[ad_1] Finance Minister Nirmala Sitharaman will hold a press conference at 4 pm today. This will be their third press conference in the same number of days. Sitharaman has been announcing the tranches of the Rs 20 lakh crore package announced by Prime Minister Narendra Modi. Prime Minister Modi had …
Read More »FinMin distributes the details of the draft of the automatic loan scheme of ₹ 3 lakh crore to MSMEs
[ad_1] The finance ministry has sent a draft circular to banks detailing the implementation of automatic unsecured loans for companies, including micro, small and medium-sized companies, according to a senior banker familiar with the matter. The scheme was announced as part of the ₹20 trillion packages of Atmanirbhar Bharat Abhiyan …
Read More »Jaishankar applauds Sitharaman’s “bold initiatives”, says “foreign policy starts at home”
[ad_1] Foreign Minister S Jaishankar praised Finance Minister Nirmala Sitharaman’s announcements on Thursday under the government’s Rs 20 lakh crore stimulus package and described them as “bold initiatives”. “Foreign policy begins at home. A strong economy allows our voice to be heard in the world. Applaud the bold initiatives of …
Read More »The second phase of FM Sitharaman’s announcement about the economic package today at 4 p.m.
[ad_1] Union Finance Minister Nirmala Sitharaman will speak to the media again at 4 p.m. Thursday. This occurs a day after she held a press conference and shared details of the stimulus package on Wednesday. On Wednesday, the finance minister said that, in the coming days, his team will go …
Read More »Tax break to provident fund: What stimulus has for you and economy
[ad_1] Finance Minister Nirmala Sitharaman on Wednesday gave details of a Rs 20-trillion package to support an economy battered by a weeks-long lockdown to contain the coronavirus pandemic. Here are key highlights from what she said: 1. Tax-related measures From tomorrow, till March 31, 2021, TDS and TCS rates reduced …
Read More »Government implements 15 measures to stimulate the economy
[ad_1] New Delhi: Finance Minister Nirmala Sithraman announced Wednesday 15 measures to help the economy recover and drive its future growth based on Prime Minister Narendra Modi’s vision of self-sufficient India. Six of the measures correspond to one of the most affected sectors, micro, small and medium-sized enterprises (MSMEs), the …
Read More »How many zeros in 20 Lakh Crore? Netizens turn to Google after FM address
[ad_1] File photo of Union Minister Nirmala Sitharaman. Sitharaman announced a series of measures on income tax, real estate and the contribution of the EPF under the Rs 20 lakh crore economic package of the Center to alleviate the losses suffered due to the blockade. News18.com Last update: May 13, …
Read More »FM Nirmala Sitharaman will announce the details of the Rs 20 lakh crore economic package from the Center at 4 pm today
[ad_1] Union Finance Minister Nirmala Sitharaman will report to the media on Wednesday at 4 pm. In his speech, Sitharaman will share the details of the Rs 20 lakh crore economic stimulus package that Prime Minister Modi announced on Tuesday to fight Covid-19. In a series of tweets, the finance …
Read More »Equity markets may encourage the stimulus package of Rs 20 trn; SGX Nifty jumps 5%
[ad_1] Stock markets are expected to encourage the long-awaited stimulus package announced by Prime Minister Narendra Modi on Tuesday. However, earnings may be limited as investors will wait for finer details before raising the ante. Following the announcement of a Rs 20 trillion package, Nifty contracts traded on the SGX …
Read More »PSU banks sanction $ 5.95 trillion of loans from March 1 to May 8
[ad_1] The Union Finance Ministry said Tuesday that public sector banks (PSBs) sanctioned ₹$ 5.95 trillion in loans to small businesses, retailers, agriculture and corporate sectors between March 1 and May 8. “PSB sanctioned loans for value ₹5.95 trillion for more than 467,400 MSMEs accounts (micro, small and medium-sized companies), …
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