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Friday, October 31, 2025
TopicFinance Minister Nirmala Sitharaman

Topic: Finance Minister Nirmala Sitharaman

Nirmala Sitharaman is an Indian politician with the Bharatiya Janta Party (BJP), and has served as Minister of Finance and Minister of Corporate Affairs since 2019 (this is as of March 2024). In the first Modi government, Sitharaman served as the Minister of Defence between 2017 and 2019, thereby becoming India’s second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios.

Sitharaman first joined the BJP in 2004 and was appointed party spokesperson six years later. She was first elected to the Rajya Sabha in 2014. While presenting her first budget, she made a statement by replacing the traditional budget briefcase with a ‘bahi-khata’ with the National Emblem to carry the speech and other documents.

Union ministers Sitharaman, Goyal & Vaishnaw hail GST rate cut as festive season booster

ANI -
Holding press conference Saturday, the ministers said GST rationalisation reforms have boosted consumer demand, lowered prices, and spurred growth in autos, electronics, and FMCG.

Festive seasons align with the rollout of GST 2.0. Citizens to get more money in hand

Meenakashi Lekhi -
The new norm marks a decisive shift from the earlier complex system that created friction for households and small businesses alike.

Govt withdraws new Income-Tax Bill 2025 from Lok Sabha, to table amended bill

ANI -
FM Nirmala Sitharaman Friday moved to withdraw the Income-Tax Bill, 2025, after the BJP MP Baijayant Panda-headed 31-member Select Committee had suggested a few changes to the legislation.

Modi govt withdraws Income Tax Bill 2025, Sitharaman likely to introduce updated bill next week

Udit Bubna -
New Delhi: The Income Tax Bill, 2025 has been withdrawn and an updated version is likely to be introduced in the Parliament next week. In...

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

Udit Bubna -
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

Parliament Monsoon Session: Modi holds meeting with senior ministers

ANI -
Modi held meeting at Parliament House with Union ministers Amit Shah, JP Nadda, Rajnath Singh, Shivraj Singh Chouhan, Nirmala Sitharaman, Kiren Rijiju, and Arjun Meghwal.

‘Said I treated her like bachchi, bitched about her’—behind Sitharaman’s ire at ex-finance secy Subhash Garg

Sanya Dhingra -
From Nirmala Sitharaman to Vasundhara Raje & Chandrababu Naidu, Garg's book 'No, Minister' details years of behind-the-scenes political friction.

Finance Minister Sitharaman promises to boost GCC growth by easing taxation rules, govt support

Kasturi Walimbe -
Speaking at Global Capability Centers Summit in Delhi, the minister highlighted the sector could grow up to $200 billion by 2030 in India.

India’s agriculture & dairy ‘big red lines’ for US in trade talks, says FM Nirmala Sitharaman

Reuters -
As India and the US negotiate a trade deal ahead of Donald Trump's 9 July deadline to impose reciprocal tariffs, Sitharaman wants to have a 'big beautiful agreement'.

How Modi govt saved Rs 11,000 cr in 3 yrs & brought in financial transparency with this pivot

TCA Sharad Raghavan -
This system has also meant that the Centre can transfer money to states for a scheme exactly when they need it, rather than having to park funds in bank accounts for the full fiscal year.
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Opinion

Starbucks was once progressive. It’s now approaching a dangerous spot in culture wars

Bloomberg Opinion -
Former CEO Howard Schultz once told shareholders those who opposed his support of same-sex marriage were free to invest elsewhere. But now, CEO Brian Niccol seems to be selling Starbucks as a place that just, well, sells coffee.

China’s AI Push has scale. But substance?

Here’s how Khilji, Akbar, and Hindu rulers dealt with Halal

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Economy

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

Udit Bubna -
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Defence

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Snehesh Alex Philip -
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

National Interest

Deepfake on duty: when I asked AI to read Op Sindoor citations

Shekhar Gupta -
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.

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