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UPI MDR Charges Rollout May Be Delayed Until January; New Fees To Apply On Payments Above ₹2,000
The government is reportedly considering postponing the implementation of Merchant Discount Rate (MDR) charges on large Unified Payments Interface (UPI) transactions by a few months, with the rollout potentially shifting from October 15 to…
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US Suspends Microsoft From Green Card Programme; Tata, Cognizant, HCL, Infosys Also Targeted
The Donald Trump administration has suspended Microsoft from a US programme that allows companies to seek green cards for foreign workers, citing alleged fraud and escalating its scrutiny of the H-1B visa system.
The move also affects…
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RBI Raises Repo Rate By 25 Bps To 5.5%, Shifts Stance To ‘Calibrated Tightening’
The Reserve Bank of India (RBI) on Wednesday raised its benchmark repo rate by 25 basis points to 5.5%, marking its first rate hike in nearly four years as inflationary pressures increased despite resilient economic growth.
The six-member…
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Sensex rises 400 points, Nifty tops 22,650; Nifty IT down over 1%
The Nifty50 and the Sensex were trading higher as metal and bank shares led and global equities rallied despite higher bond yields.
As of 12:00 PM, the Sensex rose 437.44 points or 0.60 per cent to 72,819.91 and the Nifty50 was up 125.65…
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Sensex off 600 points from day’s high, Nifty below 22,500; IT, auto shares weigh
The Nifty50 and the Sensex pared early gains as IT and auto shares weighed.
As of 11 AM, the Sensex was up 245.98 points or 0.34 per cent at 72,155.68 and the Nifty50 rose 74.90 points or 0.33 per cent to 22,496.85.
Bajaj Finance,…
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Indian Banks Suffer Nearly $500 Million FX Losses After RBI Position Cap: Report
Indian banks incurred nearly $500 million in mark-to-market losses on their foreign exchange (FX) trading books in the first half of 2026 after regulatory changes by the Reserve Bank of India (RBI) forced lenders to unwind positions,…
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Stock market fails to hold gains: Sensex declines 215 points, Nifty down 107.25 points
Indian equity benchmarks opened lower on Thursday as persistent foreign fund outflows weighed on investor sentiment, while easing crude oil prices below the $100-per-barrel mark provided some support.
The 30-share BSE Sensex declined 215…
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Sensex rises 190 points in early trade after two days of losses
Indian benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday, September 30, after two consecutive sessions of losses, helped by easing crude oil prices and buying in blue-chip IT stocks.
The 30-share BSE Sensex…
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AACCI Brings Asia And Africa Together: 8th High-Level Diplomatic Meet In New Delhi Seals Two…
The Asian-African Chamber of Commerce and Industry (AACCI) convened the 8th edition of its High Level Diplomatic Meet (HLDM 2026, Series-VIII) on 24 September 2026 at the India International Centre, New Delhi.
The meet brought diplomats,…
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Sensex Plunges Over 1,000 Points, Nifty Sheds 1.37% As Seven-Week Losing Streak Continues
Indian benchmark indices Sensex and Nifty fell sharply on Monday, extending their seven-week losing streak as rising crude oil prices and renewed geopolitical uncertainty weighed on investor sentiment.
At 11:05 am, the Sensex was trading…
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