By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Banks cautioned against imposing levies like MDR on…
Banks have been cautioned against imposing charges such as MDR or merchant discount rate on electronic transactions including Unified Payments Interface (UPI). Finance ministry may take action against banks not adhering to the direction. Central…
Kolkata stock brokers ask WB govt to scrap…
Kolkata: The stock broking fraternity in Kolkata wants the West Bengal government to either scrap the stamp duty levied on the proprietary transactions of equity traders or cap it at Rs 1,500 per day per…
TikTok will challenge Trump order banning U.S. transactions,…
The Tencent Holdings Ltd. WeChat and ByteDance Ltd. TikTok app icons are displayed on a smartphone in an arranged photograph taken in Arlington, Virginia, on Friday, Aug. 7, 2020.Andrew Harrer | Bloomberg | Getty ImagesTikTok…
Trump issues executive orders banning U.S. transactions with…
A smartphone screen displays the app store view of the TikTok app in this arranged photograph in London, on Monday, Aug. 3, 2020.Hollie Adams | Bloomberg | Getty ImagesPresident Donald Trump on Thursday issued executive…
Digital payment transactions in India rise 23% between…
NEW DELHI: Digital payment transaction saw a 23 per cent jump in the past one month, signalling a rebound after the decline seen during the nationwide lockdown, according to a report by fintech platform Razorpay.…
Reliance Group companies’ shares worth over Rs 3.3…
New Delhi: Anil Ambani-led Reliance Group companies' shares worth over Rs 3.31 crore were offloaded through open market transactions on Thursday. According to bulk deal data on the National Stock Exchange (NSE), YES Bank sold…