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UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
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 ...
RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
Can a shop charge you extra for paying by credit card? Here's what every card user should knowCan merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...
Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosuresKalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcem...
Bank of Baroda may trigger cyber insurance claimBank of Baroda has filed a preliminary claim under its cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer...
Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
RBI Ombudsman scheme 2026: You can get up to Rs 33 lakh compensation for your bank grievances under this schemeThe RBI Ombudsman 2026 scheme offers free grievance redressal for customers. This scheme covers complaints against banks and other regulate...
Psychology says people who make payments, fill forms or do any other thing on the last day aren't simply lazy: What this behavior may reveal?Psychology says people who make payments, fill forms or do any other thing on the last day aren't always careless or lazy. Psychology expla...
Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global marketsPayoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This f...
Why getting a SWP death claim is not that simple for surviving spouses and why Sebi must ensure strict adherenceIt is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death c...
World Cup streaming giant draws scrutiny for promoting gamblingBrazilian regulators are looking into CazéTV's aggressive betting promotions during FIFA World Cup broadcasts. The popular YouTube channel ...
View: Meta's cloud play will spice up Ambani-Adani rivalryMeta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons M...
US plans changes to employment-based green card certification processThe US Department of Labour is set to modernize the PERM process for sponsoring foreign workers for green cards, a system unchanged since 2...
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...
RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...
Meta's India bet: Why Kunal Shah could be key to unlocking WhatsApp's business potentialMeta, owner of WhatsApp, is exploring ways to monetize its massive Indian user base. A potential minority stake in fintech startup Cred, le...
Why Meta’s Cred investment matters for WhatsApp Pay in IndiaMeta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fi...
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...