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The Canadian Media

The Canadian Media

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Finance/Business

All Finances / News

UPI Charges on high-value transactions may be around the corner

August 5, 2026August 5, 2026 - by cmedia

IBNS-CMEDIA: The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value …

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All Finances

Get ready for plastic money! RBI plans to launch polymer notes next financial year

August 5, 2026August 5, 2026 - by cmedia

IBNS-CMEDIA: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to …

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Finance/Business

Global layoffs at Visa leave 2,600 employees without jobs, Indian staff wake up to termination emails

August 5, 2026August 5, 2026 - by cmedia

IBNS-CMEDIA: Visa lays off 2,600 employees globally; several in India receive termination emails between 4 am and 5 am Global payments giant Visa has laid off around 2,600 employees, or …

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All Finances

RBI holds repo rate, projects 6.7% growth while warning of higher inflation

August 5, 2026August 5, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) on Wednesday projected India’s real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 …

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Finance/Business / Foreign

Strait of Hormuz disruption poses risks to global energy, fertilizer and industrial trade, ITC warns

August 5, 2026August 5, 2026 - by cmedia

IBNS-CMEDIA: A recent analysis has found that the disruption in the Strait of Hormuz, amid the Iran-US conflict, has exposed the vulnerability of global trade to a single maritime chokepoint, …

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All Finances / India / News

FSSAI orders Dabur to stop sale of several food products with ‘100%’ claims

August 4, 2026August 4, 2026 - by cmedia

IBNS-CMEDIA: The Food Safety and Standards Authority of India (FSSAI) has directed Dabur India Ltd to immediately stop the sale of several food products carrying allegedly misleading “100 per cent” …

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All Finances / India / News

JWL-Italy’s LRS pact to build India’s first fully integrated railwheel manufacturing platform

August 4, 2026August 4, 2026 - by cmedia

IBNS-CMEDIA: Jupiter Wagons Ltd (JWL) on Tuesday announced a strategic partnership with Italy’s Lucchini RS Holding S.p.A. (LRS) to establish India’s first fully integrated private-sector railwheel manufacturing platform. Under the …

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Finance/Business / India / News

IMFA predicts major capacity boost as Kalinganagar Greenfield project nears commissioning

August 4, 2026August 4, 2026 - by cmedia

IBNS-CMEDIA: Indian Metals & Ferro Alloys Ltd (IMFA), India’s largest producer of ferro chrome, on Tuesday said its greenfield expansion project at Kalinganagar (KNR 1) is progressing on schedule after …

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All Finances / India

Visa’s $2.4 billion BioCatch acquisition aims to strengthen fraud protection

August 4, 2026August 4, 2026 - by cmedia

IBNS-CMEDIA: Visa on Tuesday announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioural-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders …

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All Finances

ADNOC awards L&T an ultra-mega offshore contract for one of its major Middle East projects

August 4, 2026August 4, 2026 - by cmedia

IBNS-CMEDIA: L&T Energy Hydrocarbon Offshore (LTEH Offshore) on Tuesday announced that it has secured an ultra-mega offshore contract from ADNOC Offshore for a major energy project in the Middle East. …

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Canadian Media is a digital news publication covering both national and international developments on varied segments of society and public life such as Health, Politics, Business, Education, Environment, Entertainment, Biodiversity, Science & Research, First Nations, humanitarian crisis, gender issues, etc. It aims to present news in an objective and unbiased way. Our primary focus is Canada and India besides the world at large.  

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