Finance Ministry starts Budget making process amid contraction pressure

The Union Finance Ministry has kick-started the process to prepare the annual Budget for 2021-22. This will be the third Budget of Finance Minister Nirmala Sitharaman and eighth of the Narendra Modi government. Continue Reading

Nirmala Sitharaman stresses on structural treatment of debt

Finance Minister Nirmala Sitharaman on Wednesday said that there is a need for more structural treatment of debt in the long term. Continue Reading

Urgent need for revision of norms for ease of doing biz: CIA

Covid-19 has made several business entities and start-up enterprises shift from their original business plan. The uncertainty of time frame for returning to normalcy has compelled them to practice living with the new normal. Continue Reading

Attention, stand at ‘ease’

Andhra Pradesh, Tamilnadu’s next-door neighbour, has retained the top position in the ranking of States and Union Territories (UTs) based on the implementation of the business reform action plan, according to a report released by Finance Minister Nirmala Sitharaman. Continue Reading

Need to move fast on disinvestment decisions: Finance Minister

The government’s mega disinvestment plans have slowed down amid the pandemic, Finance Minister Nirmala Sitharaman on Tuesday said that there is a need to move faster in regards to the disinvestment decisions approved by the Cabinet. Continue Reading

RBI Governor’s announcements may not serve right purpose: CIA

Consortium of Indian Associations (CIA), while welcoming the recent announcements by RBI Governor Shaktikanta Das on restructuring of advances for viable MSMEs, has however said, “though on the face of it , looks a timely right decision, but on seeing the directive from RBI, it appears that it may not serve the real purpose of either supporting viable MSMEs or avoidance of NPA increase in banks.” Continue Reading

Ram temple event: Modi returns to Ayodhya after 29 years

Prime Minister Narendra Modi and VIPs including Uttar Pradesh Chief Minister Yogi Adityanath are attending the ground-breaking ceremony of a temple to Lord Ram at Ayodhya today. Continue Reading

COAI seeks refund of unutilised ITC

Telecom industry body COAI has again written to the Finance Minister seeking financial relief with refund of unutillised input tax credit (ITC) and rationalisation of regulatory levies as the industry goes through a tough time amid the Covid-19 pandemic. Continue Reading