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    India is readying an economic package to help deal with crisis

    24 Mar 2020

    Finance Minister Nirmala Sitharaman on Tuesday said her ministry was readying an economic package to help the industry deal with the coronavirus crisis.

    Indian Finance Minister for banks’ uninterrupted operation

    29 Mar 2020

    Finance Minister Nirmala Sitharaman asked public and private sector banks to ensure uninterrupted banking operations and flow of liquidity. In a series of tweets, the office of Sitharaman said that she spoke to chiefs of public sector banks and representatives of private banks.

    Indian govt asks states to borrow $32b to meet tax shortfall

    27 Aug 2020

    India’s federal government on Thursday asked state administrations to raise $32 billion in loans, as part of a proposal to cover a shortfall in fiscal receipts that could see a surcharge on the country’s luxury goods tax extended beyond 2022.

    India sees GDP growth slowing to 8-8.5% in 2022-23 as risks rise

    31 Jan 2022

    India has forecast its economy will grow 8 per cent to 8.5 per cent for the fiscal year starting in April, down from 9.2 per cent projected in the current year, as it fights a spike in COVID-19 cases and rising inflationary pressure.

    Public sector banks in India are stable now, says Sitharaman

    12 Sep 2021

    India’s public sector banks are stable now after the prompt corrective actions (PCA) when it was caught in turbulence, said Union Finance Minister Nirmala Sitharaman.

    NRIs in UAE term federal budget positive and people-friendly

    01 Feb 2021

    The Non-resident Indians (NRIs) in the United Arab Emirates termed the India budget for fiscal 2021-22, unveiled by the Finance Minister Nirmala Sitharaman on Monday, positive and a timely step in the right direction.

    India boosts healthcare spending 135%, opens up insurance market

    01 Feb 2021

    India boosted healthcare spending by 135% and lifted caps on foreign investment in its vast insurance market on Monday to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.

    Indian budget gives a boost for promoting affordable housing

    06 Feb 2022

    At a time when the country is slowly recovering from the adverse impact of pandemic, finance minister Nirmala Sitharaman’s budget for 2022-23

    India COVID-19 relief package infused with hope

    01 Jul 2021

    Indian Finance Minister Nirmala Sitharaman had announced on Monday (June 28) a financial package which included bank credit on concessional interest rate to two sectors, health and tourism, amounting to Rs 1.10 lakh crore, in the wake of the destructive

    Modi presents a people-friendly budget – boosts spending, cuts deficit in $550b ahead of 2024 election

    01 Feb 2023

    India announced on Wednesday one of its biggest ever increases in capital spending for the next fiscal year to create jobs but targeted a narrower fiscal deficit in its last full budget ahead of a parliamentary election due in 2024.

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