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GST Council Set to Consider Next-Gen Process Reforms on October 7

By Uniquetimesorg October 5, 2026 0

Union Finance Minister Nirmala Sitharaman has announced that the next phase of process reforms under Next-Gen GST will be presented before the GST Council on October 7. The proposals are aimed at simplifying GST compliance and reducing operational costs, especially for small businesses. Developed in consultation with state governments, the reforms are expected to Continue Reading

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Sitharaman Calls for Stronger AI Safeguards Amid Rising Safety Concerns

By Uniquetimesorg September 11, 2026 0

Finance Minister Nirmala Sitharaman has called for stronger and continuously updated safeguards around artificial intelligence, warning that society cannot be left to bear the risks if AI systems “go rogue”. Speaking at the Global Fintech Fest 2026, she urged the global AI industry to provide greater institutional accountability and credible assurances that safety measures Continue Reading

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India Needs Global Tech Forum to Engage Foreign Regulators: Sitharaman

By Uniquetimesorg September 11, 2026 0

India should create a dedicated forum to help technology companies engage with foreign governments and regulators in a coordinated way, Finance Minister Nirmala Sitharaman said on Friday. She said such a platform could help Indian firms address regulatory concerns before new rules create barriers to market entry. With Indian technology companies expanding overseas, Continue Reading

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FM Says Budget Can Handle Inflation Risks

By Uniquetimesorg July 27, 2026 0

Finance Minister Nirmala Sitharaman has said there is no immediate need to revise the Union Budget, despite concerns over erratic monsoon conditions and rising global oil prices. She stated that the government has built sufficient financial buffers to absorb potential economic shocks. According to the minister, inflation is being influenced by both external factors and Continue Reading

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Indian Finance Minister Urges Focus on ‘3Fs’ Amid Gulf Energy Crisis

By Uniquetimesorg May 25, 2026 0

Indian Finance Minister Nirmala Sitharaman on Monday urged the nation to prioritize the “3Fs”—fuel, fertilizer, and foreign exchange—to navigate severe economic headwinds driven by the ongoing Gulf crisis. Speaking at an event in Mumbai, Sitharaman reinforced Prime Minister Narendra Modi’s recent plea for citizens to adopt austerity measures, including Continue Reading

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Cities Near Mumbai Plan First-Ever Bond Issues To Raise Funds

By Uniquetimesorg April 29, 2026 0

Cities near Mumbai, including Navi Mumbai and Panvel, are preparing to raise funds through municipal bonds for the first time, signaling growing momentum in India’s local debt market. Both cities have begun the process by securing credit ratings, with Navi Mumbai expected to target around 10 billion rupees, while Panvel plans a smaller, yet-to-be-finalized issuance. […]Continue Reading

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India Pushes SEBI for Global Coordination and Cyber Resilience

By Uniquetimesorg April 25, 2026 0

India’s Finance Minister Nirmala Sitharaman has urged the country’s market regulator, Securities and Exchange Board of India, to strengthen collaboration with global counterparts to enhance investor confidence in Indian markets. Speaking at a SEBI event in Mumbai, she emphasized that better alignment and understanding of regulatory frameworks internationally would attract Continue Reading

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FM Urges Sebi to Simplify KYC, Shift to Anticipatory Regulation

By Uniquetimesorg April 25, 2026 0

Finance Minister Nirmala Sitharaman on Saturday called on the Securities and Exchange Board of India (Sebi) to lead efforts in simplifying and standardising know-your-customer (KYC) processes across the financial system, stressing the need for a seamless, secure, and portable framework. Speaking at Sebi’s 38th foundation day event, she emphasized that citizens should not Continue Reading

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India Cuts Fuel Duties Amid Oil Price Surge

By Uniquetimesorg March 27, 2026 0

India has sharply reduced excise duties on petrol and diesel to shield consumers from rising global oil prices, while introducing windfall taxes on diesel and aviation fuel exports. The special excise duty on petrol fell from 13 rupees per litre to 3 rupees, and diesel duty was cut to zero from 10 rupees per litre. […]Continue Reading

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India Moves to Boost Buybacks and Fast-Track Mergers

By Uniquetimesorg March 24, 2026 0

India’s Finance Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026, proposing changes to allow certain companies to conduct two share buybacks a year instead of one, with a minimum six-month gap. The bill also aims to decriminalize some defaults, replacing criminal penalties with civil fines, and streamline compliance for Alternative Continue Reading