Page 71 - Latest Updates on Nirmala Sitharaman
Finance Ministry invites bids from transaction advisors for LIC IPO
The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14
 "Finance Ministry invites bids from transaction advisors for LIC IPO")
Galwan clash LIVE: All soldiers undergoing treatment are stable, says ANI
Major General-level talks to be held today over India-China face-off. Petrol and diesel prices have again been hiked
 "Galwan clash LIVE: All soldiers undergoing treatment are stable, says ANI")
Govt to provide jobs to 6.7 mn migrant workers by pooling official projects
Will frontload expenditure of Rs 50,000 crore in next 125 days towards 25 areas of work in 116 districts spread across six states
 "Govt to provide jobs to 6.7 mn migrant workers by pooling official projects")
India's Covid-19 pandemic fiscal cost lowest among major nations: Report
Business Standard's own calculations suggest that the Centre's fiscal impact amounts to around Rs 2.28 trillion, or around 1.2 per cent of GDP.
 "India's Covid-19 pandemic fiscal cost lowest among major nations: Report")
FM announces RS 50,000 cr Garib Kalyan Rozgar Abhiyan: All details here
She says nearly 25 schemes of govt will be brought under Garib Kalyan Rojgar Abhiyaan, and that she is confident of reaching saturation levels under each of the schemes within 125 days
 "FM announces RS 50,000 cr Garib Kalyan Rozgar Abhiyan: All details here")
Finance Ministry seeks expenditure proposals for supplementary demands
Earlier this month, the Finance Ministry asked all ministries and departments not to initiate any new scheme in the current financial year
 "Finance Ministry seeks expenditure proposals for supplementary demands")
Top headlines: Fitch revises India's rating, employment for migrant workers
From AGR dues to employment for migrant workers, Business Standard brings to you the top headlines of the day
25 govt schemes to be pooled together to give jobs to migrant workers: FM
The Garib Kalyan Rozgar Abhiyan will be launched by the prime minister from Khagaria in Bihar, said the finance minister
 "25 govt schemes to be pooled together to give jobs to migrant workers: FM")
FinMin releases Rs 15,187 cr to states as rural local bodies grant
This amount would enable the rural local bodies to fight the coronavirus pandemic and restart economic activities
 "FinMin releases Rs 15,187 cr to states as rural local bodies grant")
Market Ahead, June 16: All you need to know before the opening bell
The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today
 "Market Ahead, June 16: All you need to know before the opening bell")
Top headlines: Tata Motors scouting for partner, no lockdown in Delhi
From Sebi to discuss Franklin move to wind-up business, Airtel Payments Bank rolling out accounts for MSMEs to IndiGo confident of working at 50% capacity, here are the top headlines of the day
 "Top headlines: Tata Motors scouting for partner, no lockdown in Delhi")
Banking system is in a Catch-22 situation: Indian Bank's Padmaja Chunduru
Indian Bank has 450,000 MSME customers who are eligible for loans guaranteed by the government.
 "Banking system is in a Catch-22 situation: Indian Bank's Padmaja Chunduru")
Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman
Govt likely to issue clarification to add more borrowers under ECLGS
PSB loan disbursal picks up pace, rises to over Rs 29k cr: Finance Ministry
According to finance ministry data, loans have been disbursed to 3,75,087 accounts under ECLGS
 "PSB loan disbursal picks up pace, rises to over Rs 29k cr: Finance Ministry")
Covid-19 relief: GST Council eases compliance for small businesses
Compensation cess issue to be discussed in July meeting, Correction of inverted duty structure for textiles deferred
 "Covid-19 relief: GST Council eases compliance for small businesses")
Bharat to India Inc's rescue: Green shoots in villages lead demand recharge
A major indicator of farm mood is manifest in tractor sales for the month of May
 "Bharat to India Inc's rescue: Green shoots in villages lead demand recharge")
GST Council reduces late fee on GSTR-3B filings for those with liability
For entities with tax liability but which have not filed returns or have filed returns late, the late fee has been capped at Rs 500 without interest
 "GST Council reduces late fee on GSTR-3B filings for those with liability")
Revenue and compensation on table at GST Council meeting on Friday
The government has rung up just about Rs 95,000 crore as GST in April and May together, and that is less than half compared with the collection in the corresponding months last year.
 "Revenue and compensation on table at GST Council meeting on Friday")
Economy in safe hands; worry not, Mr Guha, says Nirmala Sitharaman
Gujarat Chief Minister Vijay Rupani also responded to Guha's tweet saying that Indians would not fall for "tricks" of dividing them
The maths of moratorium
At a cost of 0.1-0.15% of GDP, the government can give confidence to both banks and MSMEs
