Business

New UPI Charges Explained: What Changes for Merchants From October 15—and What Stays Free

New UPI Charges Explained: What Changes for Merchants From October 15—and What Stays Free

India’s new UPI MDR framework starts October 15, but it does not charge users for payments or person-to-person transfers. Here…
Federal Reserve Raises Rates Again as Inflation and Energy Risks Persist

Federal Reserve Raises Rates Again as Inflation and Energy Risks Persist

The Federal Reserve raised its benchmark rate for the first time since 2023 and signaled that another increase remains possible.
Canada Turns Toward Europe as Carney Pushes a New Strategic Alliance

Canada Turns Toward Europe as Carney Pushes a New Strategic Alliance

Mark Carney says Canada is deepening ties with Europe as tariffs and political pressure make reliance on a single market…
EU and Spain Join Luzon Economic Corridor as Philippines Courts Supply-Chain Investment

EU and Spain Join Luzon Economic Corridor as Philippines Courts Supply-Chain Investment

The European Union and Spain joined the Luzon Economic Corridor partnership at its inaugural investment forum, expanding a Philippines-US-Japan effort…
India’s August CPI and WPI Inflation: Why the Two Readings Differ

India’s August CPI and WPI Inflation: Why the Two Readings Differ

India’s August data showed retail inflation at 4.82% and wholesale inflation at 9.92%. Both figures matter, but they measure different…
India–MERCOSUR Talks Begin, but No New Trade Agreement Has Been Signed

India–MERCOSUR Talks Begin, but No New Trade Agreement Has Been Signed

India and MERCOSUR have announced talks to expand their preferential trade arrangement. The move begins a negotiation process; it does…
India’s New E-Commerce Rules Set January 2027 Deadline for Clearer Search, Pricing and Seller Disclosures

India’s New E-Commerce Rules Set January 2027 Deadline for Clearer Search, Pricing and Seller Disclosures

India’s amended e-commerce rules take effect in January 2027, adding clearer standards for search, discounts, sellers and dark patterns.
IMF Says Global Growth Has Held Near 3%, but Energy and Debt Risks Persist

IMF Says Global Growth Has Held Near 3%, but Energy and Debt Risks Persist

The IMF says the 2026 global growth outlook has firmed around 3%, but warns that an unresolved energy shock, high…
IEA Flags a Prolonged Oil Shock as Gulf Supply Disruption Persists

IEA Flags a Prolonged Oil Shock as Gulf Supply Disruption Persists

The IEA says the energy shock remains unresolved as Gulf output and shipping disruptions keep oil markets volatile, raising risks…
US sanctions Türkiye-based Golden Global Bank over alleged Iran oil-revenue network

US sanctions Türkiye-based Golden Global Bank over alleged Iran oil-revenue network

The US Treasury designated Golden Global Bank and two subsidiaries, alleging they enabled Iran-linked transactions; the action is an administrative…
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