FM Sitharaman begins packed US visit, meeting with top investors planned

New Delhi,  (UNI) In her packed schedule during week-long US visit, Finance Minister Nirmala Sitharaman is set to attend the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Washington besides annual meets of World Bank and IMF.

She will als

India needs 4-5 more banks of SBI’s size, says Nirmala Sitharaman

Mumbai/New Delhi, Sep 26 (UNI) Stressing the need for bigger banks in the country, Finance Minister Nirmala Sitharaman on Sunday said that India needs 4-5 banks of the size of State Bank of India (SBI) in the wake of new requirements.  
"The way in which the

GST Council relief for Covid drugs, plan to include petrol, diesel in GST net off the table

New Delhi, Sep 17 (UNI) The GST Council on Friday decided to continue concessional rate on certain drugs for treating Covid till year-end and lower duty on key anti-Cancer drug Keytruda to 5 per cent while deferring plans to include diesel and petrol in the GST ambit.

Sitharaman to launch National Monetisation Pipeline to auction operating public assets

New Delhi, Aug 22 (UNI) Seeking to speed up monetisation of public assets, Finance Minister Nirmala Sitharaman would on Monday launch the National Monetisation Pipeline (NMP).

Besides providing visibility to private investors, the NMP will also serve as a medium-te

Experts see India's investor-friendly image shoring up as Modi govt proposes to scrap retrospective tax provisions

New Delhi, Aug 5 (UNI) With Modi government proposing to scrap the retrospective tax law, tax experts see many of India’s long-drawn tax disputes with MNCs like Cairn Energy and Vodafone coming to an end and the country shoring up its image as an investor-friendly destinati

Another day of disruptions in Lok Sabha, two bills passed in din

New Delhi, Aug 3 (UNI) The Lok Sabha on Tuesday once again witnessed protests, and was repeatedly adjourned as Opposition members raised slogans on issues like the Pegasus snooping controversy, farm laws, price rise and other issues. The House also passed two Bills in din despite

Cabinet nod to Rs 6.28 lakh cr stimulus package announced by FM

New Delhi, Jun 30 (UNI) The Union Cabinet on Wednesday approved a Rs 6,28,993 crore stimulus package announced by Union Finance Minister Nirmala Sitharaman to bail out the Covid-hit economy.

This was informed by Information and Broadcasting Minister Prakash Javadek

FM Nirmala Sitharaman, US Treasury Secretary Yellen discuss global minimum tax

Washington, Jun 30 (UNI) Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet L Yellen spoke on the phone and discussed global minimum tax.

"Secretary of the Treasury Janet L Yellen spoke with Finance Minister of India Nirmala Sitharaman.

Union Budget a step towards Atmanirbhar Bharat: Sitharaman

New Delhi, Feb 12 (UNI) Finance Minister Nirmala Sitharaman told Rajya Sabha on Friday that the Union Budget 2021-22 was a step towards the Atmanirbhar Bharat. 
Replying to the debate on the Union Budget, she said the poor, farmers, tribal, women and people from disad

Budget focus on agri, infra and health care, eye on poll bound states

New Delhi, Feb. 1 (UNI) Presenting her third budget in Parliament on Monday under the BJP-led NDA government led by Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman announced a slew of measures to facilitate the recovery of the economy battered by the Coronavirus