CALCUTTA: Finance Minister Nirmala Sitharaman said on Thursday that the government has taken various measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the Covid-19 pandemic. Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman …
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NEW YORK: Minister of Finance Nirmala Sitharaman, US Vice President-elect Kamala Harris, Founder of Biocon Kiran Mazumdar-Shaw and HCL Enterprise CEO Roshni Nadar Malhotra have been named among the 100 more powerful women by Forbes, a list headed by German Chancellor Angela Merkel for the tenth year in a row. …
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NEW DELHI: The government will not worry about not meeting its budget deficit target as it seeks to increase spending to support the economy, said Finance Minister Nirmala Sitharaman. Stimulus spending will not decline quickly, he said in an interview. The government and the central bank together have struck a …
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NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday it announced a new set of measures, involving an estimated spending of Rs 1.2 lakh crore, to boost demand, help create jobs, increase infrastructure and ensure growth returns to normal. At a press conference, he set the value of the package at …
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To ease home buyers, the government on Thursday doubled the tax exemption limit on the price differential between the circular rate and the deal value to 20%, a key component of the new economic stimulus package of 2.65 crore which also includes easy working capital for loans to 26 sectors …
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Finance Minister Nirmala Sitharaman said Thursday that global rating agency Moody’s has reassessed the country’s growth figures after noting the rapid recovery from Covid-19 in the country. “I would like to announce some new measures in the series of stimulus announcements that we have been making … there are quite …
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Finance Minister Nirmala Sitharaman will report to the media at 12:30 pm on Thursday. His speech comes a day after the government approved a Rs 2 lakh crore package of production-linked incentives (PLI) to boost demand in the country. To boost domestic manufacturing in the identified sectors, the Center authorized …
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NEW DELHI: India plans to announce a new round of stimulus totaling about $ 20 billion this week to help lift the economy out of its historic contraction, government officials said Wednesday. The package would follow Wednesday’s previous announcement of production-linked incentives worth around $ 27 billion over five years …
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NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday it said there were visible signs of recovery, but India gross domestic product (GDP) could be in negative zone or close to zero in the current fiscal year in the wake of the ongoing coronavirus pandemic. Speaking at CERAWeek’s India Energy Forum, …
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NEW DELHI: On Saturday, the BJP accused Congress of “selective outrage” when the saffron party questioned the main opposition’s silence on the rape and murder of a six-year-old girl from a migrant family from Bihar in the Hoshiarpur district of Punjab. Finance Minister Nirmala Sitharaman questioned “compatible with tweets” Rahul …
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