Page 32 - Latest Updates on Nirmala Sitharaman
Indian qcom startups can be key global players: FM Nirmala Sitharaman
Sitharaman's remarks come at a time when there is a heated debate about the effect of the swift growth of quick-commerce platforms on traditional brick-and-mortar retail stores in India
 "Indian qcom startups can be key global players: FM Nirmala Sitharaman")
Karnataka CM seeks more agricultural loans, meets FM for farmers' interests
Presenting a detailed representation, Siddaramaiah emphasised that Karnataka aims to disburse short-term agricultural loans worth Rs 25,000 crore to 3.5 mn farmers in 2024-25
 "Karnataka CM seeks more agricultural loans, meets FM for farmers' interests")
Karnataka CM seeks to meet FM Sitharaman to discuss Nabard loan 'reduction'
Speaking to reporters here, Siddaramaiah noted that the Nabard comes under the Finance Ministry, and so 'I will make a request to her'
 "Karnataka CM seeks to meet FM Sitharaman to discuss Nabard loan 'reduction'")
A lot of 'ills' have crept into the system: Panda on product mis-selling
'You don't need to chase customers. You have to give the option to the customer. No mis-selling, no force-selling, the Bima Sugam will also facilitate that,' says Debasish Panda
 "A lot of 'ills' have crept into the system: Panda on product mis-selling")
Lending rate cut still some time away: SBI Managing Director Vinay M Tonse
SBI MD says banks would look for monetary policy stance and policy rate action to decide actions
 "Lending rate cut still some time away: SBI Managing Director Vinay M Tonse")
Challenges and opportunities loom in equal measure ahead of FY26 Budget
While the formal meetings of Finance Minister Nirmala Sitharaman with various stakeholders seeking their wishlist for Budget 2026 is expected to begin next month, the budget-making exercise is gaining
 "Challenges and opportunities loom in equal measure ahead of FY26 Budget")
Banks need to make loans more affordable, says FM Nirmala Sitharaman
The Finance Minister also said that inflation is very volatile because of supply and demand constraints
 "Banks need to make loans more affordable, says FM Nirmala Sitharaman")
Cost of borrowing stressful, banks must make interest rates affordable: FM
Speaking at the annual business and economic conclave organised by SBI, the minister also asked banks to concentrate on their core function of giving loans
 "Cost of borrowing stressful, banks must make interest rates affordable: FM")
FM Nirmala Sitharaman responds to X user seeking 'relief for middle class'
India's Finance Minister Nirmala Sitharaman responded to an X (previously Twitter) user, Tushar Sharma, who had commented on the minister's online post
FM Sitharaman responds to X user seeking tax relief for middle class
The user had posted: "I humbly request you to consider providing some relief for the middle class. I understand the immense challenges involved, but it's just a heartfelt request."
 "FM Sitharaman responds to X user seeking tax relief for middle class")
Severe action to be taken for causing harassment to taxpayers: Sitharaman
The finance minister added that manufacturing is a priority for the government, and various schemes have been developed for this purpose
 "Severe action to be taken for causing harassment to taxpayers: Sitharaman")
Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025
May ease tariffs if no harm to economy, says FM Nirmala Sitharaman
According to Sitharaman, she has the responsibility to protect existing domestic companies producing goods locally, while balancing the needs of those dependent on imports
AIIB should strive for more innovative financing models: FM Sitharaman
Sitharaman, who is also Governor on the AIIB Board, stated that the multilateral institution should broaden its investment in priority sectors of climate adaptation and resilience
Manickam Tagore writes to Sitharaman over LIC's policy restructuring
In the letter dated November 5, Tagore said that the changes in LIC policies are troubling
Govt to decide soon on Rs 100 crore credit guarantee scheme for MSMEs: FM
Highlighting the five announcements made in this budget for MSMEs she said, "the introduction of a special credit guarantee corpus to help MSMEs will be very helpful during the time of distress...."
 "Govt to decide soon on Rs 100 crore credit guarantee scheme for MSMEs: FM")
Patriarchy didn't stop Indira Gandhi from becoming PM: Nirmala Sitharaman
She met the students of CMS Business School here on Saturday and discussed various measures undertaken by the Centre to support innovation as well as the government schemes available for young people
Finance Minister Sitharaman reviews progress of Mysuru planetarium
The COSMOS high-tech 15-metre LED dome planetarium, with an 8K resolution, will be the first 'Tilted LED dome' Planetarium in the world, the finance ministry said in a post on X
 "Finance Minister Sitharaman reviews progress of Mysuru planetarium")
Finance ministry asks PSU banks to meet loan targets for agri-allied sector
The secretary urged PSBs to take all necessary steps to ensure that respective targets are met during the current financial year and stressed the state governments to facilitate banks in improving the
 "Finance ministry asks PSU banks to meet loan targets for agri-allied sector")
Income tax dept receives 6,500 suggestions on review of income tax act
Public inputs and suggestions were invited in four categories simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions
 "Income tax dept receives 6,500 suggestions on review of income tax act")