Business
OTP can’t secure payments: RBI rolls out stricter digital payment rules from April 1 – what is changing
Reserve Bank of India (File photo) With the beginning of the new financial year, India’s digital payments landscape is poised for a major security overhaul as the Reserve Bank of India (RBI) rolls out stricter authentication norms from April 1.The move comes in response to rising transaction volumes and increasing fraud risks. RBI aims to…
Top 10 things that change for your finances from April 1, 2026: From new PAN application norms, FASTag fee to income tax & ATM rules
Top 10 changes to your finances (AI image) It’s the start of a new financial year 2026-27, and from today, April 1, 2026 several small and big changes in the way you manage your finance, and income tax come into effect. Some of the changes affect credit card users, FASTag subscribers, RuPay debit cardholders. Here…
GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore
GST collections: India’s net Goods and Services Tax (GST) collections increased to Rs 1.78 lakh crore in March 2026, marking a rise of 8.2% compared to the previous month, according to official figures released on Wednesday.Gross GST revenue for March stood at Rs 2 lakh crore, which is an 8.8% increase over the same month…
‘No choice’: Asian nations tap Russian oil under US waivers amid Middle East war
Representative image (AI-generated) With the near-closure of the Strait of Hormuz disrupting global oil supplies, several Asian countries are turning to Russian oil to fill the gap caused by the Iran war.Energy-starved nations in the region are taking advantage of US sanction waivers to secure Russian crude, Bloomberg reported. The Philippines recently received its first…
Rupee at 100? Currency may slide further versus US dollar as crude oil prices rise, Middle East conflict persists
Since the onset of the geopolitical tensions, the currency has declined by roughly 4%. (AI image) Will the US-Iran war lead to the rupee hitting the 100 per dollar mark? Experts are of the view that a prolonged Middle East conflict may lead to the rupee depreciating even more with policy measures unlikely to offer…
No quick reset for oil, gas prices even after war ends? EU issues warning
AP photo European Union energy commissioner Dan Jorgensen warned that amid the ongoing Iran war, oil and gas prices in Europe are unlikely to return to normal levels anytime soon, even if peace were declared tomorrow.Skyrocketing energy costs have pushed gas prices up by about 70% and oil prices by 60% in Europe since the…
Asian stocks today: Markets rallied as hopes grew that Iran war could end soon; Kospi jumps 5.5%, Nikkei rises 3.9%
Asian shares rallied in early trade on Wednesday after hopes grew that the Iran war could end soon.MSCI’s broadest index of Asia-Pacific shares outside Japan rose by 2.7%, while South Korea’s Kospi surged as much as 5.5% and Japan’s Nikkei 225 jumped 3.9%.The gains came after US President Donald Trump said that the United States…
Gold, Silver Rate Today Live Updates: Gold prices rise after worst monthly fall since 2008; what’s the outlook?
Trump said that Tehran is not required to reach an agreement for the conflict to de-escalate. He is expected to address the nation later in the day with an update on the situation. Global equity and bond markets strengthened on hopes that tensions in the Middle East could ease. “Should geopolitical tensions de-escalate further, then…
Sammaan eyes `1.5L cr book, 1,500 branches in three years
MUMBAI: Sammaan Capital, formerly Indiabulls Housing Finance, will pivot to a multi-asset lender spanning personal/gold/MSME loans after its acquisition by Abu Dhabi-based International Holding Company for about Rs 8,850 crore, making it a multinational NBFC.IHC’s affiliate Avenir Investment RSC will take a 41.5% stake via preferential shares/warrants, with scope to cross 63% through a mandatory…
Magicbricks, SPA tie up for research
NEW DELHI: Magicbricks has announced a strategic partnership with the School of Planning and Architecture (SPA Delhi) to bring sharper, research-led clarity to the country’s evolving real estate landscape. “By combining large-scale consumer demand signals with academic and spatial planning frameworks, the partnership seeks to create insights that are not just data-rich, but contextually meaningful,”…