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FM Nirmala Sitharaman

Union Budget 2024: Nirmala Sitharaman, team giving finishing touches as Interim Budget enters last lap

Union Budget 2024: Nirmala Sitharaman, team giving finishing touches as Interim Budget enters last lap

Fri, Jan 26, 2024

The top members of Finance Minister Nirmala Sitharaman's team spearheading the budget-making exercise in the ministry include Sanjay Malhotra, the Revenue Secretary, Ajay Seth, Secretary of the Department of Economic Affairs, Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management, Vivek Joshi, Secretary of the Department of Financial Services and V Anantha Nageswaran, the Chief Economic Advisor.

Government, RBI actively engaged on digital currency: Finance Minister

Government, RBI actively engaged on digital currency: Finance Minister

Thu, Jan 25, 2024

RBI began the pilot project wholesale CBDC and picked up nine banks -- State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES Bank, IDFC First Bank, and HSBC.

FM Nirmala Sitharaman may significantly enhance allocation for farm sector schemes

FM Nirmala Sitharaman may significantly enhance allocation for farm sector schemes

Wed, Jan 24, 2024

The government is likely to announce a substantial increase in the agricultural credit target to Rs 22-25 lakh crore for the next fiscal and ensure every eligible farmer has access to institutional credit.

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Budget 2023:Govt cuts customs duty on mobile phone parts to boost local manufacturing

Budget 2023:Govt cuts customs duty on mobile phone parts to boost local manufacturing

Wed, Feb 01, 2023

Budget 2023: Paying heed to the consumer electronics industry`s demand, the Centre on Wednesday reduced basic custom duty (BCD) on import of certain mobile phone parts and inputs like camera lens and continued the concessional duty on lithium-ion cells for batteries for another year.

Budget 2023: Startups incorporated till March 2024 to get income tax benefits

Budget 2023: Startups incorporated till March 2024 to get income tax benefits

Wed, Feb 01, 2023

Budget 2023: The government on Wednesday proposed to extend income tax benefits to startups incorporated till March 2024.

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Wed, Feb 01, 2023

In her budget speech, Finance Minister Nirmala Sitharaman said that India is a global leader in the cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value.

Budget 2023 will help India achieve goal of becoming $5 trillion economy, says Rajnath Singh

Budget 2023 will help India achieve goal of becoming $5 trillion economy, says Rajnath Singh

Wed, Feb 01, 2023

Budget 2023: The Union Budget for 2023-24 is focused on growth and welfare with a priority to provide support to farmers, women, marginalised sections and the middle class, Defence Minister Rajnath Singh said on Wednesday.

Budget 2023: India to set up 100 5G labs to develop new apps, services

Budget 2023: India to set up 100 5G labs to develop new apps, services

Wed, Feb 01, 2023

According to Prabhu Ram, Head-Industry Intelligence Group, CMR, the proposal to set-up 100 labs for developing 5G applications at Indian engineering institutions "is a step in the right direction to realize new opportunities that 5G posits, and develop India-specific 5G use cases for education, healthcare and agriculture, among others".

Budget 2023: Sebi to be empowered to enforce norms, standards for education at NISM

Budget 2023: Sebi to be empowered to enforce norms, standards for education at NISM

Wed, Feb 01, 2023

FM Nirmala Sitharaman said, "Sebi will be empowered to develop, regulate, maintain and enforce norms and standards for education in the National Institute of Securities Markets and to recognize award of degrees, diplomas and certificates".

Budget 2023: Infrastructure development capex hiked by 33% to Rs 10 lakh crore

Budget 2023: Infrastructure development capex hiked by 33% to Rs 10 lakh crore

Wed, Feb 01, 2023

Presenting the Budget for 2023-24, Finance Minister Nirmala Sitharaman said the newly established infrastructure finance secretariat will assist in attracting more private investment.

Budget 2023: Govt to bring another dispute resolution scheme Vivad Se Vishwas-2

Budget 2023: Govt to bring another dispute resolution scheme Vivad Se Vishwas-2

Wed, Feb 01, 2023

Budget 2023: The government will bring another dispute resolution scheme under Vivad Se Vishwas-2 to settle commercial disputes, finance minister Nirmala Sitharaman said on Wednesday.

Rupee Vs Dollar: Rupee gains 8 paise to 81.80 against US dollar in afternoon trade

Rupee Vs Dollar: Rupee gains 8 paise to 81.80 against US dollar in afternoon trade

Wed, Feb 01, 2023

Rupee Vs Dollar: At the interbank foreign exchange, the domestic unit opened at 81.76 against the dollar, registering a rise of 12 paise over its previous close. The local unit was later trading at 81.80 against the greenback.

Infra cos shares rally after FM lists infrastructure among 7 priorities of Union Budget

Infra cos shares rally after FM lists infrastructure among 7 priorities of Union Budget

Wed, Feb 01, 2023

Budget 2023: Shares of infrastructure companies, including Larsen & Toubro rallied up to 4 per cent on Wednesday after Finance Minister Nirmala Sitharaman listed infrastructure as one of the seven priorities of Union Budget 2023-24.

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 crore

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 crore

Wed, Feb 01, 2023

"We expect to make available Rs 10,000 crore per annum for the urban infra development fund," Sitharaman informed in the course of her speech.

Budget 2023: Taxes on cigarettes hiked by 16%

Budget 2023: Taxes on cigarettes hiked by 16%

Wed, Feb 01, 2023

Budget 2023: Union Finance Minister Nirmala Sitharaman on Wednesday announced to hike in taxes on cigarettes hiked by 16 per cent.

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala Sitharaman

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala Sitharaman

Wed, Feb 01, 2023

Budget 2023: Union Finance Minister Nirmala Sitharaman said that 50-year interest-free loans to state governments have to be spent on capital expenditure within 2023-24.

Budget 2023: States, cities will be encouraged to take up urban planning

Budget 2023: States, cities will be encouraged to take up urban planning

Wed, Feb 01, 2023

Budget 2023: Finance minister Nirmala Sitharaman on Wednesday said that states and cities will be encouraged to take up urban planning.

Budget 2023: Mahila Samman Saving Certificate scheme announced; to offer 7.5% interest

Budget 2023: Mahila Samman Saving Certificate scheme announced; to offer 7.5% interest

Wed, Feb 01, 2023

Finance Minister Nirmala Sitharaman announced a special saving scheme for women. The scheme -- Mahila Samman Saving Certificate will offer a return of 7.5 per cent.

FM Sitharaman announces scheme to improve socio-economic condition of vulnerable tribes

FM Sitharaman announces scheme to improve socio-economic condition of vulnerable tribes

Wed, Feb 01, 2023

Budget 2023: Finance Minister Nirmala Sitharaman on Wednesday proposed to launch a scheme to improve the socio-economic condition of particularly vulnerable primitive tribal groups.

Budget 2023: 47.8 crore Jan Dhan accounts opened

Budget 2023: 47.8 crore Jan Dhan accounts opened

Wed, Feb 01, 2023

Pradhan Mantri Jan Dhan Yojana (PMJDY) is the national mission for financial inclusion to ensure access to financial services -- savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner.

Budget 2023: Govt to launch Rs 2,200 crore Aatmanirbhar clean plant programme

Budget 2023: Govt to launch Rs 2,200 crore Aatmanirbhar clean plant programme

Wed, Feb 01, 2023

Presenting the Budget for 2023-24, FM Nirmala Sitharaman said an agriculture accelerator fund will also be set up to encourage agri-startups in rural areas.

Budget 2023: World has recognised India as bright star, says FM Nirmala Sitharaman

Budget 2023: World has recognised India as bright star, says FM Nirmala Sitharaman

Wed, Feb 01, 2023

The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, Finance Minister Nirmala Sitharaman said on Wednesday.

Budget 2023: FM Nirmala Sitharaman outlines 7 priorities to guide India in Amrit Kaal- what are they

Budget 2023: FM Nirmala Sitharaman outlines 7 priorities to guide India in Amrit Kaal- what are they

Wed, Feb 01, 2023

Budget 2023: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2023-24 in the Parliament.

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