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.
Insurance Amendment Bill likely in Winter session: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has hinted that the Insurance Amendment Bill, which proposes 100% Foreign Direct Investment (FDI) in the insurance sector, could be introduced in Parliament during the upcoming Winter session.
Modi government keeping watch on rupee's fall against dollar: Sitharaman
Finance Minister Nirmala Sitharaman has said that the Indian government is closely monitoring exchange rates, especially in light of the rupee's depreciation against the US dollar.
Nominal GDP growth may miss FY26 target
India's Chief Economic Adviser (CEA) V Anantha Nageswaran has warned that the country's nominal Gross Domestic Product (GDP) growth for FY26 could fall short of the Budget estimate of 10.1%.
Mahindra SUVs get cheaper by ₹1.5L following GST reduction
Mahindra and Mahindra has announced a price cut across its entire internal combustion engine (ICE) SUV range, effective September 6, 2025.
GST 2.0: ITC shares rally as cigarettes face 40% tax
Shares of tobacco companies, including ITC and Godfrey Phillips India, surged on Thursday despite Finance Minister Nirmala Sitharaman announcing a 40% Goods and Services Tax (GST) rate on cigarettes.
GST on lotteries increased to 40% despite Kerala's plea
The Indian government has increased the Goods and Services Tax (GST) on lotteries from 28% to a whopping 40%.
Sensex surges 700 points: What is driving today's rally?
The Indian stock market is witnessing a major rally today with both the Sensex and Nifty opening significantly higher.
GST Council approves 2-tier tax structure of 5% and 18%
The Goods and Services Tax (GST) Council has approved a two-tier rate structure of 5 and 18%, abolishing the 12% and 28% rates.
Singapore PM Lawrence Wong to make 3-day visit to India
Singapore Prime Minister Lawrence Wong will be on a three-day official visit to India from Tuesday.
Modi government to launch new GST slabs around September 22
The Goods and Services Tax (GST) Council, led by Finance Minister Nirmala Sitharaman, is likely to introduce new GST rate slabs around September 22. The move is aimed at boosting festive demand in India.
Public sector banks see 87% fall in pension fund deposits
Public sector banks (PSBs) have seen a massive drop in pension fund deposits over the last five years, even when the broader banking system continued to gain from this segment.
GST Council to meet in September to discuss 2-slab structure
The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3 and 4, in New Delhi.
Why Modi government might ease FDI norms for solar industry
The Indian government is considering relaxing foreign direct investment (FDI) rules in certain sectors, particularly renewable energy such as solar.
Lok Sabha to take up Jan Vishwas 2.0 bill
The Jan Vishwas (Amendment of Provisions) Bill, 2025, will be introduced in the Lok Sabha by Commerce and Industry Minister Piyush Goyal on Monday.
National Manufacturing Mission to be launched soon: What is it?
The draft of the National Manufacturing Mission, first announced in the Union Budget, is ready.
Lok Sabha passes new Income Tax Bill without debate
The Lok Sabha has passed the revised Income Tax (No. 2) Bill, 2025, and the Taxation Laws (Amendment) Bill, 2025.
Karnataka: GST evasion surges 5x to almost ₹40,000cr in FY25
Karnataka has witnessed a massive five-fold increase in the amount of Goods and Services Tax (GST) evasion detected in the fiscal year 2024-25.
Nirmala Sitharaman tables new Income Tax Bill in Lok Sabha
Finance Minister Nirmala Sitharaman has introduced the new Income Tax Bill, 2025, in the Lok Sabha.
LS, RS adjourned till 2pm amid INDIA bloc protests
The Lok Sabha and Rajya Sabha have been adjourned till 2:00pm on Monday as opposition parties protested in the Parliament.
New IT Bill to be tabled in Lok Sabha tomorrow
Parliamentary Affairs Minister Kiren Rijiju has announced that Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill in the Lok Sabha on Monday.
Income Tax Bill, 2025, withdrawn; new version coming on Monday
The government has withdrawn the Income Tax Bill, 2025, which was tabled in the Lok Sabha on February 13 to replace the six-decade-old Income-Tax Act, 1961.
BJP ministers slam Rahul Gandhi over 'Jaitley threatened me' remark
Senior Bharatiya Janata Party (BJP) ministers have slammed Congress leader Rahul Gandhi for his remarks on the late Arun Jaitley.
Everybody knows Indian economy 'dead' except Modi: Rahul backs Trump
Congress leader and Leader of Opposition in the Lok Sabha, Rahul Gandhi, has slammed the central government over the state of India's economy.
Over 31,500 central government employees enroll in Unified Pension Scheme
Over 31,555 central government employees have enrolled in the Unified Pension Scheme (UPS), as of July 20, 2025.
Tesla's India entry begins July 15 with Mumbai showroom launch
Tesla, the electric vehicle giant led by Elon Musk, is all set to enter the Indian market.
BJP may get first woman president; who are top contenders
The Bharatiya Janata Party (BJP) is reportedly considering appointing a woman as its next national president.
GST relief could lower prices on kitchenware, clothes, and shoes
The Indian government is reportedly considering a reduction in Goods and Services Tax (GST) rates for middle and lower-income households.
Mehul Choksi arrested in Belgium on India's extradition request
Fugitive diamond trader Mehul Choksi, accused in the Punjab National Bank (PNB) loan fraud case, has been arrested by Belgian authorities.
FY26 begins today: How new slabs affect your income tax
India's new income tax regime comes into effect today, marking a major shift in the country's fiscal policy.
Sitharaman to launch 'NITI NCAER' portal tomorrow: What is it?
Finance Minister Nirmala Sitharaman will launch the 'NITI NCAER States Economic Forum' portal in India tomorrow.
T-Series responds after Kunal Kamra accuses them of unfair blocking
Stand-up comedian Kunal Kamra has accused Bollywood studio T-Series of unfairly blocking his controversial stand-up special Naya Bharat on YouTube over alleged copyright violations.
Kunal Kamra's new parody song targets FM Sitharaman
Stand-up comedian Kunal Kamra has released yet another satirical video, this time targeting Finance Minister Nirmala Sitharaman.
'WhatsApp messages helped uncover ₹200cr in tax evasion': Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman defended provisions of the new Income Tax Bill, 2025, on Tuesday.
File updated ITR before March 31 deadline: Here's how
The Income Tax Department has launched a new form, ITR-U, for taxpayers to file updated Income Tax Returns (ITR).
₹3 lakh crore of public money sitting idle with states
An analysis by Emkay Global, a Mumbai-based brokerage firm, has found that the top 19 Indian states are sitting on almost ₹3 lakh crore of public money.
'I know 7-8 languages': Sudha Murthy endorses 3-language policy
Rajya Sabha MP Sudha Murthy has come out in support of the three-language formula under the National Education Policy (NEP), which encourages students to learn multiple languages.
GST rates set to decrease further, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced that Goods and Services Tax (GST) rates will be reduced further.
PM Internship Scheme 2025 registration open: Here's how to apply
The Ministry of Corporate Affairs (MCA) has started the application process for the PM Internship Scheme (PMIS) 2025.
Cancer vaccine for women likely in 5-6 months: Union minister
Union Minister Prataprao Jadhav has announced that a new vaccine for cancers affecting women will be available in five to six months.
You could soon cancel your insurance policies within a year
In a major move, Finance Minister Nirmala Sitharaman has proposed a change to the free look period for insurance policies.