New Delhi, May 26 (IANS) Kerala Chief Minister V.D. Satheesan will hold his first official meeting with Prime Minister Narendra Modi on Tuesday in New Delhi, marking a politically significant engagement soon after assuming office.This is Satheesan’s first meeting with PM Modi after the United Democratic Front government came to power in Kerala.Though details of the agenda have not been officially disclosed, the discussions are expected to focus on Kerala’s immediate development priorities, cen…
Latest Nirmala Sitharaman News & Updates
Mumbai, May 25 (IANS) Union Finance Minister Nirmala Sitharaman on Monday said that standard products cannot serve non-standard businesses as the minister urged the Small Industries Development Bank of India (SIDBI) to redesign lending models according to the unique business cycles of MSMEs and startups.Addressing an event here, the Finance Minister said SIDBI’s role must expand beyond that of a lender to becoming a market maker and risk-sharing partner for India’s MSME ecosystem.“SIDBI’s …
Mumbai, May 25 (IANS) Finance Minister Nirmala Sitharaman said on Monday that India’s economy continues to show resilience amid global uncertainty, and came out strongly against attempts to paint a “pessimistic and cynical narrative” that presents an inaccurate picture of the country’s growth trajectory.Addressing the SIDBI foundation day event here, FM Sitharaman pushed back against concerns around India’s economic trajectory. “India cannot afford fear mongering that damages public conf…
New Delhi, May 24 (IANS) Union Education Minister Dharmendra Pradhan on Sunday spoke with the Union Finance Minister Nirmala Sitharaman in view of the payment-related issues being faced by students during the Central Board of Secondary Education (CBSE) post-result and re-evaluation process and both agreed to involve State Bank of India (SBI) and three other Public Sector Banks (PSBs) to weed out glitches. During the discussion, it was decided that four PSBs — SBI, Bank of Baroda, Canara Bank an…
New Delhi, May 24 (IANS) In response to widespread technical and payment-related issues faced by students during the CBSE post-result and re-evaluation process, Union Education Minister Dharmendra Pradhan on Sunday held discussions with Union Finance and Corporate Affairs Minister Nirmala Sitharaman to address the concerns and improve the system.Following the meeting, it was decided that four major public sector banks — State Bank of India, Bank of Baroda, Canara Bank and Indian Bank — will ex…
New Delhi, May 24 (IANS) The government on Sunday warned citizens against a fake investment scheme being circulated online in the name of Union Finance Minister Nirmala Sitharaman, which falsely promises monthly earnings of Rs 3 lakh on an initial investment of Rs 22,000.In a post shared on social media platform X, Press Information Bureau’s fact-checking unit clarified that the so-called “Quantum AI” investment platform is fraudulent and has no connection with the Government of India or t…
New Delhi, May 23 (IANS) Assam Chief Minister Himanta Biswa Sarma on Saturday met the Union Finance Minister Nirmala Sitharaman in New Delhi and held extensive discussions on the state’s future growth trajectory, infrastructure expansion, and long-term economic development roadmap. The meeting, held at the official residence of the Union Finance Minister, focused on strengthening Centre-state cooperation and accelerating developmental initiatives aimed at transforming Assam into a major economic…
Bhopal, May 23 (IANS) Raising concern over soaring airfares between India and Gulf countries, Rajya Sabha Congress MP Vivek Tankha has appealed to the Centre to step in with immediate corrective measures, saying the sharp increase in air ticket prices was severely affecting lakhs of Indian families dependent on annual travel to their hometowns. In a letter addressed to the Union Finance Minister Nirmala Sitharaman, External Affairs Minister S. Jaishankar and Civil Aviation Minister Kinjarapu Ram…
Gandhinagar, May 22 (IANS) India’s efforts to position itself as a global financial and investment destination received fresh emphasis during a high-level review of Gujarat International Finance Tec-City (GIFT City), where Union Finance Minister Nirmala Sitharaman noted that the International Financial Services Centre (IFSC) was helping channel international capital flows into the country through globally benchmarked institutional frameworks, regulatory agility and a supportive social ecosyste…
Gandhinagar, May 22 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said India offers a unique blend of scale, technology, talent and growth opportunities through GIFT City, as she chaired a high-level review meeting on the progress of the country’s flagship international financial hub.During the meeting, presentations were made on the progress achieved by GIFT City across sectors including banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasi…