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FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security

FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security

by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology

Nirmala Sitharaman,Finance Minister The government is likely to allow a levy of 0.25 per cent to 0.4 per cent as merchant discount rate (MDR) or charges on UPI payments above Rs 2,000 made to businesses, while keeping payments made by one person to another outside the...
Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China

Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China

by AIP Online Bureau | Dec 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management

The external affairs minister said alternative routes for supplies are increasing the transportation cost of the shipments. “It is of very direct economic consequence. So we have actually been interacting with all the major players including Iran and Israel,” External...

Healthcare likely to receive top priority in Budget: Assocham

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

The industry chamber noted that 47 per cent of the respondents in its survey pointed towards Finance Minister Nirmala Sitharaman according maximum attention to healthcare in the Budget. Besides, MSMEs, energy and infrastructure and technology were also on priority...

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