UPI REFUND
UPI Payment failed or stuck? When banks must refund your money and pay ₹100 per day in compensation
Have you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to handle failed UPI transactions, understand the reversal process, and learn how long refunds typically take. Stay vigilant against potential fraud while navigating the complexities of digital payments.
Lost money to a UPI scam? The first 3 days could decide how much you can recover
In the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to safeguard you against unauthorized transactions. Discover essential actions to take the moment fraud strikes, understand how liability is assessed, and find out what steps to take if your bank turns down your claim.
How to book Tatkal train tickets faster on IRCTC: Follow these easy steps, check booking timings and tips to get a confirmed seat
Tatkal ticket booking is an ideal choice for immediate train travel via the IRCTC platform. Passengers can secure their seats a day in advance, with distinct timings for AC and Non-AC classes. To ensure a smooth process, verifying accounts and entering passenger details ahead of time is advised. Additionally, adherence to Aadhaar authentication during booking is crucial. Refunds on confirmed Tatkal tickets are limited to certain conditions.
Apple posts all-time revenue record in India: CEO John Ternus
Apple's quarterly earnings reveal a staggering revenue of $30.71 billion, reflecting a twelve percent growth as of September 26. With record-breaking global iPhone sales highlighted in markets like India and mainland China, Mac revenue soared to unprecedented levels, largely due to robust MacBook sales. Furthermore, on September 30, the launch of Apple Pay in India marked a significant enhancement in its market foothold.
Digital payments firms race to fortify defences as cyberattacks intensify
At Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as frequently as a year ago, chief technology officer Ramkumar Venkatesan told ET. Attackers are increasingly combining multiple vulnerabilities to attack systems, he said.
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Rs 98,000 curd: Bengaluru woman orders curd on blinkit, receives damaged packet, calls customer care number found online and loses Rs 98,000
A 56-year-old Bengaluru woman allegedly lost Rs 98,000 after ordering curd on Blinkit and finding the packet damaged. Her search for a customer care number led her to fraudsters posing as support representatives, who sent a WhatsApp link and guided her through a process that ended with money debited from her bank account.
Jio IPO: Reliance’s newest listing meets a market its 1977 investors wouldn’t recognise
Jio is set to enter a competitive market with its IPO, which marks Reliance's first offering since 2006. The shift from physical share certificates to demat accounts has greatly streamlined investor experiences over the years. Investors will benefit from reforms that include blocked amounts and faster listing times. The proposed IPO will cater to a considerably larger base of individual investors than previous offerings.
JIO IPO & Rs 10 lakh crore: Mukesh Ambani added 13 zeros to Dhirubhai’s dream
Jio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The record-breaking IPO could see valuation exceed Rs 10 lakh crore.. This IPO forms part of Jio's broader strategy to lower its debt and advance corporate goals. How the company navigates this phase will impact where it goes from here.
Diwali Sale 2026: Buying fridge, AC, or washing machine online? Here’s how to get the best deal on big appliances and save more
Online sales of big appliances are growing at 25% as the festive sales begin. The Kagan 2026 Asia-Pacific Consumer Insights survey by S&P Global Market Intelligence, conducted in June 2026 among 1,000 internet adults each in China, South Korea and India, shows that most Indian respondents still primarily make retail purchases from stores.
Bank customer spots huge unknown deposit in account, receives a call pressuring him to return it immediately, ends up approving even higher amount; warns SBI
State Bank of India (SBI) has warned customers about the ‘Jumped Deposit Scam’, in which fraudsters use unexpected bank credits and urgent refund calls to pressure people into approving larger UPI payments. The bank has advised customers to verify transactions, avoid suspicious payment requests, block suspected callers and report incidents promptly.
Strong macro show takes shape in Q2 before festive rush
India's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car sales surged by 21% year-on-year, indicating strong consumer demand during the festive season. Manufacturing activity is robust, contributing to a rise in the HSBC Purchasing Managers Index to a seven-month high.
Wife, daughter and son waited in a car in snowfall at minus 4 degrees after the booked Gulmarg hotel was missing, MakeMyTrip ordered to pay Rs 48,775
A consumer commission in Gurdaspur has ordered MakeMyTrip to pay Rs 48,775 to an advocate whose family says the Srinagar and Gulmarg hotels they booked online could not be found, leaving them to spend a night in their car in the snow.
Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your money
Starting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer-to-peer transfers will still be free. As some merchants may choose to adjust prices accordingly, customers should stay vigilant, checking for any surcharges at checkout to ensure they understand all costs involved. Transparency and quality of service will be vital as these changes are implemented.
Who is Jay Singh Rathore, why is he trending on X? Vijay Mallya jokes, ‘best Twitter moment’ memes explode on social media
Who is Jay Singh Rathore: Jay Singh Rathore has become a viral name on X after an alleged eye-surgery fundraiser for his minor sister reportedly raised Rs 1.5 lakh. The controversy grew after Shroff Eye Centre flagged allegedly fake medical documents, while Rathore faced questions during lengthy X Spaces. Vijay Mallya references and memes have since flooded social media.
MDR gives banks more fuel for UPI play
Payment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, test the transaction flow and install the required controls. Under zero MDR, this work generated costs without transaction-linked revenue for banks and often received lower priority, industry executives said.
Festive season likely to create 2-2.5 lakh jobs in H2 2026: Report
Mumbai anticipates creating 2 to 2.5 lakh seasonal and gig jobs by late 2026. Festive hiring is projected to increase by fifteen to twenty percent during this period. Businesses in e-commerce and retail are preparing for heightened consumer demand. Tier II and III cities will contribute forty-five percent of total festive hiring needs. This expansion offers new employment opportunities beyond traditional urban talent pools.
Karnataka HC quashes Rs 482-crore penalty on ACC, directs govt to execute mining lease
The standoff escalated in 2025 when the department issued a revised royalty demand of Rs 367.51 crore (after adjusting Rs 125 crore already deposited by the firm), followed by a separate penalty notice of Rs 482.70 crore under the Mines and Minerals (Development and Regulation) Act.
Water bottle sold Rs 7 above MRP at temple shop, consumer court orders shopkeeper to pay Rs 7 lakh
The Kakinada district consumer commission has fined a shop licensee operating inside the Sri Veera Venkata Satyanarayana Swamy Temple at Annavaram after he charged a devotee Rs 25 for a one-litre water bottle marked at Rs 18. The commission ordered the licensee to deposit Rs 7 lakh in the Consumer Welfare Fund and pay the devotee a refund, compensation and litigation costs, calling the overcharging a serious unfair trade practice at a pilgrimage site.
GFF 2026: PayU’s new AI agent store aims to change how SMBs run businesses
PayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy AI agents for various operational tasks. Merchants can enhance product discoverability and manage customer interactions using these agents. The no-code, zero-integration offering simplifies AI adoption for businesses.
You don’t need a Rs 2 lakh salary to be financially stable: CA shares important money habits that matter more than how much you earn
CA Nitin Kaushik shared eight money habits that can help people build financial stability without earning a huge salary. He recommends tracking income and expenses, saving before spending, maintaining an emergency fund, avoiding lifestyle inflation, clearing expensive debt, automating financial commitments, protecting existing wealth and giving every extra rupee a purpose. His core message: financial security comes from consistently repeating smart money habits.
Real estate firm promised Rs 60,000 every month for a Rs 17.5 lakh investment, paid Rs 30,000 for six months, then stopped; court orders company to pay client over 55 lakh
A Hyderabad consumer commission has ordered a real estate company to pay over Rs 55 lakh to a customer after finding that it stopped honouring a lease agreement tied to a white sandalwood plantation investment. The customer had invested Rs 17.5 lakh in 2023 on the promise of Rs 60,000 a month, but received only Rs 30,000 for six months before payments stopped altogether.
Healthy consumption: GST collections surge to Rs 2 lakh crore, car sales jump 36%
India's economic indicators showed resilience and growth in August. Goods and services tax collections rose 14.8 percent to ₹2 lakh crore. Bulk car sales surged 36 percent, and UPI transactions reached a new record. Power consumption increased 12.9 percent, signaling economic momentum. These figures reflect healthy consumption and improving compliance across the nation.
GST, auto sales, UPI data point to resilient growth in August
In August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enthusiasm, while the UPI system hit a record with 24.51 billion processed transactions, pointing to a rise in digital transactions. Additionally, power consumption surged by 12.9%, portraying an ongoing economic recovery following a solid June quarter.
Hack of the Day: How to claim compensation for failed UPI payments?
Hack of the day: Learn how to claim a refund and possible compensation for failed UPI payments in India. If a UPI transaction fails but money is debited, banks must reverse it within one business day (T+1). If delayed, you can dispute through your app and escalate to RBI CMS or Banking Ombudsman for relief.
Failed WhatsApp UPI transaction? Here’s how to get your money back
There are chances that your UPI payment may get stuck or payment won’t be received by the recipient even after debiting from your account.
7 latest highly deceptive online scams; how to identify them and protect your money
Online scam and how to protect yourself: If you are not aware of their latest methods and tricks, you can easily fall into their trap, resulting in loss of time, money and personal information. ET Wealth Online explains a few types of scams that have been on the rise and the ways to protect yourself from them.
ICICI Bank, Axis Bank remove UPI transaction charges from websites but these banks have not
Private sector lender, ICICI Bank mentions ‘NIL’ under charges for UPI transactions on its website. The Axis Bank website shows an error message when you go to the ‘Change in charges for UPI’ page.
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