MDR applicability is determined by overall merchant account categorisation. A Merchant Discount Rate (MDR) of 0.4% will be applicable on person-to-merchant UPI transactions above Rs 2,000 from October 15, 2026, as per the latest notification from NPCI. It is important to note that person-to-person transactions will continue to be free with no MDR applicable.Merchant Discount…
Where does that leave India, a country that imports around 90% of its crude oil? India has managed to evade a major oil shock from the US-Iran conflict, but with a triple whammy loading – what are its best options? Russian crude oil continues to be the biggest component of India’s oil import basket but…
While making the transfer, the money was inadvertently sent to another account. (Image for representative purpose only) You attempt to transfer money online but you end up sending it to the wrong account which is also dormant. What happens then? How do you get your money back?That’s the case of a woman who intended to…
India’s overall trade deficit shrinks as exports grow faster than imports in August (representative image) India’s overall trade deficit narrowed to $9.41 billion in August 2026 from $11.62 billion in the same month last year, as exports grew at a faster pace than imports, according to official trade data released on Tuesday.Overall exports, including merchandise…
Overall, the weekly bias remains cautious to bearish below Rs 155,700. Gold price prediction today: Gold outlook remains tilted to bearish as corrective pressures persist, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Below is his outlook on gold prices:Gold remains under corrective pressure after the sharp rejection from the…
The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…
The rise in oil prices added to inflation concerns. Oil prices rose more than 1% on Tuesday as concerns over global supplies intensified after attacks disrupted Saudi Arabia’s East-West pipeline and planned talks between Gulf Arab states and Iran were postponed.Brent crude futures gained $1.24, or 1.18%, to $106.93 a barrel at 0026 GMT, after…
Top stocks to buy for the trading week starting September 15, 2026 Stock market recommendations: Emcure Pharmaceuticals, and Cholamandalam Investment & Finance Company Ltd – Motilal Oswal Wealth Management Research Desk has identified these as the top stocks to buy in the holiday-shortened trading week starting September 18, 2026: NAME CMP (Rs) TP (Rs) Upside…
UPI payments. (Representative image) Government on Monday notified that banks and payment system providers cannot impose direct or indirect charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or payments made using RuPay debit cards.The notification was issued under Section 10A of the Payment and Settlement Systems Act, 2007.“In exercise of the…
NEW DELHI: Apple’s latest iPhone launch could trigger a fresh wave of trade-ins, while strengthening demand for older, refurbished models, as sharply higher flagship prices push buyers towards more affordable ways of entering the company’s ecosystem, according to Cashify.The refurbished-device platform expects buybacks to increase within 30 days of the launch and gather pace over…
