Sitharaman named India's next finance minister

Sajjad HUSSAIN / AFP

Indian Prime Minister Narendra Modi has named Nirmala Sitharaman as the country's next finance minister.

Sitharaman previously served as India’s defense minister.

Meanwhile the chief of Modi's Bharatiya Janata Party (BJP) will now become home minister.

BJP President Amit Shah is widely considered the chief architect behind the party’s landslide victory in the general election.

On Thursday Modi was sworn in for a second term as India's prime minister.

More from International

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.