Page 22 - Latest Updates on Nirmala Sitharaman
G20 has great potential to work towards global good: Finance Minister
Ahead of India taking over the presidency of G-20 in December, FM Nirmala Sitharaman said the grouping of the top 20 economies of the world has great potential to work towards the global public good
 "G20 has great potential to work towards global good: Finance Minister")
Energy rate, availability among short-term challenges for India: Sitharaman
Energy prices and availability are among the biggest problems facing the Indian economy in the near future, Finance Minister Nirmala Sitharaman said
 "Energy rate, availability among short-term challenges for India: Sitharaman")
Sitharaman says India's growth rate to be around 7% this financial year
Amidst reports of a global recession and downgrading of growth rates of almost all major economies, FM Nirmala Sitharaman forecast the country's growth rate to be around 7 per cent this financial year
 "Sitharaman says India's growth rate to be around 7% this financial year")
Advanced nations must take responsibility for global spillover: Sitharaman
Cautioning the West against imposing sanctions on countries, Nirmala Sitharaman said in the near-term, advanced nations must take responsibility for the "global spillover" of their policy decisions
 "Advanced nations must take responsibility for global spillover: Sitharaman")
FM Sitharaman on US visit from today; to attend IMF-WB annual meetings
Union Finance Minister Nirmala Sitharaman will arrive here on Tuesday to attend an important meeting of the International Monetary Fund and the World Bank
 "FM Sitharaman on US visit from today; to attend IMF-WB annual meetings")
FM Sitharaman to leave for US to attend IMF-World Bank, G-20 meetings
The finance minister will also have a one-on-one meeting with Janet Yellen
 "FM Sitharaman to leave for US to attend IMF-World Bank, G-20 meetings")
Sitharaman to leave for US on Tuesday to attend IMF, World Bank meetings
Finance Minister Nirmala Sitharaman will leave for the United States on Tuesday to attend the annual meetings of the IMF and World Bank, which are likely to deliberate on the global economic situation
 "Sitharaman to leave for US on Tuesday to attend IMF, World Bank meetings")
Capital expenditure by CPSEs accelerates to 43% of FY23 target in H1
While CPSEs spent Rs 2.8 trillion in capex in the first half of FY23, they had invested Rs 2.19 trillion during the year-ago period, registering 27.85 growth per cent
 "Capital expenditure by CPSEs accelerates to 43% of FY23 target in H1")
Finance Minister's video of buying vegetables evokes mixed reactions
Finance Minister Nirmala Sitharaman, in a video shared by her office, was seen buying vegetables during her day-long visit to Chennai
 "Finance Minister's video of buying vegetables evokes mixed reactions")
KCR stopped going to state secretariat on advice of tantriks: FM Sitharaman
Union minister Nirmala Sitharaman hit out at Telangana Chief Minister K Chandrashekar Rao on Saturday, alleging that he stopped going to the state secretariat on the advice of "tantriks"
CCI needs to be abreast of global best practices on mergers: FM Sitharaman
Finance Minister stressed upon the need for the federal competition watchdog to communicate more
FM to attend World Bank-IMF annual meeting, drive investor outreach
May hold bilateral meetings with counterparts of other nations. There could also be a G-20 meeting on the sidelines, with focus on India's upcoming presidency of the multi-nation grouping
Exporters urge FM Sitharaman to extend GST exemption on export freight
An organisation of exporters wrote to Union Finance Minister Nirmala Sitharaman, urging her to extend the Goods and Services Tax (GST) exemption on export freight that lapsed on September 30
 "Exporters urge FM Sitharaman to extend GST exemption on export freight")
Exporters call on FM Sitharaman to extend GST exemption on export freight
If the exemption is not extended, exporters will have to pay GST of 18% on export ocean freight, which will increase the logistical costs for Indian goods in global market
 "Exporters call on FM Sitharaman to extend GST exemption on export freight")
FinMin's special campaign in seven districts to deepen financial inclusion
Campaign will work to achieve saturation in respect of bank accounts, insurance/pension schemes; distribution of loans to FPOs, SHGs for setting up cold-chain infra, KCC penetration, among other thing
 "FinMin's special campaign in seven districts to deepen financial inclusion")
Economy seen as sweet spot world over; inflation at manageable level: FM
Finance minister Nirmala Sitharaman on Saturday said inflation is at a manageable level.
 "Economy seen as sweet spot world over; inflation at manageable level: FM")
We cannot afford to lose sheen of insolvency law, says FM Sitharaman
Union Minister Nirmala Sitharaman on Saturday said insolvency law cannot lose its "sheen"
Inflation, external pressure priority over growth: Finance ministry
The MPC also cut its FY23 GDP growth forecast to 7 per cent from 7.2 per cent, with Governor Shaktikanta Das acknowledging that there were downside risks to economic growth
 "Inflation, external pressure priority over growth: Finance ministry")
CBDT targets resolving about 3,000 taxpayers' grievances by Oct-end
Sources in the tax department attributes it to the difficulties, taxpayers faced due to some glitches in the new portal since its inception in June of last year.
 "CBDT targets resolving about 3,000 taxpayers' grievances by Oct-end")
Six months on, crypto tax leading to siphoning of India's wealth: Experts
The crypto industry is largely unregulated in India, and the central government, along with the Reserve Bank of India (RBI), have repeatedly refused to make cryptocurrencies legal
 "Six months on, crypto tax leading to siphoning of India's wealth: Experts")
