Nirmala Sitharaman ducks questions on Economic slowdown, Manmohan Singh’s comment
When asked whether the government considers job losses and the falling GDP growth as the signs of economic slowdown, Nirmala Sitharaman brushed the question aside. ...
Tag : Nirmala Sitharaman
Former PM Dr Manmohan Singh blames “All round mismanagement” by Modi govt for the Economic Slowdown
“This clearly shows that our economy has not yet recovered from the demonetization and hastily implemented GST,” Manmohan Singh said. New Delhi| The slumping economy...
Business Tit-Bits : Band-aids and deep wounds
The GDP growth for the first quarter of the financial year 2019-20 dropped to five per cent, a sharp decline of 0.8% points compared to...
Finance Minister Sitharaman announces bank mergers; from 27 PSBs to 12
New Delhi | Finance Minister Nirmala Sitharaman has announced on Friday the merger of 10 nationalised banks into four entities. This announcement comes after a...
Business Tit Bits : Raiding the RBI
The Reserve Bank of India has approved the transfer of record Rs 1.76 lakh crore dividend and surplus reserves to the government, boosting Prime Minister...
Business Tit Bits : Chidambaram and shell companies
With the arrest of Mr. P. Chidambaram and the ongoing investigation in his case, the dubious role of shell companies, as a conduit and a...
RBI to transfer Rs. 1.76 trillion from surplus to the govt
New Delhi | The Reserve Bank of India (RBI) approved a record Rs.1.76 lakh-crore ($24.4 billion) payout to the central government, amid a slowing economy. The central...
Business Tit Bits: Why so late?
At a recent summit, Rajiv Kumar, the Vice Chairman of NITI Ayog, the government’s top think tank remarked that India is facing such an economic...
Why so late?
“With a slowdown in the economy now evident in a sector after sector, and having also seeped into India’s services sector, what the Niti Ayog...
Highlights: Nirmala Sitharaman announces plans to boost economy
New Delhi | Finance Minister Nirmala Sitharaman has announced several steps to fighting India’s economic slowdown, including the removal of angel tax on startups. She...