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"nirmala-sitharaman"

  • Finance Bill 2026 tabled in Lok Sabha; corporate laws amendment sent to JPC

    Finance Minister Nirmala Sitharaman tabled the Finance Bill, 2026, in the Lok Sabha, providing legal backing to Budget proposals. The House also referred the Corporate Laws (Amendment) Bill to a Joint Parliamentary Committee amid Opposition concerns over CSR provisions.
  • Govt to launch revamped Stand-Up India scheme soon: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman said the government will soon introduce a revamped Stand-Up India scheme to support SC/ST and women entrepreneurs. The modified scheme will incorporate lessons from the earlier programme that expired on March 31, 2025
  • Govt to relaunch Stand-Up India scheme with wider benefits: Sitharaman

    The government is preparing to relaunch the Stand-Up India scheme with modifications aimed at providing enhanced benefits to SC/ST and women entrepreneurs. Finance Minister Nirmala Sitharaman informed Parliament that lessons from the original scheme, which ended in March 2025, are being incorporated into the new version.
  • Economic Stabilization Fund to help India tackle unexpected crises: Sitharaman

    Finance Minister Nirmala Sitharaman said the proposed Rs 1 lakh crore Economic Stabilization Fund will help India respond to unexpected crises such as global conflicts and supply disruptions. The Lok Sabha approved supplementary demands for grants worth Rs 2.01 lakh crore
  • Rise in global crude prices unlikely to significantly impact India’s inflation for now: Sitharaman

    Finance Minister Nirmala Sitharaman said the recent rise in global crude oil prices is unlikely to significantly impact India’s inflation for now, as consumer inflation remains near the lower bound of the RBI’s tolerance band amid government and monetary policy measures.
  • Cyber criminals using AI deepfake videos to cheat people of crores

    Cyber criminals are increasingly using Artificial Intelligence to carry out sophisticated frauds through deepfake videos, scam calls and phishing attacks. Telangana Cyber Security Bureau officials warn people to verify financial schemes carefully as AI-driven cyber crimes continue to increase.
  • IDFC Bank fraud: No systemic risk here, we’re watching developments, says RBI Governor

    RBI stated there is no systemic risk to the banking system following a Rs 590-crore fraud at IDFC First Bank’s Chandigarh branch. Four officials were suspended; the stock fell sharply amid ongoing investigation
  • India safeguards sensitive sectors in US trade deal; exporters set to gain

    India has safeguarded sensitive agriculture and dairy sectors in the US trade deal, while Washington reduces tariffs on Indian goods from 50% to 18%. Labour-intensive sectors like apparel, footwear, and jewellery are set to benefit, with a joint statement to be issued soon
  • Government to table IBC amendment Bill in March session

    Finance Minister Nirmala Sitharaman said the government plans to introduce the Insolvency and Bankruptcy Code Amendment Bill, 2025 in the second half of the Budget session from March 9, after the parliamentary committee submitted its report
  • CPI, CPI(M) flay Union Budget for neglecting Telangana

    The CPI and CPI(M) State units criticised the Union Budget, alleging that Telangana was ignored in allocations and project sanctions. CPI State Secretary Kunamneni Sambasiva Rao said promises made during the State’s bifurcation were not honoured, and demanded accountability from BJP MPs elected from Telangana.
  • Nirmala Sitharaman announces high-level panel on banking for Viksit Bharat

    Finance Minister Nirmala Sitharaman has announced a high-level committee on banking to support Viksit Bharat goals. The panel will review sector performance, strengthen financial stability and improve efficiency, while reforms for NBFCs and foreign investments are also planned
  • Budget 2026–27: Govt proposes allowing non-residents to invest in Indian stocks

    The government has proposed allowing Indian non-residents to invest in domestic equities through the Portfolio Investment Scheme. Announced in Budget 2026–27, the move aims to boost market liquidity, attract stable inflows and support currency stability.
  • India charts rare earth corridors to break China’s grip on critical minerals

    Finance Minister Nirmala Sitharaman announced the creation of specialised rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu. The initiative aims to boost mining, processing, research, and manufacturing, reducing dependence on imports and strengthening India’s critical minerals capabilities
  • Defence budget pegged at Rs 7.84 lakh cr

    India’s Union Budget 2026-27 allocates Rs 7.84 lakh crore for defence, including Rs 2.19 lakh crore for capital expenditure and Rs 5.53 lakh crore for revenue. Customs duty exemptions on aircraft components aim to boost the defence aerospace sector
  • Totally lacklustre: Congress on Union Budget

    Congress criticised Union Budget 2026-27 as “lacklustre” and “non-transparent,” saying Finance Minister Nirmala Sitharaman’s speech omitted key allocations. While capex rises to Rs 12.2 lakh crore and infrastructure plans were outlined, critics say the budget falls short of expectations
  • FM Sitharaman delivers massive infrastructure push in Union Budget 2026-27

    Finance Minister Nirmala Sitharaman proposed a Rs 12.2 lakh crore infrastructure push in Union Budget 2026-27, focusing on Tier-2/Tier-3 cities, east-west freight corridors, inland waterways, and an Infrastructure Risk Guarantee Fund to boost investment, connectivity, and regional development
  • Sensex crashes over 2,300 points after Budget; Nifty down over 600 points

    Indian markets saw sharp intra-day falls after Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27. Sensex dropped over 2,300 points, Nifty over 600, as investors remained cautious amid limited tax relief and awaited sectoral and fiscal policy announcements 
  • Reforms in financial sector: Panel for Viksit Bharat Vision

    Finance Minister Nirmala Sitharaman proposed a high-level Banking Committee for Viksit Bharat, restructuring key financial institutions, reviewing FEMA rules, promoting corporate and municipal bonds, and easing foreign investment limits to strengthen India’s banking sector and boost ease of doing business
  • New Income Tax Act from April 1 to simplify filings

    The Income Tax Act, 2025, will come into force from April 1, replacing the 1961 law. The revenue-neutral legislation simplifies tax rules, reduces litigation, introduces a single tax-year system, and eases compliance through redesigned return forms.
  • Budget proposes Rs 10,000 crore Bio Pharma Shakti scheme

    The Union Budget 2026–27 proposed a Rs 10,000 crore Bio Pharma Shakti scheme to boost biologics and biosimilars, alongside allied health job creation, caregiver training, healthcare infrastructure expansion and continued reforms to support growth and inclusion.
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