Be vigilant against interest rate risks, Nirmala Sitharaman tells banks

Be vigilant against interest rate risks, Nirmala Sitharaman tells banks

Union Finance Minister Nirmala Sitharaman chairs a meeting to review the performance of Public Sector Banks in New Delhi on March 25, 2023. Photo: Twitter/@nsitharamanoffc via ANI Amid fears of contagion effects from banking crises in the U.S. and Europe, Finance Minister Nirmala Sitharaman has asked banks to remain vigilant about “interest rate risks” and […]

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Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session of the Parliament, in New Delhi, on December 21, 2022. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on December 21 said the government is keeping an eye on inflation which is purely “extraneous” nowadays because of the fuel and fertilizer prices. […]

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Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Nirmala Sitharaman | Photo Credit: PTI India plans to sustain its high growth rate through more government capital spending but will also focus on health and education next year, Finance Minister Nirmala Sitharaman told  the Reuters NEXT conference on Wednesday. Ms. Sitharaman was speaking amid consultations for the next Budget, which is expected to be […]

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India taking action against spamming, says FM Sitharaman

India taking action against spamming, says FM Sitharaman

Nirmala Sitharaman said the government has withdrawn the old data protection bill and the new one is likely to come sooner Nirmala Sitharaman said the government has withdrawn the old data protection bill and the new one is likely to come sooner The Indian government is taking action against activities like spamming and intrusion into […]

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World Bank offers to take India’s digitisation to rest of the world, says FM Nirmala Sitharaman

World Bank offers to take India’s digitisation to rest of the world, says FM Nirmala Sitharaman

The Finance Minister said India looks forward to close collaboration with the World Bank during the upcoming G20 Presidency The Finance Minister said India looks forward to close collaboration with the World Bank during the upcoming G20 Presidency World Bank President David Malpass has offered to work with India to take its successful digitisation efforts […]

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India in talks with different countries to make Rupay acceptable in their nations: FM Sitharaman

India in talks with different countries to make Rupay acceptable in their nations: FM Sitharaman

Nirmala Sitharaman said in response to a question from an Indian student at the University of Maryland, who wanted to have the UPI in the United States as well Nirmala Sitharaman said in response to a question from an Indian student at the University of Maryland, who wanted to have the UPI in the United […]

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States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

“If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” “If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” Emphasising that it was unfair to blame the Centre for some States’ higher price levels, […]

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Inflation is not a ‘red lettered’ priority for Centre now: Sitharaman

Inflation is not a ‘red lettered’ priority for Centre now: Sitharaman

Job creation, equitable distribution of wealth, growth are key priorities, says FM Job creation, equitable distribution of wealth, growth are key priorities, says FM Inflation is not a ‘red-lettered’ priority now for the government given that it has been brought down to a ‘manageable level’ over the past two months and job creation and equitable […]

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India eyes IMF support ahead of G20 presidency

India eyes IMF support ahead of G20 presidency

India will soon release the list of focus areas to be pursued during its tenure as the G20’s chair, which it is set to assume in December this year, Finance Minister Nirmala Sitharaman said, hours before she met the International Monetary Fund (IMF) top boss Kristalina Georgieva to discuss IMF’s support through its G20 presidency.  “We […]

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PM Modi has shaken up governance, has a direct connect with people, says Nirmala Sitharaman

PM Modi has shaken up governance, has a direct connect with people, says Nirmala Sitharaman

India now on a progressive path compared with several other countries under the threat of recession, says Finance Minister India now on a progressive path compared with several other countries under the threat of recession, says Finance Minister Prime Minister Narendra Modi has shaken up governance, and has a direct connect with the citizens and […]

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