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Home > Nirmala Sitharaman
Nirmala Sitharaman
Finance Minister Nirmala Sitharaman. (Photo: ANI)
Govt to sell Air India, BPCL by March 2020: Sitharaman
18 Nov 2019 12:40 PM

In 2018, government put up 76 per cent stake of Air India for sale, which saw a lukewarm response by investors.

Sitharaman also said that no bank has approached the finance ministry raising concern over their exposure to the telecom sector.
Govt intends to address concerns of telecom sector, says Sitharaman
16 Nov 2019 10:51 AM

The SC last month ruled in favour of the govt and directed telecom companies to pay as much as Rs 1.42 lakh crore.

Finance Minister Nirmala Sitharaman. (Photo: File)
Govt mulls raising insurance cover on bank deposits to above Rs 1 lakh: FM
15 Nov 2019 7:21 PM

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.

Finance Minister Nirmala Sitharaman. (Photo: ANI)
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
13 Nov 2019 3:10 PM

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during 2019-20.

Finance Minister Nirmala Sitharaman. (Photo: ANI)
Nirmala Sitharaman reviews state of economy at FSDC meeting
07 Nov 2019 1:56 PM

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.

The new fund, or special window, will help revive more than 1,600 moribund housing projects, Sitharaman said. (Photo: File)
India approves USD 1.4 billion for fund to help stalled housing projects
07 Nov 2019 8:21 AM

The real estate sector in India has been hit by a severe liquidity crunch this year after a series of debt defaults by NBFC.

Being termed as a “special window” for incomplete housing projects, Ms Sitharaman had first mentioned about the fund on September 14.
Stalled realty projects get Rs 25,000-crore bailout fund
07 Nov 2019 1:31 AM

Centre okays rescue package for ailing real estate sector.

Announcing the decision, Finance Minister Nirmala Sitharaman said the government will put in Rs 10,000 crore in this alternative investment fund (AIF) while SBI and LIC would provide Rs 15,000 crore, taking the total size to Rs 25,000 crore. (Photo: File)
Cabinet approves Rs 25,000 crore fund for stalled housing projects
06 Nov 2019 8:35 PM

The fund will finance 1,600 stalled housing projects comprising 4.58 lakh housing units across India, said FM Sitharaman.

Finance Minister Nirmala Sitharaman, while talking to reporters, said states too will have to make efforts in improving the business climate in India, especially with regard to property registration. (Photo: File)
Sitharaman promises further GST simplification to help India improve biz ranking
24 Oct 2019 4:05 PM

India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.

Finance Minister Nirmala Sitharaman.
No need to escalate one case to reflect everything to do with IBC: Sitharaman
21 Oct 2019 9:59 AM

Bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.

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