There won't be any recession ever: Nirmala Sitharaman
Nov 27, 2019, at 06:06 pm
New Delhi/IBNS: Countering opposition claims, Union Finance Minister Nirmala Sitaraman on Wednesday addressed the Parliament and said the country's growth may have dimmed a bit but there will not be any 'receission' ever.
Retail inflation in India rises to 4.62 per cent in Oct
Nov 13, 2019, at 07:29 pm
New Delhi/UNI: Driven by high food prices, India's retail inflation increased to 4.62 per cent in October, according to government data released on Wednesday.
Govt sets up 25,000 cr AIF to revive the struggling realty sector in India
Nov 07, 2019, at 01:23 am
New Delhi/UNI/IBNS: The Union Cabinet on Wednesday approved setting up of a fund in which the government would infuse up to Rs 10,000 crore while Life Insurance Corporation(LIC) and State Bank of India would jointly contribute Rs 15,000 crore to help revive the struggling realty sector, informed Union Finance Minister Nirmala Sitharaman.
Fin Min Nirmala Sitharaman says govt to infuse Rs 10,000 cr into cash-strapped realty sector
Nov 06, 2019, at 08:55 pm
New Delhi/UNI: The Union Cabinet on Wednesday approved setting up of a fund to infuse funds up to Rs 10,000 crore into the realty sector, informed Union Finance Minister Nirmala Sitharaman.
Will further simplify GST to improve India's ranking in Ease of Doing Business: Nirmala Sitharaman
Oct 24, 2019, at 06:21 pm
New Delhi/UNI: Buoyed by India's jump of 14 places and reaching at the 63rd place on the World Bank's ease of doing business ranking, Union Finance Minister Nirmala Sitharaman on Thursday said the government will further simplify Goods and Services Tax, and expressed hope that it will help in further improving India's ranking.
Oct 20, 2019, at 04:52 pm
New Delhi: Union Finance Minister Nirmala Sitharaman has said that the global economic risks and imbalances reinforce the need to strengthen global co-operation at the multilateral level, besides governmental initiatives.
Nirmala Sitharaman assures Public Sector Banks in good health, have enough liquidity
Oct 14, 2019, at 09:44 pm
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that the process of mega merger Public Sector Banks “is going on smoothly” and progressing in the right direction.
PMC Bank: FM Nirmala Sitharaman says RBI taking action
Oct 10, 2019, at 02:46 pm
New Delhi: Union Finance Minister Nirmala Sitharaman assured depositors of crisis-hit Punjab and Maharashtra Co-operative Bank of fast recovery into the trouble.
FM Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow
Oct 06, 2019, at 07:15 pm
New Delhi: The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process. There would be no physical interface between the tax payers and the tax officers.
Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow
Oct 06, 2019, at 03:04 pm
New Delhi, Oct 6 (IBNS): The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process.
Demonetisation, GST encourage digitisation: FM Nirmala Sitharaman
Oct 05, 2019, at 06:21 pm
Dharwad, Oct 5 (UNI): Union Finance Minister Nirmala Sitharaman on Saturday said demonetisation and GST encouraged digitisation which will alternately drive the country towards open and transparent economic system.
Liquidity not a crisis, Sitharaman says after meeting bank chiefs
Sep 26, 2019, at 09:37 pm
New Delhi, Sept 27 (IBNS): Union Finance Minister Nirmala Sitharaman on Thursday said liquidity is not a crisis after meeting banks and financial institutions' chiefs.
GST Council slashes tax on hotel tariffs; caffeinated drinks to be dearer
Sep 21, 2019, at 03:34 pm
Panaji: After declaring major tax cuts for the corporate sector on Friday, Union Finance Minister Nirmala Sitharaman announced reduction of GST rates on a slew of items.
Indian market witnesses sharp rise as govt slashes corporate tax
Sep 20, 2019, at 04:10 pm
New Delhi, Sept 20 (IBNS): Indian market witnessed major boost on Friday after the government announced a cut in corporate tax rate for companies with the Sensex index moving up to touch 2,284.55 points in its biggest intraday gain in more than a decade.
Sensex makes huge jump after government announces slash in corporate tax rates
Sep 20, 2019, at 11:52 am
Mumbai: The stock market gained over 1200 points after Union Finance Minister Nirmala Sitharaman made a big announcement of slashing corporate tax rates on Friday.
BREAKING: Nirmala Sitharaman announces slashing of corporate tax rates
Sep 20, 2019, at 11:07 am
Goa: Union Finance Minister Nirmala Sitharaman on Friday announced the slashing of the corporate tax rates for domestic companies as well as domestic manufacturing companies.
Nirmala Sitharaman announces measures to boost housing, export sector
Sep 14, 2019, at 04:44 pm
New Delhi, Sept 14 (IBNS/UNI): Ahead of the festive season, Union Finance Minister Nirmala Sitharaman on Saturday announced a series of measures to boost the housing and export sector in the country.
There is a clear sign of revival of Industrial production: Nirmala Sitharaman
Sep 14, 2019, at 03:34 pm
New Delhi, Sept 14 (IBNS): Union Finance Minister Nirmala Sitharaman on Saturday announced several measures to boost exports and said there is a clear sign of revival of industrial production.
No employee will be removed: Nirmala Sitharaman
Sep 01, 2019, at 08:00 pm
New Delhi, Sept 1 (IBNS): Union Finance Minister Nirmala Sitharaman on Sunday assured the nation that there will not be any job loss following the government's decision to merge 10 public sector banks.
Sensex rises by 631.63 points in week ended on Aug 31
Aug 31, 2019, at 12:41 pm
Mumbai, Aug 31 (UNI): The equity market posted a massive gain during the week ended on Friday, as the BSE Sensex spurted by 631.63 points or 1.72 per cent at 37,332.79 after the Finance Minister Nirmala Sitharaman announced measures to revive the economy.
GDP growth sees sharp drop to 5 percent
Aug 30, 2019, at 05:56 pm
New Delhi, Aug 30 (IBNS): India's Gross Domestic Product (GDP) growth for the first quarter of the financial year 2019-20 dropped to touch a figure of five percent, government figures unveiled on Friday said.
Nirmala Sitharaman announces major state-run bank mergers
Aug 30, 2019, at 04:51 pm
New Delhi, Aug 30 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday said Punjab National Bank, Oriental Bank of Commerce and United Bank will be brought together to form the second-largest public sector bank of the country.
Govt not yet decided how to utilise RBI funds: Nirmala Sitharaman
Aug 27, 2019, at 07:35 pm
New Delhi, Aug 27 (IBNS): A day after the Reserve Bank of India decided to transfer Rs. 1.76 lakh crore from its reserve and surplus to the government of India, Finance Minister Nirmala Sitharaman on Tuesday said that the Centre has not yet decided on how the funds from the central bank will be utilised.
Assocham welcomes FM Sitharaman's steps to revive growth
Aug 23, 2019, at 09:23 pm
New Delhi, Aug 23 (UNI) India Inc on Friday thanked Finance Minister Nirmala Sitharaman for unveiling a slew of measures to revive economic growth and alleviate problems faced by specific sectors.
ICC president lauds unprecedented response by Union Finance Minister Nirmala Sitharaman
Aug 23, 2019, at 09:21 pm
Kolkata, Aug 23 (UNI) Indian Chamber of Commerce has lauded the Centre for a very comprehensive and extraordinary package, announced today by the Union Finance Minister Nirmala Sitharaman, to address issues leading to economic slowdown.
Aug 23, 2019, at 07:43 pm
New Delhi, Aug 23 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday announced that BSIV vehicles bought before Mar 31, 2020 will remain operational for their full period of registration.
India's GDP growth continues to be high above US, China: Nirmala Sitharaman
Aug 23, 2019, at 06:59 pm
New Delhi, Aug 23 (UNI): Highlighting the measures to boost economic growth, Union Finance Minister Nirmala Sitharaman said on Friday that India is maintaining the reform momentum and GDP growth continues high above other countries, including the US and China.
Our government kept reform as top agenda since 2014: Nirmala Sitharaman
Aug 23, 2019, at 06:00 pm
New Delhi, Aug 23 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday said the focus of her government since 2014 has been to keep 'reform' as a top agenda.
FM 'kept run-rate moving', targets 1 lakh jobs through MRO sector
Jul 06, 2019, at 02:07 pm
New Delhi, Jul 6 (UNI) There have been more reasons than one for Finance Minister Nirmala Sitharaman to get thumps up for her maiden Budget presented in Parliament on Friday.
Industry reaction to Union Budget 2019 : Mostly positive but some regrets as well
Jul 05, 2019, at 09:05 pm
Kolkata, July 5 (IBNS): Although India's benchmark indices reacted negatively to the Union Budget 2019 presented on Friday by Union Finance minister, Nirmala Sitharaman, most industry leaders have welcomed it as a positive step towards long-term development.