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RBI Governor Sanjay Malhotra has responded to growing speculation over the possibility of charges on UPI transactions, saying it is too early to comment on the issue but emphasizing that maintaining the country's digital payment infrastructure comes at a cost. Speaking after the Monetary Policy Committee (MPC) meeting, Malhotra was asked whether UPI transactions could attract charges in the future. He said the matter remains premature as the government is still considering proposed legislative changes. However, he added that “someone has to pay the cost” of running and strengthening the digital payments ecosystem. The governor clarified that while UPI appears…

Nestlé India has said that consumption in the fast-moving consumer goods (FMCG) sector has slowed, but remains confident that its medium- to long-term growth outlook is strong. The company noted that India continues to offer one of the world's most promising long-term consumer markets, despite ongoing economic and geopolitical challenges. Company Chairman Suresh Narayanan Tiwary said the business continues to face uncertainties related to energy costs, packaging materials, edible oil prices, shipping disruptions, and currency volatility. However, he expressed confidence in the company's ability to navigate these challenges while continuing to meet evolving consumer demand. Nestlé India is expanding its…

India Yamaha Motor Pvt. Ltd. on Tuesday announced the return of the popular Monster Energy Yamaha MotoGP Edition for the R15 V4 and MT-15 Version 2.0 motorcycles, citing strong customer demand for its racing-inspired models. The company also expanded the colour palette of its FZ range with new shades and updated graphics for the 2026 lineup. The latest MotoGP editions of the Yamaha R15 V4 and MT-15 Version 2.0 feature the brand’s signature MotoGP-inspired livery across the tank shrouds, fuel tank and side panels, along with race-bred graphics and premium styling elements aimed at enhancing their sporty appeal while reinforcing…

Tata Motors has expanded its vehicle recycling network with the inauguration of a new Re.Wi.Re (Recycle With Respect) Registered Vehicle Scrapping Facility (RVSF) in Patna, reinforcing its commitment to sustainable mobility and the circular economy. Inaugurated by Bihar Transport Minister DamodarRawat, the facility is spread across 5.5 acres, operated by the KalahanuBothra Group, and can safely dismantle up to 15,000 end-of-life vehicles annually across all brands and segments, including two-wheelers, three-wheelers, passenger vehicles and commercial vehicles. The minister said the facility supports the National Vehicle Scrappage Policy by enabling scientific disposal of old and unfit vehicles while encouraging owners to…

Homegrown smartphone brand boltt, backed by the Fire-Boltt group, has announced that it will launch its much-anticipated Evo and Ace 5G smartphones on August 25, marking its formal entry into India's competitive smartphone market. The company also unveiled a strategic partnership with Flipkart as the Title Sponsor of the e-commerce platform's Freedom Sale 2026, a move aimed at building nationwide brand visibility ahead of the product launch. The sponsorship coincides with Flipkart's Freedom Sale, scheduled from August 7 for early access members and from August 8 to August 15 for all customers. boltt said the campaign is part of its…

ICICI Prudential Life Insurance has expanded its protection portfolio with the launch of a 10-year life cover option under its ICICI PruiProtect Smart Plus plan, targeting customers with short-term financial obligations such as home loans, children's education expenses and business loans. The new offering is designed to provide higher life cover at lower premiums during the period when financial responsibilities are typically at their peak. Apart from life insurance coverage, the plan includes complimentary health and wellness services worth up to ₹67,100, an instant claims payout of ₹3 lakh and a 100 per cent payout on the diagnosis of a…

Nissan Motor India Pvt. Ltd. (NMIPL) has secured a place in the India Book of Records after a convoy of 60 all-new Nissan TEKTON premium SUVs completed what the company said was the largest single-model four-wheeler convoy to reach Leh. The achievement coincides with the automaker's celebration of 75 years of its global SUV heritage. The five-day expedition covered more than 700 kilometres, beginning in Chandigarh and passing through Manali and Zangla via Shinku La before culminating in Leh. During the journey, the convoy climbed from 1,053 feet in Chandigarh to Shinku La Pass at 16,703 feet before descending to…