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24 results for "Economy"

US-Iran Standoff: U.S. Threatens Global Grounding of Iranian Airlines While Tehran Holds Firm on Strait of Hormuz
World

US-Iran Standoff: U.S. Threatens Global Grounding of Iranian Airlines While Tehran Holds Firm on Strait of Hormuz

Washington is threatening secondary sanctions to ground all Iranian airlines globally, while Tehran maintains strategic leverage through the contested Strait of Hormuz corridor.

2 min read
UPI Merchant Payment Fee Debate: Government Sets 0.4% MDR on Transactions Above ₹2,000
India

UPI Merchant Payment Fee Debate: Government Sets 0.4% MDR on Transactions Above ₹2,000

The National Payments Corporation of India announced a new Merchant Discount Rate framework, imposing a 0.4% fee on person-to-merchant UPI payments above ₹2,000 starting October 15, 2026.

2 min read
EPFO Wage Ceiling Hike: Government Raises Mandatory Salary Limit to ₹25,000 from ₹15,000
India

EPFO Wage Ceiling Hike: Government Raises Mandatory Salary Limit to ₹25,000 from ₹15,000

The Union Cabinet has approved a major hike in the EPFO wage ceiling, raising the mandatory coverage limit from ₹15,000 to ₹25,000 per month to expand social security benefits.

2 min read
Donald Trump Claims US-Iran War Will End Immediately After November Midterm Elections
World

Donald Trump Claims US-Iran War Will End Immediately After November Midterm Elections

US President Donald Trump predicted that the military conflict with Iran will conclude right after the November midterm elections, asserting that Tehran cannot sustain the pressure any longer.

2 min read
Global Oil Prices Surge Past $100 a Barrel Amid Escalating US-Iran Conflict and Tanker Strikes
World

Global Oil Prices Surge Past $100 a Barrel Amid Escalating US-Iran Conflict and Tanker Strikes

International oil prices climbed above $100 a barrel for the first time since July as military conflicts and direct U.S. strikes on Iranian tankers heightened fears of major supply shortages.

2 min read
India Records Strong 7.8% GDP Growth in First Quarter, Beating Market Estimates
India

India Records Strong 7.8% GDP Growth in First Quarter, Beating Market Estimates

India's economy grew by 7.8% in the April-June quarter of the 2026-27 financial year, defying global economic pressures and surpassing earlier market forecasts.

2 min read
US National Debt Surpasses $40 Trillion for the First Time in History
World

US National Debt Surpasses $40 Trillion for the First Time in History

The United States gross national debt has officially crossed the $40 trillion threshold for the first time, driven by persistent budget deficits, rising interest costs, and decades of heavy government borrowing.

2 min read
India and Singapore Hold High-Level Bilateral Talks to Expand Technology and Trade Cooperation
Business

India and Singapore Hold High-Level Bilateral Talks to Expand Technology and Trade Cooperation

India and Singapore convened the fourth Ministerial Roundtable in Singapore, focusing on strengthening strategic cooperation in semiconductors, telecommunications, digital infrastructure, and advanced manufacturing.

2 min read
Statewide Karnataka Bandh Called Over Cauvery Water Dispute: What Stays Open and Closed
India

Statewide Karnataka Bandh Called Over Cauvery Water Dispute: What Stays Open and Closed

Pro-Kannada organizations have called a statewide Karnataka bandh to protest against the Cauvery water sharing directives, causing transport delays and partial business closures across Bengaluru and border regions.

2 min read
UPI Payment Security and Regulation: What New Rules Mean for Users and Businesses
World

UPI Payment Security and Regulation: What New Rules Mean for Users and Businesses

Recent parliamentary updates regarding digital transactions have sparked discussions about UPI safety, fees, and network maintenance. Here is a simple guide to what the regulations mean for everyday users and merchants.

2 min read
US Senate Passes Russia Sanctions Bill Aiming for 100% Tariffs on Major Oil Buyers
World

US Senate Passes Russia Sanctions Bill Aiming for 100% Tariffs on Major Oil Buyers

The US Senate has approved a major sanctions bill that gives the president power to place heavy tariffs on countries buying Russian oil and gas.

2 min read
RBI Raises India's FY27 GDP Growth Forecast to 6.7% While Keeping Repo Rate Unchanged
India

RBI Raises India's FY27 GDP Growth Forecast to 6.7% While Keeping Repo Rate Unchanged

The Reserve Bank of India has revised its real GDP growth projection upward for the current financial year, citing strong domestic demand and steady economic resilience.

2 min read