Tag: Finance Minister
17 Results
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Finance Minister reviews the economic situation at FSDC meet
The Q2 GDP growth is expected in November end and it will be the decider to see what further directions and policy measures are needed.
November 7, 2019 -
Government committed to reform co-operative banks: Nirmala Sitharaman
She, however, said the government is not coming up with a complete solution immediately but it is moving towards better supervision and regulation for cooperative banks.
November 6, 2019 -
President Kovind rushes to help policewoman who twisted her ankle
He was accompanied by Finance Minister Nirmala Sitharaman and Minister of State for Finance and Corporate Affairs Anurag Thakur, who too were present at the occasion.
October 29, 2019 -
PMC Bank crisis : Nirmala Sitharaman appeals to not do ‘such extreme things’ on ‘consume poison’ tweet
A Twitter user named Rakesh Bhat, replied to the tweet saying 'people are bound to consume poison and die'.
October 1, 2019 -
Tragedy in the Making
It is for the first time that the Government has admitted that there is a problem with the economy. Earlier Governments had a tradition of appointing outstanding economists to important positions in the Finance Ministry. It is time that the present Government revived this tradition and hired some really talented people, without bothering too much about their ideological inclinations.
September 27, 2019 -
Drum roll continues on D-Street, Sensex closes at 1,075, Nifty wraps at 326
The Sensex surged 1,075 points or 2.83 per cent to close at 39,090 and Nifty 50 index rose 329 points or 2.92 per cent to end at 11,603.
September 23, 2019 -
Corporate tax may risk fiscal deficit target but sure is credit positive: Moody’s
Corporate tax reduction is credit positive for companies but increases the government's fiscal risks, global credit rating agency Moody's said on Saturday.
September 21, 2019 -
Sensex at 1,921 pts, post biggest 1-day gain in 10 yrs, Nifty settles at 11,274
The benchmark S&P BSE Sensex closed at 1,921 points or 5.32 per cent to settle at 38,014.62, the Nifty50 index ended at 11,274 levels, up 569 points or 5.32 per cent, with 44 out of 50 constituents advancing and 6 endings in the red.
September 20, 2019 -
Buyback tax may revive dozen of firms but IT sector may not have much to gain
In order to provide relief to listed companies which have already made a public announcement of buyback on or before July 5, 2019, it is provided that tax on buyback of shares in case of such companies shall not be charged : FM
September 20, 2019 -
Finance Minister Nirmala Sitharaman announces measures to promote growth in exports and housing sectors
In August, Sitharaman had announced the first set of such measures. This is the next round of sector specific initiatives.
September 14, 2019 -
Finance minister may release sops to revive economic slowdown
The Finance Minister has been meeting industry captains and economists across the nation to take a closer look at the economic situation.
September 14, 2019 -
Task-force report will decide Infra funding: Sitharaman
Consumption will increase when the government starts spending on infrastructure, according to the minister. The task force is in the process of identifying the infrastructure projects that are to be funded, as well as expedited.
September 10, 2019 -
Govt constitutes task force to identify Infra projects worth 100 lakh crore
The task force will comprise secretaries from different ministries, other senior officials and Niti Aayog CEO. It will identify technically feasible and financially or economically viable infrastructure projects that can be initiated in FY2019-20. This also lists the projects that can be included in the pipeline for each of the remaining five years between FY2021-25.
September 7, 2019 -
Board to soon consider amalgamation with OBC, United Bank: PNB
The bank has received a communication from the Ministry of Finance that the Alternative Mechanism (AM), after consultation with Reserve Bank of India (RBI), has decided that Punjab National Bank, Oriental Bank of Commerce (OBC) and United Bank of India may consider amalgamation, it said in a regulatory filing.
August 31, 2019 -
‘Govt adopting interventionist approach to revive growth’
CLSA said the sustained improvement in housing could drive economic growth revival.
August 29, 2019 -
INX Media case: Chidambaram’s legal team demands transcript of questioning session
Arguing on the line of questioning adopted by the investigating agencies, Chidambaram's lawyer said it appeared they were attempting to extract a confession from Chidambaram.
August 27, 2019 -
RBI to make Rs 1.76 lakh crore payout to Government
It's on the recommendation of an expert committee chaired by former Governor Bimal Jalan which is seen as a move to help stimulate low economic growth.
August 27, 2019