Discover and read the best of Twitter Threads about #NirmalaSitharaman

Most recents (24)

Finance Minister Nirmala Sitharaman's @nsitharaman statement saying, "Rupee is not weakening, Dollor is strengthening" is being discussed so much in social media especially by the so called trolls.

Let's dive into some facts:

(Cont..)
How has Major World currencies performed against Dollar in last one year (From October 2021 to October 2022)?

1 USD = 6.44 Chinese Yuan to 7.19 Chinese Yuvan (Growth of 11.6%)

1 USD = 114.38 Japanese Yen to 148.78 Japanese Yuan (Growth of 30%)

(Cont..)
1 USD = 0.73 Pound to 0.9 Pound ( Growth of 23.2%)

1 USD = 0.86 Euros to 1.03 Euros (Growth of 19.7%)

1 USD = 1.35 Australian Dollar to 1.61 Australian Dollar ( Growth of 19.2%)

1 USD = 1182 South Korean Won to 1441 South Korean Won (Growth of 21%)

(cont..)
Read 20 tweets
Tax stability for businesses to bond inclusion in global index; 5 highlights from FM Sitharaman’s speech today

A Thread 🧵 #NirmalaSitharaman
1) India is the fastest growing economy in the world and over the next 25 years, the government will reposition it to ensure that India becomes a developed nation by 2047
2) The government is committed to its intent to privatise PSU and push banking sector reforms. The initial public offering of LIC of India has shown that government is committed to the process of disinvestment. The government will go ahead with banking sector reforms as well
Read 6 tweets
Chinese #smartphones continue to lead the market share despite crackdown by the Indian government

businessinsider.in/tech/mobile/ne…

By @sourabhjain24
Four out of five #smartphones sold in the June quarter in India were made by Chinese companies, according to reports. This is despite the crackdown by the Indian government on Chinese smartphone giants #Xiaomi, Oppo and #Vivo, which control half of India's smartphone market.
In addition to the crackdown by the government, there have been calls for a boycott of Chinese products in India since the two countries clashed in the Galwan valley in 2020.

FM #NirmalaSitharaman recently spoke about the crackdown on Chinese companies in the Rajya Sabha.
Read 9 tweets
Thread for AAP Ka News #E99 - 26th July 2022

Add your news articles & links to the last post in this thread.

#aapKaNews #aap #News

@phani_nath @Randhr602 @Gokul_kool @RupamCh81732018

#thread : post 1 / n
#news Thread 2/n

The probe agency said the mountain of cash found at Chatterjee's aide's home belonged to the minister.
#WestBengal #sscscam #politics #corruption

indiatoday.in/india/story/pa… #MamataBanerjee #Bhubaneswar #ParthaChatterjee
#news #thread 3/n
#Gujarat hooch tragedy: Village head had approached police in March seeking action against illegal #liquor trade

indiatoday.in/india/story/gu…

#ModiHaiToMumkinHai #bjp @AAPGujarat @HasanSafin @AAPYouthWing
Read 19 tweets
#JustIn | Finance Minister #NirmalaSitharaman said that the entire duty reduction in petrol and diesel has been done out of the RIC component of the taxes levied on petroleum products so the burden of the tax cuts will be borne solely by the Centre. | @tragicosmicomic reports
Allaying concerns that the duty cuts will lower the devolution of taxes to States, Finance Minister #NirmalaSitharaman said that the basic excise duty on petro products, which is sharable with states 'has not been touched'. | @tragicosmicomic reports
Total taxes levied on petrol and diesel include a Basic Excise Duty, a Special Additional Excise duty, the Road & Infrastructure Cess and Agriculture & Infrastructure Development Cess, of which only BED is sharable with States, the minister pointed out. | @tragicosmicomic reports
Read 5 tweets
FM #NirmalaSitharaman announces a slew of measures to curb inflation, citing PM #NarendraModi's commitment to help the poor and common man, including a Rs.8 reduction in central excise duty per litre of #petrol and a Rs.6 cut in the duty on #diesel, reports @tragicosmicomic
She exhorted all States, especially those that had not cut State levies when central #taxes on #fuel products were cut the last time in November 2021, to implement a similar cut and give relief to the common man.
A subsidy of Rs. 200 per gas cylinder for upto 12 cylinders a year, will be granted to over 9 crore beneficiaries of the PM Ujwala Yojana.
Read 5 tweets
Central Public Sector Enterprises (CPSEs) as on 31.03.2021 (2020-21)

" 255 operational CPSE
Total turnover - Rs 24,26,045 crore
Total profit of 177 CPSE - Rs 1,89,320 crore
(The total profit of profit making CPSEs has increased by 37.53%)

#மத்திய_அரசு_பொதுத்துறை_நிறுவனங்கள் 2010-2011 CPSE Performance Overview2001 - 231 CPSE in Operation 2011 - 220 CPSE in Operation
(The total loss of loss making CPSEs has decreased by 29.86% during FY 2020-21 over FY 2019-20)"
----- by Union Minister of State for Finance Dr BHAGWAT KISANRAO KARAD in a written reply to a question in Lok Sabha on 14 MAR 2022 (PIB Release ID: 1805998)

#BHEL #BSNL #NLC
Department of Public Enterprises (DPE), Ministry of Finance, Government of India brings out
Public Sector Enterprises Survey for the Financial year 2019-2020 on the Performance of Central Public Sector Enterprises (CPSEs)
Read 7 tweets
Budget 2022 Highlights & Important points:

1. Digital rupee to be launched using Blockchain Technology by the Central Bank.

2. Gain on Digital Assets to be taxed at flat 30% and 1% TDS on payments made on transfer of Digital Assets.

(1/5)
3. Income tax returns can be updated within 2 yrs of deadline.

4. No tax concessions / rebate for individuals. No change in Income tax Slabs.

5. Post offices to be digitalized & come on the core banking system.

(2/5)
6. Require spectrum auction for 5G rollout to be conducted in FY 22-23.

7. Public issue of LIC to be expected shortly.

8. India will manufacture 400 energy- efficient Vande Bharat trains in the next 3 years.

(3/5)
Read 5 tweets
Nirmala Sitharaman presents #Budget2022 in Parliament, #Sensex jumps over 800 points

Catch all the #BudgetSession2022 live updates.👇

scroll.in/latest/1016370…
#BudgetSession2022

The Budget seeks to lay a blueprint for the next 25 years, says the finance minister.

“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.

Catch all the #Budget2022 live updates.👇

scroll.in/latest/1016370…
Nirmala Sitharaman says the government strives to provide necessary ecosystem for middle class.

“This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100,” she adds.

Catch all the #Budget2022 live updates.👇

scroll.in/latest/1016370…
Read 64 tweets
#India's economic growth in current year is estimated to be 9.2%, highest among all large economies- FM @nsitharaman #Budget2022
National Highway network will be expanded by 25,000 kilometre: @nsitharaman #Budget2022
The data exchange among all mode of operators will be brought on unified logistics interfere program : #NirmalaSitharaman

#Budget2022
Read 30 tweets
Finance Minister Nirmala Sitharaman begins her Budget speech in Parliament

#BudgetSession2022 @nsitharaman #incometax #infrastructure @nsitharamanoffc
Nirmala Sitharaman speaks on disinvestment and refers to
- Air India sale
- Neelanchal ISPAT
- LIC IPO

#BudgetSession2022 @nsitharaman #incometax #infrastructure @nsitharamanoffc
PM Gati Shakti - 7 Engines of growth from Airports, Railways, Roads to Logistics and clean energy has been planned.

#BudgetSession2022 @nsitharaman #incometax #infrastructure @nsitharamanoffc
Read 54 tweets
#Budget 2022 | What are #NirmalaSitharaman’s options amid polls, Covid uncertainty and price rise?

The government is expected to increase spending in infrastructure and health sectors, but tax relief for the middle class doesn’t seem to be on cards.

scroll.in/latest/1016274/
#Budget2022 | With as many as five states set to go to polls within days of the Union Budget, Finance Minister Sitharaman might have an eye on providing relief to the salaried class.

What might the finance minister announce in the #Budget today? ⬇️
scroll.in/latest/1016274
#Budget2022 | The government is likely to announce incentives for opting for the new tax regime that had been announced two years ago, but did not find too many takers, according to the Mint. scroll.in/latest/1016274/

#UnionBudget2022
Read 8 tweets
#BudgetWithMint | Will the upcoming Union Budget 2022 bring any tweaks to the existing income tax rates? Taxpayers are expecting some rebate or relief from Finance Minister #NirmalaSitharaman

Find out: livemint.com/budget/expecta… Image
#BudgetWithMint | As Finance Minister Nirmala Sitharaman is scheduled to present Union Budget 2022 on 1 February, the healthcare sector has urged the government to increase spending on genetic research.

Read: livemint.com/budget/expecta… Image
#BudgetWithMint | While the real estate sector is looking at a robust housing demand revival in 2022, it also expects the Union Budget 2022 to play a supportive and enabling role.

Here's what the sector is expecting: livemint.com/budget/expecta… Image
Read 5 tweets
JUST IN: "The 46th GST Council was held today. It was a meeting called under emergency provisions. It was a brief meeting," says Finance Minister #NirmalaSitharaman | @yuthikabhargava reports
@yuthikabhargava "There was only one agenda. It was triggered off by a letter which was written to me by the finance minister of Gujarat, requesting for reconsideration of the September 2021 decision taken in the Council, says #NirmalaSitharaman. Photo: Shiv Kumar Pushpakar Image
@yuthikabhargava Textile was the only issue of discussion. The Council's decision was that we maintain status quo and not go to 12% from 5%. But since it's an issue of inversion, several ministers spoke about the long term ways in which Council is going to look at in correcting these things: FM
Read 5 tweets
#BREAKING | தேசிய நெடுஞ்சாலைகள், மொபைல் டவர்கள், விளையாட்டு அரங்கங்கள், ரயில்வே நிலையங்கள் உட்பட 6 லட்சம் கோடி ரூபாய் மதிப்பிலான உள்கட்டமைப்பு சொத்துக்களை வருகிற 4 ஆண்டுகளில் விற்க இந்திய அரசு திட்டம்.

#NirmalaSitharaman | #Privatization
#NMP

'தேசிய பணமாக்கல் ஆதார வழிமுறைகள் (NMP)' திட்டத்தின் படி கீழ்க்கண்ட உள்கட்டமைப்பு சொத்துக்களை 6 லட்சம் கோடி ரூபாய்க்கு வரும் 4 ஆண்டுகளில் விற்கப்படுகிறது.

(Courtesy: CNBC TV18)
விற்கப்படும் சொத்துக்கள் மீண்டும் திரும்பப் பெறப்படும்; ஒரு குறிப்பிட்ட காலத்திற்குப் பிறகு தனியார் நிறுவனங்கள் அந்த சொத்துக்களை திரும்பக் கொடுக்க வேண்டும். சொத்தின் உரிமம் அரசிடமே இருக்கும்: நிதியமைச்சர் நிர்மலா சீதாராமன்
Read 3 tweets
From #Unacademy to #Swiggy ⁠— Prime Minister #NarendraModi gets a request from founders of India’s biggest startups

businessinsider.in/business/start…

By @Krittiiii Image
@Krittiiii The leaders of 22 Indian #startups and venture capital (VC) firms jointly wrote to Prime Minister Narendra Modi, on July 29, urging the Indian government to allow direct overseas listing of companies based in India.

#NarendraModi
@Krittiiii The industry leaders, in a copy of the letter seen by Business Insider, have highlighted that many successful Indian #startups have continued to be at the forefront of driving massive tech transformation in India & building globally competitive products & services.

#NarendraModi
Read 11 tweets
- #EPFO scheme extended till March 31, 2022.

- Free #visa capped at one per individual.

And some other announcements made by the Finance Minister in today's press conference.

Take a look.

#FM @FinMinIndia #FinanceMinister Image
Extension of Atmanirbhar Bharat Rozgar Yojana till March 30: Finance Minister #NirmalaSitharaman Image
Govt announces measures to revive #tourism.

Free Tourist #Visa to 5 lakh tourists announced. Image
Read 5 tweets
Post #Stimulus of Rs 30 lakh Cr last year,akin to 15% of GDP, Finance Minister announced slew of measures to ease stress on #Covid affected sectors,including Loan Guarantee Scheme of Rs 1.1 lakh Cr

#ECLGS amount hiked from Rs 3 lakh Cr,to 4.5 lakh Cr 💪

@narendramodi govt,cares
Credit Guarantee Scheme is an excellent measure to help Micro Lending Institutions,with interest rate on loans from banks capped at #MCLR+2% only

Focus on new lending rather than repayment of old loans,a big step

This is #AatmaNirbharBharat 4.0 by @narendramodi govt💪

#Economy
Besides provision of 2.3 lakh Cr for #Health sector in Union Budget 2021-22,Rs 35000Cr towards spend on #Covid,#NirmalaSitharaman again announced Rs50000Cr for Health Sector&Rs60000Cr for other sectors,with interest rate capped at 8.25%,which bodes well

@narendramodi govt cares
Read 3 tweets
Just in: "Today, we announce some relief measures. There are about 8 such measures being announced in the category of relief, four of which are absolutely new. One item is specific to health infrastructure," said Finance Minister #NirmalaSitharaman. | reports @tragicosmicomic
@tragicosmicomic Ms. Sitharaman said, "There are 8 other items that pertain to growth in general, exports and employment, and in that, 6 are totally new." - via @tragicosmicomic
@tragicosmicomic "A Rs. 1.1 lakh crore guarantee for COVID-affected sectors, and in that, health sector with Rs. 50,000 crore cover receives attention for scaling up #medical infrastructure," she said. | @tragicosmicomic
Read 10 tweets
They obtain my video footage inside my house...on the sly.....when I am alone in the room with my husband and is dressed in intimate manner
This is digital sexual assault/harassment.... I am facing since last two years
Inside my house they were video recording only my bedroom.They even used facial recognition on me.
Read 7 tweets
Just in | #NirmalaSitharaman said that the Government is working arduously for smooth coordination between States, hospitals and suppliers of oxygen and vaccines to give relief to people in the fight against #COVID19, reports @tragicosmicomic
#coronavirus #COVID19India
"Provision of oxygen, vaccines and their logistics to people affected by coronavirus is being ensured, given the recent surge in cases of #COVID19 pandemic across the country," #NirmalaSitharaman said in an interaction with industry leaders from #PHDCCI
The Prime Minister himself is monitoring the situation with eminent doctors and vaccine manufacturers: #NirmalaSitharaman
Read 9 tweets
Less than 12 hours after announcing a steep reduction in small savings interest rates, the government has scrapped the order, saying it was issued by oversight. #NirmalaSitharaman
newsbytesapp.com/news/business/…
The earlier order was to take effect from today and was slated to cover schemes like Public Provident Fund (PPF), Senior Citizen Savings, Sukanya Samriddhi Yojana, and Kisan Vikas Patra. Image
On the last day of the financial year, the government said that the interest rate on savings deposits has been slashed to 3.5% from 4% for 2021-22's first quarter. It would have hurt PPF depositors, senior citizens and helped corporate players, if implemented. Image
Read 5 tweets
#EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the #PMSVANidhi scheme

businessinsider.in/finance/banks/…

By @pabsgill
@pabsgill Public sector banks are always anxious in March as the financial year draws to a close. It's not uncommon for the management to ask employees to pull a few extra hours at work. However, this year, some public sector bank employees may be working all 31 days of the month.
@pabsgill On the one hand, the Indian government has issued an order asking banks to double the disbursements given out under the #PMSVANidhi scheme. And, on the other, the banks have their own internal targets to meet when it comes to agricultural loans, #MSME credit and other aspects.
Read 10 tweets
#ComingUp: Big newsbreak on @BiIndia, stay tuned.

@SanchDash Image
@SanchDash #EXCLUSIVE: India's largest insurer #LIC is inviting bids from payment aggregators⁠

businessinsider.in/finance/news/i…

By @SanchDash Image
@SanchDash The Life Insurance Corporation of India (#LIC), the country’s largest and over half a century old insurer, has a golden egg for India’s payment gateway operators.
Read 17 tweets

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