Daily Republic News
- Business
- May 7, 2026
Pay Income Tax via UPI: Don’t Get Stuck at ₹1 Lakh, NPCI Allows Up to ₹5 Lakh Per Day
As the tax season intensifies, many taxpayers are discovering they can bypass the traditional “net banking” hurdle. While the standard Unified Payments Interface (UPI) limit remains capped at ₹1 lakh for most daily transfers, the National Payments Corporation of India (NPCI) has Read More
- Business
- May 7, 2026
Iran Deputy Foreign Minister Likely to Visit New Delhi for BRICS Ministerial Meeting: Sources
Iran’s Deputy Foreign Minister is likely to visit New Delhi this month to participate in the BRICS ministerial deliberations, according to sources cited by ANI. This visit comes as India, currently holding the BRICS chairmanship, prepares to host the Foreign Ministers’ meeting on Read More
- Business
- May 7, 2026
How to Activate and Use Your Pre-Sanctioned UPI Credit Line in 3 Minutes
The National Payments Corporation of India (NPCI) has revolutionized digital spending with the Credit Line on UPI. This feature allows users to access a pre-approved credit limit from their banks directly through their favorite UPI apps.Essentially, it turns your UPI app into a d Read More
- Business
- May 7, 2026
Campari CEO Says Its Prices Should Attract Consumers Despite Inflation
Inflation stemming from the Middle East crisis is expected to limit demand for spirits, but Campari’s pricing should mean consumers still consider its brands good value, the Italian group’s CEO told Reuters. Campari CEO Simon Hunt was speaking after Campari reported on Wednesday Read More
- Business
- May 7, 2026
Kotak Mahindra Bank Gets RBI Approval To Acquire 9.99% ‘Aggregate Holding’ In AU Small Finance Bank
AU Small Finance Bank (SFB) on Thursday, May 7, informed the bourses that Kotak Mahindra Bank has received approval from RBI to acquire upto 9.99% stake in the Mumbai-headquartered bank.According to an exchange filing, AU SFB noted that RBI has given approval “Kotak Mahindra Bank Read More
- Business
- May 7, 2026
Is Gold No Longer a Safe Haven? Morgan Stanley Reports 14.5% Dip Amid Iran Conflict and High Rates
Gold’s traditional reputation as a safe-haven asset is facing fresh scrutiny after prices declined during the ongoing Iran conflict, according to a report by Morgan Stanley.The report noted that despite heightened geopolitical tensions, gold has underperformed several major asset Read More
- Business
- May 7, 2026
Crude Prices Bounce Back to $102 as Trump Questions Iran Peace Deal Prospects
Oil prices rose over $1 on Thursday, rebounding from the previous day’s sharp losses, as investors weighed the prospects of a Middle East peace deal succeeding. Brent crude futures were up 78 cents, or 0.8%, at $102.05 a barrel at0400 GMT. U.S. West Texas Intermediate gained 76 c Read More
- Business
- May 7, 2026
Is Job Creation And Poverty Eradication In Store For West Bengal? Vedanta’s Anil Agarwal Weighs in
Vedanta Group’s Chairman and Founder Anil Agarwal noted that states in East, including West Bengal are the richest in natural resources and human resources.The metal and mining magnate’s remarks come after the recent assembly elections held in Assam, and West Bengal placed their Read More
- Business
- May 7, 2026
Fed Signals Potential Rate Hikes as U.S.-Iran War Sparks Inflation Shock and Oil Price Surge
Federal Reserve officials said on Wednesday the ongoing U.S.-backed war with Iran is raising the risk of a sustained inflation shock, with continued high oil prices and developing concerns about problems with global supply chains.Chicago Fed President Austan Goolsbee said busines Read More
- Business
- May 7, 2026
Auto Major Mahindra & Mahindra Shares Surge Over 2% After 48% Jump In Q4 Consolidated Profit
Mahindra & Mahindra Share Price: The share price of Mahindra and Mahindra surged over 2% to hit an intra-day high of Rs 3,380.70 apiece after the automotive major reported a 42% year-on-year (YoY) rise in Q4 FY26 consolidated profit.The Mahindra Group’s flagship company posted a Read More
