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CORPORATE CHAMPIONS: (Left to right) Bharti Airtel MD and CEO Shashwat Sharma, JSW Group chairman & MD Sajjan Jindal, YouTube India country MD Gunjan Soni, HDFC Life MD & CEO Vibha Padalkar, Andhra Pradesh chief minister N Chandrababu Naidu, RateGain Travel Technologies founder & MD Bhanu Chopra, Serum Institute of India chairman & MD Cyrus…
MUMBAI: Finance Minister Nirmala Sitharaman Saturday urged markets regulator Securities & Exchange Board of India to take the lead in implementing the govt-initiated ‘one nation, one KYC’ process.For long, the govt has been working on a unified know your client (KYC) system to eliminate repetition across services regulated by banks, mutual funds, stocks, bonds, insurance…
File photo: FM Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Thursday urged banks to strengthen cybersecurity systems and adopt a more proactive approach to tackle emerging threats linked to advanced artificial intelligence models, particularly amid concerns over Anthropic’s “Claude Mythos”.Chairing a high-level meeting with bank chiefs alongside IT minister Ashwini Vaishnaw, Sitharaman directed lenders…
NEW DELHI: Congress leader Kc Venugopal on Tuesday wrote an open letter to Kerala chief minister Pinarayi Vijayan, posing ’10 questions’ on what he alleged were covert understandings between the ruling Left and the BJP.In his letter, Venugopal said the questions reflect what is being widely discussed on the ground and asked Vijayan to respond.“As…
Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…
Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…
Sitharaman in Rajya Sabha NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said the government will remain on its “toes” to keep the fiscal deficit under check even as it works to shield the common man from the impact of rising global crude oil prices amid the West Asia conflict.Replying to a discussion on the…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that the Indian economy has weathered several storms over the last few years, starting with the Covid crisis, and remains strong, while seeking to comfort cooking gas consumers and farmers.Replying to a debate on the second batch of supplementary demands for grants in Rajya Sabha, she…
Health insurance has become a priority area for the government, finance minister Nirmala Sitharaman said on Tuesday, expressing hope that the country would achieve universal insurance coverage by 2033 as the sector expands its reach.Replying to supplementary queries during Question Hour in the Rajya Sabha, Sitharaman said the insurance industry had already made significant progress,…
The Centre is setting up a Rs 1 lakh crore Economic Stabilisation Fund to strengthen its ability to manage external disruptions and maintain fiscal stability, finance minister Nirmala Sitharaman said on Friday.Intervening in the Lok Sabha during the debate on the second batch of supplementary demands for grants, she said the proposed fund is designed…
