Page 149 - Latest Updates on Nirmala Sitharaman
India in last stage of finalising details on global minimum tax: FM
Finance Minister Nirmala Sitharaman on Wednesday said India is "very close" to arriving at the specifics of the two-pillar taxation proposition at the G20 and is in last stage of finalising details
 "India in last stage of finalising details on global minimum tax: FM")
Sa-Dhan seeks Rs 7,500 cr more for credit guarantee scheme for MFIs
Sa-Dhan has issued a press release basis the letter written to the Finance Minister
 "Sa-Dhan seeks Rs 7,500 cr more for credit guarantee scheme for MFIs")
Fuel prices linked to global rates; Centre, states have to handle: FM
Petrol and diesel prices on Tuesday surged to all-time high levels as rates were increased again after international oil prices hit the highest mark since 2014
 "Fuel prices linked to global rates; Centre, states have to handle: FM")
Well-managed companies attract equity investors: Nirmala Sitharaman
Sitharaman said advise given by company secretaries to businesses is going to make a lot of difference as only "well-managed" companies following good governance practices are attracting investors
 "Well-managed companies attract equity investors: Nirmala Sitharaman")
Amit Shah-led ministerial panel to soon approve Air India sale
Clarification comes amid reports that Tata Sons may have won the bid
 "Amit Shah-led ministerial panel to soon approve Air India sale")
Stock market rally shows in some ministers' portfolios: How they fared
The net worth of Home Affairs and Cooperative Minister Amit Shah grew 32 per cent to Rs 37.91 crore
 "Stock market rally shows in some ministers' portfolios: How they fared")
The big bank idea
India needs more efficient financial entities
Data privacy, safeguarding client details important: FM Sitharaman
Sitharaman added that safeguard of client data is the backbone to bringing trust
India's fintech adoption rate at 87% as compared to 64% globally: FM
"I think India is the prime destination for digital activities, digital payments," FM Sitharaman said
New govt SPV likely to get powers to acquire and develop PSU land
The entity will be able to rent, lease and develop assets to monetise them for a fee, an official said
 "New govt SPV likely to get powers to acquire and develop PSU land")
India needs four-five SBI-size banks, says FM Nirmala Sitharaman
The finance minister also noted that some of the economically active regions of the country still lacked banking facilities
Many districts lack bank branches despite high economic activity: FM
Union Finance Minister Nirmala Sitharaman said despite the huge thrust on financial inclusion and high economic activity, there are districts in the country not having any banking presence at all.
 "Many districts lack bank branches despite high economic activity: FM")
India needs 4-5 more SBI sized big banks, says FM Sitharaman
There is an urgent need to scale up banking to meet the growing needs of the industry, she said
 "India needs 4-5 more SBI sized big banks, says FM Sitharaman")
'Economy shifting to different plane', India needs big banks: Sitharaman
The National Asset Reconstruction Company, cleared by the cabinet 10 days ago, should not a be called "bad bank", Finance Minister tells banks association.
Confidence growing in stock market, says FM Nirmala Sitharaman
FM said the market has its own understanding of what it deals with the companies
 "Confidence growing in stock market, says FM Nirmala Sitharaman")
Indian economy on sustained path of revival: Finance Minister Sitharaman
She said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.
Made additional efforts to clear Punjab's GST dues: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Friday said she made additional efforts to clear Punjab's pending GST dues of more than Rs 1,400 crore, which should be recognised
Infosys says new I-T portal clocked 30 mn logins, 15 mn ITRs filed so far
Infosys says it acknowledges the difficulties some users continue to experience and says it is working 'expeditiously'
 "Infosys says new I-T portal clocked 30 mn logins, 15 mn ITRs filed so far")
Recovery in demand, consumption stocks likely to be short-lived: Analysts
Measures announced by the FM on Monday, according to A K Prabhakar, head of research at IDBI Capital, though will give some fillip to consumption, demand will be limited into buying only essentials
 "Recovery in demand, consumption stocks likely to be short-lived: Analysts")
GST Council extends concessions on certain Covid drugs till Dec 31: FM
The all-powerful GST Council on Friday extended concessional tax rates on certain Covid-19 drugs by three months till December 31