Page 110 - Latest Updates on Nirmala Sitharaman
Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more
From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday
 "Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more")
Podcast: Nirmala Sitharaman's various moves to help revive the economy
Finance ministry is working out mechanism to release the money, stuck after it sanctioned the amount to other ministries & departments for various projects and schemes, to prop up the sagging economy
 "Podcast: Nirmala Sitharaman's various moves to help revive the economy")
Best of BS Opinion: Budget 2020 expectations, setback for Tatas, and more
Business Standard brings to you best of BS Opinion for the day
 "Best of BS Opinion: Budget 2020 expectations, setback for Tatas, and more")
ONGC bags all 7 oil and gas blocks in fourth round of OALP auction
The seven blocks are spread over three sedimentary basins with resource potential of approximately 33 billion barrels of oil and oil equivalents of gas
 "ONGC bags all 7 oil and gas blocks in fourth round of OALP auction")
Firms opting for lower tax regime can't adjust accumulated credits on MAT
The ordinance to cut the corporation tax rate has said MAT provisions will not apply to a company which has exercised the option for a lower rate of tax
 "Firms opting for lower tax regime can't adjust accumulated credits on MAT")
FM's tax cuts: Reduction in MAT to benefit IT companies in Gift City
They were to pay 18.5 per cent MAT so far, but will now have to pay 15 per cent MAT
 "FM's tax cuts: Reduction in MAT to benefit IT companies in Gift City")
Govt sees nominal GDP at 12.2% till FY25; assuming average inflation of 4%
The Centre's budgetary support as a percentage of nominal GDP is expected to grow from 0.74% in 2019-20 to 1.11% in 2024-25
 "Govt sees nominal GDP at 12.2% till FY25; assuming average inflation of 4%")
New projects surge in December quarter; up 37% at Rs 4.26 trillion
The rise in new projects is despite a fall in capacity utilisation
 "New projects surge in December quarter; up 37% at Rs 4.26 trillion")
Letter to BS: FM's promise to bankers will make them work without fear
There is pressure on bankers to lend to spur the nation's GDP growth
 "Letter to BS: FM's promise to bankers will make them work without fear")
Top 10 biz headlines: FM's infra plan, SBI's distressed asset fund, & more
From a CEO poll indicating that slowdown will worsen to hiring in IT sector, here are the top 10 business news headlines for the day
 "Top 10 biz headlines: FM's infra plan, SBI's distressed asset fund, & more")
What may lie ahead in 2020
Nobody can anticipate, let alone predict, what Mr Modi will do in 2020.
 "What may lie ahead in 2020")
FM Sitharaman unveils Rs 102-trillion infrastructure plan to boost growth
Task force headed by economic affairs secy identifies projects across sectors
India Inc wants Centre to take more steps on ease of doing business
Industry representatives asked officials to "create more freedom for industry to perform"
 "India Inc wants Centre to take more steps on ease of doing business")
Do not want businesses to shut, will help revive: Sitharaman to India Inc
Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing
 "Do not want businesses to shut, will help revive: Sitharaman to India Inc")
PM Modi chairs first meeting of Cabinet Committee on Investment & Growth
The panel has four other members -- Home Minister Amit Shah, Highways and MSME Minister Nitin Gadkari, Finance Minister Nirmala Sitharaman and Commerce & Railways Minister Piyush Goyal
 "PM Modi chairs first meeting of Cabinet Committee on Investment & Growth")
FM Sitharaman unveils Rs 102-trn infrastructure projects for next 5 years
Addressing a press conference, she said Prime Minister Narendra Modi had in his Independence Day speech spoken of investing Rs 100 trillion in infrastructure.
 "FM Sitharaman unveils Rs 102-trn infrastructure projects for next 5 years")
Infra plan will boost investor confidence, but needs hand-holding: Experts
Private road developers in recent interactions with the Union ministry have expressed unwillingness to invest in Build, Operate and Transfer (BOT) projects which involve private capital
 "Infra plan will boost investor confidence, but needs hand-holding: Experts")
FM hits the 'road' in New Year, announces Rs 19.63-trn worth projects
Centre and states will be equal contributors
 "FM hits the 'road' in New Year, announces Rs 19.63-trn worth projects")
Mega infrastructure spend can be a trigger for boosting growth: ICRA
According to the rating agency, the construction sector is likely to be a major beneficiary of this increased investment.
 "Mega infrastructure spend can be a trigger for boosting growth: ICRA")
One-fourth of Rs 102 trn infrastructure spending in energy sector alone
Rs 24.54 trillion investment will flow in the energy sector, and of that Rs 11.7 trillion would be in just the power sector
