Business News: Economy & Markets

UPI needs sustainable revenue model, MDR on high-value transactions a good move: Former RBI official

IANS | August 20, 2026 7:38 PM

Mumbai, Aug 20 (IANS) UPI needs a sustainable revenue model to support continued investments in technology, cybersecurity and infrastructure, while the RBI's forward guidance on interest rates reflects concerns over inflation, G. Padmanabhan, former Executive Director of the Reserve Bank of India and former Chairman of Bank of India, said on Thursday.

Over 24.3 lakh houses approved for Bihar with Rs 29,164 crore in last 2 years: Shivraj Singh Chouhan

IANS | August 20, 2026 6:07 PM

Patna, Aug 20 (IANS) Union Minister for Agriculture and Rural Development Shivraj Singh Chouhan on Thursday announced the approval of 11,18,937 pucca houses for poor families in Bihar with an allocation of Rs 13,427 crore at the Pradhan Mantri Awas Yojana programme held in the state capital.

Can NSE trade its shares on its own platform?

IANS | August 20, 2026 5:25 PM

New Delhi, Aug 20 (IANS) Can the National Stock Exchange (NSE) allow trading in its own shares on its platform? The question has gained prominence after a report suggests that NSE is exploring the 'Permitted to Trade' (PTT) route to allow its shares to be traded on NSE while remaining formally listed on the BSE.

Gujarat discusses road map to take MSMEs, artisans to global markets with multinational retail corporation

IANS | August 20, 2026 5:14 PM

Washington, Aug 20 (IANS) Gujarat Chief Minister Bhupendra Patel and an American multinational omnichannel retail corporation's executive vice-president have discussed a road map to expand global market opportunities for the state’s Micro, Small and Medium Enterprises (MSMEs) and small artisans, with a proposal to outline the plan at the Vibrant Gujarat Global Summit 2027.

India and Singapore take partnership forward during Ministerial Roundtable

IANS | August 20, 2026 5:12 PM

Singapore, Aug 20 (IANS) External Affairs Minister (EAM) S Jaishankar on Thursday said that India and Singapore concluded a "very productive" Ministerial Roundtable meeting in Singapore.

China's Baidu revenue falls for fifth straight quarter in Q2

IANS | August 20, 2026 5:04 PM

New Delhi, Aug 20 (IANS) Chinese technology company Baidu reported a fifth consecutive quarterly decline in revenue as weakness in its online marketing business continued to weigh on performance despite strong growth in artificial intelligence-related operations, according to a report.

Govt opens national Mission Karmayogi conference to strengthen capacity building

IANS | August 20, 2026 4:43 PM

New Delhi, Aug 20 (IANS) The Union Ministry of Health and Family Welfare (MoHFW) on Thursday commenced a two‑day National Conference on Mission Karmayogi for Mission Karmayogi Development Officers (MDOs) to strengthen institutional capacity‑building mechanisms and their effectiveness across the health sector.

Don't cross upper limit of 9 SIMs per customer, govt tells telcos

IANS | August 20, 2026 4:27 PM

New Delhi, Aug 20 (IANS) The Department of Telecommunications (DoT) has directed the telecom companies to strictly enforce the rule of not issuing a new mobile phone connection to any subscriber already having nine SIMs, an official statement said on Thursday.

Mutual Fund NAV glitch on HDFC Securities' 'InvestRight' shows losses up to 70 pc; firm responds (Lead)

IANS | August 20, 2026 4:20 PM

New Delhi, Aug 20 (IANS) HDFC Securities customers on Thursday reported discrepancies in NAVs displayed on the InvestRight platform, with portfolio value of investors showing a decrease of up to 70 per cent.

India’s passenger EV market surges 102 pc in Q2

IANS | August 20, 2026 3:39 PM

New Delhi, Aug 20 (IANS) India’s Electric Passenger Vehicle (EPV) market surged an impressive 102 per cent year-on-year (YoY) in Q2 2026, significantly outpacing the broader passenger vehicle market’s 26 per cent growth, a report said on Thursday.

business

UPI needs sustainable revenue model, MDR on high-value transactions a good move: Former RBI official

Over 24.3 lakh houses approved for Bihar with Rs 29,164 crore in last 2 years: Shivraj Singh Chouhan

Can NSE trade its shares on its own platform?

Gujarat discusses road map to take MSMEs, artisans to global markets with multinational retail corporation

India and Singapore take partnership forward during Ministerial Roundtable

China's Baidu revenue falls for fifth straight quarter in Q2

Govt opens national Mission Karmayogi conference to strengthen capacity building

Don't cross upper limit of 9 SIMs per customer, govt tells telcos

Mutual Fund NAV glitch on HDFC Securities' 'InvestRight' shows losses up to 70 pc; firm responds (Lead)

India’s passenger EV market surges 102 pc in Q2

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