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Tamil Nadu has allocated Rs 200 crore for developing Mahabalipuram as an international-standard spiritual and tourism hub. Tourism Minister S Rajesh Kumar also announced plans for pilgrimage circuits, river tourism projects and training local guides to cater to global visitors
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Union Finance Minister Nirmala Sitharaman has urged startups to expand beyond major cities and reach rural and remote areas. At the Rajasthan Youth Conclave, she highlighted government support, while Chief Minister Bhajanlal Sharma outlined Rajasthan’s growing startup, innovation and technology ecosystem
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The Bharat Rashtra Samithi (BRS) has alleged irregularities and a multi-crore scam in the PM Ekta Mall tenders at Raidurg, Hyderabad. K. T. Rama Rao demanded cancellation of tenders and sought Union intervention, while Minister D. Sridhar Babu dismissed the charges as political drama, asserting transparency in the process.
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Finance Minister Nirmala Sitharaman said the Bankers’ Books Evidence Bill, 2026, will create a technology-neutral framework for banking records by recognising electronic and digital documents, standardising certification and enabling their admissibility, validity and enforceability as evidence in courts
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Finance Minister Nirmala Sitharaman called Indian communists “total cowards” during a Rajya Sabha debate, accusing CPI(M) MP John Brittas of spreading confusion over UPI charges. She defended the Taxation Amendment Bill and reiterated that consumers will not be charged for UPI payments
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Parliament passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman clarifying that UPI will remain free for consumers. The legislation also seeks to attract foreign capital, boost electronics manufacturing and ease operations for global cloud companies
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Finance Minister Nirmala Sitharaman rejected Congress leader Jairam Ramesh's criticism of the UPI amendment Bill, saying Merchant Discount Rate applies only to merchants. She accused the Congress of avoiding parliamentary debate, while Ramesh maintained the changes could eventually lead to charges on digital payments.
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The Rajya Sabha passed the Appropriation (No.3) Bill, 2026, authorising excess expenditure incurred during FY2022-23. Finance Minister Nirmala Sitharaman said the excess grants related to a Railway Ministry court order and debt repayment with no fiscal impact
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West Bengal Chief Minister Suvendu Adhikari said the state will become financially stronger within two years, announcing a ₹4,000-crore steel plant in Purulia and promising land allocation to 25 industries as part of an industrial growth drive
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The Lok Sabha was adjourned after passing the Appropriation (No.3) Bill, 2026 by voice vote amid Opposition protests. Members also disrupted proceedings over student protest action and other issues, while the government introduced the Taxation and Other Laws (Amendment) Bill, 2026
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The increase in monetary limits for filing departmental tax appeals has reduced disputed tax demand by an estimated Rs 16,690 crore, Parliament was informed. The government also highlighted several reforms introduced over the past 12 years to simplify tax compliance and improve taxpayer services
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The government introduced the Bankers' Books Evidence Bill, 2026, in the Lok Sabha to replace the 1891 law, recognising digital and virtual banking records as admissible evidence, expanding the definition of bankers' books, and modernising the legal framework for technology-driven banking
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Prime Minister Narendra Modi chaired a high-level meeting with senior ministers and officials to review the impact of the West Asia crisis on India’s energy supplies, trade and economy. The government discussed measures to ensure fuel availability and protect key sectors
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Finance Minister Nirmala Sitharaman received dividend cheques from LIC, Union Bank of India and New India Assurance for FY 2025-26. The Finance Ministry also highlighted the strong financial performance of public sector banks, including record profits, improved asset quality and historically low NPAs
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Union Finance Minister Nirmala Sitharaman urged Income Tax officials to improve public service, avoid making citizens run from pillar to post and uphold integrity. She also criticised delays, highlighted encroachments on government land and promised to address infrastructure and accommodation issues
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Shiv Sena (UBT) leader Sanjay Raut criticized Union Finance Minister Nirmala Sitharaman over her comments on exam paper leaks, calling her remark insensitive. Raut also urged RSS chief Mohan Bhagwat to demand Education Minister Dharmendra Pradhan's resignation
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Finance Minister Nirmala Sitharaman stated that government reforms have transformed India into a global hub for innovation. Addressing the YiFi Entrepreneurship Summit 2026, she urged young entrepreneurs to leverage sunrise sectors, stable policies, and digital infrastructure to build generational businesses
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Finance Minister Nirmala Sitharaman will review public sector banks' progress in mobilising foreign currency deposits on Monday following RBI incentives. The meeting will also assess overseas borrowings, encourage ECB fundraising, and discuss boosting credit flow to productive sectors amid declining foreign capital inflows
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Kerala Chief Minister V D Satheesan urged MPs to press the Centre to raise the state's borrowing limit from 3.5 to 4.5 per cent. The demand, discussed ahead of Parliament's monsoon session, sparked criticism from the Opposition over the government's changed stance
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Finance Minister Nirmala Sitharaman welcomed AustralianSuper's additional AU$500 million investment in the National Investment and Infrastructure Fund, calling it a vote of confidence in India's growth. The announcement coincided with Prime Minister Narendra Modi's Australia visit and broader energy and investment cooperation