Nirmala Sitharaman
Markets
Market ends lower this week on global slowdown worries, India stimulus concerns
Indian shares rebounded to end higher on Friday, after three sessions of declines, as investors awaited an official announcement...
Finance
Finance minister seeks antitrust whip on global firms abusing dominance
Finance Minister Nirmala Sitharaman on Friday asked the country’s anti-trust regulator to take action against global companies...
Economy
Govt panel suggests across board corporate tax cut to 25%
An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......
Economy
India govt unlikely to unveil economic stimulus before Monday
The government is unlikely to announce any economic stimulus before Monday as more meetings are being planned to discuss a ......
Markets
Nifty, Sensex post first weekly gain since mid-July as govt reviews FPI surcharge
Indian shares ended higher on Friday led by automobiles and financial stocks, and recorded their first weekly gain since mid-July,...
Finance
Govt may roll back tax hike for foreign portfolio investors
India is likely to exempt foreign portfolio investors from an increase in taxes that was part of the budget approved ......
Finance
Govt unveils capital infusion plan for housing finance companies
India is infusing an additional 100 billion rupees in housing finance companies to boost lending in the sector, a government ......
Finance
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...
Finance
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...
Economy
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...