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Nirmala Sitharaman

Nirmala Sitharaman

DOB: August 18, 1959

Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.

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Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman

Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman

Business | Mar 26, 2020, 02:56 PM IST

Finance Minister Nirmala Sitharaman on Thursday announced medical insurance cover of Rs 50 lakh per person for coronavirus warriors, who are treating COVID-19 patients and helping the country to fight against the deadly novel coronavirus.

Finance Minister Nirmala Sitharaman to address media at 1 pm today

Sitharaman announces ₹ 1.7 lakh crore economic package to blunt COVID-19 impact | BIG TAKEAWAYS

Business | Mar 26, 2020, 10:59 PM IST

Sitharaman today announced an economic package that will benefit migrant workers, urban and rural poor which will be known as the Prime Minister Gareeb Kalyan scheme.

Last date for filing Income Tax Returns (ITR) extended to June 30

Last date for filing Income Tax Returns (ITR) extended to June 30

Business | Mar 24, 2020, 03:17 PM IST

The last date for the income tax return for the financial year 18-19 is extended to 30th June 2020. For delayed payments interest rate has been reduced from 12 per cent to 9 per cent, Union Finance Minister Nirmala Sitharaman announced on Tuesday.

Nirmala Sitharaman coronavirus press conference

Sitharaman moves ITR deadline, waives ATM, bank charges in Coronavirus relief measures | Highlights

Business | Mar 24, 2020, 04:14 PM IST

Finance Minister Nirmala Sitharaman has announced a series of measures that the government has taken to fight the impact of coronavirus outbreak. Sitharaman announced the extension of ITR, GST filing deadlines. Here are the highlights of Sitharaman's relief measures for the economy:

Finance Minister Nirmala Sitharaman to address media at 2 pm today

GST, ITR filing, Aadhaar-PAN linking deadlines extended to June 30

Business | Mar 24, 2020, 04:14 PM IST

Nirmala Sitharaman said that the central government is preparing an economic package to help the country tide over losses incurred owing to the Covid-19 outbreak.

Finance Minister Nirmala Sitharaman to review bank merger preparedness

Finance Minister Nirmala Sitharaman to review bank merger preparedness

Business | Mar 11, 2020, 02:58 PM IST

As the bank merger becomes effective April 1, Finance Minister Nirmala Sitharaman is scheduled to meet the chief executives of the amalgamating banks on Thursday to review the preparedness for the merger. The Union cabinet already approved consolidation of 10 public sector banks into four, earlier in the month.

Nirmala Sitharaman to meet heads of merging banks on Thursday

Nirmala Sitharaman to meet heads of merging banks on Thursday

Business | Mar 10, 2020, 09:23 PM IST

Finance Minister Nirmala Sitharaman will hold a meeting with chief executives of amalgamating banks on Thursday to review preparedness for the merger beginning April 1. 

Yes Bank employees will continue to get respective salaries: Sitharaman

Yes Bank employees will continue to get respective salaries: Sitharaman

Business | Mar 06, 2020, 06:20 PM IST

In what can be a relief to thousands of Yes Bank employees, Finance Minister Nirmala Sitharaman said on Friday that Yes Bank employees will continue to get salary. Yes Bank is currently in crisis and Reserve Bank of India has set a maximum withdrawal cap of Rs 50,000 for depositors.

Yes Bank, Yes Bank ATMs, RBI, SBI

Security tightened at Yes Bank branches, ATMs in Mumbai as depositors rush to withdraw money

Business | Mar 06, 2020, 03:12 PM IST

As Yes Bank depositors rush to ATMs on Friday to withdraw cash a day after it was put under a moratorium, security at its branches, ATMs, headquarters across Mumbai was tightened to avert any untoward incident. The RBI has capped a withdrawal limit of Rs 50,000 as Yes Bank's faces capital crunch.

Nirmala Sitharaman/File 

Chacha-Bhatija given loans by Congress: FM Sitharaman on Yes Bank crisis

Business | Mar 06, 2020, 02:32 PM IST

"Chacha-Bhatija" were given loans under Congress rule, Union Finance Minister Nirmala Sitharaman said in a jibe on Friday as she spoke about the crisis in Yes Bank.

Want to assure every depositor's money is safe: Sitharaman on Yes Bank crisis

Want to assure every depositor's money is safe: Sitharaman on Yes Bank crisis

Business | Mar 06, 2020, 02:09 PM IST

Finance Minister Nirmala Sitharaman on Yes Bank crisis Friday said that the RBI Governor has assured her there will be no loss to any Yes Bank depositor, a day after the central bank imposed a moratorium on the banking institution.

SBI Chairman meets Sitharaman over Yes Bank issue

SBI Chairman meets Sitharaman over Yes Bank issue

Business | Mar 06, 2020, 01:38 PM IST

SBI Chairman Rajnish Kumar on Friday arrived in Parliament to meet Finance Minister Nirmala Sitharaman to discuss the Yes Bank issue.

Nirmala Sitharaman/File Image

Amalgamation of 10 public sector banks into 4 from April 1: Sitharaman

Business | Mar 04, 2020, 07:47 PM IST

​The Union Cabinet on Wednesday approved amalgamation of 10 public sector banks, including Allahabad Bank, Andhra Bank and OBC, to create large four state-owned lenders with effect from April 1, Finance Minister Nirmala Sitharaman said. These will be in addition to State Bank of India, Bank of Baroda, and Bank of India.  

Bill to give more powers to RBI to regulate cooperative banks introduced in Lok Sabha

Bill to give more powers to RBI to regulate cooperative banks introduced in Lok Sabha

Business | Mar 03, 2020, 08:17 PM IST

A bill to provide more powers to the RBI for regulating cooperative banks was introduced by Finance Minister Nirmala Sitharaman in the Lok Sabha on Tuesday.

Bring in more efficient, adaptive tech to further smoothen working of PFMS: FM

Bring in more efficient, adaptive tech to further smoothen working of PFMS: FM

Business | Mar 01, 2020, 02:33 PM IST

Finance Minister Nirmala Sitharaman on Sunday asked civil accounts officers to focus on bringing in more efficient and adaptive technologies to further smoothen the working of the Public Financial Management System (PFMS).

Nirmala Sitharaman/File Image

Delhi violence, anti-CAA protests have not dampened investor sentiment: Sitharaman

Business | Feb 27, 2020, 07:16 PM IST

Union Finance Minister Nirmala Sitharaman on Thursday said that investor sentiment has not been dampened by anti-CAA protests and the recent Delhi violence.  

Telecom Dept looking into AGR payment issues: FM

Telecom Dept looking into AGR payment issues: FM

Business | Feb 26, 2020, 10:44 PM IST

The telecom department is looking into issues related to payment of statutory dues by mobile telephony services providers, Finance Minister Nirmala said on Wednesday. In all, 15 telecom entities owe the government Rs 1.47 lakh crore in unpaid statutory dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges.

Rs 2,000 notes, nirmala sitharaman on Rs 2,000 notes, nirmala sitharaman statement, Rs 2000 notes in

Banks NOT instructed to stop dispensing Rs 2000 notes from ATMs: Nirmala Sitharaman

Business | Feb 26, 2020, 11:59 PM IST

Union Finance Minister Nirmala Sitharaman Wednesday said banks were not instructed to stop dispensing Rs 2,000 notes. The statement comes after Indian Bank decided to stop putting Rs 2,000 notes in its ATM machines.

Government closely monitoring coronavirus impact on economy: FM

Government closely monitoring coronavirus impact on economy: FM

Business | Feb 26, 2020, 06:57 PM IST

Finance Minister Nirmala Sitharman on Wednesday said the government is keeping a close watch on the impact of the coronavirus outbreak on the Indian economy.

Need to enhance global risk monitoring: Sitharaman

Need to enhance global risk monitoring: Sitharaman

Business | Feb 22, 2020, 10:19 PM IST

Finance Minister Nirmala Sitharaman on Saturday emphasised the need to enhance global risk monitoring and explore the scope for policy co-ordination to deal with such risks.

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