finance minister

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    Banking Regulations Limit Locker Content Visibility

    New Delhi, March 30 Banks cannot see or record what valuables customers store in lockers, as this would violate banking regulations, Finance Minister Nirmala Sitharaman said on Monday, ruling out differential insurance coverage based on the contents.Sitharaman was responding to a supplementary...
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    Lok Sabha Passes Amendments to Insolvency Code

    The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 by a voice vote today. The Bill, which was initially referred to a Select Committee, aims to further amend the Insolvency and Bankruptcy Code 2016 to address procedural delays and interpretational issues faced by...
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    Insolvency Code Amendments Boost Banking Health

    New Delhi, March 30 Finance and Corporate Affairs Minister Nirmala Sitharaman stated in the Lok Sabha on Monday that the Insolvency and Bankruptcy Code (IBC) has been a key and very important factor in improving the health of the country's banking sector, including the recovery of non-performing...
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    Modi's Leadership Drives UP's Development with Noida Airport

    Lucknow/Noida, March 28 Uttar Pradesh BJP president Pankaj Chaudhary hailed the inauguration of the Noida International Airport on Saturday, saying the state has emerged as a new identity of development, trust, and global opportunities under the leadership of Prime Minister Narendra Modi.Modi...
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    India's Finance Minister Emphasizes Inclusive Economic Growth

    March 27, New Delhi: India's Finance Minister Nirmala Sitharaman, while presenting the Finance Bill in the Rajya Sabha, stated that the reform momentum remains strong, with the aim of making India a vibrant and economically prosperous nation. She emphasized inclusivity, ensuring that all...
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    Budgetary Exercise Completed: Sitharaman Addresses Economic Concerns

    New Delhi, March 27 Finance Minister Nirmala Sitharaman said on Friday that there is no proposal to impose a lockdown in the country in the wake of the West Asia war, and asked politicians to refrain from spreading rumors and creating a sense of fear among the people.The minister also said...
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    Government Urges Calm Amidst Oil Refining Capacity & Economic Discussions

    The Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passage. Union Finance Minister Nirmala Sitharaman introduced the Bill, which aims to further amend the Insolvency and Bankruptcy Code of 2016. The Bill seeks to address procedural delays...
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    Finance Bill 2026: Reforms Focused on MSMEs, Farmers, and Trade

    New Delhi, March 25 Finance Minister Nirmala Sitharaman said on Wednesday that India is on a path of reform, and these reforms are being implemented with conviction and clarity.In response to the debate on the Finance Bill 2026 in the Lok Sabha, Sitharaman said, "Reform is not happening out of...
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    Budget Revision Sparks Concerns Over Key Welfare Programs

    New Delhi, March 23 TMC MP Saket Gokhale said on Monday that the NDA government has revised its own 2025-26 Budget Estimate by nearly Rs 10 lakh crore."Rs 10 lakh crore is the difference between what they present in the budget versus what is in the revised estimates," Gokhale said, taking a...
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    Lok Sabha Approves Corporate Laws Amendment Bill for Review

    New Delhi, March 23 – The Lok Sabha on Monday gave its approval for referring the Corporate Laws (Amendment) Bill, 2026, to the Joint Parliamentary Committee (JPC) for further scrutiny.Finance Minister Nirmala Sitharaman introduced the Bill in the lower house of Parliament, which aims to amend...
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    Lok Sabha Referrals Corporate Laws Bill to JPC

    The Corporate Laws (Amendment) Bill, 2026, has been referred to the Joint Parliamentary Committee (JPC) for further review. Following its introduction in the Lok Sabha today, Union Finance Minister Nirmala Sitharaman proposed sending the bill to the JPC for a detailed analysis.The House gave...
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    Guillotine Procedure Used as Lok Sabha Passes Ministry Grants

    New Delhi, March 18 The Lok Sabha passed the grants for various ministries for 2026-27 on Wednesday, approving an expenditure of over ₹53 lakh crore.The House passed the grants by using the guillotine procedure.Earlier, the Lok Sabha discussed the grants for the ministries of Railways and...
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    Parliament Approves Additional Spending of Rs 2.01 Lakh Crore

    New Delhi, March 17 The Parliament on Tuesday approved the second batch of supplementary demands for grants, allowing the government to spend an additional Rs 2.01 lakh crore in the current fiscal year, with the Rajya Sabha returning the Appropriation Bill 2026 to the Lok Sabha.Through the...
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    Senate Chairman Gilani Buys Car with Public Funds

    Islamabad, March 17 – A car worth Pakistani Rupees (PKR) 90 million has been purchased for Pakistan's Senate Chairman, Yousuf Raza Gilani, from the Senate's budget, even as the majority of the country's population is struggling with rising inflation, local media reported.According to sources...
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    Budget Session Update: Finance, Health, and Aviation

    March 16, New Delhi – Proceedings continued in both Houses of Parliament on Monday as the second part of the Budget Session remained in progress.In the Lok Sabha, Finance Minister Nirmala Sitharaman stated that the Stand-Up India Scheme, previously extended until March 31, 2025, is being...
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    State Government Hikes Dearness Allowance for Employees and Pensioners

    Agartala, March 16 – The Tripura government announced on Monday a 5 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for 1,83,582 government employees and pensioners in the state.Making the announcement on the second day of the ongoing Budget session of the Tripura...
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    LPG Price Protests Adjourn Lok Sabha Proceedings

    New Delhi, March 13 Lok Sabha proceedings were adjourned till 2 pm on Friday amid relentless protests by opposition members over the LPG situation and the increase in its price due to the ongoing West Asia crisis.As the House reassembled at 12 noon after an earlier adjournment over the same...
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    Lok Sabha to Vote on Supplementary Grants 2025-26

    The Lok Sabha will continue discussions and voting on the Supplementary Demands for Grants – Second Batch for 2025-2026. Finance Minister Nirmala Sitharaman will respond to the debate in the House. In the Rajya Sabha, further discussion will be held on the functioning of the Ministry of Rural...
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    Tripura Assembly Session Begins with Speaker Selection

    Agartala, March 12 – The ruling BJP’s legislative party proposed veteran tribal MLA Ram Pada Jamatia as the Speaker of the Tripura Legislative Assembly on Thursday night.A BJP leader said that the legislative party decided to nominate Jamatia as the next Speaker during a meeting held here...
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    Andhra Finance Minister Blames Jagan for Revenue Deficit

    Amaravati, March 12 Andhra Pradesh Finance Minister P Keshav on Thursday blamed former CM YS Jagan Mohan Reddy for the total revenue deficit in the current TDP-led NDA government, after the opposition leader criticised the present regime for allegedly causing economic devastation.On Wednesday...
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