[ad_1] In a major push for wider use of rupee in international trade, India has removed a key regulatory hurdle by allowing exporters to receive payments in Indian currency while retaining incentives under the country’s foreign trade policy. It is an additional payment mechanism to the existing system based on freely convertible currencies. … Read more
[ad_1] The Supreme Court, while hearing a case concerning the three-language policy for Class 9 students under the CBSE, posed several questions to the Board and asked it to explore options for providing relief to Class 6 students. A bench comprising Chief Justice Surya Kant, Justice Joymalya Bagchi and Justice V. Mohana asked the CBSE … Read more
[ad_1] After a gap of almost 10 years, India is set to import around 1 million tonnes (mt) of raw sugar at nil duty to cool down domestic prices, with the benchmark ex-mill price in Maharashtra reaching a high of ₹5,400-5,560 per quintal. The steep rise in prices since March 2026, just as … Read more
[ad_1] Finance Minister Nirmala Sitharaman on Tuesday asked public-sector banks (PSBs) to launch a month-long “Banking for Youth” campaign from October 2, targeting citizens above 16 years of age and building long-term banking relationships with young customers. She said the campaign should be the start of sustained engagement rather than a one-time account-opening exercise. … Read more
[ad_1] The Income-Tax Department has launched a verification exercise covering 394 entities and 36 professionals over suspected irregularities in large amounts of money sent abroad during the past three years, the Central Board of Direct Taxes (CBDT) said on Tuesday. The exercise covers entities that allegedly sent large amounts abroad despite reporting … Read more
[ad_1] As the government lays out the policy architecture of the next phase of its flagship rooftop solar (RTS) scheme, the PM Surya Ghar Muft Bijli Yojana, industry leaders and experts are calling for integrating rooftop solar with the battery energy storage system (BESS). They have stressed differentiated support and policy continuity … Read more
[ad_1] The Department of Financial Services is weighing two options to ease the financial costs involving Unified Payments Interface (UPI): Restoring the merchant discount rate (MDR) for certain high-value transactions or merchants, or introducing a tiered incentive structure to phase out government support over the next few years, the Finance Ministry told the Parliamentary … Read more
[ad_1] Justice Anup Jairam Bhambhani directed Meta to place on record its norms and eligibility criteria for granting access to Rights Manager, along with the grounds on which applications for the tool may be rejected. | Photo Credit: Reuters The Delhi High Court on Wednesday (August 12, 2026) sought clarity from Meta over its policy … Read more
[ad_1] 1 min read Last Updated : Aug 11 2026 | 8:13 PM IST Net direct tax collections rose 23.09 per cent to over Rs 8.11 trillion in the current financial year till August 10. Net corporate tax collections increased 19.83 per cent to about Rs 2.70 trillion, while non-corporate tax collections, … Read more
[ad_1] Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday told the Rajya Sabha that any future fee on digital payments will cover only a limited category of merchant transactions above a certain high threshold and consumers wo- uld continue to make instant digital payments through unified payment interface (UPI) without a transaction … Read more