New Delhi, June 1 (IANS) India has succeeded in restricting its fiscal deficit to the 4.4 per cent of GDP target fixed for the financial year 2025-26, reflecting the robust state of government finances at the end of the year, official data released on Monday showed. The fiscal deficit, which shows the difference between government revenue and expenditure, stood at Rs 15.19 lakh crore in FY26.Data released by the Controller General of Accounts (CGA) showed revenue collections remained strong duri…
Latest Nirmala Sitharaman News & Updates
New Delhi, May 30 (IANS) The government’s decision to temporarily exempt all customs duties on cotton imports will improve raw material availability and ease pressure on the textile and apparel value chain, the industry said on Saturday.Welcoming the government’s move, the Apparel Export Promotion Council (Apparel Export Promotion Council) said the measure is expected to reduce input costs, improve cotton availability, and enhance the competitiveness of Indian textile and apparel exports, partic…
Bengaluru, May 28 (IANS) Karnataka Chief Minister Siddaramaiah, who submitted his resignation to the Governor’s Secretary on Thursday, stated that the Congress Legislature Party (CLP) meeting and the party high command would take the final decision on the next Chief Minister of Karnataka.Addressing a press conference alongside Deputy Chief Minister and Karnataka Congress President, D.K. Shivakumar, and Home Minister G. Parameshwara, Siddaramaiah made the remarks while smiling and looking towar…
New Delhi, May 27 (IANS) Kerala Chief Minister V. D. Satheesan on Wednesday met Union Home Minister Amit Shah in the national capital, marking their first meeting after he assumed his office.The meeting comes a day after Satheesan held discussions with Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman as part of his two-day visit to the national capital.Sources said several issues concerning Kerala, including the state’s financial situation, pending central assistance …
Chennai, May 27 (IANS) Congress MP Manickam Tagore on Wednesday launched a sharp attack on the DMK and AIADMK leadership over the ongoing Mekedatu dam controversy, questioning the silence of Opposition Leader Udhayanidhi Stalin and former Chief Minister Edappadi K. Palaniswami on Karnataka’s proposed project across the Cauvery River. The Congress leader strongly backed Tamil Nadu Chief Minister C. Joseph Vijay’s recent letter to Prime Minister Narendra Modi seeking the immediate rejection of…
New Delhi, May 27 (IANS) Tamil Nadu Chief Minister Joseph C. Vijay is set to visit New Delhi on Wednesday in his first official trip to the national capital after assuming office.During the visit, he is likely to meet Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman to submit memoranda seeking enhanced financial assistance for Tamil Nadu and faster approvals for several key infrastructure and development projects.According to sources, Vijay is expected to leave for Delh…
New Delhi, May 26 (IANS) Kerala Chief Minister V.D. Satheesan on Tuesday made his first official visit to New Delhi after assuming office, holding crucial discussions with Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman on the state’s worsening financial condition, pending projects and the state’s future development roadmap. Addressing the media after the meetings, Satheesan said the Centre was briefed about Kerala’s priorities and the need for support for the state’s …
Chennai, May 26 (IANS) Tamil Nadu Chief Minister Joseph C. Vijay is set to visit New Delhi on Wednesday in his first official trip to the national capital after assuming office, marking another significant political milestone following his dramatic rise in the state’s political landscape and the formation of Tamil Nadu’s first coalition government in decades.According to sources, Vijay is expected to leave for Delhi on Wednesday and return to Chennai on the same day.During the visit, he is lik…
New Delhi, May 26 (IANS) Bharatiya Janata Party (BJP) leader Amit Malviya on Tuesday slammed Congress MP Jairam Ramesh for putting forward “alarmist and misleading” arguments to criticise the economic policy of the government. Ramesh, who is also the Congress party’s communications chief, stated on X that Finance Minister Nirmala Sitharaman was focusing on the “3Fs”, fuel, fertilisers, and forex, but was overlooking the “all-important fourth F: falling rates of private investment tha…
New Delhi, May 26 (IANS) In his first meeting with Prime Minister Narendra Modi after leading the Congress-led UDF to a sweeping victory in the Kerala Assembly elections, Chief Minister V.D. Satheesan on Tuesday held crucial talks with the PM in New Delhi, signalling the start of the new state government’s engagement with the Centre.The PMO office posted pictures of the meeting between the two.The nearly 20-minute meeting at the Prime Minister’s Office assumed political significance, coming …