#nirmalasitharaman
India, Canada Eye Investment Treaty and ₹4.65 Lakh Cr Trade
India and Canada have agreed to deepen investment and financial cooperation while targeting CAD 70 billion in bilateral trade by 2030. Treaty talks could strengthen investment ties India has expressed its readiness to begin negotiations with Canada on a Bilateral Investment Treaty at the earliest, marking another important step in the revival of economic relations between New Delhi and Ottawa.
India, Canada Eye Investment Treaty and ₹4.65 Lakh Cr Trade
India and Canada have agreed to deepen investment and financial cooperation while targeting CAD 70 billion in bilateral trade by 2030. Treaty talks could strengthen investment ties India has expressed its readiness to begin negotiations with Canada on a Bilateral Investment Treaty at the earliest, marking another important step in the revival of economic relations between New Delhi and Ottawa.
Sitharaman Tells Public Sector Banks to Go Cool for Gen Z
NEW DELHI: Finance Minister Nirmala Sitharaman has urged India’s public sector banks to transform their image among young customers, asking them to become more appealing to Gen Z without compromising responsible banking standards. Speaking at the concluding session of PSB Confluence 2026, Sitharaman said state-run banks should focus on customers aged 16 and above with simple, personalised and accessible services. Banking for Youth was also one of the key themes discussed at the two-day gove
Sitharaman Tells Public Sector Banks to Go Cool for Gen Z
NEW DELHI: Finance Minister Nirmala Sitharaman has urged India’s public sector banks to transform their image among young customers, asking them to become more appealing to Gen Z without compromising responsible banking standards. Speaking at the concluding session of PSB Confluence 2026, Sitharaman said state-run banks should focus on customers aged 16 and above with simple, personalised and accessible services. Banking for Youth was also one of the key themes discussed at the two-day gove
Finance Minister Warns of Banking Security Risks from AI Systems
Nirmala Sitharaman has raised concerns over potential cybersecurity risks to India’s banking sector from advanced artificial intelligence systems, including models developed by Anthropic. The issue was discussed during a high-level meeting with bank heads and key stakeholders. Officials noted that such AI systems are capable of identifying deep vulnerabilities in digital infrastructure, raising fears that they could be misused for cyberattacks if accessed by malicious actors. The government described the emerging threat landscape as increasingly complex, calling for heightened vigilance and stronger preparedness across financial institutions. To address these risks, banks have been advised to strengthen cybersecurity frameworks and adopt proactive measures to safeguard customer data and critical systems. The finance ministry has also recommended establishing robust mechanisms for real-time threat intelligence sharing among banks and relevant agencies. Authorities are working on a coordinated institutional response to ensure faster detection and mitigation of cyber threats. Banks have been urged to collaborate closely with cybersecurity experts and government bodies to enhance resilience against evolving risks. The development comes amid growing global scrutiny of advanced AI technologies and their cybersecurity implications, as financial systems become more digitised and interconnected.
Finance Minister Warns of Banking Security Risks from AI Systems
Nirmala Sitharaman has raised concerns over potential cybersecurity risks to India’s banking sector from advanced artificial intelligence systems, including models developed by Anthropic. The issue was discussed during a high-level meeting with bank heads and key stakeholders. Officials noted that such AI systems are capable of identifying deep vulnerabilities in digital infrastructure, raising fears that they could be misused for cyberattacks if accessed by malicious actors. The government described the emerging threat landscape as increasingly complex, calling for heightened vigilance and stronger preparedness across financial institutions. To address these risks, banks have been advised to strengthen cybersecurity frameworks and adopt proactive measures to safeguard customer data and critical systems. The finance ministry has also recommended establishing robust mechanisms for real-time threat intelligence sharing among banks and relevant agencies. Authorities are working on a coordinated institutional response to ensure faster detection and mitigation of cyber threats. Banks have been urged to collaborate closely with cybersecurity experts and government bodies to enhance resilience against evolving risks. The development comes amid growing global scrutiny of advanced AI technologies and their cybersecurity implications, as financial systems become more digitised and interconnected.
Nirmala Sitharaman Announces 4 Special Lok Adalats for DRT, DRAT Cases in 2026
Union Finance Minister Nirmala Sitharaman on Monday announced that four special Lok Adalats will be conducted in 2026 to expedite the disposal of pending cases before the Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs). A significant number of these cases involve high-value claims exceeding ₹100 crore and have remained unresolved for an extended period, prompting the government to take steps to accelerate the judicial process. Responding in the Lok Sab
Nirmala Sitharaman Announces 4 Special Lok Adalats for DRT, DRAT Cases in 2026
Union Finance Minister Nirmala Sitharaman on Monday announced that four special Lok Adalats will be conducted in 2026 to expedite the disposal of pending cases before the Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs). A significant number of these cases involve high-value claims exceeding ₹100 crore and have remained unresolved for an extended period, prompting the government to take steps to accelerate the judicial process. Responding in the Lok Sab









