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Finance Ministry

Govt will announce additional measures to boost growth: FM

New Delhi: Finance Minister Arun Jaitley today said the government is considering additional measures to bolster economy that has hit a three-year low of 5.7 per cent in the first quarter of the current fiscal. The minister said an…

Government notifies new Rs 200 notes

New Delhi: The Finance Ministry of Wednesday formally announced the launch of the new Rs 200 note. "The central government hereby specifies the denomination of bank notes of the value of 200 rupees," a Gazette notification said. The…

RBI to issue Rs 200 notes: Finance Ministry

New Delhi: The government on Wednesday gave its go-ahead to the Reserve Bank to issue Rs 200 notes that will ease pressure on lower-denomination currency bills. The finance ministry, in a notification, said that on the recommendations of…

Govt to launch pension scheme for elderly with 8% fixed rate

Bhubaneswar/New Delhi: Finance Minister Arun Jaitley will today formally launch the Pradhan Mantri Vaya Vandana Yojana (PMVVY) or a pension scheme for elderly with 8 per cent fixed rate of interest on their savings on Friday. The scheme…