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‘Money came by mistake’: Man returns Rs 8,400, later finds his Rs 25,000 blocked by bank over ‘suspicious activity’A viral X post has raised concerns over returning money received from unknown bank accounts after a man claimed that Rs 8,400 sent to him b...
Lloyds Enterprises settles listing rule violations case with SebiSebi has settled a case involving Lloyds Enterprises and former executives Rajesh Rajnarayan Gupta and Viresh Shankar Sohoni after Rs 4.16 ...
- Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable deals
The AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under...
Apple Pay India launch may change payments in iPhones: Expected date, banks supported, UPI access and featuresApple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service...
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly th...
Senate passes 'Protect College Sports Act' that would rein in athlete payments and transfersThe Senate has passed a bipartisan bill that aims to regulate college sports and athlete payments. This legislation seeks to address the ch...
Google tests direct buying option on Flipkart through GeminiGoogle is taking a leap forward in its AI capabilities by introducing direct purchasing options from Walmart-owned Flipkart through AI Mode...
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
Hyperscaler cloud revenues projected to top $1 trillion by 2030 amid AI, digital asset convergence: ReportHyperscaler cloud revenues could exceed $1 trillion annually by 2030, driven by expanding demand for computing resources required to train ...
In 1998, an investor writes a $100,000 cheque to a startup called Google, which was running out of a garage; founders Larry Page, Sergey Brin set it up as a business the very next day, now the company is worth more than $4 trillionGoogle's birthday: Google marks its 28th birthday on September 27, 2026, with a special Doodle bringing back its early logo. The occasion l...
What went wrong with Amazon Prime that led to a $2.5 billion FTC settlement? Here’s what eligible customers can actually receiveAmazon Prime FTC settlement refunds: The Federal Trade Commission just forced a massive recalculation of how much digital friction a compan...
Admission cancelled, Rs 21,000 fee refund denied; student didn't even attend any classes; court orders school to pay Rs 36,000A father in Secunderabad paid Rs 21,000 to admit his daughter at a Hyderabad school in February 2019, only to cancel the admission within a...
Pine Labs teams up with Google Cloud to bring AI agents to merchantsPine Labs has announced a partnership with Google Cloud to support Indian merchants in future AI-driven commerce. The collaboration aims to...
How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...
Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakhAllahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s perso...
New-age brokers Groww, Zerodha, others to write to Sebi on UPI MDR: SourcesThe representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2...
ETtech Explainer: Who pays MDR on UPI and who does notStarting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...