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Chidambaram terms Yes Bank crisis as ‘regulatory failure’; Nirmala Sitharaman assures...

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Former finance minister and Congress leader P Chidambaram on Friday termed the Yes Bank crisis as a completely "regulatory failure", while the current finance minister Nirmala Sitharaman assured the depositors that their money is safe and said that she is in continuous interaction with the Reserve Bank of India (RBI).

Budget 2020: Nirmala Sitharaman to hold interactive session with various stakeholders...

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Finance Minister Nirmala Sitharaman will be on a two-day official visit to Hyderabad and Bengaluru on February 16 and 17 to hold interactive sessions with various stakeholders on Union Budget 2020-21.

IIP contracts again in December; retail inflation jumps to 68-month high...

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A day after Finance Minister Nirmala Sitharaman said economic growth was rebounding, government data on Wednesday showed that industrial output contracted by 0.3% in December while retail inflation jumped to a 68-month high of 7.59% in January on high food prices.

‘Economy is at its robust level and macroeconomics at best’: Sitharaman...

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Finance Minister Nirmala Sitharaman on Saturday said that the economy is at its "robust-level" and asserted the Foreign Direct Investment (FDI) in the country is at an all-time high.

Budget 2020: How much will you lose if you opt out...

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In a relief to taxpayers, Finance Minister Nirmala Sitharaman has proposed to cut income tax rates and change slabs to lower tax incidence for those earning upto Rs 15 lakh a year. The Minister has proposed a 10 percent tax on income between Rs 5 lakh and Rs 7.5 lakh from the current 20 percent now.

Budget 2020 Updates: Members uproar in Parliament as Prez talks about...

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Lok Sabha adjourned till 11am tomorrow

Realistic nominal GDP target at 9.5-10% likely: Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman is likely to stay conservative about the nominal gross domestic product (GDP) growth and set it at 9.5-10% in the FY21 budget as the time for 'picking optimistic target' experiments are over, say sources.

2838 Pakistanis, 914 Afghans, 172 Bangladeshis given Indian citizenship in last...

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Amid ongoing nationwide protests against Citizenship (Amendment) Act, 2019, Finance Minister Nirmala Sitharaman on Sunday said that as many as 2838 people from Pakistan were given citizenship during the last six years.

Union Budget 2020: News and updates, PM Modi Meets Top Economists

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The government is unlikely to give any "remarkable" fiscal sops including a reduction in personal income tax to promote demand in Union Budget 2020-21, administrators told news bureau IANS.

Indian Govt to Cut Spending to Overcome Fiscal Deficit

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India's government is expected to lower spending for the current fiscal year by as much as Rs 2 lakh crore as it overlooks one of the biggest tax shortfalls in recent years, three government experts stated.
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