Finance Minister Nirmala Sitharaman has announced that any future merchant discount rate fees on digital transactions will apply only to high-value merchant transactions, ensuring low-value and consumer transactions remain free, amid efforts to sustain innovation and boost manufacturing in India.…
The potential introduction of a merchant discount rate on UPI transactions raises concerns among India’s mutual fund distributors, threatening margins and broader digital participation in financial services. The prospect of a merchant discount rate on certain UPI transactions has stirred…
The Securities and Exchange Board of India (Sebi) has unveiled plans to relax rules for debt issuers, aiming to reduce operational hurdles and promote greater liquidity in the Indian debt market, including higher ISIN limits and exemptions for green bonds.…
TVS Supply Chain Solutions begins FY27 with record order wins and accelerated profit growth, signalling a strong recovery and strategic expansion in Indian and global markets. TVS Supply Chain Solutions said it began FY27 with stronger business momentum, even as…
Brokerage remains optimistic on Godrej Consumer Products after a broadly in-line quarter, highlighting strong sales momentum and ongoing execution despite rising input costs and raw material pressures. Brokerage commentary on Godrej Consumer Products has stayed constructive after the household goods…
Hindalco’s aluminium arm Novelis reports a robust June quarter with rising EBITDA and sales, sparking optimism about its recovery, yet investor sentiment remains divided over the stock’s valuation and future growth trajectory. Novelis’ latest numbers have given Hindalco Industries fresh…
Strong quarterly earnings have bolstered small-cap and mid-cap stocks in India, with indices reaching new peaks while large-cap benchmarks remain below previous highs, signalling a potential continued rally driven by solid fundamentals. India’s small-cap and mid-cap stocks may still have…
Indonesia’s financial regulators are intensifying efforts to close the widening gap between the high levels of financial access and the comparatively lower financial understanding, as digitalisation boosts inclusion but complicates risks. Indonesia’s financial regulators are stepping up efforts to close…
A Hyderabad consumer commission has mandated Aditya Birla Health Insurance to reimburse a senior citizen’s hospital expenses, restore his policy, and pay compensation after ruling that the insurer failed to substantiate its claim denial over allegedly non-disclosed hypertension. A Hyderabad…
Small changes in summer spending habits, from reviewing subscriptions to planning ahead, can help households save without missing out on seasonal fun, according to financial experts. Summer often invites looser spending, with holidays, barbecues and spur-of-the-moment trips making it easier…
