Page 125 - Nirmala Sitharaman

FinMin's annual Delhi Economics Conclave to be revived under new name

For its latest iteration, the economics division of the Finance Ministry has tied up with think-tank Institute of Economic Growth (IEG).

Centre's tax cut on fuel only partial, don't expect same from states: TN FM

Despite the tax reduction announced on Saturday, the rates were still high compared to 2014: Palanivel Thiaga Rajan

Centre waives import duty on some raw materials for steel industry

The import duty on ferronickel, coking coal, PCI coal has been cut from 2.5%, while the duty on coke and semi-coke has been slashed from 5% to 'nil'

Govt giving additional fertiliser subsidy of Rs 1.1 trn this fiscal: FM

With this, the government's total fertiliser subsidy is likely to touch a record Rs 2.15 trn in the current 2022-23 fiscal

'Rollback excise duty on fuel to UPA level,' says Congress on price cut

The Congress on Saturday accused Finance Minister Nirmala Sitharaman of "befooling'' people after she announced an excise duty cut on petrol and diesel and said people needed relief

'It is always people first for us,' says PM Modi on fuel price cut

'Significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further 'Ease of Living',' tweets PM Modi

Centre reduces excise duty on petrol by Rs 8/ltr, diesel by Rs 6/ltr

Inflation bites exchequer as move will reduce FY23 revenue by Rs 85,000 cr

Nirmala Sitharaman flags concerns about possible cartelisation in markets

Finance Minister Nirmala Sitharaman on Friday flagged concerns about possible cartelisation in markets and stressed on the need to look into the causes of short supply of commodities. Speaking at the 13th annual day function of the Competition Commission of India (CCI), the minister also said that the regulator needs to have a "proactive understanding" of mergers and acquisitions. "Cartelisation is going to be a challenge...," the minister said. While mentioning rising commodity prices due to various factors, she said there is a need to look into the causes of the short-supply situation. Her remarks come against the backdrop of spiraling inflation. Sitharaman, who is also in charge of the Corporate Affairs Ministry, said the CCI needs to be sensitive as well as firm. Corporate Affairs Secretary Rajesh Verma said the CCI has made critical interventions to deal with anti-competition matters. He said the recommendations made by the Competition Law Review Committee (CLRC) are being

India at WEF 2022: Day-wise itinerary of Indian representation at Davos

Here is a list of all the events at WEF 2022, Davos that will be attended by Indian ministers, CEOs, and corporate honchos

India's economic growth likely to be robust at 8.9% in FY23: FM at NDB

Nirmala Sitharaman also expressed confidence that India will continue to achieve a high growth rate in the next financial year as well

Centre looks to ensure easy credit from banks to cooperatives sugar mills

With cooperative sugar mills complaining of difficulty in accessing loans from banks due to a plethora of conditions, FM Sitharaman held a high-level meeting with senior officials to iron out glitches

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

Sebi mulling framework to encourage more ETFs in debt segment: Ananta Barua

Sebi's Wholetime Member Ananta Barua said Sebi is also looking at implementing other measures as announced in the annual budget by Finance Minister Nirmala Sitharaman.

Ensure 24x7 power supply to industry and people: FM Sitharaman to states

'We should all take a call so that electricity shortage should not come to anyone, anywhere. Electricity should be there and it should be at a reasonable rate', FM said

Trade pacts with UAE, Australia will fuel economic growth: FM Sitharaman

Finance Minister Nirmala Sitharaman said on Tuesday the country's trade pacts with the UAE and Australia will chart the way for economic growth.

India looking at tapping new markets for edible oil: FM Nirmala Sitharaman

According to her, the country was facing various hurdles on import of edible oils due to the conflict

Ensure quality power supply at reasonable rates to industries: FM to states

At an event here, she said the Centre would extend all its support to help states build the necessary infrastructure and this does not pertain to Tamil Nadu but also to others.

Centre has created new opportunities for private sector: FM Sitharaman

If Coimbatore tries to be a pioneer in Web3 technology, it can achieve a unique place and the city can lead the way in the country, she said

PMJJBY subscription increases to 128 mn, PMSBY at 284 mn in 7 years

Changes introduced by the government in the claim settlement process have led to quicker and easier settlement of claims during the pandemic, Finance Minister Nirmala Sitharaman

Sitharaman asks voters to elect BJP candidates in TN to solve problems

Union Finance Minister Nirmala Sitharaman on Monday asked the people of Tamil Nadu to vote for BJP so that MLAs thus elected will understand their problems and provide immediate solutions.