Nirmala Sitharaman | The Asian Age

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Nirmala Sitharaman Page-11

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

FM announces package for exports, real estate sector

Growth rate will improve in the second quarter, says Nirmala Sitharaman.

15 Sep 2019 1:39 AM

After the earlier announcements of stimulus package, the situation deteriorated and the latest steps are not going to help, Sharma asserted. (Photo: ANI)

Sitharaman 'clueless', steps to boost economy 'cosmetic': Congress

'The finance minister of India is lacking in macroeconomic understanding,' Congress spokesperson Anand Sharma said.

14 Sep 2019 7:12 PM

Sitharaman also said the interest rate on housing building advance will be lowered and linked to the 10-year G-sec yields.

Government announces steps to boost housing, facilitate homebuyers

This window will help in completion of affordable and middle income housing projects.

14 Sep 2019 4:11 PM

India's merchandise exports declining by 6.05 per cent to USD 26.13 billion in August.

Govt announces Rs 50,000 cr export incentive scheme

The minister also said there will be a fully automated electronic refund route for input tax credits (ITC) in GST.

14 Sep 2019 3:38 PM

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Government announces Rs 10,000 crore for affordable housing, pushes for exports

The govt's previous policy measures included support for auto sector, reduction in tax, and additional liquidity for banks.

14 Sep 2019 3:36 PM

The latest inflation print based on Consumer Price Index was 3.21 per cent in August.

Inflation under control, clear signs of revival in factory output: Sitharaman

The government has mandated the Reserve Bank of India to keep the retail inflation in the band of 2-6 per cent.

14 Sep 2019 3:33 PM

Shiv Sena on Saturday criticised the Centre on the economic situation, job loss and took a swipe at Union ministers Nirmala Sitharaman and Piyush Goyal for their comments on auto sales slump and the state of the economy. (Photo: ANI)

Shiv Sena mocks Piyush, Sitharaman, says 'Shah, Modi doing good, others making task tougher'

Saamana quoted former Prime Minister Manmohan Singh to assert that the Central government was simply managing newspaper headlines.

14 Sep 2019 11:34 AM

However, this argument is not breaking the ground as most of the states are of the view that slowdown in these sectors is because of cyclical and structural issues and not because of GST rates, an official said. (Photo: File | Representional)

GST Council meets next Friday; tax rate cut to hinge on revenue position

The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.

13 Sep 2019 7:19 PM

"What India needs isn't propaganda, manipulated news cycles & foolish theories about millennials, but a concrete plan to #FixTheEconomy that we can all get behind. Acknowledging that we have a problem is a good place to start," he tweeted. (Photo: File)

Need plan to fix economy, not foolish theories about millenials: Rahul's digat Sitharaman

Gandhi's statement came in the backdrop of statement by FM when she said that millennial have adversely affected automobile industry.

12 Sep 2019 2:53 PM

The bankers are on board and "... we shall shortly be coming out with the contours that have been finalised between the Reserve Bank of India (RBI), the finance ministry and the commerce ministry," said Commerce Minister Piyush Goyal. (Photo: File)

Govt to release norms for foreign exchange loans to exporters at affordable rates

The programme will make foreign exchange credit available to exporters at competitive rates, said Commerce Minister Piyush Goyal.

12 Sep 2019 2:24 PM

'People make politically charged statements on 'Om' and 'Cow'; rather they should be worried about our public and pressing issues concerning them. In 2012 when a different government was in power, our Universities were in the top rankings then what happened in the last six years?' SIbal asked. (Photo: FileI)

Kapil Sibal criticises PM Modi of making 'inflammatory' statements

Sibal also condemned Union Transport Minister Nitin Gadkari's decision for implementing new clauses and penalties for traffic violations.

12 Sep 2019 1:40 PM

Union Transport Minister Nitin Gadkari backed Finance Minister Nirmala Sitharaman's claim that the mindsets of millennial were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying own vehicle. (Photo: File)

Gadkari backs Sitharaman's remark on auto sector slowdown, says 'one of the reasons'

Gadkari, known for his astute business skills, said his ministry along with finance is charting out way to uplift automobile industry.

12 Sep 2019 1:06 PM

India has 46 per cent of the car buyers who are first time users.

Millennials opting for Ola, Uber not that a big factor for current slowdown: Maruti Suzuki

Due to increased prices of auto parts, taxes and rise in insurance rates are some of the reasons for slow down in automobile industry.

12 Sep 2019 10:58 AM

Congress seeks FM apology over Uber comment

Singhvi also questioned how the economy would cross five trillion dollars in view of the prevailing circumstances.

12 Sep 2019 1:40 AM

'The question is related to the economy of the country, so it is requested that you study the model of economic development of Chhattisgarh once,' Baghel said. (Photo: File)

'Dear Finance Minister... ': Chhattisgarh CM takes dig at Sitharaman's uber remark

Baghel said: 'Both Ola and Uber are offering their services in our Chhattisgarh, yet the automobile sector has grown.'

11 Sep 2019 11:55 AM

On skidding sales and job losses in the automobile sector, the minister said government departments have been allowed to buy new vehicles. (Photo: File)

'Modi government taken landmark steps in past 100 days,' says Sitharaman

Sitharaman said creating a robust infrastructure is imperative for a fast-growing economy like India.

11 Sep 2019 9:41 AM

The government has announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth, said the minister. (Photo: ANI)

Modi government has taken landmark steps in past 100 days: Sitharaman

Listing major achievements in first 100 days, FM said creating robust infrastructure is imperative for fast-growing economy like India.

10 Sep 2019 5:31 PM

Economy a major headache

Auto sales continued to witness a slump due to the ongoing economic slowdown.

07 Sep 2019 7:13 AM

Govt to aid wealth, job creators

She also clarified that any tax collection shortfall will not affect commitments made for social sector spending.

07 Sep 2019 1:31 AM

Finance Minister Nirmala Sitharaman (Photo: File)

In times of economic anxiety, old is gold indeed

Madame Sitharaman, it is time to rejig outdated rules and challenge Budget traditions.

07 Sep 2019 12:16 AM

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