UPI to Charge 1.1% Fee from April 2023
From April 2023, the NPCI will impose a 1.1% fee on transactions over INR 2,000 made via the UPI. The fee will be charged to payment service providers (PSPs).
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Google Will Cooperate With Antitrust Authorities
In October, the Competition Commission of India (CCI) concluded that Google was abusing its dominant position in Android and ordered it to lift limitations on device makers. Google lost its Supreme Court petition to prevent the directions on Thursday, and now has seven days to comply.
Sensex and Nifty trade steadily in the early going
Sensex and Nifty trade steadily in the early going Initial trading today saw a rise in the Sensex and Nifty due to purchasing in index heavyweights Reliance Industries and HDFC twins.After a strong start, the 30-share BSE benchmark increased 234.16 points to 60,327.13. The NSE Nifty index as a whole increased 64.5 points to 17,959.35. …
Sensex and Nifty trade steadily in the early going Read More »
Microsoft is rumoured to invest in OpenAI and expand ChatGPT access
The information comes at a time when Microsoft has considered increasing the $1 billion stake in OpenAI that it revealed in 2019 according to two people with knowledge of the situation.
As Davos begins, CEOs and economists prepare for a recession
Concerns about a recession are likely to be widespread this week, as more than 2,700 executives, bankers, and economists gather in Davos, Switzerland, for the first time in January since 2020.
India-China Trade Rises To $136 Billion
According to yearly Chinese customs data, commerce between India and China would reach $135.98 billion in 2022, surpassing the $125 billion milestone a year earlier by reporting an 8.4% growth.
Tata Power setting up 25,000 electric vehicle charging stations
Tata Power’s Virendra Goyal, head of business development for EV charging, stated: “In India, demand for electric vehicles is constantly rising. Having a strong charging network across India is crucial.”
Rupee rises 18 paise to 82.17 per US dollar as crude oil prices fall.
Forex dealers warned that continued foreign capital outflows and a negative trend in local stocks impacted on investor mood and limited the appreciating bias.
“Should I Step down?” Elon Musk Tweet Poll
“Should I step down as head of Twitter? I will abide by the results of this poll,” Elon Musk inquired in one of his tweets.
US lawmakers unveil bipartisan bid to ban China’s TikTok
As lawmakers launch a bipartisan effort to block the app due to concerns about spying and censorship, TikTok may be banned in the US.