MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…
Amazon has sealed a $30 million (Rs 280 crore) deal to buy carbon credits generated by rice farmers in India. The agreement is among the largest of its kind globally and the first at this scale in the country’s agriculture sector.According to sources cited by ET, the credits will come from the Good Rice Alliance,…
Tech Mahindra closed FY26 with higher earnings and revenue, as the IT services firm reported a net profit of Rs 4,810.9 crore for the year, marking a rise of 13.15% taking the total to Rs 15,076 crore. The company’s revenue increased 7.2% year-on-year to Rs 56,815.4 crore.Compared with the previous quarter, revenue was higher by…
MUMBAI: A study of respondents across Gujarat and Rajasthan said wider financial access has not fully translated into financial maturity or household resilience, pointing to gaps in retirement planning, understanding of compound interest, and preparedness for financial shocks in the two states surveyed. The report, Financial Maturity Index: A Survey of Two States, was released…
For Indian tech and medical professionals, researchers and even global achievers eyeing to work in the US, the path is becoming increasingly uncertain. New data shows that even the most elite immigration routes, once seen as relatively stable, are now facing sharply higher rejection rates, signalling a broader tightening of legal migration pathways.The US has…
MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa Health Insurance survey, 55% of policyholders in the age group who lapse do so within three years of purchase,…
While Trump has described the blockade as highly effective, the continued flow of shipments points to the resilience of Tehran’s oil trade. (AI image) US President Donald Trump has called the US naval blockade of the Strait of Hormuz a ‘tremendous success’ but its limitations are increasingly evident. Despite the US naval blockade, at least…
Living in Mumbai, Bengaluru, Pune or parts of the Delhi-NCR region? You might find it hard to grab a can of Diet Coke this summer. The Middle East war has already rattled oil supplies, economies across the globe and multiple sectors—now it’s hitting something far more familiar on everyday shelves: Diet Coke. The beverage is…
Manoj Kumar Jain told ET that gold and silver are expected to witness continued price swings during the week, influenced by changes in the dollar index, trends in crude oil, and ongoing uncertainty surrounding a potential US-Iran peace agreement. He highlighted that gold has a support zone between $4,681 and $4,640 per troy ounce, while…
Gold is expected to remain volatile with a broad trading range of $4,300–$5,000 range in the short term. (AI image) Gold price prediction today: Both gold and silver prices are expected to continue seeing volatility in the near term, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold and…
