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Showing posts from July, 2019

Budget 2019 Live: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman starts off her maiden budget speech acknowledging the decisive mandate given by India’s voters in the recently concluded elections. The people of India have validated goals of national security and economic growth, she said.                               We have set the ball rolling for a new India  -  Sitharaman                                Indian Economy Will Touch $3 Trillion This Year: FM NEWS ALERT | FM Nirmala Sitharaman injects Rs 70,000 crore booster shot for public sector banks The latest fund injection is part of the government’s road map to adequately bolster the state-owned banks’ capital base. Finance Minister Nirmala Sitharaman in her Budget speech on July 5   administered a booster shot to India’s beleaguered state-owned banks, setting aside Rs 70,000 crore that the government will inject additional capital into public sector banks. The banking sector has been beset with bad loans that have risen due to slow growt