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MDR to help fintechs recover costs, boost their IPO hopes
MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly…
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MDR to help fintechs recover costs, boost their IPO hopes
MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly…
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‘It was a rebirth for all of us’: Passengers recall chaos after Air India flight hits turbulence | Delhi News
The aircraft briefly lost altitude, causing injuries to 15 passengers and crew members NEW DELHI: An Air India flight from Phuket to Delhi encountered severe turbulence on Tuesday morning, briefly losing around 300 feet in altitude and leaving at least 17 people injured, including four cabin crew members.Flight AI2379, operated by an Airbus A320 aircraft,…
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Kia Sorento Hybrid teased! Upcoming Toyota Fortuner rival
Kia India has teased the all-new Sorento Hybrid ahead of its India debut, confirming that it will become the brand’s first hybrid SUV for the domestic market. Alongside the teaser, the company has also opened official pre-bookings for the three-row SUV. Once launched, the Sorento will sit at the top of Kia India’s ICE SUV…
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2026 Toyota Hilux launched at Rs 31.99 lakh: New features, 4×2 trim & more
Toyota Kirloskar Motor today finally launched the next-generation Toyota Hilux pick-up truck in the Indian market. The pickup continues to use the IMV ladder-frame platform and is offered only in the Double Cab body style. The 2026 Toyota Hilux is offered in three variants – the entry-level GX 4×2 AT is priced at Rs 31.99…
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MDR to help fintechs recover costs, boost their IPO hopes
MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly…
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‘It was a rebirth for all of us’: Passengers recall chaos after Air India flight hits turbulence | Delhi News
The aircraft briefly lost altitude, causing injuries to 15 passengers and crew members NEW DELHI: An Air India flight from Phuket to Delhi encountered severe turbulence on Tuesday morning, briefly losing around 300 feet in altitude and leaving at least 17 people injured, including four cabin crew members.Flight AI2379, operated by an Airbus A320 aircraft,…
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Quote of the day by Chandrika Kumaratunga: ‘Power is a joke, but it gives me the authority to do what I think I need to do for the country’
Quote of the day by former Sri Lankan president Chandrika Kumaratunga. When Chandrika Bandaranaike Kumaratunga sat down with Australian journalist Michael Maher in July 2005 for an interview on the ABC program Foreign Correspondent, her presidency was drawing to a close. Asked about the allure of supreme political office, Sri Lanka’s first female president brushed…
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‘Contamination’ in fuel, says SIAM, later retracts | India News
NEW DELHI: Auto industry body SIAM flagged concerns over “high chloride” presence and moisture content in fuel resulting in a “huge increase” in issues related to vehicle parts and replacements, including fuel pumps, fuel injectors and EGR valve. It demanded stringent checks, arguing that contamination raises a wrong impression about E20 fuel in customers’ minds,…
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Brad Pitt seeks court order over Angelina Jolie’s movie contracts; claims actress failed to show income between 2017 and 2021 |
The court battle between Brad Pitt and Angelina Jolie is back in the news, this time, over alleged ‘undisclosed income’.Brad, in his latest move, has reportedly asked a court to compel his ex-wife, Jolie, to disclose details of her film contracts and earnings, claiming she has refused to provide financial records that are allegedly ‘relevant’…
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Snake bites MP woman 5 times in 2 minutes; 35 injections save her life | Bhopal News
Doctors said crucial time was lost after the family first took her to a faith healer instead of a hospital. BHOPAL: A 24-hour battle and 35 life-saving injections saved a woman in Madhya Pradesh’s Narmadapuram district after she was bitten five times by a snake within two minutes.Doctors said crucial time was lost after the…
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MDR to help fintechs recover costs, boost their IPO hopes
MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly…
-
‘It was a rebirth for all of us’: Passengers recall chaos after Air India flight hits turbulence | Delhi News
The aircraft briefly lost altitude, causing injuries to 15 passengers and crew members NEW DELHI: An Air India flight from Phuket to Delhi encountered severe turbulence on Tuesday morning, briefly losing around 300 feet in altitude and leaving at least 17 people injured, including four cabin crew members.Flight AI2379, operated by an Airbus A320 aircraft,…
-
Quote of the day by Chandrika Kumaratunga: ‘Power is a joke, but it gives me the authority to do what I think I need to do for the country’
Quote of the day by former Sri Lankan president Chandrika Kumaratunga. When Chandrika Bandaranaike Kumaratunga sat down with Australian journalist Michael Maher in July 2005 for an interview on the ABC program Foreign Correspondent, her presidency was drawing to a close. Asked about the allure of supreme political office, Sri Lanka’s first female president brushed…
-
‘Contamination’ in fuel, says SIAM, later retracts | India News
NEW DELHI: Auto industry body SIAM flagged concerns over “high chloride” presence and moisture content in fuel resulting in a “huge increase” in issues related to vehicle parts and replacements, including fuel pumps, fuel injectors and EGR valve. It demanded stringent checks, arguing that contamination raises a wrong impression about E20 fuel in customers’ minds,…
-
Brad Pitt seeks court order over Angelina Jolie’s movie contracts; claims actress failed to show income between 2017 and 2021 |
The court battle between Brad Pitt and Angelina Jolie is back in the news, this time, over alleged ‘undisclosed income’.Brad, in his latest move, has reportedly asked a court to compel his ex-wife, Jolie, to disclose details of her film contracts and earnings, claiming she has refused to provide financial records that are allegedly ‘relevant’…
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