Back to homepage

Tag "finance minister Nirmala Sitharaman"

Banks branches remain open, ATMs filled up: FM

Banks branches remain open, ATMs filled up: FM

🕔16:45, 30.Mar 2020

New Delhi, March 30 Banks are ensuring that their branches remain open and ATMs (automated teller machines) functional with adequate cash amid the nationwide lockdown, according to the Union Finance Minister, here on Monday. Taking to Twitter, Finance Minister Nirmala Sitharaman

Read Full Article
Sitharaman lauds RBI rate cut, says need quick transmission

Sitharaman lauds RBI rate cut, says need quick transmission

🕔20:44, 27.Mar 2020

New Delhi, March 27  After the RBI Governor announced an emergency rate cut on Friday, Union Finance Minister Nirmala Sitharaman lauded the move and stressed the need for lower cost of retail loans and that reduced interest rate needs quick

Read Full Article
MGNREGA wage hiked by Rs 20/day, farmers to get Rs 2k each in April

MGNREGA wage hiked by Rs 20/day, farmers to get Rs 2k each in April

🕔16:44, 26.Mar 2020

New Delhi, March 26  Finance Minister Nirmala Sitharaman on Friday announced an increase of Rs 20 in the MGNREGA rural employment scheme with effect from April 1. The decision would benefit around 13.62 crore families across the country, Sitharaman said

Read Full Article
Rs 50 lakh medical insurance for doctors, paramedics, nurses

Rs 50 lakh medical insurance for doctors, paramedics, nurses

🕔15:26, 26.Mar 2020

New Delhi, March 26  Union Finance Minister Nirmala Sitharaman on Thursday announced that doctors, paramedics, nurses, ‘Asha’ workers, cleaning workers involved in the fight against coronavirus pandemic and treating affected patients would be extended medical insurance cover of Rs 50

Read Full Article
Rs 170,000 cr relief package for weaker sections in Covid-19 shadow

Rs 170,000 cr relief package for weaker sections in Covid-19 shadow

🕔14:34, 26.Mar 2020

New Delhi, March 26 The Centre on Thursday announced a Rs 170,000 crore relief package to protect the weaker sections of the society from the economic fallout of Covid-19. Announcing the the measures of relief package, Finance Minister Nirmala Sitharaman

Read Full Article
India likely to go in for a $18bn recovery package

India likely to go in for a $18bn recovery package

🕔12:22, 26.Mar 2020

New Delhi, March 25 (IANS) India is said to be preparing a more than $18 billion recovery and sustainability package for its industries and large workforce in the unorganised sector, industry sources in the know said on Wednesday. Not just putting

Read Full Article
Withdraw cash from any ATM free of charge

Withdraw cash from any ATM free of charge

🕔16:18, 24.Mar 2020

New Delhi, March 24 (IANS) The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic. As per the decision announced by Finance Minister Nirmala Sitharaman, debit card

Read Full Article
Default threshold under IBC raised to Rs 1 cr: Sitharaman

Default threshold under IBC raised to Rs 1 cr: Sitharaman

🕔16:16, 24.Mar 2020

New Delhi, March 24 In a major relief for small and medium enterprises, the central government has raised the threshold for default under the IBC to Rs 1 crore from the current Rs 1 lakh. Addressing the media through videoconferencing

Read Full Article
Govt extends deadline for IT return filing till June 30

Govt extends deadline for IT return filing till June 30

🕔16:11, 24.Mar 2020

New Delhi, March 24 The Union Finance Ministry on Tuesday extended the deadline for filing income tax returns for the financial year 2018-19 till June 30, 2020 in a bid to provide relief amid the coronavirus crisis. Addressing the media

Read Full Article
Union Cabinet approves Yes Bank reconstruction scheme

Union Cabinet approves Yes Bank reconstruction scheme

🕔16:46, 13.Mar 2020

SBI to invest in 49 % stakes, ICICI bank to invest 100 cr & HDFC board also investing New Delhi, March 13 The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank

Read Full Article
Yes Bank being monitored since 2017, RBI will probe wrong-doings: FM

Yes Bank being monitored since 2017, RBI will probe wrong-doings: FM

🕔07:08, 7.Mar 2020

New Delhi, March 7  Finance Minister Nirmala Sitharaman on Friday said the government has asked the Reserve Bank of India to look into wrongs at the Yes Bank and assign individual responsibilities. The bank was being under watch since 2017

Read Full Article
Cabinet nod to bank mergers, FM says will lead to higher credit flow

Cabinet nod to bank mergers, FM says will lead to higher credit flow

🕔07:55, 5.Mar 2020

New Delhi, March 5  The Union Cabinet on Wednesday approved the mega consolidation in public sector banks (PSBs) with effect from April 1, under which 10 state-run banks would be transformed into 4 big banks. It also approved the scheme

Read Full Article
List of Business in LS

List of Business in LS

🕔09:55, 2.Mar 2020

New Delhi, March 2 The second phase of the Lok Sabha Budget Session begins from Monday with a considerable List of Business for the day. Finance Minister Nirmala Sitharaman would be moving ‘The Direct Tax Vivad Se Vishwas Bill, 2020

Read Full Article
Cabinet note being readied to use PSU land for affordable housing

Cabinet note being readied to use PSU land for affordable housing

🕔07:00, 12.Feb 2020

New Delhi, Feb 12  The government seems to be looking for innovative ways to monetise assets of loss-making Central Public Sector Enterprises (CPSE), as it is preparing a cabinet note for a policy to utilise land belonging to the government

Read Full Article
List of Business in Lok Sabha

List of Business in Lok Sabha

🕔10:53, 11.Feb 2020

New Delhi, Feb 11  The Tuesday List of Business in the Lok Sabha will see Union Finance Minister Nirmala Sitharaman reply on the general discussion on the Union Budget 2020-2021. She will also move the Direct Tax Vivad Se Viswas

Read Full Article
Budget has laid foundation for $5 tn economy: Sitharaman

Budget has laid foundation for $5 tn economy: Sitharaman

🕔06:53, 10.Feb 2020

Kolkata, Feb 10  Finance Minister Nirmala Sitharaman on Sunday said the latest Union Budget has laid the foundation for increasing consumption and building assets such as in infrastructure to lead towards building a $5 trillion economy. “I think we have

Read Full Article
Govt plugging loopholes in GST with data analytics: FM

Govt plugging loopholes in GST with data analytics: FM

🕔10:01, 9.Feb 2020

Chennai, Feb 9  Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards eight per cent growth rate. She also

Read Full Article
LIC IPO will benefit retail investors, says Sitharaman

LIC IPO will benefit retail investors, says Sitharaman

🕔18:47, 7.Feb 2020

Mumbai, Feb 7 Finance Minister Nirmala Sitharaman on Friday said the IPO of the state insurer LIC will bring retail investors into the picture and also assured that the government will come up with steps to simplify the tax regimes.

Read Full Article
Govt committed to doubling farmers’ income by 2022 : FM

Govt committed to doubling farmers’ income by 2022 : FM

🕔14:05, 1.Feb 2020

New Delhi, Feb 1 Emphasising on doubling the farm income of farmers across the country by 2022, Union Finance Minister Nirmala Sitharaman in her 2020-21 Budget speech said that the government has provided 11 crore farmers under Aspirational India programme.

Read Full Article
Fundamentals of economy are strong : FM

Fundamentals of economy are strong : FM

🕔14:04, 1.Feb 2020

New Delhi, Feb 1 Presenting the Union Budget in the Parliament on Saturday, Finance Minister Nirmala Sitharaman said the fundamentals of Indian economy are strong and inflation has been contained. “Fundamentals of the economy are strong and inflation has been

Read Full Article