MUMBAI: Will the reintroduction of MDR on select UPI transactions impact you in any way? Well, a lot will depend on individual retailers, even though the government has kept consumers beyond the ambit of the framework. MDR is charged to merchants by banks and payment networks for processing digital transactions.Many of the large merchants such…
Commercial operations at the Noida International Airport are expected to begin within 45 to 60 days, Civil Aviation Minister K Rammohan Naidu said on Saturday, indicating that the final preparatory steps are underway, reported PTI.The greenfield airport at Jewar in Uttar Pradesh was inaugurated earlier in the day by Prime Minister Narendra Modi, marking a…
US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9%…
India recorded a current account surplus of $7.1 billion, equivalent to 0.7% of GDP, in the January-March quarter of FY26, according to Reserve Bank of India data released on Monday.The surplus was lower than the $13.7 billion, or 1.4% of GDP, recorded in the corresponding quarter of FY25, according to news agency PTI.However, for the…
The completion is particularly significant given the difficult geological conditions along the Himalayan alignment. (Image for representative purpose only) The 125 kilometres long Rishikesh-Karnaprayag new railway line, which is currently under construction, has achieved a major milestone with a new tunnel breakthrough. Rail Vikas Nigam Limited (RVNL), which is the implementing body for the project,…
BYD India today showcased its DM-i (Dual Mode Intelligent) technology in India, bringing the company’s globally established plug-in hybrid system to the country. The technology is expected to support BYD’s future product plans in India and offers a claimed combined driving range of more than 1,200km. Unlike conventional hybrid systems that rely primarily on the…
RBI’s decision upends efforts by Noel Tata, chairman of Tata Trusts -Tata Sons’ majority shareholder -to keep the company private MUMBAI: Reserve Bank of India has shut the door on Tata Sons’ attempt to surrender its core investment company (CIC) registration, dealing a blow to the efforts of the holding company of the $185bn Tata…
Russian crude made up 87 per cent of India’s total fossil fuel imports from Russia during the month. India’s purchases of Russian crude oil reached a fresh record in July for the second straight month, according to data compiled by the Centre for Research on Energy and Clean Air (CREA). This highlights India’s continued preference…
The rupee appreciated by 28 paise to close at 92.90 against the US dollar on Monday, supported by the Reserve Bank’s measures aimed at curbing speculative activity and reducing volatility, PTI reported.Forex traders said that while the RBI’s actions are positive for the currency, continued foreign fund outflows, a firm dollar and elevated crude oil…
TRIGGER WARNING: This article contains gruesome details of murder and violence, which could be triggering for some readers.Kangana Ranaut has responded to the Bengaluru murder case, in which a woman and her alleged lover have been accused of killing her husband and her five-year-old son. The actress invoked the disturbing case to question the shifting…