Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.
Read MoreThe Union Budget 2020-21 had estimated fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of GDP but India Ratings sees it printing in at Rs 13.44 lakh crore or 7 per cent if the government cleared its payables and roll over some portion of expenditure to 2021-22.
The Economic Survey 2020-2021 will be presented on January 29. It will be the first economic survey by the Centre that will be tabled amid the pandemic.
The Union Budget 2021-22 will be presented by Finance Minister Nirmala Sitharaman on February 1 (Monday). It will be the first budget presentation amid the pandemic.
After the economic downturn due to COVID-19, Finance Minister- Nirmala Sitharaman has raised many hopes for everyone before presenting the 2021 Budget, on February 1.
In an unprecedented initiative, Union Budget 2021-22 will be delivered on February 1 in paperless form for the first time.
The Budget session of Parliament will commence from January 29, with Union Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1. The session will be held in two parts -- from January 29 to February 15 and March 8 to April 8.
Finance Minister Nirmala Sitharaman on Friday said that the government is seeking growth-inducing big ideas and inputs derived from introspection by industry, which would be used for creating a 'budget as never before'.
Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.
Finance Minister Nirmala Sitharaman, US Vice President-elect Kamala Harris, Biocon Founder Kiran Mazumdar-Shaw and HCL Enterprise CEO Roshni Nadar Malhotra have been named among the world's 100 most powerful women by Forbes, a list topped by German Chancellor Angela Merkel for the 10th year in a row.
Finance Minister Nirmala Sitharman on Thursday announced a Rs 900 crore grant to the Department of Biotechnology for COVID-19 vaccine research.
Announcing a new job creation scheme by giving subsidy to those establishments that make new hires, Finance Minister Nirmala Sitharaman on Thursday said the subsidy would be to cover for retirement fund contributions by employees as well as employers for two years.
Union Finance Minister Nirmala Sitharaman on Thursday announced income tax relaxations to allow sale of primary residential units of up to Rs 2 crore value below the circle rate. So far, only 10 per cent difference between the circle rate and the agreement value was allowed.
The Indian economy is witnessing a strong recovery after a long and strict lockdown, Finance Minister Nirmala Sitharaman on Thursday said.
Union Finance Minister Nirmala Sitharaman on Thursday rolled out Atmanirbhar Bharat 3.0 stimulus package to boost economy. The minister announced benefits for new employees hired in EPFO-registered establishments effective October 1, 2020, onward.
The financial inclusion story is not over and banks still have inclusion to carry forward. There are many accounts which are not linked with Aadhaar.
Finance Minister Nirmala Sitharaman will soon announce the next set of stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj said on Tuesday.
Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in the negative zone or near zero in the current fiscal.
All citizens in the country will get free vaccine for coronavirus, said Union Minister Pratap Sarangi on Sunday. Sarangi's remark has come after backlash over BJP's Bihar polls manifesto promise which mentioned free coronavirus vaccine for Bihar state people if party wins, among one of the highlights.
The Bharatiya Janata Party (BJP) on Saturday came out all guns blazing against Congress for its "selective outrage" in wake of the alleged rape and killing of a six-year-old girl, belonging to a migrant family from Bihar, in Punjab.
The sharp price hike of onions started a meme fest on social media. While many memes were about how rich the Jain community will be since they don't consume onions, many others felt that Onions are the diamond in the vegetable world.
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