Page 13 - Nirmala Sitharaman

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

With ₹20,000 crore already allocated, the ANRM innovation fund will support private-sector R&D in critical technologies like EVs, clean energy, and deep tech

FM directs public insurers to adopt AI, expand portfolios for new risks

FM asks state-run insurers to tackle emerging risks like cyber fraud, diversify products, use AI for pricing and claims, improve penetration and transform digitally

Tariff suspense a key risk to Indian economy, says finance ministry

FinMin report flags India Inc's foreign investments

FM Nirmala Sitharaman signals policy aid to fintechs in Pine Labs visit

Sitharaman may visit more fintech companies and global capability centres across major cities

FM Sitharaman visits Pine Labs Noida office, lauds India's fintech sector

During her visit to Pine Labs in Noida, FM Sitharaman praised India's fintech sector for delivering secure and inclusive digital financial services to MSMEs and merchants

GST Council to take up rate rationalisation issue in next meeting

A GoM headed by Minister of State for Finance Pankaj Chaudhary is looking into the future of compensation cess beyond March 2026

Nirmala Sitharaman gets court notice over remarks on AAP leader's marriage

A Delhi court has issued notice to Nirmala Sitharaman over alleged defamatory remarks about AAP leader Somnath Bharti's marriage during election campaign

Expedite M&As that pose no competition threat: FM Sitharaman to CCI

Antitrust regulator must balance 'regulatory vigilance with a pro-growth mindset', says Nirmala Sitharaman

CCI to bring new toolkit for curbing cartels in public procurement

The antitrust watchdog has been concerned over private companies taking advantage of lack of such checks in the systems to form cartels while bidding for public procurement tenders

FM Nirmala Sitharaman to meet PSB chiefs on Thursday for annual review

Finance Minister to meet PSB chiefs to assess FY25 performance, inclusion scheme rollout, credit and deposit growth, and digital banking progress

Indo-Pak tensions: PSBs fortified ops in sensitive areas along border

Banks such as Punjab & Sind Bank, Canara Bank, Union Bank of India, and Punjab National Bank have asked their circle heads to stay in their zonal offices

FM asks banks to stay alert, says financial system remains robust

Finance Minister asks banks to ensure uninterrupted banking, cyber vigilance and ATM cash flow amid India-Pakistan tensions; insurers told to speed up claim settlements

AI regulation needs global cooperation, not isolated moves: Sitharaman

Speaking in Milan, Finance Minister Nirmala Sitharaman said a single-country approach to AI regulation risks failure as technology transcends national boundaries

Govt brings draft framework of 'India's Climate Finance Taxonomy'

The finance ministry's draft taxonomy aims to guide climate-aligned investments across power, mobility, buildings, MSMEs and hard-to-abate sectors

Operation Sindoor: India shall never tolerate terrorism, says Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said 'Operation Sindoor' is a strong response by India's armed forces, showing the country shall never tolerate terrorism. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke. The military strikes were conducted under 'Operation Sindoor' two weeks after the Pahalgam attack that killed 26 civilians. In a post on X, Sitharaman said under the leadership of Prime Minister Narendra Modi, India will ensure that every perpetrator of terror is pursued. "#OperationSindoor is a strong response by @adgpi, hitting at the terror hubs in Pakistan. India shall never tolerate terrorism," Sitharaman posted on X. The Minister is currently in Milan, Italy, to attend the annual meeting of the Asian Development Bank.

ITAT body raises concern over high pendency of cases at Delhi Benches

The Bar association claimed that Delhi has the "highest pendency" of cases among ITAT Benches, many involving complex legal issues and high revenue stakes

India-EU FTA our priority, possible by December-end: FM Nirmala Sitharaman

Finance Minister Sitharaman says India is focused on building long-term global supply chain partnerships by leveraging its strategic assets like manpower and technology

No Pakistan-related issues discussed: ADB on meeting with FM Sitharaman

Finance Ministry officials also said that there was no discussion on issues related to Pakistan with ADB President and the Italian Finance Minister

Datanomics: India's investment treaties progress in bits and pieces

Objectives of these agreements are to promote and protect investments through a stable legal environment for investors from both countries

FM Sitharaman meets ADB chief, Italian FM, discusses economic issues

Sitharaman is in Milan to attend the 58th annual meeting of the Asian Development Bank (ADB)