Page 12 - Latest Updates on Nirmala Sitharaman
Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc
Finance Minister Nirmala Sitharaman asked industry to shed hesitation in investing and expand capacities while partnering with the government to skill youth for faster employment
 "Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc")
GST rate cuts impact Centre and states equally, says FM Sitharaman
The opposition was putting pressure on the BJP-led central government, seeking compensation of potential revenue loss from GST rationalisation
 "GST rate cuts impact Centre and states equally, says FM Sitharaman")
Govt has met industry needs, now India Inc must expand: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said the government has delivered reforms, urges companies to invest, expand production, and partner in skilling youth for India's growth
 "Govt has met industry needs, now India Inc must expand: Nirmala Sitharaman")
Prices of premium TV sets to go down 8%: Sony India MD Sunil Nayyar
Festival season demand to grow by 10% and TV prices come down by 7.8%
 "Prices of premium TV sets to go down 8%: Sony India MD Sunil Nayyar")
₹3.6 trillion given to 22 states under 50-year loan, says FM Sitharaman
Addressing CII GCC Business Summit here, she also said India's capital investment grew to 4.1% (including states) of the GDP in 2024-25 from 1.7% in 2013-14
 "₹3.6 trillion given to 22 states under 50-year loan, says FM Sitharaman")
GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman
The finance minister also said the GST revenues grew to ₹22.08 trillion in 2025 from when it was introduced
 "GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman")
India must invest in sovereign data infra, AI skilling for a new economy
NITI Aayog projects AI could add up to $1 trillion to India's GDP by 2035, but success depends on sovereign infrastructure, skilling, and responsible adoption
 "India must invest in sovereign data infra, AI skilling for a new economy")
In AI world, regulation must keep pace with tech: FM Nirmala Sitharaman
If technology is on a sprint, regulation should also be on a sprint. We do not want regulation that literally wipes off the technology itself, says FM
FM Sitharaman highlights GIFT City as global hub for financial services
GIFT IFSC, international financial services centre, is located in Gandhinagar Gujarat
 "FM Sitharaman highlights GIFT City as global hub for financial services")
Regulations should foster innovations, not wipe them out: FM Sitharaman
The government is determined to not only adopt AI technologies but also ensure their responsible application across various sectors, she said
Insurance Amendment Bill likely in Winter session, says FM Sitharaman
The finance minister, in this year's Budget speech, proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector
 "Insurance Amendment Bill likely in Winter session, says FM Sitharaman")
Exporters, industry bodies knock on RBI's door for US tariff buffer
Exporters and industry bodies sought RBI relief including moratoriums, relaxed NPA norms, and REER settlements to counter the impact of 50 per cent tariffs by the US
 "Exporters, industry bodies knock on RBI's door for US tariff buffer")
GST revamp to set off demand, investment, job cycle: FM Nirmala Sitharaman
Sitharaman says the govt will shift focus to speed up disinvestment
 "GST revamp to set off demand, investment, job cycle: FM Nirmala Sitharaman")
GST reforms: Taxation can't be an emotional decision, says FM Sitharaman
Days after the big-bang GST reform announcement, FM Nirmala Sitharaman, at her North Block office on Saturday, spoke at length on a range of issues in an hourlong interaction with Business Standard
 "GST reforms: Taxation can't be an emotional decision, says FM Sitharaman")
Separatist mindset dominates DMK's Dravidian model of politics, says FM
While the DMK claims to be a champion of social justice, she said, the fact is that caste-violence has recurred in different parts of the state, with members of the Scheduled Castes
Govt keeping 'good watch' on rupee as several currencies fall, says FM
On August 7, President Donald Trump administration enforced a 25 per cent tariff on Indian goods, citing India's persistent oil imports from Russia and long-standing trade barriers
 "Govt keeping 'good watch' on rupee as several currencies fall, says FM")
Spurt in consumption to meet fiscal deficit target of 4.4%: Sitharaman
She also emphasised that consumption boost to be provided by landmark GST reform
 "Spurt in consumption to meet fiscal deficit target of 4.4%: Sitharaman")
PM Modi's nudge ushered in biggest GST reform in 8 years: Sitharaman
The final decision on changes in the GST rested with the GST Council, which is headed by the Union Finance Minister and includes representatives of all states and Union Territories
GST reforms to make life easier for both businesses, consumers: Sitharaman
Finance Minister Nirmala Sitharaman said GST reforms include faster refunds, easier registrations and lower tax rates on nearly 400 products, benefiting 140 crore people
 "GST reforms to make life easier for both businesses, consumers: Sitharaman")
Sitharaman thanks state FMs for support in implementing GST overhaul
Finance Minister Nirmala Sitharaman hailed the GST Council's unanimous decision to cut tax rates, thanking state finance ministers for prioritising public relief over revenue concerns