Page 2 - Latest Updates on Nirmala Sitharaman
Congress govt prioritised dynasty over democracy: Sitharaman in RS debate
Opening the Rajya Sabha debate on Monday, Union Finance Minister Nirmala Sitharaman accused previous Congress-led central governments of suppressing freedom of speech
 "Congress govt prioritised dynasty over democracy: Sitharaman in RS debate")
Sri Lankan prez Dissanayake meets FM Sitharaman to discuss economic ties
Earlier on Sunday, Dissanayake also met External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval
 "Sri Lankan prez Dissanayake meets FM Sitharaman to discuss economic ties")
FinMin asks banks to closely monitor NCLT, NARCL cases to reduce delays
The discussion on cases at NARCL centred on expediting timelines for the resolution of accounts
 "FinMin asks banks to closely monitor NCLT, NARCL cases to reduce delays")
GNPA of PSBs declines to 3.12% in Sep from 14.58% in March 2018: FinMin
During 2023-24, PSBs recorded the highest-ever aggregate net profit of Rs 1.41 lakh crore against Rs 1.05 lakh crore in 2022-23
 "GNPA of PSBs declines to 3.12% in Sep from 14.58% in March 2018: FinMin")
Centre seeks Parliament approval for extra Rs 86,730 crore spending in FY25
The net additional spending, as stated by the government, amounts to Rs 44,183 crore for the financial year ending March 31
 "Centre seeks Parliament approval for extra Rs 86,730 crore spending in FY25")
Retailers urge FinMin and GST Council not to go for higher 35% tax rate
All the gains of the GST regime will be wiped out, with permanent damage to the vast age-old retailer network of India
 "Retailers urge FinMin and GST Council not to go for higher 35% tax rate")
PSBs were UPA's ATM for cronies: FM Sitharaman hits out at Rahul Gandhi
Banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under the leadership of Prime Minister Narendra Modi, she said
FM counters Rahul on PSBs, says their turnaround has benefitted everyone
Gandhi alleged on X that the Narendra Modi government has turned PSBs ("lifelines of the masses") into private financiers for only the rich and powerful corporations
Reducing debt burden priority for next decade, says FM Sitharaman
Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels
Industry must realign itself with political, strategic policies: Sitharaman
Sitharaman said the economy has to clawback more to regain its strength after the Covid pandemic
 "Industry must realign itself with political, strategic policies: Sitharaman")
Govt mulls bond issue for middle-class, rates could beat retail inflation
The new scheme, likely to be backed by Nabfid, aims to offer retail investors an alternative savings route to equity markets
 "Govt mulls bond issue for middle-class, rates could beat retail inflation")
Fiscal-monetary coordination at its best in last six years: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues
 "Fiscal-monetary coordination at its best in last six years: Shaktikanta Das")
May RBI grow even taller as institution of trust: Das' parting message
RBI Governor Shaktikanta Das, who will demit office later today, thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their guidance and encouragement
 "May RBI grow even taller as institution of trust: Das' parting message")
PM Narendra Modi launches LIC's 'Bima Sakhi Yojana' to empower women
LIC's Bima Sakhi Yojana to enrol 100,000 women in 12 months
 "PM Narendra Modi launches LIC's 'Bima Sakhi Yojana' to empower women")
RBI Governor Das meets FM Sitharaman ahead of former's term coming to end
The meeting took place at the finance minister's North Block office. Sources said that the meeting lasted around 20 minutes and was considered customary following the MPC meeting
 "RBI Governor Das meets FM Sitharaman ahead of former's term coming to end")
RBI Guv Das meets FM Sitharaman two days before end of his extended term
The meeting comes just ahead of the extended term of incumbent RBI Governor coming to an end. Das's three-year extended term comes to an end on December 10
Farmers seek low taxes, doubling PM-KISAN amount in pre-budget meet with FM
The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief and market reforms
 "Farmers seek low taxes, doubling PM-KISAN amount in pre-budget meet with FM")
Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman
India's growth slowed to a seven-quarter low of 5.4 per cent in the July-September period of FY25
Finance minister Sitharaman to begin pre-Budget consultation from Friday
Sitharaman, who will chair these meetings, will seek their inputs regarding upcoming Budget amid seven-quarter low GDP print of 5.4 per cent in second quarter of the current financial year.
 "Finance minister Sitharaman to begin pre-Budget consultation from Friday")
Sitharaman accuses 'Congress-led MVA govt' of delaying key projects
Sitharaman also questioned the delay in the Aarey car shed construction, part of the Mumbai Metro project. The MVA government had shifted its location after environmental groups opposed
