Page 18 - Nirmala Sitharaman

Need to put India’s interests first amid global reset: FM Nirmala Sitharaman at BS Manthan 2025

Finance Minister Nirmala Sitharaman speaks to Business Standard's AK Bhattacharya, at BS Manthan 2025 on India's role in global order reset.

BS Manthan: A thought-provoking day-1 of insights on economy, policies

Experts discuss India's growth, global trade shifts, climate action, EVs, defence, and more

Manthan Day 1 Highlights: Against all odds, India is moving ahead with growth, says FM Sitharaman

Business Standard Manthan updates: Catch all the latest developments from the summit here

Stock Market Highlights: Sensex ends flat at 74,612; NBFCs shine while Smallcaps, wire-makers tank

Stock Market Highlights: The Nifty moved in a narrow band of 100-odd points before settling marginally in red at 22,545. Bajaj twins and Shriram Finance gained, while UltraTech plunged 5% on Thursday.

Global order won't be determined by developed nations: FM Sitharaman

Finance Minister Nirmala Sitharaman spoke on the theme 'The Great Reset: India in a New World Order' at BS Manthan

BS annual summit 'Manthan' kicks off today; many renowned voices to attend

The two-day event, coinciding with Business Standard's 50th anniversary year, will bring together some of the most influential voices in government, policy, and industry

40,000 taxpayers under lens for deductions, CBDT targets TDS defaulters

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, instances involving frequent revisions to deductee details

Principal Secretary to PM PK Mishra to speak at BS Manthan's second edition

The annual Business Standard summit on February 27-28 will feature prominent speakers, including Finance Minister Nirmala Sitharaman and Uday Kotak, founder & director of Kotak Mahindra Bank

BS Manthan: FM Nirmala Sitharaman to speak on India in the new world order

BS Manthan 2025: Business Standard's flagship thought leadership summit returns on February 27-28, themed 'India and the Great Reset'

BS Manthan: Top leaders to discuss India's global position on Feb 27-28

FM Sitharaman, Piyush Goyal, Ashwini Vaishnaw, Bhupender Yadav among those who will discuss India's position in a new world order at the second edition of Business Standard Manthan

Govt reviewing infra of hospitals for setting up daycare cancer centres

The government has started a survey to identify the gaps and review infrastructure of all district hospitals in order to implement the budget announcement of setting up daycare cancer centres in all health facilities over the next three years. The estimated expenditure for setting up these centres will be Rs 3,200 crore over the next three years, Union Health ministry officials said. Finance Minister Nirmala Sitharaman said in her budget speech that the government will facilitate setting up of daycare cancer centres in all district hospitals over the next three years and 200 of these will be established in 2025-26. "This will lead to an increase in access to quality cancer care for more people especially in rural areas. Also this will reduce the burden on tertiary care centres, allowing them to focus on more complex cases, by offering such services at district level," she said. A senior official said these will be four-six bedded centres and will focus on providing chemotherapy ...

India leading in AI adoption, shaping how it's governed, says FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said India was not just leading in the adoption of artificial intelligence, but also shaping how AI is governed. Speaking at the 6th convocation of the Indian Institute of Information Technology (IIIT) Kottayam, Sitharaman said that India was not just ready for AI, but the demand for AI-driven solutions was also high in the country. She said this was evident from the fact that the country recorded 3 billion AI-related app downloads in 2024, while the US and China had only 1.5 billion and 1.3 billion downloads, respectively. The Finance Minister also said that India being made the co-chair at the recent AI Action Summit in Paris was a recognition of the country's global position in the sector. She noted that at the summit, Prime Minister Narendra Modi had emphasised that AI was not just a matter of national significance but a global responsibility. "What he (Modi) said gives us a very big messageuse AI, but use it responsibly. D

NPPA directs pharma firms to update MRP after Budget 2025 duty exemptions

The National Pharmaceutical Pricing Authority directs pharma firms to revise the MRP of medicines following customs duty exemptions in Union Budget 2025, ensuring consumers benefit from lower prices

Former UK premier Rishi Sunak meets PM Modi, FM Sitharaman in Delhi

Former Prime Minister Rishi Sunak on Tuesday met Finance Minister Nirmala Sitharaman and both leaders discussed potential new avenues to strengthen market-based financial ties and drive economic growth. "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman met with Mr. @RishiSunak, United Kingdom's ex-PM and Member of Parliament, in New Delhi, today," the finance ministry said in a post on X. Both leaders discussed potential new avenues to strengthen market-based financial ties and drive economic growth, it said. "FM Smt. @nsitharaman stressed on the importance of leveraging the Commonwealth for bringing issues of mutual interest on the #G7 agenda for the benefit of the #GlobalSouth," it said.

Kharge slams Modi govt, calls Sitharaman's 'good returns' claim ironic

Congress president Mallikarjun Kharge on Tuesday termed as ironical the claim of Finance Minister Nirmala Sitharaman that the Indian economy is giving good returns, and said a "visionless" Modi government has tanked the economy and ruined the lives of Indians. "Nothing can be more ironical than Modi Sarkar's FM saying that our Economy is delivering 'Good Returns', he said in a post on X. Kharge said Rs 45 lakh crore has been wiped out from the Indian stock markets so far in 2025 and Nifty 50 firms have shown the worst quarterly profit growth in five years. "Foreign Investors have sold over Rs 1.56 lakh crore of stocks since October last year, including nearly Rs 1 lakh crore in 2025 itself, which has led to wiping out wealth of small and medium investors," the Congress chief said. "Rupee at 87, means Trade Deficit is sky-high. Imports have risen by 62.21 percent in the last 5 years. The Modi Government's Trade policy is disastrous for India," he said. Drawing a comparison, Kharge

Govt, RBI working together to control inflation and drive growth: FM

Union Finance Minister Nirmala Sitharaman on Monday said the government and Reserve Bank are working in "sync" to control inflation and in turn boost growth. Speaking to reporters here, the finance minister said inflation cooled to nearly 4 per cent, and attributed this outcome as a factor which helped the Reserve Bank cut interest rates first time in over four years when it slashed the repo rate by 25 basis point this month. "Inflation-related management of supplies and also the monetary policy is working in sync in order to favour the growth cycle," the FM said. She said that inflation management also includes work on aspects relating to imported inflation. Meanwhile, Sitharaman handed over keys to homebuyers from select projects in the Mumbai Metropolitan Region (MMR), whose long-stressed residential projects have been completed under the "Special Window for Affordable and Mid-Income Housing (SWAMIH I) Investment Fund". The milestone marks the completion of 50,000 homes, as per

India delivering 'good returns': FM Nirmala Sitharaman on FII selloff

We are building to be an investor-friendly country, says FM

SWAMIH touches 50,000 mark as FM Sitharaman hands over keys to homebuyers

The primary objective for establishing 'Special Window' fund is to provide priority debt financing for completion of stalled housing projects that are in Affordable and Middle Income Housing sector

Sam Pitroda, New Delhi railway station stampede, Nirmala Sitharaman & more

Meanwhile, Indian Railways has announced shutting down the Prayagraj Sangam Station from 17th to 28th February due to Mahakumbh’s massive rush.

Profit booking leading FIIs to sell Indian equities: FM Sitharaman

Seeking to assuage concerns over foreign institutional investors (FII) selling Indian equities lately, Finance Minister Nirmala Sitharaman on Monday attributed the action to profit booking. Speaking to reporters in the financial capital, Sitharaman said the Indian economy is one where the investors are bagging better returns which leads to profit booking. "FIIs also go out when they are able to or in a position to book profits. Indian market today, Indian economy today, has an environment in which investments are also yielding good returns and profit booking is also happening," she said. It can be noted that FIIs have sold over Rs 1.56 lakh crore of stocks since October last year, including nearly Rs 1 lakh crore in 2025 itself, which has led to a sharp correction on the indices and wiping out investor wealth. Finance Secretary Tuhin Kanta Pandey said FIIs are not moving from one emerging market to other, and added that in times of global uncertainties like the one being witnessed