Nirmala Sitharaman On Digital India
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Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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"False Endorsements, Real Losses": AI-Enabled Financial Scams On The Rise
A digital risk firm has raised an alarm over the rapid rise of AI-enabled financial scams in India in a devastating report that analysed some cases, including a deep fake video of Union Finance Minister Nirmala Sitharaman.
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Budget 2025 Answers Expectations, Raises Questions For Gulf NRI Businesses
Union Budget's emphasis on digital infrastructure, AI innovation, and 5G expansion was welcomed by Bhavesh Talreja, Founder and CEO, Globale Media.
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‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
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Paytm Shares Jump After Reports On CEO's Met With RBI, Finance Minister
Paytm shares climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO had met Finance Minister Nirmala Sitharaman and the RBI to try to resolve a regulatory crackdown on its payments bank business.
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E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
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Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
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India's Public Goods Available For Countries That Need It: Finance Minister In US
Observing digitalisation has become the biggest advantage in India in the last two years, Union Finance Minister Nirmala Sitharaman on Thursday said that India's public goods are available for countries that need them.
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Not The Right Time To Make Digital Payments Chargeable: Finance Minister
Union Finance Minister Nirmala Sitharaman said on Friday that the central government believes that this is not the right time to make digital payments chargeable.
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Taking Action Against Dubious Digital Loan Apps, Indians Who Help Set Them Up, Finance Minister Says
Dubious digital loan apps will face action from the government, including those originating outside the country, along with Indians who help set them up, Finance Minister Nirmala Sitharaman said on Tuesday. The minister was responding to a supplementary question in the Rajya Sabha on reports of dubious digital loan apps backed by Chinese entities w...
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India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
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India’s CBDC Use-Cases Being Explored for ‘Several Commercial Purposes’ Says Nirmala Sitharaman
India is looking at expanding payment options with its Digital Rupee. The country is exploring potential use cases where its CBDC could come in handy. The development was spoken about by Finance Minister Nirmala Sitharaman during a business conference in San Francisco recently.
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Finance Minister Sitharaman Says India to Take a Considerate Decision on Crypto Regulation
Flagging concerns over likely misuse of crypto, Finance Minister Nirmala Sitharaman said that India will take a considerate decision on regulation around the virtual currency.
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Cryptocurrency Brings Risk of Money Laundering, Terror Financing: Nirmala Sitharaman
The biggest risk of cryptocurrency could be its use in money laundering and financing terror, the Indian Union Minister of Finance Nirmala Sitharaman stated during the ongoing meet of the International Monetary Fund (IMF).
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Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
"False Endorsements, Real Losses": AI-Enabled Financial Scams On The Rise
A digital risk firm has raised an alarm over the rapid rise of AI-enabled financial scams in India in a devastating report that analysed some cases, including a deep fake video of Union Finance Minister Nirmala Sitharaman.
-
Budget 2025 Answers Expectations, Raises Questions For Gulf NRI Businesses
Union Budget's emphasis on digital infrastructure, AI innovation, and 5G expansion was welcomed by Bhavesh Talreja, Founder and CEO, Globale Media.
-
‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
-
Paytm Shares Jump After Reports On CEO's Met With RBI, Finance Minister
Paytm shares climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO had met Finance Minister Nirmala Sitharaman and the RBI to try to resolve a regulatory crackdown on its payments bank business.
-
E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
-
Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
-
India's Public Goods Available For Countries That Need It: Finance Minister In US
Observing digitalisation has become the biggest advantage in India in the last two years, Union Finance Minister Nirmala Sitharaman on Thursday said that India's public goods are available for countries that need them.
-
Not The Right Time To Make Digital Payments Chargeable: Finance Minister
Union Finance Minister Nirmala Sitharaman said on Friday that the central government believes that this is not the right time to make digital payments chargeable.
-
Taking Action Against Dubious Digital Loan Apps, Indians Who Help Set Them Up, Finance Minister Says
Dubious digital loan apps will face action from the government, including those originating outside the country, along with Indians who help set them up, Finance Minister Nirmala Sitharaman said on Tuesday. The minister was responding to a supplementary question in the Rajya Sabha on reports of dubious digital loan apps backed by Chinese entities w...
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India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
-
India’s CBDC Use-Cases Being Explored for ‘Several Commercial Purposes’ Says Nirmala Sitharaman
India is looking at expanding payment options with its Digital Rupee. The country is exploring potential use cases where its CBDC could come in handy. The development was spoken about by Finance Minister Nirmala Sitharaman during a business conference in San Francisco recently.
-
Finance Minister Sitharaman Says India to Take a Considerate Decision on Crypto Regulation
Flagging concerns over likely misuse of crypto, Finance Minister Nirmala Sitharaman said that India will take a considerate decision on regulation around the virtual currency.
-
Cryptocurrency Brings Risk of Money Laundering, Terror Financing: Nirmala Sitharaman
The biggest risk of cryptocurrency could be its use in money laundering and financing terror, the Indian Union Minister of Finance Nirmala Sitharaman stated during the ongoing meet of the International Monetary Fund (IMF).
