Business

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...

New Delhi: The India-New Zealand free trade agreement is likely to come into force from October 19, an official said. The two countries had on April 27 signed the free trade agreement (FTA) to boost two-way commerce in goods and services and promote investments. The...

New Delhi: The government has directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay debit cards. However, the government has not specified whether charges would be applicable...

New Delhi: Tata Group stocks were in the limelight Tuesday, with Tata Chemicals surging 20 per cent, amid reports that the Reserve Bank has rejected Tata Sons' application to surrender its core investment company registration, killing the Tata Group holding company's attempt to avoid a...

New Delhi: Around 200 SpiceJet passengers protested at the Delhi airport as their flights to Dubai were rescheduled multiple times and faced inordinate delay since Monday, according to a source. Two flights SG 5111 and SG 5105 were scheduled to depart for Dubai in the...