[ORGANIZATION]
Finance Ministry of India
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Situations
Fairfax Financial acquisition of IDBI Bank stake
7 clusters · 47 sources · last updated
Latest: IDBI Bank stake sale sparks political row between Rahul Gandhi and Nirmala Sitharaman
The Indian Union Cabinet has approved the sale of a 60.72% controlling stake in IDBI Bank to a subsidiary of Canada-based Fairfax Financial Holdings for approximately Rs 52,878 crore. The transaction involves divesting a
India economic growth and real estate investment shifts
18 clusters · 74 sources · last updated
Latest: India forecasts 7.3% economic growth for fiscal year 2026-2027
India continues to demonstrate robust economic momentum, with several global institutions raising their fiscal 2026-27 growth forecasts. The Ministry of Finance has projected growth of 7.3% for the 2026-27 fiscal year, s
India UPI MDR implementation deferred until after Diwali
24 clusters · 161 sources · last updated
Latest: Delhi traders welcome postponement of UPI Merchant Discount Rate
The Unified Payments Interface (UPI) in India is transitioning from a largely free network to a model incorporating a Merchant Discount Rate (MDR) to cover annual operating costs. Effective October 15, 2026, a 0.4% MDR w
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India Finance Ministry urges shift to PPI for government contracts
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India to host PSB Confluence for banking leaders
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