Finance Ministry
Finance Minister Confirms LIC's Adani Investments Follow Standard Procedures Without Ministry Interference
Dec 02, 2025 01:26 am CST
Finance Minister Nirmala Sitharaman has clarified that LIC's investments in Adani Group companies follow strict due diligence protocols without any direction from the Finance Ministry. The state-owned insurer's investment decisions are made independently according to established regulations, with comprehensive oversight mechanisms in place. LIC's exposure to Adani Group represents a small portion of its diverse Rs 41 lakh crore investment portfolio spanning 351 publicly listed companies.
Finance Ministry Confirms No Plans to Merge Dearness Allowance with Basic Pay for Central Government Employees
Dec 02, 2025 12:21 am CST
The Finance Ministry has officially stated that there are no current plans to merge dearness allowance with basic pay for central government employees, despite speculation around the 8th Central Pay Commission. Minister of State for Finance Pankaj Chaudhary confirmed this in Parliament, addressing concerns from employee unions about inflation and compensation adjustments.
No Diwali Gifts With Public Funds: Centre's Message To All Ministries
Sep 23, 2025 03:20 pm CST
No gifts can be given for Diwali or other festive occasions using public funds - the substance of a Finance Ministry order last week to all ministries, government departments, and employees.
GST 2.0 Tax Cuts Kick In, What You Need To Know: 10 Points
Sep 22, 2025 09:09 am CST
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts.
Why Take Victim To Hospital 19 km Away? What BMW Crash Accused Told Cops
Sep 16, 2025 01:07 am CST
Gaganpreet Kaur, main accused in the Delhi BMW crash - in which the X5 driven by her rammed into a motorcycle and killed Navjot Singh, a senior Finance Ministry official, and grievously injured his wife - has said she has 'no idea' how it happened.
Video: After Accident, Accused Driver Pulled Out Of Overturned BMW
Sep 15, 2025 11:27 pm CST
In another video of the aftermath of the crash in which a finance ministry official was killed in Delhi, passersby can be seen pulling out the woman who was behind the wheel of the BMW which caused the accident.