Category: Business News & Economy

Punjab passes bill to bring 26k outsourced workers on contract

India’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and other hardware-based infrastructure stagnate or decline. UPI QR codes rose 16.9% year-on-year to 792.6 million in June.

Daniel Cormier says Khabib Nurmagomedov could not make peace with Conor McGregor as Cormier did with Jon Jones because the feud involved family, faith and loyalty. Ian Machado Garry also defended Khabib’s career, saying his 29-0 record and UFC title show his greatness. Both fighters’ comments offer different reasons to respect Khabib’s choices.

Navitas files patent infringement suit against Renesas

Radiant Logistics refinances $200m credit facility with lower rates

Finance Minister Nirmala Sitharaman said UPI transactions will remain free for consumers, with most low-value payments also staying free. Any future MDR would apply only to limited merchant transactions above a prescribed threshold, with its scope to be decided later.

The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking a more uniform fiscal framework and lower costs for miners following a 2024 Supreme Court ruling allowing additional state taxes.

LCNB closes $25 million subordinated debt offering

Palisade Bio plans phase 2 ulcerative colitis trial in 2H 2026

Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing bond-market volatility triggered by the West Asia crisis. Rising government bond yields have weighed sharply on banks’ treasury income.