Nirmala Sitharaman

July 13, 2026 6:34 PM

Nirmala Sitharaman reviews RBI swap schemes, urges banks to step up NRI outreach

Union Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the Reserve Bank of India's (RBI) swap facility schemes for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs), and asked banks to intensify outreach to the non-resident Indian (NRI) diaspora to sustain the momentum in foreign currency mobilisation. The review meeting, held in New Delhi, was attended by Managing Directors and C...

July 1, 2026 3:03 PM

FM Nirmala Sitharaman embarks on four-day France visit to deepen strategic economic partnership

Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday embarked on a four-day official visit to France to strengthen the India-France Strategic Partnership through a series of high-level engagements focused on economic cooperation, investment, technology and innovation. During the visit, Sitharaman will participate in bilateral meetings, interact with global business leaders and co-chair the India-France Economic and Financial Dialogue (EFD) with France's Minister of Econo...

June 15, 2026 3:02 PM

India Well-Positioned for Growth, More Reforms Needed to Keep Momentum: Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said the government and the Reserve Bank of India (RBI) will take additional measures to attract foreign capital into India, while stressing that continuous reforms, innovation and institutional strengthening are essential to sustain the country's long-term economic growth. Speaking at the Mindmine Summit 2026, Sitharaman said India has performed reasonably well on the economic front and remains supported by strong domestic demand, but cau...

May 25, 2026 2:36 PM

PIB debunks fake claim linking Rajnath Singh to support for BLA

The Press Information Bureau’s (PIB) Fact Check unit on Monday dismissed as “fake and fabricated” a social media claim alleging that Defence Minister Rajnath Singh had expressed support for the Balochistan Liberation Army (BLA). In a post on X, the PIB Fact Check unit said a Pakistani propaganda account was circulating a false claim that the Defence Minister had spoken about India’s support to the BLA. “The claim is fake and fabricated. The Defence Minister has not made any such stat...

May 25, 2026 11:19 AM

Centre moves to overhaul CBSE payment gateway system amid re-evaluation portal issues

Union Education Minister Dharmendra Pradhan on Sunday held discussions with Union Finance Minister Nirmala Sitharaman over the technical and payment-related difficulties faced by students during the Central Board of Secondary Education (CBSE) post-result and re-evaluation process. Following the meeting, it was decided that four major public sector banks - State Bank of India, Bank of Baroda, Canara Bank and Indian Bank - will assist CBSE in strengthening its payment gateway infrastructure and i...

April 24, 2026 4:57 PM

FM Sitharaman warns of ‘unprecedented’ AI risks, urges banks to bolster cyber defences

Finance Minister Nirmala Sitharaman on Friday said that Indian banks are adequately prepared to deal with emerging technology-related challenges, even as she raised fresh concerns over risks linked to a new artificial intelligence model developed by Anthropic. Speaking to reporters, FM Sitharaman noted that India is closely monitoring the potential threats posed by Anthropic’s Mythos AI model, which has drawn global attention for its advanced capabilities. The remarks came after Sitharaman c...

April 21, 2026 11:53 AM

Union Ministers Nirmala Sitharaman and Piyush Goyal hold talks with Korean leaders to boost economic ties

Union Finance Minister Nirmala Sitharaman and Union Minister of Commerce and Industry Piyush Goyal held a series of high-level meetings with South Korean leaders and business executives in New Delhi on Monday, focusing on strengthening economic cooperation and expanding trade and investment ties between the two countries. The engagements coincided with the three-day state visit of South Korean President Lee Jae Myung to India. Sitharaman met Lee Eog-weon, Chairman of South Korea’s Financial ...

March 20, 2026 10:31 PM

Finance Minister calls for stable, simple tax regime at ‘PRARAMBH 2026’ launch

Union Finance Minister Nirmala Sitharaman on Friday launched ‘PRARAMBH 2026’, a nationwide awareness campaign by the Income Tax Department to educate citizens about the provisions of the new Income Tax Act, 2025, which will come into effect from April 1, 2026. The campaign, spanning print, television, radio, digital and social media platforms, aims to build awareness about the new tax regime through simplified communication, guidance material and public engagement initiatives. On the occas...

February 2, 2026 8:54 PM

STT hike on F&O meant to curb speculation, protect retail investors: Sitharaman

A day after the Union Budget announcement, Finance Minister Nirmala Sitharaman on Monday said the hike in Securities Transaction Tax (STT) on futures and options (F&O) trading is intended to discourage speculative activity and protect retail investors from mounting losses. Speaking to reporters, Sitharaman said she had received calls from parents expressing concern that their children were losing money in derivatives trading. “F&O is a highly speculative market,” she said, adding th...

February 2, 2026 12:09 PM

Sitharaman interacts with students after Budget presentation, calls for ‘better India’

Union Finance Minister Nirmala Sitharaman on Sunday interacted with 30 university students from across the country who witnessed the Union Budget 2026–27 presentation live from the Lok Sabha gallery. Addressing the Youth Dialogue on Budget 2026, Sitharaman described the interaction as a departure from the usual post-Budget practice of engaging with newspapers and television studios. She said the idea was proposed by her team as a way to connect directly with young people. “This tim...