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The Latest Breaking News from Nirmala Sitharaman

Chamber urges Niramala Sitharaman to ensure early completion of projects in A.P.

Finance Minister Nirmala Sitharaman responded favourably to the appeals of AP Chamber of Commerce & Industry Federation for key projects in the State. Issues such as air connectivity, Vande Bharat sleeper trains, food processing sector, GST on naturally dried chillies, Oil Palm Board, bulk drug park, TCS on overseas travel…

The Hindu

India needs tenfold growth to become a developed nation by 2047, says Union Finance Minister Nirmala Sitharaman

India aspires to become a developed nation by 2047 and it needs a tenfold growth when compared to now to achieve the goal, Union Finance Minister Nirmala Sitharaman has said.

The Hindu

NL Interview: Ex-finance secy on policies, govt’s misadventures, ‘feisty’ Sitharaman

Former bureaucrat Subhash Chandra Garg’s new book We Also Make Policy unpacks the behind-the-scenes of India’s finance ministry — from policy matters to the ministers’ temperaments and even Garg’s equation with them.

Newslaundry

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Sitharaman pitches for strong, quota-based and adequately resourced IMF

FM Smt. @nsitharaman calls for strong, quota-based IMF at centre of global financial safety net. 16th GRQ to provide greater say to developing economies. FM highlights importance of Global Sovereign Debt Roundtable & reforms in IMF policy. Coordinated response to foster multilateralism & 'Vasudhaiva Kutumbakam'.

The Hindu

GST Council raises upper age limit of president and members of Appellate Tribunals

GST Council raised the maximum age limit for president & members of Appellate Tribunals to 70 & 67 respectively. Minimum age of appointment is now 50 & must have 10 years experience.

The Hindu

Political stability, policy consistency needed to ensure Indian economy’s growth to world’s third-largest: FM

Ms. Sitharaman pushes back against critics who are treating India’s growth as a ‘fait accompli’

The Hindu

Defence incubation centre in Coimbatore signs agreement with SIDBI

CODISSIA Defence Innovation and Atal Incubation Centre (CDIIC) has signed an agreement with Small Industries Development Bank of India (SIDBI) to get funding for startups incubated at its Coimbatore facility. SIDBI has allocated ₹2 crores and will invest up to 10% of company's value for startups recommended by CDIIC. Union…

The Hindu

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Here are the big stories from Tamil Nadu today

TN pol. leaders demand caste survey; part-time teachers' strike enters 9th day; TN Private Schools Parent Teacher Association urges CM to meet protesting teachers; AIADMK MLAs meet FM Nirmala Sitharaman to submit memorandum on coconut farmers' issues.

The Hindu

AIADMK MLAs meet Union Finance Minister Nirmala Sitharaman in Coimbatore

.Three MLAs from AIADMK met Union Finance Minister Nirmala Sitharaman in Coimbatore on Oct 3, 2023. They shared dais with her at Credit Outreach Programme & submitted a memorandum on coconut farmers' issues. No political discussion took place. MLAs invited as per protocol.

The Hindu

Union Finance Minister Nirmala Sitharaman kickstarts Coimbatore visit with cleanliness drive

Finance Minister Nirmala Sitharaman participated in a cleanliness drive in Coimbatore, organised by Canara Bank and IOB, under the Swachh Bharat campaign. She interacted with bank staff and sanitation workers, and presented cheques of ₹10 lakh and ₹5 lakh to the Coimbatore Corporation. She concluded the day by speaking to…

The Hindu

Cauvery issue: Farmers attempt to gherao Minister in Mysuru

Farmers' activists arrested in Mysuru for trying to gherao Minister over Cauvery dispute. Farmers' leader Kurubur Shanthakumar demands Karnataka govt. not accept any direction to release water to TN until distress formula worked out. He urges govt. to file review petition & stop release of water to TN. He calls…

The Hindu

Rajya Sabha clears women’s reservation bill unanimously

Constitution (128th Amendment) Bill, or the Nari Shakti Vandan Adhiniyam, and its six clauses were passed with all 214 members present in the Upper House voting in favour of them.

The Hindu

PM using Women’s Reservation Bill to grab airtime: Congress

Congress chief Kharge’s stance is politically significant as some regional parties, who are part of the INDIA, opposed the Women’s Reservation Bill on the ground that it lacked a quota within a quota.

The Hindu

As Parliament moves to new premises, PM calls for a fresh chapter free of bitter partisanship

PM Modi called on MPs to forget all past bitterness and start a new chapter. He asserted that whatever they are going to do in the new complex should be an inspiration for every citizen of the country.

The Hindu

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The Hindu

Finance Minister Nirmala Sitharaman celebrates artisans' contribution to India's economy

Nirmala Sitharaman highlighted artsan’s profound impact on the nation’s history and economy.

The Hindu

A Minister does not have authority to speak about eradicating a religion: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stresses on responsible speech from Ministers, emphasizing Santana Dharma's peaceful response to provocation. She also urges CAs to alert authorities on tax evasion and highlights govt's digital infrastructure progress. Urges professionals to help make India a developed nation in the next 25 years.

The Independent UK

Jeremy Hunt says ‘difficult to imagine’ UK could offer any more India visas to secure post-Brexit trade deal

Free trade agreement could be signed before end of year but ‘next few weeks’ will be crucial, says chancellor during visit to Delhi

The Hindu

Nirmala Sitharaman meets Chinese counterpart Liu Kun; discusses G-20 related issues

The meeting between Finance Minister Nirmala Sitharaman and her Chinese counterpart Liu Kun was held on the sidelines of the last day of the G-20 Leadership Summit in New Delhi.

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The Hindu

India's external debt-service ratio at 5.3% within comfort zone, says Finance Minister

India’s external debt at $624.7 billion as of March-end 2023 is marginally higher by 0.9% or $5.6 billion over the previous year

The Hindu

G-20 Summit 2023 | Resuming Black Sea grain trade will cool global food inflation: Finance Minister Sitharaman

The G-20 leaders’ recommendation to revive the Black Sea Grain Initiative, would help ease inflation in several countries, but may not affect India’s own inflation trajectory much, Finance Minister Nirmala Sitharaman said

The Hindu

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month

Finance Minister Nirmala Sitharaman said that the Indian presidency has crafted solutions that resonate with each member, offering a shared path forward for all and leaving no one behind

The Hindu

Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

Under the scheme, the number of bank accounts grew 3.4-fold from 14.72 crore in March 2015, to 50.09 crore as on August 16, 2023.

The Hindu

Karnataka Chief Minister writes to Nirmala Sitharaman seeking release of funds recommended by 15th Finance Commission

Karnataka Chief Minister Siddaramaiah has urged Union Finance Minister Nirmala Sitharaman to release special grants and State-specific grants recommended by the 15th Finance Commission and opposed the steepest cut of 23% in devolution of funds.

The Hindu

The issue is not about India’s GDP, but its JDP

There is a big dissonance between GDP growth and its translation into actual jobs and incomes for people

The Hindu

Parliament paves way for 28% GST on online gaming

Finance Min. Sitharaman introduces bills to amend CGST & IGST laws, allowing 28% tax on full face value of bets in online gaming, casinos & horse race clubs. Amendments provide clarity on taxation of supplies & impose GST liability on offshore entities. GST Council approved levy last week.

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