UPI: Government is also expected to prescribe an upper limit on the maximum MDR that can be charged. Will you have to pay for UPI payments going ahead? The government is expected to permit the levy of a Merchant Discount Rate (MDR) of 0.25% to 0.4% on UPI transactions above Rs 2,000 made to businesses,…
RBI decided not to hike the repo rate, and the policy statement clearly explains the rationale. RBI’s monetary policy in August comes against a backdrop of rising global inflation and central banks raising rates to keep it in check. Yet, RBI governor Sanjay Malhotra-led Monetary Policy Committee on Wednesday decided to keep the repo rate…
Gold appears to be transitioning from a sharp correction into a consolidation phase. Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.After a volatile July, gold finally showed signs of…
Australia to skip practice matches ahead of 2027 BGT (Image: ICC) Australia head coach Andrew McDonald has revealed that his side will not play any practice matches before the 2027 Border-Gavaskar Trophy in India, opting instead for an extended training camp tailored to Indian conditions.The five-Test series, scheduled from January 21 to March 3, 2027,…
The PCB said it has taken “serious notice” of the participation of former Pakistan cricketers in the tournament. NEW DELHI: Several former Pakistan cricketers could face disciplinary action from the Pakistan Cricket Board (PCB) after taking part in the Asian Legends League in Zambia without the required approval, according to ESPNcricinfo. More than a dozen…
Carlos Alcaraz’s troubled 2026 season has suffered another major setback after the Spaniard officially withdrew from the Cincinnati Open due to his lingering right wrist injury, casting fresh doubt over his chances of defending the US Open title later this month.The 23-year-old, who lifted the Cincinnati crown in 2025, confirmed on Tuesday (August 4) that…
SpaceX reports first quarterly earnings, posts $7.8 billion in revenue SpaceX delivered a quarter that beat expectations on paper, but not enough to put investors completely at ease. The Elon Musk-led company reported a smaller-than-expected loss for the three months through June as revenue soared to $7.8 billion, powered by rapid growth in its Starlink…
Neeraj Chopra has opened up about the emotional journey behind his silver medal at the Commonwealth Games 2026, saying the achievement means much more than the distance he threw. The Olympic champion, who returned after battling multiple injuries, shared a heartfelt message on Instagram along with pictures and videos from Glasgow.The Indian javelin star said…
Gautam Gambhir (Image credit: ICC Photo) When Gautam Gambhir landed in Colombo with the Indian team on Tuesday, he did so carrying a contradiction that increasingly defines his tenure as India’s head coach. Few Indian cricketers have spoken more passionately about how sacred Test cricket is to them. Few modern Indian batters built their reputation…
Stock Market Today: Analysts say recent swings reflect technical adjustments, not weakening market fundamentals Market experts attributed the recent volatility primarily to the introduction of the Closing Auction Session rather than any deterioration in the broader economic outlook. According to Hariselvan Radhakrishnan, Founder and CEO of HST Wealth, benchmark indices experienced a phase of recalibration…