President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.
Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".
Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.
The Punjab government has allocated Rs 11,577 crore to home affairs, justice, and jails in the 2026-27 budget, focusing on strengthening institutional capacity, technology-driven surveillance, and prison security.
India on Tuesday expressed deep concern over the escalating conflict in Iran and the Gulf region, urging all sides to exercise restraint and prioritise civilian safety.
The Indian embassy in Tehran has earlier stated that it is facilitating the safe movement of nationals who wish to leave Iran.
Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.
The funeral prayer for former Bangladesh Prime Minister Khaleda Zia will be held on Wednesday in Dhaka. Foreign dignitaries are expected to attend.
The Kremlin has stated that India is free to purchase oil from any country, dismissing claims that India agreed to reduce Russian oil imports. Russia maintains that energy trade with India benefits both nations and contributes to international energy market stability.
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.
Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.
Wong emphasised that sport has become a major pillar of the India-Australia relationship, noting how competitive and respectful the rivalry has grown.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The Maharashtra Highway Traffic Police have advised motorists to avoid the Mumbai-Pune Expressway until regular traffic movement is restored.
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.
Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.
Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.
India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.
Finance Minister Nirmala Sitharaman on Thursday said the government cannot restrain retailers from trading in Futures and Options (F&O) but will definitely create awareness regarding the risks involved in putting money in such instruments.
Afghan Foreign Minister Amir Khan Muttaqi expressed confidence in stronger India-Afghanistan ties following a visit to Darul Uloom Deoband, thanking the people for their warm welcome and indicating plans to send new diplomats to India.
A press conference by Afghan Foreign Minister Amir Khan Muttaqi in New Delhi restricted participation to a select few reporters, notably excluding women journalists, raising concerns about media access and women's rights under the Taliban regime.
Afghan Foreign Minister Amir Khan Muttaqi addressed the controversy surrounding the absence of women journalists at a recent press interaction in New Delhi, stating there was no intention to exclude them. He also discussed trade and investment opportunities between Afghanistan and India.
IPL Auction 2026 was not just about money; it was a celebration of ambition, opportunity, and the unrelenting belief that the next big star could come from anywhere.
The experienced Surya Shekhar Ganguly, GM Raunak Sadhwani and GM Karthik Venkatraman scored comfortable victories while M Pranesh played out a draw to advance to the second round, while IM Aronyak Ghosh defeated GM Mateusz Bartel of Poland to force a tie-breaker, in the FIDE World Cup 2025 in Panaji on Sunday.
Avika Gor wed longtime boyfriend, Milind Chandwani on the sets of their reality show, Pati Patni Aur Panga.
'I hang my head in shame when I see the kind of respect and reception that has been given to the representative of the world's worst terrorist group Taliban, by those who beat the pulpit against all kinds of terrorists'
Chinese Foreign Minister Wang Yi on Friday met Pakistan Army Chief Asim Munir and discussed regional security, counter-terrorism and matters of mutual interest.
If the visit had taken place, then it would have been the first ministerial visit from Kabul to India after the Taliban seized power in Afghanistan in August 2021.
National Security Advisor Ajit Doval stated that India-China relations have shown an "upward trend" in the past nine months, with peace prevailing along the Line of Actual Control (LAC). This statement was made during talks with Chinese Foreign Minister Wang Yi on the boundary issue, ahead of Prime Minister Modi's visit to China for the SCO summit.
'People message me on Instagram saying that because of your novel, I find happiness, it helps me deal with depression. When I see this, I realise that I'm doing something meaningful'
India's Narayanan, Diptayan, Aronyak advance to second round
Lavrov, who addressed the UN General Assembly shortly before External Affairs Minister S Jaishankar's speech at the high-level General Debate, said India and Russia share a "particularly privileged strategic partnership".
Finance Minister Nirmala Sitharaman paid homage at the Rezang La War Memorial at Chushul in Ladakh on Tuesday, June 17, 2025.
Chinese Foreign Minister Wang Yi will visit India for border talks with NSA Ajit Doval, ahead of PM Modi's visit to China for the SCO summit. The visit aims to improve bilateral ties after recent tensions.
Russian President Vladimir Putin on Monday assured Tehran of Moscow's support in de-escalating the Israel-Iran conflict hours after the United States strikes at Iranian nuclear sites at dawn on Sunday.
External Affairs Minister S Jaishankar met Russian President Vladimir Putin to discuss ways to further expand India-Russia ties, following talks with Foreign Minister Sergey Lavrov focusing on trade.
National Security Advisor Ajit Doval on Monday emphasised the need to counter terrorism in all its forms for overall regional peace and stability during a meeting with Chinese Foreign Minister Wang Yi in Beijing.
The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.
