Nirmala Sitharama

FM Nudges PSU Banks To Take Swift Action Against Frauds, Wilful Defaulters

Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till the financial year 2021-22. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off.

Jul 09, 2023, 20:30 PM IST

GST Council slashes tax rate on hotel tariffs; aerated drinks to get costlier

The key sectors which would benefit from GST rate cuts are hotels, gems & jewellery, defence and automobiles.

Sep 20, 2019, 21:50 PM IST

US Special 301 report on IPR a unilateral measure: Nirmala

Doing some tough-speaking, Commerce and Industry Minister Nirmala Sitharaman has said the US Special 301 report on IPR is a "unilateral" move and no country has any right to interfere in the sovereign position of other nation.

May 16, 2016, 15:16 PM IST

India to announce WTO breakthrough: Sources

Trade minister Nirmala Sitharaman was due to give a statement shortly, a government official in New Delhi said.

Nov 13, 2014, 10:31 AM IST