Page 12 - Finance Minister

FM to hold pre-Budget meet with infra, financial sector players on Thursday

As part of pre-Budget deliberations, Finance Minister Nirmala Sitharaman will meet infrastructure and financial sector honchos on Thursday to seek their inputs for Budget 2022-23. The two consultations with different stakeholder groups will be held virtually, the Finance Ministry said. "Finance minister Smt. @nsitharaman will be holding consultations with experts of Industry, Infrastructure & Climate Change in forenoon; and experts of Financial Sector and Capital Markets in afternoon," the ministry said in a tweet. It will be the fourth Budget of Modi 2.0 government and Finance Minister Nirmala Sitharaman. The Budget would come against the backdrop of gradual recovery taking place in the Indian economy hit by the COVID-19 pandemic. The growth this fiscal year is expected to be in double-digit. The RBI in its latest bi-monthly monetary policy review pegged a GDP growth of 9.5 per cent in 2021-22. The government has projected a fiscal deficit of 6.8 per cent of the gross domestic ..

Need collective global action for effective regulation of tech: Sitharaman

Nirmala Sitharaman on Friday called for a "collective global action" for effective regulation of ever-changing technology and tech-driven payment systems.

Eastern UP witnesses 6-fold rise in IT return filers: FM Sitharaman

The number of people filing the IT return in the eastern UP has gone up to 21.83 lakh till March 31, 2021

FM Sitharaman inaugurates projects worth Rs 165 crore in J-K

These include Jhelum and Tawi flood recovery projects

Sitharaman asks industry to start taking risks, invest in capacity creation

Sitharaman said there are clear signs of an uptick in the economy and the industry should now start taking risks and invest in capacity creation that will help cut reliance on imports

FM to meet heads of PSBs; nudge them for credit expansion to boost economy

The two-day meeting would commence on November 17 and undertake a comprehensive review of various segments

Sitharaman meets UK, Singapore, Canada FMs; discusses collaboration

Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada's Deputy Prime Minister & Finance Minister Chrystia Freeland on the sidelines of the G-20 Joint Finance and Health Ministers' meeting. "Finance Minister Smt. @nsitharaman had an engaging discussion with @cafreeland Dy. Prime Minister & Finance Minister of Canada on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome. The Ministers discussed various issues, including economic and health cooperation," a Finance Ministry tweet said. In another tweet, the ministry said: "Finance Minister @nsitharaman met @LawrenceWongST Finance Minister of Singapore on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome ahead of #G20RomeSummit. Noting strong #IndiaSingapore

Festival cheer and beyond: Admirable sangfroid in the face of negative news

The government's recent spate of programmes should be expected to generate some momentum, but the macro-economic numbers are not encouraging, notes T N Ninan

Recovery in demand, consumption stocks likely to be short-lived: Analysts

Measures announced by the FM on Monday, according to A K Prabhakar, head of research at IDBI Capital, though will give some fillip to consumption, demand will be limited into buying only essentials

The Morning Show, Ep 1: Jet Airway, Indian economy, and the middle class

Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers

Trust between govt and industry critical, says FM Nirmala Sitharaman

Sitharaman encouraged continuous feedback and inputs from India Inc, and said discussions with industry had enabled the government to take a series of actions as the pandemic situation evolved

Liquidity no longer a major concern, FM Sitharaman assures India Inc

Banks to kick off new credit-outreach programme by October 15

FM discusses key areas of cooperation to support recovery of BRICS nations

Finance Minister Nirmala Sitharaman on Thursday discussed with her BRICS counterparts the key areas of cooperation that would be crucial in supporting recovery of the grouping's economies

L&T, IRB Infra: Can National Monetisation Pipeline boost infra stocks?

Shares of IRB Infrastructure Developers jumped over 5 per cent, GMR Infrastructure added 2 per cent and Larsen & Toubro Ltd (LT) recovered following five days of bear hammering

FM Nirmala Sitharaman to start two-day visit to Mumbai from Tuesday

Union Finance Minister Nirmala Sitharaman will be visiting the financial capital for two days starting on Tuesday to meet key stakeholders.

Top headlines: FM gives Sept 15 deadline to Infy; Eicher re-appoints Lal

Business Standard brings you the top stories this evening

Vajpayee yrs set ground for UPA era economic growth: Shankar Acharya's book

Vajpayee's political achievement in greatly advancing economic reforms was perhaps even more admirable than Rao's, writes Shankar Acharya in his new book

'Rigorous' work underway to achieve privatisation targets: FM Sitharaman

Sitharaman said on Thursday that the government is undertaking all the "necessary rigorous" work to complete the planned privatisation processes by the end of this financial year.

Tata Sons Chairman N Chandrasekaran meets FM Nirmala Sitharaman

Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman

Sitharaman as FM: Some positive surprises, a few works in progress

Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan