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Finance Minister Nirmala Sitharaman said on Wednesday that India is working towards securing 25 per cent of global trade in the coming years. India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. Advertisement ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," t ...Read More >
New Delhi, Dec 17 ( UNI) India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. She said the global economic landscape is undergoing a major shift, with trade increasingly getting weaponised through tariff restri ...Read More >
Srinagar- Jammu and Kashmir Chief Minister Omar Abdullah on Wednesday slammed Bihar Chief Minister Nitish Kumar for touching a Muslim woman's hijab, calling it "unacceptable" and "a reflection of a regressive mindset." Speaking to reporters in Srinagar, CM Oma said that such incidents have happened before as well, recalling a past act involving People's Democratic Party chief Mehbooba Mufti. "We have seen such incidents before. During my election, people may have forgotten how Mehbooba Mufti g ...Read More >
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the insurance reforms brought in through a bill in Parliament will grant greater access to insurance for the people, have better regulatory oversight and ensure ease of compliance. Moving the 'The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for consideration of the Lok Sabha, Sitharaman said the draft legislation was aimed at bringing transparency, ease of compliance mandates and increasing foreign direct invest ...Read More >
New Delhi: Enhancing foreign direct investment limit to 100% will enable global insurance companies to inject substantial capital directly without waiting for domestic partners, Union finance minister Nirmala Sitharaman told the Lok Sabha on Tuesday as the House passed the insurance bill seeking to remove FDI cap along with over a dozen key sectoral reforms. "If there's a need for growing protection through insurance in this country, we need to have insurance more accessible," she said while re ...Read More >
Chief Minister A. Revanth Reddy met Union Finance Minister Nirmala Sitharaman and Union Education Minister Dharmendra Pradhan in New Delhi on Tuesday (December 16, 2025) and sought their cooperation for establishment of Indian Institute of Management (IIM) and Young India Integrated Residential Schools (YIIRS). During his meeting with Ms Nirmalaraman, he sought the Centre's cooperation for the establishment of Young India Integrated Residential Schools (YIIRS) in Telangana. He informed her that ...Read More >
MUMBAI, Dec 16: The rupee hit a record low, breaching 91 against the US dollar, settling at 90.93 on Tuesday, amid widening trade deficits and delays in the India-US trade deal. The currency has fallen about 1% in the past five sessions and 5.1% so far this year. Finance Minister of State Pankaj Chaudhary noted the depreciation may boost export competitiveness but could raise import costs. Analysts expect the rupee could touch 92 without RBI intervention. The decline coincided with FII equity ...Read More >
New Delhi [India], December 17 (ANI): Telangana Chief Minister Revanth Reddy appealed to Union Finance Minister Nirmala Sitharaman to exempt education-related borrowings from the Fiscal Responsibility and Budget Management (FRBM) limits, as the state rolls out an ambitious ₹30,000-crore plan to strengthen the education sector during his meeting in New Delhi on Tuesday. During a meeting at the Finance Minister's chamber in Parliament, Reddy sought the Centre's support for large-scale investments ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday passed a bill that aims to strengthen policyholder protection, accelerate the growth of the insurance sector and raise the limit of FDI in the insurance sector from 74 per cent to 100 per cent. 'The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' seeks to amend key legislations, including the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Authority of Ind ...Read More >
Kochi, Dec 16 (PTI) The Kerala High Court on Tuesday stayed for three months, any proceedings pursuant to the show cause notice issued to the KIIFB by the ED in connection with the Masala Bonds issue. The matter pertains to the use of the funds generated through Masala Bonds for acquisition of land for infrastructure projects. While issuing the interim order, Justice V G Arun observed that according to the RBI's External Commercial Borrowings (ECB) framework, which came into effect from Januar ...Read More >
Hyderabad/ New Delhi, Dec 16 (UNI) Telangana Chief Minister A. Revanth Reddy on Tuesday appealed to union Finance Minister Nirmala Sitharaman to exempt borrowings for development of the education sector, from the limits prescribed under the Fiscal Responsibility and Budget Management (FRBM). He sought the exemption on the ground that the expenditure should be treated as an investment in human resource development. Revanth Reddy, who met the Finance Minister at her chamber in Parliament, briefe ...Read More >
New Delhi, Dec 16 (PTI) The Lok Sabha on Tuesday passed a bill to raise FDI in the insurance sector to 100 per cent, with a view to providing insurance to all by 2047. Replying to a debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, in the Lower House, Finance Minister Nirmala Sitharaman said higher FDI will attract more players in the industry and make insurance policies more affordable. "Monopoly doesn't give us that advantage, and therefore, the more the competi ...Read More >
Kolkata, Dec 16 (PTI) The Election Commission on Tuesday published West Bengal's draft electoral rolls following SIR, deleting the names of more than 58 lakh voters on various grounds, including death and migration, and redrawing voter profiles across districts and border belts ahead of the 2026 assembly polls. The scale, spread and political geography of the deletions have affected several high-profile assembly seats, and have sharpened political fault lines and set the stage for a contentious ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. Also Read | MI Team ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. "We want the regula ...Read More >
Hyderabad, Dec 16 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Tuesday met Union Finance and Corporate Affairs Minister Nirmala Sitharaman in New Delhi and urged her to extend support for the establishment of Young India Integrated Residential Schools (YIIRS). The Chief Minister informed the Union Minister that the State government plans to set up 105 YIIRS across Telangana. According to the Chief Minister's Office (CMO), he highlighted that through the YIIRS, quality educatio ...Read More >
New Delhi: A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman said the commo ...Read More >
New Delhi: A bill seeking to raise Foreign Direct Investment (FDI) in India's insurance sector to 100 percent was introduced in the Lok Sabha on Tuesday, sparking protests from opposition parties. The bill, titled Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, aims to amend the Insurance Act, 1938, LIC Act, 1956, and IRDAI Act, 1999. Union Finance Minister Nirmala Sitharaman said the government has always focused on providing insurance for common people, including marginal sec ...Read More >
New Delhi, Dec 16 (PTI) A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman ...Read More >
New Delhi [India], December 16 (ANI): Finance Minister Nirmala Sitharaman on Tuesday introduced the Insurance Laws (Amendment) Bill, 2025, titled "Sabka Bima Sabki Raksha", in the Lok Sabha, aiming to strengthen policyholder protection, deepen insurance penetration and accelerate the growth of the insurance sector in the country. The Bill seeks to amend key legislations, including the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Aut ...Read More >
New Delhi: Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha.Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this,"This is not just about renaming the Mahatma Gand ...Read More >
New Delhi [India], December 16 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha. Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this, Also Read | West B ...Read More >
New Delhi [India], December 16 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha. Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this, "This is not just ...Read More >
Assam CM Himanta Biswa Sarma met Vice President CP Radhakrishnan in Delhi, congratulating him and inviting him to Assam. The VP also released a postage stamp for Emperor Perumbidugu Mutharaiyar II, praising PM Modi's support for Tamil culture.Assam CM calls on Vice President, invites him to state Assam Chief Minister Himanta Biswa Sarma paid a courtesy call on the Vice President CP Radhakrishnan in the national capital on Sunday. Add Asianet Newsable as a Preferred Source During the meeting a ...Read More >
Pune (Maharashtra) [India], December 16 (ANI): Reacting to controversial slogans raised against Prime Minister Narendra Modi at a Congress rally, Maharashtra Deputy Chief Minister Ajit Pawar on Monday urged political parties to maintain dignity and decorum, saying such remarks go against Indian culture and democratic values. "The late Yashwantrao Chavan taught us the value of respect. In politics, there are always differences between the ruling party and the opposition, but when making statemen ...Read More >
New Delhi [India], December 16 (ANI): Trinamool Congress (TMC) MP Saugata Roy accused the Union government of deliberately avoiding a discussion on West Bengal while "repeatedly misleading the House" over pending dues under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), triggering a coordinated walkout from Parliament by opposition parties during the ongoing winter session on Monday. "The Finance Minister (Nirmala Sitharaman) avoided speaking on West Bengal as she knew th ...Read More >
Mohali (Punjab) [India], December 16 (ANI): A kabaddi player was shot dead after unidentified motorcycle-borne assailants opened indiscriminate fire during a kabaddi tournament in Sector 79 of Mohali on Monday evening, police said. The incident occurred during a kabaddi match in the Sohana area, triggering panic among players, organisers, and spectators at the venue. According to Senior Superintendent of Police (SSP) Harmandeep Singh Hans, two to three assailants arrived on a motorcycle and ope ...Read More >
The government has sought Parliament's approval for Rs 18,525 crore towards fertiliser and related subsidies in the first batch of Supplementary Demands for Grants for FY26 The Union government on December 15 assured that there would be no fertiliser shortage during the ongoing rabi season, with Union Finance Minister Nirmala Sitharaman saying urea stocks were sharply increased within a month through calibrated imports and close monitoring of supplies across states. Replying in the Lok Sabha d ...Read More >
New Delhi: India has seen broad-based economic growth and the asset ownership gap between the rich and the others has been narrowing over the past decade despite the pandemic blues, finance minister Nirmala Sitharaman said on Monday. Replying to a discussion on the first batch of supplementary demands for grants for 2025-26 in the Lok Sabha, the minister also countered the "dead economy" jibe, highlighting sovereign rating upgrades for India by three global agencies, including S&P, this year. ...Read More >
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