Tag: finance minister

Wealth funds warm to active management – and China

MarketJuly 13, 2025

By Libby George and Marc Jones LONDON (Reuters) -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are...

I-T refunds up 6x in 11 years at ₹4.8L crore

EconomyJuly 13, 2025

The income-tax department has issued ₹4.76 lakh crore in refunds in FY25, a staggering increase from ₹83,008 crore in FY14, officials said.This 474% surge in 11 years outpaces the 274% growth recorded in gross direct...

The Budget Builders: Meet the people shaping India’s Union Budget this year

EconomyJanuary 26, 2025

Finance minister Nirmala Sitharaman will present her eighth budget on Feb 1, balancing multifarious demands while attempting to reignite the country’s slowing growth...

Development banks must drive sustainable goals: FM Nirmala Sitharaman

EconomyOctober 27, 2024

New Delhi: Finance minister Nirmala Sitharaman called for enhanced support by multilateral development banks to poor and developing nations, especially from Africa, to...

Indian regulators have done world-class job; made system more transparent: Finance Minister Nirmala Sitharaman

EconomyOctober 8, 2024

Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system....