Page 151 - Nirmala Sitharaman

Well-managed companies attract equity investors: Nirmala Sitharaman

Sitharaman said advise given by company secretaries to businesses is going to make a lot of difference as only "well-managed" companies following good governance practices are attracting investors

Amit Shah-led ministerial panel to soon approve Air India sale

Clarification comes amid reports that Tata Sons may have won the bid

Stock market rally shows in some ministers' portfolios: How they fared

The net worth of Home Affairs and Cooperative Minister Amit Shah grew 32 per cent to Rs 37.91 crore

The big bank idea

India needs more efficient financial entities

Data privacy, safeguarding client details important: FM Sitharaman

Sitharaman added that safeguard of client data is the backbone to bringing trust

India's fintech adoption rate at 87% as compared to 64% globally: FM

"I think India is the prime destination for digital activities, digital payments," FM Sitharaman said

New govt SPV likely to get powers to acquire and develop PSU land

The entity will be able to rent, lease and develop assets to monetise them for a fee, an official said

India needs four-five SBI-size banks, says FM Nirmala Sitharaman

The finance minister also noted that some of the economically active regions of the country still lacked banking facilities

Many districts lack bank branches despite high economic activity: FM

Union Finance Minister Nirmala Sitharaman said despite the huge thrust on financial inclusion and high economic activity, there are districts in the country not having any banking presence at all.

India needs 4-5 more SBI sized big banks, says FM Sitharaman

There is an urgent need to scale up banking to meet the growing needs of the industry, she said

'Economy shifting to different plane', India needs big banks: Sitharaman

The National Asset Reconstruction Company, cleared by the cabinet 10 days ago, should not a be called "bad bank", Finance Minister tells banks association.

Confidence growing in stock market, says FM Nirmala Sitharaman

FM said the market has its own understanding of what it deals with the companies

Indian economy on sustained path of revival: Finance Minister Sitharaman

She said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.

Made additional efforts to clear Punjab's GST dues: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Friday said she made additional efforts to clear Punjab's pending GST dues of more than Rs 1,400 crore, which should be recognised

Infosys says new I-T portal clocked 30 mn logins, 15 mn ITRs filed so far

Infosys says it acknowledges the difficulties some users continue to experience and says it is working 'expeditiously'

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

GST Council extends concessions on certain Covid drugs till Dec 31: FM

The all-powerful GST Council on Friday extended concessional tax rates on certain Covid-19 drugs by three months till December 31

GST Council to meet on Sept 17, to review rate on Covid essentials

The GST Council will meet on September 17 in Lucknow which among other things may review concessional rates on Covid essentials

GST Council meet on Friday; rate review, concession to Covid drugs on cards

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID drugs. Also, taxing petrol and diesel under the single national GST tax and a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy a 5 per cent GST tax on supplies made by them would be taken up by the Council at its meeting in Lucknow on September 17. "Finance Minister Smt @nsitharaman will chair the 45th GST Council meeting at 11 AM in Lucknow tomorrow. The meeting will be attended by MOS Shri @mppchaudhary besides Finance Ministers of States & UTs and Senior officers from Union Government & States," the Finance Ministry tweeted. The Council, comprising central and state finance ministers, will deliberate on the proposal of extending the existing concessional tax rate structure on Amphotericin B, Tocilizumab, Remdesivir and ...

Finance Ministry to kick-start budgetary exercise from October 12

The finance ministry will kick-start the exercise to prepare the annual Budget for 2022-23 from October 12 amidst signs of revival of the Indian economy hit hard by the COVID-19 pandemic.