#nirmala sitharaman press conference

[satyathemehta]

Union Interim Budget 2024: Post-Budget Press Conference by Union Finance Minister Nirmala Sitharaman

http://dlvr.it/T2YQCp @VinodChavdaBJP

[mahampsc]

Honourable mention for bioeconomy in Interim Budget, with trillion-dollar potential in mind

Union Finance Minister Nirmala Sitharaman addresses the post-Budget press conference, in New Delhi, Thursday, Feb. 1, 2024. | Photo Credit: PTI In her speech for the 2024-2025 Budget, Finance Minister Nirmala Sitharaman spoke of “a new scheme of bio-manufacturing and bio-foundry” to provide “environment-friendly alternatives such as biodegradable polymers, bio-plastics, bio-pharmaceuticals and…

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[blogynews]

"Thrilling Updates: India and UK on the Verge of Early Free Trade Pact Conclusion - An Unmissable Opportunity!"

India and the UK have expressed their commitment to reaching a free trade agreement (FTA) between the two countries. Finance Minister Nirmala Sitharaman, speaking at a joint press conference with UK Chancellor of Exchequer Jeremy Hunt, stated that both sides are eager to expedite the FTA. She emphasized the importance of concluding the agreement as soon as possible. Hunt expressed his…

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[blogynewz]

"Thrilling Updates: India and UK on the Verge of Early Free Trade Pact Conclusion - An Unmissable Opportunity!"

India and the UK have expressed their commitment to reaching a free trade agreement (FTA) between the two countries. Finance Minister Nirmala Sitharaman, speaking at a joint press conference with UK Chancellor of Exchequer Jeremy Hunt, stated that both sides are eager to expedite the FTA. She emphasized the importance of concluding the agreement as soon as possible. Hunt expressed his…

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[blogynewsz]

"Thrilling Updates: India and UK on the Verge of Early Free Trade Pact Conclusion - An Unmissable Opportunity!"

India and the UK have expressed their commitment to reaching a free trade agreement (FTA) between the two countries. Finance Minister Nirmala Sitharaman, speaking at a joint press conference with UK Chancellor of Exchequer Jeremy Hunt, stated that both sides are eager to expedite the FTA. She emphasized the importance of concluding the agreement as soon as possible. Hunt expressed his…

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[selvem1karthik]

let Adani be punished if they have done wrong

Sharad Pawar top Opposition leader of UPA👇🏻

 “     “Out of proportion importance was given to the issue. The issues that were kept, who kept them? We had never heard of these people (Hindenburg) who gave the statement. What is the BACKGROUND?    When they raise issues that cause a ruckus across the country, the COST is borne by the country's economy. We cannot disregard these things. It seems this was targeted," Pawar said during the interview, which was aired on Friday.

On Saturday during the press conference, Pawar said there was a time when Tata-Birla's names were taken to CRITICISE the government but they had their due contributions to the development of the country. "At present, Ambani and Adanis names are taken to criticise the government. But there is a need to think about their CONTRIBUTION to the country as well," Pawar said. “

👇🏻

"It was the (then) Congress government (in Kerala), which gave on a platter Vizhinjam Port to Adani. It was not given on the basis of any tender.  this is not this (Congress) government, but the CPM government. But, what stopped him from asking and demanding that Kerala cancel that order?"

Further, Adani secured vast tracts of land for building the Mundra Port.    Gautam Adani received the land for Mundra Port in 4 parts, starting with the Chimanbhai Patel-led Congress government in Gujarat in March 1993. The Congress government had then granted Adani the land at a THROWAWAY price of just 10 paise per square meter.

MANY INDIAN Business men had started moving  their money OUTSIDE India, TO EVADE INCOME TAX - because of the laws made by UPA’s Finance Minister. The FM himself has been charged as using shell companies to legalise black money.

The 20,000 crores invested in Adani companies might have been the money moved out of India by Indian businessmen in the past.   If all the investors who want to Invest in ANY Indian company- have shifted their money to Mauritius ?   

How can Adani alone get pure white money for Investment? 

The WHOLE MONEY MARKET in India uses Mauritius route for investment. 

Previous government used shahid Balwa - with Dawood links as a friend/ investor for 2G project.

Purchase of Shares / investments in Public Limited Companies are done by companies owned by Indians in Mauritius.  Such foreign investments are done for many companies, not only Adani.

Adani companies net worth is about 100 Billion US$. 

Rs.20,000 crores invested by companies in Adani group recently, is a minuscule fraction of 100 billion worth of Adani company

Ashok Gehlot, Congress Chief Minister-  Self professed “Bhai” of Adani👇🏻

When in power, politicians have responsibility to invite big businessmen and help create more jobs / tax - for the state

young educated people of India need quality jobs, infrastructure for industry     not     unemployment  allowance of few thousand rupees.👇🏻

[12blogmk]

Obama: Obama minority remark draws FM fire: ‘Bombed 6 Muslim nations’ | India News

Finance minister Nirmala Sitharaman on Sunday hit out at the opposition and former US President Barack Obama for raising “non-issues” related to the treatment of minorities in the country.At a press conference, without naming Obama, she said that six Islamic nations, including Syria, Yemen and Iraq, were bombed during his tenure. “We maintain restraint when another country is involved. We want…

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[all-about-news24x7]

"Matter of pride for country," says Sitharaman after Egypt confers highest state honour on PM Modi

Union Finance Minister Nirmala Sitharaman on Sunday said it is a matter of pride for the country that Prime Minister Narendra Modi was conferred with Egypt’s highest state honour, the Order of the Nile award, in Cairo.This is the 13th such state honour that several countries have conferred upon PM Modi. While addressing a press conference in Delhi, Nirmala Sitharaman said, “During PM Modi’s…

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[762175]

Funds deposited for NPS cannot be transferred to State governments: Centre

Union Finance Minister Nirmala Sitharaman addresses a press conference on Union Budget 2023-24, in Jaipur, on February 20, 2023. | Photo Credit: PTI The Central government on February 20 again clarified that the funds deposited for National Pension Scheme (NPS) cannot be given to State governments as per the current laws. Both Finance Minister Nirmala Sitharaman and Finance Secretary Vivek Joshi…

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[newswireml]

Entire Rs 16,982 cr GST compensation cess to states to be cleared: FM#Entire #GST #compensation #cess #states #cleared

Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982 crore will be cleared. She said this while addressing a press conference soon after the 49th meeting of the GST Council ended. She also informed that Rs 16,524 crore to six states which have submitted the accountant general’s (AG) certificate will also be…

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[spitonews]

India’s Finance Minister Answers Crypto Regulation, Adani Queries

India is in discussion with other G20 nations to plan a common regulatory framework for crypto regulation, Indian Finance Minister Nirmala Sitharaman said during a press conference after a meeting today, February 11. Union Finance Minister Nirmala Sitharaman attended the Central Board of Directors meeting of the Reserve Bank of India (RBI) after the Union Budget 2023-24. Reserve Bank of India…

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[satyathemehta]

Press Conference by Union Finance Minister Nirmala Sitharaman Post 52nd GST Council Meeting

http://dlvr.it/SxDNM5 @VinodChavdaBJP

[best2daynews]

RBI on its toes as always: Sitharaman on Adani-Hindenburg issue - Times of India

NEW DELHI: The Reserve Bank of India (RBI) is “very experienced” and fully aware of the matter related to the Adani Group crisis, union finance minister Nirmala Sitharaman on Saturday. “India’s regulator (RBI) is very experienced and they are the experts in the domain, they are on their toes as always and not just now. So I will leave it there,” Sitharman said during a press conference, in…

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[rnewspost]

RBI on its toes as always: Sitharaman on Adani-Hindenburg issue

NEW DELHI: The Reserve Bank of India (RBI) is “very experienced” and fully aware of the matter related to the Adani Group crisis, union finance minister Nirmala Sitharaman on Saturday.“India’s regulator (RBI) is very experienced and they are the experts in the domain, they are on their toes as always and not just now. So I will leave it there,” Sitharman said during a press conference, in…

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[thesecrettimes]

India to Introduce Measures Around Crypto This Year, Says Government Official

The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors.

India Could Introduce Crypto Measures This Year

India’s Economic Affairs Secretary Ajay Seth reportedly said Saturday at a post-budget press conference in Mumbai that India will introduce “measures around crypto” this year. “The technology of crypto assets like blockchain and others can be used but its use in the financial sector can have several risks,” he was quoted by local media as saying. The official elaborated: In the course of this year, measures around crypto would be brought out. The Economic Affairs secretary added: “In India, nobody is talking about using crypto as a currency. The risks are with using it as a token.” The Indian government has been working on crypto legislation for several years. A draft crypto bill was unveiled in 2019 but it was never taken up in parliament.

India to Discuss Crypto Legislation With G20 Countries

Indian Finance Minister Nirmala Sitharaman reportedly stated Friday in a post-budget interview with Network18 Group that she will be looking at developing a global standard operating procedure (SOP) for regulating crypto assets in her upcoming G20 meeting. Under India’s presidency, the first meeting of the G20 finance ministers and central bank governors is scheduled to be held on Feb. 24-25 in Bengaluru. Sitharaman said: We will be looking at global SOP to be available and agreed upon for regulating crypto assets while recognizing the central bank as the authority for issuing cryptocurrencies. “The rest of the assets created outside that are using very useful financial technologies. Even those have to be discussed because regulations cannot be done by one country singularly, it has to be a collective action because technology doesn’t brook any borders,” the finance minister noted. During her Budget speech last week, Sitharaman did not mention crypto assets. However, this year’s Finance Bill included several new tax penalties relating to crypto tax deducted at source (TDS). This year’s Economic Survey 2023 also highlighted the need for “a common approach to regulating the crypto ecosystem.” India’s central bank, the Reserve Bank of India (RBI), has repeatedly recommended banning cryptocurrencies like bitcoin and ether. Noting that crypto could undermine the authority of the central bank, RBI Governor Shaktikanta Das recently said: If crypto is allowed in India, RBI will lose control over monitoring transactions. Crypto, masquerading as a financial asset, is a completely misplaced argument. The Indian central bank governor has also warned that crypto could lead to the next financial crisis if it is not banned. Meanwhile, the RBI is currently piloting its central bank digital currency (CBDC), the digital rupee. Do you think India will introduce measures around crypto this year? Let us know in the comments section below. Read the full article

[creatiview]

[ad_1] Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India's macro fundamentals and economic image are not affected by the Adani Group's withdrawal of its ₹20,000 crore FPO.Read also: S&P downgrades two Adani firms, removes AEL from sustainability indicesIn the last two days alone, USD 8 billion in forex came in, the finance minister said during a post-Budget press conference."...our macro economic fundamentals or our economy's image, none of which has been affected. Yes, FPOs (follow-on public offers) come in, and FIIs get out," Sitharaman told reporters here.She said the regulators will do their job on the Adani issue. The Securities and Exchange Board of India (Sebi) has the wherewithal to ensure the stability of markets. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on February 4, 2023 [ad_2] Source link