Livemint

A lower EMI does not necessarily mean a cheaper loan. Before choosing between a credit card EMI and a personal loan, calculate the total amount payable under both options.

New UPI rules effective October 15 introduce a 0.4% fee for merchant transactions above 2,000. While some costs may rise for consumers, person-to-person transfers remain free. Subscriptions via UPI AutoPay wont incur additional charges, protecting users from unexpected increases.

A zero-copay health insurance policy reduces hospitalisation costs but often comes with higher premiums. It's crucial to compare coverage, premiums and potential expenses before selecting one.

The top-performing states retained their leading positions from last year as the overall median score improved to 40 from 36.

On September 17, Prime Minister Modi's birthday, 3,000 will be credited to 1.58 crore eligible women under the Annapurna Yojana. 

The Union Cabinet raised the EPFO wage ceiling from 15,000 to 25,000, potentially increasing the life insurance cover under the EDLI scheme from 7 lakh to an estimated 10.5 lakh. This change could benefit between 50 lakh and 1 crore new EPFO members.

The introduction of a 0.4% fee on UPI transactions above 2,000 is shrinking shopkeepers' net profits right before the peak festival shopping period. While large stores plan to absorb the cost or split bills, trade groups warn small retailers may reduce discounts or favour cash payments.

Fuel retailers say thin, regulated margins leave little room to absorb the 5 charge on UPI transactions above 2,000.

Transferring capital from an NRO account to an NRE account is fully permitted, but it remains strictly regulated by tax and foreign exchange rules.

Creating an effective emergency fund involves assessing essential expenses and estimating recovery time based on personal situations. 

Succession planning for account access, earnings, intellectual property and commercial agreements is essential.

The 8th Central Pay Commission will visit Bengaluru on October 7-8, meeting with employee unions and pensioner associations to discuss various demands. Chaired by Justice Ranjana Prakash Desai, it aims to release final recommendations by May 2027.

MDR on UPI payments is not expected to significantly impact overall transaction volumes, given that only 4% of total UPI transactions are expected to be eligible for such a charge. However, the charge has created a lot of noise around its potential impact on UPI usage

The EPFO wage ceiling has been raised to 25,000, bringing an additional 51 lakh employees under mandatory provident fund cover, and widening social security coverage for workers. Today, we calculate how this can impact your pension payout.

SBI is hiring for senior roles, including a Group Chief Information Security Officer, with IT qualifications. Marketing Executive and Dean positions are also available. 

The tribunal held that a complaint seeking relief under RERA was not maintainable before the Karnataka RERA.

A deal would relieve pressure on Intel, which has been struggling, and mark a big win for the Trump administration, which has been ramping up pressure on chipmakers to build in the US as relentless investment in AI and data centres fuels an acute shortage of memory chips

An NRI in Singapore for 12 years visited India to manage inherited assets after their mother's death. They anticipate a three-month stay and are questioning whether it will make their Singapore salary taxable in India. 

The debate over UPI transaction fees reignites as the government announces merchant charges on transactions over 2,000. Here's what some industry leaders said about the move.

Debt funds and FDs may face the same slab-rate taxation, but they differ significantly in return certainty, liquidity and market risk. FundsIndia CEO Rishabh Garg explains when investors should favour the certainty of FDs and when short-duration or liquid debt funds may fit better.

The government is set to wind up the 37-year-old Digital Communications Commission after it approved most of TRAI's satcom spectrum recommendations. The move comes amid an overlap in DoT roles and changes to the telecom department's budget process.

While the new MDR introduces another cost for UPI investments, a mutual fund investor will not directly pay the fee or see it deducted from the investment amount.

BIS has raised the hallmarking fee for gold jewellery to 75 per article from 45, while keeping the silver fee unchanged at 35, effective 14 September 2026. The increase comes ahead of the festive season, but it does not automatically mean buyers will pay 30 more for every gold jewellery article.

NPCIs new UPI MDR framework from 15 October will impose a 0.4% charge on select merchant transactions above 2,000, but consumers will continue to make UPI payments for free. NPCI has also clarified that there will be no monthly cap or platform fee for users.

Indian Railways has a massive investment requirement at a time when its internal revenue generation has remained largely stagnant. Will the new models help it overcome challenges?

Video-streaming platforms are adapting to changing viewer habits, shifting from traditional long formats to 1525-minute microdramas. This trend is driven by reduced attention spans and the need for quick consumption, leading to more diverse content options.

AI tools and cloud storage are emerging as a new category of recurring household spending, but experts say users should regularly assess their utility, avoid overlapping subscriptions and protect personal data.

A Mumbai ITAT ruling has deleted a 23.94 lakh penalty imposed on a taxpayer who had omitted 38.37 lakh of cash deposits from his original ITR but disclosed the income during scrutiny and paid the tax due. 

Nithin Kamath, Zerodha co-founder, backed Merchant Discount Rate (MDR) on UPI, calling it inevitable and saying it could boost competition. But he flagged the cost burden on brokers, suggesting a 0.02% MDR capped at 5-10, rather than 300.

US Treasury and Japanese bond yields can ripple through equities, currencies, commodities and even domestic borrowing costs, making global rate moves relevant to Indian families planning for long-term financial goals.

Credit card cashbacks, referral bonus or proceeds from selling an old phone online may all put money or benefits in your hands but the tax rules differ. Here's all you need to know.

What would it cost to run an investment app that adds 200 crore to wallets for stock and derivative trading / invested into mutual funds every day? INDmoney CEO explains

Maharashtra FDA commissioner Tukaram Mundhe has written to the Department of Pharmaceuticals and the NPPA, urging regulators to cap trade margins or bring essential device categories under structured price monitoring.

Gold prices in India rose nearly 0.65% today amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today. 

Oracle is cutting jobs even as it plans to spend up to $95 billion on capital expenditure in fiscal 2027, largely as it expands its AI and data-centre infrastructure. CFO Hilary Maxson told employees the focus should be on eliminating low-impact work.

Rainmatters Dinesh Pai says Indian startups need more patient, entrepreneurial capital as wealth creation often takes longer than the traditional seven-to-eight-year VC cycle.

UPI will introduce MDR on select merchant payments above 2,000 from 15 October, but the new charge does not apply uniformly to all UPI transactions. Mutual fund SIPs through UPI AutoPay remain outside the prescribed MDR, while one-time capital-market payments get a lower 0.02% rate.

Ola Electric payments to Krutrim SI Designs, an AI company owned by Chairmnan Bhavish Aggarwal, nearly quadrupled to 100 crore in FY26, documents show.

From 15 October, NPCI's new MDR policy will apply to certain UPI transactions. Here's how the merchant charges compare with credit card and debit card fees, and credit-linked UPI. 

Bangalore house hunt is slowly driving us insane, the couple, frustrated by the search, said. Were honestly just looking for a genuine, clean, semi-furnished 2BHK from a direct owner or a trustworthy broker.

A postgraduate medical student received 18.34 lakh as a stipend from Aligarh Muslim University, but the Income Tax Department treated it as taxable salary. The Delhi ITAT held that the stipend was linked to her education and compulsory residency training and allowed the Section 10(16) exemption.

NPCIs decision to allow a 0.4% fee on high-value UPI transactions from 15 October gives the payment giant long-awaited revenue visibility, rekindling its IPO plans, two sources told Mint.

New e-commerce regulations in India, starting January 2027, mandate transparency in pricing by displaying past prices alongside current discounts. Brands may need to adjust promotional tactics, potentially influencing sales patterns significantly during peak shopping periods.

The court documents showed that Shetty and his companies owed Bank of Baroda 2,077 crore as of May 2020, which was about a third of the settlement amount the lender paid.

MDR on UPI transactions can boost adoption of central bank digital currency, or e-rupee, as merchants seek free alternatives.

JP MORGAN-INVESTMENT BANKING/ (PIX):JPMorgan expects investment banking, trading to shine in third quarter

Indias income pyramid is shifting rapidly, with millions of households moving into higher-income brackets. As earnings rise, spending patterns, savings, and investment behaviour are also changing. 

How should a country respond when highly successful Chinese companies become too dominant within its borders? Its a question more economies will have to confront as these firms fan out across the globe in search of new customers.

Benjamin Grahams The Intelligent Investor advises on understanding investments through careful examination. Check out these 5 simple money lessons from the celebrated book.

The clarification comes ahead of the revised UPI fee structure, which is scheduled to take effect from October 15. Under the new framework, a 0.4% MDR will be applicable to certain direct account-to-merchant-account UPI payments above 2,000, with the fee capped at 300 per transaction