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FINANCIAL MINISTRY ANNOUNCEMENT CPSES
India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...- Canada: Quebec to reopen major permanent residence pathway from July 2Quebec's immigration ministry announced the Quebec Experience Program (PEQ) will reopen on July 2, 2026, for two years, months after its su...
- ‘A spa day won’t save you...’: CA shares what real self-care in finance should look likeChartered accountant Nitin Kaushik redefines self-care. He argues true peace of mind comes from financial independence, not just spa days. ...
- Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon tiesAfter a five-year hiatus, Saudi Arabia is reopening its market to Lebanese imports, a decision that stemmed from previous drug smuggling ap...
- Consumers who gave up subsidy can use Non-DCR equipment to install rooftop solar at homesResidential consumers can now use non-DCR solar modules for rooftop installations under the PM Surya Ghar scheme. This applies to those who...
- Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...
- Amazon rival Mercado Libre to invest $4.6 billion in MexicoMercado Libre is investing a massive $4.6 billion in Mexico. This significant funding aims to boost online shopping and expand financial se...
- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
- RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...
- Six months on, National Sports Awards still await nodIndia's sporting community faces an unusual delay in the National Sports Awards. The Sports Ministry cites a re-evaluation of Arjuna awarde...
- Centre hands approval letters to 3 foreign universities for India campusesIndia is welcoming top universities from the UK and Australia to set up campuses. The University of Bristol and University of York will ope...
- Global tech major Salesforce to skill one million learners with AI-focused skills by 2030Global tech firm Salesforce will train one million Indians in AI skills by 2030. This initiative, launched in Hyderabad, will use governmen...
- US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...
- Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
- 'Rahveers' to get Rs 25,000 reward: Nitin Gadkari announces new road safety schemesTo encourage immediate public intervention, the Ministry is introducing the "Rahveer" initiative. "If people step in to rush these 50,000 i...
- Assam Chief Minister Himanta Biswa Sarma allocates portfolios to 12 newly inducted ministersAssam Chief Minister Himanta Biswa Sarma has allocated portfolios to twelve new ministers. The chief minister kept key departments like Hom...
- Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...
- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- Defence ministry doubles financial powers of field commandersDefence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army co...
- Rajnath approves over 2-fold increase in financial ceiling for field commanders to boost operational efficiencyDefence Minister Rajnath Singh has approved a significant increase in financial powers for field commanders, more than doubling them to Rs ...
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