Arun Jaitley is administered oath of office by President Pranab Mukherjee as a cabinet minister at the presidential palace in New Delhi on Monday, May 26, 2014. <em>Photo: Reuters</em>Arun Jaitley will head both India's finance and defence ministry in the new administration of Prime Minister Narendra Modi , a government statement said on Tuesday.
Jaitley, 61, is one of India's top corporate lawyers and has served as a commerce minister in a previous administration. He is a close associate of Modi.