Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.
Rinku Singh is making the most of his break in the UK, swapping cricket for football and basketball.
The Supreme Court has refused to quash proceedings under the Prevention of Corruption Act against former NSE MD and CEO Chitra Ramkrishna, stating that the trial court will determine whether she can be considered a 'public servant' under the Act.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
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.
Thank you, Dear Readers, for sharing your pictures of Lord Ganesha.
Sanjukta Parashar, an IPS officer with a formidable background in counter-insurgency, has made history by becoming the first woman inspector general of the CRPF's elite CoBRA force.
Indian para shooters Millie Shah, Mona Agarwal, and Avani Lekhara secured a gold medal in the R2 women's 10m air rifle standing SH1 team event at the Changwon 2026 WSPS Para Shooting World Championships. The men's team also won silver, and individual medals were claimed by Mona Agarwal (silver) and Avani Lekhara (bronze), significantly boosting India's medal tally.
A minor argument over a matchbox in northwest Delhi escalated into a fatal stabbing incident, leaving one man dead and another injured. Police have apprehended three individuals, including the main accused who allegedly used a knife, following the Tuesday night incident in Keshav Puram.
Salman Khan gets the Ganpati rituals wrong, and sister Arpita Khan Sharma sweetly guides him.
PAYD suits infrequent drivers who can estimate annual mileage.
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.
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.
India's first Archery World Cup Final male gold-medallist, Dhiraj Bommadevara, has inspired the national team ahead of the Asian Games. Dola Banerjee, India's first World Cup Final gold-medallist, believes his triumph will boost confidence and help the team surpass its previous medal haul, despite a new-look squad.
A newcomer to non-vegetarian cooking, Divya Nair shares a recipe of prawns ghee roast, spice perfected to her son's liking.
India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
Afghanistan head coach Richard Pybus has identified key areas for improvement in the team's white-ball game following their T20I series loss to India. He stressed the need for better quality pitches at home to develop players and called for a significant increase in the team's strike rate and a reduction in dot balls, especially during the Powerplay.
Shilpa Shetty danced to dhol beats during Ganpati visarjan with her family in Mumbai.
Tamil Nadu Chief Minister C Joseph Vijay's planned meet-and-greet sessions with the Tamil diaspora in London have been cancelled due to public safety concerns and directives from the Metropolitan Police. The TVK party appealed to supporters to refrain from gathering, as CM Vijay is in the UK to attract investments, having already secured agreements worth Rs 12,300 crore.
Megastar Amitabh Bachchan has submitted plans to the Ayodhya Development Authority for a dharamshala named after his father, Harivansh Rai Bachchan. The facility, expected to have over 20 rooms, aims to provide accommodation for devotees visiting Ayodhya. The proposal is currently undergoing public review before final approval.
India, having already secured the T20 series against Afghanistan, is likely to experiment with its playing XI in the third and final match in New Delhi. This provides an opportunity for players like Vaibhav Sooryavanshi and others on the bench to get game time before the Asian Games, while Afghanistan aims for an improved performance to boost morale.
Pakistan's government is exploring measures, including potential smart lockdowns and austerity, to reduce petroleum consumption. This comes after recent fuel price hikes driven by rising global oil prices and West Asia tensions, which have also raised concerns about oil supply disruptions. The government is also implementing a fuel relief scheme and faces public pressure over the price increases.
'Details of accounts such as the name, email id associated with the account, the IP address will now be shared with law enforcement agencies, which will help track down offenders faster.'
The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
India's passenger vehicle (PV) exports saw a 17 per cent year-on-year decline in August, contrasting sharply with a 36.5 per cent surge in domestic dispatches, which reached a record high for the month as automakers prepared for the festive season.
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.
Punjab Police have successfully dismantled three significant drug and illegal arms supply networks in Amritsar, leading to the arrest of eight individuals. The operations resulted in the recovery of over 9.5 kg of heroin, 5.4 kg of opium, and a pistol. Investigations suggest links to foreign-based smugglers using drones for consignments, with further probes underway to uncover the full extent of the trafficking network.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
From the adorably vain Poo to the free-spirited Geet, Kareena Kapoor Khan has delivered some memorable performances.
Kanika Mann has the kind of bubbly energy that makes it impossible not to notice her. And while comparisons to Alia Bhatt may follow her around, Kanika is clearly busy carving out a style identity of her own.
'Nitishji as CM never supported the UCC and publicly expressed his strong reservations over UCC.'
The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
There are 9.5 candidates for every engineering job at the zero-to-three-year level.
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.
'He played himself in and he started hammering the balls only later. If he keeps on doing that, I don't think he'll ever fail.'
'I got back on the show after taking medication and doing whatever I could to ease the pain in my elbow. But when it happened again, I realised I couldn't take it anymore because, going forward, it could hamper my recovery.'
Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.
