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UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsUPI MDR: Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI tra...
UPI payments above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
Govt unveils tax overhaul to woo global investors, boost manufacturingA new bill aims to attract foreign investment and support key industries. It eases rules for offshore funds and global fund managers operat...
Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LSA groundbreaking bill has been introduced to boost foreign investment while fostering local manufacturing in India. By simplifying regulati...
Taxation laws amendment bill tabled in Lok Sabha: What the new tax bill changes for foreign investorsFinance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing simpler rules for offshore inv...
Taxation laws amendment bill: Government proposes simplified exemption framework for offshore fundsA bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offe...
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank's total balance sheet expanded by twelve percent t...
'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
Canara Bank, Bank of Baroda, Indian Bank pay Rs 7,023 cr dividend to govt for FY26Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the governme...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
Indian government, tech firms running tests for Anthropic's Mythos threatIndia is rigorously testing its critical financial and government software for vulnerabilities to Anthropic's powerful Mythos AI. Tech gian...
West Asia crisis not a diplomatic issue, will lead to higher fuel costs for common man: Finance Minister Nirmala SitharamanFuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis mea...
Customs overhaul to be focus in next set of reforms: Finance Minister Nirmala SitharamanFinance Minister Nirmala Sitharaman expressed confidence in India's economy growing at 7% or more this fiscal year, despite global headwind...
North East is the biggest beneficiary of GST: FM Nirmala SitharamanSitharaman was in Guwahati on Friday to attend the Investiture Ceremony for conferment of Presidential Award of Appreciation Certificates a...
Be on high alert to curb drug smuggling: FM Sitharaman to customsAddressing tax officers at an event marking 60 years of the Customs Act, the minister also asked the Central Board of Indirect Taxes and Cu...
Mumbai Airport Customs seize 61 kg gold worth Rs 32 crore in a day. FM Niramala Sitharaman lauds the alertnessAt Mumbai Airport, based on the continuous monitoring of suspicious flights and building on the data-based analysis from the earlier high-q...
Work focus of Indian Customs shifted to trade facilitation: FM Nirmala Sitharaman"There has been a paradigm shift in the working of Indian Customs as focus shifted to ease of doing business and trade facilitation. Adopti...