Mumbai: RBI and markets regulator Sebi have discussed the huge volumes in the futures and options (F&O) segment, amid concerns raised by finance minister Nirmala Sitharaman and senior govt officials.“The volumes in the F&O market are very large, perhaps larger than the nominal GDP. We have discussed the matter with Sebi, and they are dealing…
NEW DELHI: As part of her pre-budget consultations with stakeholders, finance minister Nirmala Sitharaman will meet farmers’ associations and agriculture economists on Friday and seek their suggestions on the policy landscape for the politically and economically crucial sector.“Ideas and suggestions of stakeholders are thoroughly discussed before budget preparation.It’s a standard procedure and is followed for…
NEW DELHI: Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations set to kick off over the next few days.After taking charge as finance minister for…
New Delhi: With the swearing-in of Narendra Modi’s council of ministers over, the question uppermost on everyone’s mind is who will be the next finance minister. Will Nirmala Sitharaman stay in the wood-paneled office on the first floor of North Block, which is home to the finance ministry, or will she move to another ministry…
NEW DELHI: Union finance minister Nirmala Sitharaman was a topic of discussion among the opposition leaders and the public after she appeared to be stumped by a question asked by a stock broker regarding taxes.The question asked was: “As a broker, when we are putting a trade for retail investor, we are attracting a number…
Finance Minister Nirmala Sitharaman has hit out at the Opposition and Congress, comparing it with Mahabharata’s Shalya. According to Sitharaman, Congress keeps questioning India and Indians’ capabilities, believing that it cannot match China.In an interview with ET, Sitharaman said that the story of Shalya from the Mahabharata serves as an apt example to illustrate the…
Finance minister Nirmala Sitharaman has been leading the Modi government’s economic management in the second term. In a detailed interview after presenting her sixth straight budget, she spoke to TOI on a wide range of issues, and said that govt held its hand while presenting the vote on account as it did not want to…
