Page 24 - Latest Updates on Nirmala Sitharaman
Slowdown in West, on balance, would be positive for India: CEA Nageswaran
'Signs are very encouraging' are for the Indian economy, he says in an interview
 "Slowdown in West, on balance, would be positive for India: CEA Nageswaran")
At it yet again! The sequencing problem in setting a base year for GDP
The current datelines imply the GDP changes will happen only after the general elections of 2024
 "At it yet again! The sequencing problem in setting a base year for GDP")
Centre seeks hiring plan after public banks see dip in staff strength
In the last 10 years, the number of branches of PSBs across the country have gone up, but staff strength has fallen
 "Centre seeks hiring plan after public banks see dip in staff strength")
IFC MD Diop meets FM Sitharaman, discusses lending opportunities in India
She reiterated India's expectation of a rise in IFC's lending to India to $2-2.5 billion in the next 1-2 years and $3-3.5 billion in next 3-4 years, the finance ministry said in a series of tweets
 "IFC MD Diop meets FM Sitharaman, discusses lending opportunities in India")
Govt working on GST on crypto transactions, defining legal framework
The government is working on a comprehensive indirect tax regime for crypto assets which will check revenue loss to the exchequer
 "Govt working on GST on crypto transactions, defining legal framework")
Centre plans to offer sops for natural farming under national mission
The central government is considering offering sops to farmers to adopt natural ways of farming, which will be part of a soon-to-be-launched national mission
 "Centre plans to offer sops for natural farming under national mission")
FM Sitharaman to meet CEOs of PSBs to review progress of schemes for SCs
Schemes like Stand-Up India, Pradhan Mantri Mudra Yojana, and Credit Enhancement Guarantee Scheme for Scheduled Castes and their progress would be discussed during the meeting, said sources
 "FM Sitharaman to meet CEOs of PSBs to review progress of schemes for SCs")
Sitharaman participates in roundtable with Singapore, talks bilateral ties
During the meeting, the Ministers emphasised on ways of enhancing cooperation between the two countries in the emerging and futuristic areas.
Be ready to meet the credit demand: FM Nirmala Sitharaman to banks
The finance minister said Indian banks have to plan for the Amrit Kaal. And for that, they have to become digitally savvy, especially the public sector ones
 "Be ready to meet the credit demand: FM Nirmala Sitharaman to banks")
Banks ensure their systems speak to each other for customer service: FM
The finance minister also underlined the need for ensuring that banking personnel converse in the local language so that their customers are served better.
Fast-tracking of status on cryptocurrency assets may be in works
India, like many other countries, is currently not FATF-compliant on crypto assets
 "Fast-tracking of status on cryptocurrency assets may be in works")
FM Nirmala Sitharaman calls for more women directors on India Inc board
Data from Prime Database shows that there are 2,350 women and 10,356 men holding position of directors at listed firms
 "FM Nirmala Sitharaman calls for more women directors on India Inc board")
FM Sitharaman asks women entrepreneurs to take up leadership roles
She also admitted that there is a need to widen the pool of female corporate leaders as today many of them are on the board of multiple companies
FSDC discusses ways to ease inter-regulatory issues at IFSC-GIFT City
Council held meeting in Mumbai on Thursday, chaired by Union Finance Minister Sitharaman
 "FSDC discusses ways to ease inter-regulatory issues at IFSC-GIFT City")
Sitharaman chairs 26th meet of Financial Stability and Development Council
The council stressed on the early warning indicators for the economy and the preparedness to deal with them, improving the efficiency of the existing financial and credit information systems
FM Sitharaman lauds PM Modi's leadership, commitment to the country
Everyone should read this book which tells us about how self-made leaders can make a difference because they are committed to India as for them the country comes first, she added
 "FM Sitharaman lauds PM Modi's leadership, commitment to the country")
FSDC stresses on the need to monitor India's financial sector risks
Meeting discusses that it's endeavour of regulators to ensure incidents like the NSE colocation scam don't repeat and there are better ways to deal with the fallout
Hindi speaking gives me shivers, I speak it with hesitation: FM Sitharaman
Union Minister Nirmala Sitharaman on Thursday said speaking Hindi gives her "shivers" and she speaks the language with hesitation
Centre upbeat on Rs 1.5-trillion GST revenue every month from October
GST collections were to the tune of Rs 1.43 trillion in August; in July it was around 1.49 trillion
 "Centre upbeat on Rs 1.5-trillion GST revenue every month from October")
Former Sebi chief Damodaran to head committee to boost PE/VC investments
Finance minister Nirmala Sitharaman in her FY23 budget had proposed to set up the committee
 "Former Sebi chief Damodaran to head committee to boost PE/VC investments")
