Nirmala Sitharaman

FM Nirmala Sitharaman launches National Monetisation Pipeline Scheme: Details here

FM said that the NMP will help improve liquidity to increase expenditure in infrastructure by the government.

Infosys CEO Sahil Parekh reaches finance ministry in response to summon

Parekh was summoned by the minister to explain to her why Infosys has not resolved glitches in the government’s new e-filing portal developed by the IT firm.

Finance Minister to launch national infrastructure monetization plan on August 23

The NMP consists of a four-year route of the government brownfield infrastructure assets. In the Union Budget 2021-22, the government laid expressed the importance of asset monetisation in order to generate innovative and alternative financing for infrastructure.

Ganga Expressway to reduce Lucknow-Meerut travel time to 5 hours: CM Yogi Adityanath

Finance Ministry summons Infosys CEO over glitches in e-filing portal

Infosys had designed the new portal, which was found to have several technical issues after it started service.  Users flagged the issue, often tweeting screenshots of the site and tagging the finance minister.

PM Modi took several steps to empower women in state: FM Nirmala Sitharaman

Addressing the UP's Mission Shakti 3.0 programme, the Union Finance Minister recalled: "Before coming to Delhi as the Prime Minister in 2014, Modi Ji auctioned all gifts he had received as Gujarat CM and donated money for the education of girl children."

India is on track to meet goals of the Paris agreement: FM Sitharaman

Sitharaman said that the government is taking concrete steps and at appreciable speed to meet its commitments on the target of 450 gigawatts (Gw) of renewable energy by 2030.

We have plans and note ready for Cryptocurrency Bill in India: FM Nirmala Sitharaman

She further averred that the GST overall collection is significantly increasing and will continue its pace till the beginning of FY22.

Unable to reduce duty on fuels due to Oil Bond of UPA govt: FM Nirmala Sitharaman

The Finance Minister gave her official statement on Monday after the increasing rates of petrol and diesel worried the end-users.

Number of people earning Rs 100 crore or more declined in AY21: FM

Only 136 individuals reported gross total income of ₹100 crores or more, compared to 141 in the previous year. In 2019, 77 reported a total income of 100 crores. 

Fuel price situation is constantly monitored by government: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday told Parliament that the government is keeping an eye on the fuel prices while having taken several steps to control inflation.

Retrospective IT law will not override India’s sovereign right to tax: FM

The Rajya Sabha has issued the bill to be scrapped on Monday, due to which an array of stark conversations and litigations followed including the international arbitration by Vodafone Plc and Cairn Energy Plc, associations which India lost past year.

Insolvency and Bankruptcy Bill enables an efficient insolvency resolution framework for MSMEs: Nirmala Sithraman

The Insolvency Bill passed by Rajya Sabha on Tuesday provides for a pre-packaged insolvency resolution mechanism for micro, small and medium enterprises (MSMEs). 

Nirmala Sitharaman would present three bills in Rajya Sabha today

The mother or father Act, The Normal Insurance coverage Enterprise (Nationalisation) Act, 1972, is being amended by the bill.

Govt may postpone privatization of two PSU banks to next year

The plan to privatize the banks was postponed as the government is yet to seek parliament’s approval for changes in laws required to start the transaction.