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.

24 Apr 2024

Narendra Modi

Congress's 'inheritance tax' will hit middle, aspirational classes: Sitharaman 

Finance Minister Nirmala Sitharaman said on Wednesday that the Congress's plan to introduce an inheritance tax will harm the middle and aspirational classes.

19 Apr 2024

Lok Sabha Elections

How much does it cost to hold elections in India? 

The first phase of the high-stakes Lok Sabha elections began on Friday.

09 Apr 2024

Bengaluru

Double trouble: Bengaluru tackles heatwave amid water crisis

The soaring temperatures have compounded Bengaluru's challenges, exacerbating its existing struggle with severe water scarcity.

29 Mar 2024

Lok Sabha Elections

Explained: How much it costs to contest elections in India

Union Minister Nirmala Sitharaman has declined Bharatiya Janata Party chief JP Nadda's offer to contest Lok Sabha elections.

24 Feb 2024

Farmers Protest

Protesting farmers pause 'Delhi Chalo' march till February 29

Farmer leaders announced on Friday that the future course of action regarding their "Delhi Chalo" march will be decided next Thursday (February 29).

20 Feb 2024

Paytm

Finance Ministry to meet fintech start-ups amid Paytm crisis

The Finance Ministry is gearing up for a crucial meeting with fintech start-ups next week, in light of the recent actions taken by the Reserve Bank of India (RBI) against Paytm.

13 Feb 2024

PSUs

PSU stock sell-off erodes government wealth by Rs. 3.8 trillion

A significant drop in public sector unit (PSU) stocks has resulted in a loss of nearly Rs. 3.79 lakh crore for the Indian government.

10 Feb 2024

Narendra Modi

Parliament to discuss Ram Mandir, Centre's 'White Paper' today

The final day of Parliament's Budget Session on Saturday is expected to witness heated debates.

08 Feb 2024

Lok Sabha

Finance Minister Sitharaman releases 'white paper' on Indian economy

Union Finance Minister Nirmala Sitharaman on Thursday presented a "white paper" on the Indian economy in the Lok Sabha.

08 Feb 2024

Narendra Modi

Congress counters Modi government's 'white paper' with 'black paper'

The Congress has brought a "black paper" to counter the Narendra Modi government's "white paper" on its performance over the past 10 years.

08 Feb 2024

Pinarayi Vijayan

Kerala cabinet's protest against Modi government in Delhi today

Kerala Chief Minister Pinarayi Vijayan and his Left Front government will stage a protest at Delhi's Jantar Mantar on Thursday against the Centre's alleged "injustice" to the state in fund allocation.

07 Feb 2024

Siddaramaiah

Karnataka MLAs, Congress leaders protest against Centre in Delhi

Karnataka Chief Minister Siddaramaiah led the "Chalo Delhi" protest, against the alleged "step-motherly" treatment of the Centre toward the state, in the national capital on Wednesday.

DMK MP's 'unfit' jibe at minister triggers uproar in House

A discussion on the Centre's flood aid for Tamil Nadu escalated into a massive row in the Lok Sabha on Tuesday.

06 Feb 2024

Pakistan News

Interim budget for J&K more than Pakistan's IMF grant

India has announced an interim Budget of Rs. 1.18 lakh crore for fiscal 2024-25 for the union territory of Jammu and Kashmir.

05 Feb 2024

Lok Sabha

Sitharaman rebuts allegation of withholding funds from non-BJP states

Union Finance Minister Nirmala Sitharaman, on Monday, rejected claims of "discrimination in allocating funds to non-Bharatiya Janata Party (BJP) states," during the Question Hour in the Lok Sabha.

Income Tax e-filing website unavailable from February 3-5: Here's why

The Income Tax department has announced that its e-filing portal will be temporarily unavailable from 2pm on February 3 to 6am on February 5, due to scheduled maintenance activities.

01 Feb 2024

Narendra Modi

Interim Budget 2024: 'Lakhpati Didi' scheme explained

In her budget speech, Finance Minister Nirmala Sitharaman on Thursday announced the government's plans to increase the target of the "Lakhpati Didi" scheme from two crore women to three crore.

01 Feb 2024

Budget Session

Centre lowers fiscal deficit target, divestment goals; increases capex target

Finance Minister Nirmala Sitharaman has announced a fiscal deficit target of 5.1% for 2024-25, a decrease from the revised 5.8% for 2023-24.

01 Feb 2024

Lakshadweep

Interim Budget: Centre's focus on boosting Lakshadweep's tourism, says Sitharaman

During her budget speech on Thursday, Union Finance Minister Nirmala Sitharaman announced the government's plan to ramp up investment in the tourism sector.

01 Feb 2024

Narendra Modi

Working to transform India into 'Viksit Bharat' by 2047: Sitharaman 

Union Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Thursday, delivering the 2024-25 Union Interim Budget in a one-hour speech.

01 Feb 2024

Narendra Modi

'Viksit Bharat' budget lays foundation for developed India: PM Modi

Prime Minister Narendra Modi on Thursday praised the 2024-25 Union Interim Budget presented by Union Finance Minister Nirmala Sitharaman.

01 Feb 2024

Union Budget

Union Interim Budget 2024: Sitharaman raises infrastructure spending by 11%

Union Finance Minister Nirmala Sitharaman on Thursday presented the Union Interim Budget 2024-25 in the Parliament.

01 Feb 2024

Finance

Centre's Rs. 1tn fund offers interest-free loans to boost innovation

Union Finance Minister Nirmala Sitharaman, presented the Interim Budget 2024-25, in the Parliament today.

01 Feb 2024

Business

Budget 2024: No change in income tax slab rates

During her budget speech on Thursday, Union Finance Minister Nirmala Sitharaman announced that income tax slab rates will remain the same for both new and old tax regimes.

01 Feb 2024

Union Budget

Railway Budget: 40,000 Vande Bharat-standard coaches, 3 new corridors announced

Union Finance Minister Nirmala Sitharaman on Thursday announced a capital expenditure of Rs. 2.55 lakh crore for Indian Railways in the new financial year.

01 Feb 2024

Narendra Modi

Finance Minister Nirmala Sitharaman to present interim budget today

Union Finance Minister Nirmala Sitharaman will present the Union Interim Budget 2024-25 in the Parliament on Thursday.

31 Jan 2024

Budget Session

India's fiscal deficit widens to Rs. 9.82L crore in April-December

India's fiscal deficit rose to Rs. 9.82 lakh crore between April-December 2023 from Rs 9.07 lakh crore between April-December in 2022.

31 Jan 2024

Narendra Modi

Modi takes a swipe at opposition ahead of Budget Session

Prime Minister Narendra Modi has called on opposition MPs to avoid disrupting the upcoming Budget Session of Parliament.