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CHARGING INFRASTRUCTURE
Petronas arm Gentari puts India EV charging business up for salePetronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates abou...- PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
- Indofast, GLIDA to set up 100+ battery-swapping stations across IndiaIndofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundr...
- UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
- IN-SPACe moves to hand over Isro’s new Rs 986 crore small rocket launch complex to private sectorIN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch ef...
- UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
- PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
- PhonePe, Razorpay chiefs say UPI will stay free for users, back sustainable modelPhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
- 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...
- UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
- Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
- 'Dubious claims': Congress' Jairam Ramesh hits back at Nirmala Sitharaman on taxation billJairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...
- UPI transactions 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 ...
- Will UPI become chargeable? FM Niramala Sitharaman clears the airFinance Minister Nirmala Sitharaman clarified merchant discount rates will not affect customers. She stated that merchants will bear any ch...
- Proposed UPI MDR changes spark reactions from politicians, Industry leaders and usersA debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...
- Delhi EV registrations hit 2026 high in July after new policyElectric vehicle registrations in Delhi reached a new high of 10,719 units in July. This surge followed the notification of the Delhi gover...
- Battery Smart may file IPO papers in September-October; eyes 70-80% annual growthBattery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth ove...
- RoadGrid gets government backing to expand EV charger manufacturingRoadGrid India received Rs13 crore funding from the Technology Development Board. This investment will establish a manufacturing facility f...
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