Nirmala Sitharaman News - Latest Updates & Headlines
FM Sitharaman rolls out red carpet for Austrian companies to invest in India
Vienna, April 11: Finance Minister Nirmala Sitharaman on Friday invited Austrian companies to invest in India and highlighted the huge potential for strengthening bilateral economic ties between the two countries in renewable energy, electric vehicles, innovations and startups.
E-mobility, chips and fintech key investment opportunities for Austria: FM Sitharaman
New Delhi, April 11: There are several opportunities for investment and business collaboration between Austria and India, especially in sectors such as e-mobility, semiconductors and fintech, Union Finance Minister Nirmala Sitharaman has stressed.
UK Chancellor, Finance Minister Sitharaman announces USD 400 million in new trade
New Delhi, April 10: UK Chancellor Rachel Reeves and Finance Minister Nirmala Sitharaman announced USD 400 million in new trade and investment deals at the 13th UK-India Economic and Financial Dialogue in London on Thursday.
UK keen to deepen UK-India infra financing partnerships says London Mayor to FM Sitharaman
New Delhi, April 10: In his meeting with finance minister Nirmala Sitharaman, London Mayor Alastair King stated that UK is keen to deepen infrastructure financing in India.
India and UK reaffirm free trade agreement, support supply chains
New Delhi, April 10: Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free Trade Agreement (FTA) and Bilateral Investment Treaty (BIT).
India, UK hold 13th Economic and Financial Dialogue in London
New Delhi, April 9: The 13th Ministerial meeting of the India-UK Economic and Financial Dialogue (13th EFD) was held on Wednesday at London. The Indian delegation, led by Union Minister for Finance and Corporate Affairs Nirmala Sitharaman, held high-level discussions with the UK delegation led by the Chancellor of the Exchequer, Rachel Reeves.
India offers a compelling growth opportunity for foreign banks: FM Sitharaman
New Delhi, April 9: India offers a compelling growth opportunity for foreign banks and the government is actively encouraging foreign investment in the banking sector, Union Finance Minister Nirmala Sitharaman has stressed.
FM Sitharaman urges UK insurer Prudential to invest in India
New Delhi, April 8: Minister for Finance and Corporate Affairs Nirmala Sitharaman met UK insurance giant Prudential PLC's chair Shriti Vadera in London on Tuesday and discussed investments in India, the Finance Ministry said.
Finance minister Sitharaman discusses India's growth, opportunities with Prudential in London
New Delhi, April 8: Finance Minister Nirmala Sitharaman met Chair of insurance and asset management company Prudential, Shriti Vadera, in London, during her ongoing visit to the United Kingdom.
PMMY: FM Sitharaman hails women empowerment, financial inclusion of marginalised sections
New Delhi, April 8: Union Finance Minister Nirmala Sitharaman on Tuesday said it is heartening to note that nearly 68 per cent of the total Pradhan Mantri MUDRA Yojana (PMMY) loan accounts have been sanctioned to women, becoming a tool for empowerment and enabling them to contribute to national economic growth and also inspiring the next generation of female entrepreneurs.
FM Sitharaman to visit London today for key talks on bilateral investment treaty, FTA
New Delhi, April 8: Finance Minister Nirmala Sitharaman will visit London for three days starting Tuesday to engage in high-level discussions on various economic matters, including a proposed free trade agreement (FTA) and a bilateral investment treaty (BIT) with the United Kingdom.
FM Sitharaman to visit UK and Austria to boost financial collaborations, bilateral ties
New Delhi, April 7: Union Finance Minister Nirmala Sitharaman will embark on an official visit to the United Kingdom and Austria from April 8-13, where she is scheduled to attend ministerial-level bilateral meetings, an official statement said on Monday.
Nirmala Sitharaman set for week-long official visit to UK, Austria
New Delhi, April 7: Finance Minister Nirmala Sitharaman will embark on an official visit to the UK and Austria on Monday (today). Her visit will conclude on April 13.
Centre set to surpass FY25 capex target of Rs 10.18 lakh crore
New Delhi, April 6: The government is poised to surpass its revised capital expenditure (capex) target of Rs 10.18 lakh crore for FY25 by a modest margin.
Govt scraps charges on updating nominee details in PPF accounts
New Delhi, April 3: Finance Minister Nirmala Sitharaman announced on Thursday that the government has issued a Gazette Notification to bar financial institutions from levying any charges for modifying or updating nominee details in PPF (Public Provident Fund) accounts.
No fee to be charged for updating nominees for PPF accounts: Finance Ministry
New Delhi April 3: The Union Government on Thursday announced that the financial or banking institutions will not charge any fee for updating nominees for Public Provident Fund or PPF accounts.
Centre gets record dividend of Rs 74,106 crore from PSUs
New Delhi, April 2: The government has received a record Rs 74,016 crore as dividends from Central public sector enterprises in financial year 2024-25 which is 16 per cent higher than the corresponding figure of Rs 63,749.3 crore in 2023-24, according to the latest data compiled by the Department of Investment and Public Asset Management.
GST Council seeks revenue growth without public burden: Finance Minister
New Delhi, April 1: Finance Minister Nirmala Sitharaman emphasized on Tuesday that financial matters of the country and states should remain above politics.
'NITI NCAER States Economic Forum' portal to boost research on public finances launched
New Delhi, April 1: Union Finance Minister Nirmala Sitharaman on Tuesday launched the “NITI NCAER States Economic Forum” portal, that will help states make more meaningful interventions, raising revenues, managing debts and learning from peer experiences.
FM Sitharaman to visit London next week for talks to bolster India-UK economic ties
New Delhi, March 31: Finance Minister Nirmala Sitharaman is scheduled to visit London next week, from April 8-10, where she will discuss issues related to bilateral trade and investment, and hold talks under the India-United Kingdom Economic and Financial Dialogue.
FM Sitharaman to launch a portal having repository of social, economic, research data on Tuesday
New Delhi, March 31: NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER), has developed a portal which is a comprehensive repository of data on social, economic and fiscal parameters, research reports, papers, and expert commentary on State Finances for a period of about 30 years (1990-91 to 2022-23).
Kiren Rijiju, Nirmala Sitharaman welcome Kerala Bishop's support to amend unjust provisions of Waqf Act
New Delhi, March 31: After the Kerala Catholic Bishops Council (KCBC) supported the Waqf Amendment Bill proposed by the centre, Union Parliamentary Affairs Minister Kiren Rijiju asserted that the proposed bill was not against any community while calling out the "propaganda" being spread around it.
FM Sitharaman to launch States Economic Forum portal
New Delhi, March 31: Finance Minister Nirmala Sitharaman will launch the 'NITI NCAER States Economic Forum' portal on Tuesday.
Explained: Key I-T rule changes for salaried employees from April 1
New Delhi, March 30: As the new financial year begins on April 1, several changes in income tax rules will come into effect.
Centre's transfer of tax share to states shoots past Rs 11.8 lakh crore in April-Feb
New Delhi, March 28: The Centre has transferred Rs 11,80,532 crore transferred to the state governments as devolution of share of taxes by the government of India in the 11 months of the current financial year up to February 2025, which is Rs 1,47,099 crore higher than the previous fiscal year (2023-24), according to figures released by the Finance Ministry on Friday.
Customs duty cuts, levy withdrawals an ongoing process, not linked to global events: FM Sitharaman
New Delhi, March 28: Finance Minister Nirmala Sitharaman on Thursday said the ongoing process of rationalizing customs duties and withdrawing the 6 per cent equalization levy, which began in 2023, is independent of any global events and will continue.
Parliament approves Finance Bill, Sitharaman says validation rules do not change existing pensions
New DelhI, March 27: Parliament on Thursday approved the Finance Bill, 2025, with Rajya Sabha returning it to Lok Sabha, which had passed the legislation on March 25.
Mainstream media at this point nothing but miscommunication arm of ruling party: Kunal Kamra
New Delhi, March 27: Stand-up comedian Kunal Kamra on Thursday lambasted the mainstream media, accusing it of serving as a mouthpiece for the ruling party.
FM Sitharaman discusses strengthening India-US business ties with US Chamber of Commerce CEO
New Delhi, March 27: Union Finance Minister Nirmala Sitharaman on Thursday met US Chamber of Commerce President and CEO Suzanne Clark to discuss the growing business ties between India and the United States.
Loan waiver scheme: Rama Rao thanks FM Sitharaman for taking up Telangana farmers' cause
Hyderabad, March 27: Bharat Rashtra Samithi (BRS) Working President, K.T. Rama Rao, on Thursday thanked Finance Minister Nirmala Sitharaman for highlighting the plight of farmers in Telangana over the loan waiver scheme.
BRS' KT Rama Rao thanks Finance Minister for raising Telangana farmers issue in Rajya Sabha
Hyderabad, March 27: Finance Minister Nirmala Sitharaman's criticism of the Congress Government's loan waiver scheme in Telangana has dranw praise from Bharat Rashtra Samiti (BRS) Working President and former Telangana minister K T Rama Rao. The BRS leader thanked Finance minister Nirmala Sitharaman for highlighting the farmer issue in Telangana.
Will help people...: Nirmala Sitharaman's humorous take on AAP's Raghav Chadha raising conditions of banks
New Delhi, March 27: Union Finance Minister Nirmala Sitharaman on Wednesday, had a humorous response to Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha for raising the issue of the conditions of banks in Parliament.
This particular Banking Laws bill is unique, says FM Sitharaman as Parliament approves it
New Delhi, March 26: Parliament on Wednesday approved the Banking Laws (Amendment) Bill, which will bring major changes in banking regulations in the country.
Praveen Khandelwal urges Centre to exempt small merchants, consumers from paying Merchant Discount Rate
New Delhi, March 26: Praveen Khandelwal, the BJP MP from Delhi and National Secretary General of the Confederation of All India Traders (CAIT), has urged the central government to exempt small merchants and consumers from paying Merchant Discount Rate (MDR) on digital transactions.
Special drive led to declaration of foreign assets, income of Rs 30,300 crore: FM Sitharaman
New Delhi, March 26: Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led to the declaration of foreign assets and income to the tune of Rs 30, 300 crore after over 30,000 taxpayers revised their income tax returns or filed belated returns for 2024-25.
Parliament Budget Session: Sitharaman to move Banking Laws Amendment Bill in RS, Shah to push Tribhuvan Sahkari University Bill
New Delhi, March 25: The Budget Session of Parliament will resume on Wednesday with key bills such as The Banking Laws (Amendment) Bill 2024, the Protection of Interests in Aircraft Objects Bill, 2025 set to be moved in Rajya Sabha while Union Home Minister Amit Shah will move The "Tribhuvan" Sahkari University Bill, 2025 in the Lok Sabha.
Budget aims to do reforms to build Viksit Bharat by 2047, says FM Niramala Sitharaman
New Delhi, March 25: Finance Minister Nirmala Sitharaman, on Tuesday, underscored the Union government's commitment to providing tax certainty and streamlining business regulations as part of the broader vision to build a Viksit Bharat by 2047.
New Income Tax Bill to be taken up for discussion in monsoon session: FM Sitharaman
New Delhi, March 25: Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament.
Lok Sabha adjourned for the day; Finance Bill and Boilers Bill passed, ONOE JPC's tenure extended
New Delhi, March 25: The Finance Bill 2025 was passed, and the tenure of the Joint Parliamentary committee on One Nation One Election was extended in the Lok Sabha on Tuesday, as the lower house was adjourned for the day and will meet again on Wednesday at 11 am.
Lok Sabha passes Finance Bill, 2025
New Delhi, March 25: The Lok Sabha passed the Finance Bill 2025 on Tuesday, with Finance Minister Nirmala Sitharaman stating that the government has sought to do several things in the legislation as per the aspirations and expectations of people and the goal of making India a developed country by 20247.