Nirmala Sitharaman

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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News

Smaller cities to power India's GCC growth: FM

While one new GCC was being established every week in India in 2024, the pace has accelerated to one new GCC every day on average, finance minister Nirmala Sitharaman said.

3 min read9 Jul 2026
Economy

India, France discuss expanding cooperation in critical minerals, rapid rail

Finance minister Sitharaman and her French counterpart Roland Lescure explored greater alignment of their positions at multilateral economic forums, including the G20 and the Paris Club, in the context of India's association with France's G7 presidency.

1 min read3 Jul 2026
Economy

Development finance should be used strategically to improve governance, service delivery in Northeast: FM Sitharaman

Finance minister Nirmala Sitharaman said that externally aided project funding to India's Northeast has risen nearly eightfold to ₹76,000 crore since 2014, and urged states to use such finance to strengthen governance and service delivery.

3 min read19 Jun 2026
News

Nirmala Sitharaman dismisses Rahul Gandhi's ‘economic tsunami’ warning, says he is ‘undermining’ India's achievements

Union Finance Minister Nirmala Sitharaman criticised Rahul Gandhi for ‘undermining’ India's achievements and ‘ignoring’ progress during challenges like the COVID-19 pandemic and conflicts in West Asia, asserting that no crisis is imminent contrary to his claims.

3 min read14 Jun 2026
News

Centre plans fresh Jan Dhan-MUDRA saturation drive in Bengal, eyes wider credit access

The Centre will undertake a fresh saturation drive for key financial inclusion schemes in West Bengal while also pushing for improved credit access, MSME financing and rural lending.

2 min read9 Jun 2026
Money

Sitharaman's video fake, created with AI, clarifies PIB; warns against fraudulent investment scheme claims — Details

The PIB Fact Check unit clarified that a video of Finance Minister Nirmala Sitharaman endorsing an investment platform is fake and was created using AI. It also warned against online investment scams.

2 min read7 May 2026
Companies

AI risks keep me up at night, says Kotak Bank CEO

Kotak Mahindra Bank Q4 profit rose 13%, but CEO flagged rising AI-driven cyber risks.

3 min read2 May 2026
Money

Did Nirmala Sitharaman promote a platform promising ₹30 lakh monthly returns? Here’s the truth

The video, identified as AI-generated, falsely asserts an initial deposit of ₹22,000 can yield ₹30 lakh per month. Citizens are advised to verify information through official sources.

1 min read27 Apr 2026
Markets

FM nudges Sebi to drive common KYC norms, ease investor onboarding

Finance minister Nirmala Sitharaman urges Sebi to anchor a unified KYC regime, strengthen enforcement and surveillance, and protect retail investors amid rising market participation and global risks.

1 min read25 Apr 2026
Economy

India resilient as global economy shifts from ‘shocks’ to 'permanent volatility'

India has sufficient fiscal space to sustain its asset-creating public expenditure, while the central bank has room to cut interest rates to support growth, aided by the government’s commitment to fiscal prudence, finance minister Nirmala Sitharaman said.

3 min read6 Apr 2026