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New Delhi: Finance Minister Nirmala Sitharaman on Tuesday lashed out at the ruling West Bengal dispensation saying Trinamool has become a by-word for exploitation and the party has institutionalised corruption. Stating that there is rampant corruption in MGNREGA and PM Awas Yojana in the Trinamool Congress-ruled state and its cadre has been thriving at the…
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday dispelled concerns over a rise in Goods and Services Tax (GST), saying that there is not even one item on which the rate has been increased after the implementation of GST regime. Intervening during Question Hour in Rajya Sabha, Nirmala Sitharaman stated that GST rates have been…
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday said the Indian economy will continue to be the world’s fastest-growing economy backed by the increase in the government’s capital expenditure in the Budget for 2025-26 and rising consumption levels, especially in the rural areas. In her reply to the Union Budget debate in the Lok…
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Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, on February 11, 2025. | Photo Credit: PTI The Government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday (February 11, 2025) She said the effective…
Image used for representation only. | Photo Credit: Getty Images The story so far: With the government providing a tax stimulus through income tax breaks to boost consumer spending and the RBI cutting interest rates for the first time in nearly five years, Finance Minister Nirmala Sitharaman on Saturday said she was quite optimistic of…
Read More “Is private investment expected to rise? | Explained” »
Union Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra and Directors at a meeting in New Delhi on February 8, 2025. | Photo Credit: PTI With the Reserve Bank of India (RBI) following up the Union Budget’s demand stimulus for the slowing economy with a long-awaited interest rate cut, Finance Minister Nirmala Sitharaman said on…
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Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Increasing foreign investment limit in the insurance sector to 100% from 74% is likely to attract more global players in the growing Indian insurance market, Moody’s Ratings said on Tuesday (February 4, 2025). Additionally, strong premium growth is expected to boost profitability of the…
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New Delhi: Finance Minister Nirmala Sitharaman, who presented the Union Budget yesterday, clarified that the asset monetisation plan is not a substitute to disinvestment. Speaking to NDTV Editor-in-Chief Sanjay Pugalia on Sunday, Ms Sitharaman said, “Asset monetisation is not a substitute for disinvestment. Asset monetisation has been going on and will continue. In the 2nd…
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New Delhi: Finance Minister Nirmala Sitharaman said the Centre has introduced custom duty rationalisation to ensure the Indian economy becomes aatmanirbhar (self-reliant). Ms Sitharaman was responding to NDTV’s Sanjay Pugalia on whether the budgetary announcement of reducing custom duty for many automobiles, which will benefit companies like Tesla and Harley Davidson, is a signal amid…
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A file image of Buggana Rajendranath Reddy | Photo Credit: The Hindu The YSR Congress Party has slammed Chief Minister N. Chandrababu Naidu for not mounting pressure on the Centre to get more sops to the State and letting go of the advantage to Bihar State. Speaking to the media in Kurnool on Saturday (February…
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