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Feb 26, 2021 07:49 PM IST Speaking at the India Aircraft Leasing Summit, Nirmala Sitharaman said the government has rapidly built on the International Financial Services Centre (IFSC) owing to its cost-effective feature.
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Feb 25, 2021 10:39 PM IST When asked if the Centre is mulling to reduce cess or other taxes on fuel to give some respite to consumers from high prices of diesel and petrol, she said the question has put her in "dharm-sankat" (dilemma).
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Feb 25, 2021 12:16 PM IST The central government has lifted the embargo on granting business to private banks. Finance Minister Nirmala Sitharaman on Wednesday said that all banks will be equal partners in developing the economy
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Feb 24, 2021 04:56 PM IST 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.
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Feb 23, 2021 06:28 PM IST Though the GST was introduced on July 1, 2017, petrol and diesel were kept out of it due to the higher dependence of states.
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Feb 23, 2021 03:05 PM IST The Indian Railways would come out with a detailed timetable for trains and the available routes will be sold to private players.
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Feb 23, 2021 01:02 PM IST As a part of the 'Aatmanirbhar Bharat' package announced in May 2020, the government has lined key areas where bare minimum public sector undertakings will be maintained and the rest will be privatised.
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Feb 22, 2021 12:14 PM IST West Bengal, Assam, Rajasthan and Meghalaya have cut state taxes to cool down fuel prices.
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Feb 22, 2021 11:17 AM IST Sitharaman has also said there is no plan to merge EPF with the National Pension Scheme and they will continue to remain in their present forms.
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Feb 21, 2021 05:58 PM IST Sitharaman underlined that the nation's growing and aspiring needs and demands across the various sectors cannot be served just by the state government and central governments put together.
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Feb 21, 2021 02:05 PM IST Speaking at an interactive session organised by the Bangalore Chamber of Industry and Commerce (BCIC), Ajim Premji told Finance Minister Nirmala Sitharaman that deploying and administering the vaccine in large proportion was a key requirement.
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Feb 20, 2021 03:31 PM IST FM Nirmala Sitharaman said there was ‘no guarantee’ that, if the central government forwent its share, the states would not fill the space.
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Feb 20, 2021 01:28 PM IST Finance Minister Nirmala Sitharaman said the government wants to divest so that the units are run more professionally with the help that may be available outside the government
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Feb 20, 2021 08:05 AM IST Addressing the traders' cell of Tamil Nadu BJP here, she also said those who were causing hindrance to the progress of the growth of Tamil Nadu were now criticising Prime Minister Narendra Modi's government at the Centre.
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Feb 19, 2021 06:02 PM IST Reversing bank nationalisation is a politically sensitive step. But, the government seems to have a plan this time.
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Feb 18, 2021 06:42 PM IST The band, on the basis of which monetary policy is decided by a six-member committee headed by the central bank governor, was established in 2016.
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Feb 16, 2021 04:26 PM IST At its first meeting after the presentation of the Budget for 2021-22, the central board of directors also reviewed the current economic situation.
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Feb 14, 2021 01:07 PM IST Earlier this month, Reserve Bank of India (RBI) Governor Shaktikanta Das said the central bank will able to manage the high quantum of government borrowings at Rs 12 lakh crore for the next fiscal in a "non-disruptive" manner.
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Feb 13, 2021 11:43 AM IST The 15th Finance Commission had recommended constitution of Modernisation Fund for Defence and Internal Security (MFDIS), a non-lapsable dedicated fund to bridge the gap between projected budgetary requirements and allocation for internal security and defence.
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Feb 12, 2021 10:11 PM IST Vedanta and private equity firms Apollo Global and I Squared Capital's arm Think Gas have shown interest in buying the government's 52.98 per cent stake in BPCL.
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Feb 12, 2021 09:50 PM IST The MSME sector is facing a massive liquidity and supply crunch, shortage of labour and non-payment of dues.
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Feb 12, 2021 07:41 PM IST Speaking at a webinar organised by Bengal Chamber, Mundra said that the idea that ownership changes the behaviour of an entities are not proper.
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Feb 12, 2021 05:37 PM IST The Cabinet had in November last year gave in-principle approval for strategic divestment of Shipping Corp and Container Corp of India Ltd. However, the plans were delayed due to the pandemic.
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Feb 12, 2021 04:11 PM IST FM Nirmala Sitharaman said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
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Feb 12, 2021 03:05 PM IST Speaking on the fiscal roadmap of the government, the Finance Minister said: “We have not hurried to say that next year the fiscal deficit will come down to something which we will like to see. We are going to be careful about how we come down that fiscal path without affecting or creating any hurdles to growth.”