Business

Merchant Discount Rate is the cost paid by a merchant to a bank for accepting payment from their customers via digital means. Finance Ministry’s clarification comes following reports that the government is planning to impose MDR on large-ticket UPI transactions

Indian benchmark indices opened higher on Thursday but soon turned negative, pressured by weak global markets, geopolitical tensions in the Middle East, and continued FII outflows. Analysts expect the flat trend to persist without strong positive triggers. Brent crude volatility remains a concern.

The rupee appreciated by 7 paise to 85.46 against the US dollar, supported by a weak dollar index, falling crude oil prices, and positive equities. However, FII outflows and anticipation of CPI data capped further gains, traders said.

Since AI lacks intuition and common sense, it can benefit greatly from philosophical insights that delve into meaning, reasoning, and lived experience

It’s not clear how many employees are affected, but voluntary exit offers were made to staff in Google’s search, advertising, research and engineering units, according to The Wall Street Journal

Jio BlackRock, a joint venture between JFSL and BlackRock, has received Sebi and BSE approval to start investment advisory services in India. With a digital-first approach, it aims to offer global-quality, personalised financial solutions for Indian investors

The government approved railway doubling projects in Jharkhand and Karnataka worth Rs 6,405 crore. These will boost connectivity, create jobs, and ease freight movement. Part of the PM Gati Shakti plan, the projects aim to reduce emissions, costs, and improve efficiency

AI will power future telecom networks with smarter services and automation. India, led by institutions like C-DoT and IITs, is developing AI-based telecom tech. Supported by strong policies and a growing startup ecosystem, India aims to lead global AI networking innovations

The Indian delegation, led by Union Minister Dr Jitendra Singh, held a 'bilateral' with Marianne Sivertsen Ness, Norway’s Minister of Fisheries and Ocean Policy at the ongoing UN Ocean Conference in France

GenePoweRx has joined hands with MGI Tech in a strategic partnership to deliver AI-powered genomic solutions for predictive healthcare and personalized medicine. The collaboration aims to enhance global access to rapid, accurate, and preventive genomic insights.

With new players like Rapido entering the arena, established platforms such as Zomato and Swiggy face fresh competition driven by lower margins and innovative operational strategies

A Grant Thornton Bharat report highlights stabilized valuations, renewed outbound M&A activity, and a rejuvenated IPO market set to boost India’s private equity landscape in the second half of 2025

Rights groups report alleges the Chinese government runs coercive labour practices targeting predominantly Muslim Uyghurs and other Turkic minorities

Following the 2024 ousting of Bashar al-Assad, countries are renewing ties with Syria. The IMF is planning reforms and capacity-building, but reconstruction could cost up to $400 billion

Benchmark indices Sensex and Nifty opened higher on Wednesday, tracking global gains and optimism over US-China trade negotiations. Positive FII inflows and firm Asian markets contributed to the upward momentum, while Brent crude saw a marginal dip.

The Indian rupee strengthened by 6 paise to 85.51 against the US dollar on Wednesday, aided by foreign fund inflows and easing global crude prices. Traders expect range-bound movement amid demand from oil firms and government-related payments.

Chairing the 29th meeting of the Financial Stability and Development Council (FSDC) here, Finance Minister Nirmala Sitharaman emphasised that interest of common citizens to be kept in mind and expeditiously refund the claims of the rightful claimants

World Bank forecast says President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world

Though India is endowed with the fifth largest reserves of Rare Earth Elements, its output remains minimal, making a strong case for liberalising mining restrictions and attracting private investments to reduce imports

Apple has previewed iOS 26 at its flagship developer conference ‘WWDC 2025’ here — a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day

President Donald Trump's media company just announced a plan to raise USD 2.5 billion to buy bitcoin, joining a growing number of so-called “bitcoin treasury companies” as the world's most popular cryptocurrency hits all-time highs

Commerce and Industry Minister Piyush Goyal held a meeting in Bern with the leadership from several premier Swiss companies across diverse sectors and urged them to see India as a strategic hub for manufacturing, talent, and innovation

Indian Overseas Bank's 'Locate IOB' offers customers a simple and smart way to access addresses, directions, and IFSC codes for all IOB branches and ATM networks

TVS launched the 2025 Apache RTR 200 4V with better performance, safety, and updated design. It's OBD2B compliant, features ride modes, ABS, and LED lights. Priced from Rs 1.53 lakh, it celebrates 20 years of Apache motorcycles and 6 million riders