01
Business
UPI became successful because it made digital payments simple, instant and effectively free for ordinary users and merchants. The proposed MDR on higher-value merchant transactions changes that equation. This article examines why comparing UPI with credit cards is misleading, how merchant charges can eventually reach consumers, why cash transactions may rise again, and whether introducing an "expenditure toll" makes sense when banks, RBI and NPCI remain highly profitable overall.
Sep 18, 202614 min read
02
Analysis
The conflict between Iran and the United States is no longer just a military or geopolitical issue. Its effects are rapidly spreading through global oil markets, trade routes, currencies, and financial systems. As tensions around the Strait of Hormuz continue, India may face one of the biggest economic challenges in recent years. Rising crude oil prices, a weakening Rupee, widening trade deficits, inflationary pressure, capital outflows, and a possible "Triple Deficit Risk" could reshape the country's economic landscape. The battlefield may be thousands of kilometres away, but the economic shockwaves may eventually reach every Indian household.
May 26, 20265 min read
