PCI Urges MDR on UPI, RuPay

‘The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.’ Kindly note the image has been posted only

India hopes for temporary tariff waiver as US official comes calling

India and the US will finalise the contours, schedule of negotiations and terms of reference of the proposed bilateral trade agreement (BTA) during the three-day talks, starting Tuesday, an official said. IMAGE: Kindly note that this image has been posted

Investors’ wealth swells by Rs 27.10 lakh cr

Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points

SEBI to form high-level committee to review conflicts of interest and disclosures

The Securities and Exchange Board of India (SEBI) announced on Monday its decision to establish a high-level committee to conduct a detailed review of conflict of interest and disclosure norms related to property, investments, and liabilities of SEBI board members

Sebi board doubles FPI investment threshold for granular disclosures to ₹50,000 cr

Mumbai, Mar 24 (PTI) Markets regulator Sebi’s board on Monday approved a proposal to double the investment threshold for granular disclosures by foreign portfolio investors (FPIs) to ₹50,000 crore. This is aimed at addressing the changing market dynamics without altering

R Srikrishna: ‘Our industry outperformance is not a one-year story’

‘What is working is quality management, great teams, engineers, platforms, and highly differentiated services.’ Photograph: Kind courtesy Hexaware Midcap information technology services firm Hexaware Technologies returned to public markets with the country’s largest IPO by an IT services company. The

Foxconn Chief’s Ride May Bring Good News For Tamil Nadu

What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades. IMAGE: Foxconn Chairman Young Liu with Tamil Nadu Chief Minister M K Stalin in Chennai, August 17, 2024. Photograph: ANI

How the equity markets will fare this week

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.

Housing sales to fall 23% in Q1 in top 9 cities

Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity. Real estate data analytics

Stocks to Watch on March 24: Godrej Properties, UCO Bank, L&T, and more in focus

Stocks to Watch for March 24: Major market movers this week include Godrej Properties’ ₹2,500 crore Bengaluru land acquisition, UCO Bank’s ₹2,000 crore QIP launch, and L&T’s ₹12,000 crore borrowing approval. Leadership changes at L&T, arbitration claims against IRCON, and