UPI Lite new rules 2024: RBI increases UPI Lite wallet, transaction limits – here’s what UPI users should know

UPI Lite: The amendment to the framework for UPI Lite was announced by the RBI on December 4, 2024. New UPI rules 2024: The Reserve Bank of India (RBI) has enhanced the transaction threshold for offline digital payments made via UPI Lite. This increase in UPI Lite transaction limit is particularly advantageous for individuals residing […]

Economy

The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.

In a landmark decision, the Competition Commission of India (CCI) has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc. (Google- parent) subsidiary.  The decision sets the stage for a strategic alliance that could reshape the Indian e-commerce and retail sectors. Key details The […]

Economy

Integrated South Asian power market: First tripartite electricity transaction via Indian grid commences

The first trilateral supply of electricity through the Indian power transmission network was jointly inaugurated on Friday by India, Bangladesh and Nepal, a development that points to India’s ambition of establishing an integrated South Asian power market. India approved up to 40 megawatts (MW) of cross-border power transaction from Nepal to Bangladesh via the Indian […]

Economy

Integrated South Asian power market: First tripartite electricity transaction via Indian grid commences

The first trilateral supply of electricity through the Indian power transmission network was jointly inaugurated on Friday by India, Bangladesh and Nepal, a development that points to India’s ambition of establishing an integrated South Asian power market. India approved up to 40 megawatts (MW) of cross-border power transaction from Nepal to Bangladesh via the Indian […]

Transaction in Own Shares – Fidelity Emerging Markets Ltd

FIDELITY EMERGING MARKETS LIMITED (the ‘Company’)     Legal Entity Identifier: 213800HWWQPUJ4K1GS84     TRANSACTION IN OWN SHARES     The Board of the Company announces that it has bought into Treasury.     Number of shares repurchased: 11,408 Date of transaction: 13 November 2024 Average share price paid per share (GBp): 688.520 Lowest share […]

Transaction in Own Shares – Fidelity Japan Trust Plc

FIDELITY JAPAN TRUST PLC (the ‘Company’)     TRANSACTION IN OWN SHARES     The Board of the Company announces that it has bought into Treasury     Number of shares repurchased: 15,000 Date of transaction: 13 November 2024 Average share price paid per share (GBp): 157.330 Lowest share price paid per share (GBp): 156.500 […]

Transaction in Own Shares – Fidelity Japan Trust Plc

FIDELITY JAPAN TRUST PLC (the ‘Company’)     TRANSACTION IN OWN SHARES     The Board of the Company announces that it has bought into Treasury     Number of shares repurchased: 10,000 Date of transaction: 12 November 2024 Average share price paid per share (GBp): 156.170 Lowest share price paid per share (GBp): 155.000 […]