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Results for "Nirmala Sitharaman"

2 results

Customer making a UPI QR payment at an Indian shop as the government clarifies that MDR will not be charged to consumers

IndiaDigital India

UPI MDR Clarification: Nirmala Sitharaman Says It Is Not a Tax, Customers Won’t Pay Extr

Finance Minister Nirmala Sitharaman says the new UPI MDR is not a tax and cannot be passed on to customers. Here is who actually pays, what changes from October 15 and which UPI transactions remain free.

Updated 25 Sept 202614 min read

Finance Minister Nirmala Sitharaman discusses India's crude-oil sourcing strategy amid US tariff risks linked to Russian oil purchases

BusinessEconomy

India Will Stay Pragmatic on Russian Oil Despite New US Tariff Risk, Sitharaman Says

Finance Minister Nirmala Sitharaman says India cannot abruptly abandon Russian crude and will base oil purchases on availability, price and refinery suitability as a new US law raises the risk of tariffs of up to 100% on major Russian-energy buyers.

Updated 24 Sept 202613 min read