30 news articles20 Dec 2025 to 31 Oct 2026
Every DailyConnects briefing covering Ministry of Finance, in order, with exam-focused key numbers. Grouped purely by entity identity — never mixed with similar-but-unrelated news.
The Union Government released an additional tax devolution instalment of ₹1,09,019 crore to State Governments on 31 October 2026. This release marks the second …
₹1,09,019 crThe Finance Ministry cut the windfall tax (export levy of Special Additional Excise Duty/Road and Infrastructure Cess) on diesel to ₹16 per litre from ₹20 per l…
₹16Union Finance Minister Nirmala Sitharaman launched the IITM Unicorn Frontier Fund I in Bengaluru on September 26, 2026, at the seventh edition of the IIT Madras…
₹450 crLIC, through an exchange filing on September 25, 2026, confirmed that Managing Director Dinesh Pant was relieved from service with effect from September 24, 202…
Union Finance Minister Nirmala Sitharaman inaugurated the BRICS Heads of Tax Authorities Meeting in New Delhi on September 24, 2026, culminating India's BRICS C…
The Ministry of Finance (MoF) issued a gazette notification on Monday under the Payment and Settlement Systems Act, 2007, specifying that banks and payment syst…
3%The Ministry of Finance, through the Department of Financial Services, notified that all provisions of the Bankers' Books Evidence Act, 2026 (15 of 2026) will c…
India secured USD 1 billion from the International Finance Corporation (IFC) to provide long-term credit to MSMEs through banks and financial institutions. The …
$1 bnThe Press Information Bureau (PIB) released the Monthly Review of Accounts of the Union Government of India up to July 2026 for FY 2026-27. Total receipts of th…
₹13,06,709 crAnnie George Mathew, Janmejaya Kumar Sinha, and Syed Akbaruddin were appointed as part-time non-official directors on the Central Board of the Reserve Bank of I…
The Ministry of Finance released the Draft Insurance Ombudsman (Amendment) Rules, 2025, on 25 November 2025. The draft proposed a two-tier redressal structure w…
The Unified Payments Interface (UPI) was launched on August 25, 2016, completing a decade of operations in 2026. UPI was developed by the National Payments Corp…
49%The Department of Financial Services (DFS), Ministry of Finance, organized the two-day PSB Confluence 2026 for senior leadership of public sector banks (PSBs) a…
29%India's debt-to-GDP ratio reached 58.2 per cent in the financial year 2025-26, missing the government's budgeted target of 56.1 per cent by 210 basis points. Th…
58.2%India has achieved 99.92% banking coverage, with 6,00,868 out of 6,01,328 inhabited villages served by a banking outlet within a 5 km radius. Banking outlets in…
₹3,12,414 crK Rajaraman's tenure as Chairperson of the International Financial Services Centres Authority (IFSCA) has been extended beyond July 31, 2026, until October 2028…
The Department of Financial Services (DFS), Ministry of Finance, launched India's first sovereign-backed Protection & Indemnity (P&I) insurance product under th…
$1.5 bnIndia and Bhutan held the fifth India-Bhutan Development Cooperation Talks, co-chaired by Foreign Secretary Vikram Misri and Bhutanese Foreign Secretary Dasho P…
The Department of Expenditure under the Ministry of Finance issued an Office Memorandum barring senior bureaucrats from being allotted more than one official st…
Satya Pal Kumar, a 2005-batch Indian Revenue Services (IRS) officer of the Income Tax Department cadre, was appointed as the Director of the Financial Intellige…
The Ministry of Finance (MoF) notified the Protocol amending the India-Sri Lanka Double Taxation Avoidance Agreement (DTAA) to include a Principal Purpose Test …
The Centre has approved the Puducherry Government's proposal for a Rs 14,300 crore budget for the fiscal year 2026-2027. The Union Home Ministry conveyed the ap…
The Ministry of Finance (MoF) has waived the Basic Customs Duty (BCD) on goods used in the manufacturing of display assemblies, lithium-ion cells, and inductor …
The Department of Public Enterprises (DPE) under the MoF has elevated CPCL to Navratna Central Public Sector Enterprise (CPSE) status. CPCL, which functions und…
₹59,400 crThe Ministry of Finance (MoF) of the United Arab Emirates (UAE) has launched the inaugural Sovereign Retail T-Sukuk Programme, a Shariah-compliant investment in…
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