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UPI MDR could cost 47.2 bps with GST for merchantsThe new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...- Monthly vs quarterly interest credit: You might be losing out on money in your savings bank account - here's howWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
- China's Xi calls for 'bigger, stronger' advanced manufacturing sectorChinese President Xi Jinping urged China to bolster its advanced manufacturing sector. He emphasized strengthening control over crucial ind...
- US Fed Rate Hike: What it means for your money and investmentsThe US Federal Reserve’s quarter-point rate hike could raise borrowing costs for credit card and adjustable-rate mortgage borrowers while b...
- Stocks in news: Infosys, Mazagon Dock, Fortis Healthcare, JSW Energy and Kalpataru ProjectsOn September 16, Indian markets experienced a careful resurgence, with the Nifty and Sensex both moving upwards. This rebound was fueled by...
- Shriram Finance plans $500 million bond buybackThe company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borrowing costs and the buyback will b...
- UPI MDR may attract 18% GST; eligible merchants can claim input tax creditEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
- UPI MDR a welcome move, will help support infra for growing digital payments: Mohandas PaiThe central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...
- Will fixed deposit interest rates go up in October as inflation rises?Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by t...
- Oracle begins new round of layoffs: ReportPer documents accessed by the publication, emails were sent to impacted employees across multiple departments. They were offered four week ...
- 'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha NageswaranIndia's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this ...
- South Africa agrees $1 billion infrastructure loan with New Development BankSouth Africa has secured a one billion dollar loan agreement. This funding from the New Development Bank will facilitate crucial municipal ...
- HPE valuation under pressure: What’s behind the stock selloff?Hewlett Packard Enterprise shares fell sharply after Evercore ISI downgraded the stock, citing stretched valuations following a powerful ra...
- OBPPs pitch investor protection fund for retail bond investorsProviders of online bond platforms are advocating for the creation of a new investor protection fund. This initiative is designed to serve ...
- Barclays raises S&P 500 year-end target to 7,950 on strong earningsBarclays raised its year-end S&P 500 target to 7,950 from 7,800, citing strong corporate earnings and continued AI investment. The brokerag...
- India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
- New GDP series captures structural changes in economy, reflects global best practices: N K SinghN K Singh supports new GDP data reflecting India's economic structural changes. He also noted the sovereign rating upgrade after thirty-eig...
- After 35 years, Japan's JCRA upgrades India sovereign rating to A- from BBB+Japan Credit Rating Agency has upgraded India's sovereign rating to A- after more than three decades. This upgrade recognizes India's solid...
- Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
- Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
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