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The Latest Breaking News from Nirmala Sitharaman

FM asks lenders to go beyond standard loans, design credit repayments around biz cycles

Finance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment structures that align with the specific income cycles of different businesses. This initiative aims to provide tailored credit solutions for MSMEs, supporting their growth and contributing to a stronger middle…

The Economic Times

West Asia crisis not a diplomatic issue, will lead to higher fuel costs for common man: Finance Minister Nirmala Sitharaman

Fuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis means higher fuel costs for citizens. The government is foregoing Rs 1 lakh crore in revenue. This is due to excise duty cuts on petrol and diesel. The government aims…

The Economic Times

The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain

In light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman is advocating for a concentrated approach to managing fuel, fertiliser, and foreign exchange resources. Prime Minister Modi's recent appeals to conserve foreign currency and reduce discretionary imports underscore this…

The Economic Times

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GIFT City showcases India’s scale, growth opportunities to global investors: Sitharaman

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India's financial growth. GIFT City offers a unique blend of scale, technology, and talent. It is becoming a key hub for global finance, attracting significant investments and entities. Continued coordination will…

The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

The Economic Times

Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala Sitharaman

Uber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadrupling of earners on Uber's platform since 2022, emphasising partnership for India's development. The visit occurs amid heightened competition and Uber's focus on premium services and fleet operator investments.

The Economic Times

India must leverage its digital verification architecture to evolve into a trust-based economy

India faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this issue. The nation must shift towards a trust-based system by rewarding responsible conduct. Leveraging digital infrastructure like Aadhaar and UPI offers a path to reduce friction and build trust. This transition…

The Economic Times

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Indian firms don’t want to invest in India

Indian companies are not investing as much as the government expects them to. Despite tax cuts and infrastructure spending, businesses have been hesitant. Officials blame this on a lack of appetite for expansion, but the real reasons possible include high political risk and unpredictable policies.

The Economic Times

Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investors

Quantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promises huge returns on small investments with zero risk and government guarantee.

The Economic Times

Union Minister Hardeep Singh Puri Denies Lockdown Rumours in India

Union Minister Hardeep Singh Puri on Thursday dismissed circulating rumours about a possible nationwide lockdown in India, calling them “completely false.” Puri emphasized that the government is not considering any such measure and urged citizens to remain calm, warning that spreading misinformation during a global crisis is “irresponsible and harmful.”

Whats Hot

Govt Cuts Petrol and Diesel Duties to Protect Consumers

In a decisive move to protect citizens from surging global energy prices, the Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, announced on Friday that the government has reduced excise duties on petrol and diesel. Petrol duty has been cut from ₹13 per litre to ₹3, while diesel…

Whats Hot

India slashes aid to Bangladesh by half amid diplomatic tensions

New Delhi cuts Dhaka funding amid strained ties, while Bhutan remains top aid recipient

The Independent UK

5 Budget 2026 Decisions That Could Change Life for Girls

Budget 2026 did not speak about girls through emotional slogans. It addressed the real reasons girls drop out of education, remain financially dependent, or never enter the workforce. In her speech and budget documents, Finance Minister Nirmala Sitharaman focused on access, safety, economic participation, and long-term continuity rather than one-time…

Times Life

From ‘unremarkable’ to ‘long-game’: How the press read Sitharaman’s hand

There were no headline-grabbing giveaways, no sweeping tax cuts, no “big bang” reforms designed to dominate prime time. Nirmala Sitharaman’s ninth budget seemed to match an economy that, at least on paper, is doing well considering global turbulence, and therefore needs steady steering more than fixing.

Newslaundry

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Newslaundry

Health budget grows every year. So why isn’t public healthcare improving?

Finance Minister Nirmala Sitharaman announced a Rs 1.06 lakh crore health budget for 2026-27, a 9 percent increase from the current financial year. Yet persistent gaps in utilisation, staffing and quality suggest higher allocations alone cannot fix India's public health crisis.

The Independent UK

India's budget boosts infrastructure spending while vowing fiscal discipline

Prime Minister Narendra Modi’s government has presented an annual budget focused on sustaining economic growth despite volatile markets

Al Jazeera

‘In a nightmare’: India braces for big layoffs as Trump’s tariffs bite

From textile factories to shrimp peeling units, hundreds of thousands of workers could lose jobs, say traders.

International Business Times

India Exporters Cautiously Optimistic As US Tariff Deadline Looms

Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump's punishing tariffs next week, though many hold out hope for a last-minute reprieve.

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Evening Standard

Visas not an issue in UK trade talks, insists India's top diplomat in London amid Trump tariff chaos

Vikram K Doraiswami stressed that his country wanted Indian companies to be able to move staff to Britain ‘more easily’ as part of an agreement, but their focus was on hiring locally

Evening Standard

UK visa sticking point 'almost agreed' in Government trade deal talks with India

Britain and India have speeded up talks for a free trade agreement amid growing economic instability due to Donald Trump’s tariffs

Dynamite News

UK, India look to boost economic ties, secure FTA

The UK Chancellor of the Exchequer Rachel Reeves held talks with Indian Finance Minister Nirmala Sitharaman as part of the 13th UK-India Economic and Financial Dialogue (EFD) in London

Evening Standard

UK-US deal or eased tariffs ‘won’t be enough’, Starmer warns

Donald Trump later said he would be pausing tariffs on most nations for 90 days.

The Guardian - UK

‘We are nearly there’: UK and India agree 90% of free trade agreement

Exclusive: Question of visas for Indian workers said to be nearly resolved and deal may be finalised this year

The Independent UK

India looks to speed up trade deal talks with UK as Trump tariffs kick in

Indian finance minister hoping to sign free trade agreement ‘sooner rather than later’

The Guardian - UK

Starmer rejects claim there are ‘strong arguments’ for suspending fiscal rules amid US tariffs – as it happened

The PM doubled down on his insistence the government won’t change its fiscal rules, describing them as ‘ironclad’ and ‘non-negotiable’

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