Page 21 - Latest Updates on Nirmala Sitharaman
ADB commits up to $4.5 billion in annual sovereign loans for India
ADB President Masato Kanda has said the bank is ready to lend India up to $4.5 bn annually, with added private sector funding, to support clean energy, rural development, and Viksit Bharat 2047 goals
 "ADB commits up to $4.5 billion in annual sovereign loans for India")
India fastest-growing economy for fourth year running: FM Sitharaman
FM highlights 7.4% Q4 GDP growth driven by industry, services and agri; calls for faith in India's abilities and urges reforms to eliminate corruption and ease regulation
 "India fastest-growing economy for fourth year running: FM Sitharaman")
Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25
Capital expenditure for FY 2024-2025 at Rs 10.5 trillion stood at 103.3 per cent of the revised estimate for the year, CGA data showed
 "Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25")
Tech integration in Op Sindoor a global case study: FM Nirmala Sitharaman
The finance minister said on Thursday that tech-led coordination during Operation Sindoor marks a turning point in India's defence strategy
Industries with AI to propel India to 3rd-largest economy: FM Sitharaman
FM says adoption of tech could have accelerated productivity gains
FM meets ADB President; seeks support for integrated rural prosperity
The discussions focused on shaping the partnership in line with Prime Minister Narendra Modi's vision for Viksit Bharat by 2047
Govt to operationalise Rs 1-trillion innovation fund in next 3 months
With ₹20,000 crore already allocated, the ANRM innovation fund will support private-sector R&D in critical technologies like EVs, clean energy, and deep tech
 "Govt to operationalise Rs 1-trillion innovation fund in next 3 months")
FM directs public insurers to adopt AI, expand portfolios for new risks
FM asks state-run insurers to tackle emerging risks like cyber fraud, diversify products, use AI for pricing and claims, improve penetration and transform digitally
Tariff suspense a key risk to Indian economy, says finance ministry
FinMin report flags India Inc's foreign investments
 "Tariff suspense a key risk to Indian economy, says finance ministry")
FM Nirmala Sitharaman signals policy aid to fintechs in Pine Labs visit
Sitharaman may visit more fintech companies and global capability centres across major cities
 "FM Nirmala Sitharaman signals policy aid to fintechs in Pine Labs visit")
FM Sitharaman visits Pine Labs Noida office, lauds India's fintech sector
During her visit to Pine Labs in Noida, FM Sitharaman praised India's fintech sector for delivering secure and inclusive digital financial services to MSMEs and merchants
 "FM Sitharaman visits Pine Labs Noida office, lauds India's fintech sector")
GST Council to take up rate rationalisation issue in next meeting
A GoM headed by Minister of State for Finance Pankaj Chaudhary is looking into the future of compensation cess beyond March 2026
 "GST Council to take up rate rationalisation issue in next meeting")
Nirmala Sitharaman gets court notice over remarks on AAP leader's marriage
A Delhi court has issued notice to Nirmala Sitharaman over alleged defamatory remarks about AAP leader Somnath Bharti's marriage during election campaign
 "Nirmala Sitharaman gets court notice over remarks on AAP leader's marriage")
Expedite M&As that pose no competition threat: FM Sitharaman to CCI
Antitrust regulator must balance 'regulatory vigilance with a pro-growth mindset', says Nirmala Sitharaman
 "Expedite M&As that pose no competition threat: FM Sitharaman to CCI")
CCI to bring new toolkit for curbing cartels in public procurement
The antitrust watchdog has been concerned over private companies taking advantage of lack of such checks in the systems to form cartels while bidding for public procurement tenders
 "CCI to bring new toolkit for curbing cartels in public procurement")
FM Nirmala Sitharaman to meet PSB chiefs on Thursday for annual review
The cumulative profits of PSBs surged to a record ₹1.78 trillion in FY25, registering a growth rate of 26 per cent over the previous year. All 12 PSBs saw profits of ₹1.41 trillion in FY24.
Indo-Pak tensions: PSBs fortified ops in sensitive areas along border
Banks such as Punjab & Sind Bank, Canara Bank, Union Bank of India, and Punjab National Bank have asked their circle heads to stay in their zonal offices
 "Indo-Pak tensions: PSBs fortified ops in sensitive areas along border")
FM asks banks to stay alert, says financial system remains robust
Finance Minister asks banks to ensure uninterrupted banking, cyber vigilance and ATM cash flow amid India-Pakistan tensions; insurers told to speed up claim settlements
AI regulation needs global cooperation, not isolated moves: Sitharaman
Speaking in Milan, Finance Minister calls for common global framework for the technology
 "AI regulation needs global cooperation, not isolated moves: Sitharaman")
Govt brings draft framework of 'India's Climate Finance Taxonomy'
The finance ministry's draft taxonomy aims to guide climate-aligned investments across power, mobility, buildings, MSMEs and hard-to-abate sectors
 "Govt brings draft framework of 'India's Climate Finance Taxonomy'")