Page 93 - Latest Updates on Nirmala Sitharaman
Why LIC's present governance culture makes it a poor investment bet
IPO plans for the state-owned insurer will reveal weaknesses in its business model
 "Why LIC's present governance culture makes it a poor investment bet")
Merger of public sector banks on schedule, says Nirmala Sitharaman
"We are on the course on bank mergers... lot of core banking operations regarding the merger are currently going on"
 "Merger of public sector banks on schedule, says Nirmala Sitharaman")
Govt 'closely monitoring' impact of coronavirus on economy: Sitharaman
In the wake of the virus outbreak, many airlines, including Indian carriers, have cancelled some overseas flights
 "Govt 'closely monitoring' impact of coronavirus on economy: Sitharaman")
SBI Cards & Payment IPO price band fixed at Rs 750-755, opens on March 2
Promoters SBI and Carlyle Group will offload 3.73 crore shares and 9.32 shares respectively
 "SBI Cards & Payment IPO price band fixed at Rs 750-755, opens on March 2")
Govt asks telcos to submit supporting documents on AGR self-assessment
The ministry, which is implementing the companies law, also said the new web form would facilitate on-screen filing and real-time data validation for seamless incorporation of companies
Time for Int'l community to build new tax regime embracing digitization: FM
The finance minister emphasised on the need for a closer collaboration between revenue agencies to investigate tax affairs of offenders who cross-borders for escaping tax investigation, a tweet said
Nirmala Sitharaman emphasises need to enhance global risk monitoring
The finance minister also highlighted the initiatives undertaken by the Indian government for empowering women such as 'Stand Up India' and STEP scheme
'Vivad se Vishwas': Cases in arbitration abroad eligible, says I-T dept
The income tax department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme
 "'Vivad se Vishwas': Cases in arbitration abroad eligible, says I-T dept")
Efforts on to include G-Secs in global indices soon, says Shaktikanta Das
The development would attract higher foreign flows as many overseas funds are mandated to track global indices
 "Efforts on to include G-Secs in global indices soon, says Shaktikanta Das")
As another global economic crisis looms, is it time to disband the G20?
We need to be aware that the failure to bring global finance to heel and, in fact, the encouragement given to it, have brought the world to the brink of another major crisis
 "As another global economic crisis looms, is it time to disband the G20?")
Centre releases Rs 19950 cr GST compensation to states, total at Rs 1.2 trn
In a statement, the finance ministry said Rs 19,950 crore was released to states and union territories on last Monday
 "Centre releases Rs 19950 cr GST compensation to states, total at Rs 1.2 trn")
Govt to reveal steps on trade issues over coronavirus soon, FM chairs meet
The Finance Minister reviewed the preparedness to deal with issues surrounding the outbreak at a time when several sectors including manufacturing and distribution raised concerns
AGR dues: Vodafone Idea has paid Rs 1,000 crore to DoT, say sources
Earlier this week, the telecom company had paid Rs 2,500 crore and said it would pay Rs 1,000 crore more by the end of the week
 "AGR dues: Vodafone Idea has paid Rs 1,000 crore to DoT, say sources")
Coronavirus: Govt announces relief for contractors; oil rallies for 7th day
The announcement came a day after FM held talks with industry leaders on coronavirus-related issues
 "Coronavirus: Govt announces relief for contractors; oil rallies for 7th day")
ICEA writes to FM, major states asking not to hike GST rate on cellphones
The letter alleged that there are "distortions in the GST rate on components" which ICEA finds illogical
 "ICEA writes to FM, major states asking not to hike GST rate on cellphones")
Govt moves to take on coronavirus challenge, plays down price rise concerns
Will hold meetings to chalk out action plan; FM plays down price rise concerns
 "Govt moves to take on coronavirus challenge, plays down price rise concerns")
Coronavirus: FM takes stock of trade issues, sees no impact on prices
The development comes in the wake of issues surrounding imports from and exports to China even as the Coronavirus outbreak grips that country
 "Coronavirus: FM takes stock of trade issues, sees no impact on prices")
AGR dues: Will wait to hear from DoT, says FM Nirmala Sitharaman
"In light of court's orders, the department is engaging with telcos after the reviews and I will wait to hear from the department to take a position," said Sitharaman.
 "AGR dues: Will wait to hear from DoT, says FM Nirmala Sitharaman")
Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman
Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"
 "Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman")
No proposal to merge LIC Housing Finance with any other entity: LIC
The statement came after some reports suggested that insurance behemoth LIC might expedite the process of merging LICHFL with its banking arm IDBI Bank
 "No proposal to merge LIC Housing Finance with any other entity: LIC")
