The future of global economic growth will be shaped by strategic partnerships rather than traditional multilateral trade, and India is well poised to take advantage of the global transition, said Union Finance Minister Nirmala Sitharaman at Columbia University during her US visit.
During a round-table on 'Investment Opportunities in India' at the New York Stock Exchange (NYSE) finance Minister Nirmala Sitharaman said that India's growth is firmly driven by the vision of Atmanirbhar Bharat (self-reliant India), which focuses on strengthening domestic manufacturing and
The biggest challenge before India is employability says finance minister Nirmala Sitharaman during a fireside chat on India's decadal economic reforms and continued economic growth in New York on October 22.
India's Ambassador to the United States, Vinay Mohan Kwatra, and Consul General of India in New York, Binaya Srikanta Pradhan, welcomed Sitharaman, following her arrival from Mexico City.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday said that Kerala's youth can become powerful brand ambassadors of the Industrial Revolution 4.0, which is guided by advanced technologies such as artificial intelligence, machine learning and more.
"Chief Minister Pushkar Singh Dhami has expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for releasing an instalment of Rs 1992 crore to Uttarakhand under the tax transfer process," read a statement released by the Chief Minister's Office.
The Central Board of Direct Taxes (CBDT) has formed an internal committee to oversee a comprehensive review of the Income-tax Act, 1961 (Act), as was announced in the Union Budget 2024-25 by Finance Minister Nirmala Sitharaman.
The discussion highlighted the strengthening ties between India and Bhutan, with Lyonpo Lekey Dorji expressing gratitude for India's continued development support during Bhutan's 13th Five Year Plan.
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.
Union Finance Minister Nirmala Sitharaman hailed the recently reported remarkable surge in manufacturing jobs and wages for workers in FY-23. As per a government survey, manufacturing jobs have risen by 7.6 per cent and wages saw a 5.5 per cent boost in FY-23.
Youth wing of the Congress party on Tuesday held protests outside the residence of Union Finance Minister Nirmala Sitharaman over the issue of 'Electoral Bond Scheme'.