Page 25 - Nirmala Sitharaman

Best of BS Opinion: India needs to recalibrate in a changing world order

Today's editorials and columns look at the world through the lens of relationships, and how they don't always turn out as intended

Sitharaman urges civil accounts officers to simplify Govt's annual accounts

Finance Minister Nirmala Sitharaman on Saturday asked civil accounts services officials to work towards making the government's annual accounts more approachable and user-friendly. Addressing the 49th Civil Accounts Day event here, Sitharaman lauded the Indian Civil Accounts Service (ICAS) officers, led by the Controller General of Accounts (CGA) for the "silent technological revolution" in which states are finding a lot more ease of operation and ease of getting their government business done by adopting the public financial management system (PFMS). "I would also like you to examine, in consultation with the CAG, whether it would be possible to make the annual accounts more approachable and user-friendly and allow citizens to analyse easily and generate customisable and simpler reports," Sitharaman said. She said that since a lot of digital integration has already taken place with the states, more research can be carried out based on the data set available with the CGA. "If you're

BS Manthan highlights: US protective of its top dog status, it feels beleaguered, says Suman Bery

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

India Inc best judge, but govt would like speedier pvt investment: FM

Holding that global trade is going to be completely reset, Sitharaman said India has to ramp up bilateral relationships with friendly countries

Economic matters should transcend political divides: Nirmala Sitharaman

BS Manthan: Union Finance Minister Nirmala Sitharaman described the ongoing global turbulence as a "splashing" of forces, urging India to actively participate rather than remain a bystander

BS Manthan: Bilateralism now topping the agenda, says FM Sitharaman

The global churn and India's reset played out on day one of BS thought summit, with the who's who from government, economy, banking, defence coming together

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.