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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): Congress Parliamentary Party Chairperson Sonia Gandhi on Tuesday drew the attention of the Rajya Sabha to the ongoing distress faced by women workers implementing critical government programs, including ASHA workers, Anganwadi workers and helpers, and community resource persons under the National Rural Livelihood Mission. Speaking in the Rajya Sabha, Gandhi said, "I rise to draw the urgent attention of this House to the continued distress of women workers i ...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 >
Cachar (Assam) [India], December 16 (ANI): In a major haul, police recovered and seized 90,000 Yaba tablets worth Rs 26 crore in Assam's Cachar district on Monday, officials said. Police also apprehended two persons and recovered the drugs from the secret chamber of a truck. Also Read | India Fastest Growing Economy, No 'Dead Economy' Gets Credit Rating Upgrade, Finance Minister Nirmala Sitharaman Tells Parliament. Partha Protim Das, Senior Superintendent of Police of Cachar district, said 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 >
New Delhi: Rejecting US President Donald Trump's "dead economy" remark on India, Union Finance Minister Nirmala Sitharaman on Monday said that global economic growth is currently around 3.2 per cent, while India recorded an 8.2 per cent growth in the last quarter. However, India continues to be one of the fastest-growing major economies globally," she said while replying on the debate on the supplementary demands for grants - first batch for 2025-26 which was taken up in Lok Sabha. Later, the Ho ...Read More >
New Delhi: India's economy has moved from a state of fragility in 2013 to become the fastest growing major economy for multiple years now, showing its transition from external vulnerability to external resilience, finance minister Nirmala Sitharaman told the Parliament on Monday. Replying to the debate on the first supplementary demands for grants in the Lok Sabha, the minister also said that collective work was needed to reduce debt at central and state levels. Sitharaman told the House that ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) While the global growth is 3.2 per cent, India is growing at 8.2 per cent, becoming the fastest growing major economy and every global institution is raising their growth outlook for the country in current fiscal (FY26), Finance Minister Nirmala Sitharaman told Parliament on Monday. Stressing that no "dead economy gets a credit rating upgrade," she further stated that India got rating upgrades from three major global agencies -- Morningstar DBRS, S&P and R&I. ...Read More >
New Delhi [India], December 15 (ANI): Assam Chief Minister Himanta Biswa Sarma called on Union Finance Minister Nirmala Sitharaman here on Monday to discuss key issues related to the state's development and the welfare of its people. According to a release, during the meeting, a wide range of matters concerning Assam's economic growth, infrastructure development, and public welfare initiatives were deliberated upon. The discussion focused on strengthening cooperation between the Centre and the ...Read More >
Here are three things to know about Perumbidugu Mutharaiyar II and why a stamp to commemorate him has been released now. A commemorative postage stamp in honour of the king Perumbidugu Mutharaiyar II (Suvaran Maran) was released by Vice President C P Radhakrishnan on Sunday. Commenting on this, Prime Minister Narendra Modi posted on X that Suvaran Maran "was a formidable administrator blessed with remarkable vision, foresight and strategic brilliance... I call upon more youngsters to read abou ...Read More >
The Bill aims to augment resources for meeting expenditure on national security and public health. Union Finance Minister Nirmala Sitharaman on Thursday moved The Health Security se National Security Cess Bill, 2025 in Lok Sabha for consideration and passing in the Lok Sabha. Speaking in the Lok Sabha, "I rise to move that the bill to augment the resources for meeting expenditure on national security and for public health and to levy assess for the said purposes on the machines installed or ot ...Read More >
New Delhi, Dec 5 (PTI) The Lok Sabha on Friday passed a bill to levy a cess on manufacturing units of pan masala, and utilise the fund for strengthening national security and improving public health. Replying to the debate on the Health Security se National Security Cess Bill, 2025, Finance Minister Nirmala Sitharaman said the cess will be shared with the states, as public health is a state subject. The bill was later passed by voice vote by the Lok Sabha. The bill seeks to augment the resour ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
The Lok Sabha faced multiple adjournments on the first day of the winter session due to persistent opposition sloganeering. Despite attempts to introduce crucial bills, proceedings lasted barely 50 minutes. Finance Minister Sitharaman tabled the Manipur GST Amendment Bill amidst calls for order and decorum within the house. The Lok Sabha's winter session commenced with turbulence as the opposition's endless sloganeering led to multiple adjournments on the first day. Proceedings lasted a mere 50 ...Read More >
New Delhi [India], December 1 (ANI): As the first day of the Winter Session of Parliament on Monday witnessed repeated disruptions, BJP MP Kangana Ranaut criticised the Opposition, accusing them of deliberate obstruction and growing desperation following consecutive electoral setbacks. Speaking to reporters outside Parliament, Ranaut said, "The more they (the Opposition) lose, the more frustrated they become. The Congress and the rest of the parties have reached a point of desperation," she sai ...Read More >
New Delhi, Dec 1 (SocialNews.XYZ) The number of complaints in which insurance companies have not resolved cashless health claim settlements within the stipulated time has come down to 0.39 per cent of the total complaints received in the first half (April-September) of 2025-26, Finance Minister Nirmala Sitharaman informed the Parliament on Monday. In a written reply to a question in the Lok Sabha, the Finance Minister said during the financial year 2024-25, a total of 2,57,790 complaints were r ...Read More >
New Delhi [India], November 20 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has completed 10 rounds of Pre-Budget Consultations in New Delhi as part of the preparations for the forthcoming Union Budget 2026-27. The meetings, held over the past days, brought together representatives and experts from key sectors of the economy -- from agriculture and MSMEs to capital markets, manufacturing, services, and technology. Each consultation was attended by Union Minister o ...Read More >
For the first time, Union Finance Minister Nirmala Sitharaman on Tuesday (November 18, 2025) held a separate meeting with startup founders and representatives as part of her pre-Budget consultations. "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the fifth Pre-Budget consultation with the stakeholders from the startups ecosystem in connection with the forthcoming Union Budget 2026-27, in New Delhi, today," the Ministry of Finance announced on Tuesday on its social medi ...Read More >
New Delhi, Nov 19 (PTI) Dedicated refinance window on the lines of NHB for the NBFC sector and aligning long-term capital gains tax with fixed deposits to encourage deposit mobilisation are some of asks presented before Finance Minister Nirmala Sitharaman on Wednesday during a pre-Budget meeting with the representatives of BFSI sector here. There is a need to create a dedicated refinance window for NBFCs (non-banking financial companies) to ensure a smooth and sustainable flow of funds and reso ...Read More >
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27. New Delhi [India], November 10 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27. Th ...Read More >
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