The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Farhan Akhtar's directorial debut, Dil Chahta Hai, which released 25 years ago, redefined male bonding in Hindi cinema, moving away from the traditional macho template to offer a refreshing and breezy take on friendship, becoming a timeless classic.
Before Awarapan 2 tests his comeback, we revisit the 10 films that made Emraan Hashmi the ultimate frontbencher favourite.
India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.
The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.
Who says Galentine's should have all the fun? Girlfriends Day is the perfect excuse to dress up, head out and celebrate the women who make life brighter.
Defending the law for regulating appointment procedures of the chief election commissioner and the deputies, the Centre on Thursday told the Supreme Court that it would be wrong to assume that the prime minister and the other ministers would act in "bad faith" and against "democracy" because they have a numerical majority in the selection procedure.
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
Indian gymnast Protistha Samanta has successfully qualified for the women's vault final at the Commonwealth Games, finishing fifth in the qualification round. While Samanta secured her spot, fellow Indian gymnasts Pranati Nayak, Eshitaa Rewale, and Nishka Agarwal did not advance in individual or all-around events. The Indian women's team also finished ninth in the overall team competition.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
The Indian Parliament remains deadlocked as the Opposition, led by the Congress, insists on Prime Minister Narendra Modi's reply to discussions on alleged donation theft at the Ram temple in Ayodhya and student protests, rejecting the government's offer for Home Minister Amit Shah to respond.
Friendship Day is the perfect excuse to celebrate the people who make life a little more fun and your wardrobe might just reveal which one you are.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
Veteran commentator Harsha Bhogle has raised concerns over the appointment of 15-year-old Vaibhav Sooryavanshi as East Zone's vice-captain for the Duleep Trophy, citing his limited red-ball experience, while selectors defend the decision as a long-term learning opportunity.
Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.
The Bombay High Court has convicted former Tehelka editor Tarun Tejpal for the sexual assault of a junior colleague in 2013, overturning his 2021 acquittal by a trial court.
Indian selectors face a selection dilemma for the upcoming two-Test series against Sri Lanka, with Washington Sundar unlikely to be fit for the first Test, while senior all-rounder Hardik Pandya is set to return to white-ball cricket from August after recovering from injury.
Discover the top OTT releases this week, featuring a compelling mix of Hindi dramas like Imtiaz Ali's Main Vaapas Aaunga and Manoj Bajpayee's Governor, alongside regional and international titles.
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
Meet the man who is on mission mode to enforce hygiene standards in eateries and restaurants.
Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
Prime Minister Narendra Modi on Friday expressed concern over the repeated disruptions of parliamentary proceedings, stating that due to the turmoil in the House, the country has been unable to listen to the talented MPs elected in recent times.
World Championships medallist Vinesh Phogat announced that women wrestlers will appeal a Delhi court's decision to acquit former Wrestling Federation of India chief Brij Bhushan Sharan Singh and Vinod Tomar in a sexual harassment case.
Just in case the AGM, scheduled At the AGM, if it is held, a shareholders' vote on Chandra's renewal as a director on the Tata Sons board is unlikely but not ruled out.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.
Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
World Championships medallist Vinesh Phogat announced that women wrestlers will appeal a Delhi court's decision to acquit former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh and co-accused Vinod Tomar in a sexual harassment case. Phogat expressed deep sadness over the verdict and alleged that Singh used his influence to intimidate complainants, but affirmed the wrestlers' resolve to continue their fight for justice.
West Indies captain Roston Chase admitted that his side likely made an error in team selection for the second Test against Pakistan, underestimating the pitch's early assistance for spin and regretting the decision to field only one frontline spinner.
The Supreme Court, hearing pleas on the Shiv Sena split, observed that a political party retains control over its legislature wing and its valid decisions must prevail, but also advocated for granting 'elbow room' to elected representatives for political decisions if a majority 'genuinely disagree' with party directions.
In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by softer-than-expected US inflation data which has reinforced expectations of a less aggressive monetary policy stance from the Federal Reserve, providing relief to global risk assets.
Two days after a 36-day student agitation concluded at Jantar Mantar, the iconic protest site in New Delhi is already witnessing new demonstrations, including calls for Gorkhaland and women's reservation, alongside curious visitors documenting the aftermath.
