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OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...19 Sep, 2026, 09.39 AM IST- Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...18 Sep, 2026, 11.33 PM IST
- UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...18 Sep, 2026, 05.25 PM IST
- Cash-flow-based lending to become important for new-age sectors: SBI MDAs new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absen...18 Sep, 2026, 02.59 PM IST
- Powerball jackpot touches nearly $300-million mark for September 19 drawing - Here's what Saturday night's winner could take homeThe Powerball jackpot has surged to an impressive $298 million for the upcoming drawing on Saturday. After no tickets matched the winning n...18 Sep, 2026, 08.39 AM IST
- FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...17 Sep, 2026, 06.41 PM IST
- Mutual funds cut cash allocation by Rs 8,500 crore in August to Rs 1.82 lakh crore; ICICI Pru MF leads reductionAugust witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27...17 Sep, 2026, 01.55 PM IST
- CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flowThe CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just thre...16 Sep, 2026, 11.57 PM IST
- Australian woman left job, closed bank account, deciding to become cash-free. 12 years later, she has no home or savings and is living rent-free with familyShe gave up her job in 2015, closed her bank account, and has since been living for more than a decade without cash. In several interviews,...16 Sep, 2026, 10.42 PM IST
- Delhi traders plan cash payments push to avoid fee on UPI paymentsTraders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two ...16 Sep, 2026, 06.38 PM IST
- From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive seasonRetailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...16 Sep, 2026, 05.25 PM IST
- Psychology says people who always keep a lot of cash in their wallets may be seeking more than financial securityPeople may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...15 Sep, 2026, 07.54 PM IST
- This country is literally paying people to read, one page at a time, to fight the brain rot epidemicSingapore launched a novel campaign to encourage citizens to read more. This initiative offers small cash payments for logging reading minu...15 Sep, 2026, 07.03 PM IST
- South African delegate's Rs 3 lakh cash left in cab recovered by Delhi Police before flightIn a remarkable display of efficiency, Delhi Police successfully retrieved a missing bag belonging to a South African delegate, which conta...14 Sep, 2026, 06.13 PM IST
- The blue ribbon on a $100 bill is not a printed decoration; the U.S. Currency Education Program says it is woven into the paper, and its bells and 100s move when tiltedThe $100 bill boasts a sophisticated woven blue stripe embedded with microscopic lenses. When tilted, the bill reveals tiny, dynamic images...14 Sep, 2026, 01.40 PM IST
- Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...08 Sep, 2026, 05.00 PM IST
- Should you worry about your mutual fund cash levels? Know why funds keep it and when it can be an alarmCutting through money jargon, one topic at a time. This week Abhinav Kaul explains why funds sit on cash, what it costs you, and when it sh...07 Sep, 2026, 11.02 AM IST
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