Rupee hasn’t collapsed, finding its ‘natural course’, says Nirmala Sitharaman

Amid concerns over the decline in the value of the rupee against the US dollar, Finance Minister Nirmala Sitharaman on Tuesday emphasised that there was no collapse of the unit and it was actually finding its natural course, as reported by PTI. Sitharaman informed the Rajya Sabha that the Reserve Bank of India (RBI)…

FM Nirmala Sitharaman shares crucial update on cryptocurrency bill. Check details

Finance Minister Nirmala Sitharaman shared a crucial update about the government’s new cryptocurrency bill on Tuesday. Speaking in Parliament, the finance minister said the government will be coming up with a completely reworked bill on cryptocurrencies once it gets cabinet clearance, adding that the previous bill…

India’s recovery not yet at point for pulling back liquidity: Nirmala Sitharaman

The Indian economy has not reached the level where the central bank can begin pulling back liquidity as Asia’s third-largest economy is still recovering from the shock of two major waves of coronavirus, Finance Minister Nirmala Sitharaman said on Thursday. I am glad that RBI (Reserve Bank of India) understands…