Thirty-eight people, including 34 passengers, were safely rescued after a ferry suffered an engine breakdown off the Gateway of India in Mumbai. Police, alerted to the incident, coordinated with a local boat operator to tow the stranded vessel 'Anwari' back to shore.
The Uttarakhand Special Task Force (STF) has busted an illegal digital telephone exchange in Kashipur, Udham Singh Nagar district, leading to one arrest. The setup, operating as 'NS Enterprise', allegedly bypassed ILD gateways and facilitated automated calls linked to suspected cyber fraud. Investigations are ongoing, with seized equipment being analysed.
The Swadeshi Jagran Manch (SJM) has urged the Indian government to deny permission to Elon Musk's Starlink for commercial satellite broadband services, citing national security concerns. The RSS-affiliated organisation highlighted issues with data bypassing Indian gateways and the potential for misuse by hostile actors, advocating for indigenous solutions.
The Reserve Bank of India (RBI) has issued a consolidated cybersecurity rulebook for all non-bank payment system operators (PSOs), including annual system audits and third-party ATM switch providers, to address vulnerabilities posed by artificial intelligence.
The Enforcement Directorate has attached assets worth over Rs 23 crore in an ongoing money laundering investigation related to an alleged online betting network. The assets belong to Karnataka Congress MLA K C Veerendra, Gulshan Khattar, and Neha Tandon. Veerendra, arrested in August 2025, is considered the prime accused in the case, which stems from FIRs across multiple states concerning illegal online betting platforms like King567.
'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.
IndiGo and Air India Group will progressively shift flights from Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the newly built Navi Mumbai International Airport (NMIA) starting from December. This phased transition, expected to complete by the 2027 summer aviation season, aims to ease capacity constraints at CSMIA, facilitate its Terminal 1 redevelopment, and establish a dual-airport system for Mumbai, enhancing connectivity and future growth.
The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.
The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant UPI transactions above Rs 2,000. Originally set for October 15, the new date will be announced after Diwali, providing relief to users and merchants, especially during the festive season. The decision came amidst opposition concerns about the levy burdening consumers.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
Finance Minister Nirmala Sitharaman clarified that the proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is not a tax or cess, and its collections will not go to the government. She explained that MDR is a charge within the digital payments ecosystem, shared among participants to maintain infrastructure, and will not be passed on to consumers. The NPCI's new framework, effective October 15, applies a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, with most transactions remaining free and small merchants exempt.
American history teacher Eric Azevedo sings Hindi film songs on the streets of Mumbai, turning his passion for music into a way of life.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
Festival shoppers are increasingly turning to EMIs and other affordability options for high-value purchases, especially beyond metro cities.
UPI transactions saw a 27% volume increase and 20% value increase in the first half of the current fiscal year. Despite a slight moderation in September, the digital payment system is set to implement a 0.4% merchant discount rate on transactions over Rs 2,000, aiming for a sustainable revenue model. Small merchants and person-to-person payments remain exempt, and UPI's global presence continues to expand.
Finance Minister Nirmala Sitharaman has strongly refuted Opposition allegations that the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI transactions above Rs 2,000 was influenced by external pressure. She clarified that the decision was a professional one made by the payment ecosystem, not a government imposition or a tax on consumers, with collected funds distributed among banks and UPI entities to ensure a sustainable digital payments framework.
The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
Investors opening new brokerage accounts must choose a broker suited to their style.
Bollywood's divas glam up August with unusual glamour.
India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.
Polish envoy Piotr Antoni Switalski stated that Poland stands with India in the fight against terrorism, asserting his country's support for India's right to pursue terrorists globally, while also highlighting strong cultural and defence ties between the two nations.
The Delhi High Court has refused to grant wrestler Vinesh Phogat an interim exemption to participate in the women's selection trials for the 2026 Senior World Championships. The court stated that eligibility criteria apply uniformly to all athletes and granting an interim relief to Phogat, who recently returned from maternity leave, would lead to unequal treatment without a full adjudication of the policy's validity. Phogat had sought to challenge the Wrestling Federation of India's (WFI) circular on eligibility, arguing it unfairly excludes athletes returning from maternity.
World's Top 5 Airports of 2026 based on votes from passengers across the globe in the 2025-2026 World Airport Survey by SKYTRAX.
The Delhi High Court has urged the Wrestling Federation of India (WFI) to establish clear guidelines and timelines for female athletes returning to competitive sports after maternity leave. The court's observations came during a hearing for grappler Vinesh Phogat, who is seeking permission to participate in selection trials for the 2026 Senior World Championships after her maternity break. Justice Swarana Kanta Sharma highlighted the unfairness faced by women athletes post-childbirth and criticised the WFI's current policies, hinting at the need for a balanced framework.
India's UPI International payment system is now playing a crucial role in humanitarian efforts, enabling seamless disaster relief donations from Indian users to Nepal's Prime Minister Disaster Relief Fund, showcasing its growing global acceptance and utility beyond tourism. UPI IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Unsplash Key Points UPI International, initially for Indian tourists, is now facilitating disaster relief donations to Nepal's Prime Minister Disaster Relief Fund. The embassy of Nepal in India is actively encouraging Indian users to utilise their UPI apps for these contributions. This marks a significant shift, expanding UPI's cross-border use case beyond tourism to include inbound collection for foreign governments. The move positions UPI International alongside global payment giants like Alipay+ and UnionPay for international aid. Donors need to activate the UPI International feature on their apps to transact, with amounts converted from INR to NPR.
The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).
A group of 21 pilgrims from Tamil Nadu faced a terrifying ordeal during a pilgrimage to Mount Kailash when flash floods and mudslides struck Timure, Nepal. Despite being trapped in a raging torrent, a combination of miraculous coincidences, quick thinking, and the selfless heroism of a couple, Ratnakumar and Poonguzhali, ensured their survival. Indian and Tamil Nadu officials coordinated a swift rescue operation, bringing them safely back home.
India has formally identified 27 places and features in Arunachal Pradesh by their standard names on the official Indian map, a move aimed at countering China's repeated attempts to rename locations in the state. This action reinforces India's stance that Arunachal Pradesh is an integral part of the country, despite China's "fictitious names" for the region it calls Zangnan.
A maiden Test century is never just about three figures. It is a reflection of patience, perseverance, self-belief and the courage to wait for the right moment.
Bollywood actor John Abraham and cricket legend Jonty Rhodes unveiled the Rotterdam Dockers' team jersey for the inaugural European T20 Premier League, a new tournament featuring six city-based franchises across Europe.
Navi Mumbai International Airport (NMIA) has officially commenced its international flight operations with an Air India Express service to Abu Dhabi, marking a significant boost in connectivity for the Mumbai Metropolitan Region and establishing a new global gateway.
For 17 years, Mani Bhavan was Gandhi's Bombay home and nerve centre of the freedom movement.
The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.
Union Health Minister J P Nadda has launched the Unified Health Interface (UHI), an interoperable digital network under the Ayushman Bharat Digital Mission (ABDM). UHI aims to connect patients and healthcare providers across various digital platforms, addressing fragmentation in India's digital health ecosystem and improving access to verified services, especially in rural areas.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
