MDR on selected UPI merchant payments above ₹2,000 deferred until after Diwali
Summary: The National Payments Corporation of India (NPCI) has deferred a 0.4% merchant discount rate (MDR) on selected person-to-merchant UPI...
Business & Economy
IMF raises India growth forecast to 7% for 2026–27
Summary: The International Monetary Fund has raised its forecast for India’s GDP growth in 2026–27 to 7%, from 6.4% in...
Rupee closes near ₹95.05 per dollar as recent gains continue
Rupee closes near ₹95.05 — October 15 update The Indian rupee ended Thursday, October 15, near ₹95.05 per US dollar....
Nilgiris invites applications for Jerusalem pilgrimage subsidy
Summary: Tamil Nadu has invited subsidy applications from Christians who completed and returned from the Jerusalem Holy Land pilgrimage in...
Sensex slides 1,045 points; Nifty closes at 22,231.80
India’s benchmark equity indices ended sharply lower on October 8. Market reports pointed to elevated crude-oil prices, weak global cues,...
NCR industries must add PTZ cameras by October 31
CAQM expands camera coverage for live monitoring of fuel use.CAQM has directed industries in the National Capital Region to install...
India’s steel use rises 7.5% in April–September 2026
Provisional figures put finished-steel consumption at 84.9 million tonnes.The Steel Ministry’s 6 October release reports crude-steel output of 85.1 million...
World Bank projects 7.1% growth for India in FY2026–27
Domestic demand and exports support the outlook; external risks remain.The World Bank’s India Development Update, released on October 6, projects...
Cabinet approves ₹10,000 crore SME Growth Fund commitment
The Union Cabinet has approved a Government of India commitment of ₹10,000 crore for a new SME Growth Fund designed...
Cabinet approves integrated authority for transport and logistics
The Union Cabinet has approved a new Integrated Transport & Logistics Authority (ITLA) as a special-purpose vehicle to bring national...
