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India consults banks, payment firms on fees for large UPI payments, sources say

India’s payments authority is engaging with financial institutions to discuss potential transaction charges. Recent legislation permits fees on Unified Payments Interface transactions that exceed two thousand rupees, aiming to create additional revenue opportunities for banks and payment service providers. Authorities…

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RBI absorbs Rs 3.93 lakh cr from banking system via VRRR auction

The Reserve Bank of India absorbed significant funds through a variable rate reverse repo auction. This action aimed to manage the banking system’s substantial surplus liquidity effectively. The central bank also announced open market operation sales of government securities. These…

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Samsung's India public policy chief resigns, sources say

Rajiv Aggarwal, Samsung India’s head of public affairs and ESG, has resigned after nearly four years. The reason for his departure remains unclear, and he is serving his final week. Aggarwal previously worked for Uber and Meta before joining the…

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India's HDFC Bank rises as CEO succession process moves ahead

HDFC Bank shares saw a significant jump on Tuesday. The bank submitted two candidate names for CEO succession to the RBI. This move aims to replace Sashidhar Jagdishan before his term ends. Analysts believe this quick action will ease investor…

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India's Tata shares jump as RBI decision revives holding firm's listing prospects

Tata Group company shares jumped Tuesday after the central bank rejected Tata Sons’ deregistration application. This decision revived prospects for a stock market listing of the holding firm. Tata Chemicals shares rose twenty percent, and Tata Motors saw a gain.…

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Coforge rebuts boardroom tension claims, begins search for new directors with Egon Zehnder

The IT services company said its board remained aligned on key strategic and governance decisions despite D.K. Singh’s resignation citing differences and tension, while it searches for two independent directors and a permanent chairperson.

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  • Bond market performed well, equities less so: RBI Deputy Governor Poonam Gupta on what lies ahead

    India's bond market has outperformed many other nations in recent years, while equities lag behind. RBI’s Gupta notes in RBI's bulletin about what lies ahead for the stock market. 

  • Top 5 most recent 8th Pay Commission updates: Mumbai visit, Bengaluru meeting and more

    The 8th Pay Commission has announced its visit to Mumbai for October 22-23, 2026, and its meeting in Bengaluru for October 7–8, 2026. Here are the five latest official updates, including consultant guidelines, visits to Jaipur and Chandigarh, and what employees and pensioners should know.

  • EPF balance not showing on member passbook? Here's why this happens and when you should worry

    If your EPF is not displaying on the member portal, it may simply be a technical or processing issue, which in most cases can be fixed. Here's why this happens and when you should worry. 

  • Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, 26 September

    Bank holiday today, 26 September: SBI, HDFC Bank and ICICI Bank branches are closed as it is the fourth Saturday. Public sector banks and RRBs will operate on Sunday, 27 September, ahead of the proposed nationwide bank strike from September 28-30.

  • Closing an unused credit card? Experts explain how it can affect your credit utilisation

    An unused credit card may seem unnecessary, but closing it can reduce your total available credit and increase credit utilisation. Before cancelling a card, borrowers should consider its annual fee, benefits, credit limit, outstanding balances and role in their credit profile.

  • Income Tax Act 2025: What crypto investors should know about VDA provisions, TDS and ITR filing rules

    The Income-tax Act, 2025 largely retains the existing tax treatment of VDAs, including the 30% tax and 1% TDS. However, section numbers have changed and a new reporting framework for crypto transactions will require investors to maintain detailed transaction and wallet records.

  • Gold ETF vs Gold FoF: How do they differ and which one costs more?

    Gold ETFs trade live on stock exchanges, whereas Gold FoFs are bought and redeemed through mutual fund platforms at end-of-day NAV

  • Diversified equity mutual funds: Which top 5 schemes have outperformed their category over 3 years?

    Three-year returns can tell you which diversified equity funds have delivered strong performance, but they don't show the full picture. Here’s a look at the funds that topped returns and how their performance stacks up by alpha. 

  • EPFO final PF withdrawal rule: How is your interest calculated up to the payment authorisation date?

    EPFO calculates interest on final PF settlements up to the date the final payment is authorised, irrespective of when the claim was submitted. Here’s how the interest calculation works and what EPF members should know when making a final withdrawal.

  • PRIM vs mutual funds vs PMS: Experts explain how they differ on portfolio structure, costs, taxation and suitability

    SEBI’s new PMS framework introduces PRIM, allowing investors to access professionally managed portfolios of mutual funds, ETFs and SIFs. Here's how PRIM compares with conventional PMS and mutual funds on investment, management, taxation and flexibility. 

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