THE TRUTH ABOUT: Nirmala sitharaman - Caught on Camera

Nirmala Sitharaman holds talks with global financial leaders in Singapore, pitches for boosting investment in India

Finance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included infrastructure, renewable energy, and artificial intelligence projects within India’s economy. Executives from various financial institutions explored engagement opportunities through GIFT IFSC and NIIF. The aim is to enhance investment flows and deepen ties…

The Economic Times · 2h ago

Karnataka CM Shivakumar hints at "good news" on pending central grants after GST Council meet

Karnataka Chief Minister DK Shivakumar addressed media after the GST Council meeting concerning pending central grants. He mentioned that Union Finance Minister Nirmala Sitharaman provided some encouraging updates on this matter. Shivakumar opposed the proposal for criminal cases against those not paying GST, advocating for a more constructive approach. The…

The Economic Times · Oct 9

GST reforms 2026: Govt plans faceless, centralised CGST system for 2 lakh multi-jurisdiction taxpayers

GST reforms 2026 will move around 2 lakh businesses operating across multiple CGST jurisdictions towards a centralised, faceless tax administration, Finance Minister Nirmala Sitharaman said. The framework will cover scrutiny, audits, adjudication, appeals and taxpayer services, with public consultation planned before Budget 2027 and implementation targeted for FY28.

The Economic Times · Oct 8

Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: Sources

The 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, will on October 8 deliberate significant changes to the GST enforcement framework, including removing the arrest powers of GST officers.

The Economic Times · Oct 6

Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprises

The Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the government's initiative to create champion MSMEs in India. Finance Minister Nirmala Sitharaman outlined various measures to enhance liquidity support and accessibility to risk capital. Additionally, the…

The Economic Times · Oct 6

Sitharaman sees a ‘plateau’, but India-US trade deal may not be at a dead end yet: GTRI

As India and the US engage in talks for a bilateral trade deal, uncertainties loom over tariff treatments. Finance Minister Nirmala Sitharaman mentioned that the scope for concessions is limited, indicating a plateau. Ajay Srivastava from GTRI cautioned against making unilateral concessions, stressing that additional tariffs might complicate trade relations.…

The Economic Times · Oct 5

Rupee ends flat, anchored by RBI intervention in face of global strains

The Indian rupee ended little changed on Monday, bolstered by central bank interventions during ongoing pressures. A firmer dollar was observed, approaching a 17-month high due to a weak euro's impact. Crude oil prices increased to nearly $103 per barrel, posing risks to India's economy. India's Finance Minister Nirmala Sitharaman…

The Economic Times · Oct 5

India-US trade talks hit a plateau, with little room left to give or take, says Finance Minister Nirmala Sitharaman

India and the US are currently negotiating a trade agreement aimed at expanding market access and addressing trade balance concerns. Finance Minister Nirmala Sitharaman mentioned that both sides appear to have reached a plateau in negotiations. She indicated that further concessions may be challenging following rigorous discussions. Despite this, she…

The Economic Times · Oct 5

Nirmala Sitharaman calls for open, rules-based global economic ties amid geopolitical tensions

At the Kautilya Economic Conclave, Nirmala Sitharaman spoke about fostering international trade policies that are not only open but also predictable. She underlined the critical need for nations to communicate effectively to dissolve geopolitical trade barriers. Highlighting the importance of resilience in the global economy, she introduced the National Critical…

The Economic Times · Oct 3

India's resilience built over past decade, structural autonomy key to future: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained reforms, while stressing the need for greater strategic autonomy and preparedness to deal with emerging global challenges.

The Economic Times · Oct 3