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Nirmala Sitharaman: News

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.

05 Feb 2026
Kiren Rijiju

Fiery exchange in Rajya Sabha after Modi's LS speech canceled 

The Rajya Sabha witnessed a fiery showdown on Thursday, with Union Minister JP Nadda accusing the Congress of being "held hostage to a naive child," apparently referring to Rahul Gandhi.

04 Feb 2026
Indian Government

India's 100% FDI insurance law to be effective from tomorrow

The Indian government has announced that the new insurance law, which permits 100% foreign direct investment (FDI), will be implemented from tomorrow.

02 Feb 2026
Rahul Gandhi

Rahul Gandhi, Rajnath Singh clash over ex-Army chief's unpublished memoir

The Lok Sabha was thrown into chaos on Monday as Leader of Opposition Rahul Gandhi tried to quote from an unpublished memoir of former Army Chief General Manoj Naravane.

02 Feb 2026
Reserve Bank Of India (RBI)

Indian bond yields hit highest level in over a year

Indian bond yields have surged to their highest level in over a year, following the government's announcement of an unprecedented debt-sale plan.

02 Feb 2026
Donald Trump

'Don't disparage India': Kiren Rijiu tells Rahul Gandhi, quotes Musk

Union Minister Kiren Rijiju has quoted Tesla CEO Elon Musk to counter Congress MP Rahul Gandhi's criticism of the Bharatiya Janata Party-led government's economic policies.

02 Feb 2026
Narendra Modi

Market crash doesn't reflect Budget quality: PM's Economic Advisor

Sanjeev Sanyal, the Economic Advisor to Prime Minister Narendra Modi, has downplayed the recent stock market crash.

02 Feb 2026
Donald Trump

Chidambaram avoids comment on Trump's 'dead economy' remark

Congress MP P Chidambaram on Sunday declined to comment on United States President Donald Trump's "India is a dead economy" statement.

02 Feb 2026
Abhishek Banerjee

'Anti-poor...detached from reality': Opposition parties slam Budget 2026

Opposition parties have slammed the Union Budget 2026, calling it "anti-poor" and "detached" from reality.

01 Feb 2026
Union Budget

Fund allocation for food processing sector reduced in Budget 2026

Finance Minister Nirmala Sitharaman has presented the Union Budget 2026, her ninth consecutive central budget.

01 Feb 2026
Union Budget

Union Budget 2026: Nirmala Sitharaman allocates ₹9,000cr for GECL facility

In the Union Budget 2026, Finance Minister Nirmala Sitharaman has allocated ₹9,000 crore under the Guaranteed Emergency Credit Line (GECL) facility.

01 Feb 2026
Akhilesh Yadav

Rahul Gandhi lists 6 priorities 'ignored' in Union Budget 2026

Leader of Opposition in Lok Sabha, Rahul Gandhi has slammed Finance Minister Nirmala Sitharaman for not addressing key issues such as unemployment and farmer distress in the Union Budget 2026-27.

Ahead of key state elections, ECI funding increased by 25% 

Finance Minister Nirmala Sitharaman presented the budget for the fiscal year 2026/27 on Sunday, which includes a 25.33% hike in funding for the Election Commission (EC).

01 Feb 2026
Aam Aadmi Party (AAP)

PM Modi's visit to Punjab dera sparks political debate

Prime Minister Narendra Modi visited Ballan village in Punjab's Jalandhar district, just hours after the Union Budget 2026-27 was presented in Parliament.

01 Feb 2026
Arunachal Pradesh

Rare earth, rail, freight corridors: Poll-bound states major Budget beneficiaries

The Union Budget 2026 has announced several initiatives aimed at poll-bound states such as West Bengal, Tamil Nadu, Kerala, and Assam.

01 Feb 2026
Union Budget

Your stock buybacks will now be taxed as capital gains

In a major policy shift, Finance Minister Nirmala Sitharaman has proposed taxing the proceeds of stock buybacks as capital gains instead of dividend income.

01 Feb 2026
Union Budget

Union Budget 2026 allocates ₹18,000cr for power distribution reforms

Finance Minister Nirmala Sitharaman has announced an allocation of ₹18,000 crore for the Power Revamped Distribution Sector Scheme (RDSS) in Union Budget 2026.

01 Feb 2026
Union Budget

Union Budget 2026: Railways gets allocation of ₹2.81L crore 

In the Union Budget 2026, Finance Minister Nirmala Sitharaman has allocated ₹2.81 lakh crore to the Ministry of Railways.

01 Feb 2026
Union Budget

Leather exporters get relief in Union Budget 2026

In a bid to boost India's leather exports, Finance Minister Nirmala Sitharaman has proposed duty-free imports of certain specified inputs in Union Budget 2026.

01 Feb 2026
Union Budget

Budget 2026: 'Khelo India Mission' launched to boost sports

Finance Minister Nirmala Sitharaman has announced the launch of a new initiative called the 'Khelo India Mission.'

01 Feb 2026
Indian Government

Union Budget 2026: No change in gold, silver import duties

The Indian government's Budget 2026 has kept the customs duty rates for gold and silver imports unchanged.

01 Feb 2026
Union Budget

Union Budget 2026: Agriculture culture gets ₹1.62 trillion allocation

Finance Minister Nirmala Sitharaman has announced a budget allocation of ₹1,62,671 crore for the agriculture sector in the Union Budget 2026.

Budget 2026: IndiaAI mission gets ₹1,000cr allocation

In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a ₹1,000 crore allocation for the IndiaAI Mission.

01 Feb 2026
Union Budget

Budget 2026: ₹2,000cr incentive scheme announced for UPI, RuPay cards

Finance Minister Nirmala Sitharaman has announced a ₹2,000 crore incentive scheme for Unified Payments Interface (UPI) and RuPay debit card.

What is 'orange economy' Sitharaman mentioned in Budget speech 

Finance Minister Nirmala Sitharaman has announced new measures to support India's "Orange Economy," also known as the creative economy, in the Union Budget for 2026-27.

01 Feb 2026
Narendra Modi

Union Budget 2026-27 roadmap for 'Viksit Bharat 2047': PM Modi

Prime Minister Narendra Modi has praised the Union Budget 2026-27 as a "historic" document and a roadmap for "Viksit Bharat 2047."

01 Feb 2026
Union Budget

Budget 2026: No change in income tax slabs

Finance Minister Nirmala Sitharaman has announced the Union Budget for 2026-27.

01 Feb 2026
Jairam Ramesh

'Completely insipid': Congress's first reaction to Union Budget 2026 

Congress leader Jairam Ramesh has slammed the Union Budget 2026-27, calling it "completely insipid."

01 Feb 2026
Union Budget

You can now file revised ITRs up to March 31

Finance Minister Nirmala Sitharaman has announced several changes in direct tax rules.

01 Feb 2026
Union Budget

Union Budget 2026: Container manufacturing scheme worth ₹10,000cr announced

In a major move, Finance Minister Nirmala Sitharaman has announced a dedicated scheme for establishing a domestic container manufacturing ecosystem.

01 Feb 2026
Union Budget

Budget 2026: New dedicated freight corridor to connect Surat, Dankuni

In her ninth consecutive Union Budget presentation, Finance Minister Nirmala Sitharaman has announced a dedicated freight corridor between Surat in Gujarat and Dankuni in West Bengal.

01 Feb 2026
Budget Session

Budget 2026: Sitharaman announces measures to boost animal husbandry, fisheries

In a bid to boost rural incomes and employment opportunities, Finance Minister Nirmala Sitharaman announced a slew of measures for the livestock and fisheries sectors in her Budget 2026-27 speech.

01 Feb 2026
Business

Budget 2026: New tax reliefs and penalties announced

Finance Minister Nirmala Sitharaman has announced major reforms in the Budget 2026, aimed at simplifying tax administration and reducing litigation.

01 Feb 2026
Om Birla

How long did Sitharaman's ninth Budget speech last 

Finance Minister Nirmala Sitharaman delivered her ninth consecutive Union Budget for FY 2026-27 on Friday.

01 Feb 2026
Subhash Chandra Garg

Budget 2026 sets ₹80,000cr disinvestment target for FY27

The Indian government has set a disinvestment target of ₹80,000 crore for the financial year 2026-27.

01 Feb 2026
Ladakh

Budget 2026: India to boosts astrophysics research, upgrade telescope facilities

In a major push for space science, the Union Budget has announced plans to establish and upgrade four key telescope and astronomy facilities in India.

01 Feb 2026
Union Budget

Budget 2026: What becomes cheaper and costlier for you

Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget earlier today.

01 Feb 2026
Droupadi Murmu

Budget 2026: Sitharaman announces new scheme for Buddhist circuit

Finance Minister Nirmala Sitharaman has announced a new scheme to develop a Buddhist circuit in the northeastern region of India.

01 Feb 2026
Business

Budget 2026: Medicines for 17 cancers to become cheaper 

Finance Minister Nirmala Sitharaman's latest Budget has announced major changes in customs duties, especially for medicines.

01 Feb 2026
Business

Budget 2026-27: India to have 5 medical tourism hubs soon

In the Union Budget 2026-27, Finance Minister Nirmala Sitharaman has announced plans to set up five medical tourism hubs and launch a "Biopharma Shakti programme" with an allocation of ₹10,000 crore over five years.

01 Feb 2026
Sensex

Budget Day jitters: Sensex crashes over 1,300 points

The Indian stock market witnessed a major crash on Wednesday, with the benchmark indices Sensex and Nifty falling sharply.

01 Feb 2026
Economic Survey

Budget 2026: Mental health prioritized as Sitharaman announces 'NIMHANS 2' 

In a major push for mental health, Finance Minister Nirmala Sitharaman has announced plans to set up a second National Institute of Mental Health and Neurosciences (NIMHANS) in North India.

01 Feb 2026
Climate Change

Budget 2026: ₹20,000cr outlay announced for carbon capture and storage

Finance Minister Nirmala Sitharaman has announced a major push for Carbon Capture, Utilization and Storage (CCUS) technology in the 2026 Budget.

01 Feb 2026
Bharti Airtel

Budget 2026: 20-year tax holiday to draw data center investments

In a major move to make India a global digital hub, Finance Minister Nirmala Sitharaman has announced a proposed 20-year tax holiday for foreign companies setting up data centers and cloud computing infrastructure in the country.

Budget 2026: 3 new AIIMS, 1 girls' hostel per district

Finance Minister Nirmala Sitharaman has announced a major initiative in the Union Budget 2026-27. The government will build one girls' hostel in every district of India.

01 Feb 2026
Technology

Budget 2026: India to launch multilingual AI assistant for farmers

In her Budget 2026 speech, Finance Minister Nirmala Sitharaman announced the launch of Bharat Vistaar, a multilingual AI-powered tool.