RBI’s status quo on repo rate to boost festive housing demand, homebuyer confidence: Industry experts

The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during the festive season, according to real estate industry experts. The central bank also retained its neutral policy stance, citing uncertainties around inflation, monsoon trends, El Niño, geopolitics and global trade policies.

UPI MDR explained: What potential charges above Rs 2,000 on Paytm, GPay & other payment apps mean for you and merchants

UPI MDR: Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions. Large merchants and transactions over Rs 2,000 may face new charges. This aims to support payment infrastructure investment and cybersecurity. Most everyday UPI payments are expected to remain free of charges.

Kazakhstan releases first wild tiger in 70 years after extinction

Kazakhstan has released adult Amur tigers into the wild after a 70-year absence. This reintroduction follows extensive habitat preparation and prey population restoration efforts. Scientists confirmed the genetic similarity between extinct Turanian and current Amur tiger populations. The country has implemented a comprehensive conflict-prevention system for human-tiger coexistence. This significant conservation initiative aims to re-establish…