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FINANCE AND RAILWAYS MINISTRIES
New rules from July 1, 2026: Aadhaar, passport, ITR deadline, credit card and railway changes you must knowJuly 2026 ushers in significant financial shifts for Indians. Expect revised credit card benefits, increased passport fees, and stricter ra...- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
- 8th Pay Commission HRA changes: 5 employee bodies recommend house rent allowance up to 40%; check details8th pay commission proposals: Central government employees are urging the 8th Pay Commission to significantly hike House Rent Allowance (HR...
- Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
- Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
- RVNL, Railtel Corp, Titagarh Rail, other railway stocks rally up to 4% on Rs 16 lakh crore bullet train planRailway stocks including RVNL, Railtel and Titagarh Rail rose up to 4% after the government unveiled a Rs 16 lakh crore plan to develop sev...
- IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancingIRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund m...
- IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
- Where there's a will, there are funds to deal with urban challengesProjects worth ₹15,000 crore across six states are being awarded to kick-start the Centre's ₹1 lakh crore Urban Challenge Fund. These initi...
- 8th Pay Commission latest update: Railway technical staff seek multiple fitment factors, higher HRA, pay fixRailway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum sal...
- Uzbekistan’s evolution in the international financial systemUzbekistan's National Investment Fund has made waves with its groundbreaking IPO, now trading on international stock exchanges. This pivota...
- Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EVIndia’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting t...
- Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
- Niti Aayog to strengthen model concession agreement framework for multi-modal logistics parksNiti Aayog is actively working on improving frameworks for major infrastructure projects. This includes updating agreements for multi-modal...
- DA hike for Gramin Dak Sevaks: Postal employees to get 60% DA from this date; see impact on their payoutsGramin Dak Sevaks (GDS) will now receive a Dearness Allowance (DA) of 60% of their basic Time Related Continuity Allowance (TRCA) starting ...
- Railway pensioners get DR hike: What will be monthly increase in their pension after dearness relief increases?Railway pensioners and family pensioners will receive a Dearness Relief hike. Their relief will increase from 58% to 60% of their basic pen...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- CPSEs capex surges 63% in April, kick off FY27 on strong notePublic sector companies and key government bodies significantly boosted capital spending in April. This surge of 63% marks a strong start t...
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