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The Latest Breaking News from Nirmala Sitharaman

India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala Sitharaman

India's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fifty percent by 2030. Domestic economic growth sustained over seven percent despite global headwinds. India managed fertilizer shortages and shipping risks through government intervention. Bilateral trade agreements are advancing due to…

The Economic Times · Aug 30

Nirmala Sitharaman meets Mondelez, Hyatt executives in Chicago to deepen India presence

Finance Minister Nirmala Sitharaman met with Mondelez International and Hyatt executives in Chicago. Discussions focused on expanding their investments and operations within India. The meetings highlighted opportunities for increased manufacturing, sourcing, and services. Sitharaman emphasized India's skilled talent and improving business environment.

The Economic Times · Aug 29

Manufacture in India, build for the world: Sitharaman urges global investors

In a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in India. She underlined the country's diverse growth trajectory and the wealth of long-term investment prospects it offers. With its talented workforce and expansive market potential, India is positioned as a prime…

The Economic Times · Aug 29

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FM Sitharaman lands in US for six-day visit for G20 talks and meeting with business leaders

Finance Minister Nirmala Sitharaman has begun a six-day US visit focused on boosting investment ties, engaging business leaders and representing India at the G20 Finance Ministers and Central Bank Governors meeting. Her itinerary includes meetings with investors and CEOs in Chicago and New York, plus engagements on startups, technology and…

The Economic Times · Aug 29

India sends its Fab 4 across the world to woo trade, tech, energy and capital

India engages key partners, focusing on border management and energy security. Discussions with China now include investment alongside boundary talks. Russia talks address energy supplies and a widening trade imbalance. Japan and Canada visits seek investment and manufacturing partnerships. These engagements align with India's upcoming hosting of the BRICS summit.

The Economic Times · Aug 28

India, Canada working on easing cross-border remittances: Nirmala Sitharaman

India and Canada are joining forces to improve remittance processes for students. With a focus on utilizing digital innovations, this initiative seeks to make financial transactions smoother for the over four lakh Indian students in Canada. Canadian Finance Minister Francois-Philippe Champagne underscored the massive growth opportunity that this cooperation presents…

The Economic Times · Aug 27

Closer India-Canada economic cooperation gains importance amid global uncertainty: Sitharaman

India and Canada are strengthening economic ties amid global uncertainty. Finance Minister Nirmala Sitharaman highlighted the need for deeper partnerships. Discussions focused on investment, finance, and regulatory cooperation between the nations. Both countries explored avenues for financial sector collaboration and critical minerals. This dialogue aims to build resilient and sustainable…

The Economic Times · Aug 27

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Canada can be India's strategic partner, says Canadian Finance Minister

Canada can be a strategic partner for India's energy and food security needs. Canadian Finance Minister Francois-Philippe Champagne highlighted this during talks with Nirmala Sitharaman. Both nations are seeking to deepen economic ties and expand bilateral trade significantly. Discussions covered energy, critical minerals, and resilient supply chains for cooperation. India…

The Economic Times · Aug 27

Kotak Mahindra Investments' CFO Siddarth Gandotra resigns, Hiren Vora to succeed

Siddarth Gandotra resigns as CFO of Kotak Mahindra Investments Limited on August 31, 2026. Hiren Vora will assume the CFO role starting September 1, 2026. Vora brings eighteen years of experience within the Kotak group. Finance Minister Nirmala Sitharaman called for banking sector reform recommendations. A high-powered committee will examine…

The Economic Times · Aug 27

India emerging as global production, innovation and services hub: FM Nirmala Sitharaman

India is emerging as a global manufacturing and innovation platform for exports. Canadian capital and technology can partner with India's scale and talent. The nation's reforms and digital infrastructure strengthen the investment environment. Opportunities exist in financial services and clean energy value chains. Bilateral trade aims for seventy billion dollars…

The Economic Times · Aug 27

Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investors

Finance Minister Nirmala Sitharaman urged Canadian investors to tap India’s fast-growing economy, highlighting its scale, young population, expanding consumption, digital infrastructure and deepening capital markets. She also stressed opportunities in fintech, payments and financial services, as India and Canada strengthen economic ties through CEPA negotiations, uranium cooperation and plans to…

The Economic Times · Aug 26

Finance Minister to leave for 8-day official trip to Canada, US; focus on deepening bilateral ties

Finance Minister Nirmala Sitharaman will visit Canada and the United States for economic discussions. She will participate in the G20 Finance Ministers and Central Bank Governors meeting in Asheville. Sitharaman will engage with Canadian business leaders and explore investment opportunities. In the US, she will meet with private sector companies…

The Economic Times · Aug 24

Piyush Goyal pitches Singapore as springboard for India’s agri-food exports

Indian ministers promoted agricultural exports in Singapore through a special roadshow event. This initiative aims to expand Indian farmers' and food manufacturers' market presence. The event focused on diverse products including organic items and millets. This effort supports strengthening bilateral trade and economic cooperation between India and Singapore. Discussions also…

The Economic Times · Aug 21

Private capex confidence still catching up as uncertainty clouds investment decisions

Companies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in future cash flows and pricing. The next investment cycle, FY27 to FY31, expects higher annual expenditure demand. Public investment is key to stimulating private capital expenditure and infrastructure growth. Banks and other…

The Economic Times · Aug 20

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The Economic Times · Aug 19

Sitharaman asks public sector banks to get ‘cool’ for Gen Z with courses, lifestyle perks

Finance Minister Nirmala Sitharaman wants public sector banks to appear more appealing to young customers. She urged banks to engage directly with youth and understand their banking expectations. A month-long 'Banking for Youth' campaign will launch on October 2 for individuals sixteen and older. Banks will offer free online courses…

The Economic Times · Aug 18

S Jaishankar, Nirmala Sitharaman, Piyush Goyal to travel to Singapore for crucial talks

Top Indian ministers will meet their Singaporean counterparts for the fourth ISMR. This meeting aims to expand cooperation in trade, investment, and advanced manufacturing. Discussions will focus on strengthening the India-Singapore Comprehensive Strategic Partnership roadmap. The event will also include the India-Singapore Business Roundtable for key business leaders. Both nations…

The Economic Times · Aug 18

Public sector banks have ‘considerable strength’, says FM Sitharaman; asks them to use it with ‘greater ambition’

Finance minister Nirmala Sitharaman said public sector banks are operating with “considerable strength” and urged them to use it with “greater ambition”. At the PSB Confluence, she asked banks to launch a month-long ‘Banking for Youth’ campaign from October 2 and build awareness among young people about formal credit.

The Economic Times · Aug 18

No UPS pension for retirees of this state government; employee body writes to Nirmala Sitharaman, seeks intervention

Retired employees and teachers from the Delhi government are anxiously waiting for their pensions under the Unified Pension Scheme. The All India NPS Employees Federation has appealed to the Finance Minister for a swift resolution of these matters. With many retirees having applied well before the September 2025 cutoff, the…

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The Economic Times · Aug 17

Banking leaders urged to shape reforms as government readies panel for Viksit Bharat 2047

Finance Minister Nirmala Sitharaman said the government will soon set up a high-powered committee to chart the banking sector's role in building a "Viksit Bharat", with the panel set to draw on ideas and research emerging from two days of intensive discussions with banking sector stakeholders. Calling India's banks well…

The Economic Times · Aug 13

"Going around with Constitution's copy in hand but did not allow House to function": FM Nirmala Sitharaman slams opposition

Union Finance Minister Nirmala Sitharaman faced off against the opposition, decrying their disruptions in Parliament. She emphasized that those who uphold the Constitution should respect the House’s operations. Home Minister Amit Shah promised in-depth answers during forthcoming discussions. Meanwhile, the Tiranga Yatra initiative is drawing impressive crowds. Although 12 Bills…

The Economic Times · Aug 12

BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala Sitharaman

Nirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk investments and boost project bankability. India has strengthened its infrastructure through public spending and reforms. Public investment acts as a catalyst for private sector participation. Future development finance relies on partnerships between governments…

The Economic Times · Aug 12

When will government issue plastic currency notes? Minister reveals this in Parliament

The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting. The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway. However, specific…

The Economic Times · Aug 10

Communists in country are total cowards: FM Sitharaman

Finance Minister Nirmala Sitharaman labeled communists as "cowards" in the Rajya Sabha. She accused CPI(M) member John Brittas of spreading confusion regarding UPI payment fees. Brittas alleged US pressure influenced the government's decision on charging UPI fees. Sitharaman stated that communists lack the courage to face facts and listen. The…

The Economic Times · Aug 10

Parliament clears taxation bill, Sitharaman says UPI transactions to remain free

Parliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for consumers. The legislation removes the linkage between payment systems and income tax. It also provides legal backing to modify zero-MDR frameworks for digital transactions. The bill aims to attract foreign…

The Economic Times · Aug 10

Parliament passes Bankers' Books Evidence Bill to recognise digital banking records as legal evidence

Parliament has approved the Bankers' Books Evidence Bill, 2026, marking a significant advancement in accepting digital records within the banking sector. This contemporary law nullifies the obsolete 1891 Act, allowing for electronic documentation to be admitted as evidence, provided its integrity can be vouched for. Furthermore, it offers improved legal…

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