The US House of Representatives voted to advance a bill that would authorise President Donald Trump to impose 100% tariffs on India and other countries for buying oil and gas from Russia and extend existing sanctions on Iran.

The resolution to advance the Russia sanctions bill and a slew of other legislations was approved by a 214-211 vote, shocking the House Democratic leadership.

The US Federal Reserve is set to announce policy verdict later today, Wednesday, 16 September with markets bracing for a fresh rate hike as inflation, bond yields and oil prices continue to climb.

Paytm, One Mobikwik shares jump up to 5% after UPI MDR announcement; brokerages see revenue boost


-NPCI announced new MDR framework for UPI.
-Paytm, Mobikwik shares rose after new MDR framework.
-MDR up to 40 bps for P2M UPI transactions > Rs 2,000.