Can you match three invoices to one bank payment? Try this five-minute Excel challenge for finance freshers. Spot the duplicate entry, apply the partial payment, and calculate what the customer still owes.
The RBI may consider a 25 bps repo rate hike to 5.50% in October, according to a Reuters poll. If rates rise, borrowing could become more expensive for individuals and businesses. Here’s how it could affect EMIs, business loans, MSMEs, savings and investments.
From October 15, 2026, a 0.4% Merchant Discount Rate (MDR) will apply to certain UPI merchant transactions above ₹2,000. Person-to-person transfers and eligible small merchants remain exempt, while customers cannot be directly charged the MDR. The change could reshape payment costs for retailers, banks, fintech firms a
India’s merchandise trade deficit narrowed in August, helped by lower gold imports and stronger exports. But crude-oil imports rose sharply, which can still put pressure on the rupee, inflation, and business costs. The key issue is whether export growth can offset India’s higher energy bill.