Finance
Many urban Indians aspire to retire by age 50, driven by the desire for financial independence. According to the Axis Max Life Bharosa Talks India Retirement Index Study (IRIS 6.0) conducted in collaboration with Kantar, approximately...
लखनऊ के निगोहां थाना क्षेत्र के राजारामखेड़ा गांव में एक अजीबोगरीब घटना सामने आई है। यहां, एक युवक नेवल को मोबाइल की किस्त न चुका पाने के कारण किस्त चुकाने वाले दो लोगों ने बंधक बना...
NSE Launches India’s First Tokenised Corporate Bond Issuances Worth Rs 1,000 Crore
The National Stock Exchange of India (NSE) has successfully launched India’s inaugural tokenised corporate bond issuances, totalling Rs 1,000 crore. This milestone achievement took...
Best Crypto Exchange Comparison: Seven Questions to Ask
A platform can look impressive until you place your first real trade. Low fees may hide wider spreads. A long coin list means little...
‘Running UPI System Is Not Cheap’: Omar Abdullah Defends Merchant Charges
Jammu and Kashmir Chief Minister Omar Abdullah has backed the Centre’s decision to introduce a 0.4 per cent merchant discount rate (MDR) on UPI...
Cost Implications for UPI Transactions Exceeding Rs 2,000
Recent updates have catalysed a discussion regarding the costs associated with higher-value UPI payments. As of September 14, the Indian government has reaffirmed that...
Tier-2 and Tier-3 Cities Drive Surge in India’s Personal Loan Demand
The growth in personal loan demand is notably shifting from metropolitan areas to Tier-2 and Tier-3 cities across India. A textile trader in Surat,...
India Achieves 7.8% Economic Growth in Q1 Attribution to MSMEs and Industry
Union Finance Minister Nirmala Sitharaman stated that India’s 7.8 per cent economic growth in the first quarter of the current financial year is a...
Brokerages Upgrade Paytm Earnings Forecasts Following India’s New UPI MDR Policy
India's recent introduction of a merchant discount rate (MDR) on UPI transactions exceeding Rs 2,000 has led various brokerages to significantly revise their earnings...
Shares of Paytm, MobiKwik and Pine Labs Surge Following UPI MDR Announcement
The recent announcement of a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI merchant transactions exceeding Rs 2,000 has led to a...
RBI Repo Rate May Rise to 6.5% Amid Inflationary Pressures
The Reserve Bank of India (RBI) is reportedly facing increased pressure to raise the policy repo rate from the current 5.25 per cent to...
UPI Payments for Consumers Stay Free While Merchant Transactions Over Rs 2,000 Will Incur a Fee
Unified Payments Interface (UPI) transactions continue to be free for consumers, emphasising the Indian government's commitment to promoting digital payments. The interface allows users...
New Merchant Discount Rate Framework to Enforce Rs 5 Charge for Certain UPI Payments
The forthcoming Merchant Discount Rate (MDR) framework for UPI payments, set to take effect on October 15, 2026, introduces a fixed charge of Rs...
New UPI Charges to Take Effect from October 15, 2023
A new charge structure for UPI payments will be implemented from October 15, affecting only certain transactions. Under the new Merchant Discount Rate (MDR)...