Page 36 - Latest Updates on Nirmala Sitharaman
GST exemption on vaccines will lead to high prices: FM Sitharaman
Statement follows West Bengal CM Mamata Banerjee's letter to PM seeking GST exemption
 "GST exemption on vaccines will lead to high prices: FM Sitharaman")
Govt gives bidders data access for $7-billion Bharat Petroleum Sale
The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price
 "Govt gives bidders data access for $7-billion Bharat Petroleum Sale")
Chamber asks FM Sitharaman for relief measures for trade, industry
The Indian Chamber of Commerce and Industry on Friday appealed to Union Finance Minister Nirmala Sitharaman for relief measures
 "Chamber asks FM Sitharaman for relief measures for trade, industry")
MSMEs urge FM Nirmala Sitharaman to review NPA classification norms
In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs
 "MSMEs urge FM Nirmala Sitharaman to review NPA classification norms")
FM Sitharaman says looking at how best to sort out Cairn arbitration
Reiterates that international arbitration ruling on India's sovereign right to taxation sets the wrong precedent
 "FM Sitharaman says looking at how best to sort out Cairn arbitration")
2021 will not be about Covid despite second wave: Nirmala Sitharaman
FM says Rs 4,650 crore being given to two vaccine makers in India to ramp up capacity; adds 100% advance paid top them for the next few months
 "2021 will not be about Covid despite second wave: Nirmala Sitharaman")
Need complete trust between industry, govt to sustain growth amid Covid: FM
FM addressed a seminar organised by the Merchants' Chamber of Commerce & Industry
 "Need complete trust between industry, govt to sustain growth amid Covid: FM")
Centre working to save lives, livelihoods, FM Sitharaman tells India Inc
Finance Minister has sought feedback over impact on businesses and economy
 "Centre working to save lives, livelihoods, FM Sitharaman tells India Inc")
Centre working with states to protect lives, livelihood: FM Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that the Centre is working together with states to protect lives and livelihoods.
Govt working to save lives, livelihood: Sitharaman tells business leaders
Sitharaman last week said the government would not go for lockdowns in a big way and only resort to local containment
 "Govt working to save lives, livelihood: Sitharaman tells business leaders")
Govt not going for lockdowns in big way, says Sitharaman amid Covid-19 wave
Amid surging coronavirus cases in India, Finance Minister Nirmala Sitharaman on Tuesday made it clear that the government would not go for lockdowns in a big way and only resort to local containment
Negotiations on India-EU trade deal to resume next month: FM Sitharaman
Sitharaman on Tuesday said resumption of formal negotiations on India-EU trade deal during the leadership summit next month would help further strengthen ties
FM reviews Covid-19 vaccine progress in finance, corp affairs ministries
In keeping with Covid-19 safety protocols, the interactions were held virtually in six separate batches
 "FM reviews Covid-19 vaccine progress in finance, corp affairs ministries")
FM urges World Bank to sustain crisis response to mitigate Covid-19 impact
Sitharaman informed that the government has announced Aatmanirbhar packages of Rs 27.1 lakh crore, amounting to more than 13 per cent of the GDP
 "FM urges World Bank to sustain crisis response to mitigate Covid-19 impact")
FM backs IMF view on pandemic, urges universal applicability of Covid jabs
Says burden of economic transformation to a low carbon world is disproportionately higher for emerging market, developing and low-income economies
FM calls for greater coordination among BRICS on IMF's quota review
India on Tuesday pitched for greater coordination among BRICS nations on the issue of the 16th general review of quotas of the International Monetary Fund to give more say to developing countries.
 "FM calls for greater coordination among BRICS on IMF's quota review")
India hosts summit of BRICS Finance Ministers, central bank heads virtually
In separate meeting with Kerry, FM emphasises on increasing fund flows from developed to developing nations to battle climate change
 "India hosts summit of BRICS Finance Ministers, central bank heads virtually")
FinMin confident of combating downside risk amid rising Covid-19 cases
The ministry's Economic Affairs Department, in its monthly report, said the capital expenditure (capex) cycle was in motion, and its signs would be seen in the second half of the year
'Was an oversight': Govt drops reduction in interest rates on small savings
Government had announced a cut in small savings rates by 50-100 basis points for the first quarter of the new financial year.
Rate cut on small savings: Elections, WEF report linked to fastest recall
West Bengal leads the annual state wise table of contribution to small savings at 15.09 per cent. For the year FY18, Tamil Nadu is fifth in the small savings pecking order at 4.8 per cent
 "Rate cut on small savings: Elections, WEF report linked to fastest recall")
