The government's asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by finance minister Nirmala Sitharaman on Monday, is expected to increase India's GDP by approximately Rs 40 lakh crore over the next 5-10 years, noted a report by NITI Aayog.
As per the detailed report released by the NITI Aayog, NMP 2.0 targets to achieve Rs 16.72 lakh crore, including private sector investment of Rs 5.8 lakh crore, from monetisation of assets belonging to 12 sectors, during the course of five years (FY26 to FY30).
Addressing a press conference at the customary post-Budget meeting, the Finance Minister said, "Gold is always an investment for households, seen seasonal spikes during festival season. We are watching it, but not seeing that prices are gone beyond certain limit." On IDBI Bank, Sitharaman
Union Finance Minister Nirmala Sitharaman on Wednesday held a meeting with Norway Prime Minister Jonas Gahr Støre in Oslo and discussed the operationalisation of the EFTA and TEPA agreements, while outlining key areas of collaboration between the two countries, including high-tech manufactur
Union Finance Minister Nirmala Sitharaman held a meeting with Norway's Finance Minister Jens Stoltenberg in Oslo and discussed strengthening bilateral economic cooperation, with both sides agreeing to leverage the Trade and Economic Partnership Agreement (TEPA), especially in the domains of
Union Finance Minister Nirmala Sitharaman arrived in Norway on Monday for a two-day official visit, during which she is scheduled to meet top Norwegian leadership, hold bilateral discussions, and engage with business leaders, investors, and the Indian diaspora.
Finance Minister Nirmala Sitharaman met Christine Lagarde, President of the European Central Bank (ECB), in Munich, Germany, among several other key dignitaries, during her ongoing visit.
India has significantly increased its financial commitment to fighting climate change, with spending on climate action rising from 3.7 per cent of the Gross Domestic Product (GDP) six years ago to nearly 5.6 per cent today. Union Finance Minister Nirmala Sitharaman shared these figures while
Leader of Opposition in the Rajya Sabha and Congress president Mallikarjun Kharge on Friday said a big portion of his speech during the Motion of Thanks to the President's Address on February 4 was removed from the official record without justification.
Union Minister Ramdas Athawale lauded the Finance Minister's response, stating that she answered all the questions from the Opposition. He further criticised the Opposition MPs for creating a nuisance in the house.
Addressing the Rajya Sabha during the reply to the discussion on the Union Budget 2026-27, Sitharaman said, "Congress sheds crocodile tears about rising debt. They want us to borrow more money and also release funds to the States."