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Nirmala Sitharaman
Nirmala Sitharaman (born 18 August 1959) is an Indian politician serving as the Union Minister of Finance and Corporate Affairs since May 2019, and previously as the Minister of Defence. A senior
...Read more- Nirmala Sitharaman quotes Telugu poet Gurajada Appa Rao in her Budget 2025 speech. Who was he?
Budget 2025: Finance Minister Nirmala Sitharaman quoted from revered Telugu poet, playwright and social reformer Gurajada Appa Rao's poem in her Budget 2025 speech.
- FM announces only one reform from new Insurance Bill, others left out
The other reforms, for reasons unknown to me, have been deferred, but will likely be introduced in the very near future, says Ex-IRDAI member
- Budget 2025 was disappointing on capex spend, ball in monetary policy court to drive growth: Pankaj Tibrewal
The central bank is to meet between February 6 and 8, 2025, and is expected to cut rates
- No compensation announced for LPG under-recovery in Budget 2025; OMCs shares tank
Budget 2025: For 2024-25, the government allocated Rs 14,700 crore for total LPG subsidy to the OMCs, showed budget documents. The OMCs have been allocated Rs 12,100 crore for 2025-26 for LPG subsidy.
- Nirmala Sitharaman's Bihar bonanza in Union Budget 2025 sparks hilarious memes
Nirmala Sitharaman's Budget bonanza for Bihar, which will go to polls later this year, has triggered the meme factory on social media with users generating humourous reactions.
- Space industry welcomes move to reduce customs duty on satellite launches and launch vehicles
Annexure D of the Budget Speech document says "ground installation for satellites including its spares and consumables" and "goods used in the building of launch vehicles and launching of satellites" have been reduced to zero.
- Starting FY27, Centre to bring down debt-to-GDP ratio to 49-51% by FY31
Presenting the Budget for 2025-26, Finance Minister Nirmala Sitharaman reiterated the Centre's commitment to link its fiscal deficit glide path to debt-to-GDP ratio
- Funding for the dedicated freight corridor falls sharply in Budget for 2025-26 indicating that the project will be completed soon
The Vaitarna-JNPT section of the western corridor is the last leg of the project which was stuck due to shortcomings of the contractor, Tata Projects. The company was served a termination notice by DFCC in 2023, which was later revoked
- Budget 2025 increases allocation to green energy by 53%
The National Green Hydrogen Mission received Rs 600 crore, double of Rs 300 crore (RE) in FY25
- Union Budget 2025: Nirmala Sitharaman extends period of incorporation for startups till 2030
The Finance Minister has proposed that startups incorporated by April 1, 2030 can avail tax benefits under Section 80-IAC of the Income Tax Act, provided they are eligible, extending the deadline by five years.
- Full speech of Nirmala Sitharaman's Union Budget 2025
Check the full text of Nirmala Sitharaman's speech for Union Budget 2025
- Safety will continue to be the big ticket item for the Indian Railways' capital expenditure spending in 2025-26
Rail minister Ashiwini Vaishnaw recently told Moneycontrol that safety will continue to be the big-ticket item for railways capital expenditure spending in 2025-26
- Budget puts an additional Rs 1 lakh crore in the hands of consumers
A major boost for consumption will also come from indirect tax changes, notably from lowering of basic customs duties of mobile phone inputs.
- Dhan Dhanya Krishi Yojana, National Manufacturing Mission: Key schemes announced by FM Sitharaman
The Union government has launched the PM Dhan Dhanya Krishi Yojana, a new initiative designed to enhance agricultural conditions in 100 districts that have low productivity, moderate crop intensity, and limited access to credit
- Budget 2025 is a gentle nudge for India Inc to start capex cycle
The Finance Minister has announced measures to boost consumption along with incentives to enhance domestic manufacturing and export competitiveness, especially for MSMEs
- 'Completely derailed to regional priority': Here's how leaders reacted to FM Sitharaman's Budget speech
While taking a swipe at the Centre, the Congress on Saturday said while Finance Minister Nirmala Sitharaman spoke of four engines of development, the Budget was "completely derailed".
- Cancer drugs to get cheaper after major healthcare reforms in Budget 2025-26
Union Budget 2025: Finance Minister Nirmala Sitharaman announces adding 36 lifesaving drugs and medicines to the list of medicines fully exempt from Basic Customs Duty.
- Budget announces National Nuclear Energy Mission as India chases clean energy
The Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be amended to realise goal of at least 100 GW of nuclear energy by 2047, Nirmala Sitharaman has said
- Auto stocks rally as budget boosts EV adoption with Solar PV cells and battery ecosystem
On the electric mobility front, India continues to push for increased EV adoption. The Prime Minister’s E-drive scheme, with an outlay of Rs 109 billion, underscores this commitment
- No income tax for Rs 12 LPA: 'Middle class' celebratory memes flood internet on Budget Day
Memes on social media reflected the celebratory mood among middle-class tax payers as finance minister Nirmala Sitharaman announced significant relief.
