Sitharaman had also highlighted that the current rental laws are archaic, as they do not address the relationship between the lessor and the lessee realistically and fairly
Finance Minister Nirmala Sitharaman will meet heads of state-owned and private banks on Monday to discuss the ongoing liquidity crisis in NBFCs
From FM Sitharaman's meeting with CEOs of public sector banks to SC hearing Jaypee plea against NCLT order, Business Standard brings you top events of the day
Parliament approves changes in IBC, providing greater clarity over distribution of proceeds of auction of loan-defaulting companies
Sitharaman said that businessmen should get honourable exit or resolution to the problem in letter and spirit of the IBC
According to sources, the meeting will also review progress of resolution of NPAs under Insolvency and Bankruptcy Code
The court added that no other country in the world keeps changing size and features of their currency notes so often
The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year
The amendments are largely to clear the Code's legislative intent, says Nirmala Sitharaman
India's benchmark 10-year bond yield fell as much as 11 bps to 6.42% on FM Sitharaman's comments
Finance Minister Nirmala Sitharaman in Budget 2019-20 announced that the government would start raising a part of its gross borrowing programme from external markets in foreign currencies.
The proposal has been criticised by former heads of the Reserve Bank of India, economists and allies of the ruling BJP
The meeting, which was to be held through a video conferencing, had a single agenda to boost production of electric vehicles
West Bengal Finance Minister Amit Mitra had on Tuesday written to Sitharaman objecting to a hurriedly called 'single agenda meeting'
Finance Minister Nirmala Sitharaman announced that India was looking to raise around $10 billion via overseas foreign currency sovereign bonds in the current fiscal year
The minister asked three investigating wings of the revenue department to share information among themselves to nab evaders
Sitharaman said the Budget 2019-20 proposals including raising tax on super-rich and levy of a tax on high value cash withdrawals were aimed at creating the new India
Earlier this month, the Indian Newspaper Society (INS) asked the government to withdraw the 10 per cent customs duty imposed on newsprint
He said the government's plan to introduce a single minimum wage across the country may hurt businesses in smaller towns
Proposed amendments in Section 104 of the said Act would allow arrest of any person fraudulently obtaining duty credit scrips for more than Rs 5 million