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.
The father of an IIT Bombay student who died by suicide has alleged that his son faced relentless caste-based mocking and torture from a professor and the administration. A police complaint has been filed, and an FIR registered against a professor for abetment of suicide and under the SC/ST Act. IIT Bombay has removed a Dean from his post following the allegations.
The driver of a speeding BMW involved in a fatal crash on Mumbai's Coastal Road, which killed three students, had a documented history of reckless driving and drunk and disorderly conduct. Police have registered an FIR against the deceased driver, Shanay Gajar, as investigations reveal prior cases of overspeeding and obstructing officers while inebriated.
The Indian men's badminton team blanked Bangladesh 3-0 to enter the quarter-finals of the 2026 Asian Games in Nagoya on Monday.
'There will be some inconvenience to people. But we have given one-month notice to the government one month ago.'
TMC MP Mahua Moitra has formally complained to the UN Special Rapporteur on Minority Issues, alleging that senior Muslim IAS and IPS officers in West Bengal were deliberately excluded from official events attended by Union Home Minister Amit Shah. Moitra claims these officers were sidelined due to their religion, a pattern she describes as discriminatory and potentially damaging to minority confidence in security establishments.
India has initiated anti-dumping investigations into imports of Glycine from China, following a complaint by Avid Organics, alleging material injury to domestic manufacturers. Concurrently, a separate anti-circumvention probe has begun concerning CPVC resin from China and South Korea, suspected of being routed through Malaysia, Japan, and Thailand to avoid existing duties.
Seasoned spinner Axar Patel delivered a crucial final over, helping India clinch a narrow two-run victory against Japan in a rain-curtailed one-off T20 International in Sano, despite a challenging pitch and a low-scoring affair.
Sanchita Pradhan Dey, the Mamata Banerjee camp's candidate for the Nandigram bypoll, withdrew her nomination just hours after the Election Commission assigned a new party name and symbol to the faction. This development leaves the Mamata All India Trinamool Congress without a candidate in the crucial Nandigram constituency.
Pakistan Test captain Babar Azam is set to play his first domestic first-class match since 2019, a move that follows the Pakistan Cricket Board's controversial decision to send back seven players and sack coaches after the recent Test tour of England.
The Election Commission has allotted the 'Football Player' symbol to the Mamata Banerjee-led faction of the Trinamool Congress for the upcoming West Bengal bypolls, while the rival Arup Roy-led group will contest with the 'Envelope' symbol.
The Allahabad High Court has ruled that an Arya Samaj marriage certificate alone does not prove a valid Hindu marriage unless essential ceremonies under the Hindu Marriage Act are performed. This decision led to the reinstatement of an SSB officer who was dismissed for allegedly falsely declaring his marital status, as the court found no evidence of the required rituals in his disputed marriage.
A deep depression over the Bay of Bengal has brought heavy rainfall to parts of Andhra Pradesh and Odisha, leading to the evacuation of at least 3,500 people and prompting authorities to issue red and orange alerts for several districts.
Former Chief Election Commissioners have voiced strong objections to reported 'illegal' changes in voter registration Form 6 and the centralisation of electoral roll control, raising serious concerns about the integrity of future elections.
An Independent candidate for the Rejinagar assembly bypoll in West Bengal, Saiful Islam, was arrested in a five-year-old case related to a clash during the 2021 state elections. This follows another bypoll nominee's arrest, highlighting pre-election tensions. The AJUP chief also faces a notice, and a party secretary was arrested with illegal arms and fake currency.
Members of the Tibetan community in exile held a symbolic protest march in Delhi's Majnu Ka Tila ahead of Chinese President Xi Jinping's visit to India for the BRICS 2026 Summit, voicing opposition to Beijing's policies in Tibet.
A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.
Quimcy Dsouza, a former Maharashtra footballer, made an unconventional journey to the Asian Games teqball semifinals after discovering the sport through Ronaldinho. Despite a defeat, she expressed pride in her performance and her role in pioneering teqball in India, highlighting the challenges of limited funding and her dedication to growing the sport.
The CBI has registered a case against Arunachal Pradesh environmental activist and lawyer Bhanu Tatak for allegedly receiving Rs 20.94 lakh in foreign funds without mandatory FCRA registration or prior permission. The agency claims these funds were used to organise and sustain protests against two hydropower projects in the state. A preliminary enquiry indicated Tatak received foreign contributions directly into her personal account and did not file income tax returns declaring these funds.
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Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.
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The Lahore High Court dismissed Muhammad Rizwan's petition challenging notices from the National Cyber Crime Investigation Agency (NCCIA). The Pakistan Cricket Board (PCB) awaits the NCCIA's forensic report on mobile phones seized from Rizwan and Imam-ul-Haq to decide on potential disciplinary action against the players.
The Olympic Council of Asia (OCA) has implemented a stringent Safeguarding Code of Conduct for athletes and officials participating in the Asian Games in Aichi-Nagoya, Japan. The code prohibits inappropriate relationships, degrading language, and harassment, with violations leading to severe penalties including suspension. It also addresses social media use and places special emphasis on protecting minor athletes.
A Supreme Court bench of Justices Dipankar Datta and Satish Chandra Sharma has given split opinions on whether pleas challenging the 2023 law for appointing the Chief Election Commissioner and Election Commissioners should be referred to a larger Constitution bench, citing a difference in views on the law's constitutional validity and the executive's role in selections.
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).
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.
On Saturday, Prime Minister Narendra Modi and Chinese President Xi Jinping met on the sidelines of the BRICS Summit in New Delhi.
The Indian women's hockey team secured a dominant 17-1 victory over Indonesia in their second Pool B match at the Asian Games.
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
Indian men's hockey coach Craig Fulton discusses the team's preparations for the Asian Games, aiming to defend their title and secure direct qualification for the 2028 Los Angeles Olympics.
Indian MMA fighter Varun Sanyal faced a challenging Asian Games debut, marked by logistical issues and a medical disqualification due to a weight-cutting incident. Despite the setback, Sanyal, an Indian citizen with Singapore PR, shares his journey in MMA, his 'fighting nomad' lifestyle, and his aspirations for Indian fighters.
State-run Oil and Natural Gas Corporation (ONGC) has made a significant gas discovery in the deep waters of the Mahanadi Basin off the Odisha coast, recording encouraging flow and sustained reservoir pressure, a breakthrough for India's deepwater exploration programme.
Students at IIT Bombay are demanding 'meaningful institutional reforms' and greater accountability following the death of Sahil Wakode, a second-year B Tech student. While condemning academic misconduct, students highlight systemic issues and have submitted a comprehensive set of demands to the Director, who has agreed to implement them. The protest also addresses the removal of Dean Suryanarayana Doolla during an investigation into alleged abetment to suicide and caste discrimination, emphasising the need for an independent probe.
The Congress party has demanded the resignation of Chief Election Commissioner Gyanesh Kumar, alleging "vote chori" and treason, following a media report revealing that two other Election Commissioners had formally objected to decisions regarding the Special Intensive Revision of electoral rolls. Rahul Gandhi and Mallikarjun Kharge have accused the BJP, RSS, and EC of undermining democracy, citing concerns over voter list tampering and lack of transparency.
Karnataka Chief Minister D K Shivakumar lauded KEONICS' initiative to provide AI-based KEO computers to rural children, marking the institution's golden jubilee. The KEO computers, developed in Karnataka, aim to bridge the digital divide. Shivakumar also highlighted government efforts to promote IT beyond Bengaluru, enhance industry-oriented skills, and digitise property records, emphasising the state's commitment to technology and skill development.
The Supreme Court has rejected pleas to reconstitute a high-powered committee investigating alleged police excesses against student protesters in Delhi, stating that the allegations against the panel were based on conjecture. The court emphasised the committee's role in ensuring fairness and transparency, and directed it to proceed with its inquiry into various issues including the use of pellet guns, targeted violence, and property destruction, while ensuring protection and confidentiality for vulnerable witnesses.
The IIT Bombay Faculty Forum has expressed strong solidarity with Professor Suryanarayana Doolla, who was invigilating an exam where a student was found using a smartphone, an incident preceding the student's death by alleged suicide.
Rikin Dewey went from unused gym memberships and late-night partying to six days of training, losing nine kg and completing his first HYROX.
The Calcutta High Court has verbally directed the West Bengal government to allow Congress' Nandigram bypoll candidate Milan Pradhan to contest the election properly, provided he secures bail in five criminal cases. Pradhan was recently arrested in connection with multiple long-pending cases, raising questions about his ability to campaign for the upcoming bypoll.
