Page 164 - Nirmala Sitharaman

Private sector's efficiency to unlock value of firms being privatised: FM

Sitharaman on Monday said efficient management and use of the latest technology by the private sector will help unlock the real value of CPSEs undergoing strategic sale

No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman

The announcement comes amid record-high fuel prices

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman

Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.

Asset monetisation target for states may be set at Rs 3 trillion

Central ministries given a target to monetise assets worth Rs 2.5 trn over 3 years

NSE outage: More serious questions

The outage caused a serious embarrassment, not only for the NSE but also for the Securities and Exchange Board of India (Sebi) and the government of India

Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47

In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27

NITI Aayog submits first list of about 12 PSUs for privatisation

Banks, insurers part of the list as process kicks off

The hurdles in the long road to India's entry into global bond indices

The govt needs to examine its options to join global central securities depositories without ceding tax sovereignty. This could considerably delay India becoming a part of global bond indices.

Banking on slower recovery

The Centre's current deficit glide path reveals a conservative stance on growth

Asset monetisation to bring paradigm shift for infra growth: FM Sitharaman

Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI Aayog

India's GDP to grow 11% in FY22, contract 8% in FY21, says CRISIL

GDP is likely to touch the pre-pandemic level only by the second quarter of fiscal year 2022

CPSE assets sale to bring about paradigm shift in infra: FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said monetisation of CPSE assets is based on the principle of value creation for the government and investors

GST fraud of Rs 20,124 cr detected during Nov 9-Jan 31: Sitharaman

A nationwide special drive against unscrupulous entities for availing and passing on Input Tax Credit fraudulently is being carried out, FM said in a written reply to Rajya Sabha

Disinvestment: Govt addresses CPSE stakeholders' concerns, says FM

The government addresses legitimate concerns of employees and other stakeholders of CPSEs through appropriate provisions in the share purchase agreements with bidders at the time of disinvestment, Finance Minister Nirmala Sitharaman said on Monday. On January 27, the Cabinet Committee of Economic Affairs (CCEA) gave 'in-principle' approval for 100 per cent disinvestment of the government's stake in Rashtriya Ispat Nigam Ltd (RINL), also called Visakhapatnam Steel Plant or Vizag Steel. This will be along with RINL's stake in its subsidiaries/ joint ventures through strategic disinvestment by way of privatisation. Sitharaman said strategic disinvestment of the government's equity will lead to infusion of capital for optimum utilisation, expansion of capacity, infusion of technology and better management practices. This will result in higher production and productivity and expansion of direct and indirect employment opportunities. "While deciding the terms and conditions of the strateg

NIP and NMP: The pipeline jugalbandi

The "jugalbandi" of these two pipelines - the NIP and NMP - should be music for the infrastructure sector, and the nation

Fiscal steps taken by govt led to positive growth in Q3: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the fiscal measures taken by the government have resulted in positive growth of 0.4 per cent in the third quarter of the current financial year.

Subtle discrimination against women shouldn't be encouraged in language: FM

Lok Sabha Speaker Om Birla also took the initiative to celebrate women and their achievements on the occasion of International Women's Day

Second part of Parliament's Budget Session to commence from Monday

The second part of the Budget Session of Parliament will commence from Monday with all Covid-19 precautionary measures in place

Inflation a 'downside risk' to India's growth momentum: Finance ministry

Citing the country's consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of providing a growth push in the face of moderating inflation

High fuel prices a burden, Centre-states must talk: FM Nirmala Sitharaman

Both the Centre and the states draw revenues by taxing fuel, and 41 per cent of the tax collected by the Centre goes to the states, Sitharaman said