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Opinion | Boosted by common man’s trust, PM battles pandemic

01.06 - 21:13

I've done the best for India Inc: Sitharaman on stimulus package

19.05 - 20:27

How does housing subsidy benefit you?

18.05 - 18:57

Opinion | Govt uses virus crisis to push basic reforms

17.05 - 21:21

₹20 trillion stimulus: Govt to privatise public sector entities

17.05 - 08:29

'One channel for one class', FM announces help for students who don't have internet access

17.05 - 07:37

Housing boost for middle class, migrants: Govt stimulus amid Covid crisis

Narendra Modi Nirmala Sitharaman crisis

14.05.2020 - 20:35

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Union finance minister Nirmala Sitharaman revealed... moreUnion finance minister Nirmala Sitharaman revealed details of the second tranche of the economic package announced days earlier by Prime Minister Narendra Modi.Watch the full video for more details..

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Narendra Modi - Rahul Gandhi - Bhupesh Baghel - ₹1,500 cr paid to farmers under Kisan Nyay Scheme: Chhattisgarh CM - livemint.com

21.05.2020 / 19:53

₹1,500 cr paid to farmers under Kisan Nyay Scheme: Chhattisgarh CM

₹1,500 crore had been transferred to the bank accounts of around 19 lakh farmers in Chhattisgarh under the first installment of Rajiv Gandhi Kisaan Nyay Yojna, Chhattisgarh CM Bhupesh Baghel

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Narendra Modi - Credit growth withers under lockdown as outstanding loans drop Rs1.36 trillion - livemint.com - India - city Mumbai

21.05.2020 / 15:09

Credit growth withers under lockdown as outstanding loans drop Rs1.36 trillion

MUMBAI : As the lockdown enters its fourth phase, credit growth has clearly taken a beating with outstanding loans shrinking by ₹1.36 trillion between 27 March and 8 May, showed data from the Reserve Bank of India (RBI).

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Nirmala Sitharaman - NBFCs disappointed by stimulus package details, write to FM Sitharaman - livemint.com - India - city Mumbai

21.05.2020 / 14:15

NBFCs disappointed by stimulus package details, write to FM Sitharaman

In a letter sent to FM on Wednesday, FIDC, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore partial credit guarantee scheme and ₹3 lakh crore guaranteed loans for MSMEs

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Narendra Modi - Union Cabinet - Nirmala Sitharaman - FM Sitharaman to meet PSU bank chiefs tomorrow, to review credit flow - livemint.com - city New Delhi - India

21.05.2020 / 13:19

FM Sitharaman to meet PSU bank chiefs tomorrow, to review credit flow

NEW DELHI : Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Friday to discuss various issues, including loan disbursement, as part of efforts to revive the economy reeling under the COVID-19 impact, sources said.

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Nirmala Sitharaman - Volatility may continue on Dalal Street; aviation stocks in focus - livemint.com - India

21.05.2020 / 04:23

Volatility may continue on Dalal Street; aviation stocks in focus

Volatility may continue in Indian stock markets on Thursday, while trends in SGX Nifty indicates a flat opening for the benchmark indices. Asian shares edged higher in the morning trade after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support.

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Narendra Modi - Opinion: No, India doesn’t need a bigger stimulus - livemint.com - India

21.05.2020 / 03:15

Opinion: No, India doesn’t need a bigger stimulus

For now, it’s more important for the government to keep things stable until it’s clear how best to intervene.

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Nirmala Sitharaman - Opinion | All our fiscal options should be kept open - livemint.com - India

20.05.2020 / 18:15

Opinion | All our fiscal options should be kept open

Finance minister Nirmala Sitharaman’s hints of further financial relief should lift the spirits of India Inc. Policy flexibility will serve the larger interests of the Indian economy

Nirmala Sitharaman India hospital economy Government crisis

Narendra Modi - India needs to go local with bees too - livemint.com - India

20.05.2020 / 16:26

India needs to go local with bees too

In his address to the nation on 12 May, Prime Minister Narendra Modi pointed out the criticality of local production. While its implications for industry et al have been discussed, one area where this matters more than anything else is the beekeeping policy. The government needs to be lauded for the attention it has given to beekeeping, with the finance minister herself explaining how important this was for agriculture recently, but the current policy tilt is to encourage beekeeping for honey. Subsequent statements by ministries as a follow-up talk of a Sweet Revolution.

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Nirmala Sitharaman - Govt to help migrants in coming back when industrial activities resume: Nirmala Sitharaman - livemint.com - city New Delhi - India

20.05.2020 / 16:26

Govt to help migrants in coming back when industrial activities resume: Nirmala Sitharaman

NEW DELHI : As industrial and economic activities resume with easing of restrictions amid the Covid-19 countrywide lockdown, Finance Minister Nirmala Sitharaman said on Wednesday that the government will make plans for migrant workers to return back to cities and towns.

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Narendra Modi - Nirmala Sitharaman - Reset your relationship with employees: FM to India Inc - livemint.com - city New Delhi - India

20.05.2020 / 15:20

Reset your relationship with employees: FM to India Inc

NEW DELHI : Finance Minister Nirmala Sitharaman on Wednesday said Indian industry needs to reset its relation with its employees by engaging with unskilled workers in a professional manner and skilling its employees at all levels.

Narendra Modi Nirmala Sitharaman city New Delhi India covid-19 Government relationship

Narendra Modi - Union Cabinet - ₹20 trillion covid-19 package - livemint.com - city New Delhi

20.05.2020 / 11:13

₹20 trillion covid-19 package

NEW DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday cleared some key proposals of the government’s ₹20 trillion economic package for the poor and businesses hit by the novel coronavirus pandemic.

Narendra Modi Union Cabinet city New Delhi covid-19 2020 pandemic Coronavirus

Narendra Modi - Covid-19: Populism's moment of reckoning - livemint.com - China - city Wuhan - province Hubei

20.05.2020 / 09:53

Covid-19: Populism's moment of reckoning

A backlash against elites brought to power populist rulers who disregard expertise. Will the pandemic now provoke a backlash against the backlash?

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Nirmala Sitharaman - I've done the best for India Inc: Sitharaman on stimulus package - livemint.com - India

19.05.2020 / 20:27

I've done the best for India Inc: Sitharaman on stimulus package

Just as India was showing initial signs of emerging from a slowdown, finance minister Nirmala Sitharaman was forced to confront a totally unexpected challenge: a pandemic. The government had to redraw battle plans and impose a lockdown, which triggered an economic collapse. Over the course of last week, the finance minister has outlined the contours of a ₹20 trillion stimulus package. In an interview on Tuesday, Sitharaman defended the government’s decisions and said it will not hesitate to take more steps to support Indian businesses. Edited excerpts:

Nirmala Sitharaman India covid-19 pandemic economy Government

Nirmala Sitharaman - Why India needs more than liquidity dreams - livemint.com - India - city Mumbai

19.05.2020 / 18:21

Why India needs more than liquidity dreams

MUMBAI : Liquidity is the latest elixir in town. Finance minister Nirmala Sitharaman used the term about 40 times in the five presentations she made to the media between May 13-17 to lay out the ₹20-trillion economic package. Not surprisingly, a significant portion of the package ( ₹20.97-trillion to be exact) served up liquidity—and not fiscal stimulus as businesses and investors were expecting.

Nirmala Sitharaman India city Mumbai covid-19 economy Government crisis why

Nirmala Sitharaman - ₹6.45 lakh cr worth loans sanctioned by PSBs during March 1-May 15 - livemint.com - city New Delhi

19.05.2020 / 09:07

₹6.45 lakh cr worth loans sanctioned by PSBs during March 1-May 15

State-owned banks launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.

Nirmala Sitharaman city New Delhi covid-19 2020 guidelines crisis

Narendra Modi - Markets tank as FM Sitharaman’s stimulus disappoints - livemint.com - India

18.05.2020 / 21:07

Markets tank as FM Sitharaman’s stimulus disappoints

Indian markets plunged nearly 3.5% on Monday as disappointment over the stimulus package and soaring coronavirus infections prompted investors to dump stocks.

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Nirmala Sitharaman - How does housing subsidy benefit you? - livemint.com

18.05.2020 / 18:57

How does housing subsidy benefit you?

If you were planning to buy a house but held back in view of the ongoing covid-19 crisis, the government is willing to give a helping hand. At a press conference held last week, finance minister Nirmala Sitharaman announced the extension of the government’s housing subsidy scheme for households that fall under the middle-income group (MIG).

Nirmala Sitharaman covid-19 2020 Government crisis

Narendra Modi - Harsh Vardhan - Union Health - India has done well in dealing with Covid-19 pandemic till now: Harsh Vardhan - livemint.com - city New Delhi - India

18.05.2020 / 16:55

India has done well in dealing with Covid-19 pandemic till now: Harsh Vardhan

I think we did our best and we did well. We are learning and we are confident of doing better in the months to come, Vardhan added

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Nirmala Sitharaman - Cash handout to migrant workers is difficult without database: Expenditure secy - livemint.com

18.05.2020 / 16:41

Cash handout to migrant workers is difficult without database: Expenditure secy

T.V. Somanathan gives the rationale behind the mega economic stimulus package announced by FM over five days

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Nirmala Sitharaman - Opinion | Government moves on airports, MRO good but the sector needs more flight - livemint.com - India

18.05.2020 / 10:49

Opinion | Government moves on airports, MRO good but the sector needs more flight

In the fourth tranche of the government's Rs20 lakh crore stimulus package to restore the health of the economy, Finance Minister Nirmala Sitharaman made announcements for the aviation sector. There were 3 major announcements focusing on airspace management, airports and making India an MRO hub (maintenance, repair and overhaul of aircraft).

Nirmala Sitharaman India economy Government crisis

Narendra Modi - RBI may extend moratorium on repayment of loans for three more months: Report - livemint.com - city New Delhi - India

18.05.2020 / 09:25

RBI may extend moratorium on repayment of loans for three more months: Report

NEW DELHI : With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report.

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Nirmala Sitharaman - Sensex plunges over 1,000 points: Key triggers for today's losses - livemint.com - India

18.05.2020 / 08:05

Sensex plunges over 1,000 points: Key triggers for today's losses

Indian stock markets fell sharply today as the government's stimulus package failed to enthuse the Street, with banking stocks leading the losses. The government has extended a nationwide lockdown to May 31, while easing some restrictions, but a ban on air travel and gatherings at several public places still remained. The Sensex fell as much as 1070 points to 30,027, wiping out about ₹3 lakh crore of investors' wealth. At day's low, the Nifty slumped to 8,825.

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Narendra Modi - Indian govt will soon take decision on OCI visa issue: Minister - livemint.com - Usa - India

18.05.2020 / 01:07

Indian govt will soon take decision on OCI visa issue: Minister

In a bid to allay fears of OCI card holders over the temporary suspension of their long-term visas, Indian Minister of State for External Affairs, V Muraleedharan, said his government will soon take an appropriate decision on it.

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Nirmala Sitharaman - Opinion | Govt uses virus crisis to push basic reforms - livemint.com

17.05.2020 / 21:21

Opinion | Govt uses virus crisis to push basic reforms

There is an emphasis on enhancing the quantum of inward investments

Nirmala Sitharaman virus economy Government crisis

Nirmala Sitharaman - Bankruptcy code put on hold for one year - livemint.com - India

17.05.2020 / 21:10

Bankruptcy code put on hold for one year

Provisions will be made to exclude all virus-related debt from defaults covered under the IBC, the government said

Nirmala Sitharaman India pandemic Government crisis Coronavirus

Nirmala Sitharaman - States displeased with Centre over conditions on borrowing - livemint.com

17.05.2020 / 20:45

States displeased with Centre over conditions on borrowing

The government’s decision to raise borrowing limits for states for the current fiscal from 3% of gross state domestic product (GSDP) to 5% has led to a clear political divide between the Bharatiya Janata Party (BJP)-and Opposition-ruled state governments over conditionalities.

Nirmala Sitharaman covid-19 guidelines Government crisis

Nirmala Sitharaman - Ramesh Pokhriyal - From TV channels to online degrees, govt pushes for e-learning - livemint.com - city New Delhi

17.05.2020 / 20:45

From TV channels to online degrees, govt pushes for e-learning

NEW DELHI : A dozen television channels dedicated to teaching school curriculums and 100 universities offering online degree courses from the end of May form the backbone of a government push for e-learning unveiled on Sunday.

Nirmala Sitharaman Ramesh Pokhriyal city New Delhi covid-19 pandemic Government Learning

Nirmala Sitharaman - Centre expands social safety net programme - livemint.com - city New Delhi - county Union

17.05.2020 / 20:25

Centre expands social safety net programme

NEW DELHI : The Union government on Sunday injected an extra ₹40,000 crore into the national rural jobs programme, extending a helping hand to millions of rural poor, as well as urban migrant workers returning to villages.

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Nirmala Sitharaman - Lack of robust stimulus may fail to lift economy - livemint.com

17.05.2020 / 19:51

Lack of robust stimulus may fail to lift economy

The centre’s stimulus package may have an impact of only 1-1.5% of gross domestic product (GDP) on the exchequer, with the government relying more on liquidity support measures. With the government further extending the lockdown till 31 May to curb the coronavirus pandemic, the lack of substantial demand stimulus may deepen the economic downturn in the short run.

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Nirmala Sitharaman - Opinion | The Centre could yet play spender-in-chief - livemint.com - India

17.05.2020 / 19:00

Opinion | The Centre could yet play spender-in-chief

Its slew of sectoral reforms and enhanced allocations are good news. It should grant itself greater fiscal leeway, though, to spur demand and thus give our economy an instant boost

Nirmala Sitharaman India covid-19 economy Government crisis

Narendra Modi - Lockdown 4.0 extended to 31 May, Red zones open to economic activities - livemint.com - city New Delhi

17.05.2020 / 15:07

Lockdown 4.0 extended to 31 May, Red zones open to economic activities

NEW DELHI : Continuing its attempt to provide fillip to the economy whilst combating the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines economy Government

Nirmala Sitharaman - Travel and tourism industry in shock with no relief measures from govt - livemint.com

17.05.2020 / 14:59

Travel and tourism industry in shock with no relief measures from govt

The sector was expecting relief measures as a part of government ₹20 lakh crore package which is aimed to build economy and support industries which are badly hit by the pandemic

Nirmala Sitharaman hospital Government shock travelers

Narendra Modi - Lockdown extended to 31 May, MHA yet to announce guidelines - livemint.com - city New Delhi

17.05.2020 / 14:59

Lockdown extended to 31 May, MHA yet to announce guidelines

NEW DELHI : Continuing its attempt to combat the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines Government

Narendra Modi - Karnataka extends lockdown till 19 May, awaits fresh guidelines from centre - livemint.com

17.05.2020 / 14:19

Karnataka extends lockdown till 19 May, awaits fresh guidelines from centre

In its order, T.M.Vijay Bhaskar, the chief secretary of Karnataka said that all restrictions will continue for at least another 48 hours to ensure that people do not rush out of their homes and add to the threat of covid-19 in the state

Narendra Modi covid-19 guidelines Government Coronavirus

Narendra Modi - Fifth tranche of economic package will revitalise village economy: PM Modi - livemint.com - city New Delhi - India

17.05.2020 / 13:31

Fifth tranche of economic package will revitalise village economy: PM Modi

NEW DELHI : The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.

Narendra Modi city New Delhi India covid-19 economy Government

Nirmala Sitharaman - ₹15,000 crore for health related measures’: Sitharaman - livemint.com

17.05.2020 / 13:13

₹15,000 crore for health related measures’: Sitharaman

Finance Minister Nirmala Sitharaman announced the ... moreFinance Minister Nirmala Sitharaman announced the final tranche of the economic package.

Nirmala Sitharaman hospital covid-19 Government

Nirmala Sitharaman - Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case - livemint.com - city New Delhi

17.05.2020 / 13:12

Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday concluded the 5-day-long series of announcements on the Rs20 trillion financial package that the government hopes will revive the covid-struck economy. Built on the pillars of land, labour, liquidity and laws, today’s package is aimed at increasing government spending on rural jobs; privatizing government companies while ensuring former have a role in strategic sectors; scrapping or rewriting laws for a more business-friendly environment and removing fear of law among firms facing bankruptcy due to covid.

Nirmala Sitharaman city New Delhi economy Government crisis

Nirmala Sitharaman - Covid-19: Privatisation may lead to public airports being sold below fair value - livemint.com - India - city Mumbai

17.05.2020 / 10:57

Covid-19: Privatisation may lead to public airports being sold below fair value

MUMBAI: Finance minister Nirmala Sitharaman’s plan to auction 12 more airports and further open up the Indian airspace does little to relieve the immediate financial stress that the aviation sector is under.

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Nirmala Sitharaman - Proposed IBC changes to benefit small businesses, resolutions to see a dip - livemint.com - city Mumbai

17.05.2020 / 09:35

Proposed IBC changes to benefit small businesses, resolutions to see a dip

MUMBAI: The Centre's move to increase the threshold for filing insolvency applications and a special resolution framework for small businesses will give some breathing room to the micro, small and medium enterprises (MSMEs) but resolution of stressed assets will take a beating.

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Nirmala Sitharaman - From strategic PSUs privatisation to 'one class one channel' for students, 8 highlights from FM's presser - livemint.com

17.05.2020 / 08:55

From strategic PSUs privatisation to 'one class one channel' for students, 8 highlights from FM's presser

The last tranche focused on steps to boost the Atma Nirabhr mission, included MGNREGA, healthcare and education, businesses, de-criminalisation of the Companies Act, ease of doing business, public sector undertakings, and resources related to state government.

Nirmala Sitharaman covid-19 Government

Nirmala Sitharaman - Covid-19 package: Govt to set up public health laboratories at block levels - livemint.com - city New Delhi - India

17.05.2020 / 08:55

Covid-19 package: Govt to set up public health laboratories at block levels

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday announced setting up of public health laboratories at block levels, a move that will boost testing facilities in rural India.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - FM pushes for e-learning – from dedicated TV channels to online degrees - livemint.com - city New Delhi - India

17.05.2020 / 08:29

FM pushes for e-learning – from dedicated TV channels to online degrees

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday pushed for promotion of e-learning in a post covid-19 India and said there will be dedicated TV channels for each school class and permission would be granted to 100 top universities to start online degrees.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government Coronavirus Learning

Nirmala Sitharaman - ₹20 trillion stimulus: Govt to privatise public sector entities - livemint.com - city New Delhi - India

17.05.2020 / 08:29

₹20 trillion stimulus: Govt to privatise public sector entities

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday announced a new public sector enterprise (PSE) policy under which there will be at least one such entity each in strategic sectors while those in non-strategic sectors will be privatised.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - Govt allows direct overseas listing of securities by Indian public companies - livemint.com - India

17.05.2020 / 08:25

Govt allows direct overseas listing of securities by Indian public companies

To further enhance the Ease of Doing business, Finance Minister Nirmala Sitharaman today said that the government will allow direct listing of securities by Indian public companies in permissible foreign jurisdictions. Private companies which list NCDs on stock exchanges not to be regarded as listed companies.

Nirmala Sitharaman India Government

Nirmala Sitharaman - Jan Dhan - DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman - livemint.com - city New Delhi

17.05.2020 / 08:25

DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said the government’s technology-driven direct benefit transfer (DBT) has been crucial in implementing PM Garib Kalyan Yojana that was rolled out to provide relief to the poor and vulnerable amid the covid-19 crisis.

Nirmala Sitharaman Jan Dhan city New Delhi covid-19 Government crisis

Nirmala Sitharaman - Covid-19 relief package: India to suspend bankruptcy code for one year - livemint.com - city New Delhi - India

17.05.2020 / 08:25

Covid-19 relief package: India to suspend bankruptcy code for one year

NEW DELHI: India will suspend bankruptcy proceedings for one year so that companies are not dragged into tribunals at a time they are trying to get back on their feet, finance minister Nirmala Sitharaman said on Sunday.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government Coronavirus

Nirmala Sitharaman - 'One channel for one class', FM announces help for students who don't have internet access - livemint.com

17.05.2020 / 07:37

'One channel for one class', FM announces help for students who don't have internet access

Sitharaman also announced that provisions are being made for telecast of live interactive sessions for online education.

Nirmala Sitharaman covid-19 Government crisis

Nirmala Sitharaman - ₹40,000 crore for rural job plan - livemint.com

17.05.2020 / 07:37

₹40,000 crore for rural job plan

Finance Minister Nirmala Sitharaman today said that the government will allocate additional ₹40,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). This is in addition to the ₹61,500 crore announced in Budget 2020.

Nirmala Sitharaman covid-19 2020 Government crisis

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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