Finance Minister Nirmala Sithamraman

The finance minister will also launch an online platform for subscribing to NPS Vatsalya, release a scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to minor subscribers.

FM meets Nasdaq vice chairperson, discusses potential investment opportunities in India

Knight led the delegation of the US-India Business Council and called upon the finance minister here

NBFC industry lobby pitches for rule relaxations by finance minister

Aggarwal proposed this during the PreBudget consultation meeting with Finance Minister Nirmala Sitharaman.

Finmin asks PSU banks for comprehensive review of their gold loan portfolio

The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan.

Budget 2024: Announcement on withdrawal of petty direct tax demands unlikely to reduce pendency in courts, say legal experts

Compared to other ministries, the Finance Ministry files the maximum number of cases. As of Jul 2023 the ministry was fighting over 1.7 lakh cases.

Paytm crisis: Won't comment on one company, but govt is enthusiastic about fintech, FM tells Network18

In an exclusive interview with Rahul Joshi, Editor-in-Chief, Network18, finance minister Nirmala Sitharaman hails youth's contribution to making India's fintech sector globally recognised

Budget 2024: Will the FM build a case for a lower tariff regime?

Bureaucrats and industry mavens agree that protectionism by way of import duty shields cannot continue for long 

Budget 2024: Key terms to understand before Sitharaman’s speech

The upcoming Interim Budget for the financial year 2024-25, is set to be presented on February 1, 2024. It marks the last final Budget presentation of the second term of the Modi government. Here's an explainer of terms used for key economic parameters

Special camps to be organised in 4 districts to settle insurance claims once flood water recedes: FM

Following Michaung cyclone, four districts–Tirunelveli, Toothukudi, Kanyakumari and Tenkasi — received excessive rainfall leading to flood like situation in these areas.

Finance Minister Nirmala Sitharaman appreciates SBI for successfully launching direct Lankan-Indian Rupee trade

SBI Chairman Dinesh Khara and Gopal Baglay, India's High Commissioner to Sri Lanka, were also present during the event.

Sitharaman pitches for strong, quota-based and adequately resourced IMF

The 16th General Review of Quotas (GRQ) is expected to provide greater say to developing economies in the International Monetary Fund (IMF).

Digitise every aspect of GST appellate tribunal from day one: Lawyers

The legal eagles feel that while the move to set up GSTAT benches in every state is welcome, they will be flooded with cases from the very beginning, because the tribunal will be coming into existence six years after the GST law took effect.

MTM losses on banks' AFS bond portfolio to remain lower in Q4 as yields stabilise, say experts

However, some non-SLR portfolios may see a rise in MTM losses as spread on these instruments has widened by 5-7 bps, they said.

Post-budget RBI Board Meeting Highlights: New tax regime leaves more money in people's hands, says FM

Post-Budget RBI Board Meeting Highlights: FM Sitharaman, while addressing the press conference said that it is up to the people decide what to do with their money, to save or spend. ''Why should the government induce anything or discourage anything?, she added.

Budget 2023 I Income-tax rule change may dampen investor interest in market-linked bonds: Dealers

FM Nirmala Sitharaman announced a crucial change in the Income Tax Act that takes away the tax arbitrage of such bonds.

Fundamentals of Indian economy is good; rupee is holding its ground: FM Nirmala Sitharaman

Responding to questions, Finance Minister Nirmala Sitharaman, who also held 24 bilateral and about a dozen multilateral meetings on the sidelines of the IMF and the World Bank meetings, said that she would love to bring the inflation further below six per cent, and the government is making efforts for it.

World Bank offers to take India's digitisation to rest of the world: Finance Minister Nirmala Sitharaman

Referring to her meetings on the sidelines of the annual meetings of the IMF and the World Bank, Finance Minister Nirmala Sitharaman said there’s certainly a lot of appreciation about India’s digitisation success.

BRAP Report: Finance minister to release assessment report of states, UTs today

The BRAP report includes 301 reform points that cover 15 business regulatory areas such as access to Information, single window system, labour, environment, sectoral reforms and other such reforms.

CBIC to destroy 42,000 kg narcotics on Wednesday

The Central Board of Indirect Taxes and Customs (CBIC) would destroy around 42,000 kilogram narcotics at 14 locations, including Guwahati, Mumbai and Siliguri, as part of ’Drug Destruction Day’ to be observed on Wednesday, the finance ministry said.

FM Sitharaman discusses growth in MRO, aircraft leasing in India with Boeing Defense CEO

The Finance Minister is visiting the US to attend IMF-WB Spring Meetings 2022.

Will fulfil commitments on crypto, bank privatisation, says FM Sitharaman

The government is hesitant to kick-start the bank privatisation plan in the face of trade union opposition.

IBLA 2022 | 17th edition of India's Business Leader Awards underway

CNBC-TV18 hosted the 17th edition of India’s most coveted business awards, India Business Leader Awards (IBLA) 2022 on April 1 to honour the visionaries of Indian Inc. in the presence of Finance Minsiter Nirmala Sitharaman.

FM Nirmala Sitharaman to table Jammu & Kashmir Budget in Parliament today

The Rajya Sabha and Lok Sabha are set to resume their normal sittings for the second part of the Budget session on March 14.

Elections come and go, but economy requires strong support at this juncture: FM Nirmala Sitharaman

The Budget 2022-23 tabled by Finance Minister Nirmala Sitharaman on February 1 did not have any special announcements or schemes for five states going to the assembly polls in less than two weeks.

Budget 2020 ticked infra boxes, but missed some too

More often than not, projects are stalled for reasons beyond finance