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.
The benchmark Sensex plummeted 813 points to a three-month low, with the Nifty settling below 23,450, as escalating tensions in West Asia drove crude oil prices above USD 100 per barrel, leading to widespread selling in IT, FMCG, financial services, and oil & gas shares.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
Karnataka Higher Education Minister Basavaraj Rayareddi stated that Islam is "greater" than other religions and expressed a desire to visit Mecca, despite being a non-Muslim. These remarks, made at a mass marriage event, drew sharp criticism from BJP leader R Ashoka, who accused the minister of portraying Sanatana Dharma in an inferior light and demanded his apology or removal from the cabinet by Chief Minister DK Shivakumar.
India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.
Sriya Reddy has never really done the sweet 'n' simple thing. Even before Mahakali put her in the spotlight, her fashion choices have had a certain don't-mess-with-me energy.
Ishan Kishan made another strong red-ball statement with 80 after his 270, as East Zone moved within touching distance of the Duleep Trophy title.
Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
Paris St Germain, Bayern Munich, and Napoli all secured crucial victories in their respective European football leagues, with Ferran Torres, Harry Kane, and Stanislav Lobotka scoring decisive goals. Juventus, however, suffered a late defeat to Sassuolo.
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.
Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.
Young left-arm spinner Shree Charani discusses the Indian women's cricket team's strategy, particularly among slow bowlers, after their dominant seven-wicket victory over Pakistan in the Women's T20 Asia Cup. India bowled out Pakistan for their lowest-ever T20I total of 55, securing a semifinal spot and topping their group.
The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
Indian badminton star Kidambi Srikanth was defeated by Hong Kong's Lee Cheuk Yiu in straight games during the quarterfinals of the China Masters Super 750. Srikanth, a former world No.1, lost 16-21, 16-21 in a 39-minute match, ending his campaign despite a strong performance in the previous round.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Harshitha Samarawickrama's unbeaten 48 off 37 balls led Sri Lanka to a four-wicket victory over Bangladesh, securing their spot in the women's Asia Cup semi-finals.
Veteran Indian pacer Mohammed Shami discusses his undiminished motivation and desire to reach the "next level" in his career, despite not playing for India since March 2025. He reflects on East Zone's Duleep Trophy final victory, which coincided with his 100th first-class match, and shares insights on playing domestic cricket, mentoring young players, and his tactical approach to bowling in challenging conditions.
Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.
A report by 'Voter Adhikar Manch' has revealed that the number of excluded electors in Delhi's draft electoral roll under the Special Intensive Revision (SIR) exceeded the winning margin in 68 of 70 Assembly constituencies in the 2025 polls. The audit found over 47 lakh electors marked as absent, shifted, dead, or duplicate, raising serious questions about the integrity of the electoral process and the accuracy of voter lists.
Anil Kumble's relentless on-field intensity was so intimidating that even his wicketkeeper sometimes appealed despite knowing the batter was not out.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.
While the iPhone Duo grabbed the spotlight at Apple's September event, the biggest takeaway is how the company's hardware, software and AI are becoming more closely connected across its entire lineup.
East Zone pacers Mohammed Shami and Mukesh Kumar chipped away at the wickets to leave South Zone tottering on 242/6 at stumps on Day 3, of the Duleep Trophy final.
Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.
Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.
Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
From forgettable turns to award-worthy performances, these actors have brought visually impaired characters to life on screen in the last decade.
From Kareena Kapoor Khan's 'cop who wears lipstick' in Daayra to Rani Mukerji's relentless Shivani Shivaji Rao in the Mardaani series, Bollywood has seen a rise in powerful and nuanced portrayals of female police officers tackling brutal crimes and societal challenges.
Traitors 2 gave us near slice-of-life glimpses of actors Rhea Chakraborty, Mallika Sherawat and Shweta Tiwari -- especially how they think, and make dumb decisions, notes Divya Nair.
Former Australia batter Usman Khawaja has criticised the Pakistan Cricket Board's director of high performance, Aaqib Javed, over his comments regarding the team's major shake-up during the Test series against England.
Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong in a three-game thriller to reach their third China Masters final. The world No. 5 pair showcased tactical brilliance and resilience, overcoming a second-game lapse to secure their spot in the summit clash, where they aim for their second title of the season.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty, fresh off their China Masters victory, reveal their "no Plan B" philosophy, focusing on strengths and tactical adjustments. They attribute their success to improved physical condition post-World Championships and meticulous reviews, which helped them secure their 10th BWF World Tour title and boost confidence for the upcoming Asian Games.
India's top men's doubles pair, Satwiksairaj Rankireddy and Chirag Shetty, fought hard to defeat Denmark's Kim Astrup and Anders Skaarup Rasmussen, securing their spot in the China Masters Super 750 semifinals. This victory continues their strong performance following recent successes. Meanwhile, veteran Indian shuttler Kidambi Srikanth's journey in the men's singles quarter-finals concluded after a straight-games loss to Hong Kong's Lee Cheuk Yiu.
