Tag: FM

Early warning signal mechanism needs to be strengthened to insulate economy from global shocks: FM in FSDC meeting

The Financial Stability and Development Council (FSDC) on Monday decided that a mechanism needs to be evolved to strengthen early warning signals, so that all kinds of financial stress can identified well in advance.

May 9, 2023

FM to embark on US tour from Apr 10; to attend World Bank Group, IMF meets

Finance Minister Nirmala Sitharaman will embark on an official visit to the US from April 10, where she will be attending the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).

April 9, 2023

Let GST Council decide on inclusion of petro products in its ambit: FM

Union Finance Minister Nirmala Sitharaman on Monday said the Goods and Services Tax (GST) Council will have to take a call on the inclusion of petroleum products in its ambit if finance ministers of the states put up the issue on an agenda for discussion. “The Central government has expressed its intent clearly by saying...

February 20, 2023

In Budget speech, Telangana FM harps on Centre’s indiscretion

T Harish Rao highlighted Telangana’s growth story which he wanted to spread across the country in keeping with Chief Minister K Chandrasekhar Rao’s national ambitions.

February 6, 2023

AAP raps FM: Delhi’s gets Rs 325 cr despite paying Rs 1.78L cr in direct taxes

After Finance Minister Nirmala Sitharaman presented the Union Budget for FY 2023-24 in the Parliament on Wednesday, the Aadmi Party (AAP) leadership has started flagging the poor allocation and low tax share to the capital city.

February 5, 2023

FM launches special window facility for senior citizens

In her address, Sitharaman recapitulated the reforms undertaken during the last 8 years by the MCA, including enactment of Insolvency and Bankruptcy Code, Decriminalisation of the Companies Act 2013 and the Limited Liability Partnership Act, 2008.

June 7, 2022

FM proposes Rs 19,500 crore for PLI scheme to produce solar modules

She said the business model of the Energy Service Company (ESCO) in large commercial buildings would also facilitate capacity building and awareness for energy audits, performance contracts, and common measurement and verification protocol.

February 1, 2022

FM announces new PM’s development scheme for North-East

Sitharaman said that this will enable livelihood activities for youth and women, filling the gaps in various sectors. However, it will not be a substitute for existing central or state schemes. While the central ministries may also pose their candidate projects, priority will be given to those posed by the states.

February 1, 2022

FM announces introduction of ‘DIGITAL RUPEE’

Sitharaman said that in recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. The government is continuously encouraging these sectors to ensure that the benefits of digital banking reach every nook and corner of the country in a consumer-friendly manner.

February 1, 2022

Next phase of Ease of Doing Business to be launched with advent of Amrit Kaal: FM

Giving a broad overview of Amrit Kaal, Sitharaman said this new phase would be guided by active involvement of the states, digitisation of manual processes and interventions, integration of the central and state-level systems through I-T bridges, a single point access for all citizen-centric services, and a standardisation and removal of overlapping compliances. Crowdsourcing of suggestions and ground level assessment of the impact with active involvement of citizens and businesses would be encouraged, she added.

February 1, 2022

Digital wave set to transform the way you listen to FM radio in India

While private FM stations are fast moving from analog to digital globally, the time is now ripe for the public service broadcaster Prasar Bharati.

October 25, 2021

Turkish FM meets Taliban delegation in Ankara

The Taliban officials pledged to support the Afghan refugees who want to return to the country from Turkey, he said.

October 15, 2021

Impossible for us to recognise Taliban: Italian FM

Di Maio's statement came after Taliban spokesman Zabihullah Mujahid said that the caretaker government in the war-torn nation will soon be recognised as they are in contact with the UN

September 27, 2021

Dutch FM quits over Afghanistan evacuation

Parliament held Kaag responsible for not picking up signals from it and from embassy staff in Afghanistan that an emergency situation was about to arrive

September 17, 2021

Qatar FM in Kabul, meets Taliban leadership

"The meeting focused on bilateral relations, humanitarian assistance, economic development and interaction with the world," a news agency quoted Suhail Shaheen, a spokesman of the Taliban, as saying.

September 13, 2021

‘High oil prices a burden’: FM says tax cut must be joint call of Centre, states

Currently, the Central government levies a fixed rate of excise duty while states levy different rates of VAT.

March 6, 2021

‘FM please clarify whether sums announced are subsumed in Expenditure Budget’: P Chidambaram

Chidambaram said that the Centre had already made allocations for beekeeping and vaccination of domestic animals in the Union Budget presented in February while Sitharaman had said that Rs 500 crore and Rs 13,343 crore have been allocated yesterday.

May 16, 2020