Tag: finance
Moody's Cuts India Outlook To 'negative', Govt Counters
Global rating agency Moody's Investors Service on Friday cut India's outlook from 'stable' to 'negative' reflecting increasing risks to the country's economic growth and the government's failure in addressing long-standing economic and institutional weaknesses.....
Big Ticket Strategic Sale Of BPCL, CONCOR, SCI, Among Others
Pushing the pedal on its disinvestment programme, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved strategic disinvestment in five large public sector undertakings (PSU) -- BPCL, CONCOR, SCI, THDC and NEEPCO -- along with change in management control in these companies.....
Chidambaram Walks Out Of Tihar Jail After 106 Days
Former Finance Minister and senior Congress leader P. Chidambaram, who was lodged in Tihar jail in connection with the INX Media case, was on Wednesday released after 106 days in prison after granted bail by the Supreme Court.....
Budget Proposes Rs 8,000 Crore Boost For Quantum Tech
Giving a huge boost to adoption of emerging technologies, Finance Minister Nirmala Sitharaman on Saturday proposed to provide an outlay of Rs 8,000 crore for commercial application of quantum computing like in Blockchain over the next five years under the 'National Mission on Quantum Technologies and Applications'.....
Rs 30,000 Crore Special Liquidity Scheme For NBFCs, HFCs And MFIs: FN
Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs). ....
Govt To Facilitate A 'world-class' Fintech Hub At Gift City: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said that the government will facilitate setting up of a world class fintech hub in Gujarat International Finance Tec (GIFT) city. ....
Budget 2021: Agriculture Infrastructure Fund To Be Available For APMC Mandis, Says FM Sitharaman
Union Finance Minister Nirmala Sitharaman made a major announcement in the Union Budget 2020-21 related to the agriculture sector on Monday, saying that the Agriculture Infrastructure Fund would also be available for Agricultural Produce Market Committee (APMC) mandis. ....
Mamata Banerjee Criticises Union Budget, Calls It Anti-country
West Bengal Chief Minister Mamata Banerjee on Monday vehemently criticised the Union Budget presented by Finance Minister Nirmala Sitharaman in Parliament earlier in the day, saying it would impact farmers and poor people across the country. She said, "it is anti-farmer, anti-people and anti-country budget".....
'Betrayal Of Middle And Salaried Class', Congress Slams Govt On Budget
After Finance Minister Nirmala Sitharaman did not announce any tax relief in the Budget for the year 2022-23, the Congress on Tuesday slammed the government for betraying the middle and salaried class. ....
At 92 Minutes, Finance Minister Nirmala Sitharaman Delivers Her Shortest Budget Speech
Finance Minister Nirmala Sitharaman on Tuesday delivered the Budget 2022-23 with her shortest budget speech so far. ....
