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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- ITC, Godfrey Philip and VST Industries jump as no hikes in excise duty/NCDD in Budget 2025
The online gaming industry has been seeking 28 per cent GST on gross gaming revenue (GGR) instead of the total amount deposited by players.
- Budget 2025 at a glance: Total expenditure set at Rs 50.65 lakh crore, fiscal deficit target at 4.4% of GDP
Capital expenditure has been set at Rs 11.21 lakh crore, reflecting the government’s focus on infrastructure and asset creation
- Railway stocks tumble after FM Sitharaman mentions no major reforms for the sector in Budget
Shares of IRCTC were trading 3 percent lower at Rs 797 per share, while IRFC shares were down 5 percent at Rs 144 per share. IRCON shares dropped over 6 percent to trade at Rs 207.50 apiece.
- Budget for Tourism Sector: Govt to boost tourism in India with new destinations, medical travel & homestays
FM Nirmala Sitharaman's Union Budget 2025 boosts India's tourism with top 50 destination development, Buddhist and medical tourism, and MUDRA loans for homestays.
- Jal Jeevan Mission extended till 2028 with enhanced outlay to achieve 100% coverage
Budget 2025: The Jal Jeevan Mission, launched in 2019, aims to provide drinking water to every rural household
- Finance Minister Sitharaman announces national framework to accelerate GCC growth in Tier 2 cities
Sitharaman said the measure will enhance the availability of talent, infrastructure, building bye-law reforms, and mechanisms for collaboration with the industry.
- Top 50 tourist destinations to be developed to promote tourism in India: FM Nirmala Sitharaman
FM Nirmala Sitharaman’s Union Budget 2025 unveils plans to develop top 50 tourist destinations, boosting employment, infrastructure, medical tourism, and growth.
- MSMEs get a boost with enhanced credit access, Kisan Credit Card loan limit raised
The step aims to provide farmers with better access to formal credit and reduce their dependence on high-interest informal borrowing, FM says
- Union Budget: Longest and shortest Finance Minister speeches in Indian history
Finance Minister Nirmala Sitharaman's Union Budget speech in 2020 was by far the longest, lasting two hours and 40 minutes.
- Govt announces that financial assistance scheme to enable faster growth of a homegrown shipping industry will be launched in Budget 2025
The shipping industry has long sought that the ministry of ports, shipping and waterways' (MoPSW) capital subsidy scheme – Shipbuilding Financial Assistance Policy (SBFAP) – be extended for shipbuilding by another 10 years under Amritkaal Maritime Vision 2047.
- FDI limit in insurance sector to rise to 100%, says FM
This is applicable only for companies that invest the entire premium collected in India, FM adds
- Govt to ask every infrastructure ministry to come up with a list of projects to be awarded under the PPP model
Introduced in 2019, NIP has a projected investment of around Rs 111 trillion for FY20-25 for developing a comprehensive view of infrastructure development in the country.
- FM Nirmala Sitharaman announces Centre of Excellence on AI for education sector
Finance minister Nirmala Sitharaman said that the new centre of excellence will have an outlay of Rs 500 crore
- Union Budget 2025: Nirmala Sitharaman expands Sidbi Fund of Funds to Rs 20,000 crore
With the fresh allocation, the scheme's total outlay would reach a total of Rs 20,000 crore.
- Renewable stocks gain as Budget 2025 delivers support to clean tech manufacturing
On February 1, when delivering the Budget speech, Finance Minister Nirmala Sitharaman announced a National Manufacturing Mission to support clean tech manufacturing to support domestic production of EV batteries, solar panels.
- Fertliser stocks gain up to 4% as Budget announces measures for agriculture development
Budget 2025: Finance Minister Nirmala Sitharaman unveiled measures aimed at boosting the rural economy, which are expected to benefit the fertiliser sector, as farmers represent its primary consumer base.
- India Post to be transformed into logistics firm, says Finance Minister Nirmala Sitharaman
The government is looking to to increase the revenue of the postal department by 50-60 percent over the next three-four years, Telecom Minister Jyotiraditya Scindia said in September, talking about the logistic push
- Nirmala Sitharaman creates history with 8th consecutive budget
In 2019, she was appointed as India's first full-time woman finance minister when PM Modi won a decisive second term. After Modi came back to power in 2024 for the third time, Sitharaman continued to retain her finance portfolio.
- Agri stocks soar up to 9% as Budget 2025 unveils reforms to support agriculture, farmers
Budget 2025 Impact: Finance Minister Sitharaman announced a six-year mission to achieve self reliance in pulses. Loan limit for Kisan credit cards were also increased to Rs 5 lakh to extend support to farmers.
- Budget 2025: Top quotes from FM Nirmala Sitharaman's speech
India’s economy is expected to grow in the range of 6.3% and 6.8% in 2025-26 from an estimated 6.4% this year, according to the Economic Survey for 2024-25, tabled in Parliament on Friday.
