Finance Minister Nirmala Sitharaman turned 66 on Monday, August 18. On this occasion, Prime Minister Narendra Modi extended birthday greetings to her. Taking to the social media platform X, he praised her contributions, saying her efforts are playing a vital role in realising the vision of a Viksit and Aatmanirbhar Bharat. “Praying for her long…
Unified Pension Scheme (UPS) has received 7,253 claims, Finance Minister Nirmala Sitharaman said on Monday, July 28. Out of these 7,253 claims, 4,978 claims have been processed for payment of benefits, as of July 20. There are 25,756 retired Central government subscribers eligible to receive additional benefits under UPS, according to the eligibility criteria, the…
Uncertainty around trade deals is emerging as a major factor holding back investment by India’s private corporate sector, according to UBS Securities India. The report attributes the lack of clarity on global trade to countries and pending agreements as a contributing factor to companies’ hesitation in investing in long-term capital expenditure (Capex). “From corporates’/investors’ point…
Union Finance Minister Nirmala Sitharaman on Wednesday (July 9) criticised the non-banking financial companies (NBFCs), urging them to adopt fair lending practices and humane recovery methods addressing industry leaders at the NBFC Conclave 2025. Highlighting concerns over rising complaints, she said recovery processes must operate within the bounds of humanity and regulation. The minister also…
Union Finance and Corporate Affairs Minister Nirmala Sitharaman held separate bilateral meetings with her counterparts from Russia, Brazil and China during the BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting in Rio de Janeiro. In her meeting with Russian Finance Minister Anton Siluanov, Sitharaman reaffirmed the “long-standing” partnership between India and Russia. She also…
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 categories…