Nirmala Sitharaman

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How coronavirus threatens to derail years of effort to control India govt debt

Finance

29 May, 2020

How coronavirus threatens to derail years of effort to control India govt debt

When finance minister Nirmala Sitharaman presented the annual budget in February, a little factoid went largely unnoticed and...

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Infrastructure

26 May, 2020

Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......

Markets

20 May, 2020

Sensex, Nifty jump on earnings boost; Reliance Industries, banks gain

Indian shares rose on Wednesday, helped by gains in beaten-down banking stocks and ITC Ltd, even as domestic coronavirus cases...

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General

19 May, 2020

Why one-year suspension of bankruptcy law has put bankers, investors in tough spot

Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government...

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Finance

18 May, 2020

How govt's ‘huge' stimulus will seep into small businesses

As part of its Rs 20 trillion ‘stimulus package’ announced last week, the Narendra Modi government announced a slew...

Economy

18 May, 2020

Why Modi govt's economic plan is unlikely to soften coronavirus blow

India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending,...

Economy

18 May, 2020

India economy to contract 45% annualised in April-June: Goldman Sachs

Goldman Sachs expects India's economy to shrink 45% on an annualised basis in the quarter to the end of June, ......

Finance

17 May, 2020

Govt to privatise state-run firms, halt fresh insolvencies amid pandemic

India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year,...

General

15 May, 2020

Govt rolls out agriculture reforms, $13 bn fund to boost farm infrastructure

India on Friday freed its farmers to sell agricultural products to anyone, effectively allowing them to discover the best market...

Markets

15 May, 2020

Sensex, Nifty subdued after poor reaction to economic package

Indian shares fell on Friday after details on the government’s economic package failed to impress investors already worried...

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