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Ministry of Finance, India

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National Governance & Policy Just now (07:50 AM IST)

India, Qatar Move to Fast-Track Investment Treaty and Trade Pact Talks

India and Qatar have agreed to accelerate negotiations on a bilateral investment treaty and a free trade agreement, signaling a sharper push to deepen economic ties between the two countries. The discussions, led by Finance Minister Nirmala Sitharaman and Qatar’s Finance Minister Ali bin Ahmed Al-Sayed, also covered a $10 billion investment pledge and the proposed opening of a Qatar Investment Authority office in India.

By RDU Global Wire5 min read
National Governance & Policy26 Oct 2026, 08:00 AM IST

Former Financial Services Secretary Nagaraju Maddirala Appointed IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, marking a significant leadership change at the debt-laden infrastructure financier. The Ministry of Corporate Affairs confirmed the appointment on October 12, following the tenure of Nand Kishore, as IL&FS continues to operate under a government-appointed board after its financial collapse.

5 min readRead →
Banking, Fintech & Insurance22 Oct 2026, 05:00 PM IST

RBI Clears Emirates NBD Branch Merger with RBL Bank, Setting December 1 Effective Date

The Reserve Bank of India has approved the amalgamation of Emirates NBD Bank’s Indian branches with RBL Bank, marking a significant cross-border banking transaction in the domestic financial sector. The merger will take effect on December 1, 2026, following earlier approval from the Finance Ministry for Emirates NBD’s planned acquisition of a substantial stake in RBL Bank.

5 min readRead →
Macro Economy & Fiscal Policy22 Oct 2026, 08:00 AM IST

Rubio’s India Visit Puts Energy Security in Focus as Crude Costs Rise, Says Kotak Neo’s Banerjee

India’s crude import strategy is likely to remain anchored in energy diplomacy and commercial pragmatism even as global oil markets stay volatile, according to Kotak Neo’s Banerjee. The assessment comes as U.S. Secretary of State Marco Rubio’s India visit sharpens attention on energy security, with rising crude costs and supply disruptions adding fresh pressure on policymakers.

5 min readRead →
Banking, Fintech & Insurance22 Oct 2026, 08:00 AM IST

RBI Clears Emirates NBD Branch Merger With RBL Bank, Setting December 1, 2026 Effective Date

The Reserve Bank of India has approved the merger of Emirates NBD Bank’s Indian branches with RBL Bank, marking a significant regulatory step in a cross-border banking transaction that has been under watch for months. The amalgamation will take effect on December 1, 2026, according to the central bank, following earlier approval from the Finance Ministry for Emirates NBD’s proposed stake acquisition in RBL Bank.

5 min readRead →
Banking, Fintech & Insurance21 Oct 2026, 08:00 PM IST

RBI Clears Emirates NBD Branch Merger With RBL Bank, Effective December 1, 2026

The Reserve Bank of India has approved the amalgamation of Emirates NBD Bank’s Indian branches with RBL Bank, setting December 1, 2026, as the effective date for the transaction. The move marks a significant regulatory milestone in a cross-border banking deal that had already received prior approval from the Finance Ministry for Emirates NBD’s acquisition of a substantial stake in RBL Bank.

5 min readRead →
Banking, Fintech & Insurance20 Oct 2026, 02:00 PM IST

RBI Clears Emirates NBD Branch Merger With RBL Bank, Setting December 1, 2026 Effective Date

The Reserve Bank of India has approved the amalgamation of Emirates NBD Bank’s Indian branches with RBL Bank, marking a significant cross-border banking transaction in the domestic financial sector. The merger will take effect on December 1, 2026, following earlier approval from the Finance Ministry for Emirates NBD’s proposed acquisition of a substantial stake in RBL Bank.

5 min readRead →
Banking, Fintech & Insurance19 Oct 2026, 02:00 PM IST

Traders Withdraw 'No UPI Day' Protest After Sitharaman Meeting

Small-trader groups have called off their proposed 'No UPI Day' protest after a meeting with Finance Minister Nirmala Sitharaman in New Delhi on Wednesday. The decision by the All India Consumer Products Distributors Federation and the All India Mobile Retailers Association signals a temporary easing of tensions over digital payment practices and merchant concerns.

5 min readRead →
Banking, Fintech & Insurance18 Oct 2026, 02:00 PM IST

Traders Scrap 'No UPI Day' Protest After Meeting Sitharaman

Small-trader groups have withdrawn their proposed 'No UPI Day' protest after a meeting with Finance Minister Nirmala Sitharaman in New Delhi on Wednesday. The decision eases an immediate flashpoint over digital payments, though it also underscores continuing friction between merchants and the payments ecosystem over costs, compliance and settlement concerns.

6 min readRead →

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