The Finance Ministry said on Friday it has suggested that the Reserve Bank of India (RBI) should exclude small borrowers of up to Rs 2 lakh from the provisions of its draft directions on lending against gold collateral. The Finance Ministry has also suggested that the implementation of the guidelines be postponed to next year….
India has demanded that the Asian Development Bank cut funding for Pakistan, as New Delhi continues to extend its punitive moves against Islamabad in the aftermath of the Pahalgam terror attack. Finance Minister Nirmala Sitharaman, in a meeting with Asian Development Bank President Masato Kanda on Monday, demanded that the bank cut its funds to…
Finance Minister Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs under Ministry of Finance, to attend the 58th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from May 4 to 7. Official delegations of the ADB Board…