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Union Finance Minister Nirmala Sitharaman on Tuesday (October 13, 2026) said the RBI will continue its efforts to prevent excessive volatility in the rupee, which has depreciated “very significantly” over the past year and a half. She said the rupee has reached a low against the U.S. dollar mainly due to global uncertainties, even though…
The story so far:The Goods and Services Tax (GST) Council met on Thursday (October 8, 2026) for the 57th time since GST was introduced a little more than nine years ago. In the run-up to the meeting, officials in the Finance Ministry said that GST rates would not be discussed in this meeting, something that…
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Union Finance Minister Nirmala Sitharaman addresses the 7th edition of the IITMAA Sangam 2026 annual conference in Bengaluru | Photo Credit: PTI India has not missed the artificial intelligence (AI) or quantum computing bus; rather, a perception largely shaped by overseas media suggests otherwise, Union Finance Minister Nirmala Sitharaman said on Saturday. Speaking at an…
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Finance Minister Nirmala Sitharaman said the Opposition was “searching for issues” and making allegations without fully understanding the matter. | Photo Credit: PTI Finance Minister Nirmala Sitharaman has rejected as “absolutely baseless” allegations by the Opposition that the decision to levy a 0.4% Merchant Discount Rate (MDR) on specified UPI transactions above ₹2,000 was taken…
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Finance Minister Nirmala Sitharaman during a meeting with her Nepalese counterpart Swarnim Wagle, in New Delhi on September 17, 2026. | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman on Thursday (September 17, 2026) met her Nepalese counterpart Swarnim Wagle in New Delhi and discussed the impact of the recent flash floods in Nepal and…
Read More “FM Nirmala Sitharaman meets Nepalese counterpart Wagle, discusses flood recovery” »
Union Minister for Finance Nirmala Sitharaman during a meeting with 3M Chairman and CEO William Brown on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, in Asheville. | Photo Credit: X/@FinMinIndia via PTI Finance Minister Nirmala Sitharaman arrived in the U.S. city of Asheville in North Carolina for the G-20…
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Finance Minister Nirmala Sitharaman invited global investors to set up manufacturing bases, and technology and innovation centres in India, urging them to leverage talent and opportunity to build for the world. Addressing a high-level Business Roundtable with leading investors and business leaders in Chicago on Friday (August 28, 2026), Ms. Sitharaman highlighted India’s broad-based growth,…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Eschewing big-ticket announcements, Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) resorted to a series of customs duty exemptions in the Union Budget to encourage domestic manufacturers of clean-energy components, including lithium-ion batteries and solar cells. The basic customs duty on sodium antimonate,…
Union Finance Minister Nirmala Sitharaman and others during the inaugural session of the two-day ‘PSB Confluence’ (PSB Manthan) ideation conclave organized by the Department of Financial Services (DFS), in New Delhi | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Monday (August 17, 2026) said the government would soon constitute a high-level panel on ‘Banking…
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The government has approved the introduction of one billion polymer banknotes of ₹10 and ₹20 for field trials, Parliament was informed on Tuesday (August 11, 2026). The Reserve Bank of India (RBI), with the recommendation of its central board, had sent a proposal to the government in terms of Section 25 of the Reserve Bank…
Read More “Government approves introduction of one billion polymer banknotes of ₹10 and ₹20” »