Finance Minister

October 5, 2026 5:23 PM

PM Modi shares FM Sitharaman’s article highlighting next-gen GST reforms

Prime Minister Narendra Modi on Monday highlighted that the next phase of GST reforms will make compliance easier and improve the refund process, giving businesses greater confidence to invest and grow. Sharing Finance Minister Nirmala Sitharaman’s article on X, the Prime Minister's Office (PMO) said that the next phase of GST reforms will strengthen the foundation for a Viksit Bharat. FM Sitharaman said that next-gen GST is making taxation simpler and more predictable while supporting busin...

September 26, 2026 10:02 AM

PM Modi Pays Tribute to Former PM Manmohan Singh on Birth Anniversary

Prime Minister Narendra Modi on Saturday paid tributes to the former PM Dr. Manmohan Singh on his birth anniversary. The PM stated that Dr. Singh spent many years in public life and served the nation with dedication. In a post on X, the Prime Minister said: “Tributes to our former Prime Minister Dr. Manmohan Singh Ji on his birth anniversary. He spent many years in public life and served the nation with dedication.” https://x.com/narendramodi/status/2103691773805732092?s=20 Born on Septe...

September 18, 2026 12:14 PM

FM Sitharaman asks banks to step up financial literacy efforts for MUDRA beneficiaries

Union Finance Minister Nirmala Sitharaman on Thursday asked banks providing loans under the PM MUDRA Yojana to step up financial literacy efforts across states to help small entrepreneurs expand their businesses and bring more people under the scheme. Speaking during an interaction with beneficiaries of the PM MUDRA Yojana, FM Sitharaman said financial awareness was important for entrepreneurs to make better use of credit and grow their businesses. Her remarks came after an entrepreneur from N...

September 7, 2026 9:25 PM

FM Sitharaman puts PSB employees’ PLI scheme on hold amid concerns

Finance Minister Nirmala Sitharaman on Monday met a delegation of bank employees representing various public sector banks (PSBs) and decided to keep in abeyance the implementation of the Performance Linked Incentive (PLI) Scheme for the financial year 2025-26 following concerns raised by employees. The delegation, led by the Bharatiya Mazdoor Sangh, raised several issues related to the banking sector, including a review of ex-gratia, medical facilities for retired employees and changes to the e...

September 3, 2026 10:30 AM

India’s 7.8% growth despite global disruptions remarkable: FM Sitharaman at US investors’ meet

Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday highlighted India’s resilient economic performance amid global disruptions, saying the country recorded a remarkable 7.8 per cent growth in the first quarter of FY 2026-27 and continued to be the fastest-growing major economy. FM Sitharaman made the remarks while addressing a high-level Business Roundtable with investors organised by the Consulate General of India in New York in association with Bank of America. The...

September 2, 2026 10:42 AM

India can clock growth beyond 8%: World Bank’s Ajay Banga

India has the potential to grow beyond its current 7-8 per cent trajectory, World Bank President Ajay Banga has said, describing the country’s latest economic performance as robust despite global energy pressures, trade uncertainty and the impact of El Niño. In an exclusive interview with IANS on the sidelines of the G20 Finance Ministers’ meeting in Asheville, Banga said the latest growth figures reflected the strength of India’s underlying economy. “India is now delivering regularly...

September 2, 2026 10:09 AM

FM Sitharaman meets World Bank chief Ajay Banga, discusses deeper partnership and private capital mobilisation

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met World Bank Group President Ajay Banga on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday, with discussions focusing on further strengthening the India-World Bank partnership. FM Sitharaman appreciated the World Bank Group’s continued engagement with India and acknowledged the speedy processing of $1.5 billion in Development Policy Financing (DPF). She also appreci...

September 2, 2026 10:02 AM

FM Sitharaman meets IMF chief, discusses global outlook and India’s growth trajectory

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday. During the meeting, the two leaders discussed the global economic outlook and India’s evolving growth trajectory. Georgieva appreciated India’s strong economic performance and track record, and noted the resilience and strength built by th...

September 2, 2026 10:26 AM

FM Sitharaman holds wide-ranging bilateral meetings at G20 finance meet, discusses global economic cooperation

Finance Minister Nirmala Sitharaman held a series of high-level bilateral meetings with global financial leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville, discussing ways to deepen economic cooperation, boost investment and strengthen partnerships across infrastructure, technology, trade and emerging sectors. FM Sitharaman met World Bank Group President Ajay Banga and discussed further strengthening the India-World Bank partnership, i...

September 1, 2026 10:14 AM

FM Sitharaman meets UK Finance Minister Healey on sidelines of G20 meet in US

Finance Minister Nirmala Sitharaman met UK Chancellor of the Exchequer John Healey in Asheville on Monday on the sidelines of the G20 meeting. FM Sitharaman is currently on a six-day visit to the US from August 29 to September 2, as part of a broader nine-day tour that began in Canada. She arrived in Asheville in North Carolina for the G-20 finance ministerial meeting, which will focus on global growth against the backdrop of conflicts in West Asia and Europe. Healey was appointed Chancellor ...