Nirmala Sitharaman

National lockdown can dent GDP growth by 2%, states should do with local curbs: Report

10:47 pm April 19, 2021

Mumbai: A month’s national lockdown can hurt GDP growth by 2 percentage points, an American brokerage warned on Monday while expecting governments to continue with localised restrictions to arrest the Covid spread.Stating that there has been a 7x jump in the new cases to 2.61 lakh a day from a month ago’s 35,000 cases, analysts […]

Oppn plans march to Vijay Chowk in solidarity with suspended RS MPs

LS passes NaBFID Bill; commercial decision-making kept out of CVC, CBI, CAG purview

12:05 am March 24, 2021

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the development finance institution (DFI) being set up to fund the infrastructure sector will remain outside the purview of the CAG, CVC and CBI, a move aimed at enabling faster decision-making. The DFI, called the National Bank for Financing Infrastructure and Development (NaBFID), however is going to be answerable to […]

Insurance Amendment Bill in Lok Sabha

4:10 pm March 22, 2021

New Delhi: Finance Minister Nirmala Sitharaman said on Monday that raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress. She said this while moving the Insurance (Amendment) Bill, 2021 for consideration and passage in the Lok Sabha. The amendment bill, that […]

Rajya Sabha passes bill to raise FDI in insurance

11:31 pm March 18, 2021

New Delhi: Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

Follow ‘Raj Dharma’, reduce fuel prices: Sonia Gandhi to PM Modi

10:21 pm February 21, 2021

New Delhi : Accusing the government of ”profiteering” off ”people’s misery”, Congress chief Sonia Gandhi Sunday wrote to Prime Minister Narendra Modi over ”spiralling” fuel prices, urging him to follow ‘Raj Dharma’ and reduce the prices by partially rolling back excise duty. In a three-page letter to Modi, she said the government has been ”unreasonably overzealous” in levying excessive excise duty on […]

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