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Page 163 - Nirmala Sitharaman

Drug for spinal muscular atrophy already exempt from import duty: FM

Finance Minister Sitharaman said imported life-saving drugs including those for spinal muscular atrophy disease for personal use are exempted from basic customs duty but they attract 5 per cent GST

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Updated On : 19 Mar 2021 | 1:13 PM IST

RBI Dy Guv Kanungo may get extension; interviews to find successor nixed

The move comes at a time when the central bank is working on digital currency

RBI Dy Guv Kanungo may get extension; interviews to find successor nixed
Updated On : 19 Mar 2021 | 11:31 AM IST

FM promises safeguards; Rajya Sabha passes Bill to hike FDI in insurance

Bill provides that no insurer shall invest policyholders' funds outside India, says government

FM promises safeguards; Rajya Sabha passes Bill to hike FDI in insurance
Updated On : 18 Mar 2021 | 11:51 PM IST

Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%

Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards

Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%
Updated On : 18 Mar 2021 | 7:30 PM IST

Mallya, Nirav Modi & Mehul Choksi coming back to face law: FM Sitharaman

Sitharaman said that fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi are "coming back to India" to face the law

Mallya, Nirav Modi & Mehul Choksi coming back to face law: FM Sitharaman
Updated On : 18 Mar 2021 | 7:19 PM IST

Nirmala Sitharaman to move Insurance Amendment Bill 2021 in RS today

Union Finance Minister Nirmala Sitharaman will move the Insurance (Amendment) Bill 2021 in Rajya Sabha for passing on Thursday

Nirmala Sitharaman to move Insurance Amendment Bill 2021 in RS today
Updated On : 18 Mar 2021 | 12:29 PM IST

Cabinet clears Bill on setting up DFI with capital infusion of Rs 20,000 cr

Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman

Cabinet clears Bill on setting up DFI with capital infusion of Rs 20,000 cr
Updated On : 17 Mar 2021 | 1:30 AM IST

FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'

Govt will protect the interests of employees in plans to sell state-owned companies, says Finance Minister

FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'
Updated On : 16 Mar 2021 | 11:55 PM IST

Uncertainty around India's crypto policy is making blockchain firms anxious

Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights

Uncertainty around India's crypto policy is making blockchain firms anxious
Updated On : 16 Mar 2021 | 9:45 PM IST

Yellen and FM Sitharaman discuss global economic outlook

US Treasury Secretary Janet Yellen has spoken to Finance Minister Nirmala Sitharaman for the first time

Yellen and FM Sitharaman discuss global economic outlook
Updated On : 16 Mar 2021 | 7:24 PM IST

Bengal polls LIVE: TMC govt did nothing for farmers, Adivasis, says Nadda

'TMC supremo has started reciting Sanskrit slokas to assert her Hindu identity, alleged the BJP President. Stay tuned for the Latest LIVE news

Bengal polls LIVE: TMC govt did nothing for farmers, Adivasis, says Nadda
Updated On : 16 Mar 2021 | 6:57 PM IST

Not all banks will be privatised, interest of workers to be protected: FM

'Even for those banks which are likely to be privatised, the privatised institutions too will continue to function after privatisation, the interests of the staff will be protected,' said Sitharaman

Not all banks will be privatised, interest of workers to be protected: FM
Updated On : 16 Mar 2021 | 6:47 PM IST

Cabinet approves Bill to set up Development Finance Institution

The government has proposed Rs 20,000 crore to capitalise the institution.

Cabinet approves Bill to set up Development Finance Institution
Updated On : 16 Mar 2021 | 5:00 PM IST

RBI strengthening institutional mechanism to prevent bank frauds: FM

Sitharaman on Tuesday informed Parliament that the Reserve Bank of India is taking measures to strengthen its regulatory and supervisory capacity

RBI strengthening institutional mechanism to prevent bank frauds: FM
Updated On : 16 Mar 2021 | 3:55 PM IST

Funds under MPLADS for 2019-20 cleared: Finance Minister Sitharaman

Sitharaman made the announcement in the Rajya Sabha

Funds under MPLADS for 2019-20 cleared: Finance Minister Sitharaman
Updated On : 16 Mar 2021 | 1:58 PM IST

Congress seeks statement from FM Sitharaman on strike by bank employees

The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike

Congress seeks statement from FM Sitharaman on strike by bank employees
Updated On : 16 Mar 2021 | 12:55 PM IST

Sitharaman discusses global economic outlook with US Treasury Secy Yellen

Finance Minister Nirmala Sitharaman held a discussion on global economic outlook with US Secretary of Treasury Janet Yellen, wherein the latter appreciated India's contribution to the vaccine efforts

Sitharaman discusses global economic outlook with US Treasury Secy Yellen
Updated On : 16 Mar 2021 | 6:57 AM IST

FM Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI in insurance

The government had earlier allowed 100 per cent foreign direct investment in insurance intermediaries

FM Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI in insurance
Updated On : 15 Mar 2021 | 11:47 PM IST

No proposal at present to include petroleum under GST: Sitharaman

FM says GST Council will take it up after considering revenue impact

No proposal at present to include petroleum under GST: Sitharaman
Updated On : 15 Mar 2021 | 11:46 PM IST

No plans to introduce diaspora bonds, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the government has no plans to introduce diaspora bonds

No plans to introduce diaspora bonds, says FM Sitharaman
Updated On : 15 Mar 2021 | 8:08 PM IST