Nirmala Sitharaman

The Finance Ministry on Saturday said it has permitted Rajasthan to borrow an additional Rs 2,731 crore after the state successfully undertook ease of doing business reforms. Rajasthan has now joined the five other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu...

Following the announcement of the economic stimulus package where the Hospitality sector did not receive any specific relief despite widespread speculation, a four-member delegation of NRAI had a meeting with the Finance Minister yesterday to discuss urgent industry-specific issues. Apart...

FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...

  CMAI has welcomed the measures announced by Nirmala Sitharaman, Finance Minister, especially those connected with the Government’s support to the MSME Sector. The enhancing of the upper limits of the sector, the merging of the manufacturing and service sectors, and...

Union Finance Minister Nirmala Sitharaman has come out with 15 new and some enhanced measures to revive businesses, and support workers via fiscal incentives and regulatory easing under the mega stimulus package -- Self-Reliant India Movement -- which was...

The Government is considering iPhone maker Apple's proposal for setting up manufacturing unit in India, Union Minister Alphons Kannanthanam said. According to a PTI report: Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit...

The Government has approved three FDI proposals -- from Amazon Retail, Supermarket Grocery Supplies and Grofers India -- worth over Rs 3,700 crore for retail trading of food products, Parliament was informed on Wednesday. While Amazon Retail has proposed investment...

Commerce Minister Nirmala Sitharaman on Tuesday said that the Government's e-Marketplace (GeM) portal had reduced the cost of public procurement by 20-30 per cent. "I am glad that GeM is being recognised as the national e-procurement portal. Following the processes...

Union Minister Nirmala Sitharaman has denied that 'Kadalai Mittai' (peanut brittle) was taxed more under Goods and Services Tax (GST) than pizza, and said such rumours were being spread by the social media. According to a PTI report: Addressing a...

The Government said that there is no proposal under its consideration to review the foreign direct investment (FDI) policy in the multi-brand retail sector. According to a PTI report: "No proposal is under consideration of the Government to review the...