Tag: Nirmala Sitharaman
FM counters Stalin, denies curbs on paddy incentives
New Delhi: Finance minister Nirmala Sitharaman on Sunday dismissed Tamil Nadu chief minister MK Stalin‘s allegation that the Union government had directed the state not…
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for…
West Asia conflict threatens global energy arteries; prudent economic handling over a decade allows India to keep space for capex: FM
Finance minister Nirmala Sitharaman on Monday said the West Asia conflict has evolved from a regional security concern to a systemic tremor, “threatening vital arteries…
Parliament passes amendments to IBC to quicken resolution process, reduce backlog
New Delhi: Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) to provide faster resolutions, reduce case backlog and strengthen the financial…
Govt notifies Finance Act 2026 that changes tax provisions from April 1
New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals…
IBC helped banks recover 52% bad loans: Nirmala Sitharaman
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Monday said the decade-old insolvency law has been instrumental in improving the health of the…
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
IBC reforms: Government moves to fix insolvency delays
Finance and corporate affairs minister Nirmala Sitharaman has moved a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code (IBC). ET looks…
Union Budget 2026 gets Parliament nod; Finance Bill approved
The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the…
Government cuts excise duty on fuel, raises export costs amid West Asia crisis| Business News
The Union government has reduced excise duty on domestic petrol and diesel by ₹10 per litre each to protect consumers from rising international oil prices,…