The Council is chaired by the Union Finance Minister and its members are Governor, Reserve Bank of India; Finance Secretary and/or Secretary, Department of Economic Affairs; Secretary, Department of Financial Services; Chief Economic Adviser, Ministry of Finance; Chairman, Securities and Exchange ...
Six months after the Gen Z protests forced him to sack his cabinet and drop a finance bill, the President wants to befriend old rivals After a year of turmoil when he appeared to be in office but not in power, President William Ruto wants to focus on building a new coalition to... ...
Solutions Customers Services Insights Company plans to launch its FedNow service in July of 2023. The goal of this initiative is to provide American financial institutions with instant payment services to boost efficiency and safety of national transactions. Although FedNow will be an accessible, electr...
In the Union Budget for 2021-22, Union Finance Minister had announced privatisation of two PSBs besides IDBI Bank. However, this year’s Budget Speech had skipped the mention of the progress made for the privatisation of two PSBs. Even as the NITI Aayog has suggested names of two PSBs fo...
Similarly, Nellie Lang, the Under Secretary for Domestic Finance, stated that “policymakers are continuing to deliberate about whether to have a CBDC, and if so, what form it would take. The Fed has also emphasized that it would only issue a CBDC with the support of the executive branch ...
The Reserve Bank, in consultation with Government of India, will put in place a rule- based WMA limit in future, based on objective parameters. Non-performing asset (NPA) : It is defined as a credit facility in respect of which the interest and/or installment of Bond finance principal has...
50 - Cabinet approved MoU between India and Kuwait in the field of accounting, finance and audit knowledge base The Union Cabinet has approved the Memorandum of Understanding (MoU) for capacity building and strengthening the accounting, financial and audit knowledge base in Kuwait. The aim of the...
It must be pointed out that Minister for Works Francis Awesa actually led the first delegation to China to discuss the EXIM loan prior to Election 2012 – so the planning for securing the finance has been in the pipeline for some time. It’s a very bold decision – and it has drawn it...
In spite of low interest in earth as a building material, the potential of using earth as a construction material to build contemporary housing has been recognised by several studies and scholars. Organisations, such as Infrastructure Development Finance Company (IDFC) - Rural Development Network, ...
Aruna has worked in the Ministries of Consumer Affairs, Corporate Affairs, Finance, Department of Expenditure, Food and Public Distribution, among others. News 15: RS Mann is appointed as the Chairman of Punjab Pay Commission Punjab Chief Secretary, R S Mann is the new Chairman of the Sixth ...