It is investors' responsibility to understand the associated risks, said Sitharaman at SBI Conclave 2025
Regulations too must evolve ensuring that the fintech revolution remains secure, responsible and sustainable for the long run, Sitharaman said
While inaugurating the fourth edition of the Kautilya Economic Conclave, the Finance Minister emphasised that India needs to achieve 8% GDP growth to realise its vision of a ‘Viksit Bharat.’
Speaking at the IFQM Symposium on September 18, FM Sitharaman, during a conversation with Tata Sons' N Chandrasekaran, listed out three areas where the government would like industry to focus, namely investment, skilling, and feedback.
Rupee is volatile only against the dollar, and many countries are experiencing this, says Sitharaman
The Centre has prepared a support package worth Rs 25,000 crore under the Export Promotion Mission, to provide affordable credit, improve market access and cushion from the adverse impact of tariffs.
'India emphasises the importance of a comprehensive, equitable, and development-oriented global financing framework—one that respects country circumstances, preserves policy space, and delivers on the promise of sustainable development for all,' FM said.
In a viral post, a company director claimed he would be 'compelled to commit a crime' by offering a bribe in order to obtain a GST registration number
The state is currently under the President's Rule
Speaking at the launch of Platinum Jubilee celebrations of Foundation Day of State Bank of India (SBI), the minister also said SBI has continuously evolved to meet the changing landscape and retained its position as a market leader despite regulatory tightening.
The committee will submit its report by the first day of the next session, FM Sitharaman said, adding that the Speaker shall decide on the composition and rules of the proposed panel.
Finance Minister Nirmala Sitharaman presented the Budget in parliament on February 1. Along with a slew of changes, she announced a rehaul of the existing tax slabs under the new tax regime, effectively hiking the tax rebate limit to Rs 12.75 lakh.
The seats are being added with the aim to take the number to 75,000 over the next five years
Finance Minister Nirmala Sitharaman, while presenting Union Budget 2025, announced a new scheme of providing broadband connectivity to all government secondary schools and health centres.
The Halwa ceremony marks the beginning of the 'lock-in' period during which all officials and staff directly involved in the budget preparation stay within the ministry premises till it is is tabled in Parliament
The government’s continuous efforts to increase personal tax revenue have led to income tax collections from individuals rising from approximately ₹7 lakh crores two years ago to around ₹10.35 lakh crores last year, with a projected increase to ₹13 lakh crores for FY25. Now is the time to reduce income taxes
The Union Budget 2025-26 will mark the second budget of the Modi government’s third term and the eighth consecutive budget by Sitharaman
The finance minister's comments come at a time when India’s GDP growth slumped more than expected to a seven-quarter low of 5.4 percent for the second quarter of FY25 compared with 6.7 percent in the first quarter.
The minister’s reply to the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha digressed to the language issue when some Opposition members tried to corner Sitharaman over her Hindi.
Finance Minister Nirmala Sitharaman called for more affordable borrowing costs to support industrial growth, addressed inflation concerns driven by perishable commodities, and emphasized the need for ethical banking practices and robust MSME lending.
Sitharaman spoke at the 11th SBI Banking & Economics Conclave 2024 in Mumbai
Reacting to US President-elect Donald Trump's recent comments about India being a "tariff abuser", India's Finance Minister Nirmala Sitharaman said that the country is open to lifting duties on certain goods provided it does not hurt local manufacturing capacities given that domestic industries also have to be protected.
The minister also highlighted the importance of continually incorporating finance plus and budget plus elements in AIIB’s project design and implementation
Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the same time sounded a note of caution that economies are not really picking up that much yet.
The finance minister also met with BlackRock CEO Laurence Douglas Fink, where they discussed opportunities for global investors through the NIIF and IFSC GiftCity, as well as financing opportunities for GreenTech and battery storage.