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...
11 Jun, 2026, 05.48 PM IST
Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrolSugar stocks rose sharply on Thursday after the Finance Ministry exempted several ethanol-blended petrol variants from excise duty, strengt...
11 Jun, 2026, 11.41 AM IST
Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...
11 Jun, 2026, 12.26 AM IST
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
10 Jun, 2026, 10.51 PM IST
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. ...
10 Jun, 2026, 08.53 PM IST
Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
10 Jun, 2026, 07.59 PM IST
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
10 Jun, 2026, 05.52 PM IST
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 ...
10 Jun, 2026, 04.23 PM IST
Commerce ministry raises anti-dumping duty rejection issue at 'highest level'The Commerce Ministry is escalating concerns about the Finance Ministry's increasing rejection of anti-dumping duty recommendations. This t...
10 Jun, 2026, 02.46 PM IST
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
10 Jun, 2026, 12.22 PM IST
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...
09 Jun, 2026, 07.39 PM IST
FM Sitharaman discusses ways to boost growth with Bengal CMThe meeting, coming just over a month after the BJP stormed to power in West Bengal for the first time, also dwelt on improving the credit ...
09 Jun, 2026, 01.04 AM IST
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
09 Jun, 2026, 12.47 AM IST
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
09 Jun, 2026, 12.16 AM IST
State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
08 Jun, 2026, 05.41 PM IST
Report on datasets for State Finance Commissions to be released on MondayA report on datasets for State Finance Commissions will be released by the Chief Economic Advisor in New Delhi on Monday. This initiative a...
07 Jun, 2026, 08.06 AM IST
Greece to tax gains from crypto, sources sayGreece is set to introduce a 15% capital gains tax on cryptocurrencies. The Finance Ministry is drafting a law for parliamentary submission...
05 Jun, 2026, 07.25 PM IST