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Quick-commerce sector shows signs of pricing discipline as discounting moderates: JefferiesThe quick-commerce scene in India is shifting its pricing strategies, with companies dialing down discounts and enhancing delivery minimums...- FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
- Ministry of Finnace to engage with banks and traders to allay Merchant Discount Rate concernsIn an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...
- UPI fee could recover up to Rs 15,000 crore annually while keeping most transactions freeNational Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...
- Proposed 0.4% UPI MDR could recover Rs 15,000 crore in first year: NPCI chiefGold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...
- Hero Motors shares list at 2% discount on IPO priceThe Rs 1,000 crore Hero Motors IPO was a book-built issue comprising a fresh issue of 7.14 crore shares aggregating to Rs 600 crore and an ...
- Global Market: Fed's Jefferson says lending facility improvements support market liquidityFederal Reserve Vice Chair Philip Jefferson said recent improvements to the discount window have made emergency borrowing easier, faster an...
- Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...
- NPCI says GST on UPI MDR will not burden small merchantsNPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...
- 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...
- FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformationFinance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are ...
- Amazon Great Indian Festival 2026: Dates, bank offers, discounts, EMI options, Prime benefits, and top deals on productsAmazon's Great Indian Festival 2026 will begin on October 8. Customers will receive a 10% instant discount on SBI cards. Prime members can ...
- Splitting UPI payment to sidestep MDR? No daily cap for nowUnder the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped...
- FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
- UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
- Sebi to examine discount brokers’ concerns over new UPI MDRSebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting O...
- 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...
- Manipal Payment & Identity Solutions lists at 2% discount to IPO priceManipal Payment & Identity Solutions made a weak stock market debut after its Rs 805-crore IPO was subscribed 1.26 times overall. The share...
- Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin KamathThe proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not ex...
- Honda September 2026 offers: Amaze, City, Elevate get up to Rs 2.44 lakh festive discountsHonda September 2026 offers: Honda Cars India has rolled out festive season discounts of up to Rs 2.44 lakh across its Amaze, City and Elev...
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