Business

Fuel station operators across India and trade bodies, including the Chamber of Trade and Industry (CTI) and the All India Petroleum Dealers Association (AIPDA), have warned that petrol pumps could stop accepting UPI transactions exceeding ₹2,000. The pushback follows the notification of a revised Merchant Discount Rate (MDR) structure, prompting …

In a landmark social security reform, the Union Cabinet chaired by Prime Minister Narendra Modi approved a hike in the mandatory wage limit under the Employees’ Provident Fund Organisation (EPFO) from ₹15,000 to ₹25,000 per month. The move marks the first upward revision in the statutory salary threshold in 12 …

Tata Motors is readying an all-new, next-generation iteration of its bestselling sub-compact SUV, the Tata Nexon. Internally codenamed Project Garud, the upcoming model marks the nameplate’s first comprehensive ground-up redesign since its debut in 2017, moving past the previous cosmetic and mid-cycle facelifts seen in 2020 and 2023. YouTube Expected …

India and the United States have taken decisive steps to broaden their bilateral energy corridor, with Union Power Minister Manohar Lal holding extensive bilateral discussions with US Energy Secretary Chris Wright in Houston, Texas. Convening on the sidelines of the G20 Energy Abundance Ministerial, both leadership teams focused on securing …

India’s leading FMCG and tobacco conglomerate, ITC Ltd, has implemented another round of price revisions across select cigarette offerings, delivering a direct hit to smokers’ pockets. The latest retail price adjustments specifically impact two widely consumed brands—Classic Connect and Gold Flake Super Star—with fresh inventory bearing the increased Maximum Retail …

India faces the prospect of punitive US import duties reaching up to 100 percent after the United States House of Representatives cleared a critical procedural hurdle to advance a sweeping secondary sanctions package aimed at curbing Moscow’s hydrocarbon revenues. Titled the Lindsey O. Graham Sanctioning Russia and Iran Act of …

Indian defence major Bharat Forge Limited has formed a strategic collaboration with aircraft engine manufacturer Pratt & Whitney Canada to evaluate integrating advanced turboprop engines into India’s indigenous High-Altitude, Long-Endurance (HALE) unmanned aerial vehicle (UAV) platform. The initiative directly supports the ongoing long-endurance drone programme designed and spearheaded by the …

The Central Consumer Protection Authority (CCPA) has escalated an investigation into Apple over consumer complaints alleging that software updates triggered severe hardware malfunctions, leaving iPhone owners with steep out-of-pocket repair costs. The investigation wing of the country’s top consumer watchdog is examining whether charging consumers exorbitant service fees—such as Rs …

Escalating geopolitical instability in West Asia has dealt a blow to India’s agricultural outbound trade, limiting rice export growth to a marginal 2.17 percent during the April-August period of the financial year 2026-27. Valued at $4.81 billion, shipments from the world’s largest grain exporter faced severe logistical bottlenecks, sky-high maritime …

The Union Government has strongly rejected allegations of giving in to external pressure regarding its digital payment policy, clarifying that the newly announced 0.4 percent Merchant Discount Rate (MDR) on select high-value UPI transactions is a calculated domestic policy decision aimed purely at long-term infrastructure sustainability. Rebutting opposition claims that …