India is strategically positioned to develop a robust domestic semiconductor ecosystem, driven by increasing electronics consumption, strong government support through incentives, and a global shift in supply chains. Boston Consulting Group Managing Director Ankush Wadhera highlights India's potential as a safe haven for investments, with the AI boom further fuelling demand for advanced chips. The nation aims to expand its capabilities across the entire semiconductor value chain, attracting significant global and domestic investments.
Paralympic Committee of India president Devendra Jhajharia expressed confidence in the Indian contingent's performance at the upcoming Asian Para Games in Japan. He highlighted the team's focused training, stress-free environment, and recent successes, while also outlining long-term plans for the 2028 and 2032 Paralympics and addressing grassroots development challenges.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
The Sports Authority of India (SAI) Bengaluru has introduced Japanese cuisine into its athletes' diet plan to help them adapt to food culture ahead of the upcoming Asian Games in Aichi-Nagoya, Japan. This initiative aims to prevent performance issues caused by dietary struggles, as observed in past international events, and involves a gradual introduction of dishes and strict adherence to nutritional and safety standards.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
An Indian pilot and several passengers are being hailed as heroes after thwarting a co-pilot's alleged attempt to crash a flydubai flight en route to Tel Aviv. The incident involved a mid-air struggle, a rapid descent, and an emergency landing in Saudi Arabia, with international leaders praising the bravery that saved 174 lives.
India on Tuesday reiterated the call for free and safe navigation in international waters and the unhindered flow of commerce through international waterways in the region after the Panama-flagged commercial vessel MT El Gaia came under attack off the coast of Oman, with 13 of the 14 Indian nationals on board rescued while search operations are underway for one missing seafarer.
Manchester City has reportedly been found guilty of 114 out of 115 alleged breaches of Premier League financial rules, a development that could have significant repercussions for English football. The club denies wrongdoing and plans to appeal, stating the process is ongoing and confidential. This ruling follows a lengthy investigation and raises questions about financial regulation and competitive integrity in the league.
Virat Kohli has expressed strong confidence in Shubman Gill's leadership potential, stating that Gill possesses the right perspective and intensity to captain India for a long time.
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.
A new study reveals that past emissions from major oil, gas, coal, and cement producers will continue to impact Earth's environment for centuries, even if emissions cease today. The research highlights that the planet will remain significantly warmer than pre-industrial levels, leading to persistent climate damages and increasing the likelihood of future extreme weather events, forming the basis for accountability lawsuits against these "carbon majors."
A CNN reporter was denied entry to the White House and had her press pass seized on Saturday (local time), as the Trump administration began enforcing President Donald Trump's announced ban on CNN, MS NOW and Politico from the White House premises.
RBI Deputy Governor Shirish Chandra Murmu has dismissed concerns that the new Merchant Discount Rate (MDR) on UPI payments above Rs 2,000 will increase cash transactions. He also clarified the 'cash paradox' of rising digital payments alongside cash in circulation, explaining cash's dual role. Murmu further detailed the RBI's extensive regulatory changes aimed at reducing compliance burdens and emphasised that accountability for AI-driven decisions in finance will remain with institutional boards.
Brighton and Hove Albion delivered a stunning 3-0 defeat to Arsenal, ending the Premier League champions' perfect start to the season with goals from Pascal Gross, Charalampos Kostoulas, and Chema Andres.
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.
Thinking about Botox or fillers? Dr Shilpi Bhadani explains how they work, how long they last, the risks, side effects, maintenance and why your doctor matters.
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.
The Maharashtra government has declared 265 out of 358 talukas as drought-affected, covering 74% of the state, due to significant rainfall deficit. This declaration activates 'Trigger-1' of the state's drought management framework, leading to the announcement of various relief measures for farmers and residents, including loan restructuring, revenue concessions, and provisions for water and fodder.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
The Supreme Court has taken a serious view of allegations of harassment against a minor girl who participated in the July Cockroach Janta Party protests. The court emphasised that nobody should be allowed to intimidate a victim or her family from pursuing criminal proceedings and directed the Solicitor General to ensure action on the girl's FIR, seeking reports from Delhi and Uttar Pradesh governments.
Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.
Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.
Infinix has expanded its tablet portfolio with the global debut of the Xpad 30 Pro. The new model sports an 11-inch panel with 2.5K resolution and comes in three colour variants.
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.
India experienced a day of mixed results at the Asian Games, securing a gold medal in shooting through Suruchi Singh and Kamaljeet, and a silver in men's 10,000m with Gulveer Singh. However, a major setback occurred with the unexpected early exit of top badminton men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty. The nation also added several bronze medals in pole vault, shot put, table tennis, and assured more in squash, pushing its total medal count to 23.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
Dhoomakethu has a fun time-loop premise, a game Sajin Gopu and some genuinely funny moments, but runs out of steam long before Kuttan can break free.
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.
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.
The Sports Ministry has established a 20-member National Sports Election Panel, including former Chief Election Commissioners, to oversee fair elections in national sports bodies as mandated by the National Sports Governance Act. Concurrently, the deadline for applications to the National Sports Tribunal, which will handle sports disputes, has been extended.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.
Real Madrid, Manchester City, Borussia Dortmund, Real Betis, Aston Villa, and AEK Athens all secured victories in their opening Champions League matches.
Atletico Madrid defeated 10-man Real Madrid 2-1 in a heated LaLiga derby at the Metropolitano. Goals from Alejandro Grimaldo and Jonathan David secured the win, moving Atletico above Real in the standings. Real's Dean Huijsen was sent off, and Antonio Ruediger scored a late consolation goal.
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.
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.
The Supreme Court has issued a landmark directive against immediate arrests in Protection of Children from Sexual Offences (POCSO) Act cases where the accused is a parent or family member living with the child, and a matrimonial dispute exists. The ruling mandates psychological evaluation of the child by experts before police or courts form an opinion to arrest, aiming to prevent the misuse of the law in estranged couple cases.
I have to thank the 1980s for its soul-stirring music. It added so much melody and cheer to my life -- there hasn't been so much lovely music like that since, recalls Vaihayasi Pande Daniel.
