A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
'It is not about a place with fewer incidents of violence but a city where women have real agency in planning their daily lives.'
Indian athletes have delivered a strong performance at the Commonwealth Games, with boxers securing at least nine bronze medals by advancing to the semifinals. In athletics, Tajinderpal Singh Toor and Samardeep Singh Gill qualified for the shot put final, and Animesh Kujur reached the 200m semifinals. While weightlifting and mainstream swimming saw some setbacks, para swimmers also advanced.
India concluded Day 6 of the Commonwealth Games in ninth position, securing a total of 12 medals, including two gold, seven silver, and three bronze.
The ruling BJP has increased its lead over the Congress in the Rajasthan urban local body elections, winning 3,587 wards against Congress's 3,050. Independents also performed strongly, securing 2,024 wards. While BJP secured a clear majority in Udaipur, Congress won in Ajmer and Pali. Bharatpur, the Chief Minister's hometown, saw Independents leading. These elections are a crucial test for the Bhajanlal Sharma-led BJP government ahead of the 2028 Assembly polls.
Mamata Banerjee's faction of the Trinamool Congress announced support for the Congress candidate in the Nandigram assembly bypoll after its own candidate withdrew. This decision comes amidst a bitter dispute with the Election Commission over the freezing of TMC's traditional symbol and name, which Banerjee termed "arbitrary" and accused the BJP of trying to destroy opposition parties.
Rikin Dewey went from unused gym memberships and late-night partying to six days of training, losing nine kg and completing his first HYROX.
A look at some of the oldest, richest and famous Ganesh pandals in Mumbai.
Veer Ganapathy, son of renowned golfer Rahul Ganapathy, is set to represent Bengaluru Stallions in the AM Green IGPL 2026. The team, also featuring Trishul Chinnappa, Sunhit Bishnoi, and Sudhir Sharma, was unveiled for the second season of India's first franchise-based professional golf league. The IGPL aims to promote golf beyond elite circles and provide exposure to young talent.
China's dominant table tennis team is preparing for the Aichi-Nagoya Asian Games, bringing a mix of Olympic champions and young debutants. They are wary of the host nation Japan, particularly in the women's game, while also focusing on developing talent for the 2028 Olympics.
'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'
Indian shooter Vidarsa Vinod, making her Asian Games debut at 27, secured a silver medal in the women's 10m air rifle team event. Despite missing an individual final, Vinod maintained a calm demeanour, treating the continental stage like any other competition. Her journey from an NCC cadet to an international medallist highlights her rapid progression and adaptability, especially as she only recently started training in the 10m air rifle discipline.
Amardip 'Amo' Dhariwal, a 55-year-old Indian-origin former British Airways cabin crew manager, has been convicted of sexually assaulting a female colleague at his home in Berkshire, UK. The conviction followed a nine-day retrial after a previous hung jury. Dhariwal is awaiting sentencing on October 29. Two other women also provided "bad character evidence" regarding alleged assaults outside the UK, though those charges were discontinued due to jurisdiction issues.
India's junior men's hockey team successfully defended their Asia Cup title, defeating Korea 4-1 in the final in Moqi, China. This victory marks their record sixth continental crown and secures their spot in the upcoming World Cup. The team displayed a dominant performance with goals from Ajeet Yadav, Anmol Ekka, Prabhdeep Singh, and Ashu Maurya.
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
The Election Commission has allotted the 'Football Player' symbol to the Mamata Banerjee-led faction of the Trinamool Congress for the upcoming West Bengal bypolls, while the rival Arup Roy-led group will contest with the 'Envelope' symbol.
The BJP has announced former IAS officer Debashish Sharma as its candidate for the upcoming Nagaon Lok Sabha bypoll in Assam. Sharma, who recently took voluntary retirement as Nagaon District Commissioner, joined the BJP and secured the party ticket within days. The by-election is scheduled for October 6, with counting on October 9. The seat was previously held by Pradyut Bordoloi of Congress, who later joined BJP. A complaint has been filed against Sharma regarding his tenure as DC.
August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.
West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.
Elena Rybakina defeated top-seed Aryna Sabalenka 6-4, 5-7, 6-2 in the US Open women's singles final, securing her third career major title and setting her to become the new WTA World No. 1. Rybakina displayed dominant form, especially in the final set, overcoming the two-time defending champion.
The Mamata Banerjee-led Trinamool Congress faction has announced Sanchita Pradhan (Dey) and Rabiul Alam Chowdhury as its candidates for the upcoming Nandigram and Rejinagar assembly by-elections in West Bengal. This announcement comes amidst a significant split within the TMC, with a rival faction led by Ritabrata Banerjee also vying for control of the party's name and symbol. The Election Commission is currently deliberating on the claims of both factions, a decision that will critically impact the by-polls scheduled for October 6.
A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.
The Indian junior women's hockey team secured their third consecutive AHF Junior Asia Cup title by defeating China 1-0.
India's junior women's hockey team defeated China 1-0 in the AHF Junior Asia Cup final, securing their third consecutive title and qualifying for the junior women's World Cup. Sanika Chandrakant Mane scored the decisive goal in the 17th minute.
The second and final phase of urban local body elections in Rajasthan was marked by EVM-related glitches and voter issues, with a 57.38 per cent turnout recorded by 3 pm. Prominent leaders like Lok Sabha Speaker Om Birla, Chief Minister Bhajanlal Sharma, and former Chief Minister Ashok Gehlot cast their votes, while several incidents of disputes and alleged bogus voting were reported across various polling stations.
India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.
Tata Boeing Aerospace Limited (TBAL) has achieved a significant milestone by rolling out the 400th fuselage for the AH-64E Apache attack helicopter from its Hyderabad facility. This joint venture between Boeing and Tata Advanced Systems Limited manufactures fuselages for global supply, including to the US Army and the Indian Army, highlighting India's growing role in the global defence manufacturing ecosystem.
Danish FA President Jesper Moller has renewed calls for FIFA President Gianni Infantino to step down, citing FIFA's refusal to answer 'critical questions' regarding its abandoned proposal to sell commercial stakes in tournaments.
Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.
Indian tennis player Dhakshineswar Suresh discusses the significant transition from collegiate tennis to the professional tour, highlighting the challenges of travelling alone, managing his body, and maintaining consistency. He shares insights on the importance of off-court preparation, physical fitness, and setting ambitious goals like breaking into the top 250.
Olympic silver medallist Vijay Kumar has urged the 30-member Indian shooting contingent for the Asian Games to prioritise individual medals over team events. He also highlighted the need for significant improvements in coaching, advocating for more former international medallists in the system, and stressed the importance of better grassroots talent identification, drawing comparisons with China. Kumar also commented on the void left by coach Jaspal Rana's death and questioned recent selection policies.
India concluded its campaign at the World Archery Para Series Stage III with an impressive tally of 15 medals, including four gold, three silver, and eight bronze, finishing second in the overall medal standings. The event served as a crucial preparatory test for the upcoming Aichi-Nagoya 2026 Asian Para Games.
India may have a vast coastline and a strategic location, but it will become a true maritime nation only when its people understand, value and actively participate in the maritime ecosystem, asserts Vice Admiral Biswajit Dasgupta (retd).
A rebel Trinamool Congress faction, led by Ritabrata Banerjee, has named candidates for two assembly bypolls in West Bengal, directly challenging the Mamata Banerjee-led camp. This move escalates the internal party battle, particularly over the 'twin flowers' symbol, which both factions claim. The Election Commission is currently reviewing the dispute, and the bypolls in Nandigram and Rejinagar will serve as a crucial electoral test for both sides.
The Election Commission is likely to reduce the number of counting centres for the West Bengal Assembly polls to 77 from 87 earlier, even as questions were raised by the ruling Trinamool Congress over the move just days ahead of counting, an official said on Thursday.
Independents have secured nearly two-thirds of urban wards in Bharatpur and Deeg districts, Chief Minister Bhajanlal Sharma's home turf, significantly outperforming the BJP and Congress in local body elections. This unexpected surge sets the stage for a political battle as both major parties vie for the support of these Independent councillors to form civic boards.
Fifth-seeded Mirra Andreeva fought back from a set down to defeat Anastasia Potapova 5-7, 6-4, 6-3, reaching her first US Open quarterfinal after Potapova's injury.
The Special Intensive Revision of Maharashtra's electoral rolls has identified over 76 lakh voters classified as permanently shifted across the state. Mumbai Suburban, Thane, and Pune districts reported the highest numbers, highlighting significant discrepancies in voter lists and the ongoing challenge of maintaining accurate electoral data.
