Page 3 - Latest Updates on Nirmala Sitharaman
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
 "Boost credit flow to allied agri activities: FM Nirmala Sitharaman to RRBs")
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
 "PM Modi visualises women-led economic growth for India: Nirmala Sitharaman")
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")
Challenges and opportunities loom in equal measure ahead of FY26 Budget
While the formal meetings of Finance Minister Nirmala Sitharaman with various stakeholders seeking their wishlist for Budget 2026 is expected to begin next month, the budget-making exercise is gaining
 "Challenges and opportunities loom in equal measure ahead of FY26 Budget")
Banks need to make loans more affordable, says FM Nirmala Sitharaman
The Finance Minister also said that inflation is very volatile because of supply and demand constraints
 "Banks need to make loans more affordable, says FM Nirmala Sitharaman")
Cost of borrowing stressful, banks must make interest rates affordable: FM
Speaking at the annual business and economic conclave organised by SBI, the minister also asked banks to concentrate on their core function of giving loans
 "Cost of borrowing stressful, banks must make interest rates affordable: FM")
FM Nirmala Sitharaman responds to X user seeking 'relief for middle class'
India's Finance Minister Nirmala Sitharaman responded to an X (previously Twitter) user, Tushar Sharma, who had commented on the minister's online post
FM Sitharaman responds to X user seeking tax relief for middle class
The user had posted: "I humbly request you to consider providing some relief for the middle class. I understand the immense challenges involved, but it's just a heartfelt request."
 "FM Sitharaman responds to X user seeking tax relief for middle class")
Severe action to be taken for causing harassment to taxpayers: Sitharaman
The finance minister added that manufacturing is a priority for the government, and various schemes have been developed for this purpose
May ease tariffs if no harm to economy, says FM Nirmala Sitharaman
According to Sitharaman, she has the responsibility to protect existing domestic companies producing goods locally, while balancing the needs of those dependent on imports
Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025
