 "Who is Nirmala Sitharaman")
Nirmala Sitharaman
Who is Nirmala Sitharaman
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Latest Updates on Nirmala Sitharaman
Rahul Gandhi attacks govt on IDBI bank sale row; FM Sitharaman hits back
Congress leader backs bank employees, questions privatisation; finance minister defends disinvestment, citing revival under NDA
 "Rahul Gandhi attacks govt on IDBI bank sale row; FM Sitharaman hits back")
Former CVC Suresh N Patel to lead high-level banking reforms committee
The six-member committee will review banking regulations, capital requirements, priority sector lending and digital innovation, and recommend reforms to boost global competitiveness.
 "Former CVC Suresh N Patel to lead high-level banking reforms committee")
FM cites World Bank poverty gains, says govt committed to inclusive growth
Citing World Bank data, Sitharaman said 496 million people moved above the $4.20-a-day poverty line between 2011-12 and 2023-24, reaffirming the government's focus on inclusive growth.
 "FM cites World Bank poverty gains, says govt committed to inclusive growth")
Cong used banks as 'personal entities': Sitharaman amid IDBI divestment row
Finance Minister also cited several instances from the Congress-led government, including the removal of SBI Chairman R K Talwar in 1976 under Indira Gandhi's rule
 "Cong used banks as 'personal entities': Sitharaman amid IDBI divestment row")
Sitharaman slams Rahul over Tata remarks, warns against spreading distrust
Accusing Gandhi of repeatedly decrying the successes of Indian industry and entrepreneurs, Sitharaman said the Modi government values Indian industry as job creators and drivers of economic growth
Centre committed to reducing fiscal deficit, says FM Nirmala Sitharaman
Addressing concerns about the national debt, she said that since the post-Covid period, every nation has faced debt challenges
 "Centre committed to reducing fiscal deficit, says FM Nirmala Sitharaman")
PM inaugurates RBI's ₹169-cr data centre, cybersecurity institute in Odisha
The 18.55-acre facility in Jatni will support mission-critical payment systems, strengthen digital financial services and boost cybersecurity training
 "PM inaugurates RBI's ₹169-cr data centre, cybersecurity institute in Odisha")
FSDC flags AI boom, rising global bond yields as financial stability risks
The FSDC, chaired by Finance Minister Nirmala Sitharaman, called for stronger financial safeguards amid geopolitical uncertainties, the AI boom and rising global bond yields.
 "FSDC flags AI boom, rising global bond yields as financial stability risks")
FM Sitharaman seeks global framework to address the fallout of sanctions
FM calls for multilateral rules as economic penalties have consequences beyond their intended targets
 "FM Sitharaman seeks global framework to address the fallout of sanctions")
LTCG tax cut alone won't lure FPIs, says Bernstein; Nifty target cut to 25k
A sharp 1-2 day market rally that an LTCG cut would trigger may actually be used to offload positions, Bernstein said in an October 19 note.
 "LTCG tax cut alone won't lure FPIs, says Bernstein; Nifty target cut to 25k")
China's non-tariff walls a major export hurdle: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman says China has denied market access to Indian products despite repeated requests, while calling for a review of India's trade pact with Asean.
 "China's non-tariff walls a major export hurdle: FM Nirmala Sitharaman")
FM Sitharaman, JBIC governor discuss clean energy and critical minerals
India and Japan explore deeper cooperation in semiconductors, electric mobility and data centres, including through the $600 million India-Japan Fund
 "FM Sitharaman, JBIC governor discuss clean energy and critical minerals")
India wants to push rupee trade to help forex-starved nations: Sitharaman
Finance Minister Nirmala Sitharaman said rupee and local currency settlements could help countries struggling to access hard currencies continue importing essential goods from India
 "India wants to push rupee trade to help forex-starved nations: Sitharaman")
India-US trade deal would be concluded at the earliest: Sitharaman
On trade with China, Sitharaman said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns
China's trade barriers remain a hurdle to closer bilateral ties: Sitharaman
Finance Minister said that Chinese non-tariff barriers are restricting Indian exports of generic drugs, beef, and vegetables, complicating efforts to strengthen trade and improve bilateral relations
RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman
Open to views on long-term capital gains tax and securities transaction tax, says FM Nirmala Sitharaman
 "RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman")
Govt open to debate on LTCG tax, STT ahead of Budget: FM Sitharaman
Finance Minister Nirmala Sitharaman said investors in India and abroad have raised questions about capital gains taxation, STT and whether different asset classes should be taxed on similar lines
FM Sitharaman urges multilateral action on global steel overcapacity
Finance Minister Nirmala Sitharaman says unilateral tariffs only redirect surplus steel and calls for multilateral disciplines on subsidies, citing India's growing steel demand
 "FM Sitharaman urges multilateral action on global steel overcapacity")
FM Sitharaman meets Singapore Prez, PM; discusses boosting bilateral ties
Finance Minister Nirmala Sitharaman on Friday met Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong and discussed further strengthening bilateral cooperation.
 "FM Sitharaman meets Singapore Prez, PM; discusses boosting bilateral ties")
GST Council unveils major reforms, eases penalties and speeds up refunds
Measures ease compliance through simpler registrations, quicker refunds, wider tax credit access and relief on penalties and enforcement
 "GST Council unveils major reforms, eases penalties and speeds up refunds")