Can mortgage rates survive hawkish Fed talk during inflation week?

Meta has a message for the public: Don’t forget about TikTok and YouTube. After Meta’s surprise settlement of up to $18 billion in a teen addiction lawsuit on Wednesday, the company is going on the offensive to shape the narrative with a series of ads on social media and in print newspapers. The advertisements, which…

The finance ministry on Wednesday asserted that policy decisions are made independently, with the goal of building a self-sustaining, inclusive, and affordable digital payments ecosystem, even as there was a clamour for a rollback of the decision to impose a merchant discount rate (MDR) of 0.4 per cent on transactions worth over ₹2,000 made via…

In its response to the Home Buying and Selling Consultation, the government set out important steps to make property transactions quicker, more certain and more transparent. It should be commended. More thorough upfront information and better data interoperability across the whole chain can increase transaction readiness. That means buyers should have the information they…

Finance Minister Nirmala Sitharaman has said the proposed Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) transactions will not be passed on to customers, adding that merchants already absorb similar charges on card payments.   Speaking to Press Trust of India (PTI), Sitharaman said the 0.4 per cent MDR applicable to specified UPI…