Finance Minister Sitharaman Archives

October 4, 2024 12:07 PM

Government confident of meeting fiscal deficit target for FY25, says Finance Minister Sitharaman

Union Finance Minister Nirmala Sitharaman on Friday reaffirmed the government's commitment to reducing the fiscal deficit from 5.6 percent of GDP in FY24 to 4.9 percent in FY25. Speaking at the Kautilya Economic Conclave, Sitharaman said that the go...

March 1, 2024 8:30 PM

Nirmala Sitharaman launches Rs 1,000 crore infrastructure projects across India

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, made headlines on Friday as she virtually launched a series of infrastructure projects collectively worth over Rs 1,000 crore from the national capital. These projects are poised t...

January 31, 2024 8:26 PM

Government cuts import duty on mobile phone components to 10%

The government has slashed the import duty by 5 percent on some parts used for manufacturing of mobile phones. According to a Finance Ministry notification, duty has been lowered on components such as battery cover, front cover, middle cover, main le...

January 11, 2024 5:42 PM

Finance Minister Sitharaman highlights GIFT City’s role in India’s financial evolution

Finance Minister Nirmala Sitharaman on Thursday said that the Gujarat International Finance Tec-City (GIFT City) can play a pivotal role in realizing India's vision of becoming a developed country by 2047 by acting as a “gateway for financial and i...

November 28, 2023 9:23 AM

Finance Minister Sitharaman urges action on Climate Funding & Technology Transfer at India Global Forum Dubai

In a virtual session at the inaugural India Global Forum Middle East and Africa 2023 (IGF ME&A), India's Finance Minister, Nirmala Sitharaman, demanded tangible action on climate funding and technology transfer ahead of COP28. The event, themed '...