Government is likely to permit banks and payment service providers to levy a merchant discount rate of between 0.25% and 0.4% on UPI transactions exceeding Rs 2,000. In a step closer to possibly introducing Merchant Discount Rate (MDR) on UPI transactions, the Lok Sabha on Thursday approved a Bill amending the Payment and Settlement Systems…
The crèche allowance is generally admissible for up to two children. For many working parents, one of the biggest challenges after the birth of a child is balancing childcare responsibilities with professional commitments. While employer-provided childcare facilities have existed under labour laws for many years, the newly notified Labour Codes have brought renewed focus to…
Kumar described governance risks as isolated and manageable events rather than structural failures MUMBAI: HDFC Bank’s newly appointed chairman Rajiv Kumar said the lender’s corporate governance remains fundamentally uncompromised, while asserting that the board will ensure control functions stay fully empowered with zero tolerance for unethical practices.Addressing leadership changes and external scrutiny after the exit…
The Taxation and Other Laws (Amendment) Bill is aimed at drawing more foreign capital into India. The Lok Sabha on Thursday cleared the Taxation and Other Laws (Amendment) Bill without discussion as continued sloganeering by Opposition members over several issues disrupted proceedings. Following the passage of the legislation, which also amends the Payment and Settlement…
The government sees compressed bio-gas as a domestic solution to LNG. In a bid towards energy security, the Union Cabinet on Thursday approved a Rs 23,731 crore GOBARdhan scheme for bio gas. GOBARdhan or the Galvanizing Organic Bio- Agro Resources Dhan scheme aims to push for the production of compressed bio-gas.The move assumes significance in…
Centre dismisses claims of ethanol blending with aviation fuel NEW DELHI: The Centre on Thursday dismissed claims that it is planning to blend ethanol with aviation turbine fuel (ATF), calling the reports “completely false and irresponsible” and urging people not to spread misinformation on aviation safety.Union civil aviation minister Ram Mohan Naidu Kinjarapu, in a…
India faces the prospect of up to 100% Trump tariffs for its Russian crude oil purchases. On August 5, 2025, US President Donald Trump announced 25% penal tariffs on India for its purchase of crude oil from Russia. One year later, India faces the prospect of up to 100% tariffs for its Russian crude oil…
President Donald Trump speaking during an event to announce new tariffs for the first time last year Donald Trump’s administration has refunded about $100 billion in tariffs after the US Supreme Court struck down a broad set of duties imposed under an emergency economic law, court filings show.About 60 per cent of the $166 billion…
Gold is targeting 148,000 and 152,000 as the immediate resistance levels. Gold and silver price prediction today: Gold prices are showing some bullish bias while silver prices are also seeing some recovery, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has breached from its consolidation…
The shake-up comes during a pivotal juncture for Google DeepMind: the flagship version of its latest Gemini model remains unreleased Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and as several leaders of its Gemini model, including veteran engineer…