Page 26 - Latest Updates on Nirmala Sitharaman
Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation
During their discussion, Jane Fraser highlighted Citi's expansion in India and expressed interest in strengthening the company's presence in the country
 "Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation")
Need safeguards before raising FDI limit to 100% in insurance: Parl Panel
The Standing Committee on Finance, in its report, said the downside of the FDI in India's insurance sector should be dealt with adequately and scrupulously
 "Need safeguards before raising FDI limit to 100% in insurance: Parl Panel")
Sebi lowers minimum investment in social stock exchange to Rs 1,000
According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be Rs 1,000
 "Sebi lowers minimum investment in social stock exchange to Rs 1,000")
Employees' salaries grew at 11% CAGR in 10 years: FM Nirmala Sitharaman
FM Sitharaman says factors of production being reset after pandemic
 "Employees' salaries grew at 11% CAGR in 10 years: FM Nirmala Sitharaman")
Over Rs 11.8 trn locked in direct tax litigation, FM informs Rajya Sabha
For indirect taxes, 82,011 cases are pending, with a locked revenue of Rs 5.76 trillion as of January 31, 2025
 "Over Rs 11.8 trn locked in direct tax litigation, FM informs Rajya Sabha")
Believe in 'Make in India', it's giving good results: FM to Oppn in RS
FM Nirmala Sitharaman said that production-linked incentive schemes attracted investments worth Rs 1.5 trillion so far, created 950,000 jobs
 "Believe in 'Make in India', it's giving good results: FM to Oppn in RS")
PM Internship scheme: FM Sitharaman launches mobile app for candidates
I appeal to industry that more companies should come forward and participate in the scheme, says FM
 "PM Internship scheme: FM Sitharaman launches mobile app for candidates")
FM Sitharaman launches dedicated mobile app for PM Internship Scheme
The second round of the project started in January this year under which over 118,000 internship opportunities have been posted by around 327 companies
 "FM Sitharaman launches dedicated mobile app for PM Internship Scheme")
Banks wrote off bad loans worth Rs 16.35 trillion in last 10 years: Govt
Replying to another question, Sitharaman said it has been decided by the government to constitute the 8th Central Pay Commission (CPC)
FM Nirmala Sitharaman to launch PM Internship Scheme app on Monday
The FM will also launch the first facilitation centre for the Internship Scheme being set up in Kolkata by the Ministry of Corporate Affairs in collaboration with the Confederation of Indian Industry
'Secessionist sentiments': FM Sitharaman slams DMK over ₹ symbol change
Finance Minister Nirmala Sitharaman slammed Tamil Nadu's move to replace the rupee symbol with a Tamil letter in the 2025-26 state Budget logo, calling it a threat to national unity
 "'Secessionist sentiments': FM Sitharaman slams DMK over ₹ symbol change")
Removing high-cost debt has lowered borrowing cost: FM Sitharaman
Sitharaman's comments came in the backdrop of the government's target of bringing down the debt-to-GDP ratio to 50 per cent by 2030, from the current 57 per cent
 "Removing high-cost debt has lowered borrowing cost: FM Sitharaman")
FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr
The state, currently under President's rule, has seen an increase of 9 per cent in the total capital outlay to ₹7,773 crore over the current financial year ending March 2025
 "FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr")
India eyes strong trade deal with US, aims to double trade: Sitharaman
Finance Minister Nirmala Sitharaman said that amid a growing global tariff war, India will have to move smartly to guard against dumping of goods from nations that are facing higher US tariffs
Very close to decision on reducing GST rates & slabs: Nirmala Sitharaman
Speaking on the ongoing efforts to simplify the GST structure, Nirmala Sitharaman said, 'We are very close to closing in on a final call on the reduction in GST rates and slabs'
 "Very close to decision on reducing GST rates & slabs: Nirmala Sitharaman")
Indian banks must continue to innovate, boost efficiency: Finance Minister
The finance minister virtually inaugurated 70 branches across India, 501 women customer service points, coinciding with the International Women's Day
WTO compliant trade tariffs meant for national development: FM Sitharaman
Reacting to a query in defence of 100 per cent trade tariffs on some US imports, the finance minister said that tariffs are legitimate instruments
 "WTO compliant trade tariffs meant for national development: FM Sitharaman")
Will keep India's interests on top in US trade talks: FM Sitharaman
Says govt seized of potential reciprocal tariff problems
India is closely monitoring trade talks with US, says FM Sitharaman
Commerce Minister Piyush Goyal is currently in the US for discussions aimed at safeguarding Indian exporters' interest
 "India is closely monitoring trade talks with US, says FM Sitharaman")
Don't be mere spectator, grab global opportunities: PM Modi to industry
The PM also pressed the point that India remains a growth engine for the global economy and that it has proven its resilience in challenging situations
 "Don't be mere spectator, grab global opportunities: PM Modi to industry")