Credit card debt: heirs liable only up to inherited assets
Credit card debt does not vanish when a cardholder dies, but family members are not personally liable to repay it from their own income or savings. Repayment must come from the deceased…
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Supreme Court refuses to stay UPI charges on payments above Rs 2,000
The Supreme Court on Monday declined to put an interim stay on the government's decision to levy a merchant discount rate (MDR) on UPI payments above Rs 2,000. A bench led by…
Tata Motors offers battery-as-a-service across all EVs
Tata Motors has extended its Battery-As-A-Service (BaaS) scheme to the entire electric vehicle portfolio, allowing customers to buy an EV without the battery and pay a separate usage fee. Depending on the…
SBI ATM, UPI MDR, LPG subsidy rules change from October
Several banking and personal finance rules change from October 2026. SBI will reduce free monthly transactions for salary account holders at other bank ATMs from 10 to five, effective October 1. The…
Supreme Court seeks Centre’s affidavit on UPI MDR charges, refuses stay
The Supreme Court on Monday refused to stay the Centre's decision to levy a 0.4% Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions above Rs 2,000, but sought an affidavit from…
India’s irrigation expansion built food security but drained aquifers
India's share of irrigated farmland rose from about 21% in 1965 to 53% by 2015, insulating foodgrain production from monsoon shocks. In 1965 an 18% rainfall deficit wiped out 19% of foodgrain…
Fed raises rates by 25 basis points, rupee, gold, stocks to feel the pinch
The US Federal Reserve, under its newly appointed chair, delivered a 25-basis-point rate hike, ignoring President Donald Trump’s repeated calls for lower interest rates. The decision, announced on 27 September 2026, marks…
Bank unions defer 3-day strike after IBA agrees to form panel
Bank unions have deferred their nationwide strike scheduled for September 28 to 30 after the Indian Banks' Association (IBA) agreed to immediately set up a high-level committee to examine the demand for…
HDFC Bank and Deloitte advertise legal and privacy jobs
HDFC Bank is hiring a Legal Advisor in Bhubaneswar for its legal team. Applicants need an LL.B. degree and 0 to 10 years of experience in corporate law and banking. Key responsibilities…
Bank unions begin 3-day strike from Sep 28 over 5-day week
Bank unions under the United Forum of Bank Unions (UFBU) began a three-day nationwide strike from September 28, demanding a five-day banking week. The strike primarily affects public sector banks, old-generation private…
