Page 126 - Nirmala Sitharaman

Jan Suraksha schemes bring insurance, pension accessible to common man: FM

Finance Minister Nirmala Sitharaman said the three Jan Suraksha schemes have brought insurance and pension within the reach of the common man.

Street signs: Global tech leader in 30 yrs, Nifty50 near key support & more

Benchmark indices fell nearly 4 per cent last week, following interest rate hikes by the Reserve Bank of India and the US Federal Reserve

RBI interest rate hike wasn't surprising, timing was: FM Sitharaman

For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash reserve ratio by 50 basis points to 4.5 per

Cost accountants' body asks govt to allow members to carry audits of MSMEs

The institute has asked the government to allow its members to do various activities, including the tax audit under the Income Tax Act, 1961

FM Sitharaman flags anonymity as 'inherent risk' in use of blockchain

Finance Minister Nirmala Sitharaman flagged anonymity as an "inherent risk" in blockchain technology and called for taking precaution in future with a rise in the use of this technology

Sitharaman, 3 CMs among 300 leaders expected to attend WEF Davos summit

MP CM Shivraj Singh Chouhan, his K'taka counterpart Basavaraj S Bommai as well as Andhra Pradesh CM Y S Jaganmohan Reddy are expected to be in Davos for the World Economic Forum's Annual Meeting 2022

Gadkari pitches for priority sector lending to alternative fuel players

Gadkari said they found it difficult to compete with the petrol and diesel sector, which has deep pockets

FinMin, Sebi to decide on relaxating LIC minimum public holding: DIPAM Secy

The Finance Ministry will discuss with market regulator Sebi to exempt LIC from the minimum public shareholding norm, DIPAM Secretary Tuhin Kanta Pandey said

GST Council meet: Extension of compensation cess to states to be in focus

The states have urged the Centre to extend the five-year compensation period under the GST law before its termination by June-end

India will adopt a considered view on crypto: FM Nirmala Sitharaman

The decision on crypto will not be rushed through, she said in an interaction at Stanford University.

FM assures investors of addressing pain points to encourage investments

The Finance Minister said she was open to receive suggestions, understand pain points and offer necessary redressal wherever possible

Consider impact on other nations before imposing sanctions: FM Sitharaman

She also blamed rising commodity prices due to Russia-Ukraine war for the high inflation

Sanctions can have unintended results in interconnected world: Sitharaman

Speaking at Stanford University, she said India's stand on the Russia-Ukraine war is with the view to safeguard its economic and security interest

Be part of India's growth story: Nirmala Sitharaman at Silicon Valley

Finance Minister Nirmala Sitharaman at the Silicon Valley invited investors to be part of the country's growth story

Hotel Association of India urges govt to bring down insurance premiums

The hotel association alleged that insurance companies are not allowed to quote different rates to hotel properties based on the risk category of the insured, thereby putting all the hotels at par

FM Sitharaman invites US semiconductor players to make investments in India

The Finance Minister also met Uber CEO Dara Khosrowshahi, who gave a snapshot of the company's investment in India and expansion plan

Waning demand for LIC IPO highlights fiscal challenges for PM Modi

Life Insurance Corporation of India's board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far lower than the Rs 500 billion estimated before Russia invaded Ukraine

FM Sitharaman asks IMF, World Bank to give Sri Lanka low-income tag

This comes as India's southern neighbour deals with its worst-ever economic crisis.

FM Sitharaman urges Indian diaspora to become partners in growth of country

Finance Minister Nirmala Sitharaman has urged the Indian diaspora to become partners in growth of the country during the next 25 years as it attains 100 years of independence. Addressing the Indian community in the Silicon Valley, San Francisco Bay Area, she highlighted the contributions of the country people in innovation and research. "FM Smt. @nsitharaman highlighted the stellar contribution of Indian diaspora in US, esp. their role in innovation & research. FM also spoke about structural reforms undertaken by GoI & exhorted the community to become partners in the growth of India during the Amrit Kaal," a finance ministry tweet on Sunday said. The journey of India to attain 100 years of independence from its 75th year of independence has been termed Amrit Kaal. The Finance Minister is visiting the US to attend IMF-WB Spring Meetings 2022.

FM Sitharaman meets heads of FedEx, Mastercard, others during US visit

Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect Raj Subramanian, during the meeting with the Finance Minister, mentioned that he is positive about India and has significant expansion plans, including in skilling. Appreciating the government's commitment to integrated development through PM Gati Shakti Master Plan, Subramanian said the company is looking at R&D Centres in India. Last year, Prime Minister Narendra Modi launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time.