INSANE: Nirmala sitharaman | Rare Historical Photos

IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary review

The United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank's majority stake. They have requested an immediate suspension of the sale process due to market volatility. The forum argues that the decision lacks adequate justification and transparency. They are calling for a comprehensive review…

The Economic Times · 15h ago

‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale row

Nirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and has since been revived. She stated that prudent management and recapitalization led to its current profitability. Rahul Gandhi has expressed concerns over job security and the impact of privatization…

The Economic Times · Oct 30

Rahul Gandhi responds to FM Nirmala Sitharaman on Tata row, seeks answers on meeting at Amit Shah’s residence

Rahul Gandhi has raised concerns over a meeting between Tata Trusts and Home Minister Amit Shah. He questioned the motives behind the gathering, asserting that Indian businesses feel pressured by the government. Meanwhile, Finance Minister Nirmala Sitharaman urged Gandhi to avoid politicizing commercial issues and highlighted the government's support for…

The Economic Times · Oct 28

Nirmala Sitharaman pitches for public, private capital to build financially sustainable cities

Finance Minister Nirmala Sitharaman highlighted the importance of creating sustainably investable cities in India. She proposed a combination of public investment alongside private capital to achieve these goals. Various urban development initiatives have been established to support this approach effectively. The Urban Challenge Fund aims to improve municipal finances and…

The Economic Times · Oct 16

China says ready to address each other's concerns after Sitharaman flags trade barriers

China said it was ready to work with India to allay its concerns of rising trade imbalance. Finance Minister Nirmala Sitharaman said the trade imbalance was due to China's restrictions in market access to Indian goods and services. She said that India has not resorted to punitive tariffs to reign…

The Economic Times · Oct 16

Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chains

Finance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy, electric mobility, and resilient supply chains, among other sectors. Additionally, discussions with Bhutan's Finance Minister explored bilateral economic cooperation and energy collaboration. Sitharaman emphasized India's ongoing support for Bhutan's developmental goals…

The Economic Times · Oct 16

India wants to promote rupee trade settlement to help partner facing hard currency shortage: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said India is promoting rupee and local-currency trade settlements to help countries facing hard-currency shortages continue importing essential goods. She said geopolitical tensions and economic downturns have pushed several nations into debt and balance-of-payments crises.

The Economic Times · Oct 16

India-US trade pact would be concluded at earliest, in interest of global trade: FM Sitharaman

In a promising update on the India-US trade agreement, Nirmala Sitharaman indicated that negotiations are progressing well, with Commerce Minister Piyush Goyal mentioning that legal drafting for the initial phase is in motion. Addressing concerns related to trade imbalances and China's market access restrictions, Sitharaman underlined the critical role of…

The Economic Times · Oct 16

China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficit

Nirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister reported a staggering trade deficit exceeding $100 billion with China this year, even with improved diplomatic relations. She noted that non-tariff barriers obstruct Indian products, especially generic medicines, from entering China.

The Economic Times · Oct 16

World Bank should focus on mobilising greater private capital and creating jobs, says FM Sitharaman

Nirmala Sitharaman emphasized the importance of private capital in creating jobs and boosting productivity during her address. She outlined six priorities for the World Bank Group to enhance its development impact, integrating private sector engagement. Sitharaman highlighted the need for affordable financing and addressing market failures to foster job creation.…

The Economic Times · Oct 15