The finance ministry has denied opposition claims that foreign pressure led to the decision to impose a 0.4 per cent Merchant Discount Rate on UPI transactions above Rs 2,000 from October 15.…
The government on Tuesday announced a 0.4% Merchant Discount Rate (MDR) on person-to-merchant UPI transactions above Rs 2,000, effective October 15. The MDR is capped at Rs 300 for transactions of Rs…
The government has barred banks and payment system providers from charging fees on Unified Payments Interface (UPI) transactions up to Rs 2,000 and RuPay debit card payments, under a notification issued on…
The central government has barred banks and payment providers from charging any fee on UPI transactions up to Rs 2,000, citing Section 10A of the Payment and Settlement Systems Act 2007. The…
The government has notified that no charges can be imposed on UPI transactions of up to Rs 2,000 or on RuPay debit card payments. The finance ministry issued the clarification under Section…
The Railways, Petroleum, and Finance ministries are examining a merger of Balmer Lawrie and IRCTC, which would help the railway company expand its air-ticketing business.
The finance ministry has raised concerns over the 'oligopolistic nature' of India's aviation sector at an inter-ministerial meeting, questioning steps taken to prevent a handful of players from cornering airport contracts. The…
Investing Rs 1.2 lakh as a lump sum in the Public Provident Fund (PPF) before April 5 each year yields about Rs 99,000 more than investing Rs 10,000 per month over 15…
The Unified Payments Interface (UPI) completed a decade on August 25, 2026, with annual transaction volumes rising from 1.78 crore in 2016-17 to over 24,162 crore in 2025-26, an almost 13,000-fold increase,…
The United Forum of Bank Unions (UFBU) has announced a three-phase nationwide strike in September and October, demanding a five-day work week and withdrawal of the revised Performance-Linked Incentive (PLI) scheme. The…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.