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Nirmala Sitharaman, US Treasury Secretary Discuss Global Minimum Tax – NDTV

During the call, Janet L Yellen stressed on the importance of partnership with India in the G20. (File) Washington: Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet L Yellen spoke over phone on Tuesday and discussed global minimum tax. “Yellen discussed that the US and India have a shared interest in implementing a robust global minimum tax,” said…

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Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, June 25 – Punchline Gloucester

The ongoing coronavirus situation is changing by the hour with announcements being made about businesses and services that are being forced to adapt and change. Punchline is committed to trying to keep you up to date with all the news that matters to you and your business. Our team will update this story throughout the day, to ensure the latest…

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FM Nirmala Sitharaman downplays oil price hike, inflation concerns, says economy on recovery path – The New Indian Express

By Express News Service NEW DELHI:  Finance Minister Nirmala Sitharaman on Monday downplayed the high petroleum prices fuelling inflation and reiterated that fundamentals of economy are strong and India will continue to attract investment. “The weight of fuels like petrol, diesel and other fuels in the total CPI-Combined is only 2.52%,” Sitharaman said, adding that the CPI- combined inflation in…

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District co-operative banks’ bad loan ratio hits 12.6%: FM Nirmala Sitharaman – The Financial Express

In contrast, the bad loan ratio of scheduled commercial banks stood at 7.5% as of March 2021, having eased from 8.4% a year before, the RBI said in its latest report this month. Finance minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that gross bad loans of district central co-operative banks (DCCBs) were among the highest in the banking…

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India’s strong fundamentals, market size will continue to attract foreign investments: FM Nirmala Sitharam – Economic Times

India’s strong fundamentals and market size will continue to attract market-seeking greenfield investments, Finance Minister Nirmala Sitharaman said in a written reply to Lok Sabha on Monday. Quoting the World Investment Report 2021, the Finance Minister said FDI inflows into India rose by 25.4 per cent to reach USD 64 billion in 2020, from USD 51 billion in 2019, becoming…

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