NEW DELHI — Starting October 15, 2026, a revised Merchant Discount Rate (MDR) framework will take effect for select Person-to-Merchant (P2M) Unified Payments Interface (UPI) transactions, introducing a nominal charge on digital payments above ₹2,000.
FORT WORTH, Texas — American Airlines is undergoing a profound strategic shift, with the carrier now generating approximately half of its ticketed revenue from just 30% of its available seats. The striking statistic, highlighted by CEO Robert Isom during recent financial briefings, underscores a broader, industry-wide pivot toward "premiumization" as airlines aggressively chase high-margin travelers.
PORTLAND, Ore. — In one of the largest philanthropic commitments to healthcare in U.S. history, Nike co-founder Phil Knight and his wife, Penny, have pledged $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute in Oregon.
RENTON, Wash. — Boeing is facing renewed headwinds in its efforts to stabilize the production of its best-selling 737 Max aircraft, with CEO Kelly Ortberg acknowledging that the process is taking "a little bit longer" than initially anticipated. The primary bottleneck, according to the aerospace chief, is wing production at the company’s manufacturing facility in Renton, Washington.
NEW YORK — Despite navigating near-record passenger volumes and historically crowded terminals, U.S. travelers are reporting significantly higher satisfaction with their airport experiences, according to the newly released 2026 North America Airport Satisfaction Study by J.D. Power.
DEARBORN, Mich. — Ford Motor Company is significantly reshaping its flagship pickup truck lineup for the 2027 model year, announcing increased availability of its revered 5.0-liter V-8 engine alongside targeted price reductions on key performance trims.
ATLANTA — Tropical Smoothie Cafe is undergoing its most significant visual and operational transformation in a decade, unveiling a comprehensive rebranding initiative designed to support an aggressive expansion strategy under the ownership of private equity giant Blackstone.
WASHINGTON — The United States Department of Labor (DOL) has abruptly suspended all new PERM (Program Electronic Review Management) filings by Cognizant, effectively halting the IT services giant’s ability to sponsor employees for permanent residency.
HELSINKI — In a move that underscores the insatiable energy and spatial demands of the artificial intelligence boom, Google has committed a staggering $15.1 billion to transform Finland into a premier European hub for AI infrastructure. The tech giant announced plans to construct three entirely new data centers and significantly upgrade its existing facility in Hamina over the next two years, marking one of the largest foreign direct investments in the Nordic nation's history.
MUMBAI — The National Stock Exchange (NSE) has significantly scaled back the size of its highly anticipated initial public offering (IPO), trimming the total capital raise to approximately ₹23,500 crore from the originally proposed ₹30,000 crore.
LONDON — Revolut is launching an aggressive offensive into the UK’s corporate banking sector, setting its sights squarely on FTSE 250 companies as part of a broader strategy to secure one million business customers globally by 2027. tradersunion.com
The ₹840-crore indigenous vessel has been designed for multidisciplinary ocean studies, deep-sea surveys and operations in challenging waters, including the Southern Ocean.
