New Delhi: Finance Minister Nirmala Sitharaman on Friday defended the government’s decision to divest a majority stake in public sector IDBI Bank, while accusing the erstwhile Congress-led governments of political interference that led to huge non-performing assets in public sector banks. Reacting to the Leader of the Opposition Rahul Gandhi’s criticism over the proposed IDBI.
New Delhi: The traditional Halwa ceremony, which marks the final stage of preparations for the Union Budget 2026-27, was held on Tuesday at the Budget Press in North Block. The ceremony took place in the presence of Union Finance and Corporate Affairs Minister Nirmala Sitharaman and Union Minister of State for Finance Pankaj Chaudhary. The.
Lok Sabha Speaker Om Birla on Monday confirmed that Finance Minister Nirmala Sitharaman will present the Union Budget 2026–27 on February 1, which happens to be a Sunday.
Pune: Union Finance Minister Nirmala Sitharaman has said that India’s resilience stands out amidst an uncertain global environment and several favourable factors, including a young demography and domestic demand, provide core strength to the Indian economy to withstand global spillovers and grow at a higher aspirational trajectory. Addressing the 91st Foundation Day celebrations of Bank.
New Delhi: The government has officially notified the Income-tax Act, 2025, which consolidates and amends the existing income tax law, replacing the over six-decade-old Income Tax Act, 1961. The Act received the President’s assent on August 21, according to a gazette notification issued by the Ministry of Law and Justice. The new simplified Act, which.
New Delhi: Lok Sabha on Monday passed the new Income Tax Bill without debate, hours after it was introduced in the House by Finance Minister Nirmala Sitharaman. The Income Tax (No.2) Bill, 2025, which was introduced on Monday afternoon after the government on Friday last withdrew the Income Tax Bill, 2025 in the Lok Sabha,.
Shillong, July 11: Meghalaya witnessed a landmark moment in its development journey on Friday as Union Finance Minister Nirmala Sitharaman laid foundation stones and inaugurated several transformative projects worth Rs 1,087.81 crore in the state. Speaking during an Integrated Public Programme at the LARITI – International Centre for Performing Arts and Culture here, FM Sitharaman.
New Delhi, June 24: Finance Minister Nirmala Sitharaman on Tuesday received a dividend cheque of Rs 2,762 crore on behalf of the government from the Bank of Baroda for the financial year ended on March 31, 2025. The cheque was presented by Bank of Baroda Managing Director and CEO Debadatta Chand to the Finance Minister.
Leh: Finance Minister Nirmala Sitharaman on Sunday visited an exhibition of local handicrafts and handloom products by Self Help Groups (SHG) and local entrepreneurs of the Ladakh region. She interacted with artisans, women-led SHGs and local entrepreneurs showcasing traditional crafts, handloom textiles and sustainable innovations at their stalls. The Finance Minister appreciated the entrepreneurial spirit.
Mumbai: Nation’s largest lender the State Bank of India (SBI) on Wednesday said it has hired 13,455 junior associates to enhance customer experience at its branches across the country. The recruitment aimed to fill vacancies across states and union territories, making it one of the significant hiring efforts in the industry. “Our total recruitment across.
New Delhi: Finance Minister Nirmala Sitharaman on Sunday highlighted that in the last 11 years, women have emerged as key drivers of progress in the country, with the Narendra Modi government launching various schemes to empower Nari Shakti. Highlighting “11 years of Sashakt Nari”, the Finance Minister said that under the PM Jan Dhan Yojna,.