UPI has recorded significant transaction growth, processing 145 billion transactions in the first half of the financial year. The value of these transactions increased to Rs 177 lakh crore, reflecting a notable rise. A new merchant discount rate will be introduced on October 15, applying to high-value UPI transactions. Most everyday merchant transactions will remain free, with certain services facing a flat fee structure.

'Oil's' well in September: How India kept crude flowing amid the energy crisis
https://timesofindia.indiatimes.com/business/india-business/oils-well-in-september-how-india-kept-crude-flowing-amid-the-energy-crisis/articleshow/134652181.cms

September marked a significant high in India's crude oil imports, mainly spurred by boosted supplies from Gulf nations. The reintroduction of Iraqi and Kuwaiti crude has notably changed the dynamics of India's import sources, ensuring better supply availability. This surge assists Indian refiners in reducing their dependency on Russian oil amidst global pressure.

Goyal pitches India as global trade hub, eyes 75-80% of world economy
https://timesofindia.indiatimes.com/business/india-business/goyal-pitches-india-as-global-trade-hub-eyes-75-80-of-world-economy/articleshow/134653607.cms

India is actively pursuing free trade agreements with 31 nations to boost its global trade ties. Commerce Minister Piyush Goyal underscored the possibility of achieving a $30 trillion economy by 2047. He pointed out significant opportunities for both American and Indian-American entrepreneurs to engage in this economic growth. In Chicago, Goyal held talks with U.S.

Rangpo-Gangtok rail link plan: Railways fast-tracks 34-km capital line
https://timesofindia.indiatimes.com/business/india-business/railways-fast-tracks-gangtok-link-as-sivok-rangpo-nears-completion/articleshow/134654426.cms

Today’s resilience no guarantee for tomorrow: RBI Guv flags emerging financial risks
https://timesofindia.indiatimes.com/business/india-business/todays-resilience-no-guarantee-for-tomorrow-rbi-guv-flags-emerging-financial-risks/articleshow/134655454.cms

During the Kautilya Economic Conclave, Reserve Bank governor Sanjay Malhotra emphasized the critical need for a resilient financial infrastructure. He pointed out the significance of monitoring new vulnerabilities to ensure the system can withstand diverse shocks. Malhotra acknowledged that systemic risks are now more global and interconnected, leading to unique challenges.

Nayara hikes petrol by Rs 5, diesel by Rs 3 amid pressure from rising oil prices
https://timesofindia.indiatimes.com/business/india-business/nayara-hikes-petrol-by-rs-5-diesel-by-rs-3-amid-pressure-from-rising-oil-prices/articleshow/134655720.cms

Nayara Energy has announced an increase in fuel prices, raising petrol rates by Rs 5 and diesel by Rs 3 per litre. This decision comes in response to climbing international crude oil costs. Notably, Nayara had previously reduced prices for the first time in two years as global tensions subsided.

Need cash but don’t want to sell stocks? Here’s a way, explained in 10 points
https://timesofindia.indiatimes.com/business/india-business/need-cash-but-dont-want-to-sell-stocks-heres-another-way-to-borrow-explained-in-10-points/articleshow/134654534.cms

Investors have the option to leverage their shares in a demat account for borrowing, providing them access to immediate cash flow. The borrowing capacity hinges on the type of securities held and the lender's guidelines. It's vital for borrowers to grasp the risks associated with fluctuating share prices and the consequences of defaults. Additionally, understanding tax implications and benefits remains crucial, alongside meticulously reviewing the loan's terms before commitment.

Tenant claims eviction protection with unregistered rent agreement; HC denies relief
https://timesofindia.indiatimes.com/business/india-business/tenant-claims-protection-from-eviction-under-unregistered-rent-agreement-signed-by-owners-brother-madras-high-court-denies-saying-he-failed-to-prove-tenancy-and-was-an-unlawful-occupant/articleshow/134655686.cms