Used this Budget for growth direction, not for elections: Nirmala Sitharaman

Used this Budget for growth direction, not for elections: Nirmala Sitharaman

“I think right from the very beginning, when the preparations for this budget started, honourable PM was very clear and the guidance which we had was very clearly to give a direction towards the next 5 years, 10 years and so on,” says Nirmala Sitharaman, Finance Minister.Navika Kumar: Being a woman and making it to … Read more

Govt allows direct listing by Indian cos on foreign exchanges; what does it mean for India Inc?

Govt allows direct listing by Indian cos on foreign exchanges; what does it mean for India Inc?

MUMBAI – The government’s decision to allow Indian companies to go for direct listing on foreign exchanges as well as on the International Financial Service Centre (IFSC) has been lauded by market mavens, as they believe this will attract investments and growth capital. While speaking at the launch event of AMC Repo Clearing and a … Read more

In Kremlin stunt, President Vladimir Putin, 8-year-old girl lobby Finance Minister for budget funds

In Kremlin stunt, President Vladimir Putin, 8-year-old girl lobby Finance Minister for budget funds

Russian President Vladimir Putin greets 8-year-old Raisat Akipova, from Derbent, at the Kremlin in Moscow, Russia on July 4, 2023. | Photo Credit: AP Russian President Vladimir Putin hosted an eight-year-old girl in the Kremlin on July 4 and got her to join him in a bizarre phone call to his Finance Minister to ask … Read more

STT hike on selling options leave traders confused

STT hike on selling options leave traders confused

NEW DELHI: Finance Minister Nirmala Sitharaman‘s latest move to increase securities transaction tax (STT) on selling options has left traders confused. The latest amendment to Finance Bill 2023 passed by the Lok Sabha today shows that the STT on selling of options has gone up from 0.017% to 0.021%. However, NSE website shows that with … Read more

Budget’s objective was to keep the growth momentum alive: Nirmala Sitharaman

Budget’s objective was to keep the growth momentum alive: Nirmala Sitharaman

“We need to sustain the growth momentum, otherwise it is not possible for India which like many other countries is facing the global challenges to reach and sustain the fastest growing economy level,” says Nirmala Sitharaman, Finance Minister. Navika Kumar: Ms Nirmala Sitharaman, Honorable Union Finance Minister who is the first woman finance minister to … Read more

Provided free foodgrains to 80 crore poor people, no one went hungry during pandemic: Finance Minister Sitharaman

Provided free foodgrains to 80 crore poor people, no one went hungry during pandemic: Finance Minister Sitharaman

Indian Finance Minister Nirmala Sitharaman | Photo Credit: AP The government ensured that no one went hungry during the pandemic by providing free foodgrains to 80 crore poor people, Finance Minister Nirmala Sitharaman said on February 1. Also Read | Union Budget 2023-24 live updates In times of global challenges, G-20 presidency gives an opportunity … Read more

Every citizen’s confidence at its peak, world’s outlook on India has changed, says President Droupadi Murmu

Every citizen’s confidence at its peak, world’s outlook on India has changed, says President Droupadi Murmu

President Droupadi Murmu with Vice President Jagdeep Dhankhar, Lok Sabha Speaker Om Birla and Prime Minister Narendra Modi arrive at Parliament House to attend first day of Budget session in New Delhi on January 31, 2023. | Photo Credit: Shiv Kumar Pushpakar In her maiden address to the joint sitting of both Houses of parliament … Read more

Economic Survey 2022-23 live updates | India can enhance GDP growth if ‘LIC’ is dismantled, says CEA

Economic Survey 2022-23 live updates | India can enhance GDP growth if ‘LIC’ is dismantled, says CEA

The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 % from 6.8% during the current fiscal ending March 31. “Our growth projections actually for India are unchanged from our October Outlook. We have 6.8% growth for this current … Read more

If I were FM: Dr Vikas Gupta highlights 7 suggestions for Budget 2023 to boost growth & digital transformation

If I were FM: Dr Vikas Gupta highlights 7 suggestions for Budget 2023 to boost growth & digital transformation

(As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision:The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a … Read more

Freebie is not an issue, issue is how will you give it: Nirmala Sitharaman

Freebie is not an issue, issue is how will you give it: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Responding to a question on freebies, Finance Minister Nirmala Sitharaman, who was participating in the 75th year celebrations of Panchjanya — an RSS-linked magazine, said that freebies are something that everyone is talking about these days and everyone traps others on the same subject. “People try … Read more