Business

India's homegrown payments body, the National Payments Corporation of India (NPCI), is now gearing up for a fresh wave of disruption in the country's credit landscape, after having already transformed debit payments through UPI. According to a research report by Bernstein, "NPCI has already disrupted debit cards through the explosive rise of UPI (Unified Payments Interface). Now, it's en route to shaking up credit cards too."

India's mutual fund industry is witnessing a major shift as more investors are now adopting long-term goal, buy-and-hold strategies, according to a report by Motilal Oswal Financial Services.

India's cement industry is poised for sharp earnings rebound in the Financial Year 2026 (FY26), with sector-wide profit expected to grow over 63 per cent year-on-year, driven largely by a favourable low base and continued cost-reduction efforts across companies, according to a sectoral update by Dolat Capital.

"For India, these critical minerals are very important. They need it. They would like to have a separate chapter in our free trade agreement. We are studying this issue. But the most important thing is that we are willing to cooperate with India in this such an important good, critical minerals, because we have plenty of them to sell," Ambassador Velarde said.

Peru will implement the UPI-like real-time digital payments system by next year, informed Peruvian Ambassador Javier Manuel Paulinich Velarde said on Wednesday.

India's telecom operators delivered an inline performance in the September quarter of FY26, with rising average revenue per user (ARPU) continuing to act as the biggest driver of sectoral momentum, according to a review of Q2FY26 results by Centrum.