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Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

No stressed MSME loan to be declared NPA till March 2020: FM

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sept 2019 8:24 PM IST

The government banned e-cigarettes, including vapes, on Wednesday with Finance Minister Nirmala Sitharaman stating that the habit affected youth the most. (Photo: Twitter)

Twitter lights up with questions after government announces...

The Finance Minister said the decision was taken 'so that we could take early action with regards to health of people'.

19 Sept 2019 3:57 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Finmin gets nearly 100 applications for post of RBI deputy governor

Persons with at least 25 years of work experience in an Indian or international public financial institution could also...

19 Sept 2019 3:04 PM IST

Sitharaman, who took over as finance minister in May, is scheduled meet the heads of public sector banks in Delhi on Thursday. (Photo: ANI)

'Working on it': FM Nirmala Sitharaman's retorts to questions from...

Sitharaman justified her presence at the event to ban e-cigarettes that gave rise to speculation about steps to support...

19 Sept 2019 1:40 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

FinMin to hold review meeting with public sector banks today

The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.

19 Sept 2019 8:50 AM IST

The government also said first-time offenders would face a prison term of up to one year and a fine of Rs 1 lakh. The proposed ban, promulgated through an ordinance, will make it illegal to manufacture, sell, transport, distribute, advertise, export or import e-cigarettes.

Centre bans use and sale of e-cigarettes

The government also said first-time offenders would face a prison term of up to one year and a fine of Rs 1 lakh.

19 Sept 2019 1:49 AM IST

Production, manufacturing, import/export, transport, sale, distribution, storage, advertising related to e-cigarettes are banned, she said. (Photo: ANI)

'E-cigarettes to be banned, offenders to face jail': FM after cabinet...

'Reports say that there are some who are probably getting into the habit of e-cigarettes as it seems cool,' Sitharaman...

18 Sept 2019 3:35 PM IST

Finance Minister Nirmala Sitharaman (Photo: File)

'Blueprint ready': Govt mulling fourth booster dose to revive economy

Last week, the government announced a slew of measures to boost exports and the real estate sector.

18 Sept 2019 9:24 AM IST

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

GST panel unlikely to favour tax rate cut for auto sector: sources

Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to...

18 Sept 2019 8:58 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Govt mulling another booster dose to reinvigorate economy

The blue print for the stimulus is ready that would be announced by FM Nirmala Sitharaman in the next few days, an...

17 Sept 2019 6:39 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Economy: Too little too late

The govt will soon run out of money to be able to incentivise the revival on a scale needed to bolster the GDP growth in...

16 Sept 2019 2:14 AM IST

Former Union finance minister Yashwant Sinha

Making weird statments will affect economy: Yashwant Sinha slams...

The missing three per cent growth meant loss of Rs 6 lakh crore in just one quarter, he claimed.

15 Sept 2019 9:09 AM IST