Page 26 - Latest Updates on Nirmala Sitharaman
RBI should be more synchronised with fiscal policy to tackle inflation: FM
Finance Minister Nirmala Sitharaman on Thursday said the Reserve Bank will have to be more synchronised with the fiscal policy and other factors in taming inflation
 "RBI should be more synchronised with fiscal policy to tackle inflation: FM")
Finance Ministry to kick-start budgetary exercise from October 10
During the election year, the government presents Vote on Account for the limited period. Usually the budget is cleared till July
 "Finance Ministry to kick-start budgetary exercise from October 10")
FM Sitharaman stresses on timely completion of IMF 16th quota review
A general review allows the IMF to assess the adequacy of quotas in relation to both the members' balance of payments in financing needs and the Fund's ability to help meet those needs
IMF chief says India 'a bright spot' in an uncertain global economy
Both the leaders shared concerns on key downside risks to the global economy and the cross-border effects due to the geopolitical situation and tighter financial conditions
 "IMF chief says India 'a bright spot' in an uncertain global economy")
Job creation, wealth distribution priority over inflation: FM Sitharaman
The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades
Top headlines:Adani to build 3 giga factories; FM says inflation manageable
Business Standard brings to you top headlines for the evening
 "Top headlines:Adani to build 3 giga factories; FM says inflation manageable")
Inflation has eased to manageable level, says Finance Minister Sitharaman
Job creation and equitable distribution of wealth remain the other focus areas, she said at India Ideas Summit here
16 states/ UTs have on-boarded National Single Window System so far: Report
NSWS is a platform for the guidance of investors to identify and apply requirements according to the need of their business
 "16 states/ UTs have on-boarded National Single Window System so far: Report")
India's digital revolution offers investment opportunities to US, says FM
India's digital revolution offered investment opportunities for the United States, the South Asian country's finance minister said on Wednesday
Low rate regime: Why corporation tax is a hit but not personal tax?
While the new corporation tax regime has drawn a good response, the personal income tax regime seems to have attracted only a lukewarm response
 "Low rate regime: Why corporation tax is a hit but not personal tax?")
Top Headlines: Roadmap to advance economy, 100 mn demat accounts, and more
The country's demat account tally topped the 100 million-mark for the first time, in August. Over 2.2 million new accounts were opened last month
 "Top Headlines: Roadmap to advance economy, 100 mn demat accounts, and more")
Working on road map to advanced economy, says FM Nirmala Sitharaman
Sitharaman said the principal focus would be equitable distribution of wealth so that India grows to become an advanced economy by 2047
India's external debt rises 8.2% to $620.7 bn till Mar 2022: FinMin report
While 53.2% of the debt was denominated in the US dollar, Indian rupee-denominated debt, estimated at 31.2%t, was the second largest, as per the status report released by FinMin
 "India's external debt rises 8.2% to $620.7 bn till Mar 2022: FinMin report")
Top headlines: Liz Truss new UK PM; windfall tax not ad hoc, says FM
Sitharaman said windfall tax on petroleum products, crude is not ad hoc, but being charged in regular consultation with the industry
 "Top headlines: Liz Truss new UK PM; windfall tax not ad hoc, says FM")
Windfall tax on petroleum products, crude not ad hoc: FM Sitharaman
FM said it is unfair to call windfall tax as ad hoc, because the tax rate and its resetting are done in complete consultations with the industry
 "Windfall tax on petroleum products, crude not ad hoc: FM Sitharaman")
'Every Indian has debt of Rs 1.25 lakh': KTR reacts to FM's Telangana jibe
His tweet was apparently in response to Union Finance Minister Nirmala Sitharaman's statement that every child born in Telangana carries a debt of Rs.1.25 lakh
 "'Every Indian has debt of Rs 1.25 lakh': KTR reacts to FM's Telangana jibe")
Sitharaman bullish on double-digit GDP growth, says nation on strong wicket
Hoping for a double-digit growth in GDP in this financial year, Union Finance Minister Nirmala Sitharaman on Saturday said the nation is on a strong wicket
 "Sitharaman bullish on double-digit GDP growth, says nation on strong wicket")
Centre spent Rs 5 trillion on MGNREGA scheme in 8 years: FM Sitharaman
Farmers' debt is rampant in the state and it is ranked fourth in farmers' suicides, Sitharaman further said
Every child born in Telangana carries Rs 1.25 lakh debt: FM Sitharaman
Union Finance Minister Nirmala Sitharaman came down heavily on Telangana's TRS government for raising debts beyond FRBM limits and claimed that every child born in the state carries Rs 1.25 lakh debt
 "Every child born in Telangana carries Rs 1.25 lakh debt: FM Sitharaman")
FM Sitharaman to review state of economy at FSDC meeting on Sep 15
Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council, scheduled on September 15
