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Thursday, August 6, 2026

Merchant charges for UPI soon? LS passes bill authorising govt to allow banks to levy fees - top facts

This empowers the government to allow banks and other payment service providers to impose charges on transactions conducted through the unified payments interface (UPI) and other electronic payment modes that may be notified.

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Top stocks to buy today: Stock recommendations for August 6, 2026 - check list

Top stock market recommendations: Ambuja Cements, Asahi India Glass, and Pfizer - these stocks have been identified as the top buy calls for August 6, 2026 by Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth Management. The expert has also shared outlook on Nifty50 and Bank Nifty:

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RBI proposes uniform interest rate norms for banks, NBFCs



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Wednesday, August 5, 2026

India to get its first plastic notes next year: RBI governor shares timeline, explains benefits

The government has authorised the Reserve Bank of India to print up to 2 billion polymer (plastic) notes - 1 billion each in the Rs 10 and Rs 20 denominations for field trials. At present, there is no proposal to replace paper currency entirely.

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Tuesday, August 4, 2026

54 bank fraud accused fled India, ED seizes assets worth over Rs 35,000 crore

The Enforcement Directorate is investigating 32 bank fraud cases with 54 absconding accused. Proceedings under the Fugitive Economic Offenders Act have been launched against 27 individuals. Assets worth over Rs 840 crore have been confiscated after nine were declared offenders. Unclaimed bank deposits transferred to the RBI fund total Rs 62,683.19 crore. India's foreign exchange reserves remain comfortable, covering 10.3 months of goods imports.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0IXuT3c
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