Finance Minister

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Coronavirus pandemic: Relaxations on ATM withdrawal, minimum balance in bank accounts expire today
India

Coronavirus pandemic: Relaxations on ATM withdrawal, minimum balance in bank accounts expire today

The relaxations were announced by Union Finance Minister Nirmala Sitharaman during the nationwide COVID-19 lockdown

GST Council to discuss waiver of late fee for August 2017 to January 2020; next meeting to be held on 14 June
Business

GST Council to discuss waiver of late fee for August 2017 to January 2020; next meeting to be held on 14 June

The CBIC said late fee is imposed to ensure that the taxpayers file return in time and pay taxes on the amount collected from buyers and due to the government.

Migrants walking home desperately need money in their pockets; FM has seen to some of their needs, but not this one
Business

Migrants walking home desperately need money in their pockets; FM has seen to some of their needs, but not this one

Migrants working in the informal sector have felt the bulk of the negative impact of the lockdown that has been in place in order to prevent the spread of COVID-19

Nirmala Sitharaman's economic stimulus package does not have something for everyone; need to address concerns of startups, retail
Business

Nirmala Sitharaman's economic stimulus package does not have something for everyone; need to address concerns of startups, retail

'For every section of our society there is something in the AatmaNirbharBharat,' said Finance Minister Nirmala Sitharaman, while making announcements of the Rs 20 lakh crore package on Wednesday.

Coronavirus pandemic: Govt considering another package after 15 April to minimise impact, says report
Business

Coronavirus pandemic: Govt considering another package after 15 April to minimise impact, says report

There have been discussions about a package but nothing has been finalised yet, the official said, adding that the idea is to revive consumption, "so some measures might be needed."

Nirmala Sitharaman announcements on Coronavirus: FM unveils Rs 1.7 lakh crore relief package, gives free LPG, wheat, rice to poor; key takeaways
India

Nirmala Sitharaman announcements on Coronavirus: FM unveils Rs 1.7 lakh crore relief package, gives free LPG, wheat, rice to poor; key takeaways

The Central government on Wednesday unveiled an economic package worth Rs 1.7 lakh crores primarily focussed at the poorest and most vulnerable sections of the society.

Coronavirus outbreak: SEBI further relaxes compliance norms for listed firms; companies granted time till 30 June for filing financial results
Business

Coronavirus outbreak: SEBI further relaxes compliance norms for listed firms; companies granted time till 30 June for filing financial results

On Thursday, the SEBI gave a 45-day relaxation for companies to file their fourth-quarter results as well as an additional one-month time to submit their annual results.

Govt nod to reconstruction scheme for Yes Bank; moratorium to be lifted in 3 days after notification of revival plan
Business

Govt nod to reconstruction scheme for Yes Bank; moratorium to be lifted in 3 days after notification of revival plan

Sitharaman said that State Bank of India (SBI) will invest 49 percent of equity in Yes Bank, with other investors also being invited.

Finance Minister Nirmala Sitharaman says 'steadiness' in economy is a good sign with Q3 GDP growth at 4.7%
Business

Finance Minister Nirmala Sitharaman says 'steadiness' in economy is a good sign with Q3 GDP growth at 4.7%

Speaking at <em>CNBC-TV 18</em>'s Business Leadership Awards 2020, Sitharaman made it clear that she was not expecting a jump in the GDP growth number either.

New UK finance minister Rishi Sunak should resist rewriting fiscal rules; avoiding spend cut may lead to tax hike: Report
Business

New UK finance minister Rishi Sunak should resist rewriting fiscal rules; avoiding spend cut may lead to tax hike: Report

Another research institute, the Resolution Foundation, said on Monday that Sunak would have to raise taxes if he wants to increase spending.

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries
Business

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries

The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario

Why India’s athletes and sports federations should not be worried that budgets have been ‘reduced’ in an Olympic year
Sports

Why India’s athletes and sports federations should not be worried that budgets have been ‘reduced’ in an Olympic year

Should then India’s athletes and National Sports Federations be worried that the budgets have been ‘reduced’ in the Olympic year? We try to simplify matters:

Disinvestment proceeds to be used for creating infrastructure for country, not to bridge revenue deficit: Nirmala Sitharaman
Business

Disinvestment proceeds to be used for creating infrastructure for country, not to bridge revenue deficit: Nirmala Sitharaman

The government set an ambitious disinvestment target of Rs 2.10 lakh crore for the next financial year, which includes selling stake in BPCL and insurance behemoth LIC.

Budget 2020: From P Chidambaram to Sitaram Yechury, Opposition leaders slam Nirmala Sitharaman, say she served only 'platitudes and slogans'
Business

Budget 2020: From P Chidambaram to Sitaram Yechury, Opposition leaders slam Nirmala Sitharaman, say she served only 'platitudes and slogans'

Soon after Finance Minister Nirmala Sitharam unveiled the Union Budget 2020-21, Opposition leaders tore into the Budget, claiming that if offered no concrete solutions to the challenges facing the economy

Unwell Nirmala Sitharaman cuts short Budget speech in Lok Sabha after speaking for record 160 minutes
Business

Unwell Nirmala Sitharaman cuts short Budget speech in Lok Sabha after speaking for record 160 minutes

Finance Minister Nirmala Sitharaman on Saturday cut short her Budget speech in Lok Sabha as she felt unwell after speaking for a record 160 minutes.

Budget 2020: Centre to hike investment limit of FPI in corporate bonds from 9% to 15%, says Nirmala Sitharaman
Business

Budget 2020: Centre to hike investment limit of FPI in corporate bonds from 9% to 15%, says Nirmala Sitharaman

The government plans to increase investment limit of foreign portfolio investors (FPI) in corporate bonds from 9 per cent to 15 percent, Finance Minister Nirmala Sitharaman said on Saturday.

Budget 2020: ZEE5 Set to bring the Best Insights to You. Tune In For Live Updates and Deep Dives
Brands

Budget 2020: ZEE5 Set to bring the Best Insights to You. Tune In For Live Updates and Deep Dives

ZEE5 partners with Zee Business to break down Budget 2020 with a future-forward approach for the man on the street.

Economic Survey 2020 LIVE Streaming: To be tabled in Parliament today, when and where to watch; all you need to know
Business

Economic Survey 2020 LIVE Streaming: To be tabled in Parliament today, when and where to watch; all you need to know

The Economic Survey brings out the economic trends in the country which facilitates a better appreciation of the mobilisation of resources and their allocation in the Budget.

Stock markets to remain open on 1 February, Union Budget day; trading to be conducted during normal hours
Business

Stock markets to remain open on 1 February, Union Budget day; trading to be conducted during normal hours

Generally, the stock markets are closed on Saturdays and Sundays as well as other holidays, except for special circumstances.

Nirmala Sitharaman says states refusing to implement CAA is 'unconstitutional', all have responsibility to ensure law is enforced
India

Nirmala Sitharaman says states refusing to implement CAA is 'unconstitutional', all have responsibility to ensure law is enforced

Defending the Citizenship (Amendment) Act, Nirmala Sitharaman maintained there was no necessity to mix up the National Register of Citizens (NRC) and National Population Register with the CAA and appealed to those opposing the act not to make allegations that would lead to unrest among the public.