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.
Jammu and Kashmir Chief Minister Omar Abdullah introduced a resolution in the assembly demanding the urgent restoration of full statehood for the union territory. The resolution, which referenced previous autonomy resolutions, led to intense protests and "ugly scenes" from opposition BJP members, resulting in the adjournment of the House. Abdullah highlighted the unfulfilled promise by the Government of India regarding statehood after delimitation and elections.
Aston Villa secured their first Premier League victory of the season with a 3-2 win against Tottenham Hotspur, who remain in the relegation zone after another disappointing performance.
Star Indian weightlifter Mirabai Chanu has secured a silver medal in the women's 49kg event at the Asian Games, ending a 12-year pursuit for the prestigious continental honour. This marks India's first weightlifting medal at the Asian Games since 1998, adding to Chanu's impressive collection which includes an Olympic silver.
India failed to qualify for the Davis Cup Final 8 after losing 3-1 to Korea in the Qualifier Round 2 tie. Despite a fighting doubles victory by Dhakshineswar Suresh and N Sriram Balaji, Sumit Nagal's defeat in the reverse singles sealed India's fate, making Korea the first Asian team to reach the knockout stage under the new format.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Avengers: Endgame Encore adds four crucial scenes that connect the old MCU to Avengers: Doomsday, from Loki's shocking return to Doctor Doom's sinister plans for the multiverse.
Bakaiti Season 2 has the warmth and terrific performances to make the Katarias feel like family, but its repetitive conflicts and easy resolutions leave their struggles feeling oddly inconsequential, argues Sreeju Sudhakaran.
The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.
US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.
Head coach Gautam Gambhir has clarified that young batting prodigy Vaibhav Sooryavanshi will need to wait for his T20I debut, prioritising consistent performers like Sanju Samson. Gambhir also addressed the impact of the Asian Games on the ODI squad selection for the upcoming West Indies series, highlighting opportunities for new talent.
HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.
Tamil Nadu Minister R Nirmal Kumar has challenged former DMK minister S Regupathy's assertion that video evidence in a POCSO case involving industrialist R Veeramani is "shadowy." Kumar accused the DMK of attempting to protect the accused, while Regupathy denied the allegations, defending the previous government's actions and criticising the current administration's handling of public concerns and sensitive case disclosures. The dispute highlights political tensions surrounding a high-profile child protection case.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.
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.
Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.
Jacob Coxon, an AI researcher, resigned from Anthropic, accusing leading tech firms like OpenAI and Anthropic of irresponsibly racing towards superintelligence without adequate safeguards. He warned of existential dangers, a sentiment echoed by Anthropic's Evan Hubinger, who admitted the company lacks a plan for superintelligence alignment.
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 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.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
Amazon's ultra-fast delivery service, Amazon Now, has achieved $1 billion in annualised gross sales in India over the last three months, marking it as the fastest-growing e-commerce business in Amazon India's history, with orders doubling every quarter.
The Indian men's team continued its fine performance, defeating Spain 3-1, with World champion D Gukesh showing the way with a very clean victory over former world championship challenger Alexei Shirov.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
The power suit has officially left the boardroom. Celebrities are taking classic tailoring and giving it a serious fashion upgrade wearing blazers as capes, swapping trousers for shorts, ditching shirts altogether and adding corsets, chokers and statement jewellery into the mix.
BSP supremo Mayawati has announced a definitive decision regarding the involvement of her brother Anand Kumar's children in the party. She stated that only Ishan Anand would be given a role, while Akash Anand and Deepika Anand would be kept away. Mayawati cited Akash Anand's conduct and his father-in-law's influence as reasons for his exclusion, emphasising her commitment to the party's integrity and following the principles of BSP founder Kanshi Ram.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
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.
EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.
The Indian men's and women's chess teams delivered strong performances at the Chess Olympiad in Samarkand, with the men's team defeating Spain 3-1 and the women's team securing an identical 3-1 victory over Mongolia. World champion D Gukesh led the men's success with a clean win against Alexei Shirov, while Arjun Erigaisi also contributed significantly. In the women's section, B Savitha Shri and Divya Deshmukh were instrumental in their team's win.
4 Rivers 6 Ranges finds its strongest moments in the moral conflict between non-violence, survival and the fight for freedom.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
Maratha quota activist Manoj Jarange has ended his 20-day hunger strike after discussions with a Maharashtra government delegation. He issued a three-month ultimatum, threatening to resume protests in Mumbai if demands for Maratha reservation, based on Kunbi lineage recognition, are not met. The government has assured action on historical gazettes to facilitate OBC benefits for Marathas.
Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.
What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.
