Nirmala Sitharaman

Government scheme to empower middle class with homeownership in Interim Budget
Infrastructure

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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