New Delhi, Nov 16 Finance Minister Nirmala Sitharaman on Friday said it was too early to say if the slowdown in the economy had bottomed out but she hopes the growth in second half of the fiscal will be better.
New Delhi, Nov 7 Finance Minister Nirmala Sitharaman on Thursday reviewed the current state of the economy at the meeting of the Financial Stability and Development Council (FSDC). FSDC is a body of financial regulators. There was no statement from
New Delhi, Nov 6 In a move to protect over 4 lakh home buyers, the Centre on Wednesday formed a Rs 25,000 crore fund with participation from state-run LIC and the State Bank of India (SBI) to restart stalled projects.
New Delhi, Nov 6 Hinting at a big boost to the realty sector, Finance Minister Nirmala Sitharaman on Tuesday said that the government and the Reserve Bank of India (RBI) are in the process of resolving the issues faced by the
New Delhi; 30.10.2019 : Power Finance Corporation Limited has been awarded with National CSR Award 2018 in the Category –CSR Awards for Contribution to the National Priority Schemes, sub category – Environment and Sustainable Development including Solar Energy. The Award
New Delhi, Oct 15 Finance Minister Nirmala Sitharaman on Monday said that she is closely monitoring the developments at Punjab and Maharashtra Cooperative (PMC) Bank and the government could consider raising deposit guarantee limit from existing Rs 1 lakh. The
New Delhi, Oct 10 With Overall financial flows to the commercial sector declining sharply by 88 per cent during the first six months of the current financial year amid the slowdown in the economy, Finance Minister Nirmala Sitharaman has called
New Delhi, Sep 20 Hit hard by a slowing economy and a brewing global oil crisis, the government on Friday announced a series of tax incentives to boost the industry and restart investment. Finance Minister Nirmala Sitharaman announced a lowering
New Delhi , Sep 18 Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process within the stated timeline of April 1, 2020. “Tomorrow’s PSB
New Delhi, Sep 15 The latest measures announced by the Finance Minister in the field of real estate and exports would help provide stimulus to the slowing economy, industry FICCI President Sandip Somany said on Sunday. The industry body welcomed
Kolkata, Sep 7 (IANS) Finance Minister Nirmala Sitharaman on Friday categorically said budgetary commitments for social sector spending would not be affected in case of tax shortfall while reiterating that the government was interacting with each sector facing challenges in the
Chennai, Sep 2 Finance Minister Nirmala Sitharaman on Sunday said that the GST Council will take the final call on reducing the tax rate on motor vehicles. Speaking to reporters here, she said that the government is addressing the issues
New Delhi, Aug 30 (IANS) The government on Friday announced the mega-merger of 10 PSU banks into four, where the Punjab National Bank, the Oriental Bank of Commerce and the United Bank to merge become the second-largest PSB while the Canara
Guwahati, Aug 29 (IANS) Noting that consumption needs a boost, Finance Minister Nirmala Sitharaman on Thursday said that more measures to accelerate economic growth are in the pipeline and would be announced in the coming weeks. She reiterated that spending on
New Delhi, Aug 28 The Union cabinet in its meeting on Wednesday would take up proposals to relax foreign direct investment (FDI) in various sectors, including single brand retail and digital media, as announced by Finance Minister Nirmala Sitharaman in
New Delhi, Aug 23 (IANS) Finance Minister Nirmala Sitharaman on Friday said that tax authorities do not have to overreach or harass as the tax targets set in the Budget are well within achievable limits. The minister’s assertions came at a
New Delhi, Aug 23 (IANS) The Central government on Friday gave a major boost to the automobile industry by announcing a slew of measures to reverse slowdown denting the sector. At present, the sector has been impacted by a consumption slowdown
New Delhi, Aug 23 (IANS) With an aim to check the massive outflow of foreign portfolio investment since the Budget, the government on Friday withdrew the surcharge levied on them. As a result, the tax incidence for foreign portfolio investors (FPIs)
New Delhi, Aug 23 (IANS) With the economy in slowdown mode and expected to falter further, the Modi government on Friday came out with slew of measures including the reversal of the income tax surcharge on FPIs, an upfront recap of
New Delhi, Aug 23 (IANS) In a major relief to entrepreneurs and startups, Finance Minister Nirmala Sitharaman on Friday announced that the ‘angel tax’ provision will be withdrawn for startups and their investors. Announcing measures to boost the subdued economy, the
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