Page 92 - Latest Updates on Nirmala Sitharaman
Govt to retain management control in LIC after listing: FM Sitharaman
The IPO, she said, would be brought out after necessary legislative changes and regulatory approvals
 "Govt to retain management control in LIC after listing: FM Sitharaman")
Best of BS Opinion: GST collection, India's telecom crisis, and more
Business Standard Opinion pieces for the day talk about government finances in the context of GST, along with other policy issues.
 "Best of BS Opinion: GST collection, India's telecom crisis, and more")
Vivaad Se Vishwas scheme to help save time, money in fighting disputes: FM
As many as 4.83 lakh direct tax cases worth Rs 9.32 lakh crore are locked up in various appellate forums such as Commissioner (Appeals), ITAT, High Courts, Supreme Court and Debt Recovery Tribunals
 "Vivaad Se Vishwas scheme to help save time, money in fighting disputes: FM")
Govt's FY20 disinvestment target may fall short by Rs 10,000 crore
The only transactions that are expected to go through by March 31 include the acquisition of THDC and NEEPCO by NTPC, the planned IPO of IRFC, and some buybacks by PSUs, it's learnt
 "Govt's FY20 disinvestment target may fall short by Rs 10,000 crore")
Parliament: Why EC won't support poll funding, banks' bad loan burden
The first phase of the Budget Session began on January 31 and will go on till February 11.
 "Parliament: Why EC won't support poll funding, banks' bad loan burden")
Virus forces world to rethink strategy
Developing more sources of supplies to guard against disruptions may emerge as the next big trend. But with what's happening in Delhi, India stands to lose out on a chance
 "Virus forces world to rethink strategy")
We have saved Rs 1 trn through DBT by using tech efficiently: Sitharaman
She also said that they have "revolutionised" technology-driven PFMS and it has empowered India to be accountable, responsive and transparent
 "We have saved Rs 1 trn through DBT by using tech efficiently: Sitharaman")
Have our bankers forgotten to lend?
No and yes. The rules of the game have been changed forever...
 "Have our bankers forgotten to lend?")
CBDT to link field officers' appraisals, postings with 'Vivad se Vishwas'
'Vivad se Vishwas' scheme for resolving income tax cases was announced during the 2020-21 Budget presentation by Finance Minister Nirmala Sitharaman
 "CBDT to link field officers' appraisals, postings with 'Vivad se Vishwas'")
Centre plans to promote 250 new farmer-producer bodies in FY 2020-21
The Union Cabinet last week sanctioned Rs 6,868 crore for the new FPO scheme
 "Centre plans to promote 250 new farmer-producer bodies in FY 2020-21")
Steadiness in economy is good sign: Sitharaman as GDP growth stands at 4.7%
GDP growth was registered at 5.6 per cent in the corresponding quarter of 2018-19, as per data released by the NSO
Coronavirus will be challenge if issues not resolved in 3 weeks: Sitharaman
'No need to press the panic button because of the Coronovirus epidemic; the outbreak will be a challenge if issues do not get resolved in three weeks,' Finance Minister Nirmala Sitharaman said
 "Coronavirus will be challenge if issues not resolved in 3 weeks: Sitharaman")
Coronavirus: Firms haven't expressed raw material supply concerns, says FM
The deadly virus which originated in China has claimed the lives of more than 2500 people in the country
From vivad to samvad, to gain vishwas
The culture of 'collect first, correct later' needs to change
 "From vivad to samvad, to gain vishwas")
240,000 ATMs to be recalibrated, but consumers need not worry, says FIS
In case of recalibration the number of withdrawals would increase as only lower denomination notes were likely to be dispensed
 "240,000 ATMs to be recalibrated, but consumers need not worry, says FIS")
Merger of public sector banks on schedule, says Nirmala Sitharaman
But in a meeting with the brass, Sitharaman didn't discuss the merger process,said a banker
 "Merger of public sector banks on schedule, says Nirmala Sitharaman")
FM warns banks against trusting credit scores of loan seekers 'blindly'
The FM told the top bank executives to listen to the concerns of branch-level staff
Telecom Dept looking into issues related to AGR payment: Sitharaman
Following the SC order on the AGR of telcos, industry honchos Sunil Bharti Mittal and Kumar Mangalam Birla had met the finance minister
 "Telecom Dept looking into issues related to AGR payment: Sitharaman")
FM assures bankers they will not be hauled for genuine commercial decisions
Sitharaman also urged bankers to give emphasis on branch based banking and improve customer ease
 "FM assures bankers they will not be hauled for genuine commercial decisions")
BS Insurance Round Table 2020: Insurers unnerved by new tax regime
Leaders of the insurance industry bat for 100 per cent FDI in the sector
 "BS Insurance Round Table 2020: Insurers unnerved by new tax regime")
