January 29, 2023 23:32 (IST)
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Hockey Men's World Cup 2023: India beat Japan 8-0 in classification match | Amid row, Kerala Congress screens controversial BBC documentary on PM Modi in Thiruvananthapuram | Republic Day Parade to showcase India’s indigenous military prowess, cultural diversity | Mulayam Singh Yadav, Zakir Hussain conferred Padma Vibhushan award | Dilip Mahalanabis, who pioneered ORS use, to be awarded Padma Vibhushan

GST Council decides to decriminalise certain offences, no tax rate increase

New Delhi: In a significant move to facilitate trade, the GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore under GST.

Upcoming budget will follow spirit of earlier budgets: Union Finance Minister Nirmala Sitharaman

New Delhi: The upcoming Union Budget will follow the spirits of the earlier budgets, Union Finance Minister Nirmala Sitharaman said on Friday.

Centre on track to achieve fiscal deficit target of 6.4 pc for FY23: Sitharaman

New Delhi/IBNS: Finance Minister Nirmala Sitharaman Wednesday told the Lok Sabha that the government will be able to achieve the fiscal deficit target of 6.4 percent of GDP for 2022-23 (FY23) even after taking into account Rs 4.36-trillion additional spending.

Sithraman urges startups to innovate to tackle climate change, boost millet production

Bengaluru/IBNS: Union Finance Minister Nirmala Sitharaman Saturday urged the startups to foray into less glamorous areas like climate change, millet production and improving the condition of farmers, said media reports.

FM Sitharaman aims to bring down fiscal deficit amid global economic turmoil

New Delhi/IBNS: India aims to narrow its budget deficit by 50 basis points even as the country is forced to spend more on food and energy owing to the war in Ukraine, media reports said.

Nirmala Sitharaman holds pre-budget meeting with finance ministers of states & UTs

New Delhi: Union Finance Minister Nirmala Sitharaman Friday held a pre-budget meeting of finance ministers of all states and union territories for taking their inputs and suggestions for the 2023-24 Budget.

Finance Minister approves India’s first Sovereign Green Bonds Framework

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India.

India seen as island of calm amid challenging times: Nirmala Sitharaman

Bengaluru: Union Finance Minister Nirmala Sitharaman on Wednesday said because of the careful planning, targeted facilitation and fiscal prudence of Prime Minister Narendra Modi during challenging times, "India is seen as an island of calm".

Indian economy will stay on course and is projected to grow at 7% in FY 2022-23: Nirmala Sitharaman

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) at the International Monetary Fund Headquarters during the Annual Meetings 2022 in Washington DC, on Saturday when she said the country's economy is projected to grow 7 percent in FY 2022-23.

Rupee in a firm position compared to other currencies: Sitharaman

Pune: Union Finance Minister Nirmala Sitharaman Saturday said the rupee has stood much stronger against the US dollar in comparison to other currencies.

Canara Bank receives 3rd Rank under EASE 4.0 Reforms Index Award for Q4 FY 2021-22 from FM Nirmala Sitharaman

Mumbai: Public sector lender Canara Bank was Friday awarded the 3rd rank under the prestigious EASE Reforms Index Award 2022 (EASE 4.0 Awards).

Finance Ministry cracks down on illegal loan apps: RBI to issue 'whitelist' of legal apps; app stores to host only these apps

New Delhi: Finance Minister Nirmala Sitharaman has directed the Reserve Bank of India (RBI) to create a "whitelist" of loan applications that operate as per government rules and have legal sanction. She also asked the Ministry of Electronics and Information Technology (MeiTY) to ensure that only these apps are available on Google Play Store and Apple App Store.

Rupee finding its own course, forex reserves adequate: Nirmala Sitharaman dismisses opposition's concern over economic crisis

New Delhi: A few days after former RBI Governor Raghuram Rajan and ex-NITI Aayog Vice-Chairman Arvind Panagariya dismissed concerns over the possibility of India facing a Sri Lanka-like economic crisis, Finance Minister Nirmala Sitharaman Tuesday told Rajya Sabha the rupee's fall against the USD was not alarming and the unit has performed better than its peers.

Finance minister says ban on cryptocurrencies not possible without international collaboration

New Delhi: Sitharaman's statement on cryptocurrencies or Virtual Currencies (VCs) in Parliament was in response to a five-pointer question by Thirumavalavan, a member of Parliament from Tamil Nadu's Chidambaram.

Hotel stay, hospital rooms among items to cost more as GST Council imposes tax: Check out detail

New Delhi/UNI: The GST Council chaired by Finance Minister Nirmala Sitharaman on Wednesday decided to rationalise rates to remove the inverted duty structure and withdraw GST exemption in case of many items leading to a hike in tax rates.