Tue, Aug 06, 2024
Public sector banks saw a three-fold increase in compensation for e-frauds to Rs 140 crore in FY24, up from Rs 42.70 crore the previous year. Union Bank of India led with Rs 74.96 crore in payments. Finance Minister Nirmala Sitharaman detailed RBI’s zero liability policy for customers in unauthorized transactions, highlighting significant changes in fraud management and compensation
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Mon, Aug 05, 2024
Finance Minister Nirmala Sitharaman reports a decrease in non-performing assets (NPA) for Mudra loans to 3.4% in FY24, down from previous years. The improvement highlights a positive trend in loan recovery across public and private sector banks.
Sat, Jul 27, 2024
“It is claimed that the microphone of CM, West Bengal was switched off during the 9th Governing Council Meeting of NITI Aayog. This is not correct. The clock only showed that her speaking time was over. Even the bell was not rung to mark it,” PIB said in a fact-check.
Thu, Feb 01, 2024
Food subsidy is provided to meet the difference between the economic cost of foodgrains procured by the government and their sales realisation at the PDS rate called central issue price (CIP) under the National Food Security Act (NFSA) and other welfare schemes.
Sitharaman announced that the implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) will be stepped up to enhance aquaculture productivity from existing three to five tonnes per hectare; double exports to Rs 1 lakh crore and generate 55 lakh employment opportunities in the near future.
The pre-election Budget 2024-25 document has allocated marginally enhanced outlay of Rs 2.78 lakh crore for the highways sector.
Parliament's communications office in a release said that Speaker Mahinda Yapa Abeywardena certified the bill with his signature.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
Sitharaman emphasised the government's plans to set up more medical colleges and said that the government aims to serve the people through improved healthcare services.
International Financial Services Centres Authority (IFSCA) is a unified authority for the development and regulation of financial products, financial services and financial institutions in the IFSC in India.
India is one of the fastest growing civil aviation markets in the world and domestic air passenger traffic is on the rise.
Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).
She said the scheme follows Prime Minister Narendra Modi's announcement that the government will launch Pradhanmantri Surydaya Yojana with the target of installing rooftop solar on 1 crore houses.
The processing time of tax returns has been reduced from 93 days in FY14 to 10 days; and refunds have been made faster, she said.
The country has a target of 500 GW of renewable energy capacity by 2030.
Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also said the blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory.
The minister, while presenting the interim Budget, said that the new world order is emerging and India has successfully navigated the global challenges in fuel and fertiliser price spike.
Fri, Oct 20, 2023
Sitharaman acknowledges the global struggle to fully recover from the impact of the COVID-19 pandemic.
Thu, Dec 22, 2022
Retail inflation also fell to a 10-month low of 5.88 per cent in November 2022, after remaining beyond the RBI's upper tolerance level of 6 per cent.
Wed, Jul 03, 2019
@jimmysheirgill, the Bollywood actor, shares with #BudgetWithZee on expectations from #NirmalaSitharaman on Union Budget 2019.
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!["Looking at ways to bring down overall debt": Nirmala Sitharaman at KEC 2023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2023/10/20/265930-fm.jpg?itok=N6gWn5Oa&c=dda1181bf430fb6c549b7ee29da3be6e ""Looking at ways to bring down overall debt": Nirmala Sitharaman at KEC 2023")
