The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
The Sports Ministry has granted an exemption to the Indian Olympic Association (IOA), allowing it to maintain a 16-member Executive Council. This decision aligns with the International Olympic Committee's (IOC) recommendation, overriding the National Sports Governance Act's usual limit of 15 members, to ensure compliance with international statutes ahead of upcoming IOA elections.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
The Board of Control for Cricket in India (BCCI) will hold its Annual General Meeting (AGM) in Mumbai on September 18. Key agenda items include granting associate membership to the Andaman and Nicobar Islands cricket association, electing two posts for the IPL Governing Council, and appointing the BCCI Ombudsman and Ethics Officer.
YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.
Russian Foreign Minister Sergey Lavrov has publicly supported India's bid for a permanent seat on the United Nations Security Council. He stated that any reform of the UNSC should not grant additional seats to Western countries like Germany and Japan, citing their "militarism and revanchism." Instead, Russia advocates for increased representation from Asia, Africa, and Latin America, specifically backing India and Brazil, while also emphasizing the need to address African interests.
The Bar Council of India initially directed state bar councils not to enrol 2026 NALSAR University of Law graduates due to alleged student protests against the CJI's convocation participation. However, following widespread social media criticism, the BCI reversed its decision, allowing students to enrol while an inquiry into the instigators continues.
Former US National Security Adviser John Bolton has stated that China is not prepared to back India's bid for a permanent seat on the UN Security Council. He highlighted that any expansion of permanent membership would require a UN Charter amendment, which China could veto. Bolton also discussed the broader institutional challenges facing the UN and suggested that regime change in Iran is crucial for long-term stability in West Asia, linking Houthi attacks to Iran's "ring of fire" strategy.
Chief Justice of India Surya Kant sharply criticised the Bar Council of India (BCI) for its 'uncalled for' interference in a protest by NALSAR University of Law students, asserting that students have a right to protest and that the matter was a 'dialogue between students and me'. The BCI had initially ordered that 2026 NALSAR graduates not be enrolled as advocates, an order it later reversed.
US President Donald Trump has expressed strong support for the India-Middle East-Europe Economic Corridor (IMEEC), citing the necessity to move energy infrastructure away from Iranian checkpoints following attacks in West Asia. He made these remarks during a multilateral meeting with the Gulf Cooperation Council at the UN General Assembly, emphasising the corridor's role in overcoming regional challenges.
The Athletics Federation of India (AFI) has announced that the SRY gene test will be mandatory for all athletes participating in its approved competitions across all age categories, effective from 2027. This decision, subject to legal formalities, aligns with new World Athletics regulations for female category eligibility.
India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.
Sports Minister Mansukh Mandaviya met World Aquatics president Husain Al-Musallam to discuss strengthening cooperation, developing aquatic sports in India, and exploring India's readiness to host Asian-level championships. India is also targeting to host the 2038 Asian Games and 2036 Olympics.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.
The Supreme Court has directed State Bar Councils to co-opt two women members, either former High Court judges or senior women advocates, to ensure greater gender representation. This move reinforces earlier directives for 30% women's representation and aims to dismantle the perception of Bar Councils as "men's clubs", promoting objectivity and transparency in their functioning.
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.
India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.
The traditional flag hoisting ceremony for the Asian Games in Nagoya, involving India and other nations, was significantly delayed and disrupted due to unspecified "trouble" and a lack of communication between organisers.
India's bid to host the 2038 Asian Games will not be decided before 2028, as the Olympic Council of Asia (OCA) has revealed that five other countries are also vying for the same edition.
The Automotive Research Association of India (ARAI) has launched comprehensive conformity assessment and certification services for drone manufacturers, aiming to streamline the type approval process for Unmanned Aerial Systems (UAS) in India. This initiative supports the rapidly expanding drone sector by ensuring design, quality, and performance meet evolving safety and airworthiness standards.
Vithya Ramraj, after breaking PT Usha's 400m hurdles record, anchored the Indian women's 4x400m relay team to a gold medal at the Asian Games in Nagoya. This marked her third medal of the Games, with strong performances from Kiran Pahal, M R Poovamma, and Prachi.
India has announced an 18-member squad for the upcoming BWF World Junior Championships in Cairo, Egypt. The team, featuring Asian U-17 champion Tanvi Patri and other promising talents, was selected after trials in Guwahati. India, a bronze medallist in the previous edition, aims for a strong performance, with the tournament introducing new scoring systems for the Suhandinata Cup and individual events.
The 20th Asian Games have officially commenced in Nagoya with a high-tech opening ceremony. India's 501-member contingent is led by flag bearers Manu Bhaker and Pawan Sehrawat, with some events already underway, including India's women's cricket team reaching the semifinals and a teqball bronze medal opportunity.
IPL players' auction for the 2027 season is slated to be held in India, marking a return after three overseas editions, with league chairman Arun Dhumal expressing a strong desire for a domestic venue.
Hockey India President Dilip Tirkey has lodged a police complaint against several HI officials, including the former Executive Director, accusing them of "criminal breach of trust, theft, endangerment of life and wrongful abandonment." The complaint stems from an incident where Tirkey's personal belongings, including medicines, were allegedly withheld after an official vehicle was recalled. This incident highlights an ongoing power struggle between Tirkey and HI Secretary General Bhola Nath Singh, exacerbated by past controversies like the saffron jersey fiasco and disputes over board meetings.
Hockey India is set to hold an emergent Executive Board meeting on September 18 to address a deepening internal controversy involving President Dilip Tirkey and Secretary Bhola Nath Singh, stemming from a jersey colour change. The meeting will also focus on restructuring the Hockey India League (HIL) to create an independent Governing Council with franchise involvement, and discuss upcoming elections and Asian Champions Trophy hosting.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.
A report by the University of Chicago's Energy Policy Institute projects approximately 15,800 additional heat-related deaths in India over the next six months due to the 'super El Nino' phenomenon. Globally, nearly 451,000 additional deaths are anticipated. Experts in India emphasize the need for swift action, including implementing Heat Action Plans and focusing on vulnerable populations, while also urging caution regarding model-based projections.
India and China are in what experts call 'a cooperation-versus-competition situation'.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.
Xi's bilateral meeting with Modi was substantial and readouts from both sides gave indications of rapprochement, if not a reset of bilateral relations between India and China, notes Ambassador T P Sreenivasan.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
The Olympic Council of Asia has advised national bodies, including India, to limit their contingent sizes for the upcoming Asian Games in Aichi-Nagoya, Japan, due to the host nation's inability to accommodate more than 15,000 participants. This impacts support staff numbers, with India's contingent of 492 athletes requiring strict adherence to the 33% support staff cap. Organisers are implementing innovative accommodation solutions like container huts and a cruise ship.
Pakistan Prime Minister Shehbaz Sharif repeatedly refused to answer reporters' questions regarding Lashkar-e-Taiba (LeT) chief Hafiz Saeed during his visit to the United Nations headquarters for the 81st United Nations General Assembly (UNGA).
A report by Scholars at Risk, 'Free to Think 2026', states that academic freedom in India is "severely restricted" due to increasing government influence over higher education, university governance, and curbs on student expression. India is listed among six countries in this category, with its Academic Freedom Index score sharply declining. The report cites instances of faculty dismissals, event cancellations, and pressure on student protests, highlighting the alleged use of the UGC as a vehicle for state influence.
India has dismissed Pakistan's recent announcement of a seven million rupees bounty on Jaish-e-Mohammed chief Masood Azhar as a "gimmick," demanding concrete action against terrorism. India highlighted Pakistan's history of similar "phoney announcements" and its alleged sheltering of Azhar, while Pakistan faces international pressure from the FATF to crack down on terror financing.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
The BCCI's 95th Annual General Meeting in Mumbai will address several crucial matters, including the grant of associate membership to the Cricket Association of Andaman and Nicobar Islands, the appointment of a BCCI representative to the ICC, and the induction of new members to the IPL Governing Council.
India women's team seamer Kranti Gaud has been fined 10 per cent of her match fee and received one demerit point by the ICC for breaching the Code of Conduct during the T20 Asia Cup final against Sri Lanka. Gaud was penalised for an aggressive gesture after dismissing a batter. Separately, the Pakistan women's team was fined for a slow overrate in their semifinal match.
