Page 3 - Latest Updates on Nirmala Sitharaman
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
 "Sitharaman accuses 'Congress-led MVA govt' of delaying key projects")
LS passes banking laws amendment Bill allowing 4 nominees in bank accounts
Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh
 "LS passes banking laws amendment Bill allowing 4 nominees in bank accounts")
PSBs safe, stable, performed exceptionally well in recent years: Sitharaman
Replying to a debate on the Banking Laws (Amendment) Bill, 2024, the minister said that all the Public Sector Banks have turned profitable
 "PSBs safe, stable, performed exceptionally well in recent years: Sitharaman")
Maharashtra CM's name to be declared on eve of govt's swearing-in on Dec 4
Despite the Mahayuti alliance's resounding victory in the Maharashtra Assembly elections, more than a week has passed, and the alliance has yet to announce its next Chief Minister
Insurance premiums may drop if GST Council decides to reduce taxes: FM
Sitharaman said this while replying to the question on whether GST reduction on health insurance will be a step towards making healthcare more equitable
 "Insurance premiums may drop if GST Council decides to reduce taxes: FM")
Nirmala Sitharaman to move bill to amend banking laws in Lok Sabha tomorrow
As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, and others
Women should take benefits of schemes launched by Centre: Sitharaman
Finance Minister Nirmala Sitharaman was speaking at a credit outreach programme held in Madhubani, where loans to the tune of Rs 1,121 crore were provided to 50,294 beneficiaries by various banks
FM distributes Rs 1,388 cr in loans at Darbhanga credit outreach programme
Union Finance Minister distributed five copies of the Constitution each in Maithili and Sanskrit to distinguished citizens
 "FM distributes Rs 1,388 cr in loans at Darbhanga credit outreach programme")
Boost credit flow to allied agri activities: FM Nirmala Sitharaman to RRBs
FM also directed Uttar Bihar Gramin Bank to increase credit flow to fisheries and foxnut (makhana) to realise the full potential of these activities in the region
PM Modi visualises women-led economic growth for India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman was speaking at a credit outreach programme held in the north Bihar town of Darbhanga
Life insurance stocks fall; HDFC Life, SBI Life, Max Financial dip up to 7%
According to the latest data, HDFC Life distributes 65 per cent of its insurance policies through banking channels, followed by SBI Life (60 per cent), Max Life (52 per cent), and ICICI Prudential
 "Life insurance stocks fall; HDFC Life, SBI Life, Max Financial dip up to 7%")
Rs 1,435 crore PAN 2.0 project gets CCEA approval as business identifier
The PAN 2.0 project aims to enable technology-driven transformation of taxpayer registration services and offers several benefits
 "Rs 1,435 crore PAN 2.0 project gets CCEA approval as business identifier")
How govt navigates headwinds, challenges will shape the FY26 Budget
It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Sitharaman, rare in Indian polity
 "How govt navigates headwinds, challenges will shape the FY26 Budget")
FMCG distributors flag deep discounts by quick commerce companies
AICPDF says qcomm firms' deep discounting, predatory pricing put small retailers and distributors under immense pressure
 "FMCG distributors flag deep discounts by quick commerce companies")
Indians should not listen to West's diktats to build Brand Bharat: FM
She said in India, families are engaged in making crafts, without denying children the schooling, because unless the craft is learnt very young, a craftsman can never master it
Indian qcom startups can be key global players: FM Nirmala Sitharaman
Sitharaman's remarks come at a time when there is a heated debate about the effect of the swift growth of quick-commerce platforms on traditional brick-and-mortar retail stores in India
Karnataka CM seeks more agricultural loans, meets FM for farmers' interests
Presenting a detailed representation, Siddaramaiah emphasised that Karnataka aims to disburse short-term agricultural loans worth Rs 25,000 crore to 3.5 mn farmers in 2024-25
 "Karnataka CM seeks more agricultural loans, meets FM for farmers' interests")
Karnataka CM seeks to meet FM Sitharaman to discuss Nabard loan 'reduction'
Speaking to reporters here, Siddaramaiah noted that the Nabard comes under the Finance Ministry, and so 'I will make a request to her'
 "Karnataka CM seeks to meet FM Sitharaman to discuss Nabard loan 'reduction'")
Lending rate cut still some time away: SBI Managing Director Vinay M Tonse
SBI MD says banks would look for monetary policy stance and policy rate action to decide actions
 "Lending rate cut still some time away: SBI Managing Director Vinay M Tonse")
A lot of 'ills' have crept into the system: Panda on product mis-selling
'You don't need to chase customers. You have to give the option to the customer. No mis-selling, no force-selling, the Bima Sugam will also facilitate that,' says Debasish Panda
 "A lot of 'ills' have crept into the system: Panda on product mis-selling")
