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The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around 40 basis points (bps), or 0.4% of the transaction value. According to an Economic Times report, is
India’s food delivery market is nowhere close to China in size, but Zomato and Swiggy are already reaching food delivery economics that are comparable with Meituan, the Chinese giant that operates at a vastly larger scale. This is notable because China’s food delivery market is n
Bengaluru-based restaurant company Popo Global, which operates The Pizza Bakery, Paris Panini and Smash Guys, has raised Rs 532 crore ($56 million) from investment firm Artal Asia. The company plans to deploy the fresh capital towards expanding its restaurant footprint across Ind
Flipkart’s quick commerce platform Flipkart Minutes has completed two years of operations, growing 4X year-on-year and expanding to nearly 1,200 micro fulfillment centres across more than 150 cities. Launched in August 2024, the platform said around 60% of its customers return to
AI - SECURITY Watch out: Apple timepiece can grab snippets of conversation without both speakers' consentWar is peace. Freedom is slavery. Privacy is surveillance - SYSTEMS
Search fieldHome page Seeking Alpha - Power to InvestorsAbout PremiumCreate free accountSearch for Symbols, analysts, keywordsLog in Earnings Call Insights LightPath signals fiscal 2027 CapEx higher than $6.3M while scaling against $110.9M backlog Sep 10, 2026, 10:27 PM ETLigh
The Scoop Activist investor Oasis Capital Management has nominated a slate of directors at Vail Resorts and is preparing to launch a proxy fight, according to people familiar with the matter. Neither the names of the nominees nor how many seats Oasis sought could be learned, but
In the Nifty500 pack, six stocks' closing prices crossed above their 200-day moving averages (DMA) on September 10, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a st
Listen to this article in summarized format Iran-aligned Houthis took control of Yemen's port of Mocha on Thursday, creating another threat to shipping through the Red Sea. Traffic through the Strait of Hormuz also remains restricted, with tanker attacks in the region intensifyin
Apple's first folding phone is getting a tepid response Chinese consumers that are focused more on how much it costs versus existing foldables from domestic rivals. "I won't buy it this year. I'll buy the second-generation foldable next year," one user on social media platform We
FUNDAMENTALS Spot gold held nearly steady at $4,318.88 per ounce, as of 0020 GMT, after hitting its lowest level since September 2 earlier. Prices fell nearly 2% on Thursday after U.S. producer prices increased as expected in August. U.S. gold futures for December delivery were d
Stocks to buy: Indian equities staged a sharp recovery in the final hour of Thursday’s session on September 10, as buying in select financial heavyweights helped the benchmark indices break their three-session losing streak. The Nifty 50 ended 0.20% higher at 23,477, while the S&
After ending lower for three consecutive sessions, the Nifty 50 managed to bounce back on Thursday, gaining support from buying interest during the closing auction session (CAS). The index closed 46.30 points higher at 23,477.80. However, the recovery lacked strength for most of
The U.S. dollar index, which measures the greenback's strength against a basket of six currencies, was trading at 99.081, holding steady after gaining 0.3% on Thursday to reach its highest level since September 7. The rise followed the release of data showing U.S. producer prices
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Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th
Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th
White House National Economic Council Director Kevin Hassett held between $1 million and $5 million worth of shares in crypto giant Coinbase at the end of 2025, as President Donald Trump's administration rapidly rewrote federal cryptocurrency policy. Hassett's previously unreport
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Chinese chipmaker Enflame, which is developing domestic alternatives to U.S. rivals like Nvidia, has seen its stock soar 206% after debuting in Shanghai. The company saw huge demand, with its initial retail offering drawing orders for over 6,000 times the shares available before
Stock Market prediction for Friday, 11 September 2026: The Indian stock market is likely to open gap-down as Gift Nifty indicated a weak start. Asian stocks and bonds declined after a surge in oil prices triggered a selloff on Wall Street, while fresh inflation data strengthened
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U.S. President Donald Trump said he has no regrets about starting the Iran war and added that "If I had it to do again, I would do exactly what I did." Speaking to Fox News presenter Laura Ingraham on Thursday stateside, Trump said that he would have attacked Iran despite the imp
Business News›Markets›Stocks›Live Blog›Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade lower LIVE BLOG Sensex Today | Stock Market LIVE Updates: A decisive break below this level could pull the index towards 23,000 an
At a time when some Silicon Valley giants and national security experts are calling for action against Chinese companies engaged in model distillation, Garry Tan, chief executive of famed startup accelerator Y Combinator, is less concerned. "I would do nothing" about distillation
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Brent crude futures rose $1.05, or 1%, to $108.68 a barrel by 0045 GMT. U.S. West Texas Intermediate crude rose 95 cents, also 1%, to $103.45 a barrel. Both benchmarks rose over 6% on Thursday. On a weekly basis, the benchmarks were trading nearly 13% higher - the steepest gain s
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"A large bank" will be sanctioned by the U.S. next week, U.S. Treasury Secretary Scott Bessent said Thursday. "We're going to do it on Monday because we want to honor the memory of our fallen citizens on 9/11. But watch this space on Monday," Bessent said during an appearance on
The MSCI Asia Pacific Index fell 1.3%, led by losses in Japan and South Korea, after the S&P 500 Index slipped 0.5%. Brent crude rose 0.7% after climbing to almost $110 a barrel in US trading, pushing Treasury yields to multiyear highs. Bonds came under further pressure after the
Anthropic said it detected and disrupted unauthorized large-scale efforts by China-based AI labs including Alibaba, Moonshot and DeepSeek to train their models using Claude. The U.S. AI company said in a threat intelligence report released Thursday that the firms were involved in
NSE IPO price band: The National Stock Exchange of India Limited (NSE) IPO price band has been fixed in the range of ₹1,700 to ₹1,785 per equity share of the face value of Re 1. The NSE IPO date of subscription is scheduled for Thursday, 17 September and will close on Monday, 21
Speaking on the sidelines of the Global Fintech Fest (GFF), Pandey said several global jurisdictions, including the US, Japan and Hong Kong, had experienced lower liquidity when CAS was first introduced, with liquidity improving over time. "CAS is here to stay...the only question