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Department Of Expenditure

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Probing fictitious transactions of Rs 2,200-cr: CBDT on Dainik Bhaskar raids

The Central Board of Direct Taxes on Saturday claimed to have detected "fictitious transactions" of Rs 2,200 crore after the Income Tax Department carried out multi-city raids against the Dainik......

HC wants govt control on crowdfunding for treatment of rare diseases

There has to be some government control over the money being collected via crowdfunding for treatment of rare diseases and every "Tom, Dick and Harry" cannot be permitted to raise funds like this,......

Why is Gen Rawat rushing with Theatre Commands?

The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach.We need to accept that this process will take time if executed correctly and in the best......

Odisha to float global tender to procure COVID-19 vaccines

Facing an acute shortage of COVID-19 vaccines, the Odisha government on Monday decided to float a global tender for procuring the vaccine to inoculate the states entire population, Chief......

Govt relaxes procurement norms for health, pharma ministries, DRDO

With the world's worst outbreak of COVID-19 severely straining the health system in the country, the government has made sweeping changes in the way departments procure medical supplies, including......

Ramping up vax cover key to restoring economic activity: FinMin

Maintaining a rapid pace of the vaccination drive and quickly bridging healthcare infrastructure gaps across both urban and rural areas would emerge as the most sustainable stimulus for durable......

Dept of Public Enterprises now part of FinMin

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation......

Jet lenders to take steep haircut of 95%

Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted......

Finmin reimposes spending curbs on ministries, depts for Q2

Move made keeping in mind cash position ahead of likely third wave; health, MSME and rural development spared restrictions. The finance ministry on Wednesday reimposed expenditure curbs on......

FM readies roadmap to boost infrastructure spending

Finance Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects. During......

Bollywood's FABULOUS train journeys!

On the silver screen, the significance of trains can be traced all the way back through its use in innumerable movies. As means of transport or metaphor, the romance of trains is unmistakable in......

More rift in the IOA?

IOA Finance Committee chairman Khanna defends decision on Tokyo Games hotel bookings for Tokyo Games, says can't authorise expenditure in absence of approval from President or Secretary......

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