Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.
The United States State Department has authorised a Foreign Military Sales (FMS) case for Turkiye to purchase AIM-120C-8 Advanced Medium-Range Air-to-Air Missiles and related elements of logistics and program support for an estimated cost of $22 million.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.
Faculty of Management Studies (FMS), University of Delhi invites applications for MBA and MBA (Management of Services) Admissions 2009.
rediffGURU Patrick Dsouza, founder of Patrick100 offers advice on how to optimise your preparation for CAT 2025.
The Delhi University's decision to scrap their own test and opt for CAT from next year has sparked protests from students and faculty members of Faculty of Management Studies (FMS). Read on
Faculty of Management Studies, University of Delhi, invites industry delegates, students and academicians to attend the FMS Human Resource Conclave 2006. \n
Investors' desire for companies to prioritise returning cash to shareholders through share buybacks, dividends or mergers and acquisitions (M&A) is at the highest level since July 2015, said a survey by BofA Securities (BofA). Nearly 30 per cent of respondents wanted companies to do so. As many as 226 respondents with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), said BofA.
IF you want to crack the competitive exam for Faculty of Management Studies, Delhi, you need to change your CAT-like approach completely.
Though the two-day SCO Council of Foreign Ministers' meeting began at the Taj Exotica Resort in Benaulim on Thursday evening with a reception hosted by Jaishankar, the main deliberations took place on Friday.
The meeting to be presided over by External Affairs Minister S Jaishankar will be attended by US Secretary of State Antony Blinken, Japanese Foreign Minister Yoshimasa Hayashi and Australia's Penny Wong.
Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.
Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada's Deputy Prime Minister & Finance Minister Chrystia Freeland on the sidelines of the G-20 Joint Finance and Health Ministers' meeting. "Finance Minister Smt. @nsitharaman had an engaging discussion with @cafreeland Dy. Prime Minister & Finance Minister of Canada on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome. The Ministers discussed various issues, including economic and health cooperation," a Finance Ministry tweet said.
Qin, who is visiting New Delhi to attend the G20 Foreign Ministers meeting on Thursday, is expected to meet Jaishankar on its sidelines though the foreign ministry here is tight-lipped about it.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
Union Finance Minister Nirmala Sitharaman will on Monday meet chief ministers and state finance ministers to discuss measures to attract private investments to help boost the economy. Finance secretary T V Somanathan said the meeting comes in the backdrop of strong economic recovery post the two COVID waves, and the central government has made a big push in Capex. The focus of this interaction will be on state-level issues, opportunities and challenges, which will enable us to go to a higher trajectory of investment and growth, he said.
Several opposition ruled states expressed concern over Centre's decision to allow enforcement directorate (ED) to share information with GST Network, with finance minister of AAP-ruled Punjab Harpal Singh Cheema on Tuesday saying it amounts to 'tax terrorism' and scaring small business. The finance ministry, through a notification, brought in an amendment to the provisions of Prevention of Money Laundering Act (PMLA), 2002, as per which GSTN, which handles the technology backbone of Goods and Services Tax, has been included in the list of entities with which ED will share information. At the 50th GST Council meeting on Tuesday, Aam-Aadmi Party ruled Delhi and Punjab voiced concerns over the notification and demanded a discussion.
While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
China will host the third meeting of the foreign ministers of Afghanistan's neighbours in Tunxi, central China's Anhui province, on March 30-31, the spokesperson said.
Sitharaman exhorted the states to work together with the Centre, stating that while the Union government sets the direction of economic growth, it is for the states to ensure effective implementation on the ground.
It said the acceptance of necessity accorded to the procurement by the Defence Acquisition Council noted the estimated cost of $3,072 million as provided by the US government, adding the price will be negotiated once policy approval from Washington is received.
The jump in the sale of American weapons to India comes at a time when sale of weapons from the US to other countries has dipped to USD 50.8 billion in 2020 from USD 55.7 billion in 2019.
The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.
Seven of the meetings will be held in late November or early December at the finance ministry, as is the norm.
The sources said the situation in eastern Ladakh remained 'tense' and that around 30-40 soldiers of China's People's Liberation Army (PLA) are holding up at a position close to an Indian post in the Rezang-La ridgeline in eastern Ladakh.
Faculty of Management Studies, University of Delhi, invites students and corporates to attend the International Entrepreneurship Challenge 2006.
External Affairs Minister S Jaishankar, who was on a visit to the US last month, said that America's relationship with Pakistan has "not served" either of the two countries and raised questions on the Biden administration's approval of a USD 450-million sustenance package for the F-16 fleet.
Defence Minister Rajnath Singh on Wednesday conveyed to US Defence Secretary Lloyd Austin India's concerns over Washington's decision to provide sustenance package for Pakistan's F-16 fighter jet fleet.
Prime Minister Narendra Modi's leash on foreign junkets of his ministers and bureaucrats seems to have trickled down to states as well.
The Faculty of Management Studies, University of Delhi, invites applications for its two-year, full-time Master of Business Administration Programme.
The Faculty of Management Studies, University of Delhi, invites industry delegates, students and academicians to attend the Banker's Day 2006.
A 5 per cent GST rate kicked in on Monday on pre-packed and labelled food items such as cereals, pulses and flour weighing less than 25 kg.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
The Faculty of Management Studies, University of Delhi, invites application for admission to its management programmes.
The finance ministry will set the ball rolling for an early introduction of a nationwide value-added tax with a two-day meeting of state finance ministers starting in New Delhi on Friday.
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