MUMBAI: Amid pushback from industry, National Payments Corporation of India (NPCI) has deferred the rollout of merchant discount rate (MDR) on select UPI transactions until after Diwali. In a statement on Tuesday, NPCI said that a new date of implementation will be notified separately. The merchant fee was earlier supposed to come into effect from…
NEW DELHI: Apple is making a renewed push into the smart home market, unveiling three new devices – HomeView, HomePod mini 2 and Apple TV 4K – as it looks to take its newly launched Siri AI beyond smartphones and establish a stronger presence in connected homes. The launches mark Apple’s latest attempt to challenge…
NEW DELHI: The International Monetary Fund (IMF) has upgraded India’s growth forecast for the current year to 7%, from 6.4%, making it the fastest-growing major economy.The agency joins others – including the World Bank, ADB, S&P and Moody’s – in upgrading its projections after official data estimated first-quarter growth at 7.8%. Most global agencies have…
Dalal Street ended the session in green as crude oil prices eased slightly, though persistent foreign investor outflows and rising retail inflation weigh kept investors cautious. In the previous session, NSE Nifty 50 closed at 22,363.35, while BSE Sensex settled at 72,638.70, with both benchmarks ending lower despite opening gains. Market direction is likely to…
Top stocks to buy or sell on October 13, 2026 Stock market recommendations: Bank of India, GAIL, and Dabur India – these are the top stocks to sell today as picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for October 13, 2026. He has identified Dr Reddy’s Laboratories as the top stock…
Dalal Street began Tuesday on a strong note, with tech-heavy stocks fuelling the gains and pushing the BSE Focused IT index and Nifty IT around 3% higher. HCLTech emerged as the top gainer, rising 7.11% to 1306.80 after reporting strong quarterly results a day earlier, backed by improved profitability metrics.Tata Consultancy Services (TCS), India’s largest…
The coaches, which come in seven different variants, are being built at the Rail Coach Factory (RCF) in Kapurthala, Punjab. Indian Railways has exported the first batch of LHB passenger coaches to Bangladesh under a new deal. RITES Ltd announced on Tuesday that it had sent the first batch of 18 broad-gauge passenger coaches to…
MUMBAI: Consumer durable loans, such as buying a mobile phone on EMI, are helping lenders build credit histories for younger borrowers, contributing to a decline in two-wheeler loan delinquencies to a seven-year low of 1.4% in June 2026 from 2.7% in June 2019, according to TransUnion CIBIL.First-time borrowers accounted for 39% of two-wheeler loan originations…
A currency is said to be undervalued when it is weaker than what experts believe is its fair value. Where is the rupee headed? The Indian currency has been in a free fall for several quarters now. At one time its one-year forward even breached the 100 mark prompting experts and economists to wonder if…
Tata Sons Chairman N Chandrasekaran India has the potential to become a significant player in the global semiconductor supply chain, but investments must be guided by demand, financial viability and the ability to execute projects, Tata Sons Chairman N Chandrasekaran said on Tuesday.Chandrasekaran said that semiconductors would be fundamental to the country’s future and meeting…
