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The GST Council on Thursday approved a series of measures aimed at easing compliance and reducing litigation, including removing GST officers’ power to arrest taxpayers and setting a ₹10,000 threshold for issuing show-cause notices. No new rate revisions were announced during the meeting. The Council has removed the power to arrest under GST. It…
AMD (AMD -2.03%) has had an incredible 2026. After notable surges earlier this year and another spike that kicked off in early September, the stock is up by more than 180% year to date. However, 2026 is more than three-fourths over, and investors are starting to turn their gazes to 2027. I think history has…
Fintechs have become less of an “add-on” and more of a core engine in how traditional banks modernize, reshaping everything from payments to small business banking. That shift is reflected in UK lender Lloyds’ partnership with Stripe, aimed at upgrading its small business banking experience. Technology upgrades and artificial intelligence integrations have become top priorities…
The Unique Identification Authority of India (UIDAI) has revised the procedure for updating names in Aadhaar, bringing various corrections and changes under a clearer set of rules. The revised Standard Operating Procedure (SOP), uploaded by UIDAI on September 18, replaces the earlier name update process under the exception-handling mechanism. For Aadhaar holders, the distinction…
Indian stock market is likely to remain cautious on Monday, October 12, 2026, despite a strong recovery in the previous session, as investors track global risks, crude oil prices, foreign institutional investor (FII) flows and the rupee’s movement. The benchmark indices staged a sharp rebound, supported by buying in IT stocks following Tata Consultancy Services’…
My parents met in May 1986, when they were just 14 and 15 years old, and started dating in September that same year. Just a month later, my mom turned 15. She can’t remember exactly what their first date was. Maybe a movie, she says, or something simple, like hanging out with friends. But when…
Stablecoins have made their way into the credit card market with the launch of Coinbase’s new card, which allows users to pledge USDC stablecoins as collateral. Developed in collaboration with Cardless, the product targets crypto-native consumers who may not qualify for unsecured credit cards under standard credit checks. Users can allocate a portion of the…
Key Takeaways A Federal Reserve survey found that about 11% of buy now, pay later users had a BNPL payment trigger an overdraft or nonsufficient funds fee in the previous year. Even when a BNPL loan is interest free, an overdraft or nonsufficient funds fee from an overdrawn account can add cost to the loan….
Proposed merchant discount rate (MDR) framework for Unified Payments Interface (UPI) transactions needs to be rationalised before implementation to protect public trust in the digital payments system, according to a report. UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long-term economic benefits outweighing the…
SpaceX, Apollo, Nvidia, and Pimco did not immediately respond to requests for comment from Reuters. The US Federal Aviation Administration (FAA) said on Tuesday, it is proposing to streamline regulations for commercial space launches and re-entries. The proposals would allow electronic launch applications, offer greater flexibility in demonstrating equivalent levels of safety, and combine three…