Tag Archives: Nirmala Sitharaman

Government Plans About $ 20 Billion Of New Stimulus: Report

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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Power supply banks need to promote RuPay cards, says Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman said at an event on Tuesday that banks should discourage non-digital payments and that state banks should promote RuPay cards over any other card. Addressing the 73rd Annual General Meeting of the Indian Banking Association (IBA) via video conference, he asked banks to ensure …

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