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Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate

Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate Updated: 2026-08-08 15:59:53 | Source: timesofindia.indiatimes.com American multinational conglomerate Berkshire Hathaway reported stronger-than-expected second-quarter results, with operating profit, revenue and net income rising, while its massive cash pile fell as the company stepped up stock purchases and buybacks.Operating profit rose 16 per…

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Merchant charges for UPI soon? LS passes bill authorising govt to allow banks to levy fees – top facts

Merchant charges for UPI soon? LS passes bill authorising govt to allow banks to levy fees – top facts Updated: 2026-08-06 14:40:18 | Source: timesofindia.indiatimes.com Government is likely to permit banks and payment service providers to levy a merchant discount rate of between 0.25% and 0.4% on UPI transactions exceeding Rs 2,000. In a step…

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Consumers already bearing UPI costs through broader economy: RBI governor

Consumers already bearing UPI costs through broader economy: RBI governor Updated: 2026-08-05 16:15:37 | Source: timesofindia.indiatimes.com Reserve Bank of India (RBI) Governor Sanjay Malhotra gestures on MPC policy NEW DELHI: RBI governor Sanjay Malhotra said consumers already bear the cost of UPI transactions indirectly even if merchant fees are not explicitly charged.Responding to questions on…

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Centre raises windfall tax on petrol, diesel and ATF exports from August 3

Centre raises windfall tax on petrol, diesel and ATF exports from August 3 Updated: 2026-08-03 15:39:19 | Source: timesofindia.indiatimes.com The Centre has once again revised the windfall tax on fuel exports, raising duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight while keeping domestic fuel duties unchanged.According to a finance ministry…

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China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals

China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals Updated: 2026-08-02 16:04:31 | Source: timesofindia.indiatimes.com China’s share in India’s foreign direct investment (FDI) approvals remained largely negligible in 2025-26, with the government approving just one proposal worth Rs 1 crore during the year. In comparison, 13 proposals from Hong…

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UPI reaches new milestone in July with highest-ever transaction value of Rs 29.88 lakh crore

UPI reaches new milestone in July with highest-ever transaction value of Rs 29.88 lakh crore Updated: 2026-08-01 15:41:27 | Source: timesofindia.indiatimes.com India’s Unified Payments Interface (UPI) continued its upward trajectory in July, clocking its highest-ever monthly transaction value. According to data released by the National Payments Corporation of India (NPCI), the platform touched a new…

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Tough road for Trump: Why sanctions Bill for tariffs on Russian oil buyers may fail House test

Tough road for Trump: Why sanctions Bill for tariffs on Russian oil buyers may fail House test Updated: 2026-07-31 15:55:58 | Source: timesofindia.indiatimes.com Sanctions and trade experts say it would establish a new precedent by allowing future presidents to use secondary tariffs to target entire countries. (AP photo) US President Donald Trump may not find…

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E20 petrol debate: Govt debunks 7 claims on ethanol blended fuel – impact on mileage, engines & more

E20 petrol debate: Govt debunks 7 claims on ethanol blended fuel – impact on mileage, engines & more Updated: 2026-07-30 15:38:05 | Source: timesofindia.indiatimes.com Manufacturers continue to provide warranty coverage for vehicles using specification-compliant E20 fuel. Seeking to dispel concerns about the impact of E20 petrol on vehicles, the Ministry of Petroleum & Natural Gas…

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