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Responding to Ramesh's allegations, FM Sitharaman clarified that Merchant Discount Rate applies only to merchants and not to end users or customers. The minister said the move would enable banks and fintech companies to invest more in infrastructure, innovation and security, with all UPI users ultimately benefiting from these investments

Updated 1 day ago

Union Finance Minister Nirmala Sitharaman. File Picture.

The CJP said it plans to establish State Coordination Committees, along with Lok Sabha and city-level coordination units across India within the next six months

Updated 2 days ago

Union Finance Minister Nirmala Sitharaman. File Picture.