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"nirmala-sitharaman"

  • Higher tax appeal limits cut disputed demand by Rs 16,690 crore

    The increase in monetary limits for filing departmental tax appeals has reduced disputed tax demand by an estimated Rs 16,690 crore, Parliament was informed. The government also highlighted several reforms introduced over the past 12 years to simplify tax compliance and improve taxpayer services
  • Govt introduces Bill to replace 1891 law, recognise digital bank records as court evidence

    The government introduced the Bankers' Books Evidence Bill, 2026, in the Lok Sabha to replace the 1891 law, recognising digital and virtual banking records as admissible evidence, expanding the definition of bankers' books, and modernising the legal framework for technology-driven banking
  • PM Modi chairs high-level meeting to review West Asia crisis impact on India’s energy security

    Prime Minister Narendra Modi chaired a high-level meeting with senior ministers and officials to review the impact of the West Asia crisis on India’s energy supplies, trade and economy. The government discussed measures to ensure fuel availability and protect key sectors
  • Finance Minister receives Rs 12,207 crore LIC dividend for FY 2025-26

    Finance Minister Nirmala Sitharaman received dividend cheques from LIC, Union Bank of India and New India Assurance for FY 2025-26. The Finance Ministry also highlighted the strong financial performance of public sector banks, including record profits, improved asset quality and historically low NPAs
  • Nirmala Sitharaman asks Income Tax officials to serve citizens better

    Union Finance Minister Nirmala Sitharaman urged Income Tax officials to improve public service, avoid making citizens run from pillar to post and uphold integrity. She also criticised delays, highlighted encroachments on government land and promised to address infrastructure and accommodation issues
  • She is a fool: Sanjay Raut attacks Nirmala Sitharaman over student paper leak comments

    Shiv Sena (UBT) leader Sanjay Raut criticized Union Finance Minister Nirmala Sitharaman over her comments on exam paper leaks, calling her remark insensitive. Raut also urged RSS chief Mohan Bhagwat to demand Education Minister Dharmendra Pradhan's resignation
  • Government is now an enabler of enterprise, not a controller, says FM Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman stated that government reforms have transformed India into a global hub for innovation. Addressing the YiFi Entrepreneurship Summit 2026, she urged young entrepreneurs to leverage sunrise sectors, stable policies, and digital infrastructure to build generational businesses
  • FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive

    Finance Minister Nirmala Sitharaman will review public sector banks' progress in mobilising foreign currency deposits on Monday following RBI incentives. The meeting will also assess overseas borrowings, encourage ECB fundraising, and discuss boosting credit flow to productive sectors amid declining foreign capital inflows
  • Kerala CM urges MPs to seek higher borrowing limit from centre

    Kerala Chief Minister V D Satheesan urged MPs to press the Centre to raise the state's borrowing limit from 3.5 to 4.5 per cent. The demand, discussed ahead of Parliament's monsoon session, sparked criticism from the Opposition over the government's changed stance
  • Sitharaman welcomes AustralianSuper’s AU dollar 500 million investment in NIIF

    Finance Minister Nirmala Sitharaman welcomed AustralianSuper's additional AU$500 million investment in the National Investment and Infrastructure Fund, calling it a vote of confidence in India's growth. The announcement coincided with Prime Minister Narendra Modi's Australia visit and broader energy and investment cooperation
  • Hyderabad doctor loses Rs 86 lakh in investment scam using Nirmala Sitharaman’s name

    A 76-year-old doctor from Meerpet lost Rs 86.44 lakh in an online investment scam after fraudsters allegedly used Union Finance Minister Nirmala Sitharaman's name to gain his trust. Hyderabad Cybercrime Police have registered a case and launched an investigation.
  • India managed West Asia crisis, remains fastest-growing major economy: Sitharaman

    Finance Minister Nirmala Sitharaman said India successfully managed the economic impact of the West Asia crisis through prudent resource management, strong domestic consumption and trade agreements, enabling it to remain the world's fastest-growing major economy while strengthening strategic cooperation with France
  • Bank of Baroda presents Rs 2,811 crore dividend cheque to Nirmala Sitharaman

    Bank of Baroda presented a dividend cheque of Rs 2,811 crore to Union Finance Minister Nirmala Sitharaman for FY2025-26. The bank reported a record standalone net profit of Rs 20,021 crore and crossed Rs 30 lakh crore in global business.
  • Kerala to get one of India’s first university townships: Rajeev Chandrasekhar

    Rajeev Chandrasekhar announced that Thiruvananthapuram will host one of India's first university townships, aiming to boost innovation, research and high-skilled jobs by integrating universities, startups, industries and the Vizhinjam Port
  • FM Sitharaman to launch heritage book in TN, inaugurate restored lighthouse in Puducherry

    Union Finance Minister Nirmala Sitharaman has started a two-day tour of Tamil Nadu and Puducherry. Her itinerary focuses on public outreach, highlighting women's empowerment through a book launch in Kanchipuram, alongside inaugurating key heritage and water restoration projects
  • Govt working to boost foreign investment inflows, says Sitharaman

    Finance Minister Nirmala Sitharaman said the government will introduce additional measures to attract foreign capital, noting bond market reforms are only the beginning. She highlighted RBI steps, global uncertainties, and India’s need to strengthen foreign exchange reserves amid rising external risks
  • Don’t take India’s growth story for granted, Nirmala Sitharaman cautions

    Finance Minister Nirmala Sitharaman said India has performed well economically but warned against complacency. Speaking at the Mindmine Summit 2026, she stressed the need for continuous reforms, innovation and institutional strengthening while highlighting concerns over a potentially weak monsoon.
  • India fastest-growing economy, no crisis ahead: Sitharaman

    Finance Minister Nirmala Sitharaman accused Rahul Gandhi of consistently portraying India negatively and ignoring its economic progress. Highlighting growth, poverty reduction, welfare schemes and digital infrastructure, she said India remains resilient despite global challenges and continues advancing towards Viksit Bharat 2047
  • Govt pledges ‘reform express’ to sustain economic growth: Sitharaman

    Finance Minister Nirmala Sitharaman said the government will continue economic reforms through the “Reform Express” to sustain growth amid global headwinds. The RBI lowered FY27 GDP forecast to 6.6%, while new tax exemptions aim to attract foreign capital
  • Govt gave up Rs 1 lakh crore in excise revenue to curb fuel inflation: FM

    Finance Minister Nirmala Sitharaman said the government sacrificed over Rs 1 lakh crore annually through fuel excise cuts to cushion consumers from inflation, while defending recent petrol and diesel price hikes as market-driven revisions caused by surging global crude oil prices amid the West Asia conflict
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