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Who is Nirmala Sitharaman

Nirmala Sitharaman

About Nirmala Sitharaman

Who is Nirmala Sitharaman

Nirmala Sitharaman is a prominent Indian politician and a senior leader in the Bharatiya Janata Party (BJP), currently holding the portfolios of the Ministry of Finance and the Ministry of Corporate Affairs in the Prime Minister Narendra Modi-led government. She is also a Member of Parliament in Rajya Sabha from Karnataka constituency. She is the first full-time woman Finance Minister of India, a position she assumed in May 2019. Earlier, Indira Gandhi had briefly held the finance portfolio as an additional charge while serving as Prime Minister. Sitharaman presented the government's first Budget of its second term on July 5,
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Latest Updates on Nirmala Sitharaman

States should use borrowings for asset creation, not handouts: FM

Sitharaman underscored that taking loans to create public infrastructure yields a positive economic impact and generates employment for the next 50 to 60 years

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Updated On : 25 Jun 2026 | 7:09 PM IST

Amid fiscal worries, govt puts PSU share sales on fast track to raise funds

As part of the stake-sale drive, an OFS in LIC is also likely to be launched "very soon"

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Updated On : 25 Jun 2026 | 12:07 AM IST

Centre orders corrective measures after Jitu Munda incident in Odisha

The response from the Centre came in the wake of a letter written by Patnaik to Union Finance Minister Nirmala Sitharaman on May 2 seeking exemplary action against officials of the bank

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Updated On : 23 Jun 2026 | 11:04 AM IST

Northeast has potential to become India's next growth engine: Sitharaman

The Finance Minister said the region's strengths in sustainable agriculture and premium organic produce could drive a new phase of economic growth

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Updated On : 19 Jun 2026 | 2:35 PM IST

Turning the tide: India must address fundamental gaps in external account

Easing West Asia tensions may stabilise India's external accounts, but policymakers must focus on boosting FDI, exports and long-term capital inflows

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Updated On : 16 Jun 2026 | 10:13 PM IST

More measures on anvil to attract global flows, says FM Sitharaman

Sitharaman says govt working to make investments more attractive

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Updated On : 15 Jun 2026 | 11:45 PM IST

Centre taking more steps to attract foreign capital, says FM Sitharaman

FM said measures taken by the government to exempt withholding tax on interest and capital gains tax made by foreign investors in G-secs will be the first step towards drawing foreign capital back

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Updated On : 15 Jun 2026 | 1:10 PM IST

Time for lenders to rethink MSME credit beyond collateral-based models

Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses

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Updated On : 15 Jun 2026 | 10:46 AM IST

FM says Rahul Gandhi undermines India's gains, rejects looming crisis claim

At a BJP event, the finance minister said Rahul Gandhi was using Lok Sabha speeches to decry India's progress even during crises such as Covid-19 and West Asia

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Updated On : 14 Jun 2026 | 1:46 PM IST

Fertiliser subsidy bill likely to double to ₹3.4 trillion in FY27

Rising global fertiliser prices and support extended to oil retailers are squeezing fiscal space, though the government says its capital expenditure plans remain unchanged

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Updated On : 09 Jun 2026 | 11:50 PM IST

FM Sitharaman to review flagship schemes, RRBs in West Bengal: Report

Last month, BJP came to power with a landslide victory in West Bengal replacing Trinamool Congress, which had ruled the state for 15 years

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Updated On : 09 Jun 2026 | 8:59 PM IST

Over 580 mn Jan Dhan accounts bring crores of Indian into banking system: FM

The Jan Dhan scheme has ensured that benefits under welfare schemes, low-cost insurance, and pensions reach without leakages, the Finance Minister's office said

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Updated On : 08 Jun 2026 | 3:18 PM IST

India needs fiscal space, not just subsidies, to weather crises

If India had created more fiscal space in the three good years following the end of the Covid crisis in 2022-23, it would have more options to deal with the current one

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Updated On : 04 Jun 2026 | 12:26 AM IST

Tax rebates: FY26 provisional expenditure, revenue show need for a rethink

The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates

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Updated On : 02 Jun 2026 | 11:34 PM IST

FM Sitharaman forgot fourth F - falling private investment: Congress

Congress targets Centre over economy, says Sitharaman ignored "fourth F" of falling private investment

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Updated On : 27 May 2026 | 12:47 AM IST

FM Nirmala Sitharaman flags 3 Fs: Fuel, fertiliser, foreign exchange

Says West Asia crisis bringing several uncertainties for businesses, common people

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Updated On : 25 May 2026 | 11:10 PM IST

FM Nirmala Sitharaman pitches customised credit models for MSMEs

FM Nirmala Sitharaman urged SIDBI and banks to adopt customised, cash-flow-based lending instead of standardised credit products for MSMEs

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Updated On : 25 May 2026 | 10:55 PM IST

India offers talent, growth opportunities via GIFT city: FM Sitharaman

Nirmala Sitharaman says GIFT City showcases India's scale, talent and technology as banking assets cross $110 billion at the IFSC hub

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Updated On : 22 May 2026 | 10:39 PM IST

Sitharaman, US envoy Gor discuss deepening India-US economic partnership

The finance minister and US Ambassador Sergio Gor discussed fintech collaboration, investment opportunities and bilateral economic ties amid ongoing trade negotiations

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Updated On : 20 May 2026 | 11:02 PM IST

Congress should stop being 'obstructionists', says FM Nirmala Sitharaman

Responsible Opposition does not engage in fear-mongering, says FM Sitharaman

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Updated On : 19 May 2026 | 10:11 PM IST