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Finance Minister Latest News

India's finance minister on Friday said New Delhi would continue to purchase crude from Russia as its people required oil at a discount after the surge in global prices.

India To Continue Oil Purchases From Russia

Finance Minister Nirmala Sitharaman announced that under the PM Gati Shakti master plan, the Government of India will expand the National Highway (NH) network by 25,000km in 2022-23.

Union Budget 2022: National Highways Network To Be Expanded By 25,000km In 2022-23

The Union Budget 2021, presented by N Sitharaman, India's Finance Minister, has been appreciated by the auto industry. Here's a look at some of the reactions on the 2021 Budget from industry leaders.

Union Budget 2021: Auto Companies Welcome Scrappage Policy Announcement

Minister of Road Transport and Highways (MoRTH) Nitin Gadkari said says that Finance Minister Nirmala Sitharaman's statement on the slowdown in the auto sector contributed by Ola and Uber was misinterpreted. The Union Minister was speaking earlier today at the launch of the BS6 compliant Honda Activa 125 and said that there were, in fact, many reasons for the slowdown. Earlier this week, Sitharaman said that millennials switching to app-based ride-hailing services from cab aggregators like Ola and Uber was the reason for the downturn in the auto industry. The statement was met with a lot of criticism on social media.

Finance Minister's "Ola, Uber" Remark Misinterpreted, Says Nitin Gadkari

India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by a top industry

Government Will Respond To Demand Of Auto Industry: Finance Minister

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