NPCI CEO Dilip Asbe said UPI transaction volumes and values are expected to remain unaffected, while around 10% of merchants could pass MDR costs to consumers.

Riddhima Bhatnagar is a Senior Correspondent with NDTV Profit. She tracks FMCG, retail,consumption, markets,mutual funds,cement and real estate sectors. With nearly eight years in the industry...

NPCI CEO Dilip Asbe said UPI transaction volumes and values are expected to remain unaffected, while around 10% of merchants could pass MDR costs to consumers.

The association has warned that if the issue is not resolved, dealers could collectively discontinue UPI payment facilities across petrol pumps in Mumbai from October 15.

According to the FSSAI notice, the authority examined promotional material for the products and flagged claims including "5 HMOs" and "Whey Protein".

From February 1, cigarette and other tobacco products moved to a 40% GST rate, alongside a new additional excise-duty structure.

Residents say they were told BMC would conduct an inspection on Aug. 24, but demolition of disputed foyer structures followed; Bombay High Court has since ordered a status quo on further demolition.

ESDS Software targets large global customers as it shifts focus to AI factories and private GPU clusters; Rs 576 crore investment expected to generate similar annual revenue.

The company said it had recently been served with a copy of the suit instituted against certain parties in relation to matters concerning the project and was examining its contents while obtaining appropriate legal advice.

AICPDF has urged the Health Ministry and FSSAI to introduce a uniform system for tracking, collecting and safely destroying damaged and expired food products.

Proposed wholesale price increase could push A-category cement to Rs 315 per 50-kg and B-category cement to Rs 275 per 50 kg.

The appointment strengthens Parle Biscuits' leadership team as the company looks to build on its strong foundation and chart its next phase of growth.
Tamil Nadu, Karnataka and Kerala see cement price increases, while analysts estimate further hikes may be needed to offset higher input costs.

FSSAI found hygiene, documentation and operational lapses at Marche Retail in Delhi, while lab tests flagged non-compliance in ghee products made by SDP Industries.

After rat, pest and expired-food incidents, AICPDF urges FSSAI to tighten oversight of quick-commerce dark stores

The price revisions come as smartphone brands revise retail prices across models and configurations, raising the cost of several devices for consumers.

India is set to import a record 620,000 tons of soyoil in August as Russia-Ukraine hostilities disrupt sunflower oil shipments from the Black Sea.

SEBI is reviewing trader feedback, expiry-date data and other concerns around the new closing auction mechanism before deciding if any changes are needed.

Their demands include better visibility into commission structures, an end to forced discounts and deep promotional campaigns, timely and transparent payment settlements, and an end to unilateral deductions from restaurant payouts.

Responding to the action, AWL Agri Business said it has not yet received a certified copy of the order.

However, restaurant associations have retained the Aug. 15 deadline for Swiggy, indicating that discussions with the platform have not yet reached a similar stage.

Godrej Consumer Products has increased prices of select Good Knight mosquito repellents, HIT insecticides and Cinthol soaps in July as higher palm oil derivatives, chemicals and packaging costs continue to weigh on margin.