Finance Ministry Archives

November 25, 2024 5:18 PM

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices an...

September 27, 2024 1:15 PM

Govt to issue Rs 20,000 cr ‘Sovereign Green Bonds’ in four tranches this fiscal

The central government has announced plans to collect ₹20,000 crore through the issuance of 'Sovereign Green Bonds' in the second half of the financial year 2024-25 (October-March), Finance Ministry said in a press release. The government aims to ...

June 11, 2024 9:10 AM

Centre releases over Rs 1.39 lakh crore in tax devolution to support state finances & development

The Centre has announced the release of a significant installment of one crore thirty-nine thousand 750 crore rupees in tax devolution to states. The Finance Ministry said yesterday that the release, which includes both the regular allocation for...

March 23, 2024 1:14 AM

Indian economy shines bright amid global slowdown, says Finance Ministry report

India's robust economic performance stands out amidst sluggish global growth, according to the monthly economic review report from the Department of Economic Affairs, Ministry of Finance. Recent data reveals that India's economic growth hit a six-qu...

December 1, 2023 1:17 PM

India’s GDP expected to grow by 6.5 % in FY24: Finance Ministry

Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 percent during the July-September quarter of the current financial year 2023-24, it said that India's GDP is expected to grow by 6.5 percent in the financial year 2024. ...