SIM misuse can lead to 3 years in jail, Rs 50 lakh fine: DoT

The Department of Telecommunications (DoT) has warned against the misuse of SIM cards and telecom identifiers, saying violations under the Telecommunications Act, 2023 can attract imprisonment of up to three years and a fine of up to Rs 50 lakh.

Nifty’s 23,000-23,100 zone critical support, Sensex may face resistance at 74,600: Analysts

Indian equity benchmarks ended the truncated trading week on a subdued note, with investors closely watching key technical levels amid concerns over elevated crude oil prices and rising global bond yields.  

Market experts believe the…

Govt rejects claims that UPI MDR was introduced under external pressure

The government on Thursday rejected allegations that the introduction of Merchant Discount Rate (MDR) on select UPI transactions was driven by external pressure, calling the claim “patently false and misleading”.

The Finance Ministry’s…

UPI MDR Could Create Revenue Pool of Up to Rs 20,000 Crore for Banks, Payment Firms

The introduction of a Merchant Discount Rate (MDR) on select UPI transactions could generate an annual revenue pool of up to Rs 20,000 crore for banks and digital payment companies, according to estimates from several major global brokerages.

Sensex Plunges 778 Points, Nifty Sheds 280 as Oil Prices Trigger Broad Market Sell-Off

Indian benchmark equity indices ended sharply lower on Tuesday, with selling pressure intensifying towards the close as rising oil prices weighed on investor sentiment and triggered a broad-based risk-off move.

The Sensex fell 777.94 points,…

India’s Wholesale Inflation Rises to 9.92% in August as Fuel and Power Prices Surge

India’s wholesale price index (WPI)-based inflation rose marginally to 9.92 per cent in August from 9.78 per cent in July, according to data released by the Commerce Ministry on Monday.

The rise was largely driven by a sharp increase…

Indian Railways Freight Loading Rises 5.4% in August as Passenger Traffic Also Grows

Indian Railways recorded a 5.4 per cent year-on-year increase in freight loading in August 2026, while passenger traffic also registered healthy growth, pointing to sustained demand for rail transportation across both the freight and passenger segments,…

SBI Research sees case for two RBI rate hikes as oil prices threaten inflation

The Reserve Bank of India (RBI) may need to raise its policy rate by 25 basis points each in October and December as elevated global crude prices and emerging signs of broader inflationary pressure increase the risks to the domestic price outlook,…

Six Emerging Sectors Set to Power India’s Next Industrial Growth Wave: Jefferies

India’s push to become a developed economy by 2047 could be powered by a new generation of industries, with global investment bank Jefferies identifying six high-growth sectors that it believes could form the backbone of the country’s…

Cabinet Approves Three Railway Multi-Tracking Projects Worth Rs 10,783 Crore Across Five States

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved three major railway multi-tracking projects with a combined investment of Rs 10,783 crore, aimed at easing congestion, improving connectivity…