Topics: Finance Minister

“Govt should introduce long-term stimulus in the upcoming budget to ensure cash flow in BFSI sector,” Says Lalit Mehta of Decimal Technologies

Speaking on the expectations with Budget 2021, Decimal Technologies, Co-founder, Lalit Mehta said, "The lockdown brought with it an economic downturn for enterprises of...

Union Budget 2021: Pre-budget expectations from Industry, Market Experts, Real Estate, and startup founders

The Union Budget 2021-22, will be presented by Finance Minister Nirmala Sitharaman on February 1, 2021. Here are some quotes from leading Industrialists, Market experts,...

Interview: The Budget should extend the credit guarantee scheme available for MSMEs: Umesh Mohanan, CEO of Indel Money

Umesh Mohanan, Executive Director and CEO of Indel Money tells TechGraph that, "Extending credit guarantee scheme available for MSMEs, will help them to get...

Chancellor Rishi Sunak announces £4.6 bn support grant for businesses

U.K chancellor Rishi Sunak has announced £4.6 billion ($5.4 billion) in a new grant to support retail, hospitality, and leisure business. Addressing the nation, Rishi...

Lockdown 4.0: Nirmala Sitharaman says, “Government bars global tenders for procurements up to Rs 200 crore”

Briefing the media on the Rs 20 lakh crore economic stimulus package, Finance Minister Nirmala Sitharaman on Wednesday said, "The global tenders will be...

#YESBankCrisis: Cabinet approves reconstruction scheme for Yes Bank

Union Finance Minister Nirmala Sitharaman on March 13 said that the Cabinet has approved the Reserve Bank of India's (RBI) reconstruction scheme for Yes...

Coronavirus report: China allocates $15 billion in virus-related funding

The Government of China has allocated $15.93 billion in coronavirus related funding for the smooth functioning of local governments. Addressing the press on Thursday, Vice...

Report: IMF, Pakistan govt reach agreement on second view of $6 bn bailout package

The IMF has said it has reached a staff-level agreement with the Pakistani authorities "on policies and reforms" needed to complete the second review...

Report: India overtakes UK, becomes 5th largest economy with $2.94 trillion GDP

India emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report. A US-based think tank World Population...

Ex-Finance Minister P Chidambaram, “Govt needs to put money in the hands of poor for demand growth”

Speaking in the parliament on Friday, Congress leader and ex-finance minister P. Chidambaram said, “A classic solution for reviewing the sluggish economy is by...

“Allowing NBFCs to finance invoices of MSMEs through TReDs will give clear access to the fund,” Says CMA B Mallikarjun Gupta

Speaking on the budget, tabled by Finance Minister Nirmala Sitharaman on Saturday, CMA B Mallikarjun Gupta, Chief Taxologist at Logo Infosoft said that “Fake...

Budget 2020: A budget for better economic prospects: expectations from the fintech sector

Even as we prepare for the budget 2020, just a day away, here are some of the expectations from the fintech industry ahead of...

Finance Ministry of India denies sharing details of Swiss Bank account holders

The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...

Finance Minister Nirmala Sitharaman introduces "Insolvency and Bankruptcy code" bill in Lok Sabha

Finance Minister Nirmala Sitharaman on Thursday introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy...

No proposal under consideration for education loan waiver: FM Nirmala Sitharaman

The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March...

RBI's subsidiary DICGC says, "Depositors in failed and liquidated bank to get only Rs 1 lakh as insurance cover"

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts,...

Finance Minister Nirmala Sitharaman reviews the state of the economy at FSDC meeting

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector at the meeting of the Financial...

Britain will not appoint new BoE Governor before Dec. 12 election

Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance...

Nirmala Sitharaman announces ban on e-cigarettes

The Union Cabinet has proposed the ordinance for the complete ban on the sales and manufacturing of e-cigarettes inside the country. Speaking to the press,...

G20 heads agree to fix loopholes used by Facebook, Amazon, Google, and others to reduce corporate taxes

Group of 20 finance ministers agreed on June 8 to compile standard rules to close loopholes used by global tech giants such as Facebook...

G20 Finance heads say trade war as ‘intensified’

Group of 20 finance leaders agreed to describe global trade and geopolitical tensions as "intensified" but failed to express the desire to resolve them,...

Nirmala Sitharaman to attend G20 Finance Ministers meeting in Japan

Finance minister Nirmala Sitharaman will attend the two-day meeting of G-20 finance ministers and central bank governors in Japan beginning June 8, said a...

Finance Minister Asad Umar: Pakistan fails to lock $3.2 billion oil payment facility from UAE

Cash-strapped Pakistan has failed to secure a USD 3.2 billion oil on deferred payments facility from the UAE, a media report Thursday quoted Finance...

Pakistan may ask for an additional $1.45 billion loan from Islamic banks

Pakistan will likely turn to Islamic banks to borrow another 200 billion rupees ($1.45 billion) to try to ease a financial crunch in its...

Government e-marketplace saw Rs 17,500 crore as a transaction in 2 years

Transactions worth Rs 17,500 crore have taken place through the public procurement online platform Government e-marketplace (GeM) in the last two years, resulting in...

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