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Apple Pay begins its journey in India with Axis Bank, supporting credit cards issued on the Mastercard and Visa networks. (Official image)
Posted in Business

The pieces came together: Jennifer Bailey on why Apple Pay lands in India now

The journey took a decade, but Apple’s digital wallet contactless payments service, Apple Pay, is finally launching in India. As an extension of the Wallet…

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EDT: Kitchen appliance startup EDT raises $2.4 million in funding led by Sauce VC
Posted in Startups

EDT: Kitchen appliance startup EDT raises $2.4 million in funding led by Sauce VC

Mumbai-based kitchen appliance brand EDT has raised $2.4 million in a round led by existing investor Sauce, as the company builds inventory ahead of the…

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Finance ministry data shows that the average UPI transaction has gotten smaller with payments below  ₹500 dominating transactions.
Posted in Business

Your Money: How small UPI spends can wreck your budget

Eighty six percent of UPI, person to merchant (P2M), transactions are below ₹500. Over the last decade, slowly but surely, our expenses have gotten invisible….

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Posted in Economy

Foodgrain output target cut over El Nino impact

New Delhi: New Delhi: India has cut foodgrain production target to 373.93 million tonnes for the 2026-27 crop year from an estimated output of 376.56…

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Posted in Economy

India a ‘bright spot’ amid uncertainty: Shaktikanta Das

New Delhi: India remains a “bright spot” in an uncertain global economy, with high-frequency indicators pointing to broad-based economic momentum, a top government official said….

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Services Output Grows 13.5%, 17 of 19 Sectors Expand
Posted in Economy

Services output grows 13.5%, 17 of 19 sectors expand

New Delhi: India’s services sector recorded broad-based growth in July with 17 of the 19 tracked sectors expanding and 10 registering double-digit gains, official data…

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OpenAI CEO Sam Altman launches Dots AI agent for enterprise users (Getty Images via AFP)
Posted in Business

OpenAI Dots AI agent: How Sam Altman’s new AI tool takes on Meta Muse in the enterprise market

OpenAI CEO Sam Altman introduced Dots during the company’s OpenAI DevDay on Tuesday. Dots is designed to handle tasks for users over long periods instead…

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Posted in Economy

SBI seeks clarity on handling of bank accounts, deposits under FCRA bill

New Delhi: The State Bank of India (SBI) has sought clarity on the handling of bank accounts and deposits when an organisation’s registration is suspended…

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Bhavya industrial parks application deadline extended
Posted in Economy

Bhavya industrial parks application deadline extended

New Delhi: The commerce and industry ministry has extended by one month, to October 31, the deadline for applications under the second round of phase-I…

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MSME data to power National Business Register
Posted in Economy

MSME data to power National Business Register

New Delhi: The ministry of micro, small and medium enterprises (MSME) and the statistics ministry signed a memorandum of understanding (MoU) on Tuesday to share…

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