finance minister nirmala sitharaman
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  • Embargo lifted on grant of government business to private banks: FM Nirmala Sitharaman Feb 24, 2021 04:56 PM IST

    Embargo lifted on grant of government business to private banks: FM Nirmala Sitharaman

    The private sector banks can be involved in "conduct of government-related banking transactions such as taxes and other revenue payment facilities", the Department of Financial Services (DFS) said.

  • No plans to put cash into bitcoins at this stage: Infosys CEO Salil Parekh Feb 11, 2021 05:51 PM IST

    No plans to put cash into bitcoins at this stage: Infosys CEO Salil Parekh

    Parekh's comments come at a time when there is a lot of uncertainty on the future of cryptocurrencies and Bitcoins in India.

  • Budget 2021 is a golden opportunity to achieve India’s rightful place in global economy Jan 15, 2021 01:51 PM IST

    Budget 2021 is a golden opportunity to achieve India’s rightful place in global economy

    The utmost important objective of the Union Budget would be to revive investments

  • After the Bell: Nifty snaps 8-day winning streak; what should investors do on Friday? Nov 12, 2020 04:34 PM IST

    After the Bell: Nifty snaps 8-day winning streak; what should investors do on Friday?

    As long as the market does not break the 12530 levels, we should stick to the strategy of buy on dips. Another round of buying in financial stocks is more likely in the near future, suggest experts.

  • Netizens react to FM Nirmala Sitharaman’s ‘Act of God’ remark, memes follow Aug 28, 2020 04:13 PM IST

    Netizens react to FM Nirmala Sitharaman’s ‘Act of God’ remark, memes follow

    An Act of God provision is essentially like a force majeure clause, for events such as floods, earthquakes, and other natural disasters that cannot be controlled or foreseen by humans. Generally, such a clause is invoked to wash off or limit liability.

  • Explained | Amendments to Essential Commodities Act May 16, 2020 10:28 AM IST

    Explained | Amendments to Essential Commodities Act

    Moneycontrol's Sakshi Batra breaks down the amendments​ in the Essential Commodities Act

  • 3-Point Analysis | Fine print of the 20 lakh crore economic package May 13, 2020 09:27 PM IST

    3-Point Analysis | Fine print of the 20 lakh crore economic package

    From MSMEs to EPF to NBFCs, find out everything that Nirmala Sitharaman announced as booster measures in this 3-Point Analysis episode

  • Economic package | A beginning has been made. More needs to be done. Mar 26, 2020 04:35 PM IST

    Economic package | A beginning has been made. More needs to be done.

    Putting money into the hands of the people would have been simpler, quicker and more effective

  • Rs 1.7 lakh crore COVID-19 package: Relief for poor, but little for locked-down economy Mar 26, 2020 03:47 PM IST

    Rs 1.7 lakh crore COVID-19 package: Relief for poor, but little for locked-down economy

    A closer look at the details will reveal that the package is inadequate to address the larger impact of the COVID-19 fallout, especially with respect to industries.

  • Coronavirus impact | Economy needed a booster shot, not band-aid Mar 25, 2020 03:37 PM IST

    Coronavirus impact | Economy needed a booster shot, not band-aid

    The absence of an aid and stimulus package may hurt even more because of the lockdown that the government announced. A slowing economy will be paralysed in multiple ways

  • Keep calm Mr Market! Stimulus package is coming sooner than later Mar 24, 2020 04:40 PM IST

    Keep calm Mr Market! Stimulus package is coming sooner than later

    The call for a big stimulus package has become louder because many economists across international rating agencies have lowered their growth forecast for India,

  • AC prices to go up by 5 percent due to customs duty hike, rise in logistics cost amid Coronavirus scare Feb 23, 2020 03:35 PM IST

    AC prices to go up by 5 percent due to customs duty hike, rise in logistics cost amid Coronavirus scare

    Amid Coronavirus scare, several manufacturers expect 2020 to be a challenging year for the industry as they are going to airlift components such as controllers, compressors and other materials from China, Thailand, and Malaysia and the increased logistics cost would put pressure on input costs.

  • New optional tax regime may adversely affect savings in India: Experts Feb 16, 2020 03:36 AM IST

    New optional tax regime may adversely affect savings in India: Experts

    Rohit Azad, assistant professor at JNU, said due to this proposal, savings rate may fall but that is not a bad thing during slowdown.

  • Budget 2020 | Nirmala Sitharaman keeps the future in focus Feb 01, 2020 08:23 PM IST

    Budget 2020 | Nirmala Sitharaman keeps the future in focus

    Finance Minister Nirmala Sitharaman was candid in her Budget speech when she said this is a Budget reminiscent of the fundamentals of economic policy and fiscal planning, which if deployed prudently, will make the promise of a $5trillion+ economy a reality, sooner than later

  • Budget 2020 | Are the tax steps in the right direction? Feb 01, 2020 08:19 PM IST

    Budget 2020 | Are the tax steps in the right direction?

    Overall, the Budget is a continuing step in the government’s journey of conducive tax environment.

  • Budget attempts to optimise stimulus within a credible fiscal framework Feb 01, 2020 07:42 PM IST

    Budget attempts to optimise stimulus within a credible fiscal framework

    Direct tax revenue targets look a little optimistic and seem to have built in excessive buoyancy

  • Budget 2020 | Repair at the cost of India’s fiscal health? Feb 01, 2020 07:30 PM IST

    Budget 2020 | Repair at the cost of India’s fiscal health?

    While the fiscal stimulus towards the rural segment is noteworthy, the additional tax cuts and incentives for the corporate sector raise concerns about the government’s fiscal health

  • Budget 2020 | Corporate tax measures to revive business confidence Feb 01, 2020 07:27 PM IST

    Budget 2020 | Corporate tax measures to revive business confidence

    The government has focused on getting the economy back on track and improve the ease of doing business.

  • Budget 2020 | On climate change, it was business as usual Feb 01, 2020 07:08 PM IST

    Budget 2020 | On climate change, it was business as usual

    Budget announcements on climate change are nothing but a lip service and the proposed incremental measures fall short in their intent to transform India into a sustainable, low-carbon, high-growth economy is disappointing.

  • Budget: Goes for a less ambitious approach Feb 01, 2020 06:32 PM IST

    Budget: Goes for a less ambitious approach

    The government seems to have chosen to go for an incremental Budget as against the expectation of a Big Bang one

  • Budget 2020 | In a difficult year, Sitharaman shows spunk for fiscal innovation, but targets ambitious Feb 01, 2020 05:28 PM IST

    Budget 2020 | In a difficult year, Sitharaman shows spunk for fiscal innovation, but targets ambitious

    A lot depends on one-off revenues such as settling chronic tax disputes, LIC disinvestment and arrears of telcos

  • Budget 2020 | Protectionism is the other side of the Make in India coin Feb 01, 2020 05:25 PM IST

    Budget 2020 | Protectionism is the other side of the Make in India coin

    Hikes in customs duties and using non-tariff barriers indicate a desire to slow down imports and give more room to domestic industry to grow

  • Budget 2020 | One more missed opportunity Feb 01, 2020 05:07 PM IST

    Budget 2020 | One more missed opportunity

    In the entire 67-page budget speech, the word ‘slowdown’ doesn’t occur even once.

  • Doubling of farmers income by FY22 could be focus area in Budget: Mayuresh Joshi Jan 28, 2020 10:43 AM IST

    Doubling of farmers income by FY22 could be focus area in Budget: Mayuresh Joshi

    A boost in rural productivity could create a multiplier effect in consumption as rural growth has de-grown urban growth in the past fiscal.

  • The aim of this Budget should be to restore confidence Jan 27, 2020 09:31 AM IST

    The aim of this Budget should be to restore confidence

    We need a new vision for the economy, a new direction, like we had in the  1991 Union Budget

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