NEW DELHI — Indian benchmark stock indices experienced a sharp intraday upswing on Tuesday, propelled by remarks from Finance Minister Nirmala Sitharaman at the prestigious Bloomberg New Economy Forum. Addressing a global audience of economists, policymakers, and investors, Sitharaman described ongoing discussions surrounding the long-term capital gains (LTCG) tax as “healthy” and signaled her willingness […]
Finance Minister Sitharaman asks corporates to look beyond ‘urban elite’
NEW DELHI: In a sweeping and foundational address that served as both a strategic roadmap and a cautionary reality check for corporate leadership, Union Finance Minister Nirmala Sitharaman on Tuesday warned that India’s economic momentum risks losing its structural durability if businesses remain myopically fixated on affluent urban demographics. Speaking at the prestigious Platinum Jubilee […]