The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
A comprehensive schedule detailing the events and timings for Indian athletes participating in various sports at the Asian Games, including badminton, boxing, canoeing, equestrian, fencing, hockey, kabaddi, rowing, soft tennis, sepaktakraw, shooting, squash, swimming, table tennis, weightlifting, and wushu.
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.
BSP chief Mayawati has criticised the Centre's decision to introduce a 0.4 per cent fee on UPI merchant transactions exceeding Rs 2,000, effective October 15. She termed it a "capitalist profiteering attitude" that burdens the common people, while the government clarified that the charge is on merchants and not customers for person-to-person transactions.
Satnam Singh and Salman Khan secured India's first-ever men's double sculls bronze medal at the Asian Games in Nagoya, a significant achievement amidst a backdrop of internal team controversy regarding last-minute crew changes. The performance, however, highlighted one of India's worst rowing showings in Asian Games history, equalling previous low tallies.
Beauty and lifestyle retailer Nykaa has announced a multi-year collaboration with OpenAI to integrate AI-driven shopping experiences through ChatGPT. This partnership will allow users to receive conversational recommendations for beauty and fashion products, with Nykaa fulfilling these queries. Additionally, OpenAI's technologies will be deployed across Nykaa's internal operations to boost productivity.
Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.
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.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
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.
A new study from Stanford University suggests the human brain may have evolved as two independent organs, challenging the long-held belief of a single progenitor cell. Researchers found two parallel nervous systems developing without intersection, which could explain difficulties in growing hindbrain neurons in labs and open new avenues for treating neurological diseases.
The new Mac mini stays true to its reputation: It is small on the outside but surprisingly powerful on the inside. But is it worth the price tag?
The Indian government has introduced a 0.4 per cent charge on UPI payments exceeding Rs 2,000 made to merchants, with a cap of Rs 300 for transactions of Rs 75,000 and above. This policy shift ends the zero-MDR regime, which was previously criticised by financial institutions. While essential sectors and capital markets have specific fee structures, small merchants with monthly UPI QR code earnings up to Rs 1 lakh remain exempt. Person-to-person transfers are unaffected, and measures are in place to prevent merchants from passing these costs to customers.
Khalin Joshi retained his one-shot lead after the third round of the inaugural Nava Raipur Open, despite a challenging day on the course. Heavy rain forced the tournament to be played over the back nine, with Angad Cheema emerging as his closest competitor.
Fintech firm BharatPe has publicly supported the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers over Rs 2,000. The company has also distanced itself from its former co-founder Ashneer Grover's strong criticism of these changes, stating his remarks are personal and do not reflect BharatPe's official position. BharatPe believes the new framework will strengthen digital payment economics while protecting consumers and small merchants.
Defending champions India faced significant organisational issues upon arrival in Samarkand for the Chess Olympiad, experiencing a five-hour delay in hotel room allotment. Players and coaches, including Grandmasters Srinath Narayanan and Vidit Gujrathi, expressed frustration over the poor arrangements for the prestigious FIDE tournament.
The Tamil Nadu government has constituted an all-women Special Investigation Team (SIT) to probe the sensational POCSO case against granite baron R Veeramani (84), who is accused of sexual abuse of minor girls. The case has led to the easing out of two top IPS officers and allegations of delayed action and political interference.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
The Indian men's badminton team secured a bronze medal at the Asian Games after a 1-3 defeat to China in the semifinals. Despite a strong performance from Satwiksairaj Rankireddy and Chirag Shetty, who won their doubles match, singles players Lakshya Sen and Ayush Shetty were unable to overcome their higher-ranked Chinese opponents. This marks India's first back-to-back Asian Games team medals in 40 years.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
The ceremonial torch for the Chess Olympiad 2026 in Samarkand, Uzbekistan, was handed over by FIDE Interim President Viswanathan Anand and AICF president Nitin Narang to Uzbek player Javokhir Sindarov. This event marks the official countdown to the prestigious team competition, continuing a tradition started by FIDE in 2022 to build excitement for the global chess event.
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
India's shooting campaign at the Asian Games faced a setback as Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final, extending the country's wait for a gold medal. Despite strong qualification, the Indian pair struggled in the final, while China secured gold with a world record. This follows other near-misses for India, highlighting the intense competition and the need to convert strong starts into medals. The focus now shifts to upcoming events, including Manu Bhaker's participation.
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.
IIT Bhubaneswar and IIT (Indian School of Mines) Dhanbad have signed a Memorandum of Understanding to enhance research collaboration and academic interactions, particularly in semiconductor and basic sciences. The agreement facilitates joint research projects, doctoral student supervision, faculty and student exchanges, and shared experimental resources, aiming to advance knowledge and create lasting impact.
Defending champions India began their Asian Games campaign with a dominant 13-1 victory over Indonesia in their opening Pool A match. Striker Dilpreet Singh led the charge with four goals, supported by braces from Shilanand Lakra and Sukhjeet Singh. India's focus remains on securing the gold medal and a direct qualification for the 2028 Los Angeles Olympics.
The Indian men's chess team defeated Italy 3-1, with Nihal Sarin and D Gukesh securing key wins. The women's team also achieved a dominant 3.5-0.5 victory against Greece, maintaining their strong position in the 46th Chess Olympiad.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
Air India has been issued a show-cause notice by the ministry of civil aviation after three Italian nationals travelled from Amritsar to Delhi and then to Munich without obtaining mandatory departure immigration clearance, highlighting a 'serious security and immigration-related lapse'.
A comprehensive schedule outlines the participation of Indian athletes across various disciplines at the Asian Games on September 23, including key events in badminton, boxing, shooting, hockey, and weightlifting, with several athletes vying for qualification and medal rounds.
BJD chief Naveen Patnaik has voiced concerns over the Centre's decision to introduce Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 from October 15, urging protection for small traders and common people. This move has sparked a political debate, with the BJP defending the charges as beneficial for digital infrastructure and largely not impacting consumers, while the Congress and traders' associations criticise it as an additional burden.
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.
Double Olympic medallist Manu Bhaker and defending shot put champion Tajinderpal Singh Toor have been selected as India's flag-bearers for the Asian Games opening ceremony. This decision highlights the significant contributions of shooting and athletics to India's medal tally, with a 158-strong contingent participating in the event.
India's women's 10m air rifle team, comprising Sonam Uttam Maskar, Elavenil Valarivan, and Vidarsa Vinod, secured a silver medal at the Asian Games, marking the country's first medal in shooting. The trio finished second behind China, with Sonam and Elavenil also qualifying for the individual finals, raising hopes for more medals.
India experienced a mixed day at the Asian Games, with skeet shooters and rowers adding to the medal tally, and wushu player Roshibina Devi securing a silver. While kabaddi and hockey teams continued their winning streaks, boxing, gymnastics, and fencing saw disappointments. The overall medal count reached 15, with only one gold so far.
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.
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.
