Page 46 - Finance Minister

On cryptocurrencies India is choosing to incrementally confuse

If the government decides to ban cryptocurrencies, it is going to have to fight an uphill battle as banning them will lead to a profusion of illegal ways in which people access them.

Maintain constant vigil on financial sector: FM Sitharaman to regulators

The Financial Stability and Development Council (FSDC) meeting attended by various financial sector regulators comes against the backdrop of rising tension between Russia and the US over Ukraine

Banks will have to be a lot more friendly while serving customers, says FM

Responding to a query on hassle-free loans to startups, she said performance in servicing loans under MUDRA and SVANIDHI has been very good

Did not expect this from Manmohan Singh, says FM Nirmala Sitharaman

Nirmala Sitharaman said Singh is remembered for having brought India to "fragile five" and rampant inflation during his term

NARCL to help reduce banking stress, kick-start credit cycle: RBI article

The cross-country evidence suggests that if the logistical and financial challenges are carefully navigated, experiments of centralised bad bank can have more hits than misses: RBI article

Loans to ABG Shipyard turned NPAs prior to 2014, says FM Sitharaman

Normally banks take 52-56 months of time to detect such cases and initiate follow-up actions, said Finance Minister Nirmala Sitharaman

Discussions on with RBI over digital currency: Finance Minister Sitharaman

Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year

FM Nirmala Sitharaman condoles death of noted industrialist Rahul Bajaj

Under his stewardship, flagship firm Bajaj Auto saw its turnover growing to Rs 12,000 crore from just Rs 7.2 crore with the firm's scooters becoming the mainstay

Budget brings stability, inflation less than that during 2008 crisis: FM

There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31

Internet connectivity in rural India growing at fast pace: Sitharaman

Rural internet user base is growing three times faster and is likely to surpass the urban user numbers soon, said Finance Minister Nirmala Sitharaman in the Rajya Sabha

You started privatisation in 1991: Sitharaman to Cong in Rajya Sabha

Congress initiated the privatisation process in 1991 and disinvestment of worth over Rs one lakh crore was made in 1991 and the following years, she said

'What is this poverty?': FM mocks Rahul's 2013 'state of mind' remark

Replying to the discussion on Budget 2022-23 in the Rajya Sabha, she said her Budget brings stability to the economy and has measures to create jobs

Taxing income doesn't give cryptos legitimacy: FM Sitharaman

'I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input,' says FM in Parliament

Finance Minister Nirmala Sitharaman to address RBI board on Feb 14

It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the budget

FM Sitharaman urges India Inc to open up their purse to push growth

Referring to the government's decision to cut corporate tax rate, she said, the government has also opened up many sectors including atomic energy and space

Union Budget: NHAI to keep off bond market in 2022-23

Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget

Union Budget 2022: Kudos to Finance Minister Nirmala Sitharaman

This time around, I must go on record praising her for the way in which she has framed the Union Budget for 2022-23

FM Nirmala Sitharaman invokes Mahabharata; Mallikarjun Kharge hits back

Invoking a verse from the epic Mahabharata, Nirmala Sitharaman announced steps to further simplify the tax system and promote voluntary compliance.

Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes

The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty

Budget 2022: Full text of the memorandum of the Finance Bill tabled in LS

Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman