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FinanceTimes of India46m ago

UPI charges: Lok Sabha passes bill for government to make changes

The Lok Sabha has taken a vital step by passing a bill aimed at simplifying tax rules to enhance investment attractiveness. The new legislation abolishes a limitation on specific electronic payment options, allowing banks and providers to charge merchants on transactions. Additionally, the gove...

FinanceBloomberg Markets1h ago

Fed's Musalem Expresses Preference to Raise Rates

Federal Reserve Bank of St. Louis President Alberto Musalem explains why he expressed a preference to raise rates at the Federal Open Market Committee's July meeting. Speaking at an event in São Paulo, Musalem also discusses the outlook for inflation.

FinanceBloomberg Markets1h ago

Fed's Musalem Sees Need for 'Meaningful Restraint' on Inflation

Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers can't afford to tolerate higher inflation while they wait for the possibility of stronger productivity growth. He speaks at an event in São Paulo.

FinanceBloomberg Markets1h ago

Japan Sees Rush for Covenant Shelter as BBB-Rated Bond Sales Fly

Japanese companies have already sold more corporate bonds with investor protection this year than in all of 2025, as lower-rated borrowers increasingly turn to the bond market instead of relying solely on bank loans for their funding needs.

FinanceBloomberg Markets1h ago

Japan Small Caps Face Survival Race as Topix Cull Looms

Japan’s Topix stock index is poised for its biggest overhaul, with more than 600 companies — over a third of its constituents — likely to be gradually removed under new eligibility rules, according to analysts’ estimates.