Economy News

UPI transactions surpass 20 billion for 1st time in Aug valued at Rs 24.85 lakh crore

No UPI Day on October 2: Mobile retailers protest proposed 0.4% MDR on UPI payments

AIMRA has called for merchant UPI payments to continue under the existing zero-MDR structure. AIMRA Vice President and Delhi-NCR President Tarvinder Singh said the association had chosen October 2 for the protest to draw attention to the concerns of mobile retailers.

16 days ago

NSE shares dip below IPO price, decline over 6% from peak value

Shares of National Stock Exchange of India fell below their IPO price and traded over 6 percent lower from the peak after listing.

16 days ago

An assurance, late-night meet: Why 3-day bank strike was averted at last moment

After late-night meet, 3-day bank strike was averted at last moment

The decision was taken after a meeting between the IBA and UFBU at 9:30 pm on Sunday, during which the two sides discussed the demand for a five-day banking week along with other pending issues raised by the unions.

16 days ago

Sensex and Nifty slip at the opening bell, global headwinds keep investors on edge

Domestic markets opened lower on Monday as global factors like crude oil and US yields weighed on investor sentiment.

16 days ago

Sensex and Nifty Gain on Crude Price Drop and US-Iran Pact Hopes

Sensex Near 74,000 and Nifty Above 23,300 Key to Recovery Momentum

Sensex and Nifty recovered after recent falls, but sustaining above key levels is vital to strengthen the market recovery.

17 days ago

Centre to launch Livestock Insurance Portal to support farmers

The Centre will launch the Livestock Insurance Portal to streamline insurance services and enhance risk protection for livestock farmers.

17 days ago

3-day bank strike: Will your salary get stuck? Here's what you need to know

Bank strike: SBI, PNB, BoB among banks open today before 3-day nationwide strike

Several public sector banks and 28 regional rural banks are open today, September 27, giving customers a chance to complete branch banking work before the proposed three-day nationwide bank strike from September 28 to 30. The special Sunday opening does not automatically apply to private sector banks.

17 days ago

India's forex reserves hit record $729.3 billion on strong foreign inflows

India's forex reserves fall $14.9 billion to $765.9 billion, sharpest weekly drop since November 2024

India's foreign exchange reserves fell $14.9 billion to $765.9 billion in the week ended September 18, marking their sharpest weekly decline since November 2024. The drop was driven mainly by lower foreign currency assets, including a $10.9 billion dollar sale by the RBI and revaluation losses

17 days ago

India can achieve over 10% growth with technology, innovation across sectors: FM Sitharaman

UPI MDR row: 'Nothing to do with govt,' Sitharaman clarifies charges on transactions above Rs 2,000

Finance Minister Nirmala Sitharaman said India can achieve more than 10 per cent economic growth by embracing technology and innovation across sectors, while stressing greater efforts from all stakeholders to realise the Viksit Bharat 2047 vision

17 days ago

From squash velouté to sesame-crusted sea bass, inside Trump-Xi dinner menu

US moves to restrict Chinese robots to safeguard national security and boost AI

The US is restricting Chinese-made advanced robots to prevent espionage risks and develop its own AI infrastructure.

18 days ago

India-EU FTA concluded on equal terms after 17 years, technology transfer key

India finalized its free trade agreement with the EU after 17 years, focusing on technology transfer and AI for industrial growth.

18 days ago

RBI Bulletin says high credit-deposit ratio alone does not show bank funding risk

The RBI Bulletin stated that a high credit-deposit ratio may not indicate vulnerability in the banking system amid strong credit growth.

18 days ago

Sensex tanks 1,248 points, Nifty slips below 23,100 amid oil price concerns

Nifty, Sensex fall for 7th straight week amid rising crude prices, bond yields

Indian equity benchmarks declined for the seventh consecutive week due to high crude prices and rising US bond yields.

18 days ago

Gold, silver price today, September 19: Check latest 24K, 22K gold and silver rates

Gold, silver rates today, September 25: Gold prices remain below recent highs as Pitru Paksha begins

Gold prices in India remained elevated on Friday, September 25, although the precious metal has seen a correction from its recent highs. On the day, 24-karat gold was around ₹1,51,580 per 10 grams, while 22-karat gold stood at around ₹1,38,948 per 10 grams. Silver was quoted at approximately ₹2,34,040 per kg

18 days ago

GST Council meeting on October 7: Process reforms, ITC and invoice rules likely to take centre stage

GST Council's October 7 meeting is expected to focus on process reforms rather than major GST rate changes. Key areas likely to be discussed include GST registration, e-invoicing, invoice matching, input tax credit (ITC), refunds and reducing compliance issues for businesses.

18 days ago

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Economy News

No UPI Day on October 2: Mobile retailers protest proposed 0.4% MDR on UPI payments

NSE shares dip below IPO price, decline over 6% from peak value

After late-night meet, 3-day bank strike was averted at last moment

Sensex and Nifty slip at the opening bell, global headwinds keep investors on edge

Sensex Near 74,000 and Nifty Above 23,300 Key to Recovery Momentum

Centre to launch Livestock Insurance Portal to support farmers

Bank strike: SBI, PNB, BoB among banks open today before 3-day nationwide strike

India's forex reserves fall $14.9 billion to $765.9 billion, sharpest weekly drop since November 2024

UPI MDR row: 'Nothing to do with govt,' Sitharaman clarifies charges on transactions above Rs 2,000

US moves to restrict Chinese robots to safeguard national security and boost AI

India-EU FTA concluded on equal terms after 17 years, technology transfer key

RBI Bulletin says high credit-deposit ratio alone does not show bank funding risk

Nifty, Sensex fall for 7th straight week amid rising crude prices, bond yields

Gold, silver rates today, September 25: Gold prices remain below recent highs as Pitru Paksha begins

GST Council meeting on October 7: Process reforms, ITC and invoice rules likely to take centre stage

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react