Top headlines: Credit cards to be linked to UPI, rate hike to push up costs

The Reserve Bank of India (RBI) on Wednesday allowed linking of credit cards to Unified Payments Interface (UPI)

Real estate and capital goods companies are worried that the Reserve Bank of India’s rate hike on Wednesday will hurt their recovery as home and vehicle loans become costlier. With less than a month to go for the Reserve Bank of India’s (RBI’s) new card data storage norms to kick in, the ecosystem is better prepared this time around. However, the transition to the new regime may not be entirely seamless

RBI monetary policy: Missing inflation mandate now a 'fait accompli'

For the first time since the flexible inflation-targeting framework was put in place in October 2016 for monetary policy making,