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Finance Minister urges fintech players to engage more with govt

Finance Minister urges fintech players to engage more with govt

🕔17:31, 20.Sep 2022

New Delhi, Sep 20 (IANS) Finance Minister Nirmala Sitharaman on Tuesday urged the financial technology or fintech industry to build trust and engage more with the government. Addressing the Global Fintech Fest 2022 (GFF) virtually, Sitharaman said that distances should be

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Sitharaman participates in roundtable conference with Singapore, discusses bilateral ties

Sitharaman participates in roundtable conference with Singapore, discusses bilateral ties

🕔17:39, 17.Sep 2022

New Delhi, Sep 17 (IANS) Union Finance Minister Nirmala Sitharaman on Saturday participated in the India-Singapore Ministerial Roundtable conference along with External Affairs Minister S. Jaishankar and Commerce Minister Piyush Goyal with a visiting delegation from the island nation led by

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Punjab National Bank bagged TWO Awards under the EASE 4.0 Reforms Index Award for FY 2021-22

Punjab National Bank bagged TWO Awards under the EASE 4.0 Reforms Index Award for FY 2021-22

🕔17:27, 17.Sep 2022

New Delhi, 17 September 2022: Punjab National Bank emerged as the first runner-up under two categories at the EASE 4.0 Reforms Index Award for FY 21-22. These prestigious pair of awards were secured under Tech-enabled Banking and Governance & HR at the event organized by

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Finance Minister urges banks to ‘professionalise’ decision-making boards

Finance Minister urges banks to ‘professionalise’ decision-making boards

🕔06:37, 17.Sep 2022

New Delhi, Sep 17 (IANS) Finance Minister Nirmala Sitharaman on Friday directed banks to “professionalise” their decision making boards, making it clear that they cannot be run with a “crony background”. Addressing the 75th Annual General Meeting (AGM) of Indian Banks’

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FSDC underlines need to monitor financial sector risks, discusses early warning signals for economy

FSDC underlines need to monitor financial sector risks, discusses early warning signals for economy

🕔19:21, 15.Sep 2022

New Delhi, Sep 15 (IANS) The Financial Stability and Development Council (FSDC) on Thursday noted that there is a need to monitor financial sector risks, fiscal conditions, and market developments on a continuous basis by the government and the regulators, so

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Finance Minister calls for training of tax personnel for better tech usage

Finance Minister calls for training of tax personnel for better tech usage

🕔07:03, 15.Sep 2022

New Delhi, Sep 15 (IANS) Finance Minister Nirmala Sitharaman on Wednesday lauded the efforts of the Central Board of Indirect Tax and Customs (CBIC) and underlined the need for training personnel for better utilisation of Artificial Intelligence and data analytics. “You

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India’s external debt of $620bn is sustainable: Finance Ministry report

India’s external debt of $620bn is sustainable: Finance Ministry report

🕔06:29, 5.Sep 2022

New Delhi, Sep 5 (IANS) India’s external debt of $620.7 billion, as at end of March 2022, is sustainable and is being managed in a prudent manner, the Department of Economic Affairs, under the Union Finance Ministry, said. In a recent

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Sitharaman describes Jan Dhan scheme as major step in financial inclusion

Sitharaman describes Jan Dhan scheme as major step in financial inclusion

🕔11:52, 29.Aug 2022

New Delhi, Aug 29 (IANS) Finance Minister Nirmala Sitharaman described the Pradhan Mantri Jan Dhan Yojana (PMJDY) as a major step towards financial inclusion, informing that the programme’s success can be gauged from the fact that 46 crore bank accounts with

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Finance Minister Nirmala Sitharaman meets US Deputy Treasury Secretary

Finance Minister Nirmala Sitharaman meets US Deputy Treasury Secretary

🕔07:04, 27.Aug 2022

New Delhi, Aug 27 (IANS) Finance Minister Nirmala Sitharaman on Friday met visiting US Deputy Secretary of Treasury Wally Adeyemo and discussed India’s upcoming G-20 Presidency in 2023 and issues related to the global financial sector. Both the leaders also discussed

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Govt executing each scheme covering all eligible persons: FM

Govt executing each scheme covering all eligible persons: FM

🕔07:04, 24.Aug 2022

Kohima, Aug 24 (IANS) Union Finance Minister Nirmala Sitharaman said on Tuesday that the government attempts to implement every government scheme in such a way that all eligible citizens are covered. Addressing a bankers’ conclave and credit outreach programme in Kohima,

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No service charge on UPI, clarifies Centre

No service charge on UPI, clarifies Centre

🕔06:30, 22.Aug 2022

New Delhi, Aug 22 (IANS) The Union Finance Ministry has clarified that no service charge would be levied on UPI transactions. “UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is

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Rs 1.62 lakh cr likely to be monetised in current FY 2022-23 under NMP: Finance Ministry

Rs 1.62 lakh cr likely to be monetised in current FY 2022-23 under NMP: Finance Ministry

🕔16:47, 8.Aug 2022

New Delhi, Aug 8 (IANS) While transactions worth Rs 97,000 crore has been achieved under the Centre’s ambitious national monetisation pipeline in the year 2021-22, assets valuing Rs 1.62 lakh crore is envisaged to be monetised in the current financial year

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India still fastest growing economy, no sign of recession: FM on price rise defence

India still fastest growing economy, no sign of recession: FM on price rise defence

🕔07:00, 2.Aug 2022

New Delhi, Aug 2 (IANS) Finance Minister Nirmala Sitharaman said on Monday that India is still the fastest growing economy whose financial situation is much better than most other countries. Speaking during a debate on the issue of price hike in

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Global factors responsible for rupee depreciation: Sitharaman

Global factors responsible for rupee depreciation: Sitharaman

🕔17:00, 18.Jul 2022

Amid depreciation of the rupee against dollar, Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday that global factors such as the Russia-Ukraine conflict, soaring crude oil prices and tightening of the global financial conditions, were the major

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RBI seeks regulations on cryptocurrencies: Sitharaman in LS

RBI seeks regulations on cryptocurrencies: Sitharaman in LS

🕔16:50, 18.Jul 2022

Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Reserve Bank of India (RBI) has recommended framing of regulations for cryptocurrencies. The Indian government wants an international collaboration if such a ban has to be put

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Online gaming is gambling like casinos: Nirmala Sitharaman

Online gaming is gambling like casinos: Nirmala Sitharaman

🕔18:04, 29.Jun 2022

Chandigarh, June 29 (IANS) Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming “nothing but gambling”. Addressing the media at the conclusion of the two-day meeting of the Goods and Services Tax (GST) Council held in Chandigarh, Sitharaman said

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Shock-absorbing capabilities of Indian retail investors is the silver lining

Shock-absorbing capabilities of Indian retail investors is the silver lining

🕔12:37, 19.Jun 2022

On June 7, Finance Minister Nirmala Sitharaman, while speaking at an event of the Corporate Affairs Ministry as part of the ‘Azadi ka Amrit Mahotsav’, had said that retail investors seemed to act as “shock absorbers” even when foreign portfolio

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Centre implementing infra projects worth Rs 1.34L cr in NE states: FM

Centre implementing infra projects worth Rs 1.34L cr in NE states: FM

🕔21:06, 29.May 2022

Union Finance Minister Nirmala Sitharaman on Sunday said that the Centre has been implementing various rail, road and air connectivity projects worth Rs 1.34 lakh crore in the northeastern states. Guwahati, May 29 (IANS) Union Finance Minister Nirmala Sitharaman on Sunday

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Trade pacts with UAE, Australia will fuel economic growth: FM

Trade pacts with UAE, Australia will fuel economic growth: FM

🕔05:50, 11.May 2022

Finance Minister Nirmala Sitharaman said on Tuesday the country’s trade pacts with the UAE and Australia will chart the way for economic growth. Chennai, May 11 (IANS) Finance Minister Nirmala Sitharaman said on Tuesday the country’s trade pacts with the UAE

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RBI rate hike a surprise as it came between 2 review meetings: Sitharaman

RBI rate hike a surprise as it came between 2 review meetings: Sitharaman

🕔05:44, 9.May 2022

The Reserve Bank of India’s (RBI) move to raise the policy rate is part of a synchronised action by the central banks, Union Finance Minister Nirmala Sitharaman has said, adding that it came as a surprise only because it was

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