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Page 239 - Nirmala Sitharaman

GDP growth seen slipping under 5% in Sep quarter; may be in 4.2-4.7% range

A look at six indicators shows all of them have collapsed from positive growth in April to contraction in Sept

GDP growth seen slipping under 5% in Sep quarter; may be in 4.2-4.7% range
Updated On : 28 Nov 2019 | 12:47 AM IST

Opposition's habit of walking out remains unchanged since 2014: Sitharaman

The Union Minister asserted that there will never be a recession in the country

Opposition's habit of walking out remains unchanged since 2014: Sitharaman
Updated On : 27 Nov 2019 | 11:32 PM IST

Economy may have slowed, but there's no recession, and there won't be: FM

Replying to a discussion on the economic situation, Nirmala Sitharman reeled out numbers to compare UPA and NDA

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Updated On : 27 Nov 2019 | 7:07 PM IST

Centre planning to come up with lottery scheme for GST paying customers

Once the consensus at officers level is reached then it will be put before GST Council meeting

Centre planning to come up with lottery scheme for GST paying customers
Updated On : 26 Nov 2019 | 8:34 PM IST

RCEP offer 'was not as much as our aspirations', says FM Sitharaman

She also said that she held discussions with credit rating agencies on their methodology to assess risk

RCEP offer 'was not as much as our aspirations', says FM Sitharaman
Updated On : 24 Nov 2019 | 12:36 AM IST

OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU

A major reason why the government kept NRL outside the strategic sale of BPCL was its importance to the Assam Accord

OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU
Updated On : 22 Nov 2019 | 1:22 AM IST

PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt

Of the Rs 2.52 trillion, Rs 1.06 trillion was disbursed towards new term loans, while Rs 46,800 crore was towards new working capital loans

PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt
Updated On : 21 Nov 2019 | 10:49 PM IST

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs

The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs
Updated On : 21 Nov 2019 | 1:35 PM IST

BPCL most lucrative among govt's divestment candidates, say analysts

The company should get good suitors as it is sitting on good infrastructure and has a stable business outlook; the valuation seems attractive

BPCL most lucrative among govt's divestment candidates, say analysts
Updated On : 21 Nov 2019 | 6:37 AM IST

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs
Updated On : 21 Nov 2019 | 2:00 AM IST

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

GST compensation delay: States considering legal action against Centre
Updated On : 21 Nov 2019 | 1:22 AM IST

CCEA okays amendments to Toll Operate Transfer model for national highways

The government on Wednesday approved amendments proposed to the Toll Operate Transfer (TOT) model for national highways. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the amendments proposed in the TOT model by the National Highways Authority of India (NHAI), Finance Minister Nirmala Sitharaman said. Public-funded national highway (NH) projects that are operational and have toll revenue generation history of one year after the commercial operations date (COD) will be monetised through the TOT model, she said after the CCEA meeting. The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways/NHAI on a case to case basis, she added. The corpus generated from proceeds of such project monetisation will be used by the government to meet its fund requirements regarding future development and O&M (operations and maintenance) of highways in the country. The model would facilitate efficient toll ...

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Updated On : 21 Nov 2019 | 12:08 AM IST

Govt approves proposal to enact legislation for recycling of ships

It has also been decided to accede to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009, FM said

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Updated On : 21 Nov 2019 | 12:05 AM IST

Onion shortage: Cabinet approves import of 120,000 tonnes to contain prices

The government is also facilitating private imports and also relaxed phytosanitary and fumigation norms till December

Onion shortage: Cabinet approves import of 120,000 tonnes to contain prices
Updated On : 21 Nov 2019 | 12:03 AM IST

In biggest privatisation drive, govt to sell stake in BPCL, 4 other CPSEs

The management control will continue to be retained with the government after considering equity held by other state-run companies in the divested firm

In biggest privatisation drive, govt to sell stake in BPCL, 4 other CPSEs
Updated On : 20 Nov 2019 | 11:53 PM IST

Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs

Govt's strategic divestment of BPCL will exclude Numaligarh Refinery; management control to be transferred to strategic buyer

Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs
Updated On : 20 Nov 2019 | 9:51 PM IST

States concerned over GST compensation delays, ask FM to speed up payments

Punjab is awaiting Rs 2,100 crore as compensation while arrears stand at Rs 2,000 crore

States concerned over GST compensation delays, ask FM to speed up payments
Updated On : 20 Nov 2019 | 7:43 PM IST

Top events today: Cabinet meet on Kashmir, Sengar in court and more

From Sitharaman to meet heads of public and private banks to Sovereign Gold Bonds subscription, Business Standard brings you top events of the day

Top events today: Cabinet meet on Kashmir, Sengar in court and more
Updated On : 20 Nov 2019 | 4:10 PM IST

PSBs report Rs 95,700-crore frauds: Are banking frauds on the rise?

State Bank of India reported fraud of ₹25,400 crore followed by Punjab National Bank of ₹10,800 crore and Bank of Baroda of ₹8,300 crore

PSBs report Rs 95,700-crore frauds: Are banking frauds on the rise?
Updated On : 20 Nov 2019 | 1:35 PM IST

BJP making India's best organisations hollow, selling them: Priyanka

Her attack comes days after Sitharaman reportedly said the government was looking to wrap up the sale of state-run Air India and oil refiner and marketer BPCL by March 2020

BJP making India's best organisations hollow, selling them: Priyanka
Updated On : 20 Nov 2019 | 11:39 AM IST