Nirmala Sitharaman
Government scheme to empower middle class with homeownership in Interim Budget
Infrastructure
February 1, 2024
Government scheme to empower middle class with homeownership in Interim Budget
In a landmark move aimed at uplifting the middle class and providing affordable housing solutions, Union Minister for Finance and…
MoHUA to develop Waste to Wealth plants in a million plus cities
Oil & Gas
February 2, 2023
MoHUA to develop Waste to Wealth plants in a million plus cities
Union Minister for Finance, Nirmala Sitharaman presented the Budget 2023-2024 listing the seven priorities or the ‘Saptarishi’ guiding us through…
Highest ever capital outlay of ₹2.40 lakh crore for railways
Infrastructure
February 1, 2023
Highest ever capital outlay of ₹2.40 lakh crore for railways
Nirmala Sitharaman announced capital outlay of ₹2.4 lakh crore for the Railways. This highest ever outlay is about 9 times…
FM expresses concern on rising oil prices
Oil & Gas
March 9, 2022
FM expresses concern on rising oil prices
Finance Minister Nirmala Sitharaman hinted that the current spike in international oil prices may upset provisions of her Union Budget…
Ukraine situation, crude prices posing challenge to financial stability: FM
Oil & Gas
February 23, 2022
Ukraine situation, crude prices posing challenge to financial stability: FM
Finance Minister Nirmala Sitharaman said the Russia-Ukraine crisis and the ensuing jump in global crude prices are a challenge to…
PM Gatishakti national master plan to encompass seven engines
Infrastructure
February 2, 2022
PM Gatishakti national master plan to encompass seven engines
PM GatiShakti is a transformative approach for economic growth and sustainable development. The approach is driven by seven engines, namely,…
Budget should focus on ESG issues: Experts
Power
January 31, 2022
Budget should focus on ESG issues: Experts
With the government committing to become carbon neutral by 2070, it is imperative that the forthcoming Budget should focus on…
Take risks, cut import dependence: FM to India Inc
Renewable Energy
November 18, 2021
Take risks, cut import dependence: FM to India Inc
Finance Minister Nirmala Sitharaman on Wednesday said there are clear signs of an uptick in the economy and the industry…
Finance Minister holds meeting on Capex plans
Infrastructure
November 2, 2021
Finance Minister holds meeting on Capex plans
In continuance to the drive towards accelerated capital spending and timely infrastructure development, Union Minister for Finance Nirmala Sitharaman chaired…
Climate financing area of worry: FM
Sustainability
October 17, 2021
Climate financing area of worry: FM
Finance Minister Nirmala Sitharaman has said that climate financing continues to be an area of worry as she flagged India's…
India likely to do better than its Paris agreement targets: FM
Sustainability
October 16, 2021
India likely to do better than its Paris agreement targets: FM
India is all set to meet its Paris climate agreement target to reduce emissions by 33-35% of its GDP by…
Effective power generation integral to economic growth: FM
Power
October 8, 2021
Effective power generation integral to economic growth: FM
Union Finance Minister Nirmala Sitharaman underscored the need for augmented and effective power generation and distribution, asserting that these are…
Petroleum products not to be included under GST: FM
Oil & Gas
September 18, 2021
Petroleum products not to be included under GST: FM
Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman.
Trust between govt, industry critical to leverage opportunities
Oil & Gas
September 13, 2021
Trust between govt, industry critical to leverage opportunities
Finance minister Nirmala Sitharaman on Monday said that the trust between government and industry is critical for leveraging the opportunities…
Government’s excise collection jumps 48% in Apr-July
Oil & Gas
September 6, 2021
Government’s excise collection jumps 48% in Apr-July
The government's collections from levy of excise duty on petroleum products have jumped 48% in the first four months of…
Over ₹1.5 lakh cr UPA-era oil bonds need to be repaid: Puri
Oil & Gas
September 3, 2021
Over ₹1.5 lakh cr UPA-era oil bonds need to be repaid: Puri
Petroleum Minister Hardeep Singh Puri said over ₹1.5 lakh crore of oil bonds issued by the previous UPA government remains…
Govt expects Rs 39,832 cr selling power generation assets
Power
August 24, 2021
Govt expects Rs 39,832 cr selling power generation assets
Government's think tank NITI Aayog has valued state-owned power generation assets at Rs 39,832 crore which can be monetised by…
Parliament passes bill to bury ghost of retrospective taxation
Oil & Gas
August 10, 2021
Parliament passes bill to bury ghost of retrospective taxation
Parliament cleared a bill to bury the ghost of retrospective taxation which had created discontent among foreign investors.
Cairn looks to seize Air India assets to recover $1.7 bn
Oil & Gas
May 16, 2021
Cairn looks to seize Air India assets to recover $1.7 bn
UK's Cairn Energy Plc has brought a lawsuit in the US court that potentially can lead to seizing of Air…
Demand for electric vehicles in India more than doubled
Renewable Energy
March 16, 2021
Demand for electric vehicles in India more than doubled
The adoption of electric vehicle by commuters is on the rise in the country as falling prices and government support…
Finance Ministry exploring options to ease petrol, diesel price
Oil & Gas
March 3, 2021
Finance Ministry exploring options to ease petrol, diesel price
Amid mounting pressure from all the quarters to reduce taxes on petrol and diesel, the Finance Ministry vigorously started to…
Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel
Oil & Gas
February 27, 2021
Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel
The Shiv Sena on Friday targeted Union Finance Minister Nirmala Sitharaman for referring to the issue of high fuel prices…
Pradhan gives two main reasons behind rising fuel prices
Oil & Gas
February 22, 2021
Pradhan gives two main reasons behind rising fuel prices
Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are…
Budget augments capital of SECI and IREDA
Renewable Energy
February 9, 2021
Budget augments capital of SECI and IREDA
Finance Minister Nirmala Sitharaman in her budget speech 2021-22 announced capital Augmentation of Solar Energy Corporation of India Limited (SECI)…
Govt holds BCD but hikes duty on solar inverters, lamps
Renewable Energy
February 2, 2021
Govt holds BCD but hikes duty on solar inverters, lamps
Government proposed to raise import duty on solar inverters and lanterns or lamps but did not go ahead with its…