Page 2 of finance minister

FM Sitharaman Urges NBFCs to Double Credit to 50% of Bank Lending by 2047, Focus on Fair Practices. (Image Source: PTI)

Aim to double loan book: FM Nirmala Sitharaman to NBFCs

Finance Minister Nirmala Sitharaman has set an ambitious target for Non-Banking Financial Companies (NBFCs), urging them to increase their credit…

July 10, 2025 05:16 IST

Big Relief Ahead? Centre Eyes Major GST Cut for Middle and Lower Incomes. / Representative Photo (Image Source: PTI)

Toothpastes to bicycles: Centre mulls GST relief for middle class on THESE items

The Central government is reportedly planning a major GST rate reduction, potentially eliminating the 12% slab or moving items to…

July 2, 2025 20:16 IST

GST, finance minister, Nirmala Sitharaman, ease of doing business, compliance, economic inclusion, GST collections, GST revenue, indirect taxes

Focus of GST on promoting ease of doing biz, ensuring better compliance, says finance ministry

The finance ministry said that the focus of the Goods and Services Tax (GST) will now be on promoting ease…

Updated: July 1, 2025 17:03 IST

FE Exclusive| Nirmala Sitharaman optimistic about pickup in private investment, says, ‘we can see signs of change’

FM Nirmala Sitharaman sees clear signs of rising private investment and economic buoyancy – learn how India is navigating global…

Updated: July 1, 2025 12:07 IST

FE Exclusive| FM Nirmala Sitharaman hints at lower GST rates, ‘the expectation is that it will come down’

FM Nirmala Sitharaman signals lower, simpler GST rates ahead; stay tuned for updates from the next GST Council meeting.

Updated: July 1, 2025 12:16 IST

finance minister, Nirmala Sitharaman, PSBs, divestment, subsidiaries, listing, higher returns, funding, State Bank of India, Canara Bank, acquisition

FM Sitharaman asks public sector banks to monetise investments in subsidiaries via listing on bourses

The finance ministry has urged PSBs to monetise their subsidiaries by listing them after scaling up operations, aiming for higher…

June 29, 2025 12:43 IST

Nirmala Sitharaman private investment, India private sector investment 2025, FM on economic growth (Image Source: Financial Express)

FM urges PSBs to step up lending to productive sectors

Finance Minister Nirmala Sitharaman has urged Public Sector Banks (PSBs) to leverage the RBI’s recent 50 basis points repo rate…

June 27, 2025 22:25 IST

The Finance Ministry announced that 5,483 taxpayers have filed belated returns for Assessment Year 2024-25. (Image Source: Reuters)

I-T action being taken for non-compliant taxpayers with foreign income: FinMin

The Indian Income Tax Department is intensifying its crackdown on non-compliant individuals with foreign income, especially as Indian money in…

June 21, 2025 09:59 IST

GST evasion of Rs 2.23 lakh crore detected in 2024–25. / Representational Photo (Image Source: PTI)

Simplify GST registration, plug tax leakage: FM

Finance Minister Nirmala Sitharaman has urged the Central Board of Indirect Taxes and Customs (CBIC) to simplify GST registration processes…

June 20, 2025 22:00 IST

The meeting will assess PSBs' profitability (which saw a 26% growth in FY25). (Image Source: Financial Express)

FM to review performance of PSBs on June 27

Finance Minister Nirmala Sitharaman is scheduled to review the performance of Public Sector Banks (PSBs) on June 27, following the…

June 14, 2025 06:14 IST

Deposit Insurance and Credit Guarantee Corporation, DICGC, FM, Banking, finance, ICRA

Finance Minister to meet officials from GST, Customs, and Income Tax for a brainstorming conclave: Report

Finance Minister will meet with the top officials of the GST and Customs departments on June 19 and 20. Additionally,…

Updated: June 13, 2025 19:11 IST

This comes after Moody's recently lowered India's 2025 GDP growth forecast to 6.3% from 6.5% . (Image Source: Reuters)

Moody’s representatives meet Finmin officials

Amidst ongoing concerns about alleged biases against emerging economies, representatives from Moody’s Ratings met with Indian finance ministry officials, including…

June 6, 2025 06:43 IST

budget 2025 expectations, budget 2025 expectations on income tax, budget 2025 expectations for middle class, budget 2025 expectations for healthcare sector, budget 2025 expectations for real estate sector, budget 2025 expectations for education sector

FM Sitharaman applauds fintech’s role in expanding digital infrastructure

he finance minister visited the office of Pine Labs, a fintech company, where she lauded the contribution of fintech companies…

May 27, 2025 18:27 IST

finance minister, nimala sitharaman, economic stability, banking sector, banks, cybersecurity, bank employees, UPI, ATMs, internet banking, national security, Pahalgam attack, operation sindoor

Indo-Pak conflict: FM Sitharaman asks banks to remain vigilant, ensure uninterrupted services

Addressing a meeting of CEO of banks and insurance companies on cybersecurity preparedness, the finance minister stressed the critical role…

Updated: May 9, 2025 20:42 IST

‘No basis in fact’: Finance Ministry, ADB deny reports on fund cuts to Pakistan

The reports surfaced after the Pahalgam terror attack in April 2025, which resulted in the loss of 26 lives.

May 6, 2025 07:17 IST

The finance ministry has cautioned about risks from ongoing global trade disruptions. (Image Source: Twitter)

Risks from trade tremors warrant close monitoring: FinMin report

The finance ministry has cautioned about risks from ongoing global trade disruptions, emphasizing the need for close monitoring and diversification…

April 29, 2025 21:52 IST

NITI NCAER States Economic Forum, economy, Finance Ministry, Finance Minister, capital expenditure

Fiscal constraints not behind capex revision: Finance Minister

Finance Minister Nirmala Sitharaman clarifies that the revision of FY25 capital expenditure is not due to fiscal constraints but factors…

April 1, 2025 21:25 IST

taxpayers, FM, ITR, taxpayers, money, Nirmala Sitharaman, lok sabha

Campaign led to declaration of Rs 29,208 crore foreign assets by taxpayers: FM

A “nudge” campaign led to the declaration of foreign assets worth Rs 29,208 crore and foreign income of Rs 1,089…

March 25, 2025 21:53 IST

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‘Trump brought India-Russia together’: Ex-Pentagon official slams ‘hypocritical US’

World News42 min ago

Former Pentagon official Michael Rubin believes Trump should be awarded a Nobel Prize for bringing India and Russia closer together. The recent State visit of Russian President Putin to India, warmly welcomed by Prime Minister Modi, has sparked discussions about their strengthened friendship. However, Rubin questions if this is due to animosity towards Trump’s criticism.

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