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

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

Why these two ministries are unhappy with Ola Electric

Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm’s regulatory filing.

Private equity’s next leap hinges on

India’s private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.   Renuka Ramnath,

Sensex climbs 557 points; bank stocks rally

Benchmark stock indices Sensex and Nifty surged nearly 1 per cent on Friday, marking their fifth day of rise on the back of fresh foreign fund inflows and gains in bank stocks. The 30-share BSE Sensex jumped 557.45 points or