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Government mulls measures to improve financial health of State Trading Corporation

The measures, which are under consideration, include provision of adequate time for STC to repay bank loans and sale of immovable assets.

View: Too many taxes, anti-rich mindset need to go for economy to be back on its feet

All these problems are India's own doing. We have created an anti-achiever and anti-success culture.

Finance Minister announces new tax refund scheme, easy credit to boost exports

The proposed Remission of Duties or Taxes on Export Product (RoDTEP) scheme will come into force from January 1, 2020.

Nirmala Sitharaman's booster shot for real estate sector: Key takeaways

Can Saturday's measures, along with the ones announced earlier, provide a real and tangible solution to Indian realty problems like stalled projects, funding crunch faced by developers and homebuyer stress? ET's Kailash Babar has more. (Text: PTI/ET Online)

For Finance Minister, economic revival has already started

According to Sitharaman, "there is robust FDI inflows and record forex reserves. Fiscal deficit is improving and current account deficit is contained. There is revival of fixed investments already.

Nirmala Sitharaman announces new measures to boost India exports: Watch highlights

Finance Minister Nirmala Sitharaman Saturday introduced RoDTEP - Remission Of Duties for Export Products - to replace the existing Merchandise Export From India (MEIS). Revenue foregone as a result of RoDTEP implementation would be Rs 50,000 crore, she said. Sitharaman also announced interest equalisation for MSMEs to 5 per cent from 3 per cent. She said for small procedural defaults, small tax payers would not be prosecuted. The minister added that all communications with assesses will be through technology or complete faceless dealings. Listen-in. (Text: IANS)

Rs 10,000 cr to boost affordable housing: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has announced a Rs 10,000 cr special window to boost affordable housing. The contributions to the fund will be sourced from the Govt, LIC, Banks and sovereign funds. Watch full report by ET NOW's Ruchi Bhatia

Nirmala Sitharaman on what Modi govt has done so far to fuel the economy

Finance Minister Nirmala Sitharaman Saturday presented a brief follow up on the government announcements made so far to fuel the economic growth. Listen-in.

GST: Aadhaar verification to be mandatory for new dealers from Jan 2020

"Aadhaar authentication of new dealers will be mandatory," Bihar deputy chief minister Sushil Kumar Modi, who heads the group of ministers of GST Network said.

Nirmala Sitharaman presser: 'Inflation under control, revival signs in factory output'

Finance Minister Nirmala Sitharaman Saturday said inflation is under control and there is a clear sign of revival of industrial production. Addressing the third press conference to announce measures to boost economy, the minister said inflation has been kept "very much" below 4 per cent. Listen-in. (Text: PTI)

Government announces Rs 10,000 crore special window for completion of non-NPA housing projects

Government announces Rs 10,000 crore special window for completion of non-NPA housing projects

The funding will be for non-NPA and non-NCLT housing in affordable and middle income category.

Govt announces Rs 20,000 crore stress fund for real estate, sops for exporters: Key Highlights

Govt announces Rs 20,000 crore stress fund for real estate, sops for exporters: Key Highlights

In the last few weeks, government has announced a slew of measures to revive economy.

Govt should take CMs' views before changing Finance Commission's terms of reference: Manmohan

Govt should take CMs' views before changing Finance Commission's terms of reference: Manmohan

Earlier in July, the Centre changed the terms of reference of the 15th Finance Commission and mandated the panel to suggest ways for allocation of non-lapsable funds for defence and internal security.

Government plans a private sector core team for stats of the nation

Government plans a private sector core team for stats of the nation

“There is a shortage of enumerators and we are looking at some capacity building for core survey work,” said an official in the know of the details but said there are no numbers to corroborate how many statisticians the country can produce.

Not obliged to accept centre’s nominal GDP numbers: Finance Commission

Not obliged to accept centre’s nominal GDP numbers: Finance Commission

The country’s real GDP growth fell to an over six-year low of 5% in the first quarter of this financial year.

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