Nirmala Sitharaman leads Indian delegation at G20 Finance Ministers and Central Bank Governors in Washington

In Washington DC, Union Finance Minister Nirmala Sitharaman led the Indian delegation at G20 Finance Ministers and Central Bank Governors as well as the BRICS Finance Ministers and Central Bank Governors meetings on the side-lines of the IMF/World Bank Annual ..

CBDT launches Documentation Identification Number

The Central Board of Direct Taxes (CBDT) has launched a computer-generated Document Identification Number (DIN) to ensure greater transparency and accountability in tax administration. Thus from now onwards, every CBDT communication will have to have a documentation identification number. The ..

Month: Current Affairs - October, 2019

UK returns ‘stolen’ 12th century Buddha statue 57 years later

Union Finance Minister Nirmala Sitharaman handed over antique 12th century Bronze Idol of Buddha that was stolen from Archaeological Survey of India’s (ASI) Nalanda site museum in 1961 to Union Minister of State for Culture & Tourism (IC) Prahlad Singh ..

Month: Current Affairs - September, 2019

GST Council to reduce GST Rate on Electrical Vehicles from 12% to 5%

In a bid to promote electric mobility, the GST Council has decided to reduce GST Rate on Electrical Vehicles from 12% to 5% and on charger or charging stations for Electric vehicles from 18% to 5%. The new rates will ..

100 Most Influential Women’ in UK Power List

Nirmala Sitharaman, Union Minister of Finance and Minister of Corporate Affairs was named in 100 Most Influential in UK-India Relations: Celebrating Women list. Besides Sitharaman, list included Penny Mordaunt, Britain’s Secretary of State for Defence and Ruchi Ghanashyam, Indian High ..

Month: Current Affairs - June, 2019

Wilful Defaulters in Nationalised Banks up by 60% in 5 years: Govt

As per a written reply given by Union Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, the number of wilful defaulters in nationalised banks has increased by more than 60% to 8,582 in five years to March 2019. Key Highlights ..

Month: Current Affairs - June, 2019

JNU decides to confer alumni award to Nirmala Sitharaman & S Jaishankar

The Jawaharlal Nehru University (JNU) has decided to confer its Distinguished Alumni Award to Union Ministers Nirmala Sitharaman and Subrahmanyam Jaishankar. The award will be presented at JNU’s third convocation to be held in August. Ms Sitharaman had completed her ..

Rajiv Kumar appointed as vice chairman of NITI Aayog

Prime Minister Narendra Modi has recently reconstituted the federal policy think-tank National Institution of Transforming India (NITI) Aayog by introducing key Cabinet ministers as members as ex-officio members. Defence minister Rajnath Singh, Home minister Amit Shah, Finance minister Nirmala Sitharaman ..

2019 G-20 Finance Ministers’ meeting to be held in Fukuoka

Finance Minister Nirmala Sitharaman will attend the two-day meeting of G-20 Finance Ministers and Central Bank governors in Japan on June 8 and 9. This will be the first overseas visit of Ms. Sitharaman as Finance Minister. Besides Ms. Sitharaman, ..

1st edition of Naval Commanders’ Conference of 2019 started

On 23rd April 2019, the first edition of Naval Commanders’ Conference begin in Delhi and will continue till 25th April 2019. Nirmala Sitharaman, the Hon’ble Defence Minister has addressed Naval Commanders Conference on the opening day. The themes of ‘Functional ..