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SERVICE AND TRANSACTIONAL CALLS
UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...- TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cosTRAI mandates a new 1601 number series for transactional calls by other sectors. This initiative aims to separate these calls from sensitiv...
- Jeweller takes 32-gram gold from customer, keeps it for 3 years and then denies receiving: Consumer court orders Kapoor Jewellers to return the gold and pay Rs 35,000; here's why32 grams of gold handed to Kapoor Jewellers in Kangra for making new bangles was neither returned nor converted into the promised ornaments...
- PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
- 'Dubious claims': Congress' Jairam Ramesh hits back at Nirmala Sitharaman on taxation billJairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...
- AI safety: India must keep humans in the loop, prevent exclusion, says CEA NageswaranChief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial ex...
- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
- Sebi takes up 402 investigation cases in FY26; completes 338Sebi investigated 402 cases in 2025-26 for securities law violations. Fraudulent and unfair trade practices saw 121 cases taken up for scru...
- Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
- Our service business gave us the insight to build better products: Urban Company's Varun KhaitanUrban Company has launched its Native M3 and Native M3 Pro water purifiers with a three-year unconditional warranty and no routine servicin...
- Nagpur woman loses Rs 6.93 lakh in online scam, files complaint against bank, wins back money with 9% interest and additional Rs 35000A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank t...
- 1.48 billion promotional 140-series calls blocked in Q1 after DND preference checks: TRAI reportTRAI reported 13.16 billion promotional calls originated via the 140 series. About 1.48 billion promotional calls were blocked after verifi...
- TRAI takes action against 1.83 Lakh telecom resources to curb unsolicited commercial communicationsThe Telecom Regulatory Authority of India (TRAI) took action against 1.83 lakh telecom resources and blacklisted 263 senders during the fir...
- Singapore's Grab lifts annual forecasts as AI, incentives drive growthGrab has increased its annual revenue and profit forecasts for the upcoming year. Strong demand for ride-hailing and delivery services fuel...
- In 1969, California biologist Phil Pister carried endangered Owens pupfish across hazardous terrain in two buckets; in 2024, a seventh refuge population was establishedIn a dramatic rescue in 1969, biologist Phil Pister painstakingly transported the last of the Owens pupfish through challenging landscapes ...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- Bengaluru hoteliers seek meeting with Swiggy CEO, repeat Aug 15 boycott threatThe latest move comes amid growing friction between restaurant associations and food delivery platforms over commissions, discounting polic...
- Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
- India's Second Leapfrog: From sick-care to AI-native health infrastructureJust as India bypassed copper landlines to become a global mobile data leader, it can now bypass the West's CPT-coded sick-care bureaucracy...
- Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
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