Page 127 - Latest Updates on Nirmala Sitharaman
IMF praises India's resilient economy, highlights structural reforms taken
The IMF MD Kristalina Georgieva lauded India's well-targeted policy mix that has helped the Indian economy remain resilient in her meeting with Finance Minister Nirmala Sitharaman in Washington DC
 "IMF praises India's resilient economy, highlights structural reforms taken")
IMF chief hails India's help to Sri Lanka in dealing with economic crises
Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman
 "IMF chief hails India's help to Sri Lanka in dealing with economic crises")
Major risks of crypto - money laundering and terror financing: Sitharaman
The Union Minister reached Washington today on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting and the Central Bank Governor Meeting (FMCBG)
 "Major risks of crypto - money laundering and terror financing: Sitharaman")
FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting
Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April
 "FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting")
FM Nirmala Sitharaman leaves for US to attend World Bank, IMF meetings
During the official visit to the US, Sitharaman will take part in bilateral meetings with several countries, including Indonesia, South Korea, Sri Lanka and South Africa
 "FM Nirmala Sitharaman leaves for US to attend World Bank, IMF meetings")
Pvt sector capex cycle to see revival during 2nd half of current FY: CEA
The investment from private sector has been muted for past many years despite several measures, including corporate tax cut, taken by the government to reinvigorate it
 "Pvt sector capex cycle to see revival during 2nd half of current FY: CEA")
Govt says exceeded FY22 asset monetisation target; Rs 96,000 crore realised
Targets for depts that lagged to be rolled over
 "Govt says exceeded FY22 asset monetisation target; Rs 96,000 crore realised")
FM Nirmala Sitharaman stresses on timely completion of IMF quota review
The meeting took place ahead of the upcoming Spring Meetings of IMF in Washington DC
FM to meet PSBs' heads on Apr 23 to nudge them for credit expansion
This is the first full review meeting after presentation of Budget 2022-23.
Irdai may go for 100% FDI in 'new' insurance biz to expand scope of sector
In Budget FY21, Finance Minister Nirmala Sitharaman had announced raising the cap of FDI to 74 per cent for insurance companies with effect from August 2021
 "Irdai may go for 100% FDI in 'new' insurance biz to expand scope of sector")
LIC IPO: Government advisors seek large investors' views on valuation
Merchant bankers have been asked to submit views of investors on LIC's valuation by as early as Monday, said an official
 "LIC IPO: Government advisors seek large investors' views on valuation")
NARCL: Procedural delays led to non-transfer of Rs 50k-cr NPAs by Mar 31
Non-performing assets worth Rs 50,000 crore could not be transferred to the National Asset Reconstruction Company Ltd by March 31 due to "procedural delays", a senior bank official said on Wednesday
 "NARCL: Procedural delays led to non-transfer of Rs 50k-cr NPAs by Mar 31")
Voice votes taken 200 times during passage of CA Bill in Rajya Sabha
According to RS Secretariat officials, it was after a long time that a bill with so many clauses and amendments was passed with voting taking substantial time
 "Voice votes taken 200 times during passage of CA Bill in Rajya Sabha")
India continues to remain highest receiver of FDI: FM Nirmala Sitharaman
India continues to remain the highest receiver of the FDI, finance minister Nirmala Sitaraman told Lok Sabha on Monday while replying to a question by Congress member Shashi Tharoor
 "India continues to remain highest receiver of FDI: FM Nirmala Sitharaman")
GST Council did not recommend reducing GST on health insurance: FM
At present, GST on health insurance services is levied at a standard rate of 18 per cent
India continues to remain highest receiver of FDI: FM in Lok Sabha
"We in the House should should stand up and appreciate the Indian retailer who has invested a lot of confidence in the markets today in India," the FM said
Stalin seeks release of Rs 20,860 crore Central dues to Tamil Nadu
The amount consists mainly of GST compensation (about Rs 13,500 crore), and dues on account of subsidy, Rashtriya Madhyamik Shiksha Abhiyan and Sarva Shiksha Abhiyan
 "Stalin seeks release of Rs 20,860 crore Central dues to Tamil Nadu")
Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22
Gross mop-up touches record Rs 15.83 trn; exceeds Budget and revised estimates
 "Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22")
Only 80.6% spent till February, govt likely to miss capex target
While monthly capex spending peaked to Rs 1.2 trillion in December, it has drastically fallen in subsequent months with expenditure of only Rs 43,495 crore in February
 "Only 80.6% spent till February, govt likely to miss capex target")
Putting energy security first, buying discounted Russian oil: FM Sitharaman
Sitharaman said that she was entering financial year 2022-23 (FY23) with "cautious optimism" at a time of global commodity price escalation due to the Russia-Ukraine war
 "Putting energy security first, buying discounted Russian oil: FM Sitharaman")