FM

'Economic package to give impetus to growth, address severe cash flow distress'

'Economic package to give impetus to growth, address severe cash flow distress'

A slew of measures announced by the government as part of Rs 6.29 lakh crore economic package will give an impetus to growth and are expe...Read More

Rs 19,041 crore allocated to broadband to each village through BharatNet PPP model, says FM Nirmala Sitharaman

Rs 19,041 crore allocated to broadband to each village through BharatNet PPP model, says FM Nirmala Sitharaman

Finance minister Nirmala Sitharaman said that Rs 19,041 crore is allocated to broadband to each village through the BharatNet PPP model. ...Read More

Govt focus on tackling malnutrition; doubling farmers income, says Nirmala Sitharaman

Govt focus on tackling malnutrition; doubling farmers income, says Nirmala Sitharaman

Finance minister Nirmala Sitharaman said the government is focusing on nutrition in order to fight malnutrition in the country. She added...Read More

Union finance minister Nirmala Sitharaman in Mumbai; sources say private visit

Union finance minister Nirmala Sitharaman in Mumbai; sources say private visit

Union Finance Minister Nirmala Sitharaman arrived in Mumbai on Monday on a private visit, sources in the Maharashtra BJP said.According t...Read More

FM Nirmala Sitharaman asks ministries to front-load their capital expenditure

FM Nirmala Sitharaman asks ministries to front-load their capital expenditure

Finance Minister Nirmala Sitharaman on Friday pitched for front loading of capital expenditure, saying it is critical for revitalisting ...Read More

Help nations to prevent health crisis from becoming economic crisis: FM to ADB

Help nations to prevent health crisis from becoming economic crisis: FM to ADB

India on Wednesday asked multilateral lending institutions like the Asian Development Bank (ADB) to extend support to developing countrie...Read More

New tax-free ceiling on PF for employees in firms without employer contribution

New tax-free ceiling on PF for employees in firms without employer contribution

Presenting the Budget 2021-22, Finance Minister Nirmala Sitharaman had earlier proposed to restrict tax exemption for the interest income...Read More

Permission for new pvt banks to participate in govt biz will be based on RBI guidelines: FM

Permission for new pvt banks to participate in govt biz will be based on RBI guidelines: FM

Sitharaman, during the Question Hour in the Rajya Sabha, said the government has now "only indicated" the RBI to allow other private bank...Read More

Upcoming post-budget meet with RBI board: What will FM Nirmala Sitharaman address during the meeting?

Upcoming post-budget meet with RBI board: What will FM Nirmala Sitharaman address during the meeting?

After the budget announcements, the Finance Ministers usually meet the regulator, Reserve Bank of India to discuss on the key issues on f...Read More

PSUs hit 39% of FY21 CAPEX target, FM calls for more efforts

PSUs hit 39% of FY21 CAPEX target, FM calls for more efforts

Central Public Sector Enterprises (CPSE) have achieved 39.4 per cent of their capital expenditure (CAPEX) target with an expenditure of ...Read More

Govt to seek Par nod for Rs 37K cr infra push in 2nd supplementary demands for grant

Govt to seek Par nod for Rs 37K cr infra push in 2nd supplementary demands for grant

Earlier this month, Finance Minister Nirmala Sitharaman had announced additional budget of Rs 25,000 crore as capital expenditure (capex)...Read More

Two-wheelers neither luxury nor sin goods, merit GST rate revision: FM

Two-wheelers neither luxury nor sin goods, merit GST rate revision: FM

According to a statement issued by CII, which was also issued by the finance ministry's spokesperson, Sitharaman said a rate revision pro...Read More

Brokers wary of direct D-St access plan, move SEBI, FM

Brokers wary of direct D-St access plan, move SEBI, FM

Stock brokers have petitioned the Finance Ministry and SEBI on circulars which if implemented is feared that it will have the effect of r...Read More

Govt working with RBI on restructuring of loans: FM

Govt working with RBI on restructuring of loans: FM

"The focus is on restructuring. Finance ministry is actively engaged with RBI on this. In principle, the idea that there may be a restruc...Read More

FM Nirmala Sitharaman invites AIIB to participate in USD 1.4 trn National Infrastructure programme

FM Nirmala Sitharaman invites AIIB to participate in USD 1.4 trn National Infrastructure programme

Finance Minister Nirmala Sitharaman on Tuesday invited Beijing-based AIIB to participate in India's ambitious USD 1.4 trillion (about Rs ...Read More

GST Council gives more time to taxpayers to revive cancelled registration

GST Council gives more time to taxpayers to revive cancelled registration

Accordingly, the council, which met under the chairmanship of Finance Minister Nirmala Sitharaman through video conference, decided to al...Read More

FM: Loan sanctions jump to Rs 6.45 lakh cr in over 2 months

FM: Loan sanctions jump to Rs 6.45 lakh cr in over 2 months

This is a notable increase compared to the Rs 5.95 lakh crore sanctioned as of May 8 with last Rs 50,000 crore being sanctioned in just t...Read More

From substantive decisions to broader reforms, here is what FM Nirmala Sitharaman's Rs 20 lakh crore relief package missed

From substantive decisions to broader reforms, here is what FM Nirmala Sitharaman's Rs 20 lakh crore relief package missed

Many experts termed this Rs 20 lakh crore economic package announced by finance minister Nirmala Sitharaman as a long-term package and do...Read More

Do not fear '3 Cs', FM tells bankers

Do not fear '3 Cs', FM tells bankers

The Central Bureau of Investigation (CBI), Comptroller and Auditor General of India (CAG), and Central Vigilance Commission (CVC) are com...Read More

FM says 15% corporate tax will not apply to new mining cos

FM says 15% corporate tax will not apply to new mining cos

"In order to provide certainty and to avoid future litigation, it is proposed to clarify that certain activities which are not in the nat...Read More

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