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Supreme Court declines stay on UPI MDR, issues notices to Centre, RBI and NPCI

The bench, headed by Chief Justice of India Surya Kant, was hearing a public interest litigation challenging the Centre’s new UPI merchant-charge framework, which is scheduled to take effect from October 15.

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IFC to lend $70 million to JN Port for first blue financing in maritime sector

IFC’s long-term financing is expected to support the adoption of this emerging technology and demonstrate a replicable financing model that could facilitate similar investments across other ports in the country.

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ASEAN businesses shift to selective hiring as AI investment rises

Businesses across six Southeast Asian markets are prioritising operational efficiency and targeted recruitment over broad workforce expansion, as AI and technology reshape investment priorities.

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JPC on FCRA Amendment bill to hold second meeting tomorrow

The Joint Parliamentary Committee is preparing for its second meeting to discuss the Foreign Contribution (Regulation) Amendment Bill, 2026. Members will receive briefings from officials of the Ministries of Home Affairs and Law and Justice. Stakeholders, including the State Bank…

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India’s bid to keep carbon cash home as Europe adds a new trade cost

India’s exporters will encounter new carbon costs due to the European Union’s Carbon Border Adjustment Mechanism. The mechanism, effective from January 2026, targets carbon-intensive goods and imposes a cost on emissions. India’s heavy reliance on carbon-intensive industries like steel and…

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Rupee slips 20 paise against US Dollar as crude oil tops $106, foreign outflows continue

Beginning the week on a down note, the rupee slipped to 95.95 against the US dollar amidst various economic hurdles. Factors contributing to this decline include a strengthening dollar, extensive foreign fund withdrawals, and escalating crude oil prices, with Brent…

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  • New FASTag local pass from 1 Nov: Costs, coverage, validity rules compared with Annual Pass; which one should you buy?

    The new FASTag concessional local pass launches on 1 November for non-commercial vehicle owners living within 20 km of a toll plaza. Costing ₹1,500 or ₹3,000 annually, it differs from the ₹3,075 FASTag Annual Pass in coverage, eligibility and usage rules. 

  • Dearness Allowance hike October 2026: Ministry of Railways revises VDA rates for contract workers; check details

    The Ministry of Railways has revised VDA rates for contract workers with effect from 1 October 2026. The Railway Board’s 28 October letter refers to the Labour Bureau’s 30 September order and directs principal employers to ensure that contractors comply with applicable labour laws.

  • Gold, silver prices today, 29 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 29 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • Need money urgently in financial crisis? PPF loan v personal loan - Check costs, interest rates and applicable rules

    Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.

  • Karwa Chauth 2026: Are banks open today? Check if SBI, HDFC, ICICI Bank and others are closed in your city on October 29

    A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 

  • DA hiked to 63% for central government employees: Check monthly salary increase across 7th Pay Commission levels

    The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.

  • DA hike from 60% to 63%: How central government employees can use extra salary to build savings and secure their future

    The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.

  • Co-payment: The illusion of cost control

    The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.

  • Investing in US stocks from India? How much can you invest and can you apply directly for IPOs? Complete guide here

    Indian residents can invest in foreign stocks through the RBI’s Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 

  • Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

    SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

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