Credit curbs: US banks flag risks to lending as Trump pushes 10% cap on card rates; consumers, small firms may take hit

[ad_1] US banks have flagged concerns over President Donald Trump’s call to sharply cut credit card interest rates, warning that such a move could restrict access to credit and hurt households and small businesses that rely heavily on cards, AFP reported.Trump said on Friday that from January 20, marking the first anniversary of his administration,…

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Indian Railways timetable 2026: 549 trains sped up, 122 new added; what TAG 2026 means for passengers

[ad_1] Indian Railways has rolled out a sweeping timetable overhaul under the Timetable of Trains (TAG) 2026, introducing 122 new trains and speeding up 549 services nationwide to reduce travel time, improve punctuality and enhance operational efficiency, according to official data released on Friday.Under TAG 2026, Indian Railways has not only added new services but…

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Service charge row: CCPA cracks down on 27 restaurants for mandatory levy; refunds, penalties ordered

[ad_1] The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants across the country for mandatorily levying service charges on customers, holding the practice to be a violation of consumer law.The restaurants have been fined up to Rs 50,000, directed to refund the service charge collected from…

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Oil Not Well: Why ExxonMobil and others think Venezuela’s current environment is ‘uninvestable’ | Business

[ad_1] President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the…

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Infra push: Andhra Pradesh Cabinet clears Dagadarthi greenfield airport in Nellore; to become state’s 8th airport

[ad_1] The Andhra Pradesh Cabinet has approved the Dagadarthi greenfield airport project in Nellore district, giving a major push to the state’s aviation and industrial infrastructure, PTI reported citing officials.With this approval, Dagadarthi will become Andhra Pradesh’s eighth airport, strengthening the state’s plans to build a multimodal logistics and industrial network, they added.Strategically located, the…

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Digital payments push: PhonePe PG rolls out ‘Bolt’ for Visa, Mastercard cards; enables one-click in-app checkout

[ad_1] PhonePe Payment Gateway on Saturday launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, aiming to offer a faster and more secure in-app checkout experience for users and merchants, PTI reported.The solution uses device tokenisation to enable secure payments within apps for users on the PhonePe platform as well as…

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‘Both side worked to narrow divergences’: India, EU push officials to fast-track FTA negotiations; here’s what commerce ministry said

[ad_1] India and the European Union have asked their officials to resolve outstanding issues and accelerate negotiations to finalise the proposed free trade agreement, according to an official statement issued on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels to review the…

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India office leasing touches record 86.4 mn sq ft in 2025: Knight Frank

[ad_1] India’s office real estate market posted its strongest performance on record in 2025, with annual gross leasing touching an all-time high of 86.4 million square feet, according to Knight Frank India’s latest India Real Estate – Office and Residential Market (H2 2025) report.Leasing activity rose 20% year-on-year, surpassing the previous peak achieved in 2024…

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US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

[ad_1] If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters.In an interview, Bessent said he doubted the court…

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