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Nirmala Sitharaman
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GST Exemption On Vaccine, Covid Drugs Will Make Them Costlier: Sitharaman
Nirmala Sitharaman tweeted her response to Mamata Banerjee's letter, saying these items are already exempted from customs duty and health cess.
Twitter reacts after govt withdraws decision to lower small savings rate
The interest rate on Public Provident Fund was lowered from 7.1% to 6.4%, and that on National Savings Certificates from 6.8% to 5.9% for the June quarter. The order was later withdrawn
Puducherry: Sitharaman releases BJP manifesto, vows 2.5L jobs
The Pondicherry University will be split into Pondicherry Technology University, Pondicherry Arts and Science University and Pondicherry Medical University.
FM’s comment on crypto brings relief to industry
New Delhi, March 15 : With Union Finance Minister Nirmala Sitharaman saying that all windows on cryptocurrencies will…
Seers up in arms over I-T notices, write to Sitharaman
He claimed this was sheer 'humiliation' of the seers and a "conspiracy" to defame Sanatan Dharma and that there was anger in the seer community.
FM Sitharaman calls for approach in achieving National Monetization objectives
He also highlighted the potential monetization opportunities for States and the pre-requisites for being successful in this regard.
‘Doomsday man of India,’ FM Sitharaman tears into Rahul Gandhi over crony capital comment on budget
The finance minister accused the Congress leader of creating fake narratives on various issues. She also called him 'Doomsday man of India'.
Opposition slams govt in Lok Sabha for ignoring ‘aam admi’ in budget
Accusing the government of ignoring the crisis instead of recognising that there is one at the border with China, Tharoor said the Centre seems to have overturned the slogan "Jai Jawan, Jai Kisan" into "Na Jawan, Na Kisan".
Budget fails to impress Delhi traders
Despite Palika Bazaar having many shops in its compound, the trade improving to 40-50 per cent points to the fact that recovery is happening at a snail’s pace.
Ashok Gehlot unhappy with Budget, says people left disappointed
Jaipur, Feb 1 : Rajasthan Chief Minister Ashok Gehlot on Monday expressed his displeasure over the Budget presented…
Economic Survey 2020-21 tabled in Lok Sabha
The economy, which was battered by the coronavirus lockdown, is expected to see a strong recovery in the 2021-22 fiscal year.
Budget 2021: Finance Minister to hold first meeting with industrialists for pre-budget discussion
The Finance Minister has given this indication on several occasions. In an interview with news agency Reuters, Sitharaman said that 'India's economy will pick up in 2020-21 and the foundation for strong growth in the next four to five years will be laid in February due to high expenses in the budget.
FM reviews implementation of AatmaNirbhar Bharat package with secys
New Delhi, Dec 13 : Banks have sanctioned additional credit amounting to Rs 2,05,563 crore to 80,93,491 borrowers…
‘Economic recovery from next year itself’, says FM Nirmala Sitharaman
India can see a proper recovery next year on the back of positivity and confidence due to Covid-19 vaccines, Union finance minister Nirmala Sitharaman said on Friday, arguing that steady growth and capacity expansion in the past two months had pulled the economy out of its pandemic trough.
Next quarters may see negative growth too, recession on: Chidambaram
The Congress leader alleged that as far as the formal economy is concerned, the government has done nothing to bring back the jobs that were lost or to create new jobs.
EXIM Bank to get Rs 3,000 cr for Lines of Credit for project exports
The projects supported through the scheme by EXIM Bank cover railways, power, transmission, road and transport, auto and auto components, sugar projects among others.
Finance Ministry approves MEIS allocation of Rs 39K cr for FY20
New Delhi, Nov 12: The Finance Ministry has approved the allocation of Rs 39,097 crore under the Merchandise…
FM Tells Banks To Seed All Accounts With Aadhaar By March
New Delhi: Finance Minister Nirmala Sitharaman has directed banks to seed all account with Aadhaar numbers of their…
Centre rolls out scheme for interest waiver on small loans
New Delhi, Oct 24 : The Finance Ministry has announced a scheme for ex-gratia payment of difference between…
Economy not circus lion that responds to ringmaster’s stick: Chidambaram
Chidambaram said the economy was largely determined by the market, by the laws of demand and supply, and by the purchasing power and the sentiments of the people, which are missing currently
GST Council to discuss compensation issue for third time in a row today
As many as 21 states -- which are BJP ruled or have supported it on various issues -- have opted to borrow Rs 1.10 lakh crore to meet the compensation shortfall.
Centre To Pay GST Compensation Cess, IGST Dues On Monday: FM
It also waived 18 per cent GST for start-ups which use ISRO and Antrix Corporation services to launch their satellites.
Every company regardless of size, is important for India: FM Nirmala Sitharaman
New Delhi, Sep 21 : Finance Minister Nirmala Sitharaman on Monday stated in the Lok Sabha that any…
Govt is amending Banking Regulation Act to benefit depositors: FM Sitharaman
The Finance Minister said the government is trying to bring amendments in order to protect the interest of depositors who in the last two years have been put to hardships.
Banks are going to be catalyst for economic revival: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman urged banks to support borrowers who are in distress after the loan moratorium is…
FM Sitharaman to review implementation of resolution framework for Covid-related stress
The prudential framework dated June 7, 2019 provides a principle-based resolution framework for addressing borrower defaults under a normal scenario.
Demonetisation, GST and failed lockdown ruined the country’s economy: Rahul Gandhi on FM’s ‘Act Of God’ remark
In a sharp counter to Sitharaman's assertion, Rahul Gandhi in a tweet listed three actions by the Modi government that he said has "destroyed" the economy.
FM Nirmala Sitharaman hits out at opposition for politicising GST compensation issue
Some states have blamed the Centre for shying away from its constitutional obligation to pay GST compensation to states.
Can’t Ask States To Borrow In Lieu Of GST Compensation: Bengal FM Tells Sitharaman
Mitra suggested that Centre must pay from the different cesses it collects, as it is not getting devolved to the states.
Economic ‘Green Shoots’ visible, govt open to take more steps: FM Nirmala Sitharama
The Finance Minister also said that 'Labour Codes' are being completely changed and will require the Parliament's approval.
Downgrading credit rating amid pandemic limits policy options: FM Sitharaman
In the second session of the meeting, the G20 Finance Ministers and central bank Governors discussed the developments on G20 Finance Track deliverables under the Saudi Arabian Presidency.
‘PCGS for NBFCs operational, Rs 3 lakh cr credit line for MSMEs soon’
The DFS said that everyone attending the conference was aligned on the need to quickly address the needs of MSMEs and other customers.
Announce revised comprehensive fiscal stimulus: Chidambaram
"In our view, a fiscal stimulus of Rs 1,86,650 crore amounting to barely 0.91 per cent of GDP will be totally inadequate given the gravity of the economic crisis and the dire situation in which people find themselves. Most analysts, rating agencies and banks have placed the size of the fiscal stimulus at between 0.8 to 1.5 per cent," said Chidambaram.
Retailers upset over no govt support, warn of business closures
CAIT Secretary General Praveen Khandelwal said that the organisation will seek immediate intervention of Prime Minister Narendra Modi.
‘Frivolous’, Congress hits back at FM on Rahul, Sonia jibe
On the issue of Rahul Gandhi meeting migrants in Delhi, Anand Sharma said, "Rahul has right to show his sensitivity. I can understand her frustration, first she damaged the economy, and now…."
FM calls Rahul’s meeting with migrants a ‘dramabaazi’
Saying that it is time to join hands, Sitharaman added that she is "requesting the Congress to work together in this situation. It feels sad to see the picture of the migrants."
FM gives stimulus push to rural employment, health, education
These announcements were made under Prime Minister's mega stimulus package amounting to 10 per cent of the gross domestic product (GDP).
No fresh bankruptcy for 1 year, special insolvency framework for MSMEs
The threshold for insolvency will also be raised to Rs one crore from the current Rs one lakh which will be supportive for the MSME sector.
FM Nirmala Sitharaman gives break-up of eco package; allocation at Rs 20,97,053 cr
New Delhi, May 17 : Finance Minister Nirmala Sitharaman on Sunday listed all the measures and allocations made…
Bharatiya Mazdoor Sangh ‘strongly opposes’ FM’s plans on privatisation
It also flayed the proposals to increase in Foreign Direct Investment in defence production from 49 to 74 per cent as well as privatisation of Ordnance Factory Board.
FDI limit for defence manufacturing to be raised to 74%
The government has also decided to corporatize Ordnance Factory Board to improve autonomy, accountability and efficiency in ordnance supplies.
Reforms In Defence, Civil Aviation, Announces Finance Minister
On the civil aviation sector, the Centre will ease the air space availability to allow airlines to save cost and passengers to spend less time while travelling.
Power Distribution To Be Privatised In Union Territories: Nirmala Sitharaman
The government's latest move is on account of sub-optimal performance of power distribution and supply.
Power Ministry writes to states/UTs extending Rs 90K cr package
During the lockdown period, there has been a significant drop in demand because industrial and commercial units were closed.
Give money directly to people, rework eco package: Rahul
"when children are hit, mother doesn't give them loan, but gives direct relief, the need of the hour is not loan package but money should be put in the pockets of the people."
Farmers need urgent support, latest steps don’t provide that: Experts
"When you are talking of kisan credit card, Digital India, then you should also at least give the farmer some relief, what was his fault?"
Sitharaman’s announcements nothing but ‘jumlas’: Punjab CM
Amarinder Singh said as one of the most affected states, agriculturally, Punjab needed support for the farmers during the wheat harvesting and procurement, which the Centre failed to deliver.
FM unveils Rs 10K cr scheme to formalise micro food enterprises
The announcements are part of the third tranche of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi on Tuesday.
Sitharaman announces Rs 1 lakh cr fund for post-harvest agri infra
The announcement is part of the third tranche of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi on Tuesday.
FM Nirmala Sitharaman drives stimulus tractor, attempts to revive farm sector
FM proposes 11 steps to boost agro and allied sectors in third tranche of Rs 20-lakh-crore stimulus
FM’s announcements will benefit farmers, migrant workers: PM
New Delhi, May 14 : Prime Minister Narendra Modi on Thursday lauded the announcements of Finance Minister Nirmala…
Centre: Rs 3,500 cr allocated for free food grain supply to migrants for 2 months
"States/UTs are advised to provide work to migrant workers as per the Act. Planning is on for continuing MNREGA works in monsoon as well as plantations, horticulture, livestock related sheds",
15 measures to revive economy, big takeaways for MSMEs, NBFCs
The government has also extended the date of assessments getting barred on September 30, 2020 to December 31, 2020 and those getting barred on March 31, 2021 to September 30, 2021.
Centre”s economic package will mitigate distress of working class: Odisha CM
He said the economic revival package has given hope to the Micro, Small and Medium Enterprises (MSME) sector in the country.
Necessary steps, but doubts over implementation, effectiveness: Economists
He noted that some measure will be "quite effective" while others such as the Rs 50,000 crore "Fund of Funds" for MSMEs may not yield the intended results.
Chidambaram on FM Sitharaman’s announcements: Nothing for poor, hungry migrant workers
The government must allow states to borrow more and spend more, but it was not willing to do so, Chidambaram said.
Focus of package is debt creation, not demand creation: Cong
After Finance Minister Nirmala Sitharaman announced a slew of measures for MSME sector, Discoms, contractors and EPF, the…
Rs 3 lakh cr collateral free automatic loan for MSMEs
New Delhi, May 13 (IANS) Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses…
FM at IMF panel meet: Members briefed on corona crisis
The discussions at the meeting were based on IMF Managing Director's Global Policy Agenda titled, 'Exceptional Times - Exceptional Action'.
Will ask states to use Rs 31,000 cr fund for building workers: Centre
New Delhi, March 26 : Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct…
MGNREGA wage hiked by Rs 20/day, farmers to get Rs 2k each in April
The decisions are aimed at bringing relief to the under-privileged and the poor amid the standstill in business and economic activity due to the 21-day lockdown.
Rahul Gandhi hails Centre’s financial assistance to poor
New Delhi, March 26 : After the Centre announced a financial assistance package of Rs 1,70,000 crores, the…
Centre to provide Rs 170,000 cr relief package
New Delhi, March 26 : The Centre on Thursday announced a Rs 170,000 crore worth of relief package…
Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8/l in future
The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to raise an additional Rs 39,000 crore in revenue annually.
GST Council to discuss Covid-19 impact on revenues, rationalising rates
Ahead of the GST Council meeting, a group of officials comprising Central and state governments met on Friday in the national capital to discuss various taxpayer issues.
Odisha urges FM to release Jagannath temple funds in Yes Bank
Bhubaneswar, March 8 Odisha Finance Minister Niranjan Pujari has requested Union Finance Minister Nirmala Sitharaman to instruct the…
Examine spread of virus via currency notes: CAIT to FM
New Delhi, March 8 The Confederation of All India Traders (CAIT) here on Sunday wrote to Finance Minister…
Vodafone CEO Reed meets Sitharaman, Prasad over VIL’s state
VIL has the maximum AGR dues of Rs 53,000 crore, of which it paid Rs 3,500 crore last month.
Yes Bank depositors’ money safe, RBI working on resolution: FM
The Minister said she will speak to RBI Governor to see depositors don't face any cash crunch and the priority is safety of the depositors' money and can't give details of the plan.
Govt seeks parliament nod for additional spending
In November, Sitharaman had taken Parliament's approval for additional spending of Rs 21,246 crore as part of first supplementary demand for grant.
No impact of Delhi violence on investor confidence: Sitharaman
"But that shouldn't cause worries, because FDI flows were steady and coming in good numbers while the forex is also doing very well," she said.
All pending MSME loans to be restructured by March 15: FM Sitharaman
New Delhi, Feb 26 : Finance Minister Nirmala Sitharaman said a total 5.53 lakh MSME accounts have been…
Sisodia demands Delhi’s share in central taxes
New Delhi, Feb 21 (IANS) Delhi Deputy Chief Minister Manish Sisodia on Friday met Union Finance Minister Nirmala…
List of Business in LS
New Delhi, The Tuesday List of Business in the Lok Sabha will see Union Finance Minister Nirmala Sitharaman…
It’s for Sitharaman to put petrol, diesel on GST Council agenda: Amit Mitra
He also asked Sitharaman to bring the matter on the council's agenda if she was interested in bringing petrol and diesel under GST.
Rahul Gandhi slams PM Modi on economy
Rahul Gandhi has asked the government how it will provide jobs to the youth. It alleged that to divert attention from the real issues government is using diversionary tactics.
Don’t be afraid of my questions on employment: Rahul to FM
I am asking it on behalf of youths, and replying them is your responsibility. The youth of the country needs jobs and your government has failed miserably in providing jobs."
Kisan Rail mooted to carry perishables; 9 already in use
New Delhi, Feb 1: Even as Finance Minister Nirmala Sitharaman proposed to set up a ‘Kisan Rail’ through…
FM proposes, railways sets forth Indore-Varanasi Tejas train
New Delhi, Feb 1: Hours after Finance Minister Nirmala Sitharaman said in her budget speech that Tejas Express…
P Chidambaram: Nothing in the budget to believe growth will revive in 2020-21
He said, the Indian economy is demand-constrained and investment-starved and the finance minister has not acknowledged these two challenges.
Govt hikes budget allocation for Department of Space by Rs 340 cr
Chennai, Feb 1 : Union Finance Minister Nirmala Sitharaman has proposed a marginal increase of Rs 340 crore…
Budget 2020: Govt proposes allocation of Rs 4,400cr for clean air in FY21, to incentivise states
New Delhi, Feb 1: Finance Minister Nirmala Sitharaman, citing pollution as a matter of concern, said the government…
Nothing concrete in the budget: Rahul Gandhi
Critical of the budget, the Congress has demanded farm loan waiver as the UPA did in 2008.
Govt to ensure improved flow of funds to northeast: FM
"Central Government has effectively used an online portal to reduce gestation period. This has improved the flow of funds to the northeast region," she said.
Budget 2020 Live: Defence budget hiked by 6% to Rs 3.3 lakh crore
Govt to raise funds via listing of LIC; Deposit insurance raised to Rs 5 lakh; FY21 fiscal deficit target pegged at 3.5% of GDP; DDT scrapped; cuts income tax on lower slabs.
Culture Ministry gets Rs 108 cr more, IIT-like varsity
New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman announced Rs 3,150 crore for the Culture Ministry this…
Rs 35,600 cr for nutrition related programmes: FM
She added: "I propose to provide Rs 35,600 crores for nutrition related programmes for 2020-21."
Income tax rates, slabs changed; those earning up to Rs 15 lakh benefit
New Delhi, Feb 1 : In a major relief to middle class, Finance Minister Nirmala Sitharaman has proposed…
Fiscal deficit for FY20 at 3.8%: FM Sitharaman
Last August, the government cut corporate taxes to 22.5% which cost the exchequer Rs 1.45 lakh crore.
Budget proposes Rs 8,000 crore boost for quantum tech
Saying that quantum technology is opening up new opportunities, Sitharaman said that several commercial applications would emerge in the area.
Budget 2020 is woven around 3 prominent themes: FM
New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman allocated Rs 69000 crore including Rs 6400 crore for…
Push for transportation; Rs 1.7 lakh cr allocated
New Delhi, Feb 1: With major emphasis on transportation and the required infrastructure, Finance Minister Nirmala Sitharaman on…
FDI into India increased to $284 bn during 2014-19
New Delhi, Feb 1 : Finance Minister Nirmala Sitharaman said on Saturday that the Foreign direct investment (FDI)…
GDP growth over 7.4% in 2014-19, claims FM
New Delhi, Feb 1 Finance Minister Nirmala Sitharaman said Central government’s debt reduced to 48.7% of GDP in…
Fundamentals of economy are strong: FM
New Delhi, Feb 1 Presenting the Union Budget in the Parliament on Saturday, Finance Minister Nrimala Sitharaman said…
Budget will show how much BJP cares for Delhi: Kejriwal
New Delhi, Feb 1 Delhi Chief Minister Arvind Kejriwal on Saturday said the Union Budget will show how…
Govt tables Economic Survey FY20 in Parliament
New Delhi, Jan 31: India’s economy might see an upswing as GDP growth rate for FY21 is seen…
FM Sitharaman may push for Rs 30K cr interim dividend from RBI to meet low revenue generation, slowdown
The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.
FM Sitharaman kicks off Budget countdown with ‘Halwa’ ceremony
New Delhi, Jan 20 : Finance Minister Nirmala Sitharaman on Monday kicked off the countdown to the Union…
Rahul urges FM Sitharaman over high GST on cochlear implant add-ons
They said cochlear implants attracted 5 per cent GST, while the implant accessories that required periodic replacement were subject to 12-28 per cent GST.
GST Council approves uniform 28% tax on state, pvt lotteries: FM
New Delhi, Dec 18 : While the all-powerful GST Council kept rates unchaged in its 38th meeting on…
“Does She Eat Avocado?”: P Chidambaram on Sitharaman’s onion statement
New Delhi, Dec 5: The Opposition parties attacked Finance Minister Nirmala Sitharaman when she said “I-don’t-eat-onions” in parliament…
Opposition-ruled states approach Sitharaman over delayed GST compensation
Delhi: Finance ministers and representatives of opposition-ruled states on Wednesday met Union Finance Minister Nirmala Sitharaman and expressed…
When Rahul Bajaj criticised the PM in 1993 and wasn’t called ‘anti-national’
Writing for The Indian Express, PM Manmohan Singh’s former advisor Sanjay Baru notes that in 1993 that while FM Manmohan Singh was publicly dismissive of Bajaj’s concern, PV Narasimha Rao paid heed and reached out to business leaders.
Ruckus in Parliament over onion prices, remarks on PM, Nirmala
New Delhi, Dec 3 : The Lok Sabha on Tuesday witnessed an uproar followed by cross allegations between…
“Government Dealing With India Inc At Arm’s Length”: Kiran Mazumdar Shaw
"Why is criticism seen as anti-national?" Kiran Mazumdar Shaw asked, supporting a similar statement by industrialist Rahul Bajaj over the weekend.
GDP data not gospel truth, need not be taken seriously: BJP MP
New Delhi, Dec 2 : A day after Finance Minister Nirmala Sitharaman hit out at the government critique…
Corporate Tax rate cut to deal with economic challenge: FM
New Delhi, Dec 2 : Union Finance Minister Nirmala Sitharaman on Monday told Parliament that the decision to…
Govt moves Taxation Bill in Parliament to lower tax rate option
New Delhi, Dec 2 : The Centre in the Lok Sabha on Monday moved the Taxation Laws (Amendment)…
Does national interest lie in praising you and your govt: Sibal asks Sitharaman
New Delhi, Dec 2: Senior Congress leader and Rajya Sabha MP Kapil Sibal posted a tweet addressed to…
Important Bills to come up in Lok Sabha
New Delhi, Dec 2 The Legislative Business in the Lok Sabha on Monday will have two important Bills…
Who used to mock Manmohan Singh have pushed the economy to recession: Ahmed Patel
New Delhi, Nov 30 : Senior Congress leader and Rajya Sabha MP Ahmed Patel accused the Modi government…
Twitterati slams govt as GDP growth fell to its lowest in 6 years
"Nirmala Tai said there is an economic slowdown but there is no recession…Thik usi tarah jaise Heera Thakur Zeher wali kheer kha ke marne wala hi tha but at least uski Abhookh to miti."
CII, FICCI close ranks against Reliance Jio
"Adding further woes to the sector, the recent ruling on Adjusted Gross Revenues (AGR), dues of the TSPs will lead to an unfortunate and disastrous collapse of the already battered sector," Somany said.
Economic Growth down but it’s not recession yet: Sitharaman in Rajya Sabha
Finance Minister Nirmala Sitharaman on Wednesday acknowledged that the economic growth may have slowed a bit but refused…
Growth may have slowed down, but there is no recession: FM in Rajya Sabha
Delhi: Growth may have slowed down, but there is no recession: Finance Minister in Rajya Sabha. India’s GDP…
Mega disinvestment: BPCL, SCI, CONCOR to be privatised
New Delhi, Nov 20 : Brining an end to months of anticipation over the government lowering its stake…
Cabinet approves strategic disinvestment of BPCL
Delhi: Cabinet has approved strategic disinvestment of Bharat Petroleum Corporation Limited, of Govt of India share holding of…
Scrap deposit insurance: AIBEA tells FM Sitharaman
Chennai, Nov 19 : Even as the government is mulling increasing the insurance cover for bank deposits, the…
We dont want any telecom firm to shut operations: FM Sitharaman
Post-SC verdict on AGR, the Finance Ministry is trying to understand the impact of the verdict. As the companies have to pay the AGR amount in three months, the minister said time is a serious factor on giving relief to the sector.
Govt to induce Rs 10,000 cr in AIF to rescue stalled housing projects
Delhi: “Cabinet approves establishment of ‘Special Window’ to provide priority debt financing for completion of stalled housing projects”…
Banks’ “Worst” Time Under Manmohan -Raghuram, says Sitharaman after criticism for economic slowdown
New Delhi, Oct 16: Facing criticism from all quarters for the bad state of the India’s economy, Finance…
Govt could raise deposit guarantee limit from Rs 1 lakh: Sitharaman
New Delhi, Oct 14 : Finance Minister Nirmala Sitharaman on Monday said that she is closely monitoring the…
Nirmala Sitharaman’s husband hits out at Centre over slowdown, says govt in denial
Economist Parakala Prabhakar, Finance Minister Nirmala Sitharaman's husband, has slammed the Centre over economic slowdown while advising the BJP government to embrace the Rao-Manmohan Singh model.
Youth Congress protests against ‘vendetta politics’
All the prominent leaders are being targeted by BJP, by misusing constitutional institutions like IT, CBI, ED and so on," said a statement from the Youth Congress.
Will make amendments if they help in better regulation: FM
Mumbai, Oct 10 : Facing flak from several quarters on the PMC Bank fraud case, Finance Minister Nirmala…
Government capex plans on track, no payments overdue: FM
New Delhi, Sep 27 : Finance Minister Nirmala Sitharaman on Friday said the government’s capital expenditure plans are…
No liquidity crisis, demand to pick up: Nirmala Sitharaman
Addressing the media after the meeting, Sitharaman evinced hope that demand would return in most of the sectors.
Hats off to Sitharaman for tax cut: Mazumdar-Shaw
Bengaluru, Sep 20 : Biocon chairperson Kiran Mazumdar-Shaw on Friday complimented Finance Minister Nirmala Sitharaman for the corporate…
Congress terms FM package an economic disaster
New Delhi, Sep 20 : The Congress has termed the financial package of Finance Minister Nirmala Sitharaman an…
After tax cuts, GST Council reduces rates on various items
The key sectors which would benefit from GST rate cuts are hotels, gems & jewellery, defence and automobiles.
Hero MotoCorp, Maruti top gainers on ‘historic’ Friday
Stocks of two-wheeler major Hero MotoCorp settled 13.19 per cent or Rs 334.05 higher at Rs 2,866.50 per share.
Nil GST rate on hotel room rent upto Rs 1k
GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.
Stock market makes history, Sensex up 2,200 points
Mumbai, Sep 20 : Sensex and Nifty logged their biggest ever single day gains on Friday after Finance…
Corporate Tax Rate Cut From 30% To 25.2% To Spur Growth
New Delhi, Sep 20: Finance Minister Nirmala Sitharaman announced reduction of corporate tax on domestic firms in a…
Sitharaman, Kiran Mazumdar-Shaw in Twitter spat over e-cigarettes ban
New Delhi, Sep 19 Finance Minister Nirmala Sitharaman on Thursday defended her decision to ban e-cigarettes after Biocon…
Markets open in green
Mumbai, Sep 18 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of…
Weird statements of Nirmala, Piyush will not lead to betterment of economy: Yashwant Sinha
Indore, Sep 15 : Former BJP leader Yashwant Sinha termed the Finance Minister Nirmala Sitharaman’s reasoning behind decline…
Nirmala clueless about how to lift economy, applying cosmetic measures: Congress
New Delhi, Sep 14 The Congress on Saturday hit back at the Modi government after Finance Minister Nirmala…
Need concrete plan to fix economy not Sitharaman’s “foolish theories” : Rahul Gandhi attacks Modi govt
New Delhi, Sep 12 Dubbing Finance Minister Nirmala Sitharaman’s excuse that millennials were the reason for the slowdown…
India doesn’t need propaganda: Rahul hits out at Centre
With the tweet, Rahul attached a news report of the interview of former Prime Minister Manmohan Singh dubbing flawed GST and demonetisation as the reason for the economic slowdown.
Congress taunts Sitharaman’s ‘Ola, Uber’ comment
Singhvi said, Sitharaman also said that a dip in gross domestic product (GDP) is part of growth. "It implies that the dip in GDP has become the new normal for the BJP,"
Bank staff to protest outside Parliament against mergers
AIBEA General Secretary C.H. Venkatachalam told IANS that the UFBU has decided to a national dharna before Parliament on Sep 20 at 10.30 a.m.
Centre proposes to cut stake in select firms to under 51%
"Strategic disinvestment of select CPSEs would continue to remain a priority of this government, Sitharaman had said.
Reports claim Pak to submit dossier citing Rahul’s remark, Nirmala fumes
New Delhi/Chennai, Sep 10 : A document, purported to be a Pakistani “dossier” to be submitted to the…
Inflation completely under control: FM
Kokatta, Sep 6 (IANS) Finance Minister Nirmala Sitharaman on Friday said inflation is completely under control and that…
More measures to boost the economy: FM
“As regards to the surplus reserves, we have not taken a call on how that is going to be used. When we take a call, we will certainly let you know.”
Indian Economy is in deep crisis
India is witnessing overall economic slowdown but the Modi government remains in denial and this is for the…
FM announces slew of governance reforms for PSBs
New Delhi, Aug 30 (IANS) After announcing four big-ticket mergers of state-run banks on Friday, Finance Minister Nirmala…
Mega PSB merger: 10 banks amalgamated into 4-entities
New Delhi:In a major reform measure, the Central government on Friday announced the merger of 10 public sector…
Will announce more measures to boost economy in coming weeks: Sitharaman
The government has recognised that consumption needs a boost, says Nirmala Sitharaman.
Angel tax for startups removed, industry cheers
Industry hailed the government decision, terming it good development.
Authorities don’t have to overreach, tax targets achievable: FM
New Delhi, Aug 23 (IANS) Responding to India Inc’s calls for measures to curb “tax terrorism”, Finance Minister…
Corporate tax to be cut gradually: Sitharaman
Last year, the then Finance Minister Arun Jaitley had cut the corporate income tax rate to 25 per cent for companies with a turnover of up to Rs 250 crore.
Sectoral policy intervention in works, no fiscal stimulus
New Delhi, Aug 18 The Finance Ministry is holding back-to-back discussions with the Prime Minister’s office and the…
Sensex ends in green amid weak global cues
Mumbai, Aug 16 (IANS) Buzz of a possible stimulus package by the Union government aided the Sensex and…
Goverment calls for FPI meet today
New Delhi, Aug 9 Concerned over the non-stop slide in the equity markets and the massive erosion in…
FPIs pull-out over Rs 20,500 Crore, even as govt adamant on super-rich surcharge
New Delhi, Aug 3: Despite the flight of over Rs 20,500 crore worth of foreign funds from the…
Insolvency and Bankruptcy Code (Amendment) Bill will create oligopoly, says Kapil Sibal
New Delhi, July 29 : Congress leader Kapil Sibal hit out at the Centre for “creating an oligopoly…
RS passes Bill to bring clarity to bankruptcy law
The Bill has proposed that if an application under the bankruptcy law is not admitted or rejected within 14 days by the adjudicating authority, it shall provide the reasons in writing.
Sitharaman rebuts Chidambaram point-by-point, reiterates budget figures realistic
New Delhi, July 12 (IANS) Giving point-by-point rebuttal to senior Congress leader P. Chidambaram, Union Finance Minister Nirmala…
Parliament Live: Nirmala Sitharaman to reply to debate on Union Budget
New Delhi, July 10: Union Finance Minister Nirmala Sitharaman to reply to the debate on Union Budget in…
Government needs to do much more to attract investments
Finance Minister Nirmala Sitharaman’s Union Budget 2019-20 presented the vision of India becoming a $5 trillion economy in…
Highlights of Union Budget 2019-20 – Infrastructure Sector
New Delhi, July 5 (IANS) Union Finance Minister Nirmala Sitharaman in her maiden Budget Speech on Friday announced…
Highlights of Union Budget 2019-20 – Trade Sector
New Delhi, July 5 (IANS) Union Finance Minister Nirmala Sitharaman in her maiden Budget speech on Friday announced…
Highlights of Union Budget 2019-20 – Transport Sector
New Delhi, July 5 (IANS) Union Finance Minister Nirmala Sitharaman in her maiden Budget Speech on Friday announced…
Budget will boost country’s development in 21st century, says PM Modi
New Delhi, July 5 : Commenting on the first Budget of the NDA government’s second term, Prime Minister…
Budget hikes divestment target to Rs 1.05 lakh Crore
New Delhi, July 5 The government on Friday hiked its disinvestment target in the current fiscal from Rs…
Budget 2019 LIVE : Now, use Aadhaar instead of PAN to file ITR, says Nirmala Sitharaman
New Delhi, July 5 : Finance Minister Nirmala Sitharaman presented the first Union Budget of the second term…
Parliament Live: Real GDP Growth Projected At 7% For 2019-20 In Economic Survey
New Delhi,July 4 : A day ahead of the union budget 2019, Finance Minister Nirmala Sitharaman tabled Modi…
Budget discussion may start from July 8: Finance Ministry
New Delhi, June 30 Parliament is likely to start discussion on the General Budget on July 8 while…
Sitharaman may meet PSU bank chiefs on Friday
New Delhi, June 21 Finance Minister Nirmala Sitharaman may meet CEOs of PSU banks to discuss the roadmap…
Developers want Budget to ease liquidity, make changes in GST
A few months back, the GST Council decided that homes priced up to Rs 45 lakh and with a carpet area of up to 60 square metres in metros and 90 square metres in non-metro cities will be counted in the affordable segment.
Cabinet Portfolios: Shah gets Home ministry, Sitharaman is new Finance Minister
New Delhi, May 31: A day after a grand swearing-in ceremony of Narendra Modi as the Prime Minister…
Nirmala Sitharaman takes charge as Finance Minister
New Delhi, May 31: Nirmala Sitharaman on Friday took charge as Minister of Finance and Corporate Affairs. After…
Modi 2.0: Old and new faces greet economic ministries
New Delhi, May 31: Keeping his reputation of surprising people with unexpected steps intact, Prime Minister Narendra Modi…
Nirmala Sitharaman visits injured Shashi Tharoor in hospital
New Delhi, April 16: Defence Minister Nirmala Sitharaman paid a visit to Congress leader Shashi Tharoor, who is…
Centre to review OROP: Sitharaman
Dehradun, March 4 Defence Minister Nirmala Sitharaman said on Monday said that all arrears of ‘one rank one…
Nirmala Sitharaman meets Abhinandan Varthman
New Delhi, Mar 2: Defence Minister Nirmala Sitharaman on Saturday met Wing Commander Abhinandan Varthman at a hospital…
PM Modi welcomes Wing Commander Abhinandan, says nation is proud of his exemplary courage
New Delhi, March 1 : Prime Minister Narendra Modi took to twitter to welcome Wing Commander Abhinandan, saying…
Welcome home, Wing Commander Abhinandan: Modi
New Delhi, March 1 (IANS) Prime Minister Narendra Modi, BJP President Amit Shah and several Union ministers including…
Aero India takes off with dazzling flying display in Bengaluru
Bengaluru, Feb 20: The 12th edition of the biennial Aero India 2019 air show took off on Wednesday…
Manohar Parrikar’s role must be investigated: N Ram
New Delhi, Feb 8: Reacting to Ministry of Defence’s dissent on Rafale negotiations, Chairman of The Hindu Group…
Rahul provoking armed forces against government: Sitharaman
"The then Defence Minister (Manohar Parrikar) has seen that noting and also signed it. What was the response of then Defence Minister Parrikar? I said the same thing in Parliament."
Is Defence Minister giving Pakistan clean chit on Uri, Pathankot attacks, asks Chidambaram
New Delhi, Jan 14: Attacking Defence Minister Nirmala Sitharaman for claiming that no major terror attack took place…
“Don’t Impose Your Sexism”: Rahul Gandhi on “Mahila defending PM Modi” Remark
Dubai, Jan 13: Congress president Rahul Gandhi stood by his controversial remarks targeting Prime Minister for asking Lady…
No major terror attack under Modi-Government: Nirmala Sitharaman
New Delhi, Jan 12 : Rallying the BJP workers ahead of the upcoming Lok Sabha polls, Defence Minister…
Doubts raised on my statement misleading, incorrect: Sitharaman
New Delhi, Jan 7 (IANS) Defence Minister Nirmala Sitharaman on Monday attacked Congress President Rahul Gandhi for raising…
Defence Minister lied about HAL contracts in Parliament: Rahul Gandhi
New Delhi, Jan 7: Congress President Rahul Gandhi on Monday accused Defence Minister Nirmala Sitharaman of lying even…
Winter Session: Four more MPs suspended by Lok Sabha Speaker
New Delhi, Jan 7: Lok Sabha Speaker Sumitra Mahajan on Monday suspended three AIADMK MPs- P Venugopal, KN…
Prove order given to HAL or resign, Rahul tells Sitharaman
New Delhi, Jan 6 : Congress President Rahul Gandhi on Sunday demanded that Defence Minister Nirmala Sitharaman place…
Defence Minister spoke for 2 hours, didn’t answer my 2 questions Rafale: Rahul
New Delhi, Jan 5: A day after Parliament witnessed a stormy discussion on the Rafale deal, Congress President…
Can’t comment on offset partners in Rafale deal on basis of media reports: Sitharaman
Her response came after Congress President Rahul Gandhi sought a clarification from the Defence Minister in the House as to why the Rs 30,000 crore worth of offset contract was given to Anil Ambani's Reliance Defence.
Rafale Debate: Sitharaman dismisses allegation of corruption in Deal
New Delhi, Jan 4: The Parliament on Friday witnessed a heated debate over the Rafale fighter jet deal. …
Defence Minister to celebrate Diwali with troops in Arunachal
Defence Minister Nirmala Sitharaman will celebrate Diwali with troops in forward areas of Dibang Valley in Arunanchal Pradesh,…
Offset venture with Reliance will deliver 10% of obligations: Dassault Aviation CEO
New Delhi, Oct 12 : Dassault Aviation CEO Eric Trappier has said that the companys joint venture with…
PM is corrupt, must go: Rahul on further Rafale revelations
New Delhi, Oct 11 : Congress President Rahul Gandhi on Thursday called Prime Minister Narendra Modi “corrupt” following…
Modi is the Prime Minister of Anil Ambani ” says Rahul Gandhi
New Delhi, Oct 11 : Congress President Rahul Gandhi on Thursday called Prime Minister Narendra Modi corrupt following…
Sitharaman leaves for France, to visit Dassault plant
Meanwhile, Congress President Rahul Gandhi, whose party has been levelling allegations of crony capitalism and compromising national interest in the Rs 59,000-crore Rafale deal against Narendra Modi government, raised questions over the timing and purpose of Sitharaman's visit.
To cover Modi’s dilemma BJP claims international conspiracy in questioning Rafale deal, says Kapil Sibal
New Delhi, Sep 25 : Senior Congress leader Kapil Sibal said Prime Minister Narendra Modi is in a…
Phase-II of Coastal Surveillance Network to be completed on time: Sitharaman
New Delhi, Sep 24 : The second phase of the Coastal Surveillance Network (CSN) – that was conceived…
Defence Minister should resign for “misleading” on Rafale deal: Congress
New Delhi, Sep 20: The Congress on Thursday sought Defence Minister Nirmala Sitharaman’s resignation accusing her of “misleading” the…
Rafale Minister Nirmala Sitharaman ‘Must Resign’, says Rahul Gandhi
New Delhi, Sep 20: Congress president Rahul Gandhi today launched a scathing attack on the Narendra Modi government over the…
Some JNU forces anti-India, waging war against it: Sitharaman
New Delhi, Sep 18 : Union Defence Minister Nirmala Sitharaman on Tuesday alleged that some forces in the…
Defence Minister damaged HAL’s reputation: Congress
New Delhi, Sep 18: In a veiled attack, the Congress on Tuesday said Defence Minister Nirmala Sitharaman has…
Congress will dig deep into Rafale deal to expose Modi govt : Sibal
Udaipur : Congress leader and former union minister Kapil Sibal said Prime Minister Narendra Modi should change his…
Buying Rafale jets at higher price is not national interest: Kapil Sibal
Indore, MP, Sept 2 : Placing the Centre in the cross-hairs over the contentious Rafale fighter jet deal,…
Kumaraswamy regrets tiff over Nirmala visit to Kodagu
Bengaluru, Aug 26 (IANS) Terming the controversy over Defence Minister Nirmala Sitharaman’s visit to Karnataka’s flood-hit Kodagu district…
Jaitley attacks Yashwant Sinha, Shourie on Rafale deal ‘falsehood’
New Delhi, Aug 8 (IANS) Union Minister Arun Jaitley on Wednesday dubbed as “falsehood” and “fabricated facts” former…
Rafale charges by Shourie, Sinha fabricated, says Sitharaman
New Delhi, Aug 8 (IANS) Defence Minister Nirmala Sitharaman on Wednesday night dismissed as “fabricated” the allegations by…
PM should make statement in Parl on Dokalam: Congress
The Congress today demanded that Prime Minister Narendra Modi make a statement in Parliament on the Chinese presence…
Rahul Gandhi attacks Modi, says Tax payers will pay Rs 1 lakh Crore to ‘Mr 56’s friend’ for Rafale deal
New Delhi, July 29 : Slamming Prime Minister, Congress President Rahul Gandhi reached out to people of India…
Sitharaman lied on Rafale deal, PM compromised national interest: Congress
New Delhi, July 27 (IANS) Taking a sharp dig at the Narendra Modi government, the Congress party on…
Rafale deal shows ‘Culture of Crony Capitalism’ of Modi Government, says Surjewala
New Delhi, July 27 : Congress on Friday alleged that shocking details in Rafale deal scam has revealed…
19th Kargil Vijay Diwas: PM Modi hailed Vajpayee’s leadership
New Delhi, July 26 : On the 19th anniversary of Kargil Vijay Diwas, which is celebrated on July…
Monsoon Session: Fugitive Economic Offenders Bill 2018 passed in RS
New Delhi, July 25: The Rajya Sabha on Wednesday passed the Fugitive Economic Offenders Bill 2018. According to…
Congress moves privilege motion against PM and Defence Minister
The Congress and the Bharatiya Janata Party (BJP) on Monday engaged in a war of words over the price details of the Rafale fighter jet deal, with both parties accusing each other of misleading Parliament.
Parliament live:Black money in Swiss bank down 80% under Modi govt, says Piyush Goyal
New Delhi, July 24 :Parliament Monsoon Session 2018 LIVE updates:Piyush Goyal in Rajya Sabha:News reports quoting Swiss Bank’s…
Govt misleading nation on Rafale deal: Congress
New Delhi, Jul 23 : In a fresh offensive, the Congress today accused Prime Minister Narendra Modi and…
Government constitutionally bound to reveal defence contracts: Congress attacks Modi on Rafale deal secrecy
New Delhi, July 23 : Congress leader and former Defence Minister A.K. Anthony pin-pointedly attacked Narendra Modi government…
India-US 2+2 first strategic dialogue on September 6 in Delhi
Washington, July 20: The maiden ‘two-plus-two strategic dialogue’ between India and the US is scheduled to be held on…
Chidambaram taunts Nirmala, ask her to share ‘secret’ info with Home Minister
New Delhi, July 14 :In a sarcastic tweet,former Union Minister P Chidambaram advised BJP leader Nirmala Sitharaman to…
India, US 2+2 dialogue to be held in September : Sitharaman
New Delhi, July 13: Defence Minister Nirmala Sitharaman on Friday said that the twice-deferred two-plus-two dialogue between the…
Yashwant Sinha attacks Modi government for Postponement of 2+2 dialogue
New Delhi, July 6 : In a satirical tweet, former union minister Yashwant Sinha on Friday launched an…
Did UK’s defence minister snub Nirmala Sitharaman?
New Delhi, July 2: Defence minister Nirmala Sitharaman has trashed media report suggesting Britain’s defence minister Gavin Williamson…
After 2+2 postponed, India declines US offer to host Sitharaman
New Delhi, June 30: After the United States postponed the inaugural ‘2+2’ dialogue due to “unavoidable reasons”, India…
Amid Haley’s visit, US-India 2+2 Dialogue postponed
The news came even as US Permanent Representative to the UN Nikki Haley met Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj here.
Committed to Ramadan ceasefire, border truce with Pakistan: Defence Minister
New Delhi, June 5: Security forces in Jammu and Kashmir will honour the Ramadan ceasefire and the border…
Rahul attacks Sitharaman over Rafale deal prices
New Delhi, March 16: Congress President Rahul Gandhi on Friday accused Defence Minister Nirmala Sitharaman of allegedly lying…
Defence sector gets only Rs 1.17 crore FDI in 4 years, defence minister still hopeful
India in time phrase of last 4 years has attracted FDI of just Rs. 1.17 crore in the…
Pakistan will have to pay for Jammu ‘misadventure’, warns India
The operation was called off on Monday morning after the three attackers were killed. A fourth one, she said, may have been a guide and didn't enter the military base.
Modi Govt. compromising with national security, interest: Congress on Rafael deal
Congress party on Tuesday raised the issue of Rafael purchase claiming that there were many irregularities in the deal. …
Rahul Gandhi alleges Corruption in Rafale Deal, Questions Modi govt for not disclosing details
New Delhi, Feb 6: A day after Defence Minister Nirmala Sitharaman refused to disclose the cost per unit of the…
Defence Minister Nirmala Sitharaman flies Sukhoi 30 MKI
New Delhi, Jan 17: Defence Minister Nirmala Sitharaman on Wednesday took off Sukhoi-30 MKI from the air base…
BJP still muddled in Himachal CM’s name, Supporters Raise Slogans for Dhumal
BJP observers Nirmala Sitharaman, Narendra Singh Tomar and party in-charge for Himachal Mangal Pandey on Friday(22nd December) held…
Dhumal loses Sujanpur constituency, BJP sends top leaders to decide on next CM
As BJP’s chief ministerial candidate for Himachal Pradesh, Prem Kumar Dhumal loses Sujanpur constituency, the question on everyone’s…
Vijay Diwas: Nirmala Sitharaman, General Bipin Rawat pay tributes to soldiers
New Delhi, Dec 16: On the occasion of Vijay Diwas, Defence Minister Nirmala Sitharaman, Army Chief General Bipin…
Nirmala Sitharaman thanks SRK for lending support to Armed Forces
Mumbai, Dec 15: Bollywood star Shah Rukh Khan received an appreciation note from the Defence Ministry of India for…
Defence Minister looking into education fund cap issue: Army chief
New Delhi, Dec 6: Army chief General Bipin Rawat on Wednesday said Defence Minister Nirmala Sitharaman has promised to…
China angry over Sitharaman’s visit to Arunachal
Beijing, Nov 6: China on Monday reacted angrily to Indian Defence Minister Nirmala Sitharaman’s visit to Arunachal Pradesh, saying…
Cong attacks BJP over allegations against NSA Ajit Doval’s son
NSA's son and BJP national general secretary Ram Madhav, the India foundation lists among its directors Nirmala Sitharaman and Suresh Prabhu, and two ministers of state Jayant Sinha and M J Akbar.
Sibal demands PM dismiss senior ministers for allegedly holding office-of-profit
New Delhi, Nov 4 : The Congress on Saturday sought to know from Prime Minister Narendra Modi when he…
Sitharaman should take ‘inspiration’ from Indira: Congress
Panaji, Oct 31: Union Defence Minister Nirmala Sitharaman should take “inspiration” from late Prime Minister Indira Gandhi while dealing…
Indian Army to build Elphinstone bridge, Opposition asks why?
Railway Minister Piyush Goyal, Defence Minister Nirmala Sitharaman and Maharashtra CM Devendra Fadnavis on Tuesday visited the site…
Sitharaman to visit Andaman on Diwali
New Delhi, Oct 17: Defence Minister Nirmala Sitharaman will spend Diwali with soldiers in Andaman and Nicobar Islands, an…
Sitharaman’s ‘Namastey’ sends warm signal: Chinese daily
Beijing, Oct 10, 2017: China welcomes Indian Defence Minister Nirmala Sitharaman’s greeting to Chinese soldiers on the border…
Nirmala Sitharaman visits forward locations of Leh, Ladakh & Siachen
Srinagar, Sep 30: Defence Minister Nirmala Sitharaman on Saturday visited the Siachen Glacier, the world’s highest and coldest battlefield,…
Defence Minister reaches J&K for two-day visit, to visit Siachen
Srinagar, Sep 29, 2017: Defence Minister Nirmala Sitharaman arrived here on Friday on a two-day visit to Jammu and…
PM Modi to hold first Cabinet meeting after reshuffle today
New Delhi, Sep 12, 2017: Prime Minister Narendra Modi on Tuesday is all set to hold the first…
Over 100 Army officers move SC claiming discrimination in promotion
New Delhi, Sep 11, 2017: Within days after taking charge as the Defence Minister of India, Nirmala Sitharaman…
All-women global naval circumnavigation is a historic occasion, says Sitharaman
Panaji, Sep 10: The global circumnavigation by an all-women Indian Navy crew is a historic occasion for India, the…
Sitharaman takes charge as Defence Minister
New Delhi, Sep 7: Nirmala Sitharaman on Thursday took charge as India’s first full-fledged woman Defence Minister. Sitharaman was…
India Inc lauds union cabinet reshuffle
New Delhi, Sep 3: Indian industry on Sunday lauded the latest cabinet reshuffle by Prime Minister Narendra Modi describing…
Jaitley visiting Japan as Defence Minister, Sitharaman to take charge later
New Delhi, Sep 3: Notwithstanding the appointment of Nirmala Sitharaman as the new Defence Minister, Finance Minister Arun Jaitley,…
Will look at combat role for women with open mind: Sitharaman
New Delhi, Sep 3: Set to take charge as India’s first, full-fledged woman Defence Minister, Nirmala Sitharaman on Sunday…
Cabinet reshuffle done with eye to 2019 Lok Sabha polls
By Prashant Sood New Delhi, Sep 3: The Union Cabinet’s reshuffle and expansion on Sunday saw elevation of those…