India's foreign exchange reserves stood at USD 532.7 billion as of September-end of 2022, covering 8.8 months of imports according to the Economic Survey tabled by Union Finance Minister Nirmala Sitharaman in Parliament today.
Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu's address to the joint sitting of the two houses of Parliament.
Amid growing public expectations around the Union Budget 2023, which will be presented on the floor of the Parliament on Wednesday, top business leaders of the country have also put forward their suggestions for Union Finance Minister Nirmala Sitharaman.
He has written to Finance Minister regarding imposing of Anti-Dumping Duty (ADD) on Polyester Spun Yarn (PSY) originating in or imported into the country from ASEAN (Association of Southeast Asian Nations) under the Free Trade Agreement (FTA) countries Indonesia and Vietnam.
Union Finance Minister Nirmala Sitharaman, who was admitted to the All India Institute of Medical Sciences (AIIMS), Delhi with a minor stomach infection, was discharged from the institute on Wednesday, sources said.
The 63-year-old minister was admitted to a private ward of the hospital around 12 pm, official sources said. Sources also added she was admitted to AIIMS Delhi for a routine check-up.
Union finance minister Nirmala Sitharaman on Monday said the processes for recovering money for depositors post bank loan write-offs are "layered", while noting that small depositors are put to "extreme difficulty" in the process of justice delivery.
The Appropriation Bill gives power to the government to withdraw funds from the Consolidated Fund of India for meeting the expenditure during the financial year.
Union Finance Minister Nirmala Sitharaman, who is the chairperson of the GST Council, said as many as 15 items were on agenda during today's GST Council meeting, of which eight were completed, and the remaining are to be carried forward to the next council meet.