Page 59 - Nirmala Sitharaman

Consultations underway at MCA for expansion of audit firms in India

These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry

Zero electricity bill, tax tweaks: Govt's 100-day agenda, budget wish list

From a long-term perspective, however, the focus, Mirae Asset said, would be on infrastructure development, farm laws, skill development, and creating employment

FM Nirmala Sitharaman blames Cong for de-industrialisation of Bihar

She said that from 2004 to 2014, via tax devolution as per the Finance Commission formula, Bihar received Rs 2.04 trn but under the Modi government, it received Rs 7.07 trn in 2014-2024 so far

FM Nirmala Sitharaman asks ICAI to set up 'Big 4'- like Indian firm

Interacting with the ICAI in Patna, Sitharaman sought a commitment from them to start work on the same as part of their 100-day agenda for Viksit Bharat by 2047

Bengal could not be proactive to attract industry: FM Nirmala Sitharaman

Citing the example of the proposed semiconductor project in Assam, Sitharaman said that India's own big-ticket investment in chip manufacturing had gone to Assam, crossing Bengal

WATCH: Sitharaman's viral reply on broker's tough question on tax burden

During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker on the heavy taxation regime in India

PM Modi coming back with good majority in Lok Sabha: FM to India Inc

BJP leader and Finance Minister Nirmala Sitharaman on Friday exuded confidence that Prime Minister Narendra Modi is coming back to power with a good majority in the Lok Sabha. If the BJP wins majority in the ongoing Lok Sabha elections, Modi will become the Prime Minister for the third term in a row. Addressing Industry captains at the CII Annual Business Meeting here, she said, "We are confident that Prime Minister Narendra Modi is coming back with a good majority". General elections are going on in the country. Out of seven phases, four phases have been concluded. The counting of votes is scheduled for June 4. "Soon after the government is formed, we look forward to a more pointed engagement with the CII to see what best can be done in the July budget, which will be the full year's budget...a lot of consultation can begin with the CII team as well," she said. Emphasising that India's story is a compelling growth story, Sitharaman said the country presents immense growth ...

Don't use our matters for political mileage: Somnath Bharti's wife to FM

AAP's New Delhi Lok Sabha constituency candidate Somnath Bharti's wife Lipika Bharti on Saturday urged Union Finance Minister and BJP leader Nirmala Sitharaman to not use her family matters for "political mileage". Addressing a press conference on AAP Rajya Sabha MP Swati Maliwal assault case on Friday, Sitharaman cited past instances of accusations of attacking women against several AAP leaders, including Bharti, and called the party an "anti-women" party. Lipika, along with her husband, said in a press conference that they were living happily as husband and wife. "Every couple has their dispute. We had a dispute 10 years ago and it was resolved back then only. My appeal is that do not use us for your political mileage," she said. Lipika added that the AAP leader understands his responsibilities as husband and father. Bharti also hit out at Sitharaman saying if the BJP government had worked at the Centre, she would not need to rake up his family matter to hurt his wife and ...

Watch: FM Sitharaman stunned by honest questions on middle-class tax burden

During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India. Watch the video to know what qu

Salt on Maliwal's wounds: Sitharaman as Kejriwal 'roams' with accused aide

Swati Maliwal on Thursday filed a formal complaint with the Delhi police against Arvind Kejriwal's assistant, Bibhav Kumar, for allegedly assaulting her at the CM's house on Monday

India to become $4 trn economy in FY25, surpass Japan by FY26: Sanyal

India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the world's fourth largest economy, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Thursday. Sanyal further said that a 7 per cent economic growth rate will be a 'very good' growth rate for India, given various constraints, including the country's weak exports. "So, this financial year, we will become a USD 4 trillion economy," he said at an event here. Recently, Finance Minister Nirmala Sitharaman said that India is expected to overtake Japan and Germany to emerge as the world's third-largest economy by 2027. Currently, in US dollar terms, India is the fifth largest economy with a size of about USD 3.7 trillion in nominal terms. Sanyal said Japan is now just a little ahead of us at USD 4.1 trillion. "So, either very early next year or even you know this year, we will cross Japan to become the world's fourth largest economy," Sanyal ...

NDA better on infra metrics than UPA tenure, says Nirmala Sitharaman

India saves Rs 4.8 trillion on logistics cost every year, said Sitharaman

More governance and less of govt in Modi's third term: FM Sitharaman

FM Nirmala Sitharaman was addressing a session titled 'Viksit Bharat 2047 - Vision for Indian Financial Markets,' organised by the BSE stock exchange at the BSE International Convention in Mumbai

LS polls 2024: Stock market slump doesn't mean PM Modi is in trouble

Indian politics is complicated enough to predict without throwing stock prices into the mix as well, Mihir Sharma writes

Financial markets prefer stability, predictability: FM Nirmala Sitharaman

Warns of unchecked explosion in F&O retail trades

FM's 'khata khat' remark: Cong accuses her of overseeing peak unemployment

The Congress on Tuesday hit back at Finance Minister Nirmala Sitharaman for questioning the finances behind the Congress' poll guarantees of providing Rs one lakh per annum to poor women and youth of the country and accused her of overseeing record unemployment and price rise. In a post on X, Congress general secretary Jairam Ramesh said while Sitharaman considers the Congress guarantees benefitting 99 per cent population as "lofty" but not the Rs 16 lakh crore loan write off for the prime minister's "cronies" or a Rs 2 lakh crore corporate tax cut for 0.7% of the largest firms that went straight into his "friends'" pockets. He asserted that the schemes promised by the Congress will be properly executed by the INDIA bloc government starting next month. "It is typical of the Modi government to describe only those policies intended to benefit 99% of the population as 'revdi', while billions handed out to the PM's cronies are excluded from this category. "The good news is that these .

Does Cong know cost of implementing Rahul's 'Khata Khat' schemes, asks FM

BJP leader and Finance Minister Nirmala Sitharaman on Monday wondered whether the Congress is aware of the cost of implementing the social welfare schemes, including giving Rs 1 lakh to women belonging to below poverty line families. A lot has been said in recent times about the fiscal management (especially on debt) of our government under PM Modi's leadership, Sitharaman said in a post on X. "Many times, absolute numbers have been compared without considering the GDP growth on which we base the debt calculation. I would like to put out a clear picture, unlike @INCIndia, which hides behind lofty promises that are non-transparent and disconnected from reality," it said. "Has @INCIndia considered the cost of the lofty promises made in their manifesto? Have they calculated how much the 'Khata Khat' schemes will cost fiscally? Will they borrow substantially for them, or will they raise taxes to fund them?" it said. She wondered how many welfare schemes would Rahul Gandhi shut down to

LS polls: FM Sitharaman questions 'lofty promises' in Congress manifesto

Sitharaman said post-pandemic, the Narendra Modi government pursued a "balanced approach" to fiscal consolidation while sustaining economic growth

LS polls: FM bonds with southern students over lunch at Andhra Bhavan

Union Finance Minister Nirmala Sitharaman made a surprise visit to the iconic Andhra Bhavan in the heart of Delhi on Saturday, two days before polling in the Telugu states of Telangana and Andhra Pradesh, interacting with some students of Delhi University. Speaking to around 20-odd students from the two Telugu-speaking states as well as Tamil Nadu, Kerala and Karnataka, Sitharaman discussed issues ranging from education and politics to the economic situation, in what appeared to be an attempt at outreach ahead of the May 13 elections in Telangana and Andhra Pradesh, where the BJP aims to expand its base. Polling for Andhra Pradesh's 25 Lok Sabha and 175 assembly seats will be held simultaneously on May 13. Telangana's 17 Lok Sabha seats will also go to the polls on the same day. As the students savoured their lunch, Sitharaman seamlessly transitioned into the role of a caring mother figure, ensuring they were eating properly. "I am listening, you please eat," she gently reminded th

India's fiscal deficit for FY24 likely to be better than expected

Govt capex for the last financial year also in line with projections, say sources