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GOVERNMENT PAYMENT POLICY
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...- India joins WTO fish subsidies pact, 900 questions at trade policy reviewIndia has joined the WTO agreement on fisheries subsidies, prohibiting harmful fishing practices. This pact safeguards traditional fishers ...
- BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
- Trump Media pitched $100,000 monthly fee for 'fastest' feed of US president's posts: ReportTrump Media & Technology Group, which owns Truth Social, has in recent weeks also pitched a discounted plan of $60,000 per month if the fir...
- The challenges facing UK's next PM Andy BurnhamAndy Burnham will become Britain's prime minister facing significant economic and welfare challenges. He aims to boost the economy and impr...
- UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
- West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
- Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
- Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...
- From mediator to marketer: Pakistan lobbies for a bigger US rolePakistan hired a US lobbying firm to boost security cooperation and minerals investment. The two-year agreement aims to convert goodwill in...
- Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
- Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
- How beavers helped a struggling England farm secure a £1 million deal and spark a multimillion-pound revivalA Lincolnshire rewilding project aims to prove nature restoration's profitability. Beavers will be reintroduced to a 1,525-acre farm, trans...
- Ukraine's parliament approves Serhii Koretskyi as the country's new prime ministerUkraine's parliament approved Serhii Koretskyi as the new prime minister. This appointment occurred as hundreds protested the defense minis...
- RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- "We are moving ahead with connecting India's UPI and New Zealand's payment system": PM Modi"Friends, to make our Strategic Partnership meaningful, we are turning the strengths of both countries into practical cooperation. In the f...
- The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
- Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
- Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...
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