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Tag "finance minister Nirmala Sitharaman"

India hosts 1st meet of BRICS Finance Ministers, Central Bank Governors

India hosts 1st meet of BRICS Finance Ministers, Central Bank Governors

🕔07:07, 7.Apr 2021

New Delhi, April 7  India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on Tuesday The meeting, jointly chaired by Finance Minister Nirmala Sitharaman and Reserve Bank of India Governor Shaktikanta Das, was the first meeting

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Govt withdraws decision to lower small savings rate

Govt withdraws decision to lower small savings rate

🕔10:33, 1.Apr 2021

New Delhi, April 1 Centre has withdrawn its decision to lower the small savings rate for the April-June quarter. “Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter

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FM asks NDB to facilitate private sector participation

FM asks NDB to facilitate private sector participation

🕔06:29, 31.Mar 2021

New Delhi, March 31  Finance Minister Nirmala Sitharaman has suggested that the New Development Bank (NDB) facilitate private sector participation and explore more innovative financing structures. Addressing the 6th Annual Meeting of Board of Governors of the New Development Bank

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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

🕔06:56, 24.Mar 2021

New Delhi, March 24  The government has put yet another ceiling on tax-free contribution made to provident funds. Replying to the debate on Budget 2021-22, Finance Minister Nirmala Sitharaman said that a ceiling of Rs 5 lakh per annum would

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FM holds talks with Yellen, seeks larger collaboration

FM holds talks with Yellen, seeks larger collaboration

🕔11:49, 16.Mar 2021

New Delhi, March 16  India and US have agreed to work closely through common economic and strategic collaboration in various multilateral fora, including the G20. Broad agreement of on greater collaboration between the two countries on various global fora emerged

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FM calls for approach in achieving National Monetization objectives

FM calls for approach in achieving National Monetization objectives

🕔07:23, 10.Mar 2021

New Delhi, March 10  Finance Minister Nirmala Sitharaman has called for a proactive and collaborative approach by the Central and State agencies for achieving the objectives of the National Monetization that will create an alternative funding mechanism for the infrastructure

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Recent NSE glitch cost immensely, says Sitharaman

Recent NSE glitch cost immensely, says Sitharaman

🕔07:24, 2.Mar 2021

New Delhi, March 2  Days after the National Stock Exchange had to halt trading on its platform for around four hours, Finance Minister Nirmala Sitharaman said on Monday that the incident came with immense cost for the financial markets. Speaking

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FM’s dig at Chidambaram: Budget transparent; doubtful under UPA

FM’s dig at Chidambaram: Budget transparent; doubtful under UPA

🕔16:00, 12.Feb 2021

New Delhi, Feb 12 (IANS) Denying allegations of non-transparency in budgetary numbers, Union Finance Minister Nirmala Sitharaman on Friday said that the Modi government’s Budget was “clear and transparent”, while indicating that numbers were doubtful during the UPA rule. Her statement

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Govt seeks Parliament’s nod for additional expenditure of Rs 6.28L cr

Govt seeks Parliament’s nod for additional expenditure of Rs 6.28L cr

🕔07:32, 12.Feb 2021

New Delhi, Feb. Feb 12  The government on Thursday sought Parliament’s approval for an additional spending of Rs 6.28 lakh crore to meet its expenditure commitments made under the Aatmanirbhar Bharat Abhiyan and the Pradhan Mantri Garib Kalyan Yojana (PMGKY)

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India’s Budget points to a loosening of fiscal policy: Fitch Ratings

India’s Budget points to a loosening of fiscal policy: Fitch Ratings

🕔16:06, 11.Feb 2021

Mumbai/Hong Kong, Feb 11  Indias Budget presented on February 1 by Union Finance Minister Nirmala Sitharaman points to a loosening of fiscal policy to support the countrys ongoing economic recovery from the pandemic and will consequently lead to a rise

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Budget 2021-22 augments Capital of SECI and IREDA to promote development of RE sector

Budget 2021-22 augments Capital of SECI and IREDA to promote development of RE sector

🕔20:11, 9.Feb 2021

New Delhi, Feb 09: Finance Minister Nirmala Sitharaman in her budget speech 2021-22  announced  capital Augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). She said “To give a further boost to

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Govt made Budget transparent, nothing under wraps: FM

Govt made Budget transparent, nothing under wraps: FM

🕔07:30, 9.Feb 2021

New Delhi, Feb 9  Finance Minister Nirmala Sitharaman on Monday said that the government has managed to make the Union Budget transparent and there is nothing under wraps or swept under the carpet. “Whatever the government is borrowing or spending

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Thrifty Budget: Massive spending spree proposed to unleash growth

Thrifty Budget: Massive spending spree proposed to unleash growth

🕔22:17, 1.Feb 2021

New Delhi, Feb 1 (IANS) The Centre will go in for a massive spending spree on infrastructure creation, healthcare, education and demand generation to revive India’s pandemic-battered economy. In her third budget presentation in the Parliament on Monday, Finance Minister Nirmala

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Budget to add 1 cr more households under Ujjwala scheme

Budget to add 1 cr more households under Ujjwala scheme

🕔20:34, 1.Feb 2021

New Delhi, Feb 1 (IANS) The government on Monday to expanded the scope of its Ujjwala scheme, under which it provides free LPG gas connection to an adult woman belonging to a poor family not having cooking gas in her household,

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Food items and fertilizer subsidies hiked, petroleum subsidy cut

Food items and fertilizer subsidies hiked, petroleum subsidy cut

🕔20:29, 1.Feb 2021

New Delhi, Feb 1  In line with its claim to work for the interests of the villages, poor people and the farmers, the Modi government has hiked food and fertilizer subsidies in the Budget. However, petroleum subsidy has been cut

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Green activists hail budget policy on green hydrogen

Green activists hail budget policy on green hydrogen

🕔20:22, 1.Feb 2021

New Delhi, Feb 1  Environment activists and experts on Monday said the Budget announcements that India will soon have a policy on green hydrogen is a welcome step but expressed displeasure over lack of policy on closing inefficient coal plants

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Summary of the Budget 2021-22

Summary of the Budget 2021-22

🕔17:47, 1.Feb 2021

PART-A The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19

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KEY HIGHLIGHTS OF UNION BUDGET 2021-22

KEY HIGHLIGHTS OF UNION BUDGET 2021-22

🕔17:46, 1.Feb 2021

Presenting the first ever digital Union Budget, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman stated that India’s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are

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Health sector hails increased allocation, new schemes in Budget

Health sector hails increased allocation, new schemes in Budget

🕔17:45, 1.Feb 2021

Hyderabad, Feb 1  Leading health sector players on Monday hailed the Union Budget 2021-22 for increased allocation to the sector and new schemes. Healthcare providers welcomed the announcements made by Finance Minister Nirmala Sitharaman to give a push to the

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Government slashes 2021-22 sports budget by Rs.230 crore

Government slashes 2021-22 sports budget by Rs.230 crore

🕔17:44, 1.Feb 2021

New Delhi, Feb 1  In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports budget for the next financial year 2021-22, less by Rs.230.78 crore — or, 8.16 per cent — allocated in

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