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High-value buying shifts to credit cards, UPI for everyday payments amid decline in debit card usage: Report

Credit cards continued to dominate high-value consumer spending in the country, while UPI further strengthened its position as the preferred mode for everyday payments, according to a report by Worldline. The report highlighted shifting payment behaviour, with users increasingly favouring credit cards, UPI and prepaid instruments, while debit card usage continued to decline.The report stated…

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‘Used tracking feature’: Earbud squeals, thief at Bengaluru PG caught in 11 hours; laptop, phones, credit cards recovered | Bengaluru News

BENGALURU: A morning theft at a paying guest accommodation in Lakkasandra Extension led to a swift, tech-led arrest, after the victims used the inbuilt tracking feature of an earbud to help police trace and nab the suspect within 11 hours.The theft occurred at SM Gents PG around 7.40am Friday. Raghava, 24, a resident of Ramnagar…

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Sanskrit in Pakistani university: In a 1st since partition, ancient language to be taught in college; Mahabharat, Gita on the cards

In a first since partition, a course on ancient language Sanskrit has been introduced in a university in Pakistan, The Tribune reported. The Lahore University of Management Sciences (LUMS) has introduced the course, with Hindu mythologies like Mahabharat and Gita on the cards too. “People ask me why I’m learning Sanskrit. I tell them, why…

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FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards

Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…

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100 tonnes of silver sold in a week! Why are Indians rushing to sell the white metal? Is another silver price rally on the cards?

Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in an…

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Government tells WhatsApp, Telegram and others to link services to SIM cards: What it means for users

The Union government has issued new directives requiring messaging apps to enforce SIM card verification and automatically log out web-based sessions every six hours. This means that users will be barred from accessing their services if they do not have a physical SIM card originally used to register for the app present in their device….

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‘We have all the cards’: Donald Trump touts tariffs as cornerstone of US strength; claims levies made America ‘rich and safe’

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States…

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JEE, NEET and CUET in Class XI? Reforms to cut dependence on coaching on cards

NEW DELHI: A central panel tasked with reducing students’ dependence on coaching centres is considering wide-ranging reforms, including holding competitive examinations as early as Class XI, restricting daily coaching hours to two to three hours, and exploring a hybrid assessment model combining board exam performance with aptitude testing.These proposals were discussed at a meeting of…

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