Page 213 - Nirmala Sitharaman

Govt notifies Vivad se Vishwas forms and rules; deadline extension expected

The income tax department notified a 5-stage process of making declaration under the Scheme, with as many as five forms released

FM to move Banking Regulation (Amendment) Bill, 2020 in Lok Sabha today

Sitharaman had said in her budget speech that the government would amend the Banking Regulation Act

Growth matters

Our goal of being a $5 trillion economy by 2024 is the first step. We need sustained growth of 8-10 per cent for 30 years

Unjust tirade: Need for soul searching on the state of Indian economy

If the KYC norms are not followed strictly, toxic accounts could creep into the system

The curious case of an upset FM and an apologetic banker

Who recorded the private meeting of bankers with the finance minister and made it public? For what?

Govt needs Rs 3.06 trillion in 20 days to meet direct tax target

The data showed that the government has collected 73.8 per cent of direct tax target as given in RE by March 10 and 88.71 per cent of indirect tax mop-up projection by February 29

Vivad se Vishwas scheme: Settlement, a fact-intensive decision

From taxpayers' point of view, this scheme provides a good window of opportunity to reduce litigation and it must be evaluated positively.

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank

The authorised capital of Yes Bank has been increased to Rs 6,200 crore, Finance Minister Nirmala Sitharaman said on Friday.

Mobile phones to get costlier as GST rate hiked to 18% from 12%

GST Council asks Infosys to fix GSTN glitches by July

Govt notifies YES Bank rescue scheme; moratorium to be lifted on March 18

Three-year lock-in period for investors

Roads and highways remain a rare bright spot in economic slowdown

But there have been some delays due to land acquisition and other issues

Yes Bank crisis: Federal Bank to invest Rs 300 cr for 300 mn shares

The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.

Govt, RBI to take necessary steps, says Sitharaman on coronavirus impact

'We are conscious of the developments. Together with the RBI, we are monitoring and making sure where necessary, we take steps' Sitharaman said

No time for a stimulus

Covid-19 is not like the 2008 global financial crisis. It is a crisis of a very different sort. You can't spend your way out of it

YES Bank's Reconstruction Scheme: The story so far

Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue

ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank

The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited

Cabinet approves reconstruction scheme for cash-strapped YES Bank

The moratorium imposed on the bank will be lifted within three days after the notification is issued

Govt hikes milling Copra MSP by Rs 439/qtl; ball Copra up by Rs 380/qtl

The government on Friday approved an increase in the minimum support price (MSP) of milling copra by Rs 439 per quintal and ball copra by Rs 380 per quintal as part of its effort to boost farmers income. The new MSP for milling copra for 2020 season will be Rs 9,960 per quintal and that of ball copra Rs 10,300 per quintal. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for the MSP for copra for 2020 season. Information & Broadcasting Minister Prakash Javadekar said India is number one in production and productivity of copra in the World. The production of copra is around 15 million tonnes. It is grown by 30 lakh farmers in 20 lakh hectares area. The MSP for Fair Average Quality (FAQ) of milling copra has been increased to Rs 9,960 per quintal for 2020 season from Rs 9,521 per quintal in 2019. The MSP for ball copra has been increased to Rs 10,300 per quintal for 2020 season from Rs 9,920 per quintal in 2019. This will ...

Govt, RBI closely monitoring: FM on market volatility over Coronavirus

Together with the RBI, the government is closely monitoring markets, she said on the situation arising out of a panic spread of coronavirus pandemic.