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Why UPI needs transaction feesA groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance ...- FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on securityFinance Minister Nirmala Sitharaman stated Merchant Discount Rate applies to merchants, not customers. This charge will support banks and f...
- Pidilite sees double-digit volume growth in FY27 despite volatile commodity prices: MD Sudhanshu VatsPidilite Industries expects double-digit volume growth in FY27 and stable earnings. The company implemented price increases to offset risin...
- Xbox Disc to Digital Programme: Microsoft's reported 'Positron' feature could let gamers convert physical discs into digital licenses. Check all detailsMicrosoft is reportedly preparing an Xbox Disc to Digital Programme for August 2026. This feature will let players convert physical game di...
- Vizag to emerge as India's top digital infra hub, to create 52,000 jobs: ReportVisakhapatnam is set to become a major digital infrastructure hub in India. Its growing data centre ecosystem will create nearly fifty-two ...
- Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital paymentsThe Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...
- Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- CAIT backs nominal MDR on high-value UPI transactions if proposed, says await bill detailsThe Confederation of All India Traders will support a nominal Merchant Discount Rate on higher-value UPI transactions. This support is cont...
- Internet subscribers cross 109 crore; 2.21 lakh Gram Panchayats made service-ready under BharatNet: GovtInternet subscribers have surpassed 109 crore, and over 2.21 lakh Gram Panchayats are now service-ready. Telephone connections also saw a s...
- Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era lawThe Lok Sabha approved a Bill to update evidence laws for digital records. This legislation replaces an old British-era act for modern bank...
- Digital arrests: SC tells RBI to frame SOP on mule A/CsThe Supreme Court has directed the RBI to create a standard operating procedure for mule accounts. States and Union Territories must operat...
- Rejig of global tax reporting rules to cover digital financeThe revised guidance, issued by the central board of direct taxes (CBDT), lays down an updated compliance framework for reporting financial...
- Indian Museum joins hands with IIT-Kharagpur for use of 'AI-based restoration' of artefacts: GovtThe Indian Museum in Kolkata is using AI for artefact restoration and digital preservation. This initiative aligns with the vision of promo...
- Indian businesses still rely on manual invoicing despite digital adoption: StudyNearly seventy percent of businesses still struggle with manual invoice processing. This remains the biggest accounting challenge for India...
- Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
- Sebi extends deadline till Oct-end to complete digital accessibility audits, resolve platform issuesSebi has announced an extension for regulated entities to complete their digital accessibility audits, moving the deadline to October 31, 2...
- Supreme Court pushes Centre to define 'digital arrest' as standalone crime with tougher punishment amid rising deepfakes, frauds & fake callsSC on digital arrest: The Supreme Court suggested defining digital arrests as a standalone criminal offense. Existing laws may prove insuff...
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