Saturday, 29 January, 2022
TopicNirmala Sitharaman

Topic: Nirmala Sitharaman

Why 20 crore missing jobs are the biggest challenge for FM Sitharaman in Budget 2022 math

For India’s employment-to-population ratio to be at the global average, nearly 60 crore people need to be at work. Currently, only a little more than 40 crore are.

FM Sitharaman accuses Congress-led UPA govt of ‘fraud’ in entering into 2005 Antrix-Devas deal

Sitharaman's comments came as Devas shareholders pursue Indian assets abroad to recover $1.29 billion that international arbitration tribunals awarded over the contract cancelled in 2011.

Keep calm & continue reform — mantra for Modi govt and RBI as Indian economy braces for 2022

The Modi government needs to keep pushing reforms as the Indian economy will be put to fresh tests in 2022 on several fronts amid a turbulent phase.

Singed by farm protests, Modi govt holds up privatisation of 2 PSU banks until state polls

The government had listed the Banking Laws (Amendment) Bill, 2021 in the Winter Session of Parliament but it still awaits cabinet approval.

Increase capital spending, Centre tells states, Sitharaman to meet state FMs next week

Efforts to ensure that states increase capital spending also come at a time when spending by the private sector has continued to be slow.

Modi govt expects better finances in second half of FY22 thanks to momentum of recovery

Despite the harsh economic impact of the pandemic, there has been a definite uptick in the tax collections, a half-yearly review by the finance ministry says.

Controversial FRDI bill being ‘fine-tuned’, likely to make a comeback in 2022-23

Finance ministry in process of finalising certain provisions like the ‘bail-in’ clause, which had triggered uproar that forced the legislation to be withdrawn in 2018.

E-retail firm Shopee is ‘Chinese, entered India illegally’: Traders’ body wants action from govt

In a letter to Nirmala Sitharaman and Piyush Goyal as well as Competition Commission of India, CAIT alleges Shopee came to India under complex structure to hoodwink govt. 

61 companies raised Rs 52,759 crore via IPOs till October this fiscal, says FM Sitharaman

In a written reply in Lok Sabha, Nirmala Sitharaman said that among the 61 IPOs, 35 were below Rs 100 cr, while 4 were in the range of Rs 100 cr & less than Rs 500 crore.

Modi govt’s pandemic strategy focused on revival has worked. Economic indicators prove it

Modi government’s policy response to Covid — focusing on directed credit to the distressed — was prudent, even if unpopular.

On Camera

YourTurn

Apple needs to break out of its comfort zone with bold mega deals à la Microsoft

Historically, large M&A hasn’t been Apple’s style. However, with its resources, the company can certainly take the risk to transform its business and expand its capabilities.
V. Anantha Nageswaran

Who is V Anantha Nageswaran, new chief economic advisor? IIM-A grad, academic, PM’s ex-advisor

Nageswaran, who has taught at various B-schools in India and Singapore, takes charge days before the tabling of the Economic Survey and the Union Budget.

Defence

Representational image of Indian Navy ships | Photo: Commons

India carrying out more warship patrols than ever to catch China in crowded global seas

Estimated 125 foreign naval vessels are in the Indian Ocean at any given time, roughly 3 times the number deployed in the wake of the 9/11 attacks when the US invaded Afghanistan.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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