01
Business
UPI became successful because it made digital payments simple, instant and effectively free for ordinary users and merchants. The proposed MDR on higher-value merchant transactions changes that equation. This article examines why comparing UPI with credit cards is misleading, how merchant charges can eventually reach consumers, why cash transactions may rise again, and whether introducing an "expenditure toll" makes sense when banks, RBI and NPCI remain highly profitable overall.
Sep 18, 202614 min read
02
Business
The bill’s core is simple yet devastating: any country trading with Russia will face a 500% U.S. tariff. If India imports oil from Russia, every Indian export to the U.S. will be hit with a 500% tax, effectively wiping out India’s exports. China, which imports oil, gas, uranium, and rare earth metals from Russia, will also be affected. When Europe stopped buying from Russia, India stepped in, importing crude oil, refining it, and selling it to Europe, easing their energy crisis. But India’s close ties with Russia are increasingly frustrating the U.S.
Sep 13, 20258 min read
04
Business
India has exported goods worth more than $100 billion in last quarter, that is 720,000 crores in Indian Rupees. In the last six months, India has exported goods worth so much as the economy of the whole of Pakistan. That means in one year India sells two Pakistans. This will increase in the coming days. India would sell 3-4 Pakistans in a year very soon.
Oct 7, 20213 min read
