Page 73 - Finance Ministry

Momentum of inflation on downward slope, says RBI Governor Shaktikanta Das

The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices

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

IPO going to be very positive development in LIC history, says Sitharaman

Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)

Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv

There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation, says Shaktikanta Das

Tax laws made complicated by exemptions, need to be simplified: Tarun Bajaj

Revenue Secy says govt wanted a stable and predictable tax regime, so very little tinkering was done in the Union Budget

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

Top headlines: Chandra gets 2nd term; FM informs on legitimacy of cryptos

Here are the top headlines on Friday

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

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

Govt contained inflation at 6.2% despite biggest contraction in economy: FM

She stated that the objective of the Budget is a stable and sustainable recovery in the economy

LIC: Govt weighing 5% stake sale via mega IPO, says report

The government plans to offer 316 million shares of the 6.32 billion shares it owns in Life Insurance Corp of India, and no fresh stock will be issued, say sources

Eligible entities have purchased bonds worth over Rs 9,200 cr: Govt

The Electoral Bond Scheme 2018, was notified by the government on January 2, 2018

India GDP estimated at Rs 147.5 trn in FY22: MoS Finance Pankaj Chaudhary

In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms in recent years to boost investment and GDP growth

Finance Ministry eyes new ways to boost non-lapsable defence fund

The ministry said FFC recommendations are against good parliamentary practice

Sebi should hear if cos have views on separate roles of Chairperson, MD: FM

At the end of December 2020, 53% of the top 500 listed entities had complied with the provision

'Sec 135AA aimed at hackers of commercially sensitive trade-related data'

'By selling commercially sensitive information, the hackers adversely impact the competitive position of Indian exporters in international trade,' says Revenue Secretary

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

Finance Ministry's real FY23 GDP forecast lower than in Economic Survey

The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)