Reported 10 months ago
India's Prime Minister Narendra Modi retained Nirmala Sitharaman as the finance minister in a new coalition government, signaling policy continuity for the world's fastest-growing major economy. The reappointment of key ministers aims to ease market concerns around fiscal policy, with Sitharaman expected to ensure fiscal consolidation and address challenges like unemployment and rising living costs. The government's budget likely in July will provide insights into the coalition's priorities, as the BJP-led administration focuses on infrastructure spending amid rapid economic growth.
Source: YAHOO