Page 91 - Latest Updates on Nirmala Sitharaman
RBI to come up with a reconstruction plan for YES Bank soon: Sources
"This will surely not be a rescue plan. You will get to know when the scheme is out," a top SBI executive who did not wish to be named said, hinting that SBI might not take over YES Bank
 "RBI to come up with a reconstruction plan for YES Bank soon: Sources")
YES Bank crisis: FM assures depositors as RBI promises quick resolution
RBI has assured there will be a quick resolution, says FM, even as RBI Governor promises resolution in 30 days; SBI Chairman Rajnish Kumar says problem at hand is lender-specific, not sectoral
 "YES Bank crisis: FM assures depositors as RBI promises quick resolution")
Parliament LIVE: Why is Amit Shah silent on Delhi violence, asks Oppn
Finance Minister Nirmala Sitharaman would move 'The Direct Tax Vivad Se Vishwas Bill, 2020, for consideration. Stay tuned for LIVE updates on Parliament session in the Lok Sabha and Rajya Sabha
 "Parliament LIVE: Why is Amit Shah silent on Delhi violence, asks Oppn")
Investor sentiment not dampened by Delhi violence, anti-CAA protests: FM
Addressing a press conference here, she said the investors she met in her recent visit to Saudi Arabia expressed willingness to invest more in the country
 "Investor sentiment not dampened by Delhi violence, anti-CAA protests: FM")
Delhi violence: Anurag Thakur ducks question on 'goli maro' remark
Sitharaman said, "No reaction. I am here to address the question. No reaction. Today's meeting will concentrate on what's been done with the banks."
 "Delhi violence: Anurag Thakur ducks question on 'goli maro' remark")
Confident that Parliament will pass changes in Companies Act: FM
Earlier this weak, the cabinet approved 72 changes to the companies law as the government aims further improvement in the companies law
 "Confident that Parliament will pass changes in Companies Act: FM")
Want to assure YES Bank depositors that their money is safe: FM Sitharaman
She added that the people can withdraw money to deal with tough situations and the cash crunch is being dealt with
 "Want to assure YES Bank depositors that their money is safe: FM Sitharaman")
Can't cherry-pick issues under 'Vivad se Vishwas', clarifies govt
Disputes relating to wealth, securities transactions, commodities transaction tax, and the equalisation levy will not be covered under the Vivad se Vishwas amnesty scheme.
 "Can't cherry-pick issues under 'Vivad se Vishwas', clarifies govt")
AGR dues: Centre rules out any bailout package specifically for Voda Idea
Vodafone Idea has has maintained it would not be possible to continue as a going concern without any relief from the government on payment of AGR dues
 "AGR dues: Centre rules out any bailout package specifically for Voda Idea")
Merger of 10 banks into 4 to come into effect from Apr 1, says Sitharaman
Integration of balance sheets to be effective from April 1; bank boards to meet soon to finalise the share swap ratio
Coronavirus: Ready for meaningful intervention to deal with impact, says FM
Earlier in the day, the government said all international passengers, and not just those from the 12 countries listed earlier, will henceforth be screened at the airports for the disease.
 "Coronavirus: Ready for meaningful intervention to deal with impact, says FM")
Cabinet nod for foreign listing of firms, decriminalising offences
In ease of doing business push, 72 changes to companies law okayed
 "Cabinet nod for foreign listing of firms, decriminalising offences")
Will go through Supreme Court order on cryptocurrency: FM Sitharaman
The apex court on Wednesday set aside an RBI circular of 2018 which had prohibited financial sector entities from providing services to any individual or business dealing in virtual currencies.
 "Will go through Supreme Court order on cryptocurrency: FM Sitharaman")
Merger of 10 public sector banks into 4 to come into effect from Apr 1: FM
The Union Cabinet, she said, has given a go-ahead for the merger proposal and the government has been in regular touch with these banks
 "Merger of 10 public sector banks into 4 to come into effect from Apr 1: FM")
Facing tax and divestment shortfall, govt puts faith in Vivaad se Vishwas
The scheme is the sixth tax amnesty launched by Modi-govt; none of its predecessors has yielded anything close to Rs 9 trillion, the amount the govt hopes to mop up this time
 "Facing tax and divestment shortfall, govt puts faith in Vivaad se Vishwas")
Govt approves 72 amendments to Companies Act to decriminalise offences: FM
As many as 23 offences would be recategorised out of 66 compoundable offences under the Act
 "Govt approves 72 amendments to Companies Act to decriminalise offences: FM")
Licence to harass
CBDT's new performance appraisal needs review
 "Licence to harass")
FM Sitharaman introduces bill that aims to prevent a PMC Bank-like crisis
The Banking Regulation (Amendment) Bill, 2020, which comes in the backdrop of PMC Bank scam, seeks to strengthen co-operative banks by increasing professionalism and ensuring sound banking through RBI
 "FM Sitharaman introduces bill that aims to prevent a PMC Bank-like crisis")
Par panel recommends creation of market intelligence cell for MSMEs
The panel also proposed multiple registrations with several government agencies for various purposes should be done away with for MSMEs
 "Par panel recommends creation of market intelligence cell for MSMEs")
Parliament: Why govt has no record on farmer income, who will own LIC
Finance Minister said that listing of LIC will give opportunity for retail investors to participate in the creation of wealth
 "Parliament: Why govt has no record on farmer income, who will own LIC")
