No decision yet on merchant discount rate on UPI dealsCentral bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the paym...
07 Aug, 2026, 04.13 PM IST
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
07 Aug, 2026, 01.32 PM IST
Will UPI become chargeable? FM Niramala Sitharaman clears the airFinance Minister Nirmala Sitharaman clarified merchant discount rates will not affect customers. She stated that merchants will bear any ch...
07 Aug, 2026, 01.12 PM IST
MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
07 Aug, 2026, 09.03 AM IST
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FMFinance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget fo...
07 Aug, 2026, 01.51 AM IST
Appropriation Bill for FY23 excess spending approvedParliament approved a bill authorizing funds for certain FY23 expenditures. The bill covers two expenditure items, with one being a large d...
07 Aug, 2026, 01.43 AM IST
Capex push has revived private investment as India advances towards Viksit Bharat: Nirmala SitharamanFinance Minister Nirmala Sitharaman outlined Viksit Bharat's vision for a developed nation. She stated that 2047 is an immediate national h...
06 Aug, 2026, 10.03 PM IST
Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23The Rajya Sabha approved the Appropriation Bill for excess spending. This bill covers expenditures from the financial year ending March 31,...
06 Aug, 2026, 04.59 PM IST
Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era lawThe Lok Sabha approved a Bill to update evidence laws for digital records. This legislation replaces an old British-era act for modern bank...
05 Aug, 2026, 04.53 PM IST
No debate, 3 minutes: Lok Sabha passes Appropriation Bill amid protestsAmid relentless protests from the opposition, the Lok Sabha approved the Appropriation Bill with remarkable speed. Finance Minister Nirmala...
05 Aug, 2026, 12.15 AM IST
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
04 Aug, 2026, 04.51 PM IST
Manish Tewari submits adjournment notice in Lok Sabha seeking discussion on new anti-defection law to curb opportunistic mass defectionsCongress MP Manish Tewari sought to suspend parliamentary business for urgent discussion. He proposed a new anti-defection law to curb oppo...
04 Aug, 2026, 08.56 AM IST
FM Sitharaman to introduce Taxation and Other Laws (Amendment) Bill as Lok Sabha takes up key financial businessFinance Minister Nirmala Sitharaman will introduce the Taxation and Other Laws (Amendment) Bill, 2026, in the Lok Sabha. This legislation s...
04 Aug, 2026, 08.17 AM IST
Govt cuts ₹16,688 crore in tax disputes after appeal threshold hikeThe government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...
04 Aug, 2026, 01.15 AM IST
Taxation laws amendment bill: Government proposes simplified exemption framework for offshore fundsA bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offe...
03 Aug, 2026, 09.03 PM IST
'No proposal to change or replace Unified Pension Scheme,' says Finance Minister Sitharaman in Lok SabhaFinance Minister Nirmala Sitharaman confirmed no changes are planned for the Unified Pension Scheme. This scheme offers assured monthly pay...
03 Aug, 2026, 04.34 PM IST
India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...
31 Jul, 2026, 04.27 PM IST