Category: Events

MDR on UPI The National Payments Corporation of India (NPCI) has notified a Merchant Discount Rate (MDR) of 0.4% on Person-to-Merchant (P2M) UPI transactions above Rs 2,000. Person-to-person transactions will continue to remain free.For transactions of Rs 75,000 and above, the MDR will be capped at Rs 300 per transaction.The MDR will be effective from...

Saudi turns to Israel for help against Houthis Israel and Saudi Arabia have held talks mediated by the US Central Command aimed at helping Riyadh defend itself against Houthi attacks through intelligence assistance, as cited by The Jerusalem Post.According to sources cited by JP, the Saudi request for assistance was likely focused on intelligence support...

Rapido fined Rs 10 lakh for misleading tips NEW DELHI: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on Roppen Transportation Services Pvt Ltd, which operates ride-hailing platform Rapido, for misleading advertisements, unfair trade practices and use of dark patterns that allegedly prompted riders to pay more before their...

Where does that leave India, a country that imports around 90% of its crude oil? India has managed to evade a major oil shock from the US-Iran conflict, but with a triple whammy loading – what are its best options? Russian crude oil continues to be the biggest component of India’s oil import basket but...

Palantir CEO Alex Karp Palantir CEO Alex Karp does not want American companies to put the brakes on artificial intelligence (AI) development. The chief executive of one of America’s leading defense tech and software companies doesn’t want US companies to slow down AI development even if there are growing concerns about the risks posed by...

China slams US deployment of orbital weapons, urges Washington to halt military build-up in space China on Tuesday criticised the United States over its deployment of weapons in space, urging Washington to halt its military build-up in the domain and warning against turning outer space into a potential battlefield.The remarks came a day after US...

Perched atop a 1920s Georgian-style building near Madison Square Park, the New York residence has spent years appearing on and off the market. For a property built for the kind of life most people only see in movies, Jennifer Lopez’s Bel Air estate finally took its final bow in 2023. According to a report by...

NEW DELHI: India on Tuesday criticised Pakistan over its announcement of a Rs 70 lakh reward for information leading to the arrest or conviction of Jaish-e-Mohammed (JeM) chief Masood Azhar, calling it a “phoney” move and asking Islamabad to take concrete action against the terror group chief.Responding to Pakistan maintaining the bounty on Azhar, ministry...

Video shows accused Kalyan Bainsla kneeling before car NEW DELHI: A video showing Kalyan Bainsla, the car driver accused of hitting a woman biker, kneeling before his vehicle with a bandage on his hand surfaced on Tuesday.This comes as police arrested Bainsla from Rajgarh in Rajasthan, two days after his speeding Ciaz allegedly rammed into...

The accused in the Golf Course Road hit-and-run case sustained injuries while fleeing from police custody GURGAON: The accused in the Golf Course Road hit-and-run case was injured after he allegedly tried to flee from police custody following his arrest in Rajasthan, police said on Tuesday.Kalyan Singh Bainsla fell while attempting to escape and was...