Page 5 - Latest Updates on Nirmala Sitharaman
Voice votes taken 200 times during passage of CA Bill in Rajya Sabha
According to RS Secretariat officials, it was after a long time that a bill with so many clauses and amendments was passed with voting taking substantial time
 "Voice votes taken 200 times during passage of CA Bill in Rajya Sabha")
India continues to remain highest receiver of FDI: FM Nirmala Sitharaman
India continues to remain the highest receiver of the FDI, finance minister Nirmala Sitaraman told Lok Sabha on Monday while replying to a question by Congress member Shashi Tharoor
 "India continues to remain highest receiver of FDI: FM Nirmala Sitharaman")
GST Council did not recommend reducing GST on health insurance: FM
At present, GST on health insurance services is levied at a standard rate of 18 per cent
 "GST Council did not recommend reducing GST on health insurance: FM")
India continues to remain highest receiver of FDI: FM in Lok Sabha
"We in the House should should stand up and appreciate the Indian retailer who has invested a lot of confidence in the markets today in India," the FM said
Only 80.6% spent till February, govt likely to miss capex target
While monthly capex spending peaked to Rs 1.2 trillion in December, it has drastically fallen in subsequent months with expenditure of only Rs 43,495 crore in February
 "Only 80.6% spent till February, govt likely to miss capex target")
Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22
Gross mop-up touches record Rs 15.83 trn; exceeds Budget and revised estimates
 "Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22")
Putting energy security first, buying discounted Russian oil: FM Sitharaman
Sitharaman said that she was entering financial year 2022-23 (FY23) with "cautious optimism" at a time of global commodity price escalation due to the Russia-Ukraine war
 "Putting energy security first, buying discounted Russian oil: FM Sitharaman")
Sitharaman, Jaishankar defend India buying Russian oil
Jaishankar said said that Europe has bought 15 per cent more oil and gas from Russia than it did the month before
 "Sitharaman, Jaishankar defend India buying Russian oil")
India will continue to buy oil from Russia: FM Nirmala Sitharaman
Russia is offering more oil to India at a discount of as much as $35 a barrel on prices before the Ukraine war
Release Rs 23,430-crore dues to Tamil Nadu: CM Stalin requests Centre
Stalin met Finance Minister Nirmala Sitharaman in Delhi and presented her a memorandum
 "Release Rs 23,430-crore dues to Tamil Nadu: CM Stalin requests Centre")
Stalin seeks release of Rs 20,860 crore Central dues to Tamil Nadu
The amount consists mainly of GST compensation (about Rs 13,500 crore), and dues on account of subsidy, Rashtriya Madhyamik Shiksha Abhiyan and Sarva Shiksha Abhiyan
 "Stalin seeks release of Rs 20,860 crore Central dues to Tamil Nadu")
Release pending dues of Rs 20,860 cr to Tamil Nadu: CM tells FM
Chief Minister M K Stalin, who is on an official visit to New Delhi, submitted a memorandum to Finance Minister Nirmala Sitharaman, highlighting the pending dues, including GST compensation.
 "Release pending dues of Rs 20,860 cr to Tamil Nadu: CM tells FM")
Centre plans to borrow 59% of FY23 debt target in April-September
Estimated at Rs 8.45 trn; full-year borrowing likely at Rs 14.31 trn
 "Centre plans to borrow 59% of FY23 debt target in April-September")
India's core sector grows 5.8%; fiscal deficit widens to 82.7% of RE
When compared to the same month a year ago, all sectors except crude oil (-2.2 per cent) and fertilisers (-1.4 per cent) registered robust growth
 "India's core sector grows 5.8%; fiscal deficit widens to 82.7% of RE")
Budget Session: Accountancy Bill approval, vehicle safety norms, and more
Nearly 70 million senior citizens travelled by trains without availing concessions over the last 2 years since the Railways suspended the rail concession facility in March 2020, Ashwini Vaishnaw said
 "Budget Session: Accountancy Bill approval, vehicle safety norms, and more")
How govt can use battery swapping tech to give fillip to EV industry
'Battery as a Service' business model, based on battery swapping technology, is the new talk of the EV Motown
 "How govt can use battery swapping tech to give fillip to EV industry")
Top headlines: War disrupts supply chain; Hero MotoCorp faces I-T probe
Finance Minister says Russia-Ukraine war has disrupted supply chains around the world, including India. More on that in our morning wrap
 "Top headlines: War disrupts supply chain; Hero MotoCorp faces I-T probe")
Russia-Ukraine war disrupting global supply chains: FM Sitharaman
'Focusing on growth, recovery with predictable tax regime'
 "Russia-Ukraine war disrupting global supply chains: FM Sitharaman")
War in Ukraine impacting all countries like pandemic did: FM Sitharaman
Furthermore, she said that India remains as the top 5 FDI recipient countries in the world
 "War in Ukraine impacting all countries like pandemic did: FM Sitharaman")
'NPAs down to Rs 7.7 trn due to transparent recognition of stressed assets'
"It is observed that the said ratio for India compared adversely with those of US, UK and China, and information in respect of Japan is not available," the minister said
