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Bharti Airtel reported a 43% year-on-year rise in consolidated net

Jane Street under scrutiny Tax authorities are conducting an investigation

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Bharti Airtel reported a 43% year-on-year rise in consolidated net profit to Rs 5,947.9 crore for the April–June 2025 quarter, up from Rs 4,160 crore a year earlier, driven by

US President Donald Trump and European Commission President Ursula von der Leyen (Photo: AP) In a major step towards easing trade tensions, the European Union announced on Tuesday that it

The Road Transport and Highways Ministry has accelerated pending road projects, with the goal of finalising 50% by the end of March through expedited clearances, swifter land procurement, and timely

Jane Street under scrutiny Tax authorities are conducting an investigation into Jane Street’s potential tax treaty violations, specifically examining if the firm routed profits through Singapore entities for its Indian

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Robert Bosch Gmbh is set have a bigger presence in India as it eyes acquiring control of Johnson Controls-Hitachi Air Conditioning India (JCHAI).According to a stock exchange filing on Monday,

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JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

No plan for GST on 2,000+ UPI payments: Govt

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No plan for GST on 2,000+ UPI payments: Govt

NEW DELHI: Govt on Friday clarified that it is not considering to levy GST on UPI transactions above Rs 2,000. Clarifying on reports, which said govt is considering levying GST on UPI transactions over Rs 2,000, the finance ministry said they are false, misleading, and without any basis.
GST is levied on charges, such as Merchant Discount Rate (MDR), relating to payments made using certain instruments. Effective Jan 2020, the CBDT has removed MDR on person-to-merchant UPI transactions. “Since currently no MDR is charged on UPI transactions, there is consequently no GST applicable to these transactions,” the ministry said. UPI transaction values have seen an exponential increase, from Rs 21.3 lakh crore in 2019-20 to Rs 260.6 lakh crore by March 2025.agencies





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