Articles about Nirmala Sitharaman

Nirmala Sitharaman is an economist, Bharatiya Janata Party (BJP) politician, and the Finance Minister of India as of 2021. Sitharaman did her BA in Economics from Seethalakshmi Ramaswamy College, Tamil Nadu. She pursued an MA in Economics and an MPhil from the Jawaharlal Nehru University (JNU), Delhi. After completing her education, she stayed in the UK for the next few years, where she worked with PwC and BBC. She returned to India in the 1990s and became an educationist. During 2003-05, she was a member of the National Commission for Women (NCW). In 2006, Sitharaman joined the BJP, and in 2010 she was appointed as the party’s national spokesperson and later planned BJP’s media campaigns. In 2014, when the NDA formed the government at the Centre, Nirmala Sitharaman was sworn in as the Minister of State (MoS) for Finance & Corporate Affairs and later for Commerce & Industry. In 2017, she became India’s first full-time female Defence Minister. After NDA roared back to power in the 2019 Lok Sabha elections, Sitharaman became India’s first full-time female Finance Minister. She has been a Rajya Sabha MP since 2014.

Petrol, diesel prices drop sharply after Centre cuts excise duty

23 May 2022

Business
Petrol, diesel prices drop sharply after Centre cuts excise duty

Fuel prices saw considerable change after Finance Minister Nirmala Sitharaman's Saturday announcement of an excise cut of Rs. 8/liter on petrol and Rs. 6/liter on diesel.

Petrol price cut by Rs. 9.5/liter, diesel by Rs. 7/liter

21 May 2022

Business
Petrol price cut by Rs. 9.5/liter, diesel by Rs. 7/liter

Petrol and diesel prices are set to come down in India as the Centre slashed the central excise duty on fuel on Saturday.

Sitharaman assures Sri Lanka of all possible assistance from India

19 Apr 2022

World
Sitharaman assures Sri Lanka of all possible assistance from India

Finance Minister Nirmala Sitharaman on Tuesday "assured all possible cooperation" to her Sri Lankan counterpart Ali Sabry on the sidelines of IMF-WB Spring Meetings in the US.

Sri Lanka crisis: India to provide additional $2 billion aid

14 Apr 2022

India
Sri Lanka crisis: India to provide additional $2 billion aid

India is considering enhancing its financial assistance to crisis-hit Sri Lanka in the form of credits for essential commodities and balance-of-payment support.

CoinSwitch Kuber suspends crypto purchase and money transfer on app

12 Apr 2022

Business
CoinSwitch Kuber suspends crypto purchase and money transfer on app

Amid the regulatory uncertainties surrounding cryptocurrencies in India, CoinSwitch Kuber has temporarily disabled all modes of payments to purchase digital coins.

Buying discounted oil from Russia in national interest: FM Sitharaman

02 Apr 2022

Business
Buying discounted oil from Russia in national interest: FM Sitharaman

India has started procuring discounted crude oil from Russia despite concerns by the US, the Centre has confirmed.

Taxing cryptocurrency is government's sovereign right: FM Sitharaman

11 Feb 2022

Business
Taxing cryptocurrency is government's sovereign right: FM Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions.

National Tele-Mental Health program to reduce stigma: NIMHANS Director

02 Feb 2022

India
National Tele-Mental Health program to reduce stigma: NIMHANS Director

The National Tele-Mental Health program announced in the Union Budget 2022-23 will help identify mild forms of mental illness, said Dr. Pratima Murthy, Director of the National Institute of Mental Health and Neurosciences (NIMHANS).

'Nal se Jal' scheme gets budgetary boost. What is it?

02 Feb 2022

India
'Nal se Jal' scheme gets budgetary boost. What is it?

The Indian government has allocated Rs. 60,000 crore to the "Har Ghar Nal se Jal" scheme for the financial year 2022-2023, Finance Minister Nirmala Sitharaman said while presenting the annual budget in Parliament.

Union Budget 2022: Here are the key takeaways

01 Feb 2022

Business
Union Budget 2022: Here are the key takeaways

Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented the Budget for the upcoming fiscal year, 2022-2023.

#Budget2022 people friendly, says PM; Rahul Gandhi calls it zero-sum

01 Feb 2022

Business
#Budget2022 people friendly, says PM; Rahul Gandhi calls it zero-sum

Prime Minister Narendra Modi on Tuesday hailed the Union Budget 2022-23 as "people-friendly and progressive."

#Budget2022: Everything you should know about Centre's 'Drone Shakti' initiative

01 Feb 2022

Technology
#Budget2022: Everything you should know about Centre's 'Drone Shakti' initiative

Presenting the Union Budget 2022 on Tuesday, Finance Minister Nirmala Sitharaman announced the "Drone Shakti" project to promote startups in the country.

#Budget2022: What gets costlier, what's cheaper? Check full list

01 Feb 2022

Business
#Budget2022: What gets costlier, what's cheaper? Check full list

Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented her fourth annual budget in Parliament.

#Budget2022: Taxpayers can file updated ITR within 2 years

01 Feb 2022

Business
#Budget2022: Taxpayers can file updated ITR within 2 years

During her Budget speech, Union Finance Minister Nirmala Sitharaman said on Tuesday that the newly updated provisions will be introduced for income tax returns.

#Budget2022: 5G mobile services rollout in FY2022-23, says FinMin Sitharaman

01 Feb 2022

Business
#Budget2022: 5G mobile services rollout in FY2022-23, says FinMin Sitharaman

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in Parliament on Tuesday.

#Budget2022: ECLGS to be extended till March 2023, says Sitharaman

01 Feb 2022

Business
#Budget2022: ECLGS to be extended till March 2023, says Sitharaman

The Emergency Credit Line Guarantee Scheme (ECLGS) will be extended till March 2023, Union Finance Minister Nirmala Sitharaman announced on Tuesday.

#Budget2022: 400 Vande Bharat trains to be introduced, says Sitharaman

01 Feb 2022

Business
#Budget2022: 400 Vande Bharat trains to be introduced, says Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday announced that 400 new Vande Bharat Express trains will be introduced in the next three years.

Union Budget 2022: What the common man is expecting?

31 Jan 2022

India
Union Budget 2022: What the common man is expecting?

With just one day to go for the Budget 2022 presentation, the common man is relying on Finance Minister Nirmala Sitharaman for subsidies, incentives, and tax deductions, among other benefits.

Economic Survey projects 8-8.5% growth rate in 2022-23

31 Jan 2022

Business
Economic Survey projects 8-8.5% growth rate in 2022-23

Union Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2021-22 in the Lok Sabha, which projected an 8-8.5% GDP (Gross Domestic Product) growth rate for the Indian economy in the 2022-23 fiscal year.

Budget Session 2022: President Kovind lauds India's vaccination program

31 Jan 2022

India
Budget Session 2022: President Kovind lauds India's vaccination program

Addressing the Budget Session of the Parliament, President Ram Nath Kovind on Monday lauded the role of India's vaccination program in the fight against COVID-19.

Budget session 2022: What to expect on Day 1?

31 Jan 2022

India
Budget session 2022: What to expect on Day 1?

The Budget session of the Parliament kicked off on Monday with President Ram Nath Kovind's address to both houses.

Evict Vijay Mallya from his luxury London home: UK court

19 Jan 2022

Business
Evict Vijay Mallya from his luxury London home: UK court

A UK court on Tuesday ordered fugitive businessman Vijay Mallya and his family to be evicted from their luxury London house.

GST Council decides to postpone tax hike on textiles

31 Dec 2021

Business
GST Council decides to postpone tax hike on textiles

The Goods and Services Tax (GST) Council Friday decided to defer the proposed hike in GST rate on textiles, said Union Finance Minister Nirmala Sitharaman.

GST changes from January 1: Here's how it impacts prices

27 Dec 2021

Business
GST changes from January 1: Here's how it impacts prices

The Goods and Services Tax (GST) regime will witness a host of tax rate and procedural changes starting January 1, 2022.

Sitharaman, 3 other Indians named among Forbes' 'most powerful women'

08 Dec 2021

India
Sitharaman, 3 other Indians named among Forbes' 'most powerful women'

Union Finance Minister Nirmala Sitharaman made it to Forbes' list of the world's most powerful women in 2021 for the third straight year.

No proposal to recognize Bitcoin: Finance Ministry tells Parliament

29 Nov 2021

Business
No proposal to recognize Bitcoin: Finance Ministry tells Parliament

The Centre said Monday that it has no proposal to recognize Bitcoin as a currency in the country.

Cabinet approves 3% DA hike for central government employees

21 Oct 2021

Business
Cabinet approves 3% DA hike for central government employees

The Union Cabinet on Thursday approved a 3% hike in dearness allowance (DA) and dearness relief (DR) for central government employees and pensioners.

Sitharaman rubbishes reports of coal shortage as 'baseless'

13 Oct 2021

India
Sitharaman rubbishes reports of coal shortage as 'baseless'

Finance Minister Nirmala Sitharaman on Tuesday denied reports of coal shortage in the country and said these are "absolutely baseless."

Swiggy, Zomato will now collect GST. Does it affect you?

18 Sep 2021

Business
Swiggy, Zomato will now collect GST. Does it affect you?

Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.

Nirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'

16 Sep 2021

Business
Nirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'

To reduce the non-performing assets (NPA) of public sector banks, the Union Cabinet approved a plan to set up the National Asset Reconstruction Company Limited (NARCL) or the "bad bank."

GST Council to meet in Lucknow on Friday

16 Sep 2021

Business
GST Council to meet in Lucknow on Friday

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review the tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID-19 drugs.

Telecom reforms: Cabinet approves 100% FDI through automatic route

15 Sep 2021

India
Telecom reforms: Cabinet approves 100% FDI through automatic route

The Union Cabinet on Wednesday approved some much-needed reforms in the telecom sector, including 100% foreign direct investment (FDI) through the automatic route.

CBDT extends deadline for Income Tax Returns till December 31

09 Sep 2021

India
CBDT extends deadline for Income Tax Returns till December 31

The Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2021-22 till December 31.

Kongthong among three entries for UNWTO 'Best Village Contest': Sangma

09 Sep 2021

India
Kongthong among three entries for UNWTO 'Best Village Contest': Sangma

Meghalaya's whistling village Kongthong in East Khasi Hills district has been selected as one of three Indian entries for the United Nations World Tourism Organization (UNWTO) "Best Tourism Village" contest, Chief Minister Conrad K Sangma said.

After backlash, RSS distances self from article calling Infosys 'anti-national'

05 Sep 2021

India
After backlash, RSS distances self from article calling Infosys 'anti-national'

The Bharatiya Janata Party (BJP)-led central government and leading industry bodies are reportedly keeping mum over the RSS-linked Panchjanya's "anti-national" remark against Infosys.

Congress never monetized core, strategic assets: Chidambaram on NMP

03 Sep 2021

Politics
Congress never monetized core, strategic assets: Chidambaram on NMP

Former Union finance minister P Chidambaram on Friday slammed the Centre's National Monetisation Pipeline (NMP), saying his Congress party monetized non-core, loss-making assets when in power, in stark contrast to what the Narendra Modi-led government proposes to do.

Tripura is emerging as a model state: Giriraj Singh

30 Aug 2021

Politics
Tripura is emerging as a model state: Giriraj Singh

Union Minister for Rural Development and Panchayati Raj, Giriraj Singh on Sunday said Tripura is emerging as a model state in the country.

Modi selling crown jewels of India: Rahul Gandhi on NMP

24 Aug 2021

Politics
Modi selling crown jewels of India: Rahul Gandhi on NMP

Congress leader Rahul Gandhi on Tuesday hit out at the Centre over the National Monetization Pipeline, saying that the Narendra Modi government is selling what Congress had built over 75 years.

COVID-induced economic slowdown caused 1 lakh infant deaths in India

24 Aug 2021

World
COVID-induced economic slowdown caused 1 lakh infant deaths in India

India recorded a third of global excess infant deaths in 2020 due to COVID-induced economic slowdown, a World Bank study has found.

Legalized loot, organized plunder: Congress on National Monetization Pipeline

24 Aug 2021

Politics
Legalized loot, organized plunder: Congress on National Monetization Pipeline

The Congress on Tuesday described the government's infrastructure monetization plan as "legalized loot and organized plunder," alleging that the invaluable public assets created over decades are being handed over to a chosen few.

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