Page 190 - Nirmala Sitharaman

Will take up GST cut demand with FM Sitharaman, PM Modi: Prakash Javadekar

Prakash Javadekar assured the automobile industry that he will take up the industry's demand for a cut in GST for the sector with the Finance Minister and the Prime Minister

Top headlines: Softbank eyeing TikTok bid partner; FM's loan recast scheme

From the Supreme Court directing banks to not declare NPA to Kishore Biyani's next step post Future Retail sale, here are top business headlines this morning

FM tells banks to frame loan recast scheme for all viable units by Sept 15

Lenders told to put in place FAQs on recast on their websites in multiple languages

LIVE: India a country of political stability, policy continuity, says PM

Stay tuned with Business Standard for all latest news updates

FM to meet heads of banks, NBFCs to review loan recast scheme on Thursday

The Reserve Bank of India (RBI) last month permitted one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset (NPA)

Why PM CARES trustees afraid to reveal names of donors, asks Chidambaram

Chidambaram tweeted: "The auditors of PM CARES FUND have confirmed that the Fund received Rs 3076 crore in just 5 days between March 26 and 31, 2020"

Kashmir industry body flags business concerns with Nirmala Sitharaman

The Kashmir Chamber of Commerce and Industry (KCCI) flagged concerns of the business community during an online conference with Union Finance Minister Nirmala Sitharaman

Centre, state finmin officials thrash out GST compensation gaps

The states were informed that if they take the option of borrowing Rs 97,000 crore under a special window, they will still get Rs 2.35 trillion minus Rs 97,000 crore from the compensation cess

Top headlines: FM to hold review meet; pharma focusing on OTC drugs

From govt asking ministeries to review staffer performance to likely SC verdict on telecom AGR dues, here are top headlines this morning

GST compensation row: FM's 'act of God' can be a nightmare for RBI

The government has invoked "act of God" for not paying its due to the states directly

FM Sitharaman to hold review meeting with lenders on loan recast scheme

Most state-owned bank execs expect 5-7% of their loan books will require restructuring

Oppn-ruled states dismiss Centre's 2 options on GST compensation shortfall

Meet today to outline strategy on compensation

West Bengal rejects Centre's borrowing propositions to meet GST shortfall

Says will engage with other states to take collective steps

Govt writes to states, suggests borrowing options to meet GST shortfall

States could borrow via a special window centre will facilitate through the RBI or they may raise debt from the market, says finance ministry

Will FM answer how to describe mismanagement of economy: Chidambaram

Sitharaman on Thursday said the economy had been hit by the pandemic, which is an 'Act of God', and it would see a contraction in the current fiscal

Six yrs of Jan Dhan: Widening and deepening of financial inclusion in India

Deposits in bank accounts meant for the vulnerable now account for a higher share in overall demand deposits in Indian banks

Top headlines: Two options for GST compensation; Covid to hit IT employees

From Centre giving options to states for GST compensation to GMR planning to list airport business, here are top business headlines this morning

Centre gives states two options to meet GST compensation cess shortfall

States given two options to borrow: Rs 97,000 crore or Rs 2.35 trillion, burden of repayment on extension of cess period

GST uncertainty continues

Confusion and delays could increase Centre-state friction

LIVE: Students want NEET, JEE exams to be held, says Education Minister

'We have received mails from students and parents who are in favour of holding exams', said the minister. Stay tuned news LIVE updates