Finance minister Nirmala Sitharaman on Thursday introduced in the Lok Sabha the Securities Market Code Bill that proposes to expand capital market watchdog Sebi’s regulatory power and board strength but tighten provisions of the conflict of interest and accountability for its top functionaries.
Finance Minister Nirmala Sitharaman underscored the significance of leveraging technology for the common good, while warning against its potential misuse. During her address at the Global Fintech Fest 2025, she stressed the necessity of avoiding the weaponization of technology, advocating for its application in ways that benefit the public.
India cut the goods and services tax on small cars, televisions, air conditioners, textiles and a range of household goods from September 22, in a major rate overhaul aimed at spurring consumption ahead of the festive season, even as Trump’s tariffs threaten the country’s exports.
