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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The Union government may look to its cash-rich public sector companies and those who are falling behind in their capital spending plans for the current fiscal to declare higher dividends this year to reward their shareholders in this difficult period. of the Covid-19 pandemic. Official sources said USPs with stock …
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Speaking at the 18th edition of the Hindustan Times Leadership Summit, Sitharaman appeared to suggest that apart from the economic downturn before and after the pandemic, frequent adjustments in GST rates negatively affected revenue collection. “Ideally, I have been requesting that the council not decide at each of its sessions …
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As the Indian economy faces one of its most difficult times in the wake of the new coronavirus pandemic, which has affected the entire world for more than ten months, Sitharaman spoke with R. Sukumar, editor-in-chief of the Hindustan Times. The session will revolve around the economy after the Covid-19 …
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Amid furious protests by farmers against the new farm laws, the Union’s finance minister, Nirmala Sitharaman, said that the government intends to continue with the minimum support price (MSP) mechanism for agricultural products. . At the Hindustan Times Leadership Summit on Friday, he said he is hopeful for a solution …
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The Union Finance Minister Nirmala Sitharaman said on Friday that with the arrival of Covid-19 soon, the country’s economic recovery will gain momentum. He also spoke about the budgetary provision for the Covid-19 vaccine and said that without more details about the vaccine, it will be difficult to comment on …
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India’s economy contracted 7.5% in the July-September quarter after a record 23.9% drop in the previous three months, pushing the country into a recession for the first time in its history. The contraction came despite the government lifting a strict two-month lockdown imposed across the country in March after the …
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On Thursday, the Finance Ministry formally informed banks and non-bank finance companies (NBFC) about the expanded Emergency Line of Credit Guarantee Scheme (ECLGS) 2.0. The guaranteed loan scheme was previously announced by Finance Minister Nirmala Sitharaman as part of Atmanirbhar Bharat’s third fiscal stimulus. The scheme will provide guaranteed credit …
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Reforms and stake sales in state-owned companies will continue even as India refines rules and procedures to make life easier for companies and strives to achieve self-sufficiency, Finance Minister Nirmala Sitharaman told business leaders on Monday. The government’s program to sell stakes in state-owned companies will accelerate in the coming …
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Reforms and the sale of stakes in state-owned companies will continue even as India refines rules and procedures to make life easier for companies and strives for self-sufficiency, Finance Minister Nirmala Sitharaman told industry leaders on Monday. . Sitharaman told business leaders that the government’s program for the sale of …
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