Search results for ' Transfer'

New Research Explains Why Venus's Moon May Have Crashed Into It

New Research Explains Why Venus's Moon May Have Crashed Into It

Rediff.com15 Sep 2026

New research suggests that Venus's slow spin rate and strong gravity likely caused any hypothetical moon it once had to crash into the planet. This study, led by astrophysicist Stephen Kane, models planetary interactions and indicates that Venus did not require a catastrophic event to lose a moon, but rather its inherent physical properties led to its absorption. This finding has implications for understanding moon retention in other slowly rotating terrestrial planets.

Odisha Police Officer Transferred Amid Torture Claims

Odisha Police Officer Transferred Amid Torture Claims

Rediff.com31 May 2026

An inspector in charge of a police station in Odisha's Cuttack district has been transferred following allegations that a man was tortured by police for refusing to identify a body as that of his missing wife.

'Tatas May Challenge RBI's Decision'

'Tatas May Challenge RBI's Decision'

Rediff.com15 Sep 2026

'...but should prepare for listing unless a court grants effective interim relief.'

Assam Demolition Drive Faces HC Scrutiny

Assam Demolition Drive Faces HC Scrutiny

Rediff.com19 Sep 2026

The Gauhati high court has questioned the legality of the demolition of 21 dwelling units on private agricultural land in Goalpara, saying the action appeared prima facie illegal and unauthorised and may have involved misuse of the Disaster Management Act.

SBI's Rs 15 Lakhs-Rs 15,000 Scholarships For School, UG, PG Students

SBI's Rs 15 Lakhs-Rs 15,000 Scholarships For School, UG, PG Students

Rediff.com31 Aug 2026

The SBI Platinum Jubilee Asha Scholarship is one of India's major scholarship programmes, designed to support meritorious students from economically weaker sections. The scholarship covers students from Class 9 onwards, including those pursuing higher education in India and abroad, helping ensure that financial constraints do not stand in the way of quality education.

Manchester City sign 18-year-old Morocco midfielder Bouaddi for $117 million

Manchester City sign 18-year-old Morocco midfielder Bouaddi for $117 million

Rediff.com27 Aug 2026

Manchester City has officially signed midfielder Ayyoub Bouaddi from French club Lille on a five-year contract.

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

Rediff.com16 Sep 2026

A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.

Paytm CEO Foresees Increased Profitability From New UPI Charges

Paytm CEO Foresees Increased Profitability From New UPI Charges

Rediff.com16 Sep 2026

Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Rediff.com15 Sep 2026

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Rediff.com30 Aug 2026

Chelsea have completed the signing of World Cup-winning goalkeeper Emiliano 'Dibu' Martinez from Aston Villa on a three-year deal, strengthening their squad ahead of the new season.

Recipe: Eggs With Potato Hash And Walnut Pesto

Recipe: Eggs With Potato Hash And Walnut Pesto

Rediff.com7 Sep 2026

Golden, seasoned potatoes are topped with an egg to your liking and a dollop of fresh walnut basil pesto for a tasty start to your day.

Madhya Pradesh's hooch tragedy has a UP connection

Madhya Pradesh's hooch tragedy has a UP connection

Rediff.com7 Sep 2026

A hooch tragedy in Sagar, Madhya Pradesh, has claimed 11 lives, with investigations pointing to a suspected link with cheaper spurious liquor supplied from neighbouring Uttar Pradesh. This incident echoes previous tragedies in the Bundelkhand region, highlighting the ongoing issue of cross-border alcohol trade.

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

Rediff.com17 Sep 2026

CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

Lionel Messi set to buy Spanish second-tier club CD Eldense

Lionel Messi set to buy Spanish second-tier club CD Eldense

Rediff.com9 Sep 2026

Football superstar Lionel Messi is reportedly nearing a deal to acquire Spanish second-tier club CD Eldense, adding to his growing portfolio of football ownership interests. The acquisition, which involves taking over all shares from majority owner TH Soluciones Group S.A.S, is pending approval from Spain's High Council for Sports (CSD).

Gurugram Police SHO Transferred After Head Constable Caught In Bribe Scandal

Gurugram Police SHO Transferred After Head Constable Caught In Bribe Scandal

Rediff.com13 Jun 2026

A Head Constable at Manesar Women Police Station was caught accepting a Rs 50,000 bribe by the Anti-Corruption Bureau, leading to the immediate transfer of the station's SHO and a departmental inquiry for lack of supervision.

Atletico Madrid CEO: Julian Alvarez will 'never, ever' be sold to Barcelona

Atletico Madrid CEO: Julian Alvarez will 'never, ever' be sold to Barcelona

Rediff.com28 Aug 2026

Atletico Madrid chief executive Miguel Angel Gil Marin has vehemently rejected Barcelona's attempts to sign Julian Alvarez, accusing the Catalan club of dishonesty and stating that the Argentine forward will 'never, ever' be sold to them. This comes after Barcelona's president expressed continued interest in Alvarez.

BJP names babu who took VRS as candidate for Nagaon LS bypoll

BJP names babu who took VRS as candidate for Nagaon LS bypoll

Rediff.com11 Sep 2026

The BJP has announced former IAS officer Debashish Sharma as its candidate for the upcoming Nagaon Lok Sabha bypoll in Assam. Sharma, who recently took voluntary retirement as Nagaon District Commissioner, joined the BJP and secured the party ticket within days. The by-election is scheduled for October 6, with counting on October 9. The seat was previously held by Pradyut Bordoloi of Congress, who later joined BJP. A complaint has been filed against Sharma regarding his tenure as DC.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com17 Sep 2026

The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.

Real Madrid Bolster Defence With Free Transfer Of France Star Ibrahima Konate

Real Madrid Bolster Defence With Free Transfer Of France Star Ibrahima Konate

Rediff.com18 Jun 2026

Real Madrid have secured France defender Ibrahima Konate on a free transfer from Liverpool, signing him until June 2030.

7 Scams That Can Empty Your Bank Account

7 Scams That Can Empty Your Bank Account

Rediff.com15 Sep 2026

A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.

Experts Call For Localised AI To Serve India's Unique Needs

Experts Call For Localised AI To Serve India's Unique Needs

Rediff.com12 Sep 2026

Experts at AI Manthan 2.0 in Kanpur stressed the need for Artificial Intelligence to be customised for India's specific requirements in education, healthcare, agriculture, and governance. Discussions highlighted the development of local language models, AI solutions for farmers like crop loss assessment and a single-window platform, and AI's role in healthcare for diagnosis and reducing doctors' workload, all while ensuring data privacy through federated learning.

'We Have Got A Gem': Teenager Bouaddi Steals The Show For Manchester City

'We Have Got A Gem': Teenager Bouaddi Steals The Show For Manchester City

Rediff.com9 Sep 2026

Eighteen-year-old Moroccan midfielder Ayyoub Bouaddi delivered a commanding performance on his first start for Manchester City, helping them secure a 2-0 Champions League victory against Porto.

Opposition Slams New UPI Charges, Questions GDP Calculation

Opposition Slams New UPI Charges, Questions GDP Calculation

Rediff.com16 Sep 2026

Opposition MPs have voiced strong criticism against the government's new fee on UPI payments exceeding Rs 2,000 to merchants, calling it "anti-people" and expressing widespread "outrage". The issue was raised in a Parliamentary Standing Committee meeting, where concerns were also flagged regarding the methodology of GDP growth calculation and the government's stance on Virtual Digital Assets.

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

Rediff.com16 Sep 2026

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.

Maresca on Rodri and Savinho: 'When Players Want to Leave...'

Maresca on Rodri and Savinho: 'When Players Want to Leave...'

Rediff.com21 Aug 2026

Manchester City manager Enzo Maresca has expressed comfort with his current squad despite ongoing transfer uncertainty, acknowledging that key players Rodri and Savinho have made their desire to leave clear, while the club remains prepared for further movements before the transfer window closes.

100 murder cases shifted from UP judge who sentenced 22 to death in 4 months

100 murder cases shifted from UP judge who sentenced 22 to death in 4 months

Rediff.com20 Aug 2026

Approximately 100 murder cases have been transferred from Additional District and Sessions Judge Ravikumar Diwakar's court in Muzaffarnagar to the District and Sessions Judge's court. This administrative order follows Diwakar's delivery of 22 death sentences in 10 cases over the past four months, which caused apprehension among lawyers and litigants regarding capital punishment.

AIFF Imposes Player Registration Ban On Churchill Brothers

AIFF Imposes Player Registration Ban On Churchill Brothers

Rediff.com3 Sep 2026

The All India Football Federation (AIFF) has imposed a national ban on Churchill Brothers FC Goa for player registration, following a directive from the FIFA Disciplinary Committee due to unpaid dues to English forward Kurtis Owen Guthrie. The Goan club, however, claims the matter has been resolved with full payment made and a request sent to FIFA to lift the ban.

Isak's Early Double Earns Liverpool Season's First Premier League Victory

Isak's Early Double Earns Liverpool Season's First Premier League Victory

Rediff.com5 Sep 2026

Liverpool secured their first Premier League victory under new manager Andoni Iraola, defeating promoted Ipswich Town 2-0. Alexander Isak scored both goals within the opening nine minutes, assisted by Cody Gakpo. The win moves Liverpool to fifth in the table, while Ipswich remains in 13th. New signing Bradley Barcola also made his debut.

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

Rediff.com17 Sep 2026

The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Rediff.com17 Sep 2026

Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

Rediff.com9 Sep 2026

The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.

UPI charges: Govt rejects rollback amid Opposition outcry

UPI charges: Govt rejects rollback amid Opposition outcry

Rediff.com17 Sep 2026

The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.

Enemies Beware! India Widens Missile Testing Infrastructure

Enemies Beware! India Widens Missile Testing Infrastructure

Rediff.com14 Sep 2026

Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.

Govt bars telecom infra firms from overseas data transfer

Govt bars telecom infra firms from overseas data transfer

Rediff.com24 Jul 2026

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.

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

Rediff.com16 Sep 2026

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.

India steps up as crucial petrol supplier to Russia amidst drone attacks on refineries

India steps up as crucial petrol supplier to Russia amidst drone attacks on refineries

Rediff.com30 Aug 2026

India has become a significant supplier of gasoline to Russia, with Indian refiners providing 1 million barrels in the last two months, as Ukrainian drone attacks severely disrupt Russia's domestic fuel production.

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Rediff.com15 Sep 2026

'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'

IIT Roorkee Inks Deal To Transfer Battery Technology

IIT Roorkee Inks Deal To Transfer Battery Technology

Rediff.com22 May 2026

The Indian Institute of Technology Roorkee has signed two technology transfer agreements with Cathion Energy Private Limited for the commercialisation of advanced lithium-ion battery electrode technologies.

Finance Ministry Rejects US Influence Claims On UPI MDR

Finance Ministry Rejects US Influence Claims On UPI MDR

Rediff.com17 Sep 2026

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.