A Delhi consumer commission has directed Punjab and Sindh Bank to refund Rs 10,000 to a customer whose ATM transaction failed to dispense cash but debited the amount. The bank was also ordered to pay compensation for delayed reversal, mental agony, and litigation expenses, highlighting a deficiency in service.
Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.
Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.
A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
Senior executives from Meta, the parent company of Facebook, Instagram, and WhatsApp, appeared before India's child rights body, NCPCR, for questioning regarding alleged advertisements promoting child sexual exploitative and abuse material (CSEAM) on its platforms. This follows a BBC report and a stern notice from the Ministry of Electronics and Information Technology (MeitY) to Meta over the issue.
Opposition MPs have voiced strong concerns regarding the government's decision to levy a 0.4 per cent fee on UPI payments above Rs 2,000 made to merchants, effective October 15. They argue that this "anti-people" move will negatively impact a large segment of the population, despite the finance ministry clarifying that the charge is on the merchant ecosystem and not directly on customers for P2P or small payments.
Indian para archers, led by Paralympic champion Harvinder Singh, showcased a dominant performance at the World Archery Para Series in Ahmedabad. Four Indian archers each in the men's and women's recurve sections qualified directly for the pre-quarterfinals. Additionally, India secured top seedings in both men's and women's doubles events, with pairs advancing directly to the semifinals, and a strong third seeding in mixed doubles.
The Supreme Court has expressed strong displeasure with the Odisha government for delaying a decision on the remission plea of Ravindra Pal alias Dara Singh, who is serving a life sentence for the 1999 murder of Australian missionary Graham Stuart Staines and his two sons. The court has directed the state to make a decision by September 17, warning of summoning officials if the delay persists. Singh, incarcerated for over 26 years, seeks premature release based on his time served and a 2022 state policy.
The Supreme Court has sought responses from the Maharashtra government and other parties regarding a plea to fell and transplant trees for a proposed National Centre of Excellence for Animation, Visual Effects, Gaming, Comics and Extended Reality in Mumbai's Film City. The project, deemed of "eminent national importance," requires the felling of 124 trees and transplanting 333, with compensatory afforestation planned. The court's intervention follows a previous order restricting tree felling in the Aarey colony.
Mammootty has played the family man through all its shades, and these 10 films prove just how devastatingly good he can be when he brings the tears along with the warmth.
The Sports Ministry is closely monitoring the internal dispute within Hockey India between President Dilip Tirkey and Secretary General Bhola Nath Singh, stemming from a controversial jersey colour change. The Ministry prefers the factions resolve their differences amicably before considering intervention.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
India has lodged a strong diplomatic protest with Pakistan over an 'unacceptable' naval collision in international waters, citing a breach of a 1991 bilateral agreement on military conduct after a Pakistani Navy vessel collided with an Indian Navy warship in the Arabian Sea.
Hardik Pandya's return to cricket is contingent on him proving full fitness, specifically bowling his complete quota of 10 overs for India A, as selectors eye his potential role in the 2027 ODI World Cup amidst persistent injury concerns.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
The 20th Aichi-Nagoya Asian Games, running from September 19 to October 4, will feature approximately 17,000 athletes from 45 countries competing in 469 medal events across 43 sports. Japan hosts for the third time, introducing new sports like mixed martial arts and virtual taekwondo, while also serving as a qualifier for the 2028 Los Angeles Olympics.
'An instruction came from somebody in Delhi saying, "don't go with the launch".'
Maratha quota activist Manoj Jarange has ended his 20-day hunger strike after discussions with a Maharashtra government delegation. He issued a three-month ultimatum, threatening to resume protests in Mumbai if demands for Maratha reservation, based on Kunbi lineage recognition, are not met. The government has assured action on historical gazettes to facilitate OBC benefits for Marathas.
Indian chess teams, both open and women's, secured victories in the second round of the 46th Chess Olympiad in Samarkand, Uzbekistan, maintaining their top positions with four match points. While the open team faced some challenges, including draws for D Gukesh and Praggnanandhaa, Nihal Sarin's win was crucial. The women's team achieved a more dominant performance with wins from Divya Deshmukh, Vantika Agrawal, and B Savitha Shri.
The CBI has registered an FIR in the Disha Salian death case, following a Bombay High Court order that criticised Mumbai Police for its six-year delay and "glaring discrepancies" in the investigation. Salian, former manager of Sushant Singh Rajput, died in June 2020, a week before Rajput's own death, which led to speculation about a connection. The High Court had expressed concerns over the Mumbai Police's handling of the case, which was initially treated as an accidental death.
Shah Rukh Khan offered a rare glimpse into his family's private Ganpati celebrations at Mannat, revealing his wife Gauri Khan performs the aarti, followed by a simple family visarjan.
Frenchman Samai Reboul, coach of the Indian national surfing team, views India's Asian Games debut as a crucial step towards qualifying for the 2028 Los Angeles Olympics. The team, comprising two men and two women, is preparing in Mahabalipuram for the Aichi-Nagoya Asian Games, where surfing makes its continental debut and offers Olympic quota places.
The Supreme Court resumed hearing pleas challenging the Maharashtra Speaker's decision regarding the Eknath Shinde-led Shiv Sena MLAs and the Election Commission's recognition of the Shinde faction as the "real" Shiv Sena. Senior advocate Neeraj Kishan Kaul, representing the Shinde camp, argued that the EC has jurisdiction under Article 324 to examine a party's democratic character and organisational structure, especially when the Thackeray faction's constitution was not registered with the poll panel. He emphasised that the Shinde faction's case is based on a split within the political party, not just its legislative wing, citing cadre discontent. The hearing remains inconclusive.
Actress Bipasha Basu has raised concerns over food safety and the quality of packaged food after claiming that she found several tiny worms inside a newly opened food container, prompting her to seek intervention from Maharashtra FDA Commissioner Tukaram Mundhe.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
Mandaadi may follow a familiar sports-drama rulebook, but its thrilling boat races, terrific performances and mass moments make the ride well worth taking.
The Bombay High Court has declined to issue a prohibitory order against Maratha quota activist Manoj Jarange's proposed protest march to Mumbai, stating that the Maharashtra government is fully capable of managing any potential law and order situation. The court emphasised the right to protest in a democratic country and directed the government to ensure Jarange receives medical assistance if needed.
A POCSO court in Assam's Dhubri district has sentenced Utpal Ray to death for the rape and murder of a four-year-old girl in 2023, terming the crime "rarest of rare". The convict also received life imprisonment for rape and other sentences for related offences.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.
A special five-member NCLT bench has issued notices to all parties in Subhash Chandra's personal insolvency case and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly, following a split verdict on a repayment plan.
'I will never say never to a sequel.'
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.
