Tag: Nirmala Sitharaman

Economy stakeholders urge apex bank to cut lending rates

New Delhi:On the eve of the Reserve Bank of India’s (RBI) bi-monthly monetary policy review, India Inc, stock analysts and even the government have urged the apex bank to cut key lending rates and ease the monetary policy. The Federation of Indian Chambers of Commerce and Industry’s (Ficci’s) president Jyotsna Suri has said: “Revival of […]

  • Tuesday, 22 June 2021
India keen to boost trade with Bangladesh, Myanmar: Sitharaman

Srinagar: The Indian government has been building infrastructure to boost trade and other economic activities with Bangladesh and Myanmar, union Commerce and Industry Minister Nirmala Sitharaman said here Tuesday.

  • Monday, 21 June 2021
FM Sitharamans Comment On Cryptocurrency Brings Relief To Industry
FinMin Notifies Concessional GST Rate On COVID-Related Items, Services

The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, on June 12, had slashed tax rate on COVID drugs such as Remdesivir and Tocilizumab as well as on medical oxygen, oxygen concentrators and other COVID essentials.

  • Tuesday, 15 June 2021
FM Sitharamans Comment On Cryptocurrency Brings Relief To Industry
GST Rates On COVID Items Slashed; Vaccine Still Taxed At 5%

Finance Minister Nirmala Sitharaman said that the council agreed to go with the recommendations of the Group of Ministers (GoM) that was single point agenda on the council on Saturday.

  • Saturday, 12 June 2021
GST Council Meet Begins, May Consider Duty Cuts On Medical Supplies

The 44th meeting of the GST Council, the second this year in the midst of the second wave of Covid pandemic, began on Saturday morning through video conferencing.

  • Saturday, 12 June 2021
FM Sitharaman Asks CCI To Take Extra Care & Ensure Market Processes Are Not Undermined
FM Sitharaman Asks CCI To Take Extra Care & Ensure Market Processes Are Not Undermined

The CCI has the mandate to ensure fair competition in the market across sectors and also has powers to clamp down on anti-competitive practices.

  • Thursday, 20 May 2021
Tharoor wants probe into freak temple accident

Thiruvananthapuram: Thiruvananthapuram Lok Sabha Congress candidate Shashi Tharoor, aiming for a hat-trick of wins, on Tuesday sought a probe into a freak accident at a temple near here which led him to have to eight stitches on his head. “My mother, who is 86 years old, said she has never ever heard of the ‘tulabharam’ […]

  • Sunday, 02 May 2021
Naval Commanders to review operations, strategies

New Delhi: The first edition of the three-day biannual Naval Commanders’ conference, to begin in New Delhi on Tuesday, will review major operations undertaken during the past six months, according to a press statement here on Sunday. “The Chief of the Naval Staff, with the Commanders-in-Chief, will review major operational, material, logistics, human resources, training […]

  • Sunday, 02 May 2021
Nirmala Sitharaman
Pre-Budget Meeting: Here's What Finance Minister Said On Tax Devolution

New Delhi: Union Finance Minister Nirmala Sitharaman today chaired the Pre-Budget Consultation Meeting in New Delhi attended by the Finance Ministers of States and Union Territories and the senior officials of the Ministry of Finance and State governments among others. In her opening remarks at the Pre-Budget Consultation Meeting, the Finance Minister said, “Unprecedented level […]

  • Thursday, 29 April 2021
Home Buyers Seek Rs 10,000-Crore 'Stress Fund'

New Delhi: The Forum for People’s Collective Efforts (FPCE) has asked Finance Minister Nirmala Sitharaman to create a stress fund of at least Rs 10,000 crore to complete stalled real estate projects within a period of five years. In a letter to the minister with Budget recommendations, the home buyers’ association noted that despite the […]

  • Thursday, 29 April 2021
Govt considering hike in pension age limit under APY

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has submitted a proposal to increase the limit of pension and age which the government is looking into. The proposal, under the Atal Pension Yojana (APY), is being examined by the government, said Union Minister of Finance Corporate Affairs, Nirmala Sitharaman in a written reply […]

  • Thursday, 29 April 2021
Nirmala Sitharaman
FM urged to bring cigarette taxation to pre-GST level

New Delhi: The Federation of All India Farmer Associations (FAIFA) has urged Finance Minister Nirmala Sitharaman to correct an error in cigarette taxation under the new tax regime, which did not account for the cascading effect on excise duty that existed in the pre-GST system. FAIFA is a non-profit organisation that represents the cause of […]

  • Thursday, 29 April 2021
7th pay Commission
7th Pay Commission: Govt Approves Pay Hike, Here's The Big News

The Ashok Gehlot in Rajasthan reportedly approved the proposal for the new pay scale for teachers, head librarians and physical education directors of five agricultural universities and a veterinary science varsity in the State. They will now get a pay scale in line with the 7th Pay Commission guidelines. An official statement released on June […]

  • Thursday, 29 April 2021
Performance of banks improved as NPA ratios declined: Economic Survey

New Delhi: The performance of Indian banks has improved as Non-Performing Asset ratios have declined and credit growth accelerated, said the country’s Economic Survey 2018-19. According to the Survey, the performance of public sector banks, in particular, improved in 2018-19. “The Gross NPA ratio of Scheduled Commercial Banks decreased from 11.5 per cent to 10.1 […]

  • Wednesday, 28 April 2021
Attracting private investment in industry a challenge, says Economic Survey

New Delhi: The Indian industry and infrastructure sector’s real challenge is to bring in adequate private investment in collaboration with the public sector, said the Economic Survey 2018-19. “The real challenge lies in bringing adequate private investment across the country with the collaboration of public sector. Along with physical infrastructure; provision of social infrastructure is […]

  • Wednesday, 28 April 2021