Mumbai: The Indian economy will develop at a rate of 7.4 per cent in the fiscal year 2023. Union Finance Minister Nirmala Sitharaman stated that the same growth rate would also continue in its next financial year. With the confirmation from RBI, the finance minister, in a program organised in Mumbai, stated that India will […]
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New Delhi: The central government is making special efforts to ensure that international transactions happen in Indian Rupee (INR). Union Finance Minister Nirmala Sitharaman has said that Reserve Bank has taken necessary steps in this regard. Moreover, Sitharaman gave this information in a written reply to a question asked in the Lok Sabha. Last month, […]
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New Delhi: Union Finance Minister Nirmala Sitharaman expressed confidence in the Lok Sabha that there is no possibility of the country landing in recession. The finance minister also pointed out that the World Bank and International Monetary Fund have given the verdict that there is no possibility of a recession in the Indian economy. Finance […]
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New Delhi: Cryptocurrency poses a threat to the country’s economy. Reserve Bank has openly stated its concerns regarding this. Union Finance Minister Nirmala Sitharaman said that citing the threats posed to the economic and financial stability, the Reserve Bank has demanded a ban on Cryptocurrency. The Finance Minister gave this striking information in the written […]
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Chennai: Union Finance Minister Nirmala Sitharaman appealed, ‘The Free Trade Agreements (FTAs) signed with the United Arab Emirates (UAE) and Australia will provide an impetus to the country’s economic growth. The industry sector should reap maximum benefits from this. If they face any problems in this process, they should directly contact the government.’ Finance Minister […]
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Washington: Union Foreign Minister Nirmala Sitharaman said, ‘India is celebrating the Amrit Mahotsav of independence. It has been 75 years since India became independent and now the period till the 100th year will be the golden period. The Non-Resident Indians (NRI) should partner in the development with their contributions’. Finance Minister Nirmala Sitharaman, who is […]
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Washington: India’s Finance Minister Nirmala Sitharaman, during her visit to the US, held talks with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The IMF chief has praised the performance of the Indian economy even during the turmoil and uncertainty due to the Coronavirus pandemic and the recent Russia-Ukraine war. Finance Minister Nirmala […]
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New Delhi – The government has no plans to print more currency notes to alleviate the financial crisis caused by the Coronavirus, Finance Minister Nirmala Sitharaman said. The finance minister made this revelation while answering a question in the Lok Sabha. Stating that the fundamentals of the Indian economy are powerful, Finance Minister Sitharaman assured […]
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New Delhi: The capital fund for rail and road construction has been raised by 34.4% in the budget 2021-22. This enormous capital fund investment for development in the recent budget has laid the foundation for national development, asserted Union Finance Minister, Nirmala Sitharaman. Sitharaman expressed this faith while responding to a press conference on this […]
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New Delhi: Union Finance Minister Nirmala Sitharaman said ‘Foreign investors are showing faith in the Indian economy. That is the reason for the Direct Foreign Investment of $20 billion even during the Coronavirus Crisis.’ Union Finance Minister Nirmala Sitharaman also said ‘The Indian government is committed to making the necessary economic reforms to attract foreign […]
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