India will maintain its strict investment scrutiny for neighboring countries, Ms Sitharaman said, even as New Delhi improved diplomatic relations with Beijing. The statement was made days before Modi and Chinese President Xi Jinping are likely to meet at the BRICS summit in Russia. This development comes after both countries agreed on the standardized pattern ...

Indian Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament on Tuesday, marking her seventh consecutive budget. Bringing cheer to consumers, she proposed a series of cuts on the customs duties levied on various items. “My proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness and ...

Indian Finance Minister Nirmala Sitharaman holds a folder containing Union Budget documents outside the Ministry of Finance in New Delhi India on July 23,2024. The Union Budget 2024-25 will be presented in the parliament by the country’s finance minister Nirmala Sitharaman (photo:pallav paliwal)

Prime Minister Narendra Modi’s new cabinet, dubbed with Modi 3.0, has taken shape, bolstering stability in key ministries while introducing new faces in several others. On Sunday June 9, Modi along with 30 Cabinet Ministers, 5 Ministers of State with Independent Charge and 36 Ministers of State took the oath, marking the beginning of the ...

Finance Minister Nirmala Sitharaman’s later disclosure with respect to her choice to reject the BJP’s offer to contest elections has started critical discourse inside political circles. Sitharaman candidly revealed that she turned down the opportunity due to budgetary imperatives. In spite of being drawn closer by BJP President J P Nadda with the choice to ...

The 51st GST Council meeting will be presided over by Union Finance Minister Nirmala Sitharaman by videoconference on Wednesday, August 2, at 4 p.m.  The GST Council is expected to decide during the meeting how to calculate the supply value in online gaming and gambling in order to impose a 28 percent tax. The meeting ...

FM Nirmala Sitharaman will participate in a roundtable meeting with business leaders & investors, a directive to the importance of economic diplomacy. Nirmala Sitharaman, the Finance Minister of India, is in Niigata, Japan, for a two-day official tour. On May 12 (Friday), she will participate in a ‘dialogue with associate countries’ in the island nation. ...

India’s FM Sitharaman has called for global consensus to regulate crypto assets. She said that each regulation requires the consent of every country to be effective. India’s Finance Minister Nirmala Sitharaman has stated that global consensus is necessary to regulate crypto assets effectively.  Speaking at an event in Bengaluru, Sitharaman stated that India had included ...

FM Sitharaman and IMF Deputy Managing Director Gita Gopinath have discussed the various issues related to the Indian & global economy amidst the COVID pandemic. The Union Finance Minister Nirmala Sitharaman met with Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), on Tuesday to address debt risks and other matters. ...

Finance Minister Nirmala Sitharaman will attend the 2023 Springs Meetings of the World Bank, IMF & other G20 meetings. She will also co-chair the G20 FMCBG meet. Nirmala Sitharaman, the Union Finance Minister, will be in Washington, D.C. on Monday for the 2023 Spring Meetings of the World Bank Group, the International Monetary Fund, and ...