Page 41 - Latest Updates on 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 Nirmala Sitharaman responds to X user seeking 'relief for middle class'")
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")
Economist Bibek Debroy passes away, leaders reflect on his life and legacy
Condolences and tributes poured in from across India for renowned economist Bibek Debroy, including heartfelt messages from PM Modi, President Droupadi Murmu, and other leaders
 "Economist Bibek Debroy passes away, leaders reflect on his life and legacy")
Kerala CM Vijayan urges Centre to release grant for Vizhinjam seaport
He further said that the VGF was a financial support mechanism that was introduced to encourage Public-Private Partnerships (PPPs) in infrastructure projects
 "Kerala CM Vijayan urges Centre to release grant for Vizhinjam seaport")
Proficient in ancient texts, economist Debroy had so much more to do: FM
Debroy (69), who was the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), died on Friday morning
 "Proficient in ancient texts, economist Debroy had so much more to do: FM")
FM Sitharaman urges G7, G20 members to boost support for African nations
Finance Minister Sitharaman participated in the G7 African Ministerial Roundtable on Saturday (local time), the Ministry of Finance stated
 "FM Sitharaman urges G7, G20 members to boost support for African nations")
New updates: IT ministry issues advisory to social media companies regarding misinformation
Stay with us for all the news updates from across the globe
 "New updates: IT ministry issues advisory to social media companies regarding misinformation")
Need fair sovereign ratings for capital access: Sitharaman at IMF meeting
Finance Minister Nirmala Sitharaman urged greater engagement with credit rating agencies to improve rating methodologies
Soft landing of global economy increasingly a possibility: Sitharaman
Responding to a question, Sitharaman said India is trying to grow at the fastest possible rate