Keralam traders plan to boycott UPI transactions on October 15, aiming to address ongoing payment issues. This significant move highlights concerns over digital payment systems in India. The forum's decision reflects growing frustrations among local businesses regarding transaction fees and service reliability. As UPI becomes a staple for commerce, this boycott could impact many consumers and merchants alike.
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Discover how to navigate consumer durable loans without falling for hidden fees. While these loans offer credit to new borrowers, be wary of processing charges and misleading 'no-cost' EMI offers. Understanding the fine print can save you money and ensure a smoother borrowing experience.
FSSAI has initiated legal action against Nestlé India over alleged violations in infant food regulations. The regulatory body is scrutinizing promotional claims for two of Nestlé's infant formula brands. Nestlé asserts full compliance with all applicable regulations, emphasizing its commitment to child nutrition and safety. This development raises concerns about food safety standards and marketing practices in the industry.
L&T anticipates significant growth in its modular infrastructure business following a successful project in Australia. The market opportunity for modular infrastructure is estimated at $100-150 billion, as highlighted by L&T's deputy managing director, Subramanian Sarma. This strategic focus positions L&T to capitalize on emerging trends in construction and infrastructure development.
Tier-2 cities in India are witnessing a housing price surge, growing nearly twice as fast as major markets. This growth is fueled by infrastructure development and increased commercial activity, positioning these emerging urban centers as key players in India's real estate expansion. As demand rises, Tier-2 and Tier-3 cities are set to significantly impact the country's property market.