Nirmala Sitharaman

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

A provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman. "We have taken a number of steps to support the MSME sector in this budget....

Tax holiday for these businesses was extended by one more year to March 2022 during Budget presentations today. Capital gains exemption given to them has also been extended by one more year. As of the last week of December, there...

The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said. They...

The Finance Ministry on Saturday said it has permitted Rajasthan to borrow an additional Rs 2,731 crore after the state successfully undertook ease of doing business reforms. Rajasthan has now joined the five other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu...

Following the announcement of the economic stimulus package where the Hospitality sector did not receive any specific relief despite widespread speculation, a four-member delegation of NRAI had a meeting with the Finance Minister yesterday to discuss urgent industry-specific issues. Apart...

FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...

  CMAI has welcomed the measures announced by Nirmala Sitharaman, Finance Minister, especially those connected with the Government’s support to the MSME Sector. The enhancing of the upper limits of the sector, the merging of the manufacturing and service sectors, and...

Union Finance Minister Nirmala Sitharaman has come out with 15 new and some enhanced measures to revive businesses, and support workers via fiscal incentives and regulatory easing under the mega stimulus package -- Self-Reliant India Movement -- which was...

The Government is considering iPhone maker Apple's proposal for setting up manufacturing unit in India, Union Minister Alphons Kannanthanam said. According to a PTI report: Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit...