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Nirmala Sitharaman

Why India's $86-bn bank rescue effort isn't enough to ease the distress

Finance

02 August, 2019

Why India's $86-bn bank rescue effort isn't enough to ease the distress

It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned ......

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

Finance

29 July, 2019

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced ......

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Economy

29 July, 2019

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Finance minister Nirmala Sitharaman, called for a "significant" reduction in the central bank's policy rates and said the government did ......

Govt cuts GST on electric vehicles to boost sales

Manufacturing

29 July, 2019

Govt cuts GST on electric vehicles to boost sales

India on Saturday slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally ......

India to raise big chunk of sovereign overseas debt via 30-year bonds

Finance

25 July, 2019

India to raise big chunk of sovereign overseas debt via 30-year bonds

The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior ......

Sensex, Nifty post second weekly loss, end at worst levels since mid-May

Markets

19 July, 2019

Sensex, Nifty post second weekly loss, end at worst levels since mid-May

Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted over weak ......

Foreign investors could register as companies to get tax relief, says Sitharaman

Finance

18 July, 2019

Foreign investors could register as companies to get tax relief, says Sitharaman

Indian Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors (FPIs) could register as companies to avoid a ......

Govt plan to issue foreign currency bonds faces opposition from RSS wing

Finance

17 July, 2019

Govt plan to issue foreign currency bonds faces opposition from RSS wing

An influential Hindu nationalist group close to Prime Minister Narendra Modi’s ruling party has demanded his government review its plan ......

How the Budget aims to facilitate M&As, boost fundraising for new-age startups

Opinion

16 July, 2019

How the Budget aims to facilitate M&As, boost fundraising for new-age startups

Laying down the vision for a $5 trillion economy, Union finance minister Nirmala Sitharaman announced several proposals in the Budget ......

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

Finance

16 July, 2019

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million ......