NITI Aayog defends the government's UPI transaction fee decision. Businesses must become sustainable without relying on government subsidie...

Indian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond mark...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

The eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...

The government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...

The government has introduced a 0.4% fee on UPI payments of more than Rs 2,000 made to merchants from October 15. Under this, a merchant di...

A top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transacti...

Congress criticises the government for introducing charges on UPI transactions for merchants. This move is seen as appeasing United States ...

An HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...

Congress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...

Samsung India’s head of public affairs and ESG, Rajiv Aggarwal, has resigned after nearly four years at the company, with his last week cur...

Karnataka Chief Minister DK Shivakumar has compared US President Donald Trump’s proposed $5,000 payment to American adults with Congress’ w...

The government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...

The latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...

In 2024-25, the state paid Rs 25,604 crore towards interest and Rs 29,126 crore as principal, while for 2025-26, the revised estimates show...

India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...