Page 246 - Nirmala Sitharaman

FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance

PSB executives were not too sure if they would be able to not classify all the stressed loans of micro, small, and medium enterprises (MSMEs) as non-performing assets (NPAs) till March 2020

Corporate tax cut likely to help demand, make consumer goods cheaper

FMCG sector experts said consumer goods will be one of the biggest beneficiaries of the tax cut

CSR expansion to boost research impact, rankings for public universities

Scope of CSE spending extended to public funded universities, IITs, national labs and autonomous bodies engaged in research in science, technology, engineering and medicine

Shekhar Gupta: It's Modi vs economy

The struggling economy is Narendra Modi's biggest challenge. He could defy it and continue to rise spectacularly, or fix it miraculously and do even better

What more must be done

For the last one month the finance ministry, faced with a severe resource shortage, has been coping as best as it can

FM's tax cuts may give more elbow room to govt to sign the RCEP deal

Key pain point of Indian industry, of being a high-cost producer of goods, substantially reduced; Indian tax on companies now slightly below average Asian level

Investor wealth up by Rs 6.8 trillion in a day following FM's announcements

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day

Festival bonanza from FM: Corporation tax rate slashed to boost investments

The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year

Loud cheer in markets for FM's booster, poised for biggest gain in a decade

Tax on domestic companies will be slashed to 22 per cent from 30 per cent, Finance Minister Nirmala Sitharaman said Friday

'First step towards realising Make in India': Experts hail FM's measures

Sitharaman told a news conference that the effective corporate tax rate will be lowered to 25.75 per cent from 30 per cent

FM's boosters send markets soaring, add Rs 2.11 trillion to investor wealth

The rupee also rallied 66 paise to 70.68 against the US dollar on announcements made by the finance minister

Govt cuts corporation tax to 25.17% for domestic firms; Sensex up 1200 pts

Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 trillion annually

No stressed asset of MSME to be declared NPA till Mar 31, 2020: Sitharaman

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit

FM defends handling of economy after criticism over lack of fiscal measures

While Sitharaman tweets regularly about her ministry's achievements and her personal life, including her love for making pickles, she's rarely responded to social media criticism

Cabinet decides to ban sale, production of e-cigarettes; ordinance soon

The move is a setback for Juul, the American e-cigarette maker that controlled 75 per cent of the US market at the end of 2018 and had seen online sales rising in India

Air India privatisation: Sitharaman meets Puri ahead of first GoM meeting

Officials from finance and civil aviation ministries have been discussing this key issue for a while now

Govt considering another 'booster dose' to revive economy: Report

Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely

FinMin plans to release unspent money, boost demand amid economic slowdown

To look at fiscal deficit of entire country before starting pre-Budget consultations, cut off-Budget borrowings

Round 3 of economic stimulus: tax break for exports, help for real estate

FM rolls out Rs 20,000 crore fund for affordable, unfinished homes

FM announces new tax refund scheme to help remove export uncertainty

From the next year, the Remission of Duties or Taxes on Export Products (RoDTEP) will replace the Merchandise Exports from India Scheme (MEIS) for all exported goods except textiles