EP MONEY

The Lok Sabha has passed an amendment to the Payment and Settlement Systems Act, 2007, giving the government the legal authority to allow banks and payment service providers to levy charges on UPI and other notified digital payment systems. The amendment itself does not introduce a fee, but it creates the legal framework for the […]

India’s fuel exports surged to their highest level in twelve months during July, driven by improved profit margins on diesel sales in international markets. According to Economic Times, refineries increased overseas shipments as the spread between crude oil purchase costs and diesel export revenues widened, making foreign sales significantly more attractive than domestic alternatives. The

Lutyens Delhi, home to India’s most powerful and wealthy residents, is caught in an unusual market split. Monthly rents for bungalows have climbed to ₹20 lakh, yet the property sales market has nearly dried up. This gap between booming rents and absent buyers tells a story about how India’s real estate preferences are shifting away

India’s Reserve Bank has decided to keep its main interest rate at 5.25 per cent, marking a pause in monetary policy adjustments as global tensions create uncertainty. Governor Sanjay Malhotra and the RBI’s Monetary Policy Committee made this decision at their regular meeting, choosing not to raise or lower borrowing costs for Indian banks and

The Reserve Bank of India, led by Governor Sanjay Malhotra, has reduced its inflation forecast for the financial year 2026-27 to 5 percent. This revision comes as global crude oil prices have fallen from earlier highs, reducing pressure on fuel and transportation costs across the economy. The RBI’s forecasting team bases monetary policy decisions on

India’s Rajya Sabha has passed a bill designed to tackle one of the most persistent problems facing small businesses: payment delays from large corporations. The Micro, Small and Medium Enterprises (MSME) bill sets a 45-day payment timeline for large companies buying goods or services from smaller suppliers. If payment doesn’t arrive within this period, the

The government will sell up to 6.5% of its stake in Life Insurance Corporation of India through an Offer for Sale starting Tuesday. The Centre will initially offer 2.5% of LIC shares to the public, with an additional 4% available if there is enough demand. The floor price has been set at 382 rupees per

India and the European Union have finalized a free trade agreement that includes a dedicated annexure addressing the EU’s new carbon tax system, according to the Economic Times. The separate clause focuses on the Carbon Border Adjustment Mechanism, known as CBAM, which the EU introduced to ensure imported goods face the same carbon costs as

IndiGo, India’s dominant airline with roughly 40 percent of all domestic flights, is reducing the number of aircraft in its fleet as global cost pressures mount. The airline that built its reputation on rapid expansion and low fares is now cutting capacity, a significant shift after two decades of growth. The reduction reflects challenges hitting

India exported $441.75 billion worth of merchandise in FY2025-26, with smartphones, petroleum products and pharmaceuticals accounting for a significant share of the country’s overseas trade. Yet, official export data also reveals a lesser-known side of India’s economy through thousands of niche products shipped across the world. Among the most surprising was human hair, which generated