Latest News

No charges on UPI transactions up to Rs 2,000; govt yet to decide on MDR for higher-value payments

New Delhi, Sep 15 (PTI) The government has directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay debit cards. However, the government has not specified whether charges would be applicable to transactions above Rs 2,000, to be paid by merchants. So far, there has been no charge on UPI transactions, irrespective of the amount. As per a gazette notification dated September 14, no bank or system provider would impose, whether directly or indirectly, any charge on a person making or receiving a

US judge blocks Trump limits on how long foreign students, journalists can stay

BOSTON, Sept 15 (Reuters) – A federal judge ​on Monday blocked U.S. President Donald Trump’s administration from implementing a new rule that would limit how long ‌foreign students and journalists can remain in the U.S. without applying for extensions. U.S. District Judge F. Dennis Saylor in Boston in favor of a coalition of unions and higher education advocacy groups a day before the Department of Homeland Security’s rule was set to take effect. Saylor said DHS ​adopted the policy based on “exceptionally weak” rationales. The agency had cited national security and the need to prevent fraud ​in the visa program,

Markets climb in early trade on strong buying in IT stocks, HDFC Bank

Mumbai, Sep 15 (PTI) Benchmark indices Sensex and Nifty climbed in early trade on Tuesday, driven by a strong rally in IT stocks and HDFC Bank. The 30-share BSE Sensex climbed 233.66 points to 75,022.37 in early trade. The 50-share NSE Nifty was up 63.85 points to 23,462.30. Among the 30 Sensex firms, HCL Tech jumped 6.5 per cent, Tech Mahindra climbed 5.6 per cent, Tata Consultancy Services surged 5.10 per cent and Infosys edged higher by 4.83 per cent. HDFC Bank, ITC, Hindustan Unilever and Tata Steel were also among the winners. Bharat Electronics, Bajaj Finserv, NTPC and Titan

Rupee falls 30 paise to 95.84 against US dollar in early trade

Mumbai, Sep 15 (PTI) The rupee depreciated 30 paise to 95.84 against the US dollar in early trade on Tuesday on elevated Brent crude oil prices and heightened Middle East tensions. With Brent crude touching USD 106 per barrel, increased dollar demand from oil importers raised concerns over India’s external balance and inflation, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.84 against the US dollar, registering a loss of 30 paise from its previous close. On Friday, the rupee had settled at 95.54 against the American currency. Forex and equity markets were closed on

1 … 3 4 5 6 7 … 1,721