Page 58 - Finance Minister

Govt's Rs 25,000-cr realty fund may see some 'structural challenges'

Srini Sriniwasan, managing director at Kotak Investment Advisors, said although the government has the right intentions, the devil is in the detail

A Rs 25,000 cr push: Here's how govt plans to revive the real estate sector

While the government will act as a sponsor with its Rs 10,000-crore initial contribution to the category-II AIF, SBI and LIC will provide an additional Rs 15,000 crore for the fund

FM Sitharaman to review state of economy at FSDC meeting on Nov 7

The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, sources added.

Despite unavailability of MAT credit, 60% of firms opt for lower tax regime

In absolute terms, around 300,000 companies are now at the 22% rate, against the earlier 25-30% earlier

Top headlines: Sitharaman woos US investors, UK announces Brexit deal

Sitharaman assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms

Time to do away with fiscal responsibility law? No virtue in stipulating 3%

Target years for reaching the desired fiscal deficit are pushed back; and when FMs are unable to get close to targets, they fudge the books and push the burden on to hapless PSUs, writes T N Ninan

Letter to BS: India needs strong and honest FM or PM to clean the system

Manmohan Singh cleaned up the department of corrupt officers at a very high level in one big sweep.

Homebuyers unlikely to gain from reduction in corporation tax rates

Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts

Now, the kitchen sink: Finance minister has kissed fiscal restraint goodbye

Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan

FM's tax cut: Buyback relief for firms as retrospective rule goes

About 18 cos had announced buybacks worth nearly Rs 15,000 crore between April 1 and July 5

Investor wealth up by Rs 6.8 trillion in a day following FM's announcements

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day

FM versus Biocon chief on Twitter over e-cigarettes settles amicably

Shaw, head of Biocon, had earlier wondered why the finance minister, and not the health minister, addressed the press conference

FM defends handling of economy after criticism over lack of fiscal measures

While Sitharaman tweets regularly about her ministry's achievements and her personal life, including her love for making pickles, she's rarely responded to social media criticism

The legacy issues of public sector banks

Disappearance of public sector banks will be resented by the common man

Govt will respond to automobile industry's demand, says FM Sitharaman

Car companies' demand for a tax cut will be decided at the GST Council's meeting in Goa on September 20, says the finance minister.

Bravo FM, but it's only half the job done

The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking

Finance ministry to ask CPSE heads to expedite capital expenditure

According to official sources, the finance ministry will review the progress made by various CPSEs with regard to their capital expenditure

FM meets representatives of infrastructure sector amid economic slowdown

The representatives of the infrastructure sector expressed their issues and concern to the finance minister during the meeting

RBI's surplus transfer isn't a silver bullet; govt shouldn't get complacent

Excitement in the markets may lull the government into wrongly believing that all the economy's woes are over and the problems have been fixed

Letter to BS: Banks are at last moving towards floating rate of interest

The RBI's efforts should therefore move towards a market-determined benchmark cost for funds