Rajya Sabha MP Kapil Sibal on Saturday said the BJP is claiming that the electoral bonds scheme was brought for transparency but the Supreme Court had stated the opposite while declaring it “unconstitutional”. Sibal’s remarks came after Union Finance Minister Nirmala Sitharaman told a newspaper that the BJP intended to bring back electoral bonds in … Read more
India is prepared to take adequate steps to mitigate any impact of the Iran-Israel conflict on its economy and will “remain alert”, Finance Minister Nirmala Sitharaman said on Thursday. “Can’t say that we are fully ready. As developments unfold, we are preparing to take adequate steps in India’s interests,” Sitharaman told the CNBC Awaaz news … Read more
PUTRAJAYA: Government departments and agencies must not go overboard when hosting Hari Raya celebrations, says Prime Minister Datuk Seri Anwar Ibrahim (pic). He said they must be wise when spending public funds, particularly for matters like festivities and celebrations. “We must be mindful because there are still some of us who lack comforts and may … Read more
New Delhi: The Finance Ministry on Monday announced the sale of Rs 38,000 crore worth of government bonds through the Reserve Bank of India’s new multiple price auction method. These include (i) the sale of “7.33 per cent Government Security 2026” for a notified amount of Rs 6,000 crore through price-based auction using the multiple … Read more
Finance Minister Nirmala Sitharaman said Tuesday that Atal Pension Yojana or APY has been designed as an affordable scheme with a guaranteed pension amount. In a post on X, Sitharaman noted that the scheme has given 9.1% since inception, which is quite competitive even compared with other saving schemes. “Any upside above assured pension is … Read more
New Delhi: Finance Minister Nirmala Sitharaman on Friday said Direct Benefit Transfer of Rs 34 lakh crore has been facilitated by the Public Financial Management System (PFMS) and asked accounts officers to further enhance efficiency and transparency of the system. In a written message to the Controller General of Accounts (CGA) and the Indian Civil … Read more
Finance Minister Nirmala Sitharaman (File image: PTI) FM Sitharaman to review the state of the economy amid global challenges at a meeting of the Financial Stability and Development Council on February 21. Finance Minister Nirmala Sitharaman is scheduled to review the state of the economy amid global challenges at a meeting of the Financial Stability … Read more
Former Chief Economic Advisor to India government & BJP MLA Ashok Lahiri said on Friday at West Bengal Assembly that the Bengal budget was a vote-oriented and was targeted more at Lok Sabha polls than Bengal’s economy and seems like “fairy-tale” budget. Lahiri was participating in budget discussion following tabling of state budget on Thursday. … Read more
Thiruvananthapuram: Kerala Finance Minister K N Balagopal on Monday presented the state’s budget for the financial year 2024-25 in the assembly. In his budget speech, Balagopal said that the state government plans to bring in investment worth Rs three lakh crore in the next three years. He said that Kerala has been at the forefront … Read more
Finance Minister Nirmala Sitharaman in her Interim Budget allocated ₹47619.77 cr to the Education Ministry’s Department of Higher Education for FY 24-25. Finance Minister highlighted that female enrolment in higher education increased by 28 percent and that in STEM courses stands at 43 percent which is one of the highest in the world.(Sanchit Khanna/ Hindustan … Read more
