Nirmala Sitharaman

The Glimpse Of Global Fintech Fest 2023- Day 1

The Glimpse Of Global Fintech Fest 2023- Day 1

The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…

US-India Alliance: Boosting Energy Transition Investments

US-India Alliance: Boosting Energy Transition Investments

US Treasury Secretary Janet Yellen announced that the United States and India have joined forces to establish an investment platform with the goal of reducing capital costs and stimulating private investment for India’s energy transition. This collaboration was confirmed after a meeting between Yellen and India’s Finance Minister Nirmala Sitharaman held on the sidelines of…

GST Council Announces Key Decisions: A closer look 

GST Council Announces Key Decisions: A closer look 

In a significant development aimed at fostering cooperative federalism and enhancing the simplicity of India’s tax regime, Finance Minister Nirmala Sitharaman chaired the 50th GST Council meeting in New Delhi on 11th July 2023. The meeting witnessed the presence of esteemed dignitaries, including MoS (F) Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra, Chairman CBIC Vivek Johri,…

Union Budget 2023-24: Everything Explained In Details

Union Budget 2023-24: Everything Explained In Details

Finance Minister Nirmala Sitharaman is all set to launch Budget 2023-24 on February 1. There are lots of expectations from the Budget 2023, as always. Now it is to see what the government will bring for the citizens and industries.¬† According to the experts, the government‚Äôs plan may see a rise in customs duty and…

Everything You Need To Know About Pre-budget Meetings 

Everything You Need To Know About Pre-budget Meetings 

The preparation of budget 2023-24 has started. A week-long pre-budget consultation meetings chaired by Union Finance and Corporate Affairs Minister Nirmala Sitharaman were concluded on Monday, 28 November.¬† In total, eight meetings were held in virtual mode between November 21 and 28. According to the Ministry of Finance, more than 110 invitees representing seven stakeholders…

Sitharaman To Attend IMF, World Bank Meetings In USA 

Sitharaman To Attend IMF, World Bank Meetings In USA 

Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India‚Äôs policy priorities and showcase India‚Äôs attractiveness as an investment…

Petrol And Diesel Prices On June 1 In Delhi, Mumbai, And Other Cities

Petrol And Diesel Prices On June 1 In Delhi, Mumbai, And Other Cities

Petrol and Diesel Price In India on June 1: The petrol and diesel prices remain unchanged for the tenth day running on Wednesday. Finance Minister Nirmala Sitharaman had announced a cut in excise duty on petrol and diesel earlier in May by 8 and 6 rupees per litre, respectively.¬†¬† Public sector Odisha Mining Corporation or…

Realtors Welcome Reduction in Import Duty On Raw Materials

Realtors Welcome Reduction in Import Duty On Raw Materials

The real estate experts have declared the government‚Äôs announcement for the calibration of custom duty on specific products and raw materials of steel and iron a timely move. They expect that this move will help boost the availability of raw materials domestically.¬† Moreover, the real estate developers said that a decrease in import duty of…

ABG Shipyard Insolvent: India’s Biggest Bank Fraud Unravels

ABG Shipyard Insolvent: India’s Biggest Bank Fraud Unravels

A single event unfolds the most horrifying fraud in the history of Indian banks. ABG shipyard was accused of serious debt of Rs 22,842 crore from 28 banks between the course of 2012 and 2017. The news came into the limelight recently unravelling the biggest scam with Indian banks. Big faces like SBI, ICICI and…

LIC IPO: Key Things To Know About The Highest IPO In India

LIC IPO: Key Things To Know About The Highest IPO In India

LIC, Life Corporation of India, the country‚Äôs largest and most reliable issuance company, is to shake the stock market with the highest IPO, Initial Public Offering, to raise up to 65,000 crores, making it the biggest listed financial service provider after HDFC bank.¬† The government plans to sell 5% of its stake in the IPO,…