Search results for 'RATE'

Is Sachin's 100-Century Record Within Kohli's Reach?

Is Sachin's 100-Century Record Within Kohli's Reach?

Rediff.com29 Sep 2026

Virat Kohli has moved a step closer to Sachin Tendulkar's record of 100 international centuries after his brilliant 139 against the West Indies in Thiruvananthapuram. The hundred took Kohli's tally to 86, leaving him 14 centuries short of equalling Tendulkar and 15 away from taking the record.

'When You Say AI Is Going To End Humanity...'

'When You Say AI Is Going To End Humanity...'

Rediff.com30 Sep 2026

'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'

UPI Fee: Governments Gusty Response

UPI Fee: Governments Gusty Response

Rediff.com3 Oct 2026

If the new MDR regime is rolled out from the middle of this month, as scheduled, it should count as one of the boldest political actions by the Modi government on an economic-policy issue, and a signal that it is less worried about erosion of political capital it draws from one of its key constituencies, notes A K Bhattacharya.

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Rediff.com18 Sep 2026

Fuel pump dealers in Madhya Pradesh plan to stop accepting UPI payments exceeding Rs 2,000 for petrol and diesel from October 16, citing concerns over the proposed Merchant Discount Rate (MDR). The Confederation of All India Traders (CAIT) has urged the government to reconsider the MDR imposition, warning it could hinder digital payment adoption and impact traders' profits.

IndiGo raises travel charges for infants, unaccompanied minors

IndiGo raises travel charges for infants, unaccompanied minors

Rediff.com18 Sep 2026

IndiGo, India's largest airline, has recently increased charges for several ancillary services, including infant travel and unaccompanied minors, citing rising operational costs and higher fuel prices. Domestic infant travel charges have risen to Rs 3,000, while unaccompanied minor services are now Rs 5,999 for domestic and Rs 12,999 for international flights.

What's Behind 70% Of SIR Exclusions?

What's Behind 70% Of SIR Exclusions?

Rediff.com22 Sep 2026

The prominence of migration highlights a longstanding problem for India's electoral system.

Gandhi Jayanti ahead, PETA India pushes Centre for meat ad ban

Gandhi Jayanti ahead, PETA India pushes Centre for meat ad ban

Rediff.com29 Sep 2026

Ahead of Gandhi Jayanti, People for the Ethical Treatment of Animals India (PETA India) has sent a letter to Union Minister for Information and Broadcasting Ashwini Vaishnaw calling for a nationwide prohibition on billboards, television, online and other advertisements for meat, beginning on October 2.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Rediff.com16 Sep 2026

Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.

Pooja Meri Jaan Review: Well-Intentioned

Pooja Meri Jaan Review: Well-Intentioned

Rediff.com2 Oct 2026

Pooja Meri Jaan sometimes gets heavy-handed, but makes the point clear that any conversation around consent must begin with taking a 'no' seriously. That's a message worth reiterating, asserts Mayur Sanap.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

'Alia Bhatt Is Very Easy To Work With'

'Alia Bhatt Is Very Easy To Work With'

Rediff.com24 Sep 2026

Actor Arif Zakaria on directors, actors and movies he has done in a remarkable career spanning 40 years.

Yezhu Kadal Yezhu Malai Review: Muddled Fantasy

Yezhu Kadal Yezhu Malai Review: Muddled Fantasy

Rediff.com3 Oct 2026

Yezhu Kadal Yezhu Malai has the makings of a fascinating existential fable, but Ram's surreal experiment gets lost in its own muddled storytelling.

India's late gold rush: Kumkum, Pranavi script Asian Games history

India's late gold rush: Kumkum, Pranavi script Asian Games history

Rediff.com3 Oct 2026

India concluded its Asian Games campaign in Nagoya with a creditable fourth place, securing 85 medals, including 21 golds. The final days saw a surge in gold medals, notably from the cricket and hockey teams, and historic individual wins by 17-year-old archer Kumkum Mohod and golfer Pranavi Urs.

West Indies recall Campbell for India ODIs; Pooran gets maiden T20I call-up

West Indies recall Campbell for India ODIs; Pooran gets maiden T20I call-up

Rediff.com20 Sep 2026

The West Indies have announced their ODI and T20I squads for the upcoming series against India, with John Campbell returning to the ODI side and Kamil Pooran earning his maiden T20I call-up.

Criticism Of RBI's Swap Scheme Is Uncalled For

Criticism Of RBI's Swap Scheme Is Uncalled For

Rediff.com16 Sep 2026

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.

Should You Buy A Return-Of-Premium Plan?

Should You Buy A Return-Of-Premium Plan?

Rediff.com30 Sep 2026

Compare premiums, claim settlement ratios, exclusions, waiting periods and surrender provisions.

India's Core Sector Growth Slows to 3-Month Low of 4.8% in August

India's Core Sector Growth Slows to 3-Month Low of 4.8% in August

Rediff.com21 Sep 2026

India's nine key infrastructure sectors recorded a three-month low growth of 4.8 per cent in August, primarily due to reduced production in coal, natural gas, crude oil, and fertiliser, according to government data.

BJD MP Santrupt Misra Criticises UPI MDR Fee, Proposes Funding Alternatives

BJD MP Santrupt Misra Criticises UPI MDR Fee, Proposes Funding Alternatives

Rediff.com19 Sep 2026

BJD MP Santrupt Misra has voiced strong concerns over the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, arguing that the government or large financial institutions could easily absorb the costs of maintaining the digital payment network instead of burdening merchants and consumers.

Sigma Review: How Not To Make A Heist Movie

Sigma Review: How Not To Make A Heist Movie

Rediff.com3 Oct 2026

Sigma has the ingredients for a kickass heist thriller, but Jason Sanjay's debut gets hopelessly lost in its lazy writing and bland execution.

Debate Rages Over New UPI MDR Charges

Debate Rages Over New UPI MDR Charges

Rediff.com18 Sep 2026

BJD chief Naveen Patnaik has voiced concerns over the Centre's decision to introduce Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 from October 15, urging protection for small traders and common people. This move has sparked a political debate, with the BJP defending the charges as beneficial for digital infrastructure and largely not impacting consumers, while the Congress and traders' associations criticise it as an additional burden.

Traders Call For Reversal Of UPI Transaction Fee Decision

Traders Call For Reversal Of UPI Transaction Fee Decision

Rediff.com16 Sep 2026

A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

Rediff.com29 Sep 2026

India's real estate sector recorded an unprecedented $9.5 billion in capital inflows during Q3 2026, primarily driven by foreign investors' strong interest in data centres, according to a CBRE Group report.

Why BharatPe Supports The New UPI MDR Framework

Why BharatPe Supports The New UPI MDR Framework

Rediff.com17 Sep 2026

Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Rediff.com17 Sep 2026

Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.

Shuffle in WTC Standings After Pakistan sanctions

Shuffle in WTC Standings After Pakistan sanctions

Rediff.com14 Sep 2026

Shuffle in WTC Standings After Pakistan sanctions

Check Out The Redmi Note 17 Pro Max

Check Out The Redmi Note 17 Pro Max

Rediff.com23 Sep 2026

The Redmi Note 17 Pro Max combines a large AMOLED display, a high-capacity silicon-carbon battery and powerful charging features.

#Love Review: Romcom With No Spark

#Love Review: Romcom With No Spark

Rediff.com2 Oct 2026

Familiar ideas, frustrating characters and stretched-out storytelling make #Love far less romantic than intended.

All about UPI charges: Will merchants pass on MDR to customers?

All about UPI charges: Will merchants pass on MDR to customers?

Rediff.com16 Sep 2026

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.

Six golds, 76 medals and top-5 spot: India lights up Asiad penultimate day

Six golds, 76 medals and top-5 spot: India lights up Asiad penultimate day

Rediff.com2 Oct 2026

India achieved a remarkable six-gold haul on the penultimate day of the Asian Games, surging to fifth place with 76 medals. Key victories included the women's hockey team securing gold and Olympic qualification, historic boxing golds from Lovlina Borgohain, Parveen Hooda, and Ankush Panghal, a wrestling gold by Sujeet Kalkal, and maiden recurve archery gold. This strong finish significantly bolstered India's overall campaign.

Digger Review: Tom Cruise Goes Bonkers!

Digger Review: Tom Cruise Goes Bonkers!

Rediff.com2 Oct 2026

Tom Cruise lets go of the suave, sexy image and embraces the gloriously unsexy with supreme confidence, making this truly impossible mission utterly possible, raves Mayur Sanap.

Goyal, USTR To Meet Amid Tariff Heat

Goyal, USTR To Meet Amid Tariff Heat

Rediff.com28 Sep 2026

'We expect the Indian delegation to flag New Delhi's worries and elaborate on its standpoint on the Russia-linked tariff as well as the Section 301 investigation into overcapacity.'

Machine Learning Uncovers Patterns Of Aggression On Indian X During Key Events

Machine Learning Uncovers Patterns Of Aggression On Indian X During Key Events

Rediff.com27 Sep 2026

Researchers from Goa Institute of Management (GIM) and Goa Business School conducted a study analysing over 1.31 lakh posts on social media platform X using machine learning models. They found that indirect aggression is most common during major social, financial, sporting, and political events in India. The study classified aggression into overt, covert, and non-aggressive forms, noting that overt aggression remained relatively low but peaked during events like India's T20 World Cup loss. The findings have significant implications for online moderation and communication policies.

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Rediff.com16 Sep 2026

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.

Asian Games 2026: India thrash Sri Lanka, to face Pakistan in final

Asian Games 2026: India thrash Sri Lanka, to face Pakistan in final

Rediff.com1 Oct 2026

Ishan Kishan's explosive unbeaten 80 and Jasprit Bumrah's two wicket burst were instrumental in guiding India to a 124-run win over Sri Lanka in the Asian Games men's cricket semifinal on Thursday.

Noel Tata: We Hope RBI Will Find Common Ground With Us

Noel Tata: We Hope RBI Will Find Common Ground With Us

Rediff.com30 Sep 2026

Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com15 Sep 2026

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

'What Can Youth Learn From Virat Kohli?'

'What Can Youth Learn From Virat Kohli?'

Rediff.com28 Sep 2026

Former Indian cricketer Mohammad Kaif has lauded Virat Kohli's exceptional form in ODIs, highlighting his fitness, hunger, dedication, and consistency as qualities for youth to emulate. Kaif recalled how Kohli overcame criticism after a lean patch to score over 900 runs in 11 innings, including four centuries, and recently achieved a record-breaking 139 not out against West Indies, surpassing 15,000 ODI runs.