PM Modi to address 12 webinars for effective implementation of Union Budget initiatives

PM Modi to address 12 webinars for effective implementation of Union Budget initiatives

Prime Minister Narendra Modi will address 12 post-Budget webinars as part of efforts by the union ministries to build on the “Saptarishi” priorities outlined in the Union Budget presented in Parliament on February 1. The webinars will be focussed on synergising efforts of various ministers and departments and all concerned stakeholders towards the preparation of […]

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Funds deposited for NPS cannot be transferred to State governments: Centre

Funds deposited for NPS cannot be transferred to State governments: Centre

Union Finance Minister Nirmala Sitharaman addresses a press conference on Union Budget 2023-24, in Jaipur, on February 20, 2023. | Photo Credit: PTI The Central government on February 20 again clarified that the funds deposited for National Pension Scheme (NPS) cannot be given to State governments as per the current laws. Both Finance Minister Nirmala […]

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Govt. monitoring imports to detect any surge that can hurt economy: Finance Minister

Govt. monitoring imports to detect any surge that can hurt economy: Finance Minister

Union Finance Minister Nirmala Sitharaman delivers the keynote address at the ASSOCHAM interactive session on the theme ‘India’s role in the Emerging World Order’, in New Delhi on February 15, 2023. | Photo Credit: ANI The government was keeping a “keen eye” on merchandise import trends to assess if there “was flooding” of any particular […]

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Fact check: This old photo does not show Jayalalithaa with Nirmala Sitharaman

Fact check: This old photo does not show Jayalalithaa with Nirmala Sitharaman

The viral social media post claiming to show late Tamil Nadu CM Jayalalithaa with Union Finance Minister Nirmala Sitharaman. A photograph purporting to show late Tamil Nadu Chief Minister Jayalalithaa with Union Finance Minister Nirmala Sitharaman has gone viral on social media. pic.twitter.com/tFAukHQ65n — രാജൻ ഉണ്ണി (@rajannair2107) February 13, 2023 The Twitter post has been […]

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Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session of the Parliament, in New Delhi, on December 21, 2022. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on December 21 said the government is keeping an eye on inflation which is purely “extraneous” nowadays because of the fuel and fertilizer prices. […]

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Budget this year to follow spirit of earlier ones: Sitharaman

Budget this year to follow spirit of earlier ones: Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman at the 95th Annual Convention and AGM of FICCI, in New Delhi, Friday, Dec. 16, 2022. (PTI Photo/Atul Yadav) (PTI12_16_2022_000064B) | Photo Credit: – Finance Minister Nirmala Sithataman on December 16 indicated that her forthcoming Budget will continue to push growth on the back of public spending as she […]

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Nov WPI inflation hits 21-month low of 5.85%; FM says govt will work to further bring down inflation

Nov WPI inflation hits 21-month low of 5.85%; FM says govt will work to further bring down inflation

Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during Winter Session of Parliament, in New Delhi, on Dec. 14, 2022. | Photo Credit: PTI The wholesale price-based inflation fell to a 21-month low of 5.85% in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has […]

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RBI sells .42 billion in April-September FY23 to curb rupee volatility

RBI sells $33.42 billion in April-September FY23 to curb rupee volatility

File image. | Photo Credit: PTI The Reserve Bank of India (RBI) net sold $33.42 billion in the foreign exchange market in the first six months of current fiscal to defend the rupee from excessive volatility. The Central Bank closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by containing […]

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India said to offer incentives to boost shipbuilding industry

India said to offer incentives to boost shipbuilding industry

India could save at least $25 billion annually in foreign exchange if government incentives helped private companies to develop the local shipping industry, says FIEO director general Ajai Sahai. | Photo Credit: Special Arrangement India plans to offer cash subsidies, lower taxes and other incentives to bolster its shipbuilding industry, two government sources said, as […]

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Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Nirmala Sitharaman | Photo Credit: PTI India plans to sustain its high growth rate through more government capital spending but will also focus on health and education next year, Finance Minister Nirmala Sitharaman told  the Reuters NEXT conference on Wednesday. Ms. Sitharaman was speaking amid consultations for the next Budget, which is expected to be […]

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