Nirmala Sitharaman

News and Trends

Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?

The harsh treatment of 30 per cent tax on profit and one per cent VDA coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India

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Indian Companies Can Go For Overseas Listing, Says Nirmala Sitharaman

The approval came after three years of announcement as part of the Covid relief package, which will enable domestic companies to access foreign funds by listing their shares on various exchanges overseas

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Working With MeitY And RBI; FM On Ponzi Apps

Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them

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Buying Amul Products Is Not Against Karnataka, Says Nirmala Sitharaman

The minister further emphasized the importance of healthy competition, which has led to India becoming the world's largest milk producer and argued that the focus should be on strengthening India in every aspect, rather than creating political issues around the dairy industry

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Crypto Issue Requires Immediate Attention, Says Nirmala Sitharaman

The minister further noted that there was consensus among G20 members to have a globally coordinated policy response on crypto assets that takes into consideration the full range of risks, including those specific to emerging markets and developing economies

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India's G20 Presidency Aims To Develop a Common Framework To Deal With Crypto Risks, Says Nirmala Sitharaman

According to the finance minister, G20 is trying to bring together all countries to address debt distress in middle-income and low-income nations like Sri Lanka and Ghana

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India Wants WTO To Be More Progressive To Other Countries, Says Nirmala Sitharaman

The finance minister also said that WTO needs to give more space to the countries which have something different to say and not just hear

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Inflation Has Been Kept At 6% Or Below Despite Adverse Circumstances, Says Nirmala Sitharaman

The finance minister also added that price rise is a matter on which the Centre is very sensitive and responsive

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Stand-Up India Scheme: Government Sanctions More Than INR 40,700 Crore To Over 1.80 Lakh Accounts

Stand up India Scheme, launched on April 5, 2016, with a focus on economic empowerment and job creation, has been extended up to 2025

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Nirmala Sitharaman Reviews PSBs Performance Amid Stress In US Fin Systems

The report stated that the minister advised the banks remain vigilant about the interest rate risks and regularly undertake stress tests

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Finance Bill 2023 Passed: Key Takeaways

The Lok Sabha on Friday approved The Bill with 64 official amendments

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Digital E-Rupee Worth Over INR 130 Crore Is In Circulation, Says Nirmala Sitharaman

India launched its e-Rupee on December 1st in 5 select locations in a closed user group for making Person to Person (P2P) and Person to Merchant (P2M) transactions

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Nirmala Sitharaman Meets Counterparts Ahead Of G20 To Discuss Crypto Regulation

The other key factors that were discussed in the meeting were preparedness for future pandemics, strengthening multilateral development banks and so on

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Centre Open To Inclusion Of Petroleum Products Under GST Regime, Says Nirmala Sitharaman

The finance minister said the fiscal consolidation for which the government had given a road map, they are completely aligning themselves with it

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Nirmala Sitharaman Reviews MCA Site Glitches And Directs To Form Special Team To Resolve

The latest version of MCA21 portal was launched on January 23