FM has made a mockery of the people of India by doing absolutely nothing

FM has made a mockery of the people of India by doing absolutely nothing

Lok Sabha member Mahua Moitra on Tuesday hit out at Finance Minister Nirmala Sitharaman, saying she has made a mockery of the people of India in the budget by doing absolutely nothing and whatever little changes are there are regressive and ill thought of. Speaking in the Lok Sabha, Moitra criticised the budget for failing … Read more

Govt willing to hear cases of harassment for loan recovery: Nirmala Sitharaman

Govt willing to hear cases of harassment for loan recovery: Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Monday told the Lok Sabha that the government is closely monitoring any harassment of borrowers during loan recovery and is willing to hear any cases that come up. The finance minister made this observation in her reply on the loans sanctioned under MUDRA Scheme, where she stated that the non … Read more

Sahara group fraud: SFIO probe into Sahara group companies ongoing, says FM Sitharaman

Sahara group fraud: SFIO probe into Sahara group companies ongoing, says FM Sitharaman

The Serious Fraud Investigation Office (SFIO) is carrying out a detailed probe into the matter related to the Sahara group companies and further action will be taken after its report, Union Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday. To a query on why all investors of the Sahara group companies have … Read more

Finance minister not ‘trained economist’, has no original ideas: TMC MP Saugata Roy

Finance minister not ‘trained economist’, has no original ideas: TMC MP Saugata Roy

New Delhi: Finance Minister Nirmala Sitharaman is not a “trained economist” and the Budget presented by her was based on notes received from the Prime Minister’s Office as she has “no original ideas”, Trinamool MP Saugata Roy claimed on Thursday. Participating in a debate on the Union Budget, the TMC MP said the Budget for … Read more

₹15k cr loan for Amaravati, help for Polavaram, other projects promised

₹15k cr loan for Amaravati, help for Polavaram, other projects promised

The budget addressed the main demands of the Telugu Desam Party (TDP), a critical member of the ruling NDA at the Centre, as it promised a loan of ₹15,000 crore for developing Amaravati as the state capital, financing and early completion of Polavaram dam as well as grants for backward districts of the state.Andhra Pradesh … Read more

SDBank hid RM5bil in bad loans through creative accounting, says Masidi

SDBank hid RM5bil in bad loans through creative accounting, says Masidi

KOTA KINABALU: Decades of creative accounting at state-owned Sabah Development Bank (SDBank) hid losses through non-performing loans (NPLs) amounting to over RM5bil, says state Finance Minister Datuk Seri Masidi Manjun. In a detailed and stunning disclosure at the state assembly here on Wednesday (July 10), Masidi said the NPLs made up 75% of the total … Read more

CM Naidu to raise budget-specific demands in meeting with PM, FM

CM Naidu to raise budget-specific demands in meeting with PM, FM

Andhra Pradesh chief minister N Chandrababu Naidu, a key ally of BJP-led NDA, is likely to meet Prime Minister Narendra Modi and finance minister Nirmala Sitharaman this week to raise budget-specific demands for the state.Naidu is likely to discuss his expectations from the budget, which is likely to be presented in the third week of … Read more

PREMIUM TIMES journalist to speak at 2024 ICRN Forum in Portugal

PREMIUM TIMES journalist to speak at 2024 ICRN Forum in Portugal

A standard editor with PREMIUM TIMES, Oluwaseyi Ayeni, will speak at the eighth Interdisciplinary Corruption Research Network (ICRN) Forum, which begins today, Thursday, June 27. The event will end on Saturday, June 29, 2024. Mrs Ayeni, an intrepid reporter and editor with over 15 years professional experience, will speak on “Conducting In-depth Investigations on National … Read more

Union Budget 2024: FM Nirmala Sitharaman Chairs Meeting With State Finance Ministers

Union Budget 2024: FM Nirmala Sitharaman Chairs Meeting With State Finance Ministers

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman during the the Pre-Budget consultations Union Budget 2024: The full budget for 2024-25 is expected to be presented in Parliament in the second half of July. Union Budget 2024: As part of the pre-budget consultation, the union minister for finance & corporate affairs, Nirmala Sitharaman, on … Read more

Centre wants to levy GST on petrol, diesel; states have to decide rate: FM

Centre wants to levy GST on petrol, diesel; states have to decide rate: FM

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the intention of the central government has always been to bring petrol and diesel under GST, and it is now up to the states to come together and decide on the rate. She said a provision has already been made by former Finance Minister Arun Jaitley … Read more