Finance Minister Nirmala Sitharaman on Wednesday said ‘Operation Sindoor’ is a strong response by India’s armed forces, showing the country shall never tolerate terrorism.

Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba’s base in Muridke.

The military strikes were conducted under ‘Operation Sindoor’ two weeks after the Pahalgam attack that killed 26 civilians.

In a post on X, Ms Sitharaman said under the leadership of Prime Minister Narendra Modi, India will ensure that every perpetrator of terror is pursued.

“#OperationSindoor is a strong response by @adgpi, hitting at the terror hubs in Pakistan. India shall never tolerate terrorism,” Ms Sitharaman posted on X.Finance Minister Nirmala Sitharaman on Wednesday said ‘Operation Sindoor’ is a strong response by India’s armed forces, showing the country shall never tolerate terrorism.

Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba’s base in Muridke.

The military strikes were conducted under ‘Operation Sindoor’ two weeks after the Pahalgam attack that killed 26 civilians.

In a post on X, Ms Sitharaman said under the leadership of Prime Minister Narendra Modi, India will ensure that every perpetrator of terror is pursued.

“#OperationSindoor is a strong response by @adgpi, hitting at the terror hubs in Pakistan. India shall never tolerate terrorism,” Ms Sitharaman posted on X.Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability, the Rs 1 lakh crore ($12 billion) corpus private sector-driven research, development, and innovation scheme, and GIFT-IFSC, among others.

In the presence of Finance Secretary Ajay Seth and Vinay Mohan Kwatra, Ambassador of India to the US, the Finance Minister listened to their views on the reforms pursued by the Indian government, and gave feedback and observation on the existing policy framework.Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability, the Rs 1 lakh crore ($12 billion) corpus private sector-driven research, development, and innovation scheme, and GIFT-IFSC, among others.

In the presence of Finance Secretary Ajay Seth and Vinay Mohan Kwatra, Ambassador of India to the US, the Finance Minister listened to their views on the reforms pursued by the Indian government, and gave feedback and observation on the existing policy framework.

The post quickly garnered social media users’ attention.

Finance Minister Nirmala Sitharaman has responded to a social media post that claimed fraudulent activities in the GST registration process.

Her statement came after a LinkedIn post by Vinod Gupta, founder and director of VG Learning Destination, went viral. Mr Gupta alleged that he would be forced to “commit a crime” by paying a bribe to get a registration number for his firm.

Referring to the post, Ms Sitharaman said, “It is our responsibility to serve taxpayers. But while doing that, we must be honest and transparent, because that’s how we earn their trust. I believe the GST Board and officers will continue to be careful and quick in responding to people’s issues.”Mr Gupta, in his now-viral LinkedIn post, claimed that he hasn’t received the GST number even though he applied for it 20 days ago. He wrote, “Tomorrow I will commit a crime. Giving and taking bribery: both are crimes. I applied for a GST registration number for a firm in which my wife and daughter are partners 20 days ago.”The post quickly garnered social media users’ attention, including Tax Compliance and Litigation Expert Abhishek Raja Ram. He tagged the Central Board of Indirect Taxes and Customs (CBIC) and alleged corruption happening in the GST registration process. He even called out the officials handling the department and urged the top management to interfere.

His post read, “CBIC has no idea of the ground reality of corruption in GST Registrations. Their Executive Officers are so corrupt that even VG Sir has to vent out his frustration. Better top-level Officers take control of Registrations to save the country from corruption.”The CBIC was quick to respond to his post. The board clarified that Mr Gupta filed an application process on May 26 and was assigned to the Delhi State GST jurisdiction and not the Central GST authorities.

It further stated that the application was processed immediately; however, a query was raised because a designation was missing on the rent agreement. This was informed to the applicant; however, there has been no response from his side yet.

During the fourth quarter of FY’25, manufacturing output grew at 4.8 per cent, as against 11.3 per cent in the same quarter of FY’24.

The services sector expanded 7.3 per cent in the March quarter, while the farm sector growth was 5.4 per cent.

Nirmala Sitharaman said every year the Government is working to remove regulatory difficulties and bring in soft-touch regulation, which will allow people to do business without suspicion.

She said she is open to receiving suggestions for removing hurdles to business in easing regulatory hurdles.

“We are at that part of India’s history where it just requires all of us to have confidence in our country’s abilities and belief that we can definitely deliver that goal.. how long more are we going to say we are a developing country.

“When our own people are going all over the world and working at leadership levels in various sectors. ‘It’s time for all of us to get out of the suspicion that we have in our minds, will India be able to do, will India be able to reach? Yes, we can,” she said.

She said in achieving the goal of becoming a developed nation by 2047, the country needs to come out of the evil of petty corruption.”I’m glad, India’s industry.. the manufacturing activity have all been good during Q4 of 2024-25 and there was a real GDP growth of 7.4 per cent in Q4 alone. As a result, for the entire financial year of 2024-25 (April-March), the real GDP growth was 6.5 per cent,” Nirmala Sitharaman said.

During the fourth quarter of FY’25, manufacturing output grew at 4.8 per cent, as against 11.3 per cent in the same quarter of FY’24.

The services sector expanded 7.3 per cent in the March quarter, while the farm sector growth was 5.4 per cent.

Nirmala Sitharaman said every year the Government is working to remove regulatory difficulties and bring in soft-touch regulation, which will allow people to do business without suspicion.

She said she is open to receiving suggestions for removing hurdles to business in easing regulatory hurdles.

“We are at that part of India’s history where it just requires all of us to have confidence in our country’s abilities and belief that we can definitely deliver that goal.. how long more are we going to say we are a developing country.

“When our own people are going all over the world and working at leadership levels in various sectors. ‘It’s time for all of us to get out of the suspicion that we have in our minds, will India be able to do, will India be able to reach? Yes, we can,” she said.

She said in achieving the goal of becoming a developed nation by 2047, the country needs to come out of the evil of petty corruption.She said in achieving the goal of becoming a developed nation by 2047, the country needs to come out of the evil of petty corruption.

Finance Minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services and farm sectors.

She said India’s manufacturing activity has been “good” during the January-March period, which has helped clock a GDP growth of 7.4 per cent during the quarter and 6.5 per cent for the full 2024-25 fiscal.

“India is sustaining the growth, and it is the fastest growing economy now for the fourth year continuously thanks to the work of small, medium, and large industries; industries which are coming in and making sure our manufacturing capacity, our service capacity are all intact. Agriculture has also sustained us even during Covid and subsequently,” Sitharaman said.

The 6.5 per cent GDP growth for FY’25 comes on a high base of FY’24 when the economy grew at 9.2 per cent. The 7.4 per cent growth in the March quarter was also on a high base of 8.4 per cent in FY’24.

Speaking at the Lakshmipat Singhania -IIM Lucknow National Leadership Award, the Minister said during the January-March quarter there were views that industry was not investing enough, capacities were not increasing and questioned its impact on the economy.”I’m glad, India’s industry.. the manufacturing activity have all been good during Q4 of 2024-25 and there was a real GDP growth of 7.4 per cent in Q4 alone. As a result, for the entire financial year of 2024-25 (April-March), the real GDP growth was 6.5 per cent,” Nirmala Sitharaman said.

During the fourth quarter of FY’25, manufacturing output grew at 4.8 per cent, as against 11.3 per cent in the same quarter of FY’24.

The services sector expanded 7.3 per cent in the March quarter, while the farm sector growth was 5.4 per cent.

Nirmala Sitharaman said every year the Government is working to remove regulatory difficulties and bring in soft-touch regulation, which will allow people to do business without suspicion.

She said she is open to receiving suggestions for removing hurdles to business in easing regulatory hurdles.

“We are at that part of India’s history where it just requires all of us to have confidence in our country’s abilities and belief that we can definitely deliver that goal.. how long more are we going to say we are a developing country.

“When our own people are going all over the world and working at leadership levels in various sectors. ‘It’s time for all of us to get out of the suspicion that we have in our minds, will India be able to do, will India be able to reach? Yes, we can,” she said.

She said in achieving the goal of becoming a developed nation by 2047, the country needs to come out of the evil of petty corruption.

Finance Minister Nirmala Sitharaman has responded to a social media post that claimed fraudulent activities in the GST registration process.

Her statement came after a LinkedIn post by Vinod Gupta, founder and director of VG Learning Destination, went viral. Mr Gupta alleged that he would be forced to “commit a crime” by paying a bribe to get a registration number for his firm.

Referring to the post, Ms Sitharaman said, “It is our responsibility to serve taxpayers. But while doing that, we must be honest and transparent, because that’s how we earn their trust. I believe the GST Board and officers will continue to be careful and quick in responding to people’s issues.”Mr Gupta, in his now-viral LinkedIn post, claimed that he hasn’t received the GST number even though he applied for it 20 days ago. He wrote, “Tomorrow I will commit a crime. Giving and taking bribery: both are crimes. I applied for a GST registration number for a firm in which my wife and daughter are partners 20 days agoHe mentioned, “Objections started coming in. Till today, the number has not been allotted. So, I’ve decided to get the GST number tomorrow. I know I will get it after committing the crime.”The post quickly garnered social media users’ attention, including Tax Compliance and Litigation Expert Abhishek Raja Ram. He tagged the Central Board of Indirect Taxes and Customs (CBIC) and alleged corruption happening in the GST registration process. He even called out the officials handling the department and urged the top management to interfere.

His post read, “CBIC has no idea of the ground reality of corruption in GST Registrations. Their Executive Officers are so corrupt that even VG Sir has to vent out his frustration. Better top-level Officers take control of Registrations to save the country from corruption.”The CBIC was quick to respond to his post. The board clarified that Mr Gupta filed an application process on May 26 and was assigned to the Delhi State GST jurisdiction and not the Central GST authorities.

It further stated that the application was processed immediately; however, a query was raised because a designation was missing on the rent agreement. This was informed to the applicant; however, there has been no response from his side yet.Finance Minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services and farm sectors.

She said India’s manufacturing activity has been “good” during the January-March period, which has helped clock a GDP growth of 7.4 per cent during the quarter and 6.5 per cent for the full 2024-25 fiscal.

“India is sustaining the growth, and it is the fastest growing economy now for the fourth year continuously thanks to the work of small, medium, and large industries; industries which are coming in and making sure our manufacturing capacity, our service capacity are all intact. Agriculture has also sustained us even during Covid and subsequently,” Sitharaman said.

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