government · 9 records
Department of Financial Services
Banks may shut for five days as unions announce strike
Bank unions plan a three-day nationwide strike from September 28 to 30, potentially closing bank branches for five consecutive days.
India's FTAs opening new career opportunities for youth: PM Modi
Prime Minister Narendra Modi stated that India's Free Trade Agreements are creating new career opportunities for the youth while distributing appointment letters at a national job fair.
UPI charges row: Chidambaram among 5 Congress MPs who had backed revenue framework
A parliamentary Standing Committee on Finance report, which included Congress MPs, recommended implementing a revenue framework for UPI transactions to ensure ecosystem sustainability.
Narendra Modi to distribute appointment letters to 51,000 youths
Prime Minister Narendra Modi will distribute appointment letters to over 51,000 youths at the 20th Rozgar Mela.
Government plans to monitor merchants to prevent UPI fee burden on consumers
The Indian government is implementing a monitoring system to ensure merchants do not pass the new 0.4 percent Merchant Discount Rate (MDR) for UPI transactions over ₹2,000 on to consumers.
No US pressure behind UPI transaction fee introduction says Finance Ministry
The Union Finance Ministry clarified that there was no US pressure behind introducing a 0.4% Merchant Discount Rate on select UPI transactions.
Finance Ministry rejects US influence allegations regarding new UPI MDR policy
The Indian Finance Ministry denied that US pressure influenced new UPI Merchant Discount Rate policies, asserting they are designed to support domestic competition and RuPay.
Zero-MDR gave banks no return on UPI merchant onboarding costs
The Indian government is implementing a new merchant discount rate framework for UPI transactions to support ecosystem sustainability while exempting small transactions.
Same-sex partners, unmarried couples can make medical decisions: NMC to Delhi HC
The National Medical Commission informed the Delhi High Court that same-sex partners and unmarried couples can make medical decisions for each other if they are nominated or in a recognized relationship of care.