NEW DELHI: Indian rupee has been strong against every currency and the US dollar is an exception because of policies adopted by the US Fed, finance minister Nirmala Sitharaman said during an acerbic exchange between the Opposition and treasury benches on the depreciating value of the rupee during Question Hour in Lok Sabha on Monday. … Read more
NEW DELHI: Finance minister Nirmala Sitharaman has said India remains concerned about the risks to global recovery due to rising uncertainty amidst enhanced geopolitical tensions. In her meeting with World Bank President David Malpass, Sitharaman suggested that multilateralism has become more critical as the world is undergoing a phase of exceptional uncertainty. She said that … Read more
India wants to be strong friends with the “liberal world” but it needs Russia’s assistance to defend its borders, Union finance minister Nirmala Sitharaman said, following criticism about refusal to outright condemn Vladimir Putin’s war on Ukraine. India is the world’s top buyer of Russian weapons, which it uses to deter aggression from neighbors Pakistan … Read more
NEW DELHI: The International Monetary Fund on Tuesday vowed to expand its work on crypto assets, amid a call from finance minister Nirmala Sitharaman to evolve a consensus to deal with digital assets. During a panel discussion early Tuesday morning (India time), Sitharaman flagged concerns over possible misuse of private digital currencies for money laundering … Read more