Page 4 - Nirmala Sitharaman

Tech must not be weaponised to thwart global progress: FM Sitharaman

Finance Minister asks fintechs to focus on trust, safety and financial inclusion

Sitharaman launches foreign currency settlement system at GIFT City

We should refrain from weaponising technology: FM Sitharaman at Global Fintech Fest 2025.

Sitharaman launches campaign to return ₹1.84 trn unclaimed financial assets

Most of the locked-up funds are in the form of deposits, insurance, provident fund, and shares, Finance Minister Nirmala Sitharaman said, calling on officials to ensure they reach the rightful owners

India must shape global outcomes, not remain passive spectator: Sitharaman

'Very foundation of the global order is shifting beneath our feet,' says Finance Minister

Private sector sees scope in India as govt maintains capex push: Sitharaman

Finance Minister Nirmala Sitharaman on Friday said India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said the task before nations is not only to manage uncertainty but to confront trade, financial and energy imbalances. "Geopolitical conflicts are intensifying. Sanctions, tariffs, and decoupling strategies are reshaping global supply chains... For India, these dynamics highlight both vulnerability and resilience. Our capacity to absorb shocks is strong, while our economic leverage is evolving. "Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer against uncertainty," Sitharaman said at Kautilya Economic Conclave 2025 here. Addressing the session on 'Seeking Prosperity in Turbulent Times', Sitharaman said wars and strategic rivalries are redrawing the boundaries of cooperation and conflict. "Alliances that once appeared solid are being tested, and new .

FM proposes 'Pension Sakhis' to drive NPS growth, launches new scheme

FM Nirmala Sitharaman proposed training women as Pension Sakhis to boost NPS enrolments and launched the Multiple Scheme Framework giving subscribers greater flexibility

FM to kick off nationwide campaign on unclaimed financial assets on Oct 4

Finance Minister Nirmala Sitharaman will launch a three-month nationwide awareness campaign (October-December 2025) on unclaimed assets in the financial sector, titled 'Apki Poonji, Apka Adhikar (Your Money, Your Right)'. The campaign is to be launched by the Department of Financial Services under the Finance Ministry, in coordination with the Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (Irdai), Securities and Exchange Board of India (Sebi), and the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs. The campaign will be inaugurated by the Finance and Corporate Affairs Minister on October 4 from Gandhinagar, Gujarat, an official statement said. Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to the lack of awareness or outdated account details, it added. During the campaign, the citizens will be

Karur stampede: Nirmala Sitharaman, L Murgan visit injured at hospital

Union Minister Nirmala Sitharaman on Monday reached the site of the September 27 stampede in Karur in Tamil Nadu in which 41 people lost their lives.The Union Minister then visited the Government Medical College Hospital in Karur.Earlier today, she arrived at the Coimbatore International Airport before proceeding to the site of the stampede that took place during a public event of TVK (Tamilaga Vettri Kazhagam) chief and actor Vijay.Sitharaman was accompanied by Minister of State for Information & Broadcasting and Parliamentary Affairs L Murugan.Meanwhile, the Madurai Bench of the Madras High Court will hear later today a case filed by TVK in the stampede.The Tamil Nadu government has today appointed Additional Superintendent of Police (ASP) Premanandan as the new investigating officer to lead the probe into the stampede that occurred during the TVK president's rally.The death toll rose to 41 today, with two more victims succumbing to injuries, while 67 others continue to ...

FM Nirmala Sitharaman to inaugurate Kautilya Economic Conclave on Oct 3

The fourth Kautilya Economic Conclave will open Oct 3 with Finance Minister Nirmala Sitharaman inaugurating the three-day event on prosperity in turbulent global times

FM Sitharaman to inaugurate 4th Kautilya Economic Conclave 2025 on Oct 3

Finance Minister Nirmala Sitharaman will inaugurate the 4th Kautilya Economic Conclave (KEC 2025) with the theme 'Seeking Prosperity in Turbulent Times' here on October 3. External Affairs Minister S Jaishankar will close the proceedings with reflections on India's foreign and economic policy on October 5, the Finance Ministry said in a statement on Saturday. The three-day KEC 2025 promises to be a dynamic forum, combining India's domestic priorities with global perspectives and charting pathways to prosperity in a time of turbulence, it added. Building on its rich experience, KEC has significantly improved its quality and international presence with 75 participants from abroad, representing over 30 countries, to focus on contemporary challenges, it noted. Special luncheon sessions will include a forward-looking session on 'Communications: Emerging Technologies' led by Communications Minister Jyotiraditya Scindia with leading experts on AI and digital infrastructure. The conclave

Efficient administration: GST Appellate Tribunal needs close monitoring

The launch of the GST Appellate Tribunal marks a key reform in India's tax system, but its success will hinge on capacity, efficiency, and fair handling of disputes

India's resilience stands out amid global uncertainty: FM Sitharaman

Finance Minister Nirmala Sitharaman says India's resilience is built on strong fundamentals, reforms and governance, urging banks to maintain robust balance sheets and consumer trust

India's resilience stands out amid global uncertainties: FM Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said India's resilience stands out due to its strong macroeconomic fundamentals amid increasing global uncertainties. Speaking at the 91st Foundation Day function of the Bank of Maharashtra, the Union Finance Minister said the uncertainty in the global environment has increased over the past year, and its impact is being felt across countries. "But amidst all these uncertain global situations, India's resilience stands out and several favourable factors, such as strong macroeconomic fundamentals, a young demography, and greater reliance on domestic demand, provide the core strength to the Indian economy," she noted. Sitharaman said the economic resilience has continued, particularly in the April-June quarter this year, as well, where India's GDP has grown by 7.8 per cent. "This...is not accidental at all," she said, adding that it reflects proactive fiscal and monetary policies, bold structural reforms, massive infrastructure creation

Delhi CM to transfer Ladli scheme honorarium to 40k beneficiaries on Oct 1

The Delhi government will credit honorarium to nearly 40,000 beneficiaries under its Ladli scheme on October 1, an official said on Tuesday. The move is part of the ongoing Seva Pakhwada (service fortnight) to celebrate Prime Minister Narendra Modi's 75th birthday. "The transfers will be made in a single click at an event to be held at Talkatora Stadium, where Chief Minister Rekha Gupta and Union Finance Minister Nirmala Sitharaman are expected to participate," the official said. Earlier this year, the Women and Child Development department initiated a district-wise drive to identify Ladli Yojana beneficiaries who have not claimed their entitled payments. Many children change districts for schooling but do not renew their registration under the scheme, often due to a lack of awareness. Others discontinue their education midway, further complicating the renewal process, according to the department. "To address this, officials overseeing the scheme in Delhi's 11 districts were ...

'GST reform not mere tax change but revolution', says FM Sitharaman

Addressing the gathering, Minister Sitharaman paid tribute to women workers who form the backbone of the matchbox industry

Large ships get infrastructure status in boost to maritime industry

Move seen to ease financing woes of India's nascent shipbuilding industry

Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc

Finance Minister Nirmala Sitharaman asked industry to shed hesitation in investing and expand capacities while partnering with the government to skill youth for faster employment

GST rate cuts impact Centre and states equally, says FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states for potential revenue loss arising from the latest Goods and Services Tax (GST) rate cuts, stressing that the impact will be shared equally and given the devolution of taxes, while the Centre's share will be even smaller. The opposition was putting pressure on the BJP-led central government, seeking compensation of potential revenue loss from GST rationalisation. Speaking at a BJP-organised discussion on GST in Kolkata, Sitharaman said that during the GST Council meeting, several states, particularly those governed by opposition parties, raised concerns over the proposal to reduce rates, and asked what would happen if they led to revenue losses and how that gap could be filled. Sitharaman said that in response, she had explained that there is "no donor-donee relationship" within the GST Council. "If GST is divided 50/50 between the Centre and the states

Govt has met industry needs, now India Inc must expand: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the government has delivered reforms, urges companies to invest, expand production, and partner in skilling youth for India's growth

Prices of premium TV sets to go down 8%: Sony India MD Sunil Nayyar

Festival season demand to grow by 10% and TV prices come down by 7.8%