Revelations are based on a leaked trove of documents which detail more than $2 trillion in transactions between 1999-2017, flagged as possible money laundering or criminal activity.
Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.