Nirmala Sitharaman

India holds ground on crypto tax, cuts jail time for defaults
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9 February, 2026

India holds ground on crypto tax, cuts jail time for defaults

In her Budget 2026 presentation, Nirmala Sitharaman announced the continuance of the punitive crypto tax, causing dismay among investors.
India adopts stablecoins, shifting to digital currency strategy
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8 October, 2025

India adopts stablecoins, shifting to digital currency strategy

India's finance minister highlights the growing importance of stablecoins, emphasizing their potential to reduce remittance costs significantly.
Stablecoins forcing banks on yield, Russian stable mocks US sanctions
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7 October, 2025

Stablecoins forcing banks on yield, Russian stable mocks US sanctions

U.S. banks are fighting to limit stablecoin rewards as Congress debates updates to the GENIUS Act, while Russia's state-backed token...
India faces AI talent gap amid rapid adoption: Finance Minister
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30 September, 2025

India faces AI talent gap amid rapid adoption: Finance Minister

India's Finance Minister highlights the urgent need for AI-skilled professionals amidst rapid industry adoption and potential job displacement concerns.
Indian finance minister urges AI-driven overhaul of insurers
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10 June, 2025

Indian finance minister urges AI-driven overhaul of insurers

Apart from emphasizing the critical role of AI in modernizing PSGICs, FM Nirmala Sitharaman also acknowledged the contribution of fintech...
AI, blockchain, analytics transforming finance, banking in India
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12 February, 2025

AI, blockchain, analytics transforming finance, banking in India

The use of AI by banks in India ranges across credit underwriting, regulatory capital planning, liquidity management, and fraud detection,...