Page 73 - Latest Updates on Nirmala Sitharaman
Direct listing of stocks at GIFT City soon, says FM Nirmala Sitharaman
Sitharaman said that IFSC should become the platform for the trade of carbon credit
 "Direct listing of stocks at GIFT City soon, says FM Nirmala Sitharaman")
IFSC needs to ready platform where green credits can be traded: Sitharaman
Last year the government had decided to allow listed and unlisted companies to directly list themselves on the IFSC (International Financial Services Centre) exchanges at GIFT City
 "IFSC needs to ready platform where green credits can be traded: Sitharaman")
India growing rapidly, to be $30 trn economy by 2047: FM Sitharaman
Relationship between states and centre is of collaborative federalism, she says at Vibrant Gujarat Summit
 "India growing rapidly, to be $30 trn economy by 2047: FM Sitharaman")
Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist
They hope for provisions to ease financial burden on fintechs and tax-saving benefits to startups
 "Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist")
Sikkim achieved extensive financial inclusion covering remote villages: FM
The minister said there are 32 bank branches and 36 ATMs in Sikkim per one lakh population in comparison to the national average of 14
Jindal Stainless seeks zero customs duty on ferro nickel, ferro molybdenum
Jindal Stainless on Friday said it has sought continuation of zero customs duty on stainless steel scrap, steel scrap and pure nickel.
 "Jindal Stainless seeks zero customs duty on ferro nickel, ferro molybdenum")
Centre not hostile to TN on funds flow, even made advance payment: FM
'It is a wrong assumption that this Rs 6.23 lakh crore is paid only by the people of Tamil Nadu. Among them were Hindi-speaking tax assessees,' the Finance Minister said
 "Centre not hostile to TN on funds flow, even made advance payment: FM")
Centre expected to maintain fiscal discipline in Interim Budget 2024
Interim budget likely to prioritise fiscal consolidation over populist spending, anticipating fiscal deficit at 4.5% of GDP by FY26
 "Centre expected to maintain fiscal discipline in Interim Budget 2024")
Real estate players seek a host of benefits from the upcoming Budget
In 2023, the Indian real estate sector - both housing and commercial - witnessed a strong momentum fueled by demand, supply, and absorption
 "Real estate players seek a host of benefits from the upcoming Budget")
India launches a single-window portal for medical devices management
The Drugs Controller General of India said that the National Single Window System (NSWS) has been established as a 'genuine single-window system which acts as a one-stop shop for all approvals'
 "India launches a single-window portal for medical devices management")
NARCL, PSBs should work to expedite on-boarding of stressed accounts: FM
The Finance Minister, during the review meeting, also asked the banks to put more effort into recovery from accounts declared as fraud and wilful default while also monitoring early warning signals
 "NARCL, PSBs should work to expedite on-boarding of stressed accounts: FM")
Sitharaman meets heads of public sector banks, reviews performance
Issues related to fraud and wilful defaulters and progress on the National Asset Reconstruction Company Ltd (NARCL) also came up for discussion
 "Sitharaman meets heads of public sector banks, reviews performance")
Fiscal deficit for Apr-Nov narrows to 50.7% at Rs 9.07 trillion: Govt
Earlier this month, finance minister for state Bhagwat Karad said that the Centre was confident of meeting the fiscal deficit target of 5.9% in FY24
 "Fiscal deficit for Apr-Nov narrows to 50.7% at Rs 9.07 trillion: Govt")
RBI, Mumbai banks receive bomb threat demanding resignation of FM
The e-mail was sent from the id khilafat.india@gmail.com on the RBI governor's email id at around 10:50 am threatening bomb blasts at the RBI new Central Office building and a few other spots
 "RBI, Mumbai banks receive bomb threat demanding resignation of FM")
FinMin to meet heads of PSBs on Sat; review implementation of govt schemes
The meeting is going to take stock of the progress made by banks in achieving targets set for the various government schemes, including Pradhan Mantri Jan Dhan Yojana (PMJDY), Kisan Credit Card (KCC)
LIVE news: BJP national secretary Anupam Hazra removed from his post
Catch all the latest news updates LIVE from across the world
 "LIVE news: BJP national secretary Anupam Hazra removed from his post")
The capital gains tax conundrum
Capital gains tax suffers from varied tax rates or holding periods for different types of instruments even though they fall within the same asset class
 "The capital gains tax conundrum")
Lives were saved during cyclones due to world-class equipment: RMC Chennai
Tamil Nadu CM M K Stalin had claimed that the India Meteorological Dept failed to predict the accurate amount of rainfall in its forecast for the southern districts which faced 'historic' rainfall
 "Lives were saved during cyclones due to world-class equipment: RMC Chennai")
31 people lost their lives in rain related incidents in TN: FM Sitharaman
As many as 31 people have lost their lives in the four districts in Tamil Nadu due to heavy rainfall, Union Finance Minister Nirmala Sitharaman said on Friday
CPSEs make 34.63% procurement from MSMEs in FY24 against mandated 25%: FM
FM on Thursday said Central Public Sector Enterprises (CPSEs) have made 34.63 per cent of their total procurement from MSMEs in 2023-24 (till November) as against the mandated 25 per cent
 "CPSEs make 34.63% procurement from MSMEs in FY24 against mandated 25%: FM")