Page 14 - Latest Updates on Nirmala Sitharaman
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
 "In AI world, regulation must keep pace with tech: FM Nirmala Sitharaman")
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
 "Regulations should foster innovations, not wipe them out: FM Sitharaman")
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
Centre may introduce Bill in winter session to replace tobacco GST cess
New levy could follow full repayment of GST compensation loans, keeping overall tax incidence on tobacco products high
 "Centre may introduce Bill in winter session to replace tobacco GST cess")
'Divide and rule principle': Sitharaman slams justifying Navarro's remark
Finance Minister Nirmala Sitharaman criticised attempts to justify US trade adviser Peter Navarro's "Brahmins profiteering" remark, calling it a colonial divide-and-rule tactic
 "'Divide and rule principle': Sitharaman slams justifying Navarro's remark")
India will continue to buy Russian oil as required, says FM Sitharaman
Finance Minister Nirmala Sitharaman said India will keep buying Russian oil, stressing that the country's energy decisions are guided by national interest and citizens' needs
 "India will continue to buy Russian oil as required, says FM Sitharaman")
GST rate rejig above expectation, stocks price in most positives: Analysts
The breadth and depth of the new rate cuts, analysts at Bernstein said, especially in the fast-moving consumer goods (FMCG) categories saw rate reductions well beyond what they thought was possible
 "GST rate rejig above expectation, stocks price in most positives: Analysts")
GST 2.0 impact: Small cars, tractors to get cheaper ahead of festive sales
Aiming to provide relief to the common man, the government has sharply cut the GST levied on small cars to make them more affordable
 "GST 2.0 impact: Small cars, tractors to get cheaper ahead of festive sales")
GST rate cut may ease CPI inflation by 25bps; 40bps dent on fiscal deficit
Here's how analysts leading brokerages assess the impact of the GST rate rejig on the Indian economy, bond markets and the possibility of an aggressive interest rate cut by the Reserve Bank of India
 "GST rate cut may ease CPI inflation by 25bps; 40bps dent on fiscal deficit")
Popcorn finally pops into one GST slab: Now 5% across the board
The GST Council has moved all popcorn varieties-salted, packaged, caramel-into the 5% slab, effective September 22, simplifying tax rules and cutting prices for consumers
 "Popcorn finally pops into one GST slab: Now 5% across the board")