Delhi High Court says payments to overseas units aren't automatically taxable in India

NEW DELHI, Sept. 18 -- Payments made by Indian companies to overseas entities are not automatically taxable in India, the Delhi High Court has ruled in a case involving Israeli drugmaker Teva and erst... Read More

Former Standard Chartered Bank MD backs UPI MDR, says charge needed to sustain payment ecosystem

New Delhi, Sept. 18 -- Former Standard Chartered Bank Managing Director Sanjeev Mehta has said the introduction of a Merchant Discount Rate (MDR) on select UPI transactions is necessary to support the... Read More

Uttarakhand: Dehradun traders oppose proposed 0.4% MDR on UPI payments above Rs 2,000

Dehradun, Sept. 18 -- Traders' organisations in Dehradun have opposed the proposed 0.4 per cent Merchant Discount Rate (MDR) on UPI payments above Rs 2,000, saying the move would impose an additional ... Read More

EUR/USD rises marginally, Lagarde speech in focus

Mumbai, Sept. 18 -- EUR/USD pair is up marginally from six-week low but is confined in a range on Friday. The pair is currently quoting at 1.1523, up marginally on the day. ECB President Christine Lag... Read More

Fed policy fine-tuning: Is there a case in the US for a lone rate? Recall what the Fed did in 1997

New Delhi, Sept. 18 -- Federal Reserve chair Kevin Warsh on Wednesday presided over the first US interest rate increase since 2023, and rate hikes are generally a package deal, as the aphorism goes. ... Read More

NAB probe uncovers major discrepancy in TDA land acquisition recordsPublished on: September 18, 2026 2:16 AM

Pakistan, Sept. 18 -- Acting on the directions of the Chairman of the National Accountability Bureau (NAB), Director General NAB Multan Asim Lodhi has taken action in the Thal Development Authority (T... Read More

Suratwwala Business Group Ltd leads losers in 'B' group

Mumbai, Sept. 18 -- Regency Ceramics Ltd, LCC Projects Ltd, Atal Realtech Ltd and Thakkers Developers Ltd are among the other losers in the BSE's 'B' group today, 18 September 2026.Suratwwala Business... Read More

Landslides, heavy rain disrupt transport, residential infrastructure in Sikkim's Gangtok; DDMA initiates damage assessments

Gangtok, Sept. 18 -- Continuous heavy downpours have triggered a series of destructive landslides, mudflows, and road blockages across the Gangtok district, prompting an intensive damage assessment by... Read More

State Budget deficit managed within 3 percent cap: Finance Minister

Jakarta, Sept. 18 -- Finance Minister Suahasil Nazara reaffirmed that the State Budget (APBN) deficit will be managed in accordance with Law No. 17 of 2003 on State Finance, which sets a ceiling of 3 ... Read More

Small-cap stock under Rs.50 jumps over 7% following stock market rebound

New Delhi, Sept. 18 -- Bhatia Communications & Retail share price jumped over 7% on Friday, 18 September, amid a broadly positive market, with benchmark indices Nifty 50 and Sensex trading in the gree... Read More

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