Page 194 - Nirmala Sitharaman

PMO, FinMin to discuss revenue position and ways to augment receipts

It is learnt that Chief Economic Advisor Krishnamurthy Subramanian will give a presentation to PMO officials

Spending 50% of capex target by September: An uphill task for PSUs

Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.

Ensure bankers' safety, take stern action against unruly: FinMin to states

Department of Financial Services asks for action against 'unruly behaviour' after at least two attacks on employees of state-owned banks.

Centre may disburse Rs 10,000 cr worth of loans in FY21 under agri fund

Loans up to Rs 2 crore will be provided to entrepreneurs at 3 per cent interest subvention for a period of seven years

Affordable housing to free foodgrains, Cabinet approves key announcements

The Cabinet also approved the Centre's increased contribution for both employees and employers share (to 12 per cent from 10 per cent) under the Employees' Provident Fund for another 3 months

Free foodgrain scheme till November has got cabinet approval: Sitharaman

Garib Kalyan Yojana is projected to cost the government an additional expenditure of around Rs 1.4 trillion.

Economic revival: FM asks PSUs to spend 50% of budgeted expenditure by H1

Expenditure by PSUs slows down in Q1, PSUs flagged off problems faced by them

Sovereign wealth funds to get tax relief on infrastructure bets: CBDT

CBDT notifies changes that will also apply to pension funds

FM meets heads of 23 CPSEs, discusses need of timely capex for growth

The combined capex target of these 23 CPSEs for the year 2020-21 is Rs 1,65,510 crore

NBFC industry body writes to FM to include individuals under ECLGS scheme

Says more than 75% of customers take loans in their individual names as they do not have any business establishment or partnerships and are compelled to conduct their businesses in individual names

ECLGS: NBFC body seeks addition to list of individuals seeking assistance

FIDC said the assistance to eligible individual borrowers under ECLGS is just limited to loans given under MUDRA scheme

Racist, misogynist: Patra slams TMC MP for calling Sitharaman 'kali nagin'

Bharatiya Janata Party spokesperson Sambit Patra on Sunday slammed the TMC MP Kalyan Banerjee for calling Finance Minister Nirmala Sitharaman 'kali nagin' (venomous snake).

Remain unfazed when people present demands, Modi tells BJP workers

Modi offered this advice to party workers and leaders at a videoconference, 'seva hi sangathan', where he took stock of the assistance BJP workers provided to people during the countrywide lockdown

Covid won't deter us from path of speedy GST reforms: Ajay Bhushan Pandey

While not affirming new timelines for the simplified returns forms, Pandey says invoice matching is already happening at the back-end and quarterly payments are allowed for small taxpayers.

The missing policy

Decision on public sector enterprises should not be delayed

Govt committed to reforms, make tax structure simple: FM on GST day

The finance minister asked taxmen to make life easier for MSMEs, particularly on GST front

Banks sanction over Rs 1 trn in loans to 300,000 MSMEs under credit scheme

The scheme is the biggest fiscal component of the Rs 20-trillion 'Aatmanirbhar Bharat Abhiyan' package

Telcos seek refund of unutilised ITC, cut in spectrum charges, licence fee

In a letter to Finance Minister Nirmala Sitharaman, the Cellular Operators' Association of India (COAI) also made a plea for refund of the unutilised input tax credit immediately

REC kicks off discom package with Rs 2,500 crore to Maharashtra

REC has sanctioned another Rs 3,300 crore for Andhra Pradesh, Rs 2,000 crore for Punjab and Rs 2,032 crore for Rajasthan.

Top headlines: RBI's central board meet, Sebi relaxing pricing norms & more

From Indigo introducing 'Flexifare', Jio eyeing more share in B2C space, Vedanta moving closer to delisting, here are the top news on Friday morning