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Finance Minister

Revamped Loan Guarantee Scheme For Micro, Small Enterprises To Be Implemented From April 1

In Budget 2023-24, finance minister Nirmala Sitharaman announced the revamping of credit guarantee scheme for micro and small enterprises with effect from April 1, 2023, with an infusion of Rs 9,000 crore to the corpus to...

31 March 2023

No Direction On Loading Rs 2,000 Notes In ATMs: Finance Minister Nirmala Sitharaman

RBI in consultation with the government has announced various measures recently to diversify and expand the sources of forex funding to mitigate exchange rate volatility and global spillovers

20 March 2023

 Subscribers of APY get a minimum guaranteed pension of Rs 1,000 to Rs 5,000 per month after attaining 60 years of age, depending on their contributions

NPS, APY Subscribers Rise 23% In FY23; Over 1 Crore Customers Added Under Atal Pension Yojana

The total pension assets under management (AUM) under NPS and APY grew 23.45 per cent year-on-year to Rs 8.82 lakh crore as of March 4, 2023

10 March 2023

Japanese FM Yoshimasa Hayashi

 Japan FM Hayashi To Visit China Amid Friction Over Detained Japanese

Japanese Foreign Minister Yoshimasa Hayashi is expected to demand the release of the detained Japanese national, discuss security concerns in the region and ask China to act “responsibly” on global issues including...

31 March 2023

Vande Bharat Express train

Parliament Panel Raises Concern Over Pace Of Vande Bharat Train Production

The Committee also noted that during the budget speech of 2022-23, the finance minister had announced 400 Vande Bharat trains.

13 March 2023

Madhya Pradesh CM Shivraj Singh Chouhan

MP Govt To Table State Budget; Populist Schemes Likely In Election Year

A majority of the focus will likely be on populist schemes as the state Assembly polls are due by the end of the year, says Madhya Pradesh Finance Minister Jagdish Devda.

01 March 2023

Delhi AAP Minister Kailash Gahlot

Finance Minister Gahlot Presents Rs 78,800-Cr Budget For 2023-24 In Delhi Assembly

On Wednesday, Finance Minister Kailash Gahlot presented a Rs 78,800 crore budget in the Delhi Assembly for the financial year 2023-24.

22 March 2023

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Nirmala Sitharaman

Identity Of Sikkimese People Intact: Sitharaman

On Monday, Union Finance Minister Nirmala Sitharaman said the identity of Sikkimese people is intact as the Supreme Court has expunged its remark that they are Nepali migrants.

27 February 2023

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23 February 2023
Measures Announced In Budget To Promote Jobs, Spur Economic Growth: Finance Ministry

Measures Announced In Budget To Promote Jobs, Spur Economic Growth: Finance Ministry

The 2023-24 Budget has yet again provided a capex stimulus to growth by increasing the Centre's capex budget to Rs 10 lakh crore -- 33 per cent higher than the...


22 February 2023
First G20 Finance Ministers & Central Bank Governors Meeting To Discuss Key Global Economic Issues

First G20 Finance Ministers & Central Bank Governors Meeting To Discuss Key Global Economic Issues

The discussions in the G20 FMCBG meeting scheduled on February 24 and 25 here, to be jointly chaired by Union Finance Minister Nirmala Sitharaman and Governor,...


16 February 2023
Budget Prepared Keeping Mind External Challenges Also: Finance Minister Nirmala Sitharaman

Budget Prepared Keeping Mind External Challenges Also: Finance Minister Nirmala Sitharaman

In an interactive session on the Budget, she said the focus was on the common man and weaker sections and to ensure that their businesses are supported, their...


16 February 2023
Punjab FM Cheema Holds Meetings With State Officials For Upcoming Budget

Punjab FM Cheema Holds Meetings With State Officials For Upcoming Budget

Punjab Finance Minister Harpal Singh Cheema on Wednesday commenced pre-budget meetings with the state officials to finalise budget estimates for various...


13 February 2023
GST Compensation To Some States Delayed Due To Lack Of Accountant General Certificate: Nirmala Sitharaman

GST Compensation To Some States Delayed Due To Lack Of Accountant General Certificate: Nirmala Sitharaman

The finance minister said if there is any delay of getting the AG's authentication, it is a matter between the AG and the state government concerned, and they...


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11 February 2023
Nirmala Sitharaman Says Govt Washing 'Sins' Of Oil Bonds, Weak Bank Balance Sheets Left Behind By UPA

Nirmala Sitharaman Says Govt Washing 'Sins' Of Oil Bonds, Weak Bank Balance Sheets Left Behind By UPA

Replying to a discussion on Budget in the Rajya Sabha, she said the UPA government issued oil bonds to oil companies in lieu of losses they incurred on not...


10 February 2023
New Tax Regime To Leave Higher Disposable Income In Hands Of People: Finance Minister Nirmala Sitharaman

New Tax Regime To Leave Higher Disposable Income In Hands Of People: Finance Minister Nirmala Sitharaman

Sitharaman said the new tax regime announced in the Budget is "very attractive" as the tax exemption limit has been hiked to Rs 3 lakh, from Rs 2.5 lakh...


09 February 2023
Finance Minister Urges IMF To Develop Globally Coordinated Approach To Crypto Asset Regulations

Finance Minister Urges IMF To Develop Globally Coordinated Approach To Crypto Asset Regulations

Sitharaman stressed the need to ensure food and energy security for all and asked the IMF for support to the Indian Presidency in the form of detailed...


05 February 2023
Finance Secy Should Re-Examine His Theory That Housing Loans Not A Saving: Chidambaram

Finance Secy Should Re-Examine His Theory That Housing Loans Not A Saving: Chidambaram

On Sunday, Senior Congress leader and former finance minister P Chidambaram urged Finance Secretary T V Somanathan to "re-examine his theory" that a housing...


02 February 2023
Budget Disconnected From People States Not Getting Their Share Of Revenue: Amit Mitra

Budget Disconnected From People States Not Getting Their Share Of Revenue: Amit Mitra

A well-known economist Amit Mitra, former finance minister of Bengal expressed disappointment that the Union Budget did not address the issues of tackling...


01 February 2023
Television Prices To Be Reduced By Rs 3,000 As Government Cuts Down Custom Duty On Imported Parts: Budget 2023-24

Television Prices To Be Reduced By Rs 3,000 As Government Cuts Down Custom Duty On Imported Parts: Budget 2023-24

Locally manufactured television sets will become cheaper by up to Rs 3,000 with finance minister Nirmala Sitharaman on Wednesday announcing reduction in basic...


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01 February 2023
India Has Made Significant Progress In Many SDGs: Finance Minister

India Has Made Significant Progress In Many SDGs: Finance Minister

The efforts of the government since 2014 have ensured better quality of life for citizens of the country, Sitharaman added


24 January 2023
New Gujarat Government To Present The First  Budget On Feb 24

New Gujarat Government To Present The First Budget On Feb 24

On Tuesday, Speaker Shankar Chaudhary said the budget session of the newly constituted Gujarat Assembly will be held from February 23 to March 29, while the...


20 January 2023
Budget Should Bring Mutual Funds On Tax Parity With NPS

Budget Should Bring Mutual Funds On Tax Parity With NPS

The Budget 2023 has a lot of expectations from the market as it happens to be the last one before the 2024 general elections.


18 January 2023
Punjab's Former Finance Minister Manpreet Singh Badal Joins BJP After Quitting Congress Over 'Factionalism'

Punjab's Former Finance Minister Manpreet Singh Badal Joins BJP After Quitting Congress Over 'Factionalism'

Former Congress leader from Punjab Manpreet Badal said that a coterie of men in Delhi is running affairs in Punjab and have only increased factionalism. 


11 January 2023
Youth Associations Urge PM, Finance Minister To Increase Taxes On Tobacco Products

Youth Associations Urge PM, Finance Minister To Increase Taxes On Tobacco Products

According to the World Health Organization (WHO), raising the price of tobacco products through tax increases is the most effective policy to reduce tobacco...


09 January 2023
Relax Norms To Allow Weavers, And Artisans To Access Loans: Amit Mitra To Sitharaman

Relax Norms To Allow Weavers, And Artisans To Access Loans: Amit Mitra To Sitharaman

Amit Mitra, the former finance minister for West Bengal, wrote Nirmala Sitharaman on Monday stating that "stringent notifications" issued by the central...


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