Nirmala Sitharaman

Market ends lower this week on global slowdown worries, India stimulus concerns

Markets

23 August, 2019

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

23 August, 2019

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

20 August, 2019

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

16 August, 2019

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

09 August, 2019

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

08 August, 2019

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

02 August, 2019

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

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...

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...

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...

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