Finance Minister Nirmala Sitharaman

Timelines
Decades of lockdown ends: PM launches auction of coal mines

18 Jun 2020

Decades of lockdown ends: PM launches auction of coal mines

Today, Prime Minister Narendra Modi launched a two-stage electronic auction of coal blocks for commercial mining, saying this will make India self-reliant energy-wise, and help all sectors.

All important decisions taken on farmers, MSMEs during Cabinet meeting

01 Jun 2020

All important decisions taken on farmers, MSMEs during Cabinet meeting

Union Ministers Prakash Javadekar, Nitin Gadkari, and Narendra Tomar addressed media, a short while after Prime Minister Narendra Modi chaired a Cabinet meeting.

Lockdown 5.0: Centre could extend restrictions for two more weeks

27 May 2020

Lockdown 5.0: Centre could extend restrictions for two more weeks

The Central government is mulling extending the lockdown for two more weeks after May 31, when the current bout of restrictions will end, News18 said on Wednesday.

Bitter fight between Piyush Goyal, Uddhav Thackeray over Shramik trains

25 May 2020

Bitter fight between Piyush Goyal, Uddhav Thackeray over Shramik trains

Maharashtra Chief Minister Uddhav Thackeray and Railways Minister Piyush Goyal locked horns over Shramik special trains on Sunday.

Amid coronavirus crisis, RBI extends loan moratorium till August

22 May 2020

Amid coronavirus crisis, RBI extends loan moratorium till August

Addressing the media on Friday, RBI Governor Shaktikanta Das said the central bank has brought down the repo rate by 40 basis points.

Coronavirus: India records biggest spike in cases; tally crosses 90,000

17 May 2020

Coronavirus: India records biggest spike in cases; tally crosses 90,000

India on Saturday reported roughly 4,800 new cases of COVID-19, hitting the biggest spike again—the second time since last Sunday.

Private firms allowed to access ISRO facilities, explore space travel

16 May 2020

Private firms allowed to access ISRO facilities, explore space travel

Finance Minister Nirmala Sitharaman on Saturday announced that the government will boost private participation in the space sector.

No action against employers for not paying wages: Supreme Court

15 May 2020

No action against employers for not paying wages: Supreme Court

Giving a big relief to cash-strapped factory owners, the Supreme Court on Friday junked a circular from Ministry of Home Affairs, which pressurized them to pay full wages to workers, even during the lockdown.

Migrant workers to get free-food for next two months: Sitharaman

14 May 2020

Migrant workers to get free-food for next two months: Sitharaman

Addressing media for the second straight day on the economic package announced by Prime Minister Narendra Modi on Tuesday, Finance Minister Nirmala Sitharaman said today's announcement revolves around migrant workers, small farmers, street vendors, etc.

Coronavirus: Stimulus 2.0 in mind, Modi and Sitharaman hold talks

17 Apr 2020

Coronavirus: Stimulus 2.0 in mind, Modi and Sitharaman hold talks

With economic activity coming to a standstill for almost a month due to the coronavirus pandemic, Finance Minister Nirmala Sitharaman on Thursday met Prime Minister Narendra Modi to discuss a package that could keep the wheels churning.

Lockdown extended: Amit Shah assures there's enough food and medicines

14 Apr 2020

Lockdown extended: Amit Shah assures there's enough food and medicines

After Prime Minister Narendra Modi extended the nationwide lockdown for almost three more weeks today, Home Minister Amit Shah, the second-most important man in the BJP-led government, put out a series of tweets saying that the country has enough stock of food, medicines, and other essential commodities.

Coronavirus cases reach 918 in India; all that happened today

28 Mar 2020

Coronavirus cases reach 918 in India; all that happened today

Even as India entered the fourth day of its 21-day lockdown due to the coronavirus outbreak, the issue of migrant workers remained unresolved.

Coronavirus: Day after Centre's economic package, RBI cuts repo rate

27 Mar 2020

Coronavirus: Day after Centre's economic package, RBI cuts repo rate

RBI has cut repo rate by 75 basis points, bringing it down from 5.15% to 4.4%, Governor Shaktikanta Das told media at a briefing on Friday. The reverse repo rate was reduced by 90 basis points to 4%.

India's coronavirus cases near 700; here's all that happened today

26 Mar 2020

India's coronavirus cases near 700; here's all that happened today

The total number of coronavirus cases in India jumped to 694 on Thursday evening, according to the Health Ministry.

#Coronavirus: India put under complete lockdown for 21-days, declares Modi

24 Mar 2020

#Coronavirus: India put under complete lockdown for 21-days, declares Modi

The entire country will go under complete lockdown starting midnight for 21 days, Prime Minister Narendra Modi announced on Tuesday.

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

24 Mar 2020

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.

Lok Sabha adjourned sine die amid coronavirus crisis

23 Mar 2020

Lok Sabha adjourned sine die amid coronavirus crisis

With coronavirus positive cases continuing to rise across India, the Lok Sabha was adjourned sine die on Monday after the Finance Bill, 2020, was passed without discussion.

ED summons Anil Ambani over Yes Bank money laundering probe

16 Mar 2020

ED summons Anil Ambani over Yes Bank money laundering probe

Reliance Group Chairperson Anil Ambani was on Monday summoned by the Enforcement Directorate in connection with its money laundering case against Yes Bank founder Rana Kapoor.

Mobile phones to get more expensive; GST council raises tax

14 Mar 2020

Mobile phones to get more expensive; GST council raises tax

Mobile phones are expected to become more expensive as the government has raised the rate of Goods and Services Tax (GST) on them from 12% to 18%.

Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted

14 Mar 2020

Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted

Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

07 Mar 2020

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

The Enforcement Directorate on Friday raided the home of Yes Bank founder Rana Kapoor in Mumbai.

Amid Yes Bank crisis, Sitharaman assures depositors' money safe

06 Mar 2020

Amid Yes Bank crisis, Sitharaman assures depositors' money safe

Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.

Before India visit, Trump says 'saving' trade deal for later

19 Feb 2020

Before India visit, Trump says 'saving' trade deal for later

United States President Donald Trump, who is scheduled to visit India on February 24 and 25, indicated the much-talked-about trade deal will not be signed.

On India trip, Trump likely to visit Ahmedabad, Delhi, Agra

08 Feb 2020

On India trip, Trump likely to visit Ahmedabad, Delhi, Agra

US President Donald Trump is taking a leaf from his 'friend' Prime Minister Narendra Modi's book.

Tata Group among companies interested in running 150 private trains

02 Feb 2020

Tata Group among companies interested in running 150 private trains

The Tata Group is among the companies that have indicated an interest in running private trains, Railway Board Chairperson Vinod Kumar Yadav said Saturday.

Old vs new tax regime: Which one is better?

01 Feb 2020

Old vs new tax regime: Which one is better?

Finance Minister Nirmala Sitharaman on Friday presented the Union Budget for the fiscal year 2020-21.

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

01 Feb 2020

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

Union Budget 2020: New I-T Regime lowers tax, removes exemptions

01 Feb 2020

Union Budget 2020: New I-T Regime lowers tax, removes exemptions

In a major development, Finance Minister Nirmala Sitharaman introduced a new simplified tax regime, which is available for those willing to opt out of exemptions and deductions.

Union Budget 2020: Marriageable age for women to be revisited

01 Feb 2020

Union Budget 2020: Marriageable age for women to be revisited

In what shows the government's intent towards improving the lives of women, Finance Minister Nirmala Sitharaman said the government wants to revise the marriageable age of women, which is set at 18 currently.

Budget 2020: Nirmala Sitharaman reveals three themes of Budget

01 Feb 2020

Budget 2020: Nirmala Sitharaman reveals three themes of Budget

As she rose to present her second Union Budget today, Finance Minister Nirmala Sitharaman said the budget for the financial year of 2020-21 revolves around three themes: Aspirational India, Economic development for All, and building a Caring society.

Taking a look at Union Budgets that changed India forever

31 Jan 2020

Taking a look at Union Budgets that changed India forever

Finance Minister Nirmala Sitharaman will present her second Union Budget tomorrow, amid high hopes that her announcements will steer the country's economy, which is witnessing a historic slump, towards the right direction.

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

31 Jan 2020

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

A day before Finance Minister Nirmala Sitharaman will present the Union Budget, the Economic Survey was tabled in the Parliament today.

Violence in name of protests weakens country, says President Kovind

31 Jan 2020

Violence in name of protests weakens country, says President Kovind

President Ram Nath Kovind believes violence under the garb of protests weakens the nation and the strengthening of democracy is paramount.

Will prices of onion, tomato, potato go down? It's unlikely

30 Jan 2020

Will prices of onion, tomato, potato go down? It's unlikely

Onion, tomato, and potato are the most prominent vegetables used across India, but a hike in their prices negatively affected household budgets.

Budget 2020: What to expect? When will it be presented?

17 Jan 2020

Budget 2020: What to expect? When will it be presented?

With the economy in crisis, all eyes are on the upcoming Union Budget for the fiscal year 2020-21.

Bank unions announce nationwide strike on Jan 31, Feb 1

15 Jan 2020

Bank unions announce nationwide strike on Jan 31, Feb 1

Bank employee unions on Wednesday announced a two-day nationwide strike starting January 31.

BJP MP pacifies panicked Bengaluru bank depositors amid RBI restrictions

14 Jan 2020

BJP MP pacifies panicked Bengaluru bank depositors amid RBI restrictions

Days after the Reserve Bank of India imposed regulatory restrictions on a co-operative bank in Bengaluru, Bharatiya Janata Party MP Tejasvi Surya assured panicked depositors that the Finance Minister was personally looking into the matter.

Income Tax relief for middle class likely in Budget 2020

07 Jan 2020

Income Tax relief for middle class likely in Budget 2020

With the announcement of the Union Budget 2020 less than a month away, the Ministry of Finance is apparently looking into providing income tax relief to the middle class.

What Nirmala Sitharaman said after 'Don't eat much onions' remark

05 Dec 2019

What Nirmala Sitharaman said after 'Don't eat much onions' remark

Finance Minister Nirmala Sitharaman on Wednesday said in the Parliament that she doesn't eat a lot of onions or garlic and neither does her family.