
Nirmala Sitharaman has been reappointed as India's Finance Minister for a second consecutive term under Prime Minister Narendra Modi's government. She also retains the portfolio of Minister of Corporate Affairs. Market analysts view her reappointment as a strong signal of policy continuity, which is expected to ease market concerns. Economists and financial institutions such as Goldman Sachs and HDFC Bank have praised her reappointment, highlighting her role in major economic reforms during her previous term. Investors, however, remain concerned about high cryptocurrency taxes. Sitharaman has assumed charge and emphasized the government's commitment to ensuring 'Ease of Living' for its citizens. Pankaj Chaudhary has taken charge as Minister of State for Finance. Analysts note that from a market standpoint, nothing changes, which is a relief. The reappointment is also seen as stabilizing for the coalition government.







Finance Minister Nirmala Sitharaman on Wednesday assumed charge for the second consecutive term after the formation of Prime Minister Narendra Modi-led government. Sitharaman is being credited with carrying forward major economic reforms in her last term.
#Modi 3.0 #Cabinet: #NirmalaSitharaman takes charge as Union #FinanceMinister for second time | https://t.co/AJFo3pDOU4 https://t.co/IOSID8IKD2
Nirmala Sitharaman on June 12 assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term https://t.co/mwOOMWmWCO