Page 114 - Latest Updates on Nirmala Sitharaman
Many countries interested in bilateral rupee trade: FM Sitharaman
The RBI had said that for settlement of trade transactions, banks concerned will require special rupee vostro accounts of correspondent banks of the partner trading country
 "Many countries interested in bilateral rupee trade: FM Sitharaman")
Many nations showing interest in rupee trade with India, says FM Sitharaman
Speaking at the Mindmine Summit 2022 here, Sitharaman said that positive response has come from many nations across the world, which have said that it is possible to have rupee trade with India
Inflation not a 'red-letter priority' for FM: Chidambaram slams Sitharaman
Taking to Twitter, the veteran Congress leader said: "Only a few days ago, the Honourable FM said that inflation was not a "red-lettered priority" for her"
 "Inflation not a 'red-letter priority' for FM: Chidambaram slams Sitharaman")
The case for greater centre-state coordination to meet long-term goals
Many public policy experts and policymakers have stated that more mechanisms are needed for regular centre-state coordination and interaction on various issues
Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows
FinMin blames adverse base effect, increase in food and fuel prices
 "Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows")
PM to launch national logistics policy on Sat for seamless flow of goods
The policy is being brought in tandem with Prime Minister's ambitious GatiShakti national master plan
 "PM to launch national logistics policy on Sat for seamless flow of goods")
SFIO arrests 'mastermind' behind web of Chinese shell companies
The September 10 arrest comes after Finance Minister Nirmala Sitharaman directed the MCA to identify shell companies that can be used to siphon off funds
 "SFIO arrests 'mastermind' behind web of Chinese shell companies")
India has 100 unicorns with a value at $250 billion, says FM Sitharaman
India was home for over one hundred unicorns with a total value of USD 250 billion which have managed to raise over USD 63 billion in the last few years, Nirmala Sitharaman said
 "India has 100 unicorns with a value at $250 billion, says FM Sitharaman")
Institutions need to produce more students to meet development goals: FM
Sitharaman said India needs to understand what the industry requires and educational institutions need to produce students capable of getting into industry to serve the country's development goals
Crackdown on illegal loan apps: RBI to make 'whitelist' of legal platforms
MeitY will ensure only authorised apps are hosted on app stores; all ministries to take possible action
 "Crackdown on illegal loan apps: RBI to make 'whitelist' of legal platforms")
Managing inflation can't just be left to RBI: FM Nirmala Sitharaman
'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'
Finance Ministry to kick-start budgetary exercise from October 10
During the election year, the government presents Vote on Account for the limited period. Usually the budget is cleared till July
 "Finance Ministry to kick-start budgetary exercise from October 10")
Import of Russian oil at discounted price part of inflation management: FM
Finance Minister Nirmala Sitharaman on Thursday said India has ramped up the import of crude oil from Russia at discounted prices amid sanctions on Moscow as part of the country's inflation management
 "Import of Russian oil at discounted price part of inflation management: FM")
Top headlines: Vehicle sales up 8% in Aug; Fitch affirms rating for 4 NBFCs
Two-wheeler sales were up 8.5 per cent and three-wheeler by 8.3 per cent in August. Passenger and commercial vehicle sales increased 6.5 per cent and 24 per cent
 "Top headlines: Vehicle sales up 8% in Aug; Fitch affirms rating for 4 NBFCs")
Importing Russian oil part of India's inflation management: FM Sitharaman
Nirmala Sitharaman made the statement at an event in New Delhi
RBI should be more synchronised with fiscal policy to tackle inflation: FM
Finance Minister Nirmala Sitharaman on Thursday said the Reserve Bank will have to be more synchronised with the fiscal policy and other factors in taming inflation
FM Sitharaman stresses on timely completion of IMF 16th quota review
A general review allows the IMF to assess the adequacy of quotas in relation to both the members' balance of payments in financing needs and the Fund's ability to help meet those needs
IMF chief says India 'a bright spot' in an uncertain global economy
Both the leaders shared concerns on key downside risks to the global economy and the cross-border effects due to the geopolitical situation and tighter financial conditions
 "IMF chief says India 'a bright spot' in an uncertain global economy")
Job creation, wealth distribution priority over inflation: FM Sitharaman
The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades
Top headlines:Adani to build 3 giga factories; FM says inflation manageable
Business Standard brings to you top headlines for the evening
 "Top headlines:Adani to build 3 giga factories; FM says inflation manageable")