Cite constraints on revenue, already hit by Covid lockdowns; 'ball in Centre's court'
Sitharaman participated virtually in the First G20 Finance Ministers and Central Bank Governors meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery
Besides, SpiceJet plans to lease seaplanes from India; Hindustan Aeronautics will explore channelising lease agreement--being discussed with Alliance Air for two Dornier aircraft--through IFSC
The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session
Says Budget shows govt trusts wealth creators, marking directional change
On a separate note, Sitharaman says govt's intent is not to shut down PSUs but it wants pvt sector to infuse more capital and bring operational efficiency
She lauded the reform of faceless assessment for direct and indirect taxes, saying that tax terrorism will be a thing of the past, but also warned that "technology terrorism" will now gain ground
Move will spur competition, promote efficiency in customer service standards
Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms
The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs
Railway ministry denies charge, says divestment planned for next year
Sitharaman underlined that the nation's growing and aspiring needs and demands across various sectors cannot be served just by state government and central governments put together
Sitharaman underlined that the nation's growing and aspiring needs and demands across the various sectors cannot be served just by the state government and central governments put together
Petrol and diesel prices are at record highs
The Finance Minister said it is a matter for which the Centre and state governments need to work together and see whether there is a way to fix the issue
Asks rating agencies to be mindful of relative spending spree of economies
Finance Minister Nirmala Sitharaman on Saturday exhorted India Inc to unleash animal spirits and bring in fresh investment to make India one of the fastest growing economies of the world.
New Delhi has time till March 21 to file an appeal in accordance with a 90-day window
An asymmetric tax policy and the Navaratna's own fleet quality could make potential buyers wary
The Government of India, on the recommendation of (IFSCA), on October 16, 2020 had notified aircraft lease norms, an official statement said