Page 41 of Nirmala Sitharaman

Finance Ministry to launch special campaign for financial inclusion from Oct 15

During this period, various pendency cases like MPs’ references and state government references, etc are expected to be reduced.

October 2, 2022 20:36 IST

In such a situation, early detection of stress and its timely resolution would be of help to these companies.

We can’t let IBC lose its sheen: FM Sitharaman

The minister highlighted the tepid response to the pre-packaged scheme for MSMEs, under which only the debtor gets to trigger…

October 2, 2022 05:45 IST

Union finance minister Nirmala Sitharaman (PTI photo)

Across the aisle by P Chidambaram: Neglect duty, start controversy Premium Story

The wrangle was triggered by Ms Sitharaman’s accusation — lips pursed, face angry, words harsh — that children who studied…

Updated: October 2, 2022 08:43 IST

economic activities, inflation, nirmala sitharaman

Inflation at manageable level, says Finance Minister Nirmala Sitharaman

On Friday, RBI retained its inflation projection for FY23 at 6.7 per cent amid geopolitical concerns triggered by Russia-Ukraine war,…

October 1, 2022 18:44 IST

IBBI is a key institution in the implementation of the Insolvency and Bankruptcy Code (IBC), which provides for a market-linked and time-bound resolution of distressed firms. The code came into force in 2016.

We cannot afford to lose sheen of IBC: FM Sitharaman

Sitharaman, who is in charge of finance and corporate affairs ministries, was speaking at a function in the national capital…

October 1, 2022 18:01 IST

Mamata govt ‘illegally diverting’ central funds, Suvendu Adhikari alleges in letter to FM Sitharaman

In his letter, Adhikari has pointed out the state government’s modus operandi, reporting delays, up to six months, in releasing…

September 30, 2022 18:17 IST

FM Nirmala Sitharaman to banks: Look into needs of SCs for capacity building, entrepreneurship development

Credit and finance for MSMEs: “The bankers should ensure that the benefits of schemes such as National Livelihood Mission, Credit…

September 27, 2022 19:33 IST

FM Nirmala Sitharaman to review Stand-Up India, Mudra, CGTMSE, other schemes for SCs tomorrow

Credit and finance for MSMEs: According to the ministry, Stand-Up India, Pradhan Mantri Mudra Yojana, National Rural Livelihood Mission (NRLM),…

September 26, 2022 19:20 IST

Affordable housing: Demand, entry of new developers, govt aid, urbanisation help India’s realty sector growth

It is an established fact that the real estate industry is the heart that drives a country’s economic progress. A…

September 26, 2022 13:13 IST

However, India's gross foreign direct investment inflows have been strong over the past few years, totalling $647 billion over the past 10 years on a gross basis and $331 billion on a net basis.

Data Drive: Betting on India

The share of private sector gross fixed capital formation has declined sharply in the past decade—from a peak of 14.3%…

September 26, 2022 05:45 IST

Rupee held up better than others against US Dollar, says FM Nirmala Sitharaman

Speaking at a press conference in Pune after concluding her visit to the Baramati constituency, Sitharaman said efforts were on…

September 25, 2022 05:30 IST

A digitalisation catalyst

Unified Payments Interface has clocked a record high of 6.6 billion transactions in August, with the total value of Rs…

September 21, 2022 04:45 IST

FM Nirmala Sitharaman nudges fintech players to have more engagement with govt

Sitharaman was replying to a question by Kris Gopalakrishnan, Chairman, Global Fintech Fest (GFF) 2022 Advisory Board, who wanted to…

September 20, 2022 15:06 IST

Nirmala Sitharaman, psb, Pradhan Mantri Mudra Yojana, Credit Enhancement Guarantee Scheme

FM Sitharaman to meet chiefs of state-run banks to review schemes for SCs

Financial services secretary Sanjay Malhotra, the chairman of National Commission for Scheduled Castes and senior finance ministry officials are expected…

September 19, 2022 03:45 IST

The minister on Friday also acknowledged that the Centre, state governments and state-owned enterprises have large outstanding dues to the MSME sector.

FM Sitharaman asks corporates to clear dues to MSMEs in 45 days

The central government would also be taking steps to resolve the issue by ensuring that departments and central public sector…

September 17, 2022 06:15 IST

Indian Banks Association, use of Web3, artificial intelligence, nirmala sitharaman,

Customer convenience: Banks’ systems should talk to each other, says FM Sitharaman

Use of new technology will also aid in increasing the efficiency of banks to prevent fraud detection, unusual transactions and…

September 17, 2022 04:45 IST

NSE-listed companies, Nirmala Sitharaman, Women Directors Conclave at the BSE, women on Indian boards

No excuse for not hiring more female leaders: FM Sitharaman

The government can’t push companies any more to have more women on boards, she said, adding that the pressure to…

September 17, 2022 02:00 IST

FM Nirmala Sitharaman asks private sector to clear MSME dues in 45 days

Conceding that the Centre, state governments and state-owned enterprises have outstanding dues to the MSME sector, Sitharaman said the private…

September 16, 2022 13:10 IST

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Muthoot Finance denies money laundering and fraud allegations against its MD, clarifying that he was called by the Enforcement Directorate for clarifications on the company’s involvement with NCDs from Srei group companies. The company firmly refutes the claims and emphasizes that there is no connection between Muthoot Finance and Srei Cos.

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