Page 3 - Latest Updates on Nirmala Sitharaman
FM Nirmala Sitharaman pitches customised credit models for MSMEs
FM Nirmala Sitharaman urged SIDBI and banks to adopt customised, cash-flow-based lending instead of standardised credit products for MSMEs
 "FM Nirmala Sitharaman pitches customised credit models for MSMEs")
India offers talent, growth opportunities via GIFT city: FM Sitharaman
Nirmala Sitharaman says GIFT City showcases India's scale, talent and technology as banking assets cross $110 billion at the IFSC hub
 "India offers talent, growth opportunities via GIFT city: FM Sitharaman")
Sitharaman, US envoy Gor discuss deepening India-US economic partnership
The finance minister and US Ambassador Sergio Gor discussed fintech collaboration, investment opportunities and bilateral economic ties amid ongoing trade negotiations
Congress should stop being 'obstructionists', says FM Nirmala Sitharaman
Responsible Opposition does not engage in fear-mongering, says FM Sitharaman
PMJJBY, PMSBY settle claims worth ₹25,160 cr since their launch in 2015: FM
These flagship schemes, which completed 11 years, aim to broaden the insurance and pension landscape by shielding citizens against life's uncertainties and fostering long-term financial resilience
 "PMJJBY, PMSBY settle claims worth ₹25,160 cr since their launch in 2015: FM")
FM Sitharaman hints at Covid-like fertiliser subsidy for farmers
Finance Minister signals fertiliser prices may not be passed on to farmers despite rising global costs, as subsidy burden mounts amid West Asia tensions
 "FM Sitharaman hints at Covid-like fertiliser subsidy for farmers")
Sebi must lead KYC simplification across system: Finance Min Sitharaman
Finance Minister Nirmala Sitharaman urges Sebi to simplify KYC, adopt anticipatory regulation, strengthen cybersecurity safeguards, and deepen bond markets to support long-term growth
 "Sebi must lead KYC simplification across system: Finance Min Sitharaman")
IDBI Bank disinvestment process to continue: FM Nirmala Sitharaman
Sitharaman says IBA committee will look into issues of distribution tieups of banks for third-party products
 "IDBI Bank disinvestment process to continue: FM Nirmala Sitharaman")
Domestic consumption sustaining growth momentum, says FM Sitharaman
The minister further said that the disinvestment process of IDBI Bank will continue going ahead
 "Domestic consumption sustaining growth momentum, says FM Sitharaman")
Sitharaman meets banks on AI risks after concerns over Anthropic's Mythos
The meeting assumes significance in view of development of the Claude Mythos AI model by Anthropic claiming that it has found vulnerabilities in many major operating systems
 "Sitharaman meets banks on AI risks after concerns over Anthropic's Mythos")
Sitharaman accuses Stalin of creating 'false narrative' over paddy bonus
Sitharaman accused Stalin of misinterpreting the letter to all state governments, and said while most of the state govts understood the intent, only CM Stalin chose to 'sensationalise' it
 "Sitharaman accuses Stalin of creating 'false narrative' over paddy bonus")
Reducing import dependence: Renewable energy can play a significant role
It has been argued that India must push up the domestic production of fossil fuels, including oil and gas, along with diversifying sources of imports
 "Reducing import dependence: Renewable energy can play a significant role")
Big dharam sankat: FM Nirmala Sitharaman on small savings rates
Finance Minister Nirmala Sitharaman highlights policy dilemma between protecting small savers and managing rising government borrowing costs amid shifting savings trends
 "Big dharam sankat: FM Nirmala Sitharaman on small savings rates")
West Asia war has evolved into 'systemic tremor': FM Nirmala Sitharaman
FM Nirmala Sitharaman says current year even 'more challenging' but India has enough fiscal space
 "West Asia war has evolved into 'systemic tremor': FM Nirmala Sitharaman")
Current year more challenging amid West Asia crisis concerns: FM Sitharaman
She said the current year is likely to be more challenging due to the escalating conflict in the West Asia, which has heightened regional security concerns
 "Current year more challenging amid West Asia crisis concerns: FM Sitharaman")
A corporate model goes political: Twenty20 may disrupt Kerala politics
Kitex-backed Twenty20 enters Kerala's Assembly polls with NDA, pitching its Kizhakkambalam model as a disruptor in the state's bipolar political landscape
 "A corporate model goes political: Twenty20 may disrupt Kerala politics")
Sabarimala issue: 'Even God is not safe' in Kerala, alleges FM Sitharaman
"The UDF and the LDF cannot go on like this. Because Kerala's economy is in a very bad state," the finance minister said
IBC Bill passed; FM highlights land authorities can join CoC meetings
Parliament passes IBC Bill allowing land authorities in CoC meetings, with around 50,000 homebuyers expected to benefit from pending real estate cases
 "IBC Bill passed; FM highlights land authorities can join CoC meetings")
CoC must list reasons for approving resolution plan in new IBC Bill: FM
The amended IBC Bill requires the Committee of Creditors to record reasons for selecting resolution applicants, while introducing timelines for NCLAT and faster approval of plans
Insolvency law crucial in improving health of banking sector: FM Sitharaman
Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday said that more than half of the NPAs (Non-Performing Assets) have been recovered by the banks through the resolution process