Nirmala Sitharaman Highlights: At G20, FM to focus on debt situation globally, regulating crytpo assets

FM: Markets well-regulated; SBI and LIC have assured exposure to Adani Group 'well within permissible limits'

The Finance Minister said both the State Bank of India and Life Insurance Corporation (LIC) have told her that their exposure to the conglomerate is well within permissible limits. She also said both SBI and LIC had issued statements in this regard.

FM Sitharaman assures startups of ample funding opportunities, says it's a wait for better options

The startup ecosystem in India has recently seen a slowdown in funding, causing some to see a decline in their valuation highs. Nirmala Sitharaman, India's finance minister, responded to worries over the availability of funding for startups on Friday, stating that the current situation is not a "funding winter" for startups but rather that funders are taking their time to evaluate the prospects presented by businesses.

FM: Will try for a global SOP for crypto regulation at G20 apart from discussing debt financing

Nirmala Sitharaman said, “At G20, will focus on debt situation globally and debt financing as middle-income countries are going into vicious financial traps...will also talk about multi-lateral finance institution and reforms - IMF reforms, World Bank reforms... we will also be looking at global SOP to be available... to be agreed upon for regulating crypto assets…."

Nirmala Sitharaman LIVE Updates: "Fall in inflation isn't a one month affair," says Finance Minister

Nirmala Sitharaman LIVE Updates: Key takeways from the FM's first exclusive interview post Budget 2023 | Tap the links to read

> FM reacts to SBI & LIC exposure to Adani Group: Both say it is well within permissible limits

> FM Sitharaman exclusive | India to push green energy, tourism and women power for next growth spurt

> Govt not forcing anyone out of old tax regime, says FM Nirmala Sitharaman

> FM says the process is on to decide on the best possible timing for divestments

> FM Nirmala Sitharaman speaks on demand to bring back OPS — says 'New pension scheme' came in Congress' period

> FM Sitharaman explains why MGNREGA allocation was cut in Union Budget 2023

Nirmala Sitharaman LIVE Updates: Budget's impact will continue to hold markets high, says FM

Nirmala Sitharaman exclusive |  "Introduction of New Pension Scheme was during Congress' time. Are we paying the current generation of pensioners by loading future generation?" asks FM

Nirmala Sitharaman exclusive | “PM Modi always wanted to make the personal tax system simple," says Finance Minister Nirmala Sitharaman

Nirmala Sitharaman exclusive | India to push green energy, tourism and women power for next growth spur

In an exclusive interview with Rahul Joshi Group Editor-In-Chief of Network18, the Finance Minister credited the people of India for keeping pace with the government with respect to the fast pace of decision-making enforced because of the Russia-Ukraine war and the COVID-19 pandemic fallouts. READ FULL REPORT HERE

Nirmala Sitharaman LIVE Updates: FM reacts to SBI & LIC exposure to Adani Group, says Both say it is well within permissible limits

The Finance Minister said both State Bank of India and Life Insurance Corporation (LIC) have told her that their exposure to the conglomerate is well within permissible limits. She also said both SBI and LIC have issued statements to this regard. READ FULL REPORT HERE

Nirmala Sitharaman LIVE Updates: At G20, FM to focus on debt situation globally, regulating crytpo assets

At G20, will focus on debt situation globally and debt financing as middle income countries are going into vicious financial traps...will also talk about multi-lateral finance institution and reforms - IMF reforms, World Bank reforms... we will also be looking at global SOP to be available... to be agreed upon for regulating crytpo assets...," the finance minister said.

Nirmala Sitharaman LIVE Updates: Hope 50% would move to simplified tax regime, says FM

Nirmala Sitharaman LIVE Updates: "I can incentivize savings but go for a high rate... people should not feel they need to avoid the tax...Tax payer left with more money in hand can be the best judge of how to invest that money," the finance minister said.

Nirmala Sitharaman LIVE Updates: "Citizens should not be burdened with taxation. Can lower tax burden when tax base widens. Widen the base and lower the tax should be the approach," the finance minister said.