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Dec 05, 2022 12:56 PM IST The finance minister was speaking at the DRI's 65th Foundation Day. "DRI should look at whether there is any relation between higher gold imports and higher detection of gold smuggling. Customs duty on gold does not determine the extent of smuggling, which seems to have its own cycle pattern.”
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Dec 05, 2022 11:21 AM IST Finance Minister Nirmala Sitharaman inaugurates the 65th foundation day celebration of the Directorate of Revenue Intelligence and addresses revenue intelligence officers. The DRI is the main enforcement agency on anti-smuggling matters. It also unearths commercial frauds and cases of customs duty evasion.
- Dec 02, 2022 09:46 AM IST
With rising global inflation, threat of pause as interest rates rise across the world, a national budget can do little to manage domestic public finances. The one outcome it can deliver is to ensure domestic growth continues
- Nov 29, 2022 06:43 PM IST
Speaking on government's GST revenue, Bajaj added that close to about Rs 1.50 lakh crore GST collections on a monthly basis should be the run rate in the coming months
- Nov 28, 2022 06:31 PM IST
Sitharaman held eight rounds of discussions starting with India Inc on November 21 and ending with a round of consultation with economists on Monday.
- Nov 28, 2022 01:45 PM IST
Addressing the national-level summit organised by Vananam to promote inclusion in the start-up ecosystem in India, Nirmala Sitharaman said, "Atmanirbhar Bharat is not just for defence or strategic matters, food security or manufacturing areas. It is also self-sufficiency to be able to transition to a better climate in India."
- Nov 25, 2022 03:16 PM IST
Bhupesh Baghel said the state government has restored the old pension scheme in Chhattisgarh to secure the future of government employees and their families.
- Nov 24, 2022 10:49 AM IST
Market participants said there was a need to harmonise tax rules on different financial products.
- Nov 21, 2022 02:24 PM IST
"The external scenario is likely to continue to be unfavourable for some time. Hence, we must broad-base our domestic economy by creating new sectors of growth and driving employment generation to boost domestic demand, inclusion, and growth," CII president Sanjiv Bajaj said.
- Nov 20, 2022 06:19 PM IST
CII also added that the government should look at reducing the 28 percent GST rate on select consumer durables.
- Nov 18, 2022 07:25 PM IST
The minister would hold virtual meetings on November 21 in three groups with industry chambers, infrastructure sector and environment experts seeking suggestions for the 2023-24 Budget making from stakeholders.
- Nov 18, 2022 02:20 PM IST
Finance Minister Nirmala Sitharaman as the Guest of Honour at World Congress of Accountants, at Jio World Convention Centre, Mumbai. The theme of the event is “Building Trust Enabling Sustainability.” World Congress of Accountants to be held in Mumbai from 18th to 21st November 2022.
- Nov 15, 2022 06:55 PM IST
At the meeting, members resolved to remain vigilant and proactive to ensure that financial markets and financial institutions remained resilient amidst the spillovers arising from evolving global macroeconomic situation, the central bank said
- Nov 14, 2022 03:25 PM IST
While the Reserve Bank of India (RBI) has refused to recognise cryptocurrencies and repeatedly issued warnings against trading in them, the government fired the tax bullet to wean off demand.
- Nov 12, 2022 03:12 PM IST
Finance Minister Nirmala Sitharaman added that public-private initiatives are pushing the nation to the forefront of global innovation.
- Nov 11, 2022 08:14 PM IST
The United States has made a good deal of progress at least in dealing with the issues of illicit finance in connection with cryptocurrencies, she said here.
- Nov 11, 2022 06:59 PM IST
At present, the developed country goal is to pool together $100 billion annually till 2025 to help developing countries mitigate climate change and make the transition to a cleaner future, according to a joint statement from both the countries
- Nov 11, 2022 06:37 PM IST
Nirmala Sitharaman and US Treasury Secretary Janet Yellen met at the 9th India-US Economic Financial Partnership in New Delhi.
- Nov 11, 2022 02:59 PM IST
Yellen said she hoped the discussions with India can be "open, frank, and productive" and that the US was committed to strengthening the bilateral economic relationship and deepening the level of cooperation and collaboration
- Nov 11, 2022 10:50 AM IST
Yellen takes a dig at China and Russia, saying the world had been for too long overly reliant on "risky countries" that "wield trade as a geopolitical weapon"
- Nov 09, 2022 02:40 PM IST
Union Minister Gadkari had on Tuesday said the country is indebted to former prime minister Singh for the economic reforms of 1991 started by him as the finance minister.
- Nov 06, 2022 09:30 AM IST
In August 2019, the central government abrogated Article 370 of the Constitution, which accorded special status to Jammu and Kashmir, and bifurcated the state into Union territories.
- Nov 05, 2022 07:37 PM IST
The temptation to borrow beyond capacity would create intergenerational burden and affect fiscal soundness of the country.
- Nov 03, 2022 09:34 AM IST
Nirmala Sitharaman will be the chief guest at the launch event to be held in the national capital.
- Nov 02, 2022 06:39 PM IST
The Union Minister, who is a Rajya Sabha member from Karnataka, said investors are willing to come to the state because of the record of Karnataka and Bengaluru in facilitating industries.
