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The Latest Breaking News from Nirmala Sitharaman

Exclude borrowings by State government entities when fixing net borrowing ceiling: Kerala Finance Minister K. N. Balagopal

In a letter to Union Finance Minister Nirmala Sitharaman, Mr. Balagopal also emphasised that the Centre rarely imposes any such limits on its own borrowings

The Hindu

Centre released ₹8,125 crore to RLBs in Andhra Pradesh, says Sitharaman

14th Finance Commission recommended grant of ₹8,654 crore for 2015-16 to 2019-20 fiscal

The Hindu

State’s hopes of permissions for more open market borrowings dashed

Finance Minister asserts that borrowings by the State-owned institutions will be considered State’s borrowing

The Hindu

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GST on essential items after States sought levy, aimed to check evasion: Official

Union Finance Minister Nirmala Sitharaman on July 19 stated that States levied sales tax or VAT on foodgrains in the pre-GST regime and the present levy on cereals, pulses, flour, curd and lassi is an exercise to curb tax leakage

The Hindu

'No GST on crematorium services': Parliament business suffers as BJP, Congress spar over tax hike

NEW DELHI: The business of Parliament’s monsoon session suffered for the third consecutive day over the protest by the Congress-led opposition against inflation and the recent levy of Goods and Services Tax (GST) on certain items. A war of words has ensued between the BJP and the principal opposition Congress…

The Times of India

Congress says it is ‘cruel’ to impose GST on items of essential consumption in times of inflation

Congress general secretary Jairam Ramesh slammed FM Nirmala Sitharaman over her defence of the hike in GST rates on food items, alleging Modi government is penalising aspiration and a desire to buy more hygienically packed goods.

The Hindu

Explained: No GST on 14 mass consumption items when sold loose

NEW DELHI: Following an uproar in Parliament over imposition of 5 per cent goods and services tax (GST) on pre-packaged and pre-labelled staple items, finance minister Nirmala Sitharaman on Tuesday clarified that daily need items like pulses, wheat, rye, oats, maize, rice, suji, besan, puffed rice, curd/lassi when sold loose…

The Times of India

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GST on daily use items: Nirmala Sitharaman says decision taken with all states onboard

NEW DELHI: Facing criticism over GST on daily use items, finance minister Nirmala Sitharaman on Tuesday said the 5 per cent tax is being levied on wheat flour and other items after nod from all states, including non-BJP ruled states.

The Times of India

Decision on GST hike taken after all States’ consent: Nirmala Sitharaman

Food items sold loose not to attract GST, clarifies Finance Minister Nirmala Sitharaman

The Hindu

Nirmala Sitharaman tests positive for COVID-19; casts her vote for Presidential election in PPE kit

Official sources said she contracted COVID-19 during her Indonesia visit

The Hindu

RBI wants to prohibit cryptocurrencies; govt seeks international collaboration: Nirmala Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the RBI has expressed concerns over cryptocurrencies saying that they should be prohibited as they can have destabilising effect on the monetary and fiscal stability.

The Times of India

Business: RBI wants govt to prohibit cryptocurrencies, says FM Sitharaman

The RBI mentioned that cryptocurrencies are not a currency because every modern currency needs to be issued by the central bank or the government, Finance Minister Nirmala Sitharaman said. Read more on Dynamite News:

Dynamite News

Allow India to export foodgrains from public stock to needy nations: Nirmala Sitharaman to WTO

NEW DELHI: Finance minister Nirmala Sitharaman on Friday asked World Trade Organisation (WTO) to allow India to export foodgrains from its public stockholding to nations which are facing food crisis.

The Times of India

Chidambaram says Nirmala Sitharaman should appoint chief economic astrologer, BJP calls it ‘obnoxious’ comment

NEW DELHI: Under attack from its rivals over the economy, the BJP has launched a counter-offensive in order to defend the Narendra Modi government at the Centre.

The Times of India

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The Hindu

Morning Digest | Rishi Sunak tops first round of Tory race for next U.K. PM; India has achieved clean energy targets before deadline, says Power Minister, and more

A select list of stories to read before you start your day

The Hindu

Congress questions Finance Minister’s interest in tackling inflation

Nirmala Sitharaman had tweeted pictures taken by NASA’s James Webb telescope

The Times of India

PMGKAY and other tailor-made schemes saved poor from impact of inflation: Finance minister

NEW DELHI: Government's tailor-made programmes, including the Pradhan Mantri Garib Kalyan Yojana (PMGKAY), played a key role in saving the poor and vulnerable section from the impact of inflation, finance minister Nirmala Sitharaman said on Tuesday.

The Times of India

Govt watchful of price situation; pointed attack on inflation to continue: Finance minister

NEW DELHI: With consumer price inflation remaining high, finance minister Nirmala Sitharaman on Tuesday said the government is watchful of the price situation and will continue the pointed attack on inflation.

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Dynamite News

27 new Rajya Sabha members take oath

The Members who took oath/affirmation today include Union Ministers Nirmala Sitharaman and Piyush Goyal. Read full story on Dynamite News

The Times of India

Sanction a Mega Integrated Textile Region and Apparel Park for Bihar: Shahnawaz Hussain to Centre

PATNA: Industry minister Syed Shahnawaz Hussain on Tuesday made an appeal to the central government to sanction a PM MITRA (Mega Integrated Textile Region and Apparel) Park to Bihar. Shahnawaz said 1719 acres of land has already been identified in West Champaran for this purpose.

The Times of India

Finance minister asks Niti Aayog to map all industrial activities for incorporating them into PM Gati Shakti

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday asked the Niti Aayog to prepare a report mapping all the industrial activities such as corridors, logistics parks and pharma hubs so that they can be incorporated under the PM Gati Shakti initiative of the government.

The Hindu

FM Nirmala Sitharaman to meet heads of banks; to review performance, governance reforms in RRBs

According to sources, the meeting is expected to review governance reforms in Regional Rural Banks.

The Hindu

Union ministers to tour Telangana from this month

Proposed ‘Parliament Pravas Yojana’ to spread awareness on Central welfare schemes

Dynamite News

24 Rajya Sabha members to take oath on Friday

Twenty-four newly-elected members of the Rajya Sabha will take oath on Friday in the chamber of the Upper House of the Parliament. Read more on Dynamite News:

The Times of India

Explained: Govt can garner Rs 1 lakh crore from duties, cess on petroleum products

NEW DELHI: The government could garner over Rs 1 lakh crore if it continues to levy cess/duty on production of petroleum crude, and on export of petrol, diesel, and ATF for the rest of fiscal 2023.

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