Page 47 - Finance Minister

FM to meet heads of PSBs; nudge them for credit expansion to boost economy

The two-day meeting would commence on November 17 and undertake a comprehensive review of various segments

Sitharaman meets UK, Singapore, Canada FMs; discusses collaboration

Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada's Deputy Prime Minister & Finance Minister Chrystia Freeland on the sidelines of the G-20 Joint Finance and Health Ministers' meeting. "Finance Minister Smt. @nsitharaman had an engaging discussion with @cafreeland Dy. Prime Minister & Finance Minister of Canada on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome. The Ministers discussed various issues, including economic and health cooperation," a Finance Ministry tweet said. In another tweet, the ministry said: "Finance Minister @nsitharaman met @LawrenceWongST Finance Minister of Singapore on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome ahead of #G20RomeSummit. Noting strong #IndiaSingapore

Festival cheer and beyond: Admirable sangfroid in the face of negative news

The government's recent spate of programmes should be expected to generate some momentum, but the macro-economic numbers are not encouraging, notes T N Ninan

Recovery in demand, consumption stocks likely to be short-lived: Analysts

Measures announced by the FM on Monday, according to A K Prabhakar, head of research at IDBI Capital, though will give some fillip to consumption, demand will be limited into buying only essentials

The Morning Show, Ep 1: Jet Airway, Indian economy, and the middle class

Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers

Trust between govt and industry critical, says FM Nirmala Sitharaman

Sitharaman encouraged continuous feedback and inputs from India Inc, and said discussions with industry had enabled the government to take a series of actions as the pandemic situation evolved

Liquidity no longer a major concern, FM Sitharaman assures India Inc

Banks to kick off new credit-outreach programme by October 15

FM discusses key areas of cooperation to support recovery of BRICS nations

Finance Minister Nirmala Sitharaman on Thursday discussed with her BRICS counterparts the key areas of cooperation that would be crucial in supporting recovery of the grouping's economies

L&T, IRB Infra: Can National Monetisation Pipeline boost infra stocks?

Shares of IRB Infrastructure Developers jumped over 5 per cent, GMR Infrastructure added 2 per cent and Larsen & Toubro Ltd (LT) recovered following five days of bear hammering

FM Nirmala Sitharaman to start two-day visit to Mumbai from Tuesday

Union Finance Minister Nirmala Sitharaman will be visiting the financial capital for two days starting on Tuesday to meet key stakeholders.

Top headlines: FM gives Sept 15 deadline to Infy; Eicher re-appoints Lal

Business Standard brings you the top stories this evening

Vajpayee yrs set ground for UPA era economic growth: Shankar Acharya's book

Vajpayee's political achievement in greatly advancing economic reforms was perhaps even more admirable than Rao's, writes Shankar Acharya in his new book

'Rigorous' work underway to achieve privatisation targets: FM Sitharaman

Sitharaman said on Thursday that the government is undertaking all the "necessary rigorous" work to complete the planned privatisation processes by the end of this financial year.

Tata Sons Chairman N Chandrasekaran meets FM Nirmala Sitharaman

Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman

Sitharaman as FM: Some positive surprises, a few works in progress

Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan

Rahul writes to FM seeking relief to farmers on repayment of crop loans

Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term.crop loans by farmers to December 31, 2021. Gandhi also sought waiver of all penal interest on such loans. He highlighted that farmers across the country are facing acute financial distress due to the pandemic. The former Congress chief said his parliamentary constituency Wayanad in Kerala is home to a significant number of small and marginal farmers growing cash crops. He said large parts of Kerala were devastated by two consecutive years of flooding in 2018 and 2019. "Just as the farmers were on their road to recovery, the Covid pandemic struck. This has severely heightened agrarian distress. Currently, farmers avail short-term crop loans at a concessional rate under the interest subvention scheme. "However, factors including multiple lockdowns, disruptions in the supply chain and limited market access have severely affected farm .

Budget: First woman finance minister sets the ball rolling for a new Assam

Most of the expenditure in the budget is aimed at providing support to the neediest strata of the society

G20: Sitharaman emphasises on role of technology in fighting climate change

The minister participated virtually in the G20 High-Level Tax Symposium on Tax Policy and climate change

G20 finance ministers take up plan to deter cross-border tax dodging

The deal aims to discourage the use of often-complex accounting schemes to move profits to where the least tax is due.

30 years of economic reforms: Here's a look at the broad contours of change

The pace of changes in the first 100 days of a minority govt remains unparalleled till today