New Delhi, Feb 3 (IANS) The India-US trade deal will further expand and deepen trade between two of the largest economies of the world, Union Revenue Secretary Arvind Shrivastava said on Tuesday.In a statement, Shrivastava said the deal will create more opportunities for our labour-intensive and manufacturing sectors in the US market and give impetus to mutually-beneficial collaboration in high and advanced technology sectors.In a historic move, the US has announced a reduction in tariffs on Ind…
Latest M. Nagaraju News & Updates
New Delhi, Feb 3 (IANS) Senior government officials on Tuesday welcomed the India-US trade deal, saying it has reduced uncertainty in the global economic environment and brought relief to Indian industry.Speaking at FICCI’s conference on Union Budget 2026–27, Secretary of the Department of Economic Affairs Anuradha Thakur said a ‘great deal of uncertainty’ was removed after the trade agreement was announced between India and the United States.“Despite growing geopolitical challenges ac…
New Delhi, Jan 29 (IANS) Nirmala Sitharaman is the first woman to present the Union Budget for the ninth consecutive time, making history in the country’s Parliamentary history, Prime Minister Narendra Modi said on Thursday.Addressing the 2026 Budget Session in Parliament, PM Modi said that one-fourth of the 21st century has gone by. “This is the beginning of the next quarter. To attain the goal of Viksit Bharat in 2047, the important phase of these 25 years has begun. The first Budget of this…
Mumbai, Jan 19 (IANS) Underscoring the vision of ‘Insurance for All by 2047’ as roadmap for inclusive insurance growth, M. Nagaraju, Secretary, Department of Financial Services (DFS), said on Monday that the Indian insurance sector, an integral part of the financial system, plays a significant role in the economy by providing protection against mortality, property and casualty risks, encouraging savings, and providing long-term funds for infrastructure development and other long-gestation pr…
Mumbai, Jan 17 (IANS) The Secretary of the Department of Financial Services (DFS), M. Nagaraju, on Saturday said that LIC has transformed into a tech-enabled and capital-efficient financial powerhouse, remaining one of the most trusted brands in Indian households. Speaking at LIC’s Strategy Meet here, the Secretary highlighted the company’s historic transformation from a traditional brick-and-mortar insurer into a digitally driven, value-focused organisation.“LIC has transformed into a tec…
New Delhi, Jan 13 (IANS) The Centre said on Tuesday that the Department of Financial Services (DFS) with Public Sector Banks (PSBs) will unveil the Composite Salary Account Package for Central government employees on January 14.The initiative offers Central Government employees a unified account combining banking and insurance benefits, designed with banks to ensure broad coverage, consistency, and convenience for all cadres (Groups A, B, and C).“The Department of Financial Services with Publi…
New Delhi, Jan 2 (IANS) An Inter-Departmental Committee, headed by the Union Secretary, Financial Services, M. Nagaraju, met here on Friday to consider the proposals of foreign banks wanting to set up branches in India.The meeting was attended by officials of the member ministries, including Home Affairs and External Affairs, as well as the Department of Commerce and the Reserve Bank of India (RBI).The meeting was convened to consider proposals received from the RBI in respect of foreign banks k…