Sitharaman will chair a Tech Leaders Roundtable, bringing together global technology leaders, including major Indian IT companies operating in the region.
Ministry of Finance posted, "Union Minister for Finance and Corporate Affairs Smt. @nsitharaman interacted with USISPF members, led by Mr. @JohnTChambers , Chairman, @USISPForum in New Delhi, today. FM Smt. @nsitharaman spoke about India's rapid economic growth, the pivotal role of our youth
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday said that Kerala's youth can become powerful brand ambassadors of the Industrial Revolution 4.0, which is guided by advanced technologies such as artificial intelligence, machine learning and more.
"Chief Minister Pushkar Singh Dhami has expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for releasing an instalment of Rs 1992 crore to Uttarakhand under the tax transfer process," read a statement released by the Chief Minister's Office.
"Saddened by the passing away of Shri Ratan Tata, a leader par excellence, visionary industrialist, and philanthropist whose contributions have left an indelible mark on our society. His deep resolve to innovation, ethical business practices, and social responsibility transformed industries
The Central Board of Direct Taxes (CBDT) has formed an internal committee to oversee a comprehensive review of the Income-tax Act, 1961 (Act), as was announced in the Union Budget 2024-25 by Finance Minister Nirmala Sitharaman.
Union Finance and Corporate Affairs Minister Nirmala Sitharaman, in a key meeting in New Delhi held discussion with Prof. Nick Stern, a member of the G20 Independent Expert Group on strengthening Multilateral Development Banks (MDBs).
The discussion highlighted the strengthening ties between India and Bhutan, with Lyonpo Lekey Dorji expressing gratitude for India's continued development support during Bhutan's 13th Five Year Plan.
Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.