‘No burden for consumers’: Sitharaman clarifies who will pay MDR on UPI transactions

Finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman has backed the recently announced Merchant Discount Rate (MDR), saying that the mechanism will be imposed on operators and will not be passed on to customers. Addressing ongoing speculations around the charges, FM blamed the opposition for creating confusion and urged people to remain alert.Speaking to…

Read More

Northeast US airports resume operations after telecom outage disrupts thousands of flights

The disruption was linked to two equipment failures. (Reuters photo) US airports across the Northeast began returning to normal on Monday after a telecommunications failure disrupted air traffic operations at several major airports, causing more than 1,000 flight delays and cancellations.US transportation secretary Sean Duffy said the communications lines had been repaired and operations were…

Read More

‘Dangerous for our Country’: Trump slams CNN, Politico, MS NOW over White House lawsuit

‘Third Rate Clowns’: Trump attacks CNN, Politico, MS NOW after White House access suit US President Donald Trump on Monday attacked CNN, MS NOW and Politico as “Fake News” outlets after the three news organisations sued his administration over their exclusion from the White House, accusing them of publishing negative and defamatory reports.The three organisations…

Read More

New Zealand trade pact to take effect on Oct 20, to give duty-free access

India-New Zealand trade deal to come into force on Dussehra (representative image) NEW DELHI: The India-New Zealand free trade agreement (FTA) will come into force on Oct 20 (Dusshera), providing duty-free access to 100% of India’s exports, commerce and industry minister Piyush Goyal announced Monday. And, talks with Canada for a comprehensive economic partnership agreement…

Read More