New Delhi, Sep 16 (IANS) The Merchant Discount Rate (MDR) on select UPI payments could create an annual revenue pool of up to Rs 20,000 crore for banks and digital payment providers, according to many brokerages.Analysts at global brokerage firm...
Mumbai, Sep 16 (IANS) Indian stock markets traded higher on Wednesday with equity benchmarks rising around 0.7 per cent each in early deals amid buying in FMCG, banking, cement and auto stocks.Nifty was at an intraday high of 23,281, an...
Seoul, Sep 16 (IANS) The government on Wednesday announced plans to formally allow the use of abortion pills by women up to nine weeks pregnant, as related regulations remain unrevised following the Constitutional Court's 2019 striking down of the abortion...
Seoul, Sep 16 (IANS) Unionised workers at South Korean steelmaker POSCO began a second partial strike on Wednesday after failing to narrow differences with management in wage negotiations.The 120-hour walkout began at 7 a.m. at POSCO's steel plants in Pohang...
New Delhi, Sep 15 (IANS) The Reserve Bank of India (RBI) on Tuesday said that the introduction of MDR on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India’s digital payments ecosystem.It will help UPI...
New Delhi, Sep 15 (IANS) Industry experts on Tuesday said the UPI ecosystem needs a viable economic foundation to support continued investment and innovation, while ensuring that consumers and small merchants continue to benefit from affordable digital payments.Reacting to the...
New Delhi, Sep 15 (IANS) IndiGo flight 6E 6504 operating from Agartala to Delhi was reportedly diverted to Lucknow on Tuesday after its pilot declared an emergency mid-air over a suspected fire in the aircraft’s cargo department.The pilot decided to...
New Delhi, Sep 15 (IANS) India's total exports of merchandise and services rose by 25.41 per cent to $82.68 billion in August this year, compared to the corresponding figure for the same month of the previous year, the Commerce Ministry...
New Delhi, Sep 15 (IANS) The Supreme Court on Tuesday disposed of a plea filed by former National Stock Exchange (NSE) Managing Director and CEO Chitra Ramkrishna challenging a Delhi High Court judgment, observing that the issue of whether she...
New Delhi, Sep 15 (IANS) The BRICS Summit was a huge success as India managed to bring all member countries together and build consensus on the Delhi Declaration, Fellow at the Chintan Research Foundation Indrani Talukdar said on Tuesday, stressing...
New Delhi, Sep 15 (IANS) India’s gold imports dipped 57.7 per cent year on year to $2.3 billion in August even as overall merchandise imports rose 14.1 per cent to $70.67 billion, the government data showed on Tuesday.Merchandise gold exports...
New Delhi, Sep 15 (IANS) The Indian economy is more likely to be resilient rather than becoming more vulnerable, Dr V Anantha Nageswaran, Chief Economic Adviser, said on Tuesday, citing strong bank credit growth, robust GST collections and healthy corporate...