GST on MDR: Should merchant discount rate attract GST?
Business Lineby Mohan R Lavi·25d ago
“Since currently no MDR is charged on UPI transactions, there is consequently no GST.” With these words, the Central Board of Indirect Taxes and Customs (CBIC) put to rest, in April 2025, rumours...
IMD update: Brewing ‘low’ may initially ramp up as monsoon depression
Business Lineby Vinson Kurian·25d ago
The south-west monsoon is beginning to wind down over the north-west India even as the Bay of Bengal prepares to throw up another rain-bearing system, setting the stage for a potentially stormy...
US strike on Iran school may be war crime: UN report
Business Lineby Bloomberg·25d ago
A group of United Nations-backed experts found “reasonable grounds” to believe that US forces committed war crimes during the conflict against Iran, pointing to two airstrikes including one that...
FMCG distributors body says UPI transactions should remain zero-MDR for merchants
Business Lineby Meenakshi Verma Ambwani·25d ago
The All India Consumer Products Distributors Federation (AICPDF) on Friday said it strongly opposes the proposed imposition of Merchant Discount Rate (MDR) on UPI transactions as any additional...
Apple Pay eyes India rollout with Axis Bank in October, sources say
Business Lineby Reuters·25d ago
Apple is poised to launch Apple Pay in India next month with Axis Bank's credit cards, three sources familiar with the matter said, as it works to expand support among the country's lenders.
Listing of Tata Sons shares an imperative, says Shapoorji Pallonji group
Business Lineby BL Mumbai Bureau·25d ago
Listing of Tata Sons shares is a social and moral imperative, Shapoorji Pallonji Group (SP group ) has said, highlighting difference with Tata Trusts chairman Noel Tata who is opposed to a share...
Takeda’s Qdenga dengue vaccine to be distributed in India by Dr Reddy’s in 2027
Business Lineby BL Mumbai Bureau·25d ago
Japan-headquartered Takeda Pharmaceutical Company will bring its dengue vaccine Qdenga to India through an exclusive distribution agreement with Dr Reddy’s Laboratories Ltd.
Zee Entertainment shareholders approve reappointment of five Board of Directors during AGM
Business Lineby BL Mumbai Bureau·25d ago
Zee Entertainment Enterprises secured the approval of its shareholders to reappoint 5 Board of Directors, at the Company’s 44th Annual General Meeting (AGM) on Thursday evening.
India heads for driest monsoon since 2009 as El Niño curbs rainfall
Business Lineby Bloomberg·25d ago
India is on course for its driest monsoon in 17 years as a strengthening El Niño curbs rainfall, threatening crop yields and raising food-price risks.
Tenthpin Launches AI, IoMT-based Centre for Life Sciences Innovation Hub in Bengaluru
Business Lineby Cuelive·25d ago
BENGALURU, India , Sept. 18, 2026 /PRNewswire/ -- Switzerland based Tenthpin Management Consultants, a global leader in management and technology consulting for Life Sciences companies has...
Oil prices fall 1% on hopes of limited supply disruptions
Business Lineby Reuters·25d ago
Sept 18 Oil prices fell about 1%, extending losses for a third session, but stayed above $100 on Friday, as hopes of alternate ways for barrels from West Asia to reach markets outweighed concerns...
Rupee may find breathing room on IPO-linked inflows, oil retreat
Business Lineby Reuters·25d ago
The rupee is set to open modestly stronger on Friday, soothed by a retreat in oil prices and expectations of foreign portfolio inflows linked to a large initial public offering, though the currency...
What commodity markets can expect from the Trump-Xi summit
Business Lineby Reuters·25d ago
Trade in agriculture, energy and rare earths has become major bargaining chips in the trade war between the United States and China and are likely to feature again when President Donald Trump hosts...
Tata Sons at a crossroads: Why N Chandrasekaran’s reappointment may not end the battle
Business Lineby BL Mumbai Bureau·25d ago
The Tata Sons board’s decision to reappoint N Chandrasekaran as executive chairman has intensified a growing governance conflict between management and the Tata Trusts, the conglomerate’s principal...
dtcpay Welcomes SBI Group as Strategic Investor, Extending Series A to US$25M
Business Lineby Cuelive·25d ago
SINGAPORE , Sept. 18, 2026 /PRNewswire/ -- dtcpay, a Major Payment Institution headquartered in Singapore, today announced the completion of its US$25 million Series A funding round.
Brookfield’s $600-million ACME bet can take India’s green molecules to global scale: Manoj Upadhyay
Business Lineby Amit Vijay Mohile·25d ago
Brookfield’s proposed investment of up to $600 million in ACME Cleantech Ventures can help move India’s green-molecule industry from individual projects to global scale, ACME Group Chairman Manoj...
‘India needs targeted support for semiconductor equipment R&D’
Business Lineby Our Bureaus·25d ago
India needs dedicated government incentives for developing semiconductor equipment, components and subsystems domestically if it wants to build a deeper local manufacturing ecosystem, a senior...
Tata Sons board backs Chandra for third term, Noel Tata calls vote ‘legal nullity’
Business Lineby Aneesh Phadnis·25d ago
A bitter boardroom confrontation erupted at Tata Sons on Thursday as directors voted to give N Chandrasekaran another five-year term as Executive Chairman, despite opposition from majority...
Suchi Semicon starts commercial production, targets 3 million chips a day over three years
Business Lineby Sanjana B·25d ago
Suchi Semicon has started commercial production at its semiconductor packaging facility in Gujarat and plans to scale capacity tenfold to 3 million chips a day within three years, as global...
Brokerages seek MDR for capital market transactions to be limited to 2 basis points
Business Lineby Jyoti Banthia·25d ago
Discount brokerage firms including Groww, Zerodha, Angel One, Upstox and others have approached the Securities and Exchange Board of India (SEBI) seeking changes to the proposed framework for...
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