Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
16 Sep, 2026, 06.48 PM IST
UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...
16 Sep, 2026, 06.34 PM IST
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
16 Sep, 2026, 01.22 PM IST
CCB searches former DMK Minister Anbil Mahesh's premises in Rs 100-cr private school fraud caseCCB sleuths searched premises linked to former minister Anbil Mahesh Poyyamozhi. These searches are connected to an alleged Rs 100-crore pr...
16 Sep, 2026, 11.25 AM IST
H-1B should not exist to replace American workers with low-wage foreigners: JD VanceUS Vice President JD Vance defended changes to the H-1B visa program. He stated the administration seeks highly skilled workers, not displa...
16 Sep, 2026, 08.12 AM IST
NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
15 Sep, 2026, 11.32 PM IST
ED chief orders action against IBC frauds, large haircuts to promotersThe ED director has ordered increased action on IBC fraud cases. He also directed steps for police FIR delays in certain states. Investigat...
15 Sep, 2026, 08.49 PM IST
In loss for Trump, US Supreme Court won't let Postal Service restrict mail ballotsThe US Supreme Court on Monday blocked the Postal Service from enforcing a Trump-backed rule tightening mail-in ballot procedures, upholdin...
15 Sep, 2026, 07.12 AM IST
Central database may be used for financial oversight, risk monitoringIndia's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout o...
15 Sep, 2026, 12.45 AM IST
BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
12 Sep, 2026, 08.57 PM IST
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
11 Sep, 2026, 02.24 PM IST
US appeals court rejects Trump bid to implement mail-in voting restrictionsA U.S. appeals court declined to implement a new USPS mail-in voting rule. This decision prevents the postal service from enforcing stricte...
10 Sep, 2026, 10.39 PM IST
Sheikh Hasina's daughter Saima Wazed resigns as WHO regional head after fraud allegationsSaima Wazed, WHO Southeast Asia head, resigned Wednesday following fraud investigations. The UN health agency had placed her on unpaid admi...
10 Sep, 2026, 06.50 PM IST
GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economyGFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networ...
10 Sep, 2026, 06.28 PM IST
Supreme Court directs SAT to revisit Cairn India buyback caseA Supreme Court bench of Justices JB Pardiwala and KV Viswanathan partly allowed Sebi's appeals against SAT's ruling and asked the tribunal...
09 Sep, 2026, 11.53 PM IST
UIDAI using AI extensively to detect fraud: Chairman Neelkanth MishraUIDAI is extensively deploying Artificial Intelligence to detect and counter fraud effectively. Daily Aadhaar authentications have dramatic...
09 Sep, 2026, 09.36 PM IST
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
09 Sep, 2026, 08.45 PM IST