Nirmala Sitharaman News

Nirmala Sitharaman took over as the Finance Minister of India in 2019 under the Narendra Modi-led government at the Centre after former FM Arun Jaitley stepped aside on health grounds. She is India’s first full-time female Finance Minister. She joined the BJP in 2006 and has come to be known as one of the highly influential figures in the political party. She was named one of Forbes “100 Most Powerful Women” in the world. She presents Union Budgets every year in February. In 2019, reduction in corporate tax rates under her leadership significantly helped the In

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Budget

Budget 2024 expectations: From tax cuts to rural sops- 5 top brokerages share what the Union Budget could reveal

Budget 2024 expectations: Experts are largely convinced that the government will not shift its focus away from fiscal consolidation. Moreover, it may announce measures to address the issue at the lower strata of society.

5 min read15 Jul 2024
Markets

Modi 3.0: As Nirmala Sitharaman back on FM’s chair, share market pundits bet on…

Modi 3.0: India’s Finance Minister Nirmala Sitharaman’s first term was marked by fiscal consolidation and a sharp economic recovery post-COVID. Her second term brings high hopes for continued growth and market stability.

7 min read16 Jun 2024
Markets

IRFC, RVNL, BoB to IRCTC: Is it wise to buy PSU stocks as Nirmala Sitharaman retained FM in Modi 3.0 cabinet?

Modi cabinet 2024: Experts have recommended these nine PSU stocks to buy today — IRFC, RVNL, IRCTC, BoB, Canara Bank, Coal India, Union Bank of India, IOC, and PNB

2 min read11 Jun 2024
Economy

Finance Minister Nirmala Sitharaman urges greater investment in manufacturing at CII Annual Summit

Finance Minister Nirmala Sitharaman emphasised the importance of increasing manufacturing in India and strengthening the sector with policy support at the CII Annual Business Summit 2024 in Delhi.

2 min read17 May 2024
Politics

Worried broker queries FM Nirmala Sitharaman about high taxes in share market, real estate. She replies…

Sitharaman’s response to the question garnered a strong backlash on social networking platform Reddit where users criticized the minister’s statement on the issue.

1 min read16 May 2024
News

GST contributes considerably to state revenues: Nirmala Sitharaman in X post

In a long X platform post, Finance Minister Nirmala Sitharaman said GST contributes significantly to state revenues as they stand to receive 50 percent of IGST and 42 percent of CGST

2 min read7 May 2024
Money

Atal Pension Yojana: War of words erupts between Nirmala Sitharaman and Congress leader Jairam Ramesh

Jairam had quoted a study by Indian Council of Social Science Research to assert that nearly one-third of subscribers who dropped out of the pension scheme did so because their accounts were opened without any explicit permission.

1 min read26 Mar 2024
News

’Every due penny given on time,’ says Finance Minister Nirmala Sitharaman on claims of fiscal bias towards Karnataka

Nirmala Sitharaman said Karnataka’s ₹1.06 crore GST share for 2017-2022 was released in full and no such compensation was due as of March 2024.

2 min read24 Mar 2024
News

Govt plans to invest capex in shorter-duration projects, says finance minister

Nirmala Sitharaman said though several capex projects have long gestation periods of 24 to 36 months or more, monitoring by the finance ministry showed that projects are best developed when the capex is used up within 12 months.

2 min read5 Feb 2024
Markets

Budget 2024 effect: Bajaj Auto, M&M to Maruti Suzuki — auto stocks extend morning gains

Bajaj Auto share price today opened upside and touched a new all-time high of ₹7,765 apiece on NSE during early morning session

2 min read1 Feb 2024
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