BUSINESS

UPI surge: India leads in fast payments; 18bn monthly transactions power growth

India has emerged as a global leader in real-time digital payments, primarily driven by the Unified Payments Interface (UPI). Launched in 2016, UPI has revolutionized India's payment ecosystem, processing over 18 billion transactions monthly and accounting for 85% of the country's digital payments.

TIMES OF INDIA
4 hours ago
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AGRICULTURE

Indian millers, exporters optimistic as Bangladesh plans to import 9 lt rice: Stakeholders

With India accounting for 46% of global rice exports, the country is expected to ‘emerge as the primary beneficiary of the move for its proximity, availability and competitive pricing’

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BUSINESS

Beware! Fraudulent ‘PAN 2.0’ Emails Circulating—Govt Issues Warning

These fake emails, sent from addresses like info@smt.plusoasis.com and appearing to come from “PAN 2.0 Cards,” falsely claim that the Income Tax Department has introduced a new PAN version with QR codes. The message urges people to click a link to download a free “e-PAN,” but it’s actually a scam.

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BUSINESS

Sona Comstar forms $20 million joint venture with Jinnaite to enter China

Sona Comstar is partnering with Jinnaite Machinery Co Ltd in a $20 million joint venture to manufacture driveline systems and components for electric vehicles in China. Sona Comstar will hold a 60% stake, aiming to expand its Asian foot ...more

TIMES OF INDIA
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BUSINESS

NPS vs UPS: Should you go for Unified Pension Scheme or stay in New Pension System? Find out what works better for government employees

UPS vs NPS: Government employees now have until September 30 to choose between the New Pension System (NPS) and the Unified Pension Scheme (UPS), with clarification that both offer similar tax benefits. NPS, a market-linked option, suit ...more

TIMES OF INDIA
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BUSINESS

Indian Overseas Bank Q1 earnings: Profit hits Rs 1,111 crore; aims 12% annual growth

Indian Overseas Bank (IOB) has announced a record net profit of Rs 1,111 crore for Q1 FY26, a 76% increase year-on-year. Confident in sustaining this growth, IOB targets 12% overall business growth for FY26 and aims to recover Rs 4,500 ...more

TIMES OF INDIA
2 hours ago
BANKING

Banks turn more circumspect on corporate credit amid rate cuts and ample liquidity

K Ram Kumar Large banks such as ICICI Bank, HDFC Bank and Union Bank of India have seen muted corporate credit growth in Q1FY26

THE HINDU BUSINESS LINE
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BUSINESS

Russia sanctions: EU restrictions on Russian oil could hit India’s $15 billion fuel exports; 'will have to walk a fine line…’

The EU's new sanctions on Russian oil could jeopardize India's $15 billion fuel exports. These sanctions target refined petroleum products made from Russian crude, potentially restricting access to European markets.

TIMES OF INDIA
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BUSINESS

ADIA invests $200 million in Micro Life Sciences

Post this investment, two global investors ADIA and Warburg Pincus will back Meril

THE HINDU BUSINESS LINE
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BUSINESS

India’s electronics exports jump 47%; US, UAE and China among top destinations

India's electronics exports soared by 47% in Q1 FY26, reaching $12.41 billion, driven by strong demand from the US, UAE, and China. Ready-made garment exports also increased, with the US remaining the top market. Marine exports saw sign ...more

TIMES OF INDIA
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BANKING

Private banks see sharp rise in bad loans, provisions in Q1

Axis Bank’s fresh slippages or bad loans spiked 71 per cent sequentially to ₹8,200 crore in Q1FY26

THE HINDU BUSINESS LINE
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ECONOMY

India upbeat on FTAs with Peru, Chile but China causes worry

New Delhi wants stringent rules of origin to check Chinese trans-shipments, say sources

THE HINDU BUSINESS LINE
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BUSINESS

IndiGo Kicks Off Flight Operations From Hindon Airport To 9 Indian Cities, Becomes Second Airline After Air India

Indigo Flights From Hindon Airport: The Civil Aviation Minister said that the launch of IndiGo’s operations from Hindon airport is a significant milestone in enhancing regional connectivity and would strengthen the Indian aviation infrastructure. 

ZEE NEWS
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