Hydro generation falls short, strains power supply during non-solar hours in Sept

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UPI transactions rise 27% to 145 billion in H1 FY27 ahead of new MDR

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.

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G7’s 100-million-barrel diesel fix: What happens after the emergency release

The G7 announced an urgent release of 100 million barrels of oil and fuel products to counteract the ongoing diesel shortages, starting now and extending over the upcoming four months. Yet, experts warn that this withdrawal from emergency reserves could jeopardize future preparedness. Additionally, with supply routes still facing disruptions from geopolitical issues, the overall impact on fuel pricing and market dynamics remains ambiguous.

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Sea of red for most asset classes

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New Chiefs Cleared: RBI okays Bagchi, Saha as CEOs of HDFC Bank, Kotak; ends succession uncertainty

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Tax raid finds Rs 4.34 lakh forex; man wins ITAT case with sister-in-law’s help

During the operation, officials discovered Rs 1.12 crore in Indian currency and foreign currency worth Rs 4.34 lakh. The man was subsequently taken in for questioning by the tax authorities. Despite the investigation team's acceptance of the explanation, the AO treated both the Indian cash and foreign currency recovered during the search as unexplained money under Section 69A.

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Wife gets late husband’s job, leaves in-laws; HC orders 25% salary in mother-in-law’s account

In this case, a widow secured a government job under this provision but later allegedly left her late husband's parents on their own. The Rajasthan High Court explained that a compassionate appointment is intended to provide monetary support to a family struggling to cope with the sudden death of its sole earning member.

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