ES26: How clean power is rewiring the nation’s energy future
India’s energy transition has moved from aspiration to acceleration, and nowhere is that more visible than in the explosive growth of solar and wind power.
Nirmala Sitharaman
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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 Corporate Affairs, Nirmala Sitharaman.
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 the Amrit Kaal.
Highest ever capital outlay of ₹2.40 lakh crore for railways
Nirmala Sitharaman announced capital outlay of ₹2.4 lakh crore for the Railways.
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 for the fiscal year beginning April…
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 financial stability in India.
PM Gatishakti national master plan to encompass seven engines
PM GatiShakti is a transformative approach for economic growth and sustainable development.
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 Environmental.
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 should now start taking risks and…
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 review meetings with the Ministry of…
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 concerns over funding mechanism and technology…
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 2030 from the 2005 level, Finance…
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 as integral to economic growth as…
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
Finance minister Nirmala Sitharaman on Monday said that the trust between government and industry is critical for leveraging the opportunities thrown up by the Covid-19 pandemic
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 the current fiscal year, with the…
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 to be paid, limiting fiscal space…
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 the financial year 2025
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
UK's Cairn Energy Plc has brought a lawsuit in the US court that potentially can lead to seizing of Air India's overseas assets such as airplanes…
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 is pushing up demand and increasing…
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 discuss the burning issue which has…