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finance ministry

Activists bought Japanese stocks during worst rout since 1987

by Adrian Jhonsan
Activists bought Japanese stocks during worst rout since 1987

Activist investors took advantage of Japan’s stock rout earlier this month to boost their holdings, seeking more influence over companies ranging from drugmakers to construction firms. Funds affiliated with prominent …

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Categories World

FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

by Adesola Mojo
FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

Automotive dealers body FADA on Friday urged the government to introduce vehicle depreciation benefits for individual taxpayers, saying it will not only expand the taxpayer base but also ignite automobile …

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Categories Automobile

Japan finance chief eyes future rise in interest rates, report says

by Adrian Jhonsan
Japan finance chief eyes future rise in interest rates, report says

Finance Minister Shunichi Suzuki said there will likely come a time when the country’s interest rates will begin to rise and affect the economy through various channels, according to an …

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Categories World

Sitharaman announces cervical cancer vaccination for girls aged 9-14 in interim budget

by Shawn Butlere
Sitharaman announces cervical cancer vaccination for girls aged 9-14 in interim budget

New Delhi: Union finance minister Nirmala Sitharaman Thursday announced the government’s intent to launch vaccination against cervical cancer for all girls aged 9-14 years in the interim budget for 2024-25.  …

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Categories Health

Cervical Cancer Vaccine to Poshan 2.0, 6 Key Takeaways From FM Nirmala Sitharaman Budget Speech For Healthcare Sector

by Shawn Butlere
Cervical Cancer Vaccine to Poshan 2.0, 6 Key Takeaways From FM Nirmala Sitharaman Budget Speech For Healthcare Sector

Home Health Cervical Cancer Vaccine to Poshan 2.0, 6 Key Takeaways From FM Nirmala Sitharaman’s Budget Speech For Healthcare Sector The 2024 interim budget for healthcare sector focused on government’s …

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Categories Health

Modi govt considering extension of FAME II scheme ahead of 2024 election: EV Industry hopeful

by Adesola Mojo
Modi govt considering extension of FAME II scheme ahead of 2024 election: EV Industry hopeful

The central government’s FAME (Faster Adoption and Manufacturing of Electric Vehicles) II subsidy scheme for electric vehicles is ending in March 2024. Although the chances of a new phase (FAME …

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Categories Automobile

UCO Bank: Government to meet RBI, NPCI and TRAI after UCO Bank incident: What caused ‘Rs 820 crore technical glitch’ at the bank

by Ev Richard
UCO Bank: Government to meet RBI, NPCI and TRAI after UCO Bank incident: What caused ‘Rs 820 crore technical glitch’ at the bank

The Finance ministry has taken a serious notice of the recent major issue at UCO Bank and the rising cases of bank frauds in the country. The ministry and the …

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Categories Technology

Delhi HC to government: Refund Vodafone Idea tax paid towards export of international roaming, long-distance services

by Ev Richard
Delhi HC to government: Refund Vodafone Idea tax paid towards export of international roaming, long-distance services

The Delhi High Court has asked the government to refund telecom company Vodafone Idea the integrated tax of Rs 7.12 crore. Vodafone-dea had paid the tax on the export of …

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Categories Technology

Japan lifts coupon rate on 10-year government bonds to 0.8%

by Adrian Jhonsan
Japan lifts coupon rate on 10-year government bonds to 0.8%

The Finance Ministry on Tuesday raised its coupon rate on 10-year Japanese government bonds to 0.8%, a 10-year high, reflecting rising yields since the Bank of Japan’s recent move to …

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Categories World

Finance Ministry urged by CAG to implement an online Customs refund system

by Craig Fedirighi
Finance Ministry urged by CAG to implement an online Customs refund system

The Comptroller and Auditor General (CAG) has suggested to the Finance Ministry to consider implementing an online system for processing customs refunds similar to the GSTN system in order to …

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Categories Business
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