Foreign investors selling Indian equities due to ‘profit booking’: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.
Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union Budget 2025-26 in a bid to ensure trade facilitation.
The state finance minister Chandrima Bhattacharya will present the budget on 12 February after the Budget Session will commence on 10 February.
The Q2 GDP growth is expected in November end and it will be the decider to see what further directions and policy measures are needed.
She, however, said the government is not coming up with a complete solution immediately but it is moving towards better supervision and regulation for cooperative banks.
He was accompanied by Finance Minister Nirmala Sitharaman and Minister of State for Finance and Corporate Affairs Anurag Thakur, who too were present at the occasion.
A Twitter user named Rakesh Bhat, replied to the tweet saying 'people are bound to consume poison and die'.
It is for the first time that the Government has admitted that there is a problem with the economy. Earlier Governments had a tradition of appointing outstanding economists to important positions in the Finance Ministry. It is time that the present Government revived this tradition and hired some really talented people, without bothering too much about their ideological inclinations.
