Page 109 - Latest Updates on Nirmala Sitharaman
Letter to BS: Removal of end-use restrictions in mines auction a good step
The government's authority should not be totally compromised. For this, a stance of aggression mixed with caution has to be pursued
 "Letter to BS: Removal of end-use restrictions in mines auction a good step")
Fiscal deficit target breached, won't advise tightening: Abhijit Banerjee
The Union Budget will be presented by Union Finance Minister Nirmala Sitharaman in February 2020.
 "Fiscal deficit target breached, won't advise tightening: Abhijit Banerjee")
Budget 2020: Why govt must look beyond taxes, do more with its money
Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan
Budget 2020: DoT to meet industry on Jan 6 to discuss wishlist and issues
The telecom department plans to formally write to the Ministry of Finance in the first half of January, post the meeting
 "Budget 2020: DoT to meet industry on Jan 6 to discuss wishlist and issues")
Budget session of Parliament from Jan 31, likely to continue till April
The budget session generally has a break of about a month during which the department related standing committees discusses the demand for grants
 "Budget session of Parliament from Jan 31, likely to continue till April")
Budget 2020: Govt unlikely to announce capital infusion for PSU banks
Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-21
 "Budget 2020: Govt unlikely to announce capital infusion for PSU banks")
Govt addressing issues without waiting for Budget, says Nirmala Sitharaman
She also said that GST collection, which crossed Rs 1 lakh crore per month mark during the last two months, will remain "good" in coming days
 "Govt addressing issues without waiting for Budget, says Nirmala Sitharaman")
India Inc's low confidence reason for drop in investments: Analysts
Madan Sabnavis, chief economist at CARE Ratings, said the problem of low investments could be blamed on surplus capacity in the private sector
 "India Inc's low confidence reason for drop in investments: Analysts")
Where's FM Sitharaman, asks Opposition as PM Modi holds pre-Budget meet
Bhupender Yadav and Arun Singh, and party's spokesperson on economic affairs, Gopal Krishna Agarwal were among those who attended the meeting
 "Where's FM Sitharaman, asks Opposition as PM Modi holds pre-Budget meet")
Team Sitharaman: Meet the men who are helping FM prepare Budget 2020
With economic growth at its lowest in over six years, and a long-lasting slowdown affecting demand and consumption, the FM and her men are looking to announce measures to boost growth and activity
 "Team Sitharaman: Meet the men who are helping FM prepare Budget 2020")
Budget maths won't be hit if oil is below $70 a barrel, say analysts
Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash
 "Budget maths won't be hit if oil is below $70 a barrel, say analysts")
Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape
Talking to reporters, Sinha also demurred Prime Minister Narendra Modi holding "pre-budget consultation", saying it is "unprecedented" and asked what the latter's Finance Minister is doing
 "Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape")
Over to the Budget
Advance estimates show growth revival remains a daunting task
 "Over to the Budget")
Target-driven approach to infra building important enabler for growth
The Centre's mega-infrastructure plan may founder on a poor enabling environment as much as the availability of finance
 "Target-driven approach to infra building important enabler for growth")
MDR waiver: RBI may pay Rs 1,800 cr to banks to fund free transactions
Finance Minister Nirmala Sitharaman last month said no Merchant Discount Rate (MDR) charges will be applicable on transactions through homegrown RuPay and UPI platforms
 "MDR waiver: RBI may pay Rs 1,800 cr to banks to fund free transactions")
Public finances: Something doesn't add up
Revenues for 2019-20 projected in the July Budget simply cannot be realised
 "Public finances: Something doesn't add up")
Budget 2020: I-T Act may allow seizure of trustees' personal assets
The new provision is likely to come in Budget next month
 "Budget 2020: I-T Act may allow seizure of trustees' personal assets")
Union ministers Jaishankar, Sitharaman condemn violence at JNU campus
The government wants universities to be safe for students, Sitharaman said
Finance Ministry ramps up efforts to meet direct tax collection targets
Field officers were asked to make efforts to identify and initiate actions against willful tax evaders or those using fake invoices or e-way Bills
 "Finance Ministry ramps up efforts to meet direct tax collection targets")
Fiscal deficit at 3%: A sensible target despite questions about its origin
The number wasn't imported from the Maastricht Treaty, but is a synthesis of the experiences of various countries within and outside the accord
 "Fiscal deficit at 3%: A sensible target despite questions about its origin")
