Indo-Pacific concept initiated to disrupt existing structure, contain China: Russian FM
The new Indo-Pacific concept being pushed by the US, Japan and others is an attempt to reconfigure the existing structure, Russian Foreign Minister Sergey Lavrov said. "Why do you need to call Asian Pacific as Indo-Pacific? The answer is evident -- to exclude China. Terminology should be unifying, not divisive. Neither SCO nor BRICS is exclusionary," Lavrov said.
Iranian FM apologises for plane 'disaster', cites 'US adventurism'
Iran's foreign minister Mohammad Javad Zarif offered condolences and "profound regrets" after the Iranian armed forces admitted unintentionally shooting down the Ukrainian airliner due to "human error". He took to his Twitter handle apologizing for the same and calling it "a sad day"
Russian FM, US envoys to visit India next week
Lavrov is on a key visit to India to meet his counterpart ahead of five planned meetings between PM Modi and President Putin this year, and will be among the star attractions for the Raisina Dialogue. The escalating tensions in the Gulf region in India’s Western neighbourhood, where Russia also has huge stake, will figure during Lavrov’s meetings here.
FM may announce second round of capital infusion for non-life insurers in Budget
The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last month. However, these companies would require additional Rs 10,000-12,000 crore capital dose to meet the prescribed solvency margin, sources said.
FM Nirmala Sitharaman holds pre-budget meet with BJP leaders
The BJP has been holding a series of meetings with various stakeholders, including business leaders, farmer bodies and trade unions, as part of its per-Budget dialogue. These meetings are being coordinated by party spokesman on economic issues, Gopal Krishna Agarwal.
What FM Nirmala Sitharaman could do in Budget 2020 to boost demand and revive economy
Consumer demand is lacklustre, tax collection is modest & estimated GDP growth for 2019-20 is 5%, an 11-yr low.
Govt taking steps to simplify taxation; curb harassment of honest taxpayers: FM
Addressing an event organised by Confederation of All India Traders (CAIT), the finance minister said the government is open to suggestions for the betterment of GST filing system.
Iranian FM, US Secretary of State reviews situation with Jaishankar
One of the biggest challenges for India in case of an escalation would be safeguarding the welfare of Indian diaspora in the Gulf region. Memories of the 1990-91 Gulf War, when tens of thousands of Indians had to be evacuated from Kuwait and other places in the region, still haunt many people.
No more cuts in corporate tax: Abhijit Banerjee’s advice to FM
"No more cuts in corporate taxes...the corporate sector (is) sitting on cash, it is not investing, " he said.
S Jaishankar holds conversation with Iranian FM, says India deeply concerned about levels of tension
The conversation between the two leaders comes days after Iran's top military commander Soleimani was killed in a US strike.
FM releases stamp to commemorate DRI’s role
After releasing the stamp, Sitharaman stressed on the critical need for training officers of DRI in using technology and data analytics to be able to inspire confidence of citizens and deter smugglers, the finance ministry said.
Team Nirmala: A look at FM's team that is led by finance secretary Rajiv Kumar
Finance minister Nirmala Sitharaman gears up to present her second budget amid wide expectations of major reform measures to reverse the economic slowdown. ET takes a look at her team that is led by finance secretary Rajiv Kumar.
Budget 2020: Flat tax-rate without exemptions on FM's table
Amid the slew of pre-budget consultations leading to the presentation of Union Budget 2020, North Block is now mulling certain changes to pe...
Prudent decisions will be protected, FM Nirmala Sitharaman tells bankers
Sitharaman, in a meeting with top executives of public and private sector lenders attended for the first time by the CBI director, Rishi Kumar Shukla, assured the bankers that a distinction would be made between genuine commercial failures and culpability. She further added that there had been concerns and worries among bankers about investigative agencies.
Budget 2020: Income tax cuts, slab rejigs on FM's table
The govt is considering giving more money to people via schemes such as PM-KISAN, boosting infra spend.
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