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What happens when merchants pass on UPI MDR costs to customers?

New Delhi, Oct. 11 -- The choice for merchantsdue to the reintroduction of a commercial fee on large-value Unified Payments Interface (UPI) transactions (greater thanRs.2,000)is either to bear the bur... Read More


Govt targets 505 mt steel demand by 2047, plans 604 mt capacity

New Delhi, Oct. 11 -- The government has projected India's finished steel demand to reach 505 million tonnes by 2047, requiring crude steel capacity of 604 mt, under its National Steel Policy - Vision... Read More


AI trade may cool, bringing India back into focus: Amundi Global CIO Vincent Mortier

New Delhi, Oct. 11 -- The global obsession with artificial intelligence (AI) may be nearing a reality check, and India could emerge as a key beneficiary as investors move beyond the AI-driven market r... Read More


Army plans underground protective infrastructure along China, Pakistan borders

New Delhi, Oct. 11 -- With precision-guided attacks making installations more vulnerable, the Indian Army has prepared a comprehensive force-preservation strategy centred around underground protective... Read More


Hero MotoCorp, Samsonite, Philips clock festive sales surge as EMIs spur big-ticket buying

New Delhi, Oct. 11 -- Amazon and Flipkart have set the tone for a firecracker start to India's festive online shopping season, with no-cost EMIs and discounts fuelling big-ticket purchases, and the nu... Read More


SC mandates free movement and no illegal detentions, 'subject to public order'

New Delhi, Oct. 11 -- After a day of mass detentions and a "curfew-like" clampdown on civil rights which senior lawyers compared to the 1975 Emergency, the Supreme Court convened what it called an "ex... Read More


Focus on actual payouts, not just claim settlement ratios: IRDAI Chairman

New Delhi, Oct. 11 -- The Insurance Regulatory and Development Authority of India (IRDAI) is confident of curbing misseling with the help of proposed reforms. In an interview to businessline, IRDAI Ch... Read More


Intex eyes first fundraise by FY27-end, IPO by FY28 as festive sales fuel expansion

New Delhi, Oct. 11 -- Intex Technologies, which reported revenue of about Rs.460 crore in FY26, is targeting more than Rs.800 crore in FY27 and Rs.1,500 crore by FY28 as it prepares for its first exte... Read More


Infosys sees no material impact from US suspension of PERM applications

New Delhi, Oct. 11 -- Infosys does not expect the US Department of Labor's suspension of its applications under the Permanent Labor Certification (PERM) programme to have a material impact on its oper... Read More


Milma posts 15% rise in turnover in H1 FY27 at Rs.2,559.71 crore

New Delhi, Oct. 11 -- Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, has posted a 15 per cent rise in its turnover at Rs.2,559.71 crore in the first half of FY27 in th... Read More