Page 84 - Latest Updates on Nirmala Sitharaman
Govt working on financial package for all sectors amid Covid outbreak
Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".
 "Govt working on financial package for all sectors amid Covid outbreak")
Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown
DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr
 "Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown")
PM meets Shah, Sitharaman for second stimulus package as lockdown continues
Small businesses, farmers, women, poor, migrant workers and other marginalised sections are likely to benefit from the second stimulus
 "PM meets Shah, Sitharaman for second stimulus package as lockdown continues")
Covid-19 crisis: PM Modi reviews aviation, power sectors' performance
Reviewing the power sector, the prime minister underlined its importance in propelling the economy. The need for an effective enforcement of contracts to attract private investment was also discussed.
 "Covid-19 crisis: PM Modi reviews aviation, power sectors' performance")
FinMin modifies circular on one-day's salary contribution to PM-CARES Fund
A circular issued on April 17 had urged all the officers and staff of the finance ministry to contribute one-day's salary every month to the fund till March 2021, beginning from May 2020
 "FinMin modifies circular on one-day's salary contribution to PM-CARES Fund")
Rs 65,000 cr package needed for poor, target is doable: Raghuram Rajan
Former RBI Governor responds to Rahul Gandhi's question, says GDP is Rs 200 trillion, and out of that 65,000 crore is not a huge amount
 "Rs 65,000 cr package needed for poor, target is doable: Raghuram Rajan")
Govt may extend 'Vivad se Vishwaas' tax settlement deadline to September
Hopes for bettwe results post Covid-19 as revenue dept has not seen a single deposit owing to the disease outbreak
 "Govt may extend 'Vivad se Vishwaas' tax settlement deadline to September")
Global business bodies nudge FM Sitharaman to defer equalisation levy
The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisation levy while the matter is still under discussion at international level.
 "Global business bodies nudge FM Sitharaman to defer equalisation levy")
Govt increases portfolio of infra projects, raises spending to Rs 111 trn
The estimate has been made for the five-year period ending 2025
 "Govt increases portfolio of infra projects, raises spending to Rs 111 trn")
Wilful defaulters benefited from 'phone banking' under UPA regime: FM
Congress has attempted to mislead people, and Rahul Gandhi should introspect why his party fails to play a constructive role in cleaning up the system, says Nirmala Sitharaman
 "Wilful defaulters benefited from 'phone banking' under UPA regime: FM")
Market Ahead, April 29: Top Factors That Could Guide Markets Today
Moody's Investors Service has slashed India's growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March
 "Market Ahead, April 29: Top Factors That Could Guide Markets Today")
Over Rs 68,600-crore loans of wilful defaulters written off, says RBI
The write-offs are technical or prudential in nature, which means the banks have made 100 per cent provisions against the loans
 "Over Rs 68,600-crore loans of wilful defaulters written off, says RBI")
Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman
'Congress and Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system,' she said
Govt's second stimulus likely this week, may keep industry waiting
Small businesses, farmers, women, poor, migrant workers to benefit from latest measures for political messaging.
 "Govt's second stimulus likely this week, may keep industry waiting")
Finance Ministry likely to present new GDP, budgetary targets by July
FinMin has internal estimates for economic growth, but these are subject to revisions
 "Finance Ministry likely to present new GDP, budgetary targets by July")
Finance panel's advisory council bats for support to small players, NBFCs
The Commission will wait for gross domestic product (GDP) data in the January-March and April-June quarters before finalising its reports to the government for 2021-22 to 2025-26
 "Finance panel's advisory council bats for support to small players, NBFCs")
Market Ahead, April 24: Top Factors That Could Guide Markets Today
A major event investors will track today will be the meeting between Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to finalise a second stimulus package
 "Market Ahead, April 24: Top Factors That Could Guide Markets Today")
Top biz headlines: Stimulus package for industry, IBC breather and more
Here are the top 10 business headlines on Friday morning
 "Top biz headlines: Stimulus package for industry, IBC breather and more")
India Inc gets IBC breather for six months amid coronavirus outbreak
Section 7 of the Code enables financial creditors to start insolvency proceedings against a company, while section 9 gives these powers to an operational creditor
 "India Inc gets IBC breather for six months amid coronavirus outbreak")
Covid-19 impact: Govt puts on hold DA hike for employees, pensioners
The existing rates of 17 per cent DA/DR will continue to be paid till July 1, 2021. From that day onwards, the new rates of DA/DR will be restored 'prospectively'
 "Covid-19 impact: Govt puts on hold DA hike for employees, pensioners")
