Nirmala Sitharaman

December 16, 2024 2:17 PM

“Amendments brought to protect those in power”: Nirmala Sitharaman targets Nehru, Indira during Rajya Sabha debate on Constitution

Finance Minister Nirmala Sitharaman launched a sharp critique of former Congress leaders Jawaharlal Nehru and Indira Gandhi during a debate in the upper house on the Constitution on Monday, accusing them of introducing constitutional amendments aimed at protecting the interests of those in power, rather than strengthening democracy. Sitharaman said that after World War II, more than 50 countries gained independence and drafted their constitutions, many of which underwent significant changes ove...

December 16, 2024 12:53 PM

Sri Lankan President Anura Kumara Dissanayake accorded ceremonial welcome at Rashtrapati Bhavan

Sri Lankan President Anura Kumara Dissanayake was accorded a ceremonial reception at the Rashtrapati Bhavan in New Delhi on Monday, marking the second day of his state visit to India. President Droupadi Murmu and Prime Minister Narendra Modi welcomed President Dissanayake at the forecourt of Rashtrapati Bhavan. The Sri Lankan leader inspected a Guard of Honour presented by the combined defence services during the reception. As part of the formalities, President Murmu and President Dissanayake ...

December 2, 2024 10:14 PM

BJP appoints Vijay Rupani, Nirmala Sitharaman as central observers for Maharashtra

The Bharatiya Janata Party (BJP) has appointed former Gujarat Chief Minister Vijay Rupani and Union Finance Minister Nirmala Sitharaman as the party's Central Observers for Maharashtra. Despite the Mahayuti alliance’s landslide victory in the Maharashtra Assembly elections, over a week has passed without the announcement of the next Chief Minister. On Sunday, Caretaker Chief Minister and Shiv Sena leader Eknath Shinde stated that the decision on the Chief Minister's post rests with the BJP, ...

November 25, 2024 8:59 AM

Nirmala Sitharaman to move bills to amend banking laws in the Parliament Winter Session today

As the Winter Session of Parliament is convening today (Monday), Union Finance Minister Nirmala Sitharaman will move several Bills, including The Banking Laws (Amendment) Bill which aims to amend the Reserve Bank of India Act, 1934, in addition to the Banking Regulation Act and the State Bank of India Act. The Finance Minister will also move bills to amend the Banking Companies (Acquisition and Transfer of Undertakings) Act, of 1970, and the Banking Companies (Acquisition and Transfer of Undert...

November 16, 2024 9:28 AM

FM Nirmala Sitharaman congratulates Tulsi Gabbard on appointment as U.S. Director of National Intelligence

Union Finance Minister Nirmala Sitharaman extended her congratulations to Tulsi Gabbard on her appointment as the Director of National Intelligence (DNI) in the United States. In a post on X, Sitharaman praised Gabbard’s service and dedication, saying, "Congratulations @TulsiGabbard on being selected to serve as Director of National Intelligence. For 21 years, you served the USA as a soldier, becoming a Lt. Colonel in the Army Reserve. In my few interactions with you, I have been impressed by...

October 26, 2024 9:02 AM

Nirmala Sitharaman highlights Global South’s role in shaping multilateral development banks

Union Finance Minister Nirmala Sitharaman underscored the contributions of the Global South to the foundations of multilateral development banks at the 1944 Bretton Woods conference, stressing the importance of diverse voices in decision-making for a more inclusive global development framework. Sitharaman made these remarks during the Development Committee Plenary session on “A Future-Ready World Bank Group” at the 2024 World Bank Annual Meetings in Washington, DC. In her intervention at th...

October 21, 2024 9:06 AM

Finance Minister Nirmala Sitharaman lands in US after concluding Mexico visit

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, arrived in the United States and received a warm welcome at Newark Liberty International Airport on Sunday (local time). India's Ambassador to the United States, Vinay Mohan Kwatra, and Consul General of India in New York, Binaya Srikanta Pradhan, welcomed Sitharaman, following her arrival from Mexico City. Notably, Sitharaman was in Mexico from October 17 to October 20, where she interacted with political and business leader...

October 19, 2024 9:57 AM

Nirmala Sitharaman invites Mexican investors to explore opportunities in India’s GIFT-IFSC and Global In-House Capability Centers

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Saturday invited Mexican investors to explore opportunities in India's Global In-House Capability Centers (GICCs), aircraft leasing, ship leasing, and even foreign university setups at GIFT-IFSC, which is emerging as a global hub for reinsurance and sustainable finance. The Finance Minister participated in the India-Mexico Trade and Investment Summit, marking a significant step towards enhancing bilateral trade and invest...

October 18, 2024 9:18 AM

Mexico: Finance Minister Sitharaman chairs Tech Leaders Roundtable in Guadalajara

Union Finance Minister Nirmala Sitharaman chaired Tech Leaders Roundtable at the Chamber of Commerce in Mexico's Guadalajara and held discussions on 'Strengthening Technological Cooperation between India and Mexico.' The roundtable on Thursday was organised by the Mexican Association of the Information Technology Industry and Tata Consulting Services in collaboration with the Embassy of India in Mexico and Department of Economic Affairs. According to Ministry of Finance, the meeting was aimed ...

September 28, 2024 5:32 PM

Finance Minister Sitharaman meets Bukhara Governor, says India has a lot to offer to Uzbekistan

Finance Minister Nirmala Sitharaman, currently on a five-day visit to Uzbekistan, met with Botir Zaripov, the Governor of Bukhara city, on Saturday. During the meeting, she emphasized the importance of strengthening tourism and people-to-people ties between India and Uzbekistan. Sitharaman said that India has much to offer Uzbekistan, particularly to its young population, who could leverage development solutions from Indian startups through enhanced bilateral collaboration. The Ministry of Fina...