Page 252 - Latest Updates on Nirmala Sitharaman
FM's announcements show govt is now willing to listen and course-correct
Entrepreneurship thrives only when there are opportunities, an environment without fear (as long as you are operating within the boundaries of law), and availability of finance
 "FM's announcements show govt is now willing to listen and course-correct")
FM's fiscal stimulus can boost consumption ahead of festive season
The FM also promised to accelerate the processes for GST refunds
 "FM's fiscal stimulus can boost consumption ahead of festive season")
Market players see short-term bounce after FM Sitharaman's measures
Stocks of firms in the automobile, banking, and real estate sectors, and those of non-banking financial companies (NBFCs) are likely to remain under focus
 "Market players see short-term bounce after FM Sitharaman's measures")
Stimulus package is a well-designed boost for economy: Chandrajit Banerjee
This is indeed a comprehensive package which shows that the finance ministry has been keeping its ears close to the ground
 "Stimulus package is a well-designed boost for economy: Chandrajit Banerjee")
Realtors seek cheaper loans and uniform GST norms to revive sector
Developers are hoping this week's announcement will bring some relief
 "Realtors seek cheaper loans and uniform GST norms to revive sector")
AIFs may accelerate switch to LLPs, sans respite on FPI surcharge
Such funds often have exposure to derivatives and follow strategies that can seek to make money when markets are going up, as well as by betting on a fall when they sense weakness in the market
 "AIFs may accelerate switch to LLPs, sans respite on FPI surcharge")
Sitharaman's relief package likely to boost festive cheer for durable firms
Together, the festive period, which stretches from September to December, when Christmas and New Year arrive, gives durable companies around 30 per cent of their annual sales
 "Sitharaman's relief package likely to boost festive cheer for durable firms")
Stimulus package: FM Nirmala Sitharaman tries to make some repair
The FM seemed chastened by widespread criticism of economic and tax policies. And, conveyed a willingness to listen to the stakeholders and make course correction
 "Stimulus package: FM Nirmala Sitharaman tries to make some repair")
A first step to revival
Measures by FM welcome, but more would be needed
 "A first step to revival")
FPI surcharge removal, stimulus measures likely to boost markets: Experts
Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget
 "FPI surcharge removal, stimulus measures likely to boost markets: Experts")
Sitharaman's sops likely to spur motor insurance companies' growth
The enhanced depreciation is expected to motivate vehicle makers
 "Sitharaman's sops likely to spur motor insurance companies' growth")
Automakers welcome govt sops but are divided on festival season impact
Most agree, though, on the long-term benefits that the measures will bring in
 "Automakers welcome govt sops but are divided on festival season impact")
US industry hails India's mini-Budget, sees investment atmosphere improving
GoI has announced rollback of enhanced super-rich tax on foreign & domestic equity investors, exemption of start-ups from angel tax, package for auto sector, and upfront Rs 70,000-cr infusion in PSBs
 "US industry hails India's mini-Budget, sees investment atmosphere improving")
Mini Budget: FPI surcharge rolled back; no angel tax for start-ups
PSBs get Rs 70,000 crore; home, auto loans to become cheaper
 "Mini Budget: FPI surcharge rolled back; no angel tax for start-ups")
Confident of hitting tax-collection target, says FM Nirmala Sitharaman
Sitharaman, however, was confident that the target would be achieved without any harassment to taxpayers
 "Confident of hitting tax-collection target, says FM Nirmala Sitharaman")
RBI to soon take steps to boost bond trading: FM Nirmala Sitharaman
In order to improve access to long-term finance, the government would be setting up an organisation to provide credit enhancement for infrastructure and housing projects
 "RBI to soon take steps to boost bond trading: FM Nirmala Sitharaman")
Govt sets up task force to streamline infra projects worth Rs 100 trillion
The FM also said an organisation would be set up to provide credit enhancement for infrastructure and housing projects, increasing the flow of funds to these
Sitharaman's sops for NBFCs may perk up lending, ease liquidity stress
The government has provided additional support of Rs 20,000 crore to the stressed housing finance companies from National Housing Bank (NHB)
 "Sitharaman's sops for NBFCs may perk up lending, ease liquidity stress")
MSMEs to get pending GST refunds within 30 days: Nirmala Sitharaman
Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up
Competition Commission must study foreign firms' conduct, says Sitharaman
The CCI is already studying the new economy segment to understand how some companies abuse dominant positions
 "Competition Commission must study foreign firms' conduct, says Sitharaman")