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"finance-minister-nirmala-sitharaman"

  • Telangana seeks allocation of Rs 7,778 cr in union budget for MAUD works

    Hyderabad: Telangana State has sought Rs 7,778 crore allocation in the upcoming union budget as the Central share for various projects taken up by the Municipal Administration and Urban Development Department in the State. In a letter to union Finance Minister Nirmala Sitharaman on Thursday, MAUD Minister K T Rama Rao sought the funds for […]
  • Plenty of opportunities for investors: KTR

    Hyderabad: IT and Industries Minister KT Rama Rao on Monday said there were plenty of opportunities for investors who are eager to set shop in India. Participating in the video conference of the Chief Ministers and the Finance Ministers of different States, which was chaired by Union Finance Minister Nirmala Sitharaman, Rama Rao said, “In […]
  • Indian economy shows signs of recovery: Nirmala Sitharaman

    Quoting the World Investment Report 2021, the Finance Minister said FDI inflows into India rose by 25.4 per cent to reach USD 64 billion in 2020
  • Cabinet okays scheme for subsidy to shipping companies

    Scheme to provide Rs 1,624 crore over five years as subsidy to Indian shipping companies
  • ‘Need to regulate cryptocurrency’

    "While KYC compliance is already happening, there is no regulation in place to check any kind of suspicious trading activity,” said Sunil Agarwal, dean, Blockchain programme, TalentSprint.
  • A month since launch, glitches continue to mar I-T portal

    Even after launching the new portal, users still continue to encounter multiple problems.
  • Finance Minister calls for sharing of technologies on Covid vaccines

    She also pitched for examining Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement in the light of the coronavirus pandemic.
  • Salary income of Indian workers in Gulf exempt from I-T: Nirmala

    Quoting a tweet of TMC MP Mahua Moitra, Sitharaman clarified that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/UAE/Oman/Qatar.
  • Parliament passes bill to set up NaBFID

    The bank will support the development of long-term non-recourse infrastructure financing in India.
  • Rajya Sabha returns Finance Bill 2021, completing Parliamentary approval for Budget

    The Rajya Sabha returned the bill after Finance Minister Nirmala Sitharaman had to curtail her reply to the discussion on the legislation after a verbal spat with TMC members.
  • Union Cabinet approves Bill to set up DFI

    The government has proposed Rs 20,000 crore to capitalise the institution.
  • RBI strengthening institutional mechanism to prevent bank frauds: FM

    The finance minister said the capacity of the RBI's regulatory and supervisory staff is being strengthened with specially tailored courses.
  • No proposal to bring petroleum commodities under GST: FM

    This meant that the central government continued to levy excise duty, while state governments charged VAT.
  • FM introduces Bill in Rajya Sabha to allow 74 pc FDI in insurance sector

    The Union Cabinet on Wednesday had gave its nod for amendments in the Insurance Amendment Bill 2021.
  • Banking services to hit as employees go on 2-day strike 

    About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.
  • Fuel prices burden on consumers; tax cut should be joint call: FM

    While the burden on the consumers is "understood", the pricing is a vexatious issue, she said.
  • $1.4 bn Cairn arbitration award: FM Sitharaman says it’s her duty to appeal

    Last year, the government lost two high-profile arbitrations over the levy of taxes on British firms, using legislation that gave it the power to levy taxes with retrospective effect.
  • Why is Modi govt charging common people for covid vaccine: Prithviraj

    Chavan further demanded that all beneficiaries of Pradhan Mantri Jan Aarogya Yojana (Aayushman Bharat) must be given a free COVID-19 vaccine.
  • Nirmala asks civil accounts officers to strive for seamless digital payments

    Sitharaman said that to keep government accounts transparent, the CGA will have to adapt and keep pace with changing technology to keep government account transparent.
  • Proposed ARC will not ‘jeopardise’ existing players: RBI Governor

    Speaking about stressed assets, the governor said there is growing awareness and realisation among banks in dealing with NPAs
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