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₹500 to women Jan Dhan a/c holders from Friday: FinMin

04.06 - 17:34

Covid-19: India to maintain interoperable health registry of citizens

31.05 - 18:02

COVID-19 impact: LIC listing, IDBI Bank stake sale may be postponed

31.05 - 11:57

₹5,000 crore from Centre to pay employees' salaries: Sisodia

31.05 - 11:07

Discoms with dues barred from covid loans

28.05 - 21:27

Covid-19 poses serious threat to global financial system: FSDC

28.05 - 17:35

RBI on Covid-19: From inflation over growth to inflation and growth

Nirmala Sitharaman city New Delhi India covid-19 2020 economy crisis

22.05.2020 - 11:15

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livemint.com:

NEW DELHI : If there is one entity that has earned the respect of a very cynical and hard-to-please group of people – stock and bond dealers, people in the financial sector and economists – it is the Reserve Bank of India (RBI) under the governorship of Shantikata Das.

The confident body language, the measured speech and the emphatic statements about doing what it takes to beat the economy back into shape are in stark contrast to a fumbling finance minister – Nirmala Sitharaman – whose body language largely based on unfamiliarity with financial market terms and concepts, does not instill the same sense of comfort and confidence that Das does.

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Nirmala Sitharaman - GST Council to decide on late fee waiver for filing past returns - livemint.com - India

01.06.2020 / 21:01

GST Council to decide on late fee waiver for filing past returns

The government has already waived late fee for any delay in filing GSTR-3B from February to June, 2020 to reduce compliance burden for small businesses having turnover less than ₹5 crore amid the covid-19 crisis

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Nirmala Sitharaman - ₹3,200 crore loan on June 1 under emergency credit line guarantee scheme - livemint.com - India

01.06.2020 / 20:02

₹3,200 crore loan on June 1 under emergency credit line guarantee scheme

State-owned lenders sanctioned loans worth ₹3,200 crore for small businesses on June 1 under the recently announced emergency credit line guarantee Scheme, the finance ministry said on Monday.

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Nirmala Sitharaman - ₹10,000 - livemint.com - India

01.06.2020 / 16:17

The Ministry of Housing and Urban Affairs on Monday launched PM Svanidhi, or Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi scheme, which is a special micro-credit facility plan to provide affordable loan of up to ₹10,000 to more than 50 lakh street vendors, who had their businesses operational on or before 24 March. The the scheme is valid until March 2022.

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Nirmala Sitharaman - Covid-19: India to maintain interoperable health registry of citizens - livemint.com - city New Delhi - India

31.05.2020 / 18:02

Covid-19: India to maintain interoperable health registry of citizens

NEW DELHI: The health crisis stemming from the covid-19 pandemic has expedited the implementation of National Digital Health Blueprint, languishing for over two years, aimed at maintaining interoperable health registry of all Indian citizens.

Nirmala Sitharaman city New Delhi India covid-19 pandemic

Nirmala Sitharaman - COVID-19 impact: LIC listing, IDBI Bank stake sale may be postponed - livemint.com - city New Delhi - India

31.05.2020 / 11:57

COVID-19 impact: LIC listing, IDBI Bank stake sale may be postponed

NEW DELHI : Listing of Life Insurance Corporation (LIC) and sale of government's stake in IDBI Bank may be delayed beyond March 2021, due to depressed valuation amid COVID-19 pandemic. The government aims to garner ₹90,000 crore from the listing of LIC and stake dilution in IDBI Bank out of total the disinvestment target of ₹2.10 lakh crore during the current fiscal.

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Nirmala Sitharaman - NBFCs urge FM to widen scope of emergency credit line guarantee scheme - livemint.com

29.05.2020 / 22:01

NBFCs urge FM to widen scope of emergency credit line guarantee scheme

The emergency credit line guarantee scheme has been announced to give an incentive to lenders to offer additional funding facility to MSME borrowers by providing them 100% guarantee for any losses suffered by the lenders due to any default

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Nirmala Sitharaman - Discoms with dues barred from covid loans - livemint.com - city New Delhi - India

28.05.2020 / 21:27

Discoms with dues barred from covid loans

NEW DELHI : Power distribution companies (discoms), hoping to benefit from the ₹90,000 crore loans that finance minister Nirmala Sitharaman said Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will provide them to help them combat the covid-19-induced stress, are in for a surprise, according to a copy of the document seen by Mint.

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Nirmala Sitharaman - Covid-19 poses serious threat to global financial system: FSDC - livemint.com - city New Delhi

28.05.2020 / 17:35

Covid-19 poses serious threat to global financial system: FSDC

FSDC discussed the initiatives taken by the government and the regulators in the recent months to help revive the economy

Nirmala Sitharaman city New Delhi covid-19 pandemic economy Government

Nirmala Sitharaman - Financial regulators to brainstorm on covid-19 fallout with FM today - livemint.com - city New Delhi - India

28.05.2020 / 07:15

Financial regulators to brainstorm on covid-19 fallout with FM today

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday will chair a meeting of the Financial Stability and Development Council (FSDC) amid the ongoing debilitating impact of the coronavirus pandemic on the economy and the financial sector.

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Nirmala Sitharaman - KV Kamath demits office as the president of NDB - livemint.com - China - India - Russia - South Africa - Brazil

27.05.2020 / 19:44

KV Kamath demits office as the president of NDB

Attending a special Board of Governors meeting through video conference on Wednesday, finance minister Nirmala Sitharaman appreciated Kamath’s work 'for his stellar stewardship in very quickly giving shape to the vision stated by the BRICS Leaders in 2014'

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Nirmala Sitharaman - ₹90K cr package to provide only temporary relief to discoms: IndRa - livemint.com - city New Delhi - India

26.05.2020 / 16:39

₹90K cr package to provide only temporary relief to discoms: IndRa

NEW DELHI : The ₹90,000 crore package would provide only a temporary relief to power distribution companies but not long-term stability, India Ratings and Research (Ind-Ra) said on Tuesday.

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Nirmala Sitharaman - Covid-19 situation to dictate future fiscal policy actions to revive economy: FM - livemint.com - city New Delhi

23.05.2020 / 16:23

Covid-19 situation to dictate future fiscal policy actions to revive economy: FM

Nirmala Sitharaman says making a 'realistic assessment' of economic growth would be difficult at this point of time as there is no clarity on when the pandemic would retreat

Nirmala Sitharaman city New Delhi covid-19 pandemic economy Government

Nirmala Sitharaman - We compared announcements made by different countries before us: FM on Stimulus - livemint.com - India

23.05.2020 / 14:39

We compared announcements made by different countries before us: FM on Stimulus

Finance Minister Nirmala Sitharaman on Saturday said the Finance Ministry compared every announcement made by different countries before India to see what their stimulus package consisted of.

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Nirmala Sitharaman - Economic package: Banks to go all out in pushing MSME loans - livemint.com - India - city Mumbai

23.05.2020 / 13:17

Economic package: Banks to go all out in pushing MSME loans

MUMBAI : After finance minister Nirmala Sitharaman met heads of public sector banks on Friday, lenders said they plan to zealously implement the government’s plan for credit push to small businesses.

Nirmala Sitharaman India city Mumbai covid-19 economy Government crisis

Nirmala Sitharaman - FM reviews readiness of PSBs to implement stimulus package - livemint.com - city New Delhi - India

22.05.2020 / 21:33

FM reviews readiness of PSBs to implement stimulus package

PSBs have sanctioned ₹6.68 tn in loans to small biz, retail, agri and corporate sectors between 1 March and 19 May

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Nirmala Sitharaman - Lockdown concerns: Restaurant association meets Nirmala Sitharaman - livemint.com - city New Delhi - India

22.05.2020 / 11:15

Lockdown concerns: Restaurant association meets Nirmala Sitharaman

NEW DELHI: As the restaurant industry stares at significant job losses amid a slump in business due to the covid-19 lockdown and after the government's stimulus package offered little relief to the sector, the National Restaurant Association of India (NRAI) met finance minister Nirmala Sitharaman to seek policy and liquidity support.

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Nirmala Sitharaman - Shaktikanta Das - RBI Governor Press Conference Live Updates: Shaktikanta Das expects GDP growth to be negative - livemint.com - city New Delhi - India

22.05.2020 / 07:59

RBI Governor Press Conference Live Updates: Shaktikanta Das expects GDP growth to be negative

NEW DELHI : In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das is now holding a press conference. After the lockdown began, Das had slashed the benchmark interest rate (repo rate) by a massive 75 basis points and also announced a three-month moratorium to be given by banks to provide relief to borrowers whose income has been hit due to the lockdown.

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

21.05.2020 / 16:15

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

Nirmala Sitharaman India city Mumbai covid-19 economy Government

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 / 15:19

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 / 06:23

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

20.05.2020 / 18:26

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 / 17:20

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.

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

19.05.2020 / 22:27

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:

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

19.05.2020 / 20:21

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

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

19.05.2020 / 11:07

₹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

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

18.05.2020 / 20:57

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

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

18.05.2020 / 18:41

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

18.05.2020 / 10:05

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

17.05.2020 / 22:45

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

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

17.05.2020 / 22:45

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.

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

17.05.2020 / 22:25

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

17.05.2020 / 21:00

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

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

17.05.2020 / 15:13

₹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.

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

17.05.2020 / 12:57

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 / 11:35

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

17.05.2020 / 10:55

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

17.05.2020 / 10:55

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.

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

17.05.2020 / 10:29

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

17.05.2020 / 10:29

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.

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

17.05.2020 / 10:25

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.

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

17.05.2020 / 10:25

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.

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

17.05.2020 / 09:37

'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 / 09:37

₹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

Nirmala Sitharaman - EPF withdrawal: 12 lakh EPFO subscribers opt for special coronavirus scheme - livemint.com

17.05.2020 / 09:13

EPF withdrawal: 12 lakh EPFO subscribers opt for special coronavirus scheme

Under the coronavirus special EPF withdrawal scheme, about 12 lakh employees have availed this scheme and about ₹3,600 crore has been disbursed so far by the EPFO. This was disclosed by Finance Minister Nirmala Sitharaman said.

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Nirmala Sitharaman - Stimulus: 5th tranche focusses on MGNREGA, health, education, businesses - livemint.com - city New Delhi

17.05.2020 / 09:13

Stimulus: 5th tranche focusses on MGNREGA, health, education, businesses

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said a series of measures focussing on rural jobs, health, education and support to states and businesses are part of the last tranche of the ₹20 trillion economic package announced to mitigate the impact of the covid-19 pandemic and the resultant lockdown.

Nirmala Sitharaman city New Delhi covid-19 pandemic Government

Nirmala Sitharaman - ₹20 trillion economic package today - livemint.com - city New Delhi

17.05.2020 / 06:49

₹20 trillion economic package today

Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

Nirmala Sitharaman city New Delhi covid-19 Government crisis

Nirmala Sitharaman - Industry hails structural reforms, but says liquidity boost needed - livemint.com

16.05.2020 / 20:35

Industry hails structural reforms, but says liquidity boost needed

In big-bang reform measures, Centre has decided to raise the limit for FDI for defence manufacturing from 49 to 74% under the automatic route and has also allowed commercial mining of coal, whereby any party can bid for coal block and sell it in the open market

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Narendra Modi - Nirmala Sitharaman - Fourth tranche of economic package will boost job opportunities: Narendra Modi - livemint.com - city New Delhi

16.05.2020 / 18:29

Fourth tranche of economic package will boost job opportunities: Narendra Modi

NEW DELHI : The economic measures announced by his government on Saturday will create many business opportunities and contribute to economic transformation, Prime Minister Narendra Modi said.

Narendra Modi Nirmala Sitharaman city New Delhi covid-19 pandemic Government

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

Detail statistic

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