Economy, business and finance
‘We Are The Ball’: Oppn Targets Govt As US Advances Russia Sanctions Bill With 100% Tariff Threat

Congress attacked the Centre over potential US tariffs on Russian oil buyers and the new 0.4% MDR on UPI transactions, linking it to US interests.
The Congress on Wednesday stepped up its attack on the Centre after the US House of Representatives voted to advance a bill, which will eventually authories President Donald Trump to impose 100% tariffs on India as well as other countries which are purchasing oil and gas from Russia.
While criticising the government, the Opposition also slammed the newly announced Merchant Discount Rate (MDR) on select UPI transactions, linking the move to what it described as the government’s alleged accommodation of US interests.