Traders' bodies urge NPCI to defer new MDR framework beyond Oct 15

IANS | October 8, 2026 12:35 PM

New Delhi, Oct 8 (IANS) Traders’ bodies have requested the National Payments Corporation of India (NPCI) to defer the rollout of recently announced merchant discount rates (MDR) on Unified Payments Interface (UPI) transactions scheduled for October 15, according to a report.

IMC 2026: Industry leaders highlight India's telecom growth, talent

IANS | October 8, 2026 12:05 PM

New Delhi, Oct 8 (IANS) Telecom industry leaders on Thursday highlighted India's growing role in the global digital and telecommunications ecosystem at the 10th edition of the India Mobile Congress (IMC) 2026 here as the four-day event brought together companies, startups and policymakers.

Indian equity markets open flat; financial shares drag

IANS | October 8, 2026 9:32 AM

New Delhi, Oct 8 (IANS) Domestic equity benchmarks opened largely flat on Thursday with Nifty opening around 22,600 mark as gains in IT and pharma stocks were offset by weakness across financial, FMCG and auto stocks.

RBI rate hike to impact cost of doing business, especially for MSMEs: Industry leader

IANS | October 7, 2026 10:00 PM

Mumbai, Oct 7 (IANS) President of the IMC Chamber of Commerce and Industry, Prof. Mahendra Kumar Chouhan, said on Wednesday said that the Reserve Bank of India’s 25-basis-point repo rate hike to 5.5 per cent is likely to raise the cost of doing business, particularly for SMEs and MSMEs, and urged the central bank to adopt a measured stance amid other underlying strengths in the economy.

USA’s Montana state eyes tie-ups with India in quantum technology, photonics

IANS | October 7, 2026 9:37 PM

New Delhi, Oct 7 (IANS) Montana (US) Governor, Greg Gianforte, who is here with a delegation of more than 30 professionals from higher education and advanced technology, said on Wednesday that he has held some "very, very productive meetings" on quantum technology and photonics as well as aerospace and defence technology.