UPI fee on e-comm could make it viable: IIT report
In order to encourage the transition away from cash, a report claims that imposing a digital facilitation fee for UPI…
Editor Currencyveda
Read More
Sensex, Nifty gain for third straight session
MUMBAI: Despite a rise in crude oil prices, the benchmark indices Sensex and Nifty ended the day up for the…
Rupee falls 10 paise to close at 82.31 against US dollar
MUMBAI: On Monday, the rupee lost 10 paise to settle at 82.31 (provisional) against the US dollar as the strong…
Oil prices soar almost 6% after OPEC+ output cut
HONG KONG: When major producers, led by Saudi Arabia, unexpectedly announced a drop of more than one million barrels per…
‘Sebi probing some Adani offshore deals for possible rule violations’
MUMBAI: According to two sources, the Adani Group’s interactions with at least three offshore businesses that are connected to the…
India March factory activity hits 3-month high, but job cuts resume
BENGALURU: A private business survey released on Monday revealed that although employers cut employees for the first time in more…
UBS-Credit Suisse merger: Some Indian IT vendors may gain, others lose
BENGALURU: According to reports, Indian IT companies have contracts worth about $600 million with Credit Suisse. The latter’s acquisition by…
McDonald’s temporarily shuts US offices, prepares layoff notices: Report
The Wall Street Journal reported on Sunday that the burger major McDonald’s Inc. is temporarily closing its US offices this…
NBFCs lending to small businesses to see $15bn deal flow by FY33
MUMBAI: According to a research by Avendus, $15 billion would be invested in NBFCs that provide loans to small enterprises….
Oil surges 8% after OPEC+ blindsides market with production cut
When OPEC+ abruptly announced crude output cutbacks that threaten to tighten the market, delivering a further inflationary shock to the…