Page 201 - Nirmala Sitharaman

When perception is reality

A deft, economically sensible policy maneuver puts PM Modi's political capital at risk

Rationale behind the package

Govt seems to be preserving some firepower

Coronavirus crisis must prompt industry to reset ties with workers: FM

The industry should also strive to work towards the skilling of employees at all levels, CII quoted her as saying in a statement

I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman

Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.

Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'

Trump told reporters in a cabinet meeting that the high number of cases in the US is a "badge of honour", because it means the US is testing the most

Market Ahead, May 20: All you need to know before the opening bell

Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3

Top 10 biz headlines: FM interview on stimulus, RIL rights issue and more

Here are the top 10 headlines on Wednesday morning

Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman

Calling her stint as FM during the pandemic "the most challenging assignment yet", Sitharaman said she was not upset with the criticism that the recent stimulus package was too little

Govt to further revise criteria for MSME definition, says Nitin Gadkari

Unveiling the contours of the Rs 20-trillion stimulus package, Finance Minister Nirmala Sitharaman had last last week announced a change in the definition of MSMEs

Credit line for street vendors may've few takers; half of 10 mn not covered

A majority of street vendors, due to closure of their business, do not have the liquidity to pay back a loan.

Power reforms won't electrify the sector

At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains

Fiscal math of the imponderables

Growth holds the key to the government's fiscal deficit slippage

Make reforms work

Govt has to find a way to remove the stumbling blocks

10 targets that states need to achieve to avail extra borrowing

These targets are under four categories, namely, One-Nation-One-Ration Card, ease of doing business, power sector reforms and urban local body reforms

Govt extends deadline to fulfill contractual obligations by up to 6 months

It further said that the period of extension (three and six months) may be decided based on the specific circumstances of the case and the period for which performance was affected

Best of BS Opinion: Unemployment rate at 24%, Covid-19 impact, and more

Here's a selection of Business Standard opinion pieces of the day

Stimulus disappoints Street; Sensex ends 1,069 pts lower, bank stocks fall

The Sensex closed at 30,028, down 1,069 points, or 3.4%, and the Nifty fell 314 points, or 3.4%, to end at 8,823

BSE, NSE slash listing fee for SMEs by 25% amid Covid-19 crisis

The fee rebate has been declared following Finance Minister Nirmala Sitharaman's several announcements to rescue the ailing MSME sector

Nifty Bank tanks 7% on loan recovery fears, stimulus disappointment

Credit to MSMEs, suspension of IBC proceedings weigh on sentiment

The stimulus that wasn't

The bulk of Ms Sitharaman's proposals addressed supply problems, with only occasional and cursory references to demand, mostly as an afterthought