Search results for ' Transfer'

IIT Bombay student suicide: Professor to be questioned

IIT Bombay student suicide: Professor to be questioned

Rediff.com20 Sep 2026

The Crime Branch has taken over the investigation into the alleged suicide of a 22-year-old IIT Bombay student, Sahil Ravindra Wakode. Wakode was found dead after being caught using a mobile phone and ChatGPT during an exam. His parents have filed a complaint alleging institutional harassment and caste-based discrimination, leading to a protest by students. A professor has been named as an accused, and the Crime Branch is expected to summon them for questioning. This marks the third suicide at IIT Bombay in seven months.

Karnataka BJP ex-MP booked over Ganesha procession speech

Karnataka BJP ex-MP booked over Ganesha procession speech

Rediff.com20 Sep 2026

Former BJP MP Pratap Simha has been booked by police in T Narasipura, Mysuru, for allegedly delivering a provocative speech during a Ganesha idol procession. The FIR was registered following a complaint by a PSI, accusing Simha of making derogatory remarks against an inspector. Simha claims the FIR is politically motivated and vows to challenge it in court.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com15 Sep 2026

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

Swadeshi Jagran Manch Calls For Government To Reconsider UPI Transaction Fee

Swadeshi Jagran Manch Calls For Government To Reconsider UPI Transaction Fee

Rediff.com16 Sep 2026

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.

Is Paying Through Your Bank Safer Than UPI?

Is Paying Through Your Bank Safer Than UPI?

Rediff.com2 Sep 2026

Can your money be protected against online frauds like hacking, digital arrests, etc?

CJP threatens 'Jantar Mantar 2.0' if CEC doesn't resign

CJP threatens 'Jantar Mantar 2.0' if CEC doesn't resign

Rediff.com5 days ago

The Cockroach Janta Party (CJP) has called for the resignation of Chief Election Commissioner Gyanesh Kumar, alleging he has 'undermined' voter rights by excluding over 13 crore names from draft electoral rolls across 30 states and Union territories during the Special Intensive Revision (SIR) exercise.

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Rediff.com21 Sep 2026

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Rediff.com6 days ago

Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.

Supreme Court grants bail to NSCN-M militant after 17 years in jail

Supreme Court grants bail to NSCN-M militant after 17 years in jail

Rediff.com7 Sep 2026

The Supreme Court has suspended the sentence of Hopeson Nignshen, a self-styled NSCN(M) "lieutenant", who was convicted for the abduction and killing of three Manipur government officials in 2009. Nignshen has been incarcerated for over 17 years, and his appeal is still pending. The suspension comes with the condition that he remains within Delhi until his appeal is disposed of.

Arsenal boss Arteta relishes first Premier League battle with close friend Alonso

Arsenal boss Arteta relishes first Premier League battle with close friend Alonso

Rediff.com4 Sep 2026

Mikel Arteta is relishing his first Premier League meeting with close friend Xabi Alonso, calling it an incredible opportunity as Arsenal host Chelsea in a clash between unbeaten sides.

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Rediff.com16 Sep 2026

The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.

All about UPI charges: Will merchants pass on MDR to customers?

All about UPI charges: Will merchants pass on MDR to customers?

Rediff.com16 Sep 2026

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.

Gujarat Vs Kerala: A Tale Of Two States

Gujarat Vs Kerala: A Tale Of Two States

Rediff.com4 days ago

Comparing the two states is comparing an apple to an orange. I ate apples for years. Then I felt I needed some citrus, and I moved to oranges. That doesn't make the apple a lesser fruit, reflects Binu Alex.

Why Autonomous AI Agents Pose A Global Security Risk

Why Autonomous AI Agents Pose A Global Security Risk

Rediff.com3 days ago

An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.

How Microplastics Act As Trojan Horses For Contaminants

How Microplastics Act As Trojan Horses For Contaminants

Rediff.com7 Sep 2026

A new review reveals that microplastics are not just pollutants but also act as carriers for toxic chemicals, microorganisms, and antibiotic resistance genes across various environmental compartments. This "Trojan horse effect" allows them to transport persistent organic pollutants and heavy metals, releasing them into organisms upon ingestion. Additionally, microplastics foster microbial communities, known as the plastisphere, which can accelerate the spread of antimicrobial resistance, amplifying ecological hazards.

Banks Brace for 3-Day Strike

Banks Brace for 3-Day Strike

Rediff.com22 Sep 2026

Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.

Champat Rai's driver held keys to donation boxes: SIT chargesheet

Champat Rai's driver held keys to donation boxes: SIT chargesheet

Rediff.com4 days ago

A nearly 70,000-page chargesheet filed by the Supreme Court-mandated SIT details the diversion of donations from the Ram temple in Ayodhya, revealing a network of eight accused who allegedly removed, concealed, and distributed pilfered funds during cash-counting, supported by 105 CCTV instances and thousands of text messages.

The 4 Biggest EPL Signings of 2026

The 4 Biggest EPL Signings of 2026

Rediff.com2 Sep 2026

The Premier League once again led the global transfer market in 2026, with clubs making significant investments in top talent. This summer saw four major signings exceeding 100 million, including Enzo Fernandez to Manchester City, Bradley Barcola to Liverpool, Morgan Rogers to Chelsea, and Elliot Anderson also to Manchester City, highlighting the league's financial power and ambition.

MPs Express Alarm Over New UPI Merchant Fee

MPs Express Alarm Over New UPI Merchant Fee

Rediff.com16 Sep 2026

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.

Granite Baron POCSO Case: Ex-Employee Held For Video, Financial Probe Widens

Granite Baron POCSO Case: Ex-Employee Held For Video, Financial Probe Widens

Rediff.com22 Sep 2026

The Central Crime Branch has arrested Ganesan, a former employee of Gem Granites, for possessing video evidence in the POCSO case against industrialist R Veeramani. The arrest comes as police intensify their probe into multi-crore financial transactions allegedly linked to the case, involving influential individuals and attempts to suppress the investigation.

Gurugram collapses in rains, Great Noida better-planned: SC

Gurugram collapses in rains, Great Noida better-planned: SC

Rediff.com22 Sep 2026

The Supreme Court has raised concerns regarding Bengaluru's Premium Floor Area Ratio (FAR) scheme, questioning its impact on urban infrastructure. The court cited Gurugram's infrastructure collapse during rains as a cautionary tale, contrasting it with Greater Noida's planned development. The scheme allows property owners to purchase additional construction rights, but petitioners argue it strains existing infrastructure and could regularise illegal constructions.

Barcelona sign Gabriel Jesus amid growing Julian Alvarez speculation

Barcelona sign Gabriel Jesus amid growing Julian Alvarez speculation

Rediff.com1 Sep 2026

Barcelona have signed Gabriel Jesus from Arsenal on a three-year deal, strengthening their attack while speculation continues over Julian Alvarez amid Atletico Madrid's reluctance to sell.

Meet Mohammed Rafi's 'Only Official' Student

Meet Mohammed Rafi's 'Only Official' Student

Rediff.com2 days ago

'Manoj Kumarji had tears in his eyes after hearing my dad sing Mera Rang De Basanti Chola. He said, 'This is my voice for my desh bhakti songs".'

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

SC judge sends 4th letter against Rajasthan HC judge to CJI

SC judge sends 4th letter against Rajasthan HC judge to CJI

Rediff.com7 Sep 2026

Supreme Court Justice Sandeep Mehta has sent a fourth letter to CJI Surya Kant, reiterating and expanding allegations against Rajasthan High Court judge Sanjeev Prakash Sharma, accusing him of judicial interference, breaching confidentiality, and administrative abuse, further deepening a significant judicial controversy.

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Rediff.com18 Sep 2026

A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.

Why Opposition Calls New UPI MDR A Surrender To US Pressure

Why Opposition Calls New UPI MDR A Surrender To US Pressure

Rediff.com16 Sep 2026

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.

Pregnant woman kicked by UP cops dies; 6 suspended

Pregnant woman kicked by UP cops dies; 6 suspended

Rediff.com15 Sep 2026

Six police personnel, including two sub-inspectors, have been suspended in Firozabad after allegedly kicking a pregnant woman during an arrest, leading to her death. The woman's family claims she was kicked in the abdomen while pleading for her husband's release. She later gave birth prematurely and died, while her newborn remains in critical condition. Villagers protested the police action.

Opposition Demands Rollback Of UPI MDR Fee, Cites US Pressure

Opposition Demands Rollback Of UPI MDR Fee, Cites US Pressure

Rediff.com16 Sep 2026

The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.

Why Opposition Calls UPI MDR A Betrayal And US Appeasement

Why Opposition Calls UPI MDR A Betrayal And US Appeasement

Rediff.com16 Sep 2026

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.

Congress Slams Government Over New UPI Charges, Cites US Pressure

Congress Slams Government Over New UPI Charges, Cites US Pressure

Rediff.com16 Sep 2026

The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".

Mattannur Shuhaib Murder: Court Dismisses Accused's Transfer Plea

Mattannur Shuhaib Murder: Court Dismisses Accused's Transfer Plea

Rediff.com6 Jun 2026

A court in Kerala dismissed a petition filed by the accused in the Mattannur Shuhaib murder case, seeking to transfer the trial to another court. The Thalassery Additional Sessions Court also rejected a separate plea to stay the trial proceedings in the high-profile 2018 murder case of Youth Congress leader S P Shuhaib.

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Rediff.com17 Sep 2026

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.

The Tukaram Mundhe-Themed Ganeshotsav

The Tukaram Mundhe-Themed Ganeshotsav

Rediff.com19 Sep 2026

Nikhil Rasal from Satara and Adarsh Mitra Mandal of Gharat Aali, Alibag, have used their Ganpati decorations to highlight the work and public service associated with Tukaram Mundhe, commissioner of food and drug administration turning the festival into a platform for social awareness.

Tottenham Hotspur sign Brazil winger Savinho from Manchester City

Tottenham Hotspur sign Brazil winger Savinho from Manchester City

Rediff.com25 Aug 2026

Tottenham Hotspur have significantly boosted their squad by signing Brazil winger Savinho from Manchester City, pushing their close-season spending beyond 300 million under manager Roberto De Zerbi, following a narrow escape from relegation last season.

Tukaram Mundhe: 'My Vested Interest Is...'

Tukaram Mundhe: 'My Vested Interest Is...'

Rediff.com26 Aug 2026

'I have a vested interest -- to serve the people of Maharashtra and ensure safe food. That is my vested interest, if at all there is one.'

Judge who awarded 23 death sentences questions recall of 97 cases

Judge who awarded 23 death sentences questions recall of 97 cases

Rediff.com18 Sep 2026

Additional District and Sessions Judge Ravi Kumar Diwakar of Muzaffarnagar has publicly questioned the administrative recall of 97 serious criminal cases from his court. His remarks, made in an acquittal order, highlight concerns about judicial independence and the legality of withdrawing "part-heard" cases without proper procedure, especially after he had delivered 23 death sentences.

Cyber frauds threaten Mumbai woman with terror case, steal Rs 7.21 cr

Cyber frauds threaten Mumbai woman with terror case, steal Rs 7.21 cr

Rediff.com28 Aug 2026

A 68-year-old Mumbai resident was defrauded of Rs 7.21 crore by cyber criminals who threatened her with false accusations of money laundering and terror funding. The fraudsters coerced her into transferring funds to bank accounts and a cryptocurrency wallet after impersonating officials from various agencies.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Rediff.com17 Sep 2026

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.