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Tag "finance minister Nirmala Sitharaman"

All companies important for India, need solutions: Sitharaman

All companies important for India, need solutions: Sitharaman

🕔06:58, 22.Sep 2020

New Delhi, Sep 22  Finance Minister Nirmala Sitharaman on Monday said that any company, whether it is big, medium small, micro or nano, is important for the country. Saying that “my friends are the companies”, she said under the Companies

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Govt is amending Banking Regulation Act to benefit depositors: FM

Govt is amending Banking Regulation Act to benefit depositors: FM

🕔10:18, 17.Sep 2020

New Delhi, Sep 17  The government has brought amendments to the Banking Regulation Act, 1949 in order to protect the interests of the depositors, Union Finance Minister Nirmala Sitharaman said in Parliament on Wednesday. The Finance Minister said the government

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Roll out resolution scheme for Covid-related stress by Sep 15: FM

Roll out resolution scheme for Covid-related stress by Sep 15: FM

🕔18:56, 3.Sep 2020

New Delhi, Sep 3  Finance Minister Nirmala Sitharaman on Thursday directed banks to roll out resolution schemes for Covid-related stress by September 15. During her interaction with the heads of scheduled commercial banks and NBFCs, through video conference, she focused

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Kashmir industry body flags business concerns with FM

Kashmir industry body flags business concerns with FM

🕔08:27, 2.Sep 2020

New Delhi, Sep 2  The Kashmir Chamber of Commerce and Industry (KCCI) flagged concerns of the business community during an online conference with Union Finance Minister Nirmala Sitharaman. Speaking during the conference, KCCI President Sheikh Ashiq told the Finance Minister

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FM to review implementation of resolution framework for Covid-related stress

FM to review implementation of resolution framework for Covid-related stress

🕔13:43, 30.Aug 2020

New Delhi, Aug 30  Finance Minister Nirmala Sitharaman will review the implementation of resolution framework for Covid-related stress in bank loans, with the top management of scheduled commercial banks and non-banking financial companies (NBFC) on Thursday. As the pandemic has

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GST cess restructuring, rate changes may come later though Council holds no discussion

GST cess restructuring, rate changes may come later though Council holds no discussion

🕔11:53, 28.Aug 2020

New Delhi, Aug 28  Union Finance Minister Nirmala Sitharaman said that the GST Council at its meeting on Thursday did not discuss any tax rate increase but hinted that these issues could be discussed only after states come back with

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Need to move fast on disinvestment decisions: Sitharaman

Need to move fast on disinvestment decisions: Sitharaman

🕔07:46, 26.Aug 2020

New Delhi, Aug 26  As the government’s mega disinvestment plans have slowed down amid the pandemic, Finance Minister Nirmala Sitharaman on Tuesday said that there is a need to move faster in regards to the disinvestment decisions approved by the

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FM to tax officials: Responsibilities have grown with faceless approach

FM to tax officials: Responsibilities have grown with faceless approach

🕔16:52, 15.Aug 2020

New Delhi, Aug 15  Finance Minister Nirmala Sitharaman has told tax officials that the responsibilities of the Income Tax Department have increased with the new faceless approach for appeals and assessments, sources said. Sitharaman said that the department is setting

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FM launches online dashboard for National Infrastructure Pipeline

FM launches online dashboard for National Infrastructure Pipeline

🕔07:49, 11.Aug 2020

New Delhi, Aug 11 Union Finance Minister Nirmala Sitharaman on Monday launched the National Infrastructure Pipeline’s (NIP) online dashboard through video conferencing. An official statement said the online dashboard is envisaged as a one-stop solution for all the stakeholders looking

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PM launches Rs 1 lakh cr Agriculture Infrastructure Fund

PM launches Rs 1 lakh cr Agriculture Infrastructure Fund

🕔18:33, 9.Aug 2020

New Delhi, Aug 9 Prime Minister Narendra Modi on Sunday launched the financing facility under the Agricuture Infrastructure Fund worth Rs 1 lakh crore. The agriculture infrastructure fund was announced by Finance Minister Nirmala Sitharaman as part of the Aatmanirbhar Bharat

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Centre in talks with RBI for loan restructuring

Centre in talks with RBI for loan restructuring

🕔17:38, 31.Jul 2020

New Delhi, July 31 As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government’s focus is now on loan restructuring and talks are underway with

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Economic ‘Green Shoots’ visible, govt open to taking more steps: FM

Economic ‘Green Shoots’ visible, govt open to taking more steps: FM

🕔07:17, 22.Jul 2020

New Delhi, July 22  Further steps might be initiated by the Centre to sustain the economic revival process as high frequency indicators have shown visible economic “green shoots”, Finance Minister Nirmala Sitharaman said on Tuesday. Speaking at the USIBC India

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CONFED writes to FM over dumping of 3 PSU insurers’ merger

CONFED writes to FM over dumping of 3 PSU insurers’ merger

🕔17:36, 21.Jul 2020

Chennai, July 21  The objective of the central government of profitable growth and improved solvency of three public sector general insurance companies could be achieved by merging them, said the National Confederation of General Insurers’ Officers Associations (CONFED). In a

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Downgrading credit rating amid pandemic limits policy options: FM

Downgrading credit rating amid pandemic limits policy options: FM

🕔10:13, 19.Jul 2020

New Delhi, July 19  Union Finance Minister Nirmala Sitharaman on Saturday made a strong case for rating agencies to refrain from frequent rating downgrades during the prevailing Covid-19 pandemic, which has put economies across the globe under stress and raised

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PM holds discussions on Aatmanirbhar Bharat package, eco revival

PM holds discussions on Aatmanirbhar Bharat package, eco revival

🕔07:33, 17.Jul 2020

New Delhi, July 17 Prime Minister Narendra Modi on Thursday talked to around top 50 officials from across ministries and the Niti Aayog about the progress of the Aatmanirbhar Bharat economic package and on further steps required to revive the economy,

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Finance Minister reviews Pradhan Mantri Fasal Bima Yojana

Finance Minister reviews Pradhan Mantri Fasal Bima Yojana

🕔07:13, 14.Jul 2020

New Delhi, July 14  Union Finance Minister Nirmala Sitharaman on Monday pushed for stringent follow-up action with states, where the subsidy under the Pradhan Mantri Fasal Bima Yojana (PMFBY) is pending, to ensure payment of all pending claims to farmers

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Sitharaman reviews working of health workers’ insurance scheme

Sitharaman reviews working of health workers’ insurance scheme

🕔07:06, 14.Jul 2020

New Delhi, July 14  Finance Minister Nirmala Sitharaman on Monday chaired a meeting to review the implementation of the insurance scheme for health workers fighting Covid-19, as announced under the Pradhan Mantri Garib Kalyan Package (PMGKP). The meeting, through video

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NBFC body urges FM to include individuals under ECLGS

NBFC body urges FM to include individuals under ECLGS

🕔18:30, 6.Jul 2020

New Delhi, July 6 Finance Industry Development Council (FIDC), the industry body of NBFCs has written to the Finance Minister seeking inclusion of all loans given to individuals for purchase of commercial vehicles under the Emergency Credit Line Guarantee Scheme (ECLGS)

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Govt discussing with RBI on one-time loan rejig for stressed cos

Govt discussing with RBI on one-time loan rejig for stressed cos

🕔07:24, 26.Jun 2020

Chennai, June 26  Union Finance Minister Nirmala Sitharaman on Thursday said the government is discussing with the Reserve Bank of India (RBI) for loan restructuring of companies which are stressed owing to the Covid-19 pandemic. Speaking at a webinar organised

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Over Rs 65k cr given through DBT to PMGKP beneficiaries

Over Rs 65k cr given through DBT to PMGKP beneficiaries

🕔19:30, 20.Jun 2020

New Delhi, June 20  More than 42 crore beneficiaries have been extended cash support through Direct Benefit Transfer (DBT) totalling Rs 65,454 crore under the Pradhan Mantri Garib Kalyan Package (PMGKP) till June 19, the Finance Ministry said on Saturday.

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