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.
Energy and fertiliser requirements are one of the most immediate challenges being faced by the country, said Finance Minister Nirmala Sitharaman
The court also restrained the ED from issuing summons to KIIFB Chief Executive officer KM Abraham and Joint Fund Manager Ani Jula Thomas for two months in a case related to the issue of 'masala bonds' by the Kerala Infrastructure Investment Fund Board (KIIFB).
The king meanwhile issued a decree on Tuesday ordering a cabinet reshuffle, appointing Saudi Prince Khalid bin Salman as the Defence Minister, Xinhua news agency reported.
Loans given to persons belonging to the SC community by the banks as well as under various loan schemes, such as Stand up India and Pradhan Mantri Mudra Yojana will be reviewed in the meeting.
Sitharaman underlined that India's higher education has contributed to the best of company executives globally and around 25 per cent of all start-ups in Silicon Valley are managed by "people of Indian origin".
