R.K. Shanmukham Chetty is rarely counted among India’s most celebrated finance ministers. Yet, he holds the singular distinction of presenting the first Union budget of independent India.
Sitharaman, India’s first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional ‘bahi-khata’, to carry ...
She remains the only finance minister to have presented eight consecutive budgets under a single prime minister. First Budget of Independent India: The first-ever Union Budget of independent India ...
Finance Minister Nirmala Sitharaman's Union Budget speech in 2020 was by far the longest, lasting two hours and 40 minutes.
India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...
On February 28, 1948 just after independence, Finance Minister R.K. Shanmukham Chetty presented the nation’s first full budget.
Finance Minister Nirmala Sitharaman will present her eighth consecutive Union Budget, moving closer to Morarji Desai’s record ...
MAXIMUM NUMBER OF BUDGETS: Former Prime Minister Morarji Desai holds the record for presenting the maximum number of budgets.
The tradition of carrying a briefcase for budget presentations in India, rooted in British customs, evolved when Nirmala ...
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...