Nirmala Sitharaman | The Asian Age

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Nirmala Sitharaman Page-12

You are aware that any rate cut on GST needs to be approved first by the fitment committee then by the GST Council. I request all of you to also reach out to the state finance ministers who are part of the GST Council, said Minister of State for Finance Anurag Thakur.

Auto players should take up GST rate cut demand with state FMs: MoS Finance

Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent

06 Sep 2019 3:09 PM

Finance Minister Nirmala Sitharaman (Photo: File)

RSS asks Nirmala Sitharaman to join economy meet

Finance minister Nirmala Sitharaman may hold a meeting with economists and financial experts linked to the Sangh after the three-day conclave.

05 Sep 2019 2:30 AM

What we are doing is, being a responsive government, addressing the issues and we have seen this process in GST also, said I&B Minister Prakash Javadekar. (Photo: File)

Govt doesn't subscribe to Singh's views on handling of economy: Javadekar

Earlier this week, former PM Manmohan Singh had said the state of economy was 'deeply worrying'.

03 Sep 2019 6:15 PM

Currently the public sector lender has 2,900 branches across the country with 21,000 employees, including 11,000 officers.

Merger woes: Bank officers associations to meet in Delhi on Sept 5

All the general secretaries of all banks' officers associations will meet there and finalise the action program to oppose the merger.

03 Sep 2019 2:59 PM

The mergers announced on Friday, together with two set consolidations done last year, will reduce the number of public sector banks to 12 from 27 in 2017.

PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

03 Sep 2019 1:11 PM

FM Nirmala Sitharaman on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized banks. (Photo: File | ANI)

There will not be single job loss due to merger of banks: FM

I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala Sitharaman.

01 Sep 2019 4:55 PM

Finance Minister Nirmala Sitharaman. (Photo: File | ANI)

Govt making all out effort to tackle economic situation: Nirmala Sitharaman

I am meeting industries and taking their inputs, suggestions on what they would want and expect from govt, said FM.

01 Sep 2019 3:06 PM

Shiv Sena slams Modi government over economy

The editorial said that as per the report, the number of bank frauds had increased by 15 per cent.

01 Sep 2019 2:54 AM

Mergers no answer, kickstart investment

In the long term, the government which has a large mandate from the people should undertake land and labour reforms.

01 Sep 2019 12:19 AM

The previous two rounds of bank consolidation, will bring down the number of nationalised public sector banks to 12 from 27 in 2017.

Board to soon consider amalgamation with OBC, United Bank: PNB

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.

31 Aug 2019 2:14 PM

All the anchor banks in the consolidation process will get capital support.

Govt to infuse Rs 55,250 cr for strengthening banks, push lending

Bank of Baroda will get Rs 7,000 crore, Indian Overseas Bank Rs 3,800 crore and Central Bank of India Rs 3,300 crore.

31 Aug 2019 12:34 PM

Govt unveils mega-mergers of PSU banks for economy boost

Number of public sector banks falls to 12, from 27 in 2017.

31 Aug 2019 1:46 AM

Among the measures steps included roll-back of enhanced surcharge on foreign portfolio investment (FPIs) and upfront transfer of Rs 70,000 crore for recapitalisation of public sector banks to give them firepower for lending. (Photo: File)

India’s economic growth at 6-yr-low with GDP growth at 5pc in June quarter, more stimulus expected

Slowdown attributed to dull performance to low consumption, delayed monsoon, rising global trade tensions affecting exports.

30 Aug 2019 7:33 PM

The mergers are part of the government’s attempt to consolidate the public sector banks. (Photo: ANI)

Changes to expect after FM’s announcements on PSU bank mergers

Finance Minister Nirmala Sitharaman said, ‘We want banks with strong national presence and enhanced risk appetite.’

30 Aug 2019 7:14 PM

Finance minister Nirmala Sitharaman. (Photo: ANI)

Fiscal deficit crosses 77 pc of budgeted target in first 4 months of 2019-20

The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.

30 Aug 2019 4:23 PM

Finance Minister Nirmala Sitharaman (Photo: Twitter/ ANI)

More steps soon to help economy: Nirmala Sitharaman

The minister said that the impact of the economic measures would be seen with time, even as the initial response has been encouraging.

30 Aug 2019 12:24 AM

Sitharaman hit out at the Congress for indulging in "huge corruption and scandals" to run the economy and said its tenure saw inflation touching double digits with skyrocketing prices. (Photo: PTI )

After RBI payout, FM Nirmala promises better spending efficiency to push growth

Sitharaman and her junior minister Anurag Thakur held discussions with tax authorities and industry representatives.

29 Aug 2019 8:52 PM

On August 23, Sitharaman had unveiled a slew of measures to boost investor sentiment and prop up the banking and auto sectors.

Stimulus package 'too little, too late' to prevent decline in auto sector: Fitch

Initial stimulus package is not enough to stop the decline in the automotive market, Fitch said.

29 Aug 2019 1:32 PM

The present FDI policy is silent on the fast-growing digital media segment.

After tax incentives, govt brings in FDI reforms to propel growth

The changes in FDI policy will result in making India a more attractive FDI destination.

29 Aug 2019 9:41 AM

The panel submitted its report to Finance Minister Nirmala Sitharaman on August 19 but it has not been disclosed in the public domain. (Photo: ANI)

Govt panel recommends major changes in income tax slab rates

The proposals include lowering the personal income tax for those earning between Rs 10-20 lakh to 20 per cent.

28 Aug 2019 9:13 PM

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Abhijit Bhattacharyya