organization · 57 records
Ministry of Finance

India begins anti-dumping probes against imports of Glycine from China
India has launched anti-dumping investigations into Chinese Glycine imports and an anti-circumvention probe regarding CPVC resin imports.

SBI branches to remain closed for five consecutive days
State Bank of India will remain closed for five consecutive days due to a scheduled three-day bank strike combined with the weekend.
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.

8th Central Pay Commission to visit Mumbai on October 22-23
The 8th Central Pay Commission has announced visits to Bengaluru and Mumbai in October 2026 to engage with stakeholders regarding its upcoming recommendations.

SideCopy Broadens India Targeting to Academia With ReverseRAT Spear-Phishing
The threat group SideCopy is using ReverseRAT in spear-phishing campaigns targeting Indian academic institutions.

Finance Minister clarifies UPI transaction charges for common users
The Indian government clarified that a 0.4% Merchant Discount Rate on UPI transactions over ₹2,000 will not affect ordinary consumers.
Central government urges bank employees to call off strike
The Indian government has urged bank employees to call off their planned three-day strike starting September 28.

Indian government dissolves 37-year-old Digital Communications Commission
The Indian government has dissolved the 37-year-old Digital Communications Commission, which served as a primary decision-making body for telecom policy.

Ministries and regulators turn to CCPA for help on consumer grievances
The Central Consumer Protection Authority of India is receiving an increasing number of cross-sectoral grievance requests from other government bodies, prompting jurisdictional concerns.

PIB Fact Check Debunks Viral Claims About Free Laptops and Bank Mergers
The PIB Fact Check unit has debunked viral social media posts falsely claiming the Indian government is offering free laptops and merging several public sector banks.

Nishikant Dubey and Subhash Chandra Garg trade accusations in public dispute
Former Finance Secretary Subhash Chandra Garg and BJP MP Nishikant Dubey are engaged in a public war of words following accusations of blackmail and incompetence.
India Reduces Windfall Tax on Fuel Exports
The Indian government has reduced the windfall tax on exports of petrol, diesel, and aviation turbine fuel.

Supreme Court to hear Delhi electoral roll and other legal cases
The Supreme Court of India is scheduled to hear several cases, including appeals against the removal of voters from Delhi's electoral rolls, a plea to reduce the sentence of Dara Singh, an ED petition regarding I-PAC, and the Shiv Sena leadership dispute.
Supreme Court wants law to safeguard multi-crore court deposits
The Supreme Court has called for a uniform statutory framework to manage and invest court-ordered deposits made by litigants during pending appeals.

India seeks agile regulatory framework to speed up semiconductor projects
The Indian government is exploring an agile, risk-based regulatory framework to accelerate semiconductor manufacturing projects.
Railway employees union seeks restoration of pensions
The South Central Railway Employees’ Sangh has requested that authorities cease pension recovery actions against retired employees.

Nirmala Sitharaman Meets Nepalese Counterpart Swarnim Wagle for Flood Recovery Talks
Indian Finance Minister Nirmala Sitharaman met her Nepalese counterpart Swarnim Wagle in New Delhi to discuss flood recovery and bilateral economic ties.

FinMin's two-day conference with CMs, state FMs concludes; deliberates on Viksit Bharat roadmap
The Indian Finance Ministry concluded a two-day conference with state representatives to discuss financing strategies for the country's development goal of Viksit Bharat.

Cooperative federalism key to financing Viksit Bharat says NK Singh
Finance Commission chairman NK Singh advocates for a new economic compact between the Centre and states to support India's development goals.
Petrol and diesel prices today, September 19
Retail fuel prices remain stable across major Indian cities while petrol pump dealers protest a proposed UPI transaction fee.

Jaishankar hands over 54 Mahindra XEV 9e electric SUVs to Bhutan
Indian External Affairs Minister S. Jaishankar handed over 54 Mahindra XEV 9e electric SUVs to the Bhutanese government.
Mumbai traders oppose new levy on UPI payments
Traders in Mumbai are opposing a new government levy on UPI transactions, warning that it will increase costs for consumers and reduce digital payment adoption.
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.

India's Gross Direct Tax Collection Crosses 14 Trillion Rupees
India's direct tax collection grew by 15.19% to reach 14.35 trillion rupees between April 1 and September 17, 2026.
Indonesia acquires first aircraft carrier sparking debates on cost
Indonesia has acquired a former Italian Navy aircraft carrier, which it plans to refurbish for disaster response and drone operations despite concerns regarding costs.
India Considers Stricter Oversight for Digital Gold Market
The Indian government is considering new regulations to bring the digital gold sector under the joint supervision of the Reserve Bank of India and the Securities and Exchange Board of India.
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.

Mayawati Criticizes Government Over New UPI Merchant Transaction Fees
Bahujan Samaj Party chief Mayawati criticized the Indian government's decision to introduce a 0.4% fee on UPI merchant transfers exceeding 2,000 rupees starting October 15.
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.

Centre steps up land monetisation with RINL 459-plot auction
The National Land Monetization Corporation is hosting investor meetings to facilitate the e-auction of 459 plots of land owned by Rashtriya Ispat Nigam Ltd.