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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
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"Headwinds Could Flip Into Tailwinds": What India Said About US Trade Deal
As trade talks between India and the United States are at an advanced stage, a monthly report by India's finance ministry has said that a successful deal will give a significant boost to exports, while also widening US market access for Indian goods.
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Reform Deal Reached, Bangladesh Says It Will Receive $1.3 Billion From IMF
The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on exchange rate reforms, the finance ministry said.
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"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
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National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
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Israel Lifts All Duties On US Imports Ahead Of Trump's Expected Tariff Move
Israel announced the elimination of all tariffs on imports from the United States, Israel's Prime Minister's Office and the finance and economy ministries said in a joint statement.
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"Come Clean...": Supreme Court On Row Involving Arunachal Chief Minister's Wife
The Supreme Court has directed the Union Home and Finance Ministries to "come clean" amid questions being asked about the award of government contracts to the wife and family of Arunachal Pradesh Chief Minister Pema Khandu.
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Vietnam to Pilot Digital Assets Exchange Project in March
Vietnam’s finance ministry is working to pilot a trading platform for digital assets by the end of March. The development comes just days after Vietnam’s Prime Minister Phạm Minh Chính set a national growth target of eight percent or more by the end of 2025.
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USAID Funded 7 Projects In India Worth $750 Million In FY24: Finance Ministry Report
The latest annual report of the Finance Ministry said USAID funded seven projects worth $750 million in 2023-24.
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Rekha Gupta Keeps Finance, Water With Parvesh Verma: Who Got What In Delhi
The portfolios of the ministers of the new Delhi government were announced after a cabinet meeting this evening. The ministries have been divided up between the Chief Minister and her six cabinet colleagues.
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RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
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"Doing An 'Elon Musk'?" P Chidambaram On Budget Cut For Foreign Ministry
Congress leader P Chidambaram has pointed out the reduced allocation for the Ministry of External Affairs (MEA) in the Union Budget and wondered if Finance Minister Nirmala Sitharaman was doing an "Elon Musk" on the foreign ministry.
![Gadgets 360 With Technical Guruji: News of the Week [February 9, 2025]](https://c.ndtvimg.com/2025-02/pve43o4_news-of-the-week_640x480_09_February_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [February 9, 2025]")
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
-
"Headwinds Could Flip Into Tailwinds": What India Said About US Trade Deal
As trade talks between India and the United States are at an advanced stage, a monthly report by India's finance ministry has said that a successful deal will give a significant boost to exports, while also widening US market access for Indian goods.
-
Reform Deal Reached, Bangladesh Says It Will Receive $1.3 Billion From IMF
The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on exchange rate reforms, the finance ministry said.
-
"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
-
National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
-
Israel Lifts All Duties On US Imports Ahead Of Trump's Expected Tariff Move
Israel announced the elimination of all tariffs on imports from the United States, Israel's Prime Minister's Office and the finance and economy ministries said in a joint statement.
-
"Come Clean...": Supreme Court On Row Involving Arunachal Chief Minister's Wife
The Supreme Court has directed the Union Home and Finance Ministries to "come clean" amid questions being asked about the award of government contracts to the wife and family of Arunachal Pradesh Chief Minister Pema Khandu.
-
Vietnam to Pilot Digital Assets Exchange Project in March
Vietnam’s finance ministry is working to pilot a trading platform for digital assets by the end of March. The development comes just days after Vietnam’s Prime Minister Phạm Minh Chính set a national growth target of eight percent or more by the end of 2025.
-
USAID Funded 7 Projects In India Worth $750 Million In FY24: Finance Ministry Report
The latest annual report of the Finance Ministry said USAID funded seven projects worth $750 million in 2023-24.
-
Rekha Gupta Keeps Finance, Water With Parvesh Verma: Who Got What In Delhi
The portfolios of the ministers of the new Delhi government were announced after a cabinet meeting this evening. The ministries have been divided up between the Chief Minister and her six cabinet colleagues.
-
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
"Doing An 'Elon Musk'?" P Chidambaram On Budget Cut For Foreign Ministry
Congress leader P Chidambaram has pointed out the reduced allocation for the Ministry of External Affairs (MEA) in the Union Budget and wondered if Finance Minister Nirmala Sitharaman was doing an "Elon Musk" on the foreign ministry.
