Page 44 - Finance Minister

Sensex, Nifty end flat after volatile session; metal, energy stocks shine

CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

FM to meet heads of PSBs on Monday; may urge them for credit growth

The Finance Minister is said to take stock of credit growth, asset quality, and business growth plan of banks

FM Nirmala Sitharaman set to review govt banks' financials on Monday

Loan recovery, bad loans over Rs 100 crore to be reviewed

Supreme Court ruling on GST emboldens states against PM Modi's govt

Finance ministers from the opposition-led Kerala, West Bengal and Chhattisgarh have said they will raise the issue at a meeting of the GST Council this month

Fintech has potential to transform India's financial landscape: MoS Finance

Industry looks at credit card penetration as a key growth driver in future

India Inc's earnings may take a hit in coming quarters as rates rise

Listed non-financial firms had saved nearly Rs 1 trn because of decline in interest rates in FY21, FY22

Sri Lanka's ex-finance minister Basil Rajapaksa set to step down: Report

Sri Lanka's former finance minister Basil Rajapaksa has decided to step down from his parliamentary seat, as the 21st Amendment to the Constitution is ready to be tabled at the Parliament

Centre likely to spend another $26 billion in FY23 to fight inflation

The government estimates another Rs 500 billion additional funds will be needed to subsidise fertilisers, from the current estimate of Rs 2.15 trillion, two officials said

Finance ministry didn't claim inflation hurts rich more than poor, says PIB

The claim and counterclaim over inflation come at a time when retail inflation rose to an eight-year high in April to 7.8 per cent

FM assures investors of addressing pain points to encourage investments

The Finance Minister said she was open to receive suggestions, understand pain points and offer necessary redressal wherever possible

Sitharaman discusses growth potential in MRO with Boeing Defense CEO

Finance Minister Nirmala Sitharaman on Friday met Boeing Defense CEO Ted Colbert and discussed opportunities for investments and growth in maintenance, repair, and operations (MRO) and aircraft leasing in India. The Finance Minister is visiting the US to attend IMF-WB Spring Meetings 2022. "Union Finance Minister Smt. @nsitharaman met Mr Ted Colbert, President & CEO @BoeingDefense, to discuss opportunities for investments and growth in #MRO and aircraft leasing," the finance ministry said in a tweet. Colbert mentioned that Boeing is expanding its India operations and is committed to the vision of Aatmanirbhar Bharat. He also expressed that due to the reforms undertaken by the government, India has the potential to become a global MRO hub. On the sidelines of IMF-WB Spring Meetings, she also met COP26 President Alok Sharma here. "Union Finance Minister Smt. @nsitharaman and Rt. Hon. @AlokSharma_RDG discussed #climate #action #goals and ongoing and potential interventions to ...

Sitharaman meets OECD Secretary General, discusses bilateral engagement

India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023

FM reaffirms India's commitment to fighting terror financing; lauds FATF

FM Nirmala Sitharaman has reaffirmed India's commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the financial system.

FM Sitharaman stresses need for conflict resolution to attain prosperity

Finance Minister Nirmala Sitharaman on Thursday said it was necessary to address the challenges of conflict and violence to achieve the twin role of ending extreme poverty and boosting shared prosperity. "Union Finance Minister Smt. @nsitharaman attended Ministerial Dinner for Development Committee members in Washington D.C., today," the Finance Ministry said in a tweet. "FM Smt.@nsitharaman called for addressing #Fragility #Conflict & #Violence #FCV challenges as necessary to achieve twin goals of ending extreme poverty & boosting shared prosperity, esp. when up to two-thirds of the world's extreme poor will live in #FCV countries by 2030," the ministry said in another tweet. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. She stressed that livelihood support, education, health, and women, youth and children should always be prioritised while engaging with fragile and conflict-affected situations in FCS countries. The Finance Minister's remarks came ..

G20 nations need to coordindate urgently for economic recovery: Sitharaman

Finance Minister Nirmala Sitharaman has said that there is an urgent need for coordinated action across countries to not only enable swift post-pandemic recovery but also to build resilience to future shocks as she attended the G20 Emerging Market Economies meeting here. Sitharaman shared her insights on the economic outlook, risks and near-term policy challenges for Emerging Market Economies (EMEs) such as food and energy security and tightening of global financial conditions, the Ministry of Finance said. The the G20 Emerging Market Economies meeting was organised by the IMF on the sidelines of the upcoming G20 Finance Ministers and Central Bank Governors meeting. The Finance Minister, discussing the future of work and debt vulnerabilities, said that there is an urgent need for coordinated action across countries to not only enable swift post-pandemic recovery but also to build resilience to future shocks. Union Finance Minister Smt. @nsitharaman & Shri @DasShaktikanta @RBI ...

Strong US-India relationship to strengthen global order: FM Sitharaman

Observing that the recent Indo Pacific Economic Framework (IPEF) is a fantastic thought which has come from the US, she said India is looking at it and will take a considered view

India headed for robust economic growth, says FM Sitharaman in US

Sitharaman is here to attend the annual spring meeting of the International Monetary Fund and the World Bank

GatiShakti, PLI scheme to offset global headwind, boost growth: FinMin

'Geopolitical conflicts and their consequent impact on food, fertiliser and crude oil pri­ces cast a cloud on the growth outlook globally'

Govt did not raise taxes to fund economic recovery, focused on capex: FM

Sitharaman said the Modi Government's belief in lowering taxes and reduction in corporate tax have started yielding results with corporate tax collection touching Rs 7.3 lakh crore so far this fiscal