Business

Washington: The leading AI industry voices rarely agree - so when they do, it's no wonder it captures attention. Anthropic's Dario Amodei, OpenAI's Sam Altman, SpaceXAI's Elon Musk and other prominent industry leaders have said in recent days that AI's development needs to slow down....

New Delhi: Congress on Wednesday accused the government of giving into a US demand to get rid of zero MDR and charge for UPI, and said Prime Minister Narendra Modi has "redefined NOTA - Narendra's Ongoing Trump Appeasement". Congress general secretary in-charge communications Jairam Ramesh...

New Delhi: New Zealand's Parliament Wednesday passed legislation needed for the free trade agreement (FTA) with India with lawmakers voting 93-29 in favour, according to Trade and Investment Minister Todd McClay. McClay said the vote showed strong parliamentary support for the agreement and its expected...

Washington: US House of Representatives voted to advance a bill that would authorise President Donald Trump to impose 100 per cent tariffs on India and other countries for buying oil and gas from Russia and extend existing sanctions on Iran. The Lindsey O Graham Sanctioning...

RABI NARAYAN JENA Bhubaneswar: The state’s fiscal deficit in 2025-26 was Rs 23,650.89 crore, as revealed a recent report submitted by Odisha Principal Accountant General (PAG) to the Finance Department. It was marginally lower than the Rs 25,042 crore recorded in 2024-25. On the one...

New Delhi: The new UPI framework introduced has no impact on any person-to-person transactions as UPI will continue to remain completely free for these, irrespective of the amount transferred, according to an explainer issued by the Finance Ministry Tuesday. Payments to merchants up to Rs...

New Delhi: The government Tuesday set a 0.4 per cent charge on UPI payments above Rs 2,000 to merchants and capped the fee at Rs 300 for payments of Rs 75,000 and above as it rolled out a framework for large digital merchant payments. The...

New Delhi: India’s automobile wholesales across passenger vehicles (PVs), three-wheelers (3Ws) and two-wheelers (2Ws) reached their highest-ever levels for the month of August in 2026, aided by a favourable demand environment and a lower base in the year-ago period, according to data released by the...

New Delhi: A panel comprising representatives of banks, service providers and various associations would soon take a call on charges to be levied on UPI payments above Rs 2,000 to merchants. The UPI & Services Steering Committee has 22 members, including Indian Banks' Association (IBA)...

New Delhi: India's exports increased by 26.12 per cent to USD 43.81 billion in August, and the trade deficit narrowed to USD 26.86 billion, government data showed Tuesday. The country's imports rose by about 14.1 per cent to USD 70.76 billion in August. During April-August...