Sitharaman | Journalpur

global economy: Uncertainties cloud global economy, G20 nations must resolutely address challenges, says RBI Guv

March 18, 2023 by Priya

Bengaluru: The global economic outlook has improved in recent months, but uncertainties still remain, RBI Governor Shaktikanta Das said on Friday as he called upon G20 nations to resolutely address the challenges, including debt distress and threats to financial stability, confronting world economies. Addressing the inaugural session of the meeting of G20 finance ministers and … Read more

sitharaman: Sitharaman highlights rising debt vulnerabilities in developing countries at G20, seeks multilateral coordination

March 18, 2023 by Priya

Finance Minister Nirmala Sitharaman on Friday highlighted rising debt vulnerabilities in many developing countries and sought views from G20 member nations on ‘multilateral coordination’ for managing the burden. Speaking at inaugural session of the G20 finance ministers and central bank governors (FMCBG) meeting, Sitharaman also sought views on how multilateral development banks, like the IMF … Read more

Sitharaman: Loans worth Rs 1550 crore disbursed to street vendors and small businessmen

January 9, 2023 by Priya

Kota (Rajasthan): Loans worth Rs 1,550 crore were given in a single day to street vendors, small businessmen and cattle breeders in a credit outreach program here on Sunday. Union Finance Minister Nirmala Sitharaman and Lok Sabha Chairman Om Birla handed out the checks to some recipients. Officials said others will receive their loan amounts … Read more

Nirmala Sitharaman: Finance Minister Nirmala Sitharaman Says Indian Rupee Strong Against All Currencies

January 2, 2023 by Priya

Finance Minister Nirmala Sitharaman praised the Indian rupee on Monday, saying it has been strong against all currencies. The minister’s statement came during the parliamentary session on Monday. “The Reserve Bank of India (RBI) has used the foreign exchange reserves it has to intervene in the market to make sure the dollar-rupee fluctuation is not … Read more

Fiscal Deficit: On track to meet 6.4% fiscal deficit target, says Finance Minister Sitharaman

January 1, 2023 by Priya

Finance Minister Nirmala Sitharaman said on Wednesday that the government is on track to meet the FY23 fiscal deficit target of 6.4% of GDP, saying there is no fear of stagflation. Responding to the discussion on the first batch of Supplementary Grant Requests 2022-23 in Lok Sabha, the finance minister said that the government is … Read more