UPI has always been free for consumers since its launch in 2016. (Image: Stock.adobe) Will you now have to pay charges for your UPI transactions? That’s the big question that many are asking after the Lok Sabha cleared a Bill amending the Payment and Settlement Systems Act, 2007, enabling the government to authorise banks and…
The report said FPIs were net sellers of equities worth Rs 1.8 lakh crore, while they were net buyers of debt at Rs 25,807 crore. MUMBAI: Regulatory interventions by Sebi in the futures & options (F&O) segment during fiscal 2026, aimed mainly at reining in excessive speculative activities by retail investors, led to a dip…
पीएम मोदी ने टेक्नोलॉजी विशेषज्ञ नंदन नीलेकणी की अध्यक्षता में एक टास्क फोर्स का गठन करने का फैसला लिया गया है। NEW DELHI: Infosys co-founder and chairman Nandan Nilekani on Thursday said that India may emerge as a principal beneficiary of productivity gains and inclusion from AI in the next decade, despite low visibility in…
Median investor age falls 5 years as India’s market draws more young investors India’s investor club is getting younger and bigger. In last 6 years, from March 2020 to June 2026, the median investor age in the country has fallen from 38 years to 33 years, while the share of investors below 30 has jumped…
The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds…
For gold, from a technical standpoint, the 8-period EMA continues to trade above the 21-period EMA, Gold price prediction today: The technical structure for gold is bullish and prices are expected to go up, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures continue to trade with a positive…
The company’s non-digital business reported a 7.4% increase in EBITDA and an 85% rise in profit after tax during the quarter NEW DELHI: Entertainment Network (India) (ENIL), which operates Radio Mirchi and audio streaming platform Gaana, reported consolidated revenue of Rs 113 crore during June quarter. Domestic revenue was estimated at Rs 111 crore, while…
The transaction was timed in a way that it took advantage of the current market situation NEW DELHI: A government department that has an operations room named Kurukshetra is clearly in battle mode. But, the merchant bankers for the LIC stake sale seemed to have missed the signal.While the offer-for-sale had been discussed for more…
Rupee slips to 95.28 against US dollar as oil, Treasury yields remain elevated Rupee began Friday in red, falling 6 paise to 95.28 against the US dollar in early trade as a firmer greenback and higher US Treasury yields put pressure on the currency.The currency began the session at 95.27 at the interbank foreign exchange…
Union finance minister Nirmala Sitharaman speaking during the Monsoon session of Parliament Finance minister Nirmala Sitharaman on Thursday pushed back Congress leader Jairam Ramesh’s claims that ordinary people could end up paying more for using the Unified Payments Interface (UPI), clarifying that any Merchant Discount Rate (MDR) on digital transactions would be levied on merchants…
