The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during 2019-20.
13 Nov 2019 3:09 PM
The incident happened at at the passing out parade of IRS officers on Friday where Sitharaman was the chief guest.
08 Nov 2019 6:29 PM
RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.
07 Nov 2019 1:53 PM
The real estate sector in India has been hit by a severe liquidity crunch this year after a series of debt defaults by NBFC.
07 Nov 2019 8:21 AM
The fund will finance 1,600 stalled housing projects comprising 4.58 lakh housing units across India, said FM Sitharaman.
06 Nov 2019 8:34 PM
Sitharaman on Tuesday said govt will soon use its strong electoral mandate to usher in next wave of reforms.
06 Nov 2019 10:11 AM
India has set an ambitious goal of doubling farmers' incomes by 2022.
28 Oct 2019 7:17 PM
India also ranked Number One in South Asia. India went up ahead by 23 and 30 places, respectively, in the past two years.
25 Oct 2019 1:39 AM
To carry out such epochal reform, a certain degree of centralisation is indispensable.
25 Oct 2019 12:43 AM
India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.
24 Oct 2019 4:07 PM
Bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.
21 Oct 2019 9:58 AM
Sitharaman said, it might be important for the government to now see and meet up with a lot of industry leaders and invite them to India.
20 Oct 2019 5:02 PM
Earlier on Wednesday, former PMC Bank director SS Arora was arrested by the Economic Offences Wing (EOW) of Mumbai Police in the matter.
18 Oct 2019 8:10 PM
Sitharaman is in Washington to attend the annual meeting of the International Monetary Fund or IMF and the World Bank.
18 Oct 2019 9:26 AM
FM was responding on allegations by Singh that govt always try to put blame on its opponents instead of finding solutions.
18 Oct 2019 9:00 AM
The statement came as a response to Sitharaman’s remark blaming Singh and Raghuram Rajan for the bank crisis.
17 Oct 2019 2:47 PM
She assured international investors at an interaction session that the government was continuously working to bring reforms.
17 Oct 2019 8:58 AM
In order to address a problem and find a solution, it is absolutely necessary to first acknowledge that the problem exists.
17 Oct 2019 12:30 AM
Sitharaman said while she is grateful that Rajan did an asset quality review, but people should know what makes the banks ailing today.
16 Oct 2019 12:45 PM
On the projections in the World Economic Outlook report, Gopinath said appropriate steps have been taken.
16 Oct 2019 9:51 AM