18 news articles21 Dec 2025 to 31 Oct 2026
Every DailyConnects briefing covering Finance Ministry, in order, with exam-focused key numbers. Grouped purely by entity identity — never mixed with similar-but-unrelated news.
The Department of Revenue under the Ministry of Finance issued two notifications on October 31, 2026, to revise export duties on fuel products. The export duty …
₹11.5Total financial resources flowing to the commercial sector from banks and non-bank sources reached ₹17.5 lakh crore during April-August FY27, compared to ₹11.2 …
₹17.5 LThe Finance Ministry has established the High Level Committee on Banking for Viksit Bharat to recommend structural, institutional, regulatory, and legislative r…
The Ministry of Finance raised India's GDP growth forecast for FY 2026-27 (FY27) to 7.3% from the 6.8-7.2% estimated in the Economic Survey in February 2026, ba…
7.3%The Ministry of Finance has given in-principle approval to a proposal by the Ministry of New and Renewable Energy (MNRE) to launch a special scheme supporting d…
₹25,000 crThe Finance Ministry will run a nationwide campaign to saturate financial schemes, covering 2.70 lakh gram panchayats and urban local bodies across India. The c…
The Cabinet approved strategic disinvestment of a 60.72% stake in IDBI Bank to Canada's Fairfax Financial Holdings for about ₹53,000 crore ($5.5 billion). The d…
₹53,000 crPublic sector banks recorded their highest-ever net profit of Rs 1.98 lakh crore in FY 2025-26, according to the finance ministry. The gross non-performing asse…
1.93%The 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…
₹16The Government of India has notified the dissolution of the Digital Communications Commission (DCC), an apex inter-departmental decision-making body at the Depa…
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%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 crThe Finance Ministry has extended two additional investment choices under the National Pension System (NPS) to employees of central autonomous bodies (CABs). Th…
75%The Finance Ministry has kept interest rates unchanged for all major post office small savings schemes for the July-September quarter of financial year 2026-27.…
4%Gross Goods and Services Tax (GST) collections rose 13.9% year-on-year to Rs 1,94,812 crore in June 2026. Cumulative gross GST collections for the April-June pe…
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