Market pulse › Nirmala Sitharaman
Nirmala Sitharaman
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● mixed'We are playing hockey, they are playing football': FM Sitharaman on China's trade barriersSitharaman said Chinese authorities set requirements and restrict market access, unlike India's consumer-led approachTrade and tariffsChinaTrade deals
● mixedSitharaman to visit Qatar for AIIB annual meeting on September 27–29Nirmala Sitharaman is scheduled to visit Qatar from September 27 to 29Saudi ArabiaAsian Infrastructure Investment Bank
● mixedIndia's China trade deficit may not tell the full story, FM Sitharaman explains whySitharaman said exports routed through other countries may not be accounted for as exports to ChinaTrade dataChinaTrade and tariffs
Policy● mixedFM Nirmala Sitharaman sets 10%+ growth target, pushes back against suggestion on ‘missed AI bus’Nirmala Sitharaman set a growth target of 10%+Economic growthStartups and VCStartup funding
Policy▲ bullishNext large investment should be in AI infrastructure, says SitharamanSitharaman called for more investment in AI infrastructure and trainingAIInfrastructureData centres
Policy▲ bullishAI, semiconductors, quantum to drive India's next infrastructure push: FM SitharamanFinance Minister Nirmala Sitharaman said AI, semiconductor chips and quantum technology will drive India’s next infrastructure pushAISemiconductorsChip plants
● mixedSitharaman says India could achieve economic growth above 10%Sitharaman said growth above 10% is possibleEconomic growthGDPStartups and VC
● mixedIndia-China trade has a Vietnam twist, says FM Sitharaman as she flags market-access barriersTrade and tariffsChina
● mixed'They Rejoice At India's Failure': Sitharaman Slams Opposition Over GDP Number ClaimsSitharaman said India is growing despite the odds, responding to opposition claims about GDP numbersGDPEconomic growth
Policy● mixedSitharaman says UPI MDR decision was professional, without external pressureThe MDR is 0.4%UPIFintech and paymentsTaxes
Policy● mixedFM says proposed UPI MDR is not a tax and will not burden consumersMDR will not be passed on to consumersUPIFintech and paymentsTaxes
● mixedBefore Jaishankar speaks at UNGA, India gets 11 mentions: What world leaders saidS JaishankarUnited NationsTrade deals
Policy● mixedSitharaman says UPI MDR above ₹2,000 will not be passed to customersMDR on specified UPI transactions above ₹2,000 will be borne within the payments ecosystemUPIFintech and paymentsTaxes
Policy● mixed0.4% MDR to apply to specified UPI merchant payments above ₹2,000 from October 15The 0.4% MDR applies to specified UPI merchant payments above ₹2,000 from October 15UPIFintech and payments