A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Tragedy struck two New Jersey families with Rutgers University graduates Navam Kaul and Malaika Chitre, both 24, hit by a subway train in Manhattan.
Rainfall during the monsoon season so far, from June 1 to September 13, has been 15 per cent below normal.
The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.
Suriya and Jyotika marked their 20th wedding anniversary by renewing their vows in a touching ceremony.
An Aligarh Muslim University (AMU) undergraduate student, Krishna Sharma, 22, allegedly committed suicide at his rented accommodation, leaving a note describing himself as a "loser" unable to cope with personal issues. This marks the second such incident involving an AMU student in four weeks, prompting questions about student well-being and support systems.
Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.
Suryakumar Yadav turned 36 as wife Devisha, BCCI, Mumbai Indians and Chennai Super Kings celebrated India's T20 star, highlighting his World Cup triumphs, captaincy and international achievements.
The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.
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.
Nishu has won the 53kg category at the national selection trials, setting up a final bout against Asian Games-bound Antim Panghal for a spot in the Senior World Wrestling Championships. Other wrestlers like Kajal, Simran, Neelam, Tapsya, and Srishti also secured top positions in their respective weight categories, showcasing the depth of talent in Indian wrestling.
The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.
The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.
Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
The Supreme Court has directed the Tamil Nadu government to comply with its previous order to identify land for establishing Navodaya Vidyalayas in each district of the state, emphasising cooperative federalism and urging a change in mindset regarding the central government's education policy.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.
For a child who is six years old, one hour is the limit, says rediffGURU Dr Deepa Suvarna.
'Thank you Los Angeles for your hospitality'
Lust Stories 3 continues its tradition of offering attractively-wrapped pieces of provocation in a box. Only this time, it doesn't dwell too deep into the emotions of sex and enjoys it for what it is, discovers Sukanya Verma.
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
Kargil War veteran Group Captain Amit Kumar Gupta was allegedly attacked with an iron rod by a parking attendant in Gurugram, sustaining a serious head injury and fractured elbow. Gupta claims the hospital's MLC report is false and police assistance has been lacking, while an FIR has been registered against unknown accused.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
A newcomer to non-vegetarian cooking, Divya Nair shares a recipe of prawns ghee roast, spice perfected to her son's liking.
The Chhattisgarh High Court has nullified a divorce order issued by a private Sharia body, stating that religious institutions cannot assume the authority of a court or use religious belief to determine an individual's legal rights. The ruling reinforces the supremacy of the constitutional framework and the rule of law over extra-judicial forums.
The Supreme Court has granted a divorce to a couple separated since December 2005, noting the wife had abandoned the matrimonial relationship. The court directed the husband to pay Rs 7 lakh as permanent alimony. The ruling emphasised that prolonged separation and the reality of an irreconcilable marriage are key factors, overturning a Madhya Pradesh High Court decision.
Executive Chef Kaushik Misra of the Taj Mahal, New Delhi, has meticulously curated an 'India Friendship Menu' for the 18th BRICS Summit delegates, blending India's regional flavours with international comfort foods and culinary references from participating countries.
Indian and Chinese armies held their first high-level commanders' flag talks in the Arunachal Pradesh sector, following Special Representatives dialogue. These talks, aimed at maintaining peace along the Line of Actual Control, occurred amidst reports of aggressive military posturing and just days before Chinese President Xi Jinping's visit to India for the BRICS summit.
Former India captain Anjum Chopra praises Smriti Mandhana's evolved power game and dominance against spinners, calling it a blueprint for younger players in women's T20 cricket.
Deepika Padukone and Ranveer Singh delight fans by sharing intimate black-and-white photographs with their daughter.
A tragic incident in Meerut saw a 12-year-old Class 7 student die of suspected cardiac arrest at his school, prompting police investigation into the circumstances.
PAYD suits infrequent drivers who can estimate annual mileage.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
It's A Medical Miracle has a promising superhero premise and some genuinely inventive moments, but a wildly uneven screenplay ultimately squanders its potential.
Ladakh's own Stanzil Dolkar leveraged her mountain running expertise to win the Ladakh Marathon, overcoming an early deficit against Saraswati Rai. Despite facing physical challenges during the race and running in her home region for the first time competitively, Dolkar finished with a time of 3 hours, 32 minutes, and 58 seconds, highlighting the advantage of local acclimatisation.
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.
The captain of the Pakistani naval ship was overconfident, reckless and professionally incompetent. He displayed false bravado and by his actions would have caused grievous injuries to his men onboard and severely damaged the ship. On the other hand the captain of INS Kolkata maintained his cool, composure, displayed excellent seamanship skills and maintained his course and speed to avoid a major catastrophe. Comparison of the two captains shows the levels in professional competence of the two navies which are miles apart, points out Commodore Venugopal Menon (retd).
