Tag: Nirmala Sitharaman

Delhi versus Mumbai: How the interest rate battle is playing out
Posted in Economy

Delhi versus Mumbai: How the interest rate battle is playing out

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided in its meeting held last month to keep the policy rate unchanged…

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Food price exclusion from inflation targets a flawed strategy? The heated debate in India

India’s retail inflation surged to a 14-month high of 6.2% in October, reigniting a debate on the country’s inflation targeting framework and whether food prices…

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Work begins on credit index for MSMEs to boost funding
Posted in Economy

Work begins on credit index for MSMEs to boost funding

New Delhi: The government has begun discussions with stakeholders, including banks and regulators, to develop a ‘Creditworthiness Index‘ as part of its push to improve…

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FM Nirmala Sitharaman flags mis-selling of insurance, calls for collateral free loans to MSMEs
Posted in Economy

FM Nirmala Sitharaman flags mis-selling of insurance, calls for collateral free loans to MSMEs

Mumbai: Finance minister Nirmala Sitharaman on Monday expressed concerns over the mis-selling of products, particularly insurance, stating that it adds to the customers’ borrowing costs….

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India may cut import taxes if desi companies are not hurt, FM Sitharaman says
Posted in Economy

India may cut import taxes if desi companies are not hurt, FM Sitharaman says

India’s Finance Minister Nirmala Sitharaman has said the country could consider easing some import taxes, as long as these changes in duties do not harm…

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Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
Posted in Economy

Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22

Union Finance Minister Nirmala Sitharaman is likely to meet her state counterparts on December 21-22 for pre-budget consultations and meeting of the GST Council, an…

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FM seeks AIIB help for next gen reforms

Finance minister Nirmala Sitharaman on Monday called on the Asian Infrastructure Investment Bank (AIIB) to widen its investments in climate adaptation and resilience, infrastructure development,…

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AIIB should strive for innovative financing tools, greater private capital mobilisation: FM Nirmala Sitharaman
Posted in Economy

AIIB should strive for innovative financing tools, greater private capital mobilisation: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the Asian Infrastructure Investment Bank (AIIB) should strive for greater provision of innovative financial models and scale up…

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Public digital infrastructure helped micro level players grow in India: FM Sitharaman
Posted in Economy

Public digital infrastructure helped micro level players grow in India: FM Sitharaman

India’s approach to spreading digital infrastructure networks by country’s “public money” instead of choosing private players, unlike other countries, helped the micro-level players and businesses…

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India considers expanded measures to boost strategic foreign investment from 5-year lows
Posted in Economy

India considers expanded measures to boost strategic foreign investment from 5-year lows

The Indian government is considering expanded measures to allow greater flexibility for strategic foreign investors to buy stakes in local companies after offshore investment slumped…

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