What's breaking now, across thousands of outlets.
"Small merchants will now think twice about whether to accept cash or UPI," Kumar Rajagopalan, CEO of the Retailers Association of India, said.
We haven't written up this one. NDTV - India News has the full story — the link below goes straight to it.
Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 300.
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/CAD is steady near 1.39 as markets await the Federal Reserve (Fed) and the Bank of Canada’s (BoC) summary of deliberations.
The markets expect an interest rate hike of 0.25 percentage points to 3.75 to four percent. However, the decisive factors will be the new interest rate forecasts and the statements by Fed Chairman Kevin Warsh.
The startup uses blockchain software to streamline credit operations and boost returns for borrowers and lenders.
The Direxion Daily Semiconductor Bull ETF will incur massive downside if semiconductor stocks don't get their acts together.
