Union Finance Minister Nirmala Sitharaman

GST Council defers hike on textiles from 5% to 12%; GoM to recommend rate by Feb

In the Council meet in September, it was decided that a 12 percent uniform GST rate would apply on textile products, except cotton, including readymade garments

Centre releases Rs 95,082-cr to states as November tax devolution, says finance ministry

The increased amount of devolution in November is an advance release, and final adjustments will be made in March 2022

Urgent need for more ambitious structural, financial sector reform measures in India: IMF

The IMF in January lowered India's economic growth estimate for the current fiscal to 4.8 percent

Why Nirmala Sitharaman’s back-to-back growth booster pills aren’t working yet to cure India's big consumption collapse

It was in August when Union Finance Minister Nirmala Sitharaman began announcing back-to-back measures to address the economic slowdown

Daily Bulletin: Chidambaram offers to extend CBI custody till 2 Sep; General Bipin Rawat to visit Srinagar; day's top stories

Daily Bulletin: P Chidambaram's CBI custody to end today; offers to extend detention till 2 September; SC to take up plea of missing UP law student who levelled allegations against BJP leader; day's top stories