Page 45 - Finance Minister

What RBI's letter to govt on missing inflation target is likely to contain

Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward

IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary

Siva Shelters offers to pay 20% of settlement amount immediately on signing of agreement

Top headlines: 'Capex route to economic revival', gold import duty hike

The top gainers were groups with a big play in industrial metals such as steel and non-ferrous metals

Shriram Group well on course for merger of two firms via tech integration

Group chief digital officer says the conglomerate is working on one of the country's largest super apps by bringing the products of all associate concerns under one umbrella

'GST on horse-trading': Cong's jibe over Sitharaman's slip of tongue

The Congress on Thursday latched on to a slip of tongue by Finance Minister Nirmala Sitharaman when she uttered "horse-trading" to take a swipe at the BJP, saying buying MLAs has become common

Andhra, Gujarat 'top achievers' in govt survey on reforms for business

The latest fifth edition of the Business Reforms Action Plan (BRAP), 2020, by the industry department did not rank states on the ease of doing business measures undertaken by them

Assessing & delivering bad news on economy no longer taboo in FinMin

Change in mindset has been brought on by Chief Economic Advisor V Anantha Nageswaran who has ensured that discussions on the economy are now much more data-driven and without bluster

GST council meeting takes no decision on extending compensation to states

New rates for some items, removal of exemptions with effect from July 18

GST Council tilts towards rate hikes, drops exemptions for many items

Okays removing the exemption on mass consumption items

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