The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.
Professional Punch Boxing is set to host its 14th edition in November, aiming to provide Indian fighters with competitive bouts and international exposure. The series, launched in 2017 and sanctioned by the Indian Boxing Council, has previously featured boxers from over 12 countries, offering a platform for domestic talent to build their careers.
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
Indian shooter Rudrankksh Patil secured a bronze medal at the Asian Games in the men's 10m air rifle event, expressing mixed feelings about his performance and a long-standing frustration over not receiving the Arjuna Award despite his world champion status and multiple achievements. He also reflected on past setbacks and the mental challenges of elite sport.
The All India Football Federation (AIFF) has announced that the 2026-27 Indian Football League (IFL) season will begin on October 30. Following a successful 2025-26 season with significantly increased viewership, the upcoming season will feature new regulations, including a limit of three foreign players on the pitch, and an expanded footprint with new venues in Nagaland and Odisha. Discussions also covered the IFL Charter, budget, and broadcast partnerships.
Pakistan has formally requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. The tournament is scheduled for October 27 to November 5 in Mohali and Jalandhar. This request follows earlier claims of Pakistan's participation and past withdrawals from events in India.
Eighteen-year-old Indian shooter Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games, marking his senior continental debut.
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.
'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'
Brazil football legend Cafu has advised the Indian national team to view their upcoming friendly against Brazil on October 3 in Kolkata as a crucial learning experience rather than just a spectacle. He emphasised the match's importance for India's preparation for the 2030 World Cup cycle and highlighted Brazil's deep connection with Kolkata, referencing Pele's historic visit. Cafu also discussed the future of Brazilian football and his unique World Cup record.
Brazil's legendary captain Cafu advises the Indian national football team to view their upcoming friendly match against five-time world champions Brazil as a crucial learning experience for future World Cup cycles, rather than just a spectacle. He highlights Brazil's strong connection with Kolkata and identifies promising young Brazilian talents for the future.
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.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.
The ongoing US conflict with Iran has cost the Trump administration an estimated $45.1 billion, according to a Pentagon estimate provided to the US Congress on Friday, CNN reported, citing two sources familiar with the matter.
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
Commonwealth silver medallist Rishikanta Singh, India's only male weightlifter in the Asian Games squad, has been ruled out of the upcoming continental event due to a knee injury, leaving the team with only four female lifters.
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 Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
Jammu and Kashmir Chief Minister Omar Abdullah has expressed support for the Centre's decision to levy charges on UPI transactions, citing the cost of maintaining the digital payment infrastructure. However, he emphasised the need to protect retail consumers from these fees. Abdullah also discussed the upcoming seven-day Assembly session, highlighting the government's commitment to smooth functioning and addressing MLAs' concerns, and touched upon efforts to tackle drainage issues affecting water bodies.
Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.
Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.
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.
Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.
'It is not about a place with fewer incidents of violence but a city where women have real agency in planning their daily lives.'
Khalin Joshi has extended his lead to two shots at the inaugural Rs 1 crore Nava Raipur Open after a bogey-free four-under 30 in the second round. The Bengaluru golfer now stands at nine-under 59, showcasing consistent ball-striking despite challenging weather conditions that shortened rounds to nine holes.
HCL Group, a USD 14.8 billion conglomerate, has announced a new partnership with the DP World Professional Golf Tour of India (PGTI). This collaboration aims to leverage technology and innovation to strengthen India's professional golf ecosystem, broaden the sport's reach, and enhance experiences for players, fans, and partners.
The Boxing Federation of India (BFI) has announced its comprehensive selection policy for the 2028 Los Angeles Olympics. The policy outlines a four-stage qualification pathway, with medallists from the 2026 Asian Games directly qualifying for the 2027 World Boxing Championships, which serves as the first Olympic qualifier.
A look at some of the oldest, richest and famous Ganesh pandals in Mumbai.
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.
A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in connection with an NIA case involving a drone warfare training camp linked to ethnic armed groups in Myanmar. The bail was granted on a personal bond of Rs 1 lakh, with conditions to remain in Delhi and cooperate with the investigation. The NIA's chargesheet did not invoke UAPA provisions, instead citing the Immigration and Foreigners Act, leading to the default bail.
A 33-year-old gym owner, Kalyan Bainsla, has been arrested in Rajasthan for allegedly ramming his car into a woman biker, Shivani Chauhan, on Gurugram's Golf Course Road. The incident, captured on video, led to charges of attempt to murder and stalking after police investigation revealed alleged indecent comments and deliberate intent to harm. Bainsla's cousin and another friend have also been detained.
Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.
India's Pranavi Urs finished Tied-9 after the rain-affected first round of the La Sella Open golf tournament in Spain, carding a 3-under score. Italian Anna Zanusso leads the field, while other Indian golfers like Diksha Dagar, Avani Prashanth, Vani Kapoor, and Hitaashee Bakshi also competed, with varying results.
The flag-hoisting ceremony for the Asian Games, involving India and five other contingents, was significantly delayed due to "miscommunication" between the Olympic Council of Asia (OCA) and the local organising committee (ANAGOC). The disruption, which lasted over an hour, initially caused confusion and speculation about political issues, but organisers later clarified it was a communication breakdown, adding to existing organisational challenges for the event.
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.
SpaceX, led by Elon Musk, is establishing an in-house foundry in Bastrop, Texas, to produce high-spec gas turbine blades and vanes. This strategic move aims to alleviate a critical supply chain bottleneck hindering power generation for AI data centres in the US and accelerate natural gas turbine availability by up to 18 months. The facility will also leverage synergies with aerospace component manufacturing.
India's Asian Games athletics team has been reduced from 77 to 74 members, with javelin thrower Annu Rani, long jumper Shahnavaz Khan, and sprinter Nithya Gandhe dropped due to performance and medical reasons after a confirmatory trial.
Veteran Indian shuttler H S Prannoy discusses his likely final Asian Games appearance and his long-term Olympic aspirations for LA 2028. Doubles specialist Chirag Shetty urges the Indian men's badminton team to go for gold, reflecting on their previous silver medal and the team's strong cohesion.
