The government today rolled back cuts on interest rates on small savings schemes, including National Savings Certificates or NSC and Public Provident Fund or PPF, announced last evening. Continue Reading
Finance Minister Nirmala Sitharaman on Wednesday said India enjoys an investment grade rating and she does not see a rating downgrade because of higher spending. Continue Reading
A bill to increase foreign direct investment limit in the insurance sector to 74 per cent from the current 49 per cent was approved by the Rajya Sabha on Thursday. Continue Reading
Congress MP Mallikarjun Kharge today said that the Insurance Amendment Bill 2021, passed by the Rajya Sabha Thursday, was ‘flawed,’ demanding that it be sent to a Standing Committee. Continue Reading
Finance Minister Nirmala Sitharaman on Tuesday said monetisation of CPSE assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Continue Reading
A day after the ED summoned top officials of the Kerala Infrastructure Investment Fund Board, Chief Minister Pinarayi Vijayan wrote to the Election Commission, alleging that the model code of conduct in the poll-bound state is being ‘conveniently violated’ and its ‘very spirit is being destroyed’. Continue Reading
The Consortium of Indian Associations (CIA) recently submitted a list of suggestions to revive the MSME sector, to the Finance Minister at the budget consultative meeting. Continue Reading
Finance Minister Nirmala Sitharaman said the Union Budget 2021-22 is about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity. Continue Reading
Denying allegations of non-transparency in budgetary numbers, Union Finance Minister Nirmala Sitharaman on Friday said that the Modi government’s Budget was clear and transparent , while indicating that numbers were doubtful during the UPA rule. Continue Reading
Union Minister Ravi Shankar Prasad said the central budget for 2021-22 fiscal has focused on spending to build infrastructure and boost the economic growth of the country. Continue Reading