Job creation, equitable income distribution our priorities, says FM Nirmala Sitharaman

Job creation, equitable income distribution our priorities, says FM Nirmala Sitharaman

The National Investment and Infrastructure Fund will be made more robust, she says The National Investment and Infrastructure Fund will be made more robust, she says Job creation and equitable income distribution are our top red-letter priorities, Finance Minister Nirmala Sitharaman said at the U.S.-India Business Council’s India Ideas Summit, on Wednesday. Inflation is also […]

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Finance Minister to review state of economy at FSDC meeting on September 15

Finance Minister to review state of economy at FSDC meeting on September 15

FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister Finance Minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC), […]

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Nirmala Sitharaman says financial inclusion major step towards inclusive growth

Nirmala Sitharaman says financial inclusion major step towards inclusive growth

Financial inclusion is a major step towards inclusive growth which ensures the overall economic development of the marginalised sections of the society, Finance Minister Nirmala Sitharaman said on Sunday. The success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts […]

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Notices issued to three Chinese mobile companies for tax evasion: Nirmala Sitharaman

Notices issued to three Chinese mobile companies for tax evasion: Nirmala Sitharaman

The Finance Minister said the three chinese mobile companies are Oppo, Vivo India and Xiaomi The Finance Minister said the three chinese mobile companies are Oppo, Vivo India and Xiaomi  The government is looking into cases of alleged tax evasion by three mobile companies of China and notices have been given to them, Finance Minister […]

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‘Cruel’ to hike GST on some essential items of consumption, it will increase inflation: Congress

‘Cruel’ to hike GST on some essential items of consumption, it will increase inflation: Congress

Congress general secretary Jairam Ramesh slammed FM Nirmala Sitharaman over her defence of the hike in GST rates on food items, alleging Modi government is penalising aspiration and a desire to buy more hygienically packed goods. Congress general secretary Jairam Ramesh slammed FM Nirmala Sitharaman over her defence of the hike in GST rates on […]

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Allow India to export foodgrains from public stock to needy nations: FM Nirmala Sitharaman to World Trade Organization

Allow India to export foodgrains from public stock to needy nations: FM Nirmala Sitharaman to World Trade Organization

Finance Minister Nirmala Sitharaman was speaking at a seminar on ‘Strengthening global collaboration for tackling food insecurity’ on sidelines of the third G20 Finance Ministers and Central Bank Governors meeting in Bali, Indonesia. Finance Minister Nirmala Sitharaman was speaking at a seminar on ‘Strengthening global collaboration for tackling food insecurity’ on sidelines of the third […]

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India’s long-term growth prospects embedded in public capital expenditure programmes: FM Nirmala Sitharaman

India’s long-term growth prospects embedded in public capital expenditure programmes: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based policy making is vital for resilient economic systems. Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based policy […]

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Current Account Deficit expected to deteriorate in FY23 on costlier import: FinMin Report

Current Account Deficit expected to deteriorate in FY23 on costlier import: FinMin Report

The review also said global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket. The review also said global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which […]

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Morning Digest | Rishi Sunak tops first round of Tory race for next U.K. PM; India has achieved clean energy targets before deadline, says Power Minister, and more

Morning Digest | Rishi Sunak tops first round of Tory race for next U.K. PM; India has achieved clean energy targets before deadline, says Power Minister, and more

Rishi Sunak tops first round of voting in Tory leadership contest Former finance minister Rishi Sunak led the field of Conservative MPs bidding to become Britain’s next Prime Minister in the first ballot of Tory lawmakers on Wednesday, as the race narrowed to six with the elimination of two candidates. Mr. Sunak, an early frontrunner […]

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