Headlines

‘Productive discussion’: EAM Jaishankar, Canada FM Anand discuss taking bilateral ties ‘to a higher level’

Canadian Minister of Foreign Affairs, Anita Anand with Jaishankar NEW DELHI: India and Canada are preparing to take their bilateral relationship “to a higher level”, external affairs minister S Jaishankar said after meeting his Canadian counterpart Anita Anand on the sidelines of the United Nations General Assembly in New York.Jaishankar described the discussion as “productive”…

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India’s barrier-free tolling explained: No more stopping as FASTag & number plate recognition will help collect toll automatically

This allows toll to be charged without vehicles stopping, slowing down or remaining in a designated lane. (Image for representative purpose) A few years ago, India introduced FASTag to make toll collection across its highways and expressways digital and cashless. Now, it is looking to make the process barrier-free or toll plaza free. Imagine zipping…

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Bank closure this week: When and where will banks stay shut from September 28 to October 4

Bank customers planning to visit branches this week may need to reschedule their plans as several bank closures are lined up between September 28 and October 4. Lenders across the country will observe a three-day nationwide strike as well as a major national holiday during the week, potentially disrupting over-the-counter banking services in several states.Bank…

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New mobile recharge rules: 30-day plans, call-only options and more; TRAI rules explained

New mobile recharge rules Prepaid mobile users will have more recharge options under a new consumer protection framework notified by the Telecom Regulatory Authority of India (TRAI), with the changes covering both plan validity and voice-and-SMS-only services.The new rules provide for greater availability of voice-and-SMS-only Special Tariff Vouchers (STVs), including plans valid for 30 days…

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India’s consumer durables market set to hit Rs 3.25 lakh crore by 2030: Report

The report said India is expected to remain one of the world’s fastest-growing consumer durables markets. India’s consumer durables market is expected to grow to Rs 3-3.25 lakh crore by 2030, creating an additional Rs 40,000-50,000 crore opportunity for domestic value addition in materials and component manufacturing, according to a joint report by Boston Consulting…

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No Upi Day: ‘UPI must remain zero MDR’: Mobile retailers announce October 2 protest

Mobile retailers warn of higher costs, call October 2 protest (representative image) Mobile phone retailers across India plan to observe October 2 as a “No UPI Day”, protesting the proposed 0.4% Merchant Discount Rate (MDR) on specified UPI merchant transactions above Rs 2,000.The protest has been called by the All India Mobile Retailers Association (AIMRA),…

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Mark mood check: Crude, US-Iran talks and economic data to drive Dalal Street this week

Crude, US-Iran talks and key data in focus this week Dalal Street is likely to begin the holiday-shortened week with investors tracking a mix of geopolitical developments, oil prices and global financial conditions. According to analysts, developments in US-Iran diplomacy and movements in crude oil will be among the key factors determining market sentiment.The market…

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Festive shopping to get costlier: ACs, TVs and other electrical appliances set for 8% price hike

Festive shopping to get costlier The festive cheer may come with a slightly heavier price tag this year.As shopping lists grow ahead of the peak season, air-conditioners, LED TVs, washing machines and other consumer appliances are set for another round of price hikes.Leading manufacturers are raising prices by 5-8% from October 1, citing higher costs…

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Banks open today: Are banks open or closed on Sunday, September 27, ahead of a 3-day strike

All public sector banks and regional rural banks will remain operational on Sunday. NEW DELHI: Banks are open and functioning normally across the country on Sunday, September 27, as the government takes steps to ensure “uninterrupted banking services” ahead of the proposed three-day nationwide strike from September 28 to 30.All public sector banks and regional…

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