Finance Minister
Budget 2025 Ups Focus on Fintech and New-age Tech, Garners Positive Response from VCs
Union Budget 2025 has put a heightened focus on new-age technology and fintech alongside other areas, which has gathered a positive response from the venture capital (VC) community.
Union Budget 2025: Empowering MSMEs as Catalysts for Economic Growth
With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in achieving the vision of 'Viksit Bharat' is undeniable.
India's Quick Commerce Startups Poised to Go Global, Says Finance Minister Sitharaman
Sitharaman additionally proposed that Prasar Bharati enhance its streaming capabilities to create an international-standard OTT platform.
MSMEs Expect to Benefit From FM's New Credit Guarantee Scheme
The INR 100 crore credit guarantee scheme is expected to serve as a vital catalyst for MSME growth and resilience by enabling businesses to secure financing without traditional barriers. Industry experts agree that this program has the potential to unlock new avenues of opportunity for MSMEs, encouraging entrepreneurship, fostering local manufacturing, and contributing to the nation's export ecosystem.
India's Innovation Landscape Set for Growth, Says Finance Minister
GCCs, primarily driven by multinational corporations, have seen rapid growth in India, with nearly 56 per cent of their revenue now coming from research and development (R&D) services.
Finance Minister Launches HSBC's Green Hydrogen Partnership
The partnerships are expected to help boost the government's National Green Hydrogen Mission, which is providing policy support towards achieving global leadership in green hydrogen transition
Finance Bill 2023 Passed: Key Takeaways
The Lok Sabha on Friday approved The Bill with 64 official amendments
Centre Open To Inclusion Of Petroleum Products Under GST Regime, Says Nirmala Sitharaman
The finance minister said the fiscal consolidation for which the government had given a road map, they are completely aligning themselves with it
Nirmala Sitharaman Reviews MCA Site Glitches And Directs To Form Special Team To Resolve
The latest version of MCA21 portal was launched on January 23
Discount Discussions Against Scrapped Vehicles With Finance Ministry In Works: Nitin Gadkari
The minister said during the scrapping process, the cost of raw materials for the automotive industry was reduced by 33%, while sales increased by 10%-12%
Nirmala Sitharaman Suggests Changes In Customs Act To Deal With Cryptocurrency: Report
Sitharaman said that there is a cocktail of developments which encompasses the dark web and artificial intelligence, web3 and Meta, and also urged the officials to sit up and take note of these
Finance Minister Concludes Pre-Budget Meetings For Union Budget 2023-24
The meetings were held in virtual mode between November 21 and November 28
NPS Money Belongs To Employees As Per Law, Not For State Governments, Says Nirmala Sitharaman
The finance minister said that it was the previous Congress government of Virabhadra Singh in Himachal that discontinued OPS in 2003 and started NPS
Innovation Plays Key Role In Making India Developed By 2047, Says Nirmala Sitharaman
While pointing out the significance of digitalization that has been laid into medical services, education and software as a service (SaaS) sector, Sitharaman said there is immense potential to take it up further
Inflation Management Cannot Be Singularly Left To RBI, Says Nirmala Sitharaman
The finance minister said that the word 'taming inflation' or the word 'keeping it within the tolerance limit', is an exercise of so many different activities and a majority of which is outside the monetary policy in today's circumstances