The 51st GST Council meeting will be presided over by Union Finance Minister Nirmala Sitharaman by videoconference on Wednesday, August 2, at 4 p.m.  The GST Council is expected to decide during the meeting how to calculate the supply value in online gaming and gambling in order to impose a 28 percent tax. The meeting ...

FM Nirmala Sitharaman will participate in a roundtable meeting with business leaders & investors, a directive to the importance of economic diplomacy. Nirmala Sitharaman, the Finance Minister of India, is in Niigata, Japan, for a two-day official tour. On May 12 (Friday), she will participate in a ‘dialogue with associate countries’ in the island nation. ...

India’s FM Sitharaman has called for global consensus to regulate crypto assets. She said that each regulation requires the consent of every country to be effective. India’s Finance Minister Nirmala Sitharaman has stated that global consensus is necessary to regulate crypto assets effectively.  Speaking at an event in Bengaluru, Sitharaman stated that India had included ...

FM Sitharaman and IMF Deputy Managing Director Gita Gopinath have discussed the various issues related to the Indian & global economy amidst the COVID pandemic. The Union Finance Minister Nirmala Sitharaman met with Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), on Tuesday to address debt risks and other matters. ...

Finance Minister Nirmala Sitharaman will attend the 2023 Springs Meetings of the World Bank, IMF & other G20 meetings. She will also co-chair the G20 FMCBG meet. Nirmala Sitharaman, the Union Finance Minister, will be in Washington, D.C. on Monday for the 2023 Spring Meetings of the World Bank Group, the International Monetary Fund, and ...

Economists suggest PM Modi: On Friday, India’s top economists in a meeting with PM Narendra Modi suggested him to incorporate few economic reforms in order to put the economy back on the path of growth. The virtual meeting was held weeks ahead of the annual budget submission, scheduled for February 1. It was attended by ...

On Tuesday, the Reserve Bank of India has asked all lending institutions to ensure that interest waiver scheme on interest on loans up to INR 2 crore for six months moratorium period is brought into effect by November 5. This is in line with the government’s decision which also includes non-banking financial institutions. The government ...

Tamil Nadu Chief Minister Edappadi K. Palaniswami on Thursday announced free COVID-19 vaccine for everyone in the state once it is approved for mass production, hours after the Bharatiya Janata Party (BJP) promised free Coronavirus vaccination for all in Bihar in its election manifesto ahead of the upcoming assembly polls. Palaniswami’s promise for free COVID-19 ...

Congress leader Rahul Gandhi on Sunday condemned the Union Government’s handling of the COVID-19 crisis in India. Taking to Twitter, he shared a BBC video showing how India responded to the pandemic crisis. The video briefed about various aspects of India’s response to COVID-19 ranging from the plight of migrant workers after a nationwide lockdown ...

On Monday, Finance Minister, Nirmala Sitharaman, held a press conference to address the economic issues related to dwindling demand and disclosed government’s plans to boost Indian consumption. At the conference, held at National Media Centre, New Delhi, the FM unveiled that centre would be granting a Rs 12,000 crore interest-free 50-year loan to states for ...