Business RBI Hikes Policy Repo Rate to 5.5% to Counter Inflationary Pressures October 7, 2026 Dhananjai The Reserve Bank of India (RBI) has initiated a monetary tightening cycle, raising the benchmark repo rate by 25 basis points to 5.50%. The move comes in response to mounting…
Business UPI Zero-Fee Era Ends: NPCI Rolls Out 0.4% MDR on Large Merchant Transactions September 16, 2026 Dhananjai India’s Unified Payments Interface (UPI) is set to conclude its completely fee-free era for large commercial transactions starting October 15, as the National Payments Corporation of India (NPCI) introduces a…
