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Page 23 - Finance Minister

Letter to BS: India needs strong and honest FM or PM to clean the system

Manmohan Singh cleaned up the department of corrupt officers at a very high level in one big sweep.

Letter to BS: India needs strong and honest FM or PM to clean the system
Updated On : 01 Oct 2019 | 8:50 PM IST

Homebuyers unlikely to gain from reduction in corporation tax rates

Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts

Homebuyers unlikely to gain from reduction in corporation tax rates
Updated On : 26 Sep 2019 | 2:03 AM IST

Now, the kitchen sink: Finance minister has kissed fiscal restraint goodbye

Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan

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Updated On : 23 Sep 2019 | 1:35 PM IST

FM's tax cut: Buyback relief for firms as retrospective rule goes

About 18 cos had announced buybacks worth nearly Rs 15,000 crore between April 1 and July 5

FM's tax cut: Buyback relief for firms as retrospective rule goes
Updated On : 21 Sep 2019 | 2:32 AM IST

Investor wealth up by Rs 6.8 trillion in a day following FM's announcements

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day

Investor wealth up by Rs 6.8 trillion in a day following FM's announcements
Updated On : 20 Sep 2019 | 6:04 PM IST

FM versus Biocon chief on Twitter over e-cigarettes settles amicably

Shaw, head of Biocon, had earlier wondered why the finance minister, and not the health minister, addressed the press conference

FM versus Biocon chief on Twitter over e-cigarettes settles amicably
Updated On : 19 Sep 2019 | 10:57 PM IST

FM defends handling of economy after criticism over lack of fiscal measures

While Sitharaman tweets regularly about her ministry's achievements and her personal life, including her love for making pickles, she's rarely responded to social media criticism

FM defends handling of economy after criticism over lack of fiscal measures
Updated On : 19 Sep 2019 | 12:52 PM IST

The legacy issues of public sector banks

Disappearance of public sector banks will be resented by the common man

The legacy issues of public sector banks
Updated On : 13 Sep 2019 | 1:08 AM IST

Govt will respond to automobile industry's demand, says FM Sitharaman

Car companies' demand for a tax cut will be decided at the GST Council's meeting in Goa on September 20, says the finance minister.

Govt will respond to automobile industry's demand, says FM Sitharaman
Updated On : 11 Sep 2019 | 2:48 AM IST

Bravo FM, but it's only half the job done

The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking

Bravo FM, but it's only half the job done
Updated On : 08 Sep 2019 | 9:25 PM IST

Finance ministry to ask CPSE heads to expedite capital expenditure

According to official sources, the finance ministry will review the progress made by various CPSEs with regard to their capital expenditure

Finance ministry to ask CPSE heads to expedite capital expenditure
Updated On : 05 Sep 2019 | 9:51 PM IST

FM meets representatives of infrastructure sector amid economic slowdown

The representatives of the infrastructure sector expressed their issues and concern to the finance minister during the meeting

FM meets representatives of infrastructure sector amid economic slowdown
Updated On : 04 Sep 2019 | 6:16 PM IST

RBI's surplus transfer isn't a silver bullet; govt shouldn't get complacent

Excitement in the markets may lull the government into wrongly believing that all the economy's woes are over and the problems have been fixed

RBI's surplus transfer isn't a silver bullet; govt shouldn't get complacent
Updated On : 28 Aug 2019 | 12:09 PM IST

Letter to BS: Banks are at last moving towards floating rate of interest

The RBI's efforts should therefore move towards a market-determined benchmark cost for funds

Letter to BS: Banks are at last moving towards floating rate of interest
Updated On : 27 Aug 2019 | 9:47 PM IST

Letter to BS: Arun Jaitley's life was much more than his term as FM

His commitment to Narendra Modi was total and he did his best to justify them

Letter to BS: Arun Jaitley's life was much more than his term as FM
Updated On : 26 Aug 2019 | 9:49 PM IST

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore, she said at a press conference

Govt to upfront infuse Rs 70,000-cr capital into public sector banks
Updated On : 23 Aug 2019 | 7:34 PM IST

FM Sitharaman assures steps to boost liquidity, demand in realty sector

To chair another meeting to discuss stalled projects

FM Sitharaman assures steps to boost liquidity, demand in realty sector
Updated On : 12 Aug 2019 | 1:27 AM IST

Govt to remove 'friction points' in growth, but won't lower GST: Report

The set of measures being firmed up by the finance ministry is based on the feedback received by Finance Minister Nirmala Sitharaman during her interactions with different stakeholders

Govt to remove 'friction points' in growth, but won't lower GST: Report
Updated On : 11 Aug 2019 | 3:07 PM IST

Budget 2019: FM proposes to increase minimum public shareholding to 35%

Presenting her maiden Union Budget, Sitharaman said the government has already written to Sebi regarding the matter

Budget 2019: FM proposes to increase minimum public shareholding to 35%
Updated On : 05 Jul 2019 | 12:49 PM IST

Gosh! So many Tamil FMs: History repeats itself, again

Like Nirmala Sitharaman, India's first finance minister, R K Shanmukham Chetty, was from Tamil Nadu. And so were T T Krishnamachari, C Subramaniam, R Venkataraman and P Chidambaram

Gosh! So many Tamil FMs: History repeats itself, again
Updated On : 04 Jul 2019 | 12:25 PM IST