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RAILWAY FINANCE DEPARTMENT
Railway employees demand online filing of travel, overtime claims as divisions flag high amountsSome divisions and zones, including North Central Railway (NCR) and Bhavnagar Division of Western Railway, have already introduced online s...
GPF interest rate for October-December 2026 quarter: Has Finance Ministry changed GPF rate from 7.1%?The Ministry of Finance has set a 7.1% interest rate for the General Provident Fund, which will be applicable from October 1 to December 31...
Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNLIndian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 poin...
Bengaluru man returns from late-night movie to find home ransacked, gets attacked by two burglars who flee with gold and silver jewelleryBengaluru news: A 31-year-old man returned home late to find his house ransacked and two intruders inside. The intruders attacked him with ...
Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW EnergyThe Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a d...
Chicago dug 60 miles of freight tunnels under the Loop in 1899 and forgot them; in 1992, a damaged wall let the river in, and losses topped $1 billionChicago's forgotten freight tunnels were constructed to ease street congestion, acting as essential channels for coal and parcels. However,...
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edgeIndia's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...
FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...
No US pressure in UPI MDR decision; NPCI circular offers no advantage to foreign credit cards: FinMinThe Department of Financial Services (DFS) issued the clarification in response to observations in the US Trade Representative's (USTR) 202...
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
Haryana govt approves Hisar, Kurukshetra, Narnaul, Jind and Sohna-Palwal bypass projectsHaryana's Chief Minister approved new ring roads and bypasses for major cities. These projects aim to significantly ease traffic congestion...
8th Pay Commission news: Pensioners' body seeks clarity on pension revision from PM Modi8th Pay Commission latest news: The Retired Employees Welfare Association is calling on the Prime Minister to revise the terms of the 8th P...
Buffett asks shareholders to ignore his profit figure. Then explains how he could fake itThe rule is simple and almost nobody thinks about it. When a business sours, the accounts mark it down. When a business thrives, the accoun...
School assembly news headlines for September 2: Top India, world, sports and business updatesSchool assembly news headlines for September 2: Stay updated with the latest national, international, sports and business developments maki...
8th Pay Commission for pensioners: DoPT backs pension revision for past pensioners; has this happened before?8th Pay Commission news: The Department of Personnel and Training is advocating for revisions to the Terms of Reference for the 8th Pay Com...
The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
India’s new service price gauge shows mixed Q1 trends; Air (Passenger) Service Price Index up 32%Air passenger service prices jumped nearly thirty-two percent year-on-year in the first quarter of FY27. Other services showed mixed price ...
Finance ministry asks ministries to move from WPI to PPI in future contractsThe finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI...
Railways will not get enough priority after merger: CPINoting that Railways, which caters to millions of people, has to take up development projects, including introducing faster trains and reco...