Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
South African opener Jordan Hermann smashed an unbeaten 150 runs off just 126 balls on his One Day International (ODI) debut against Namibia, equalling the world record for the highest score by a batter on ODI debut.
South Africa, featuring a squad with rested regulars, defeated Zimbabwe by 48 runs in the Tri-Series final in Windhoek. Opener Jordan Hermann's 53 runs and strong bowling performances from Bjorn Fortuin and Duan Jansen secured the trophy for the Proteas.
Tanya Chaudhary shattered the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Concurrently, Avinash Sable marked a triumphant return to the 3000m steeplechase, winning his first race in over a year. Both athletes are part of India's Asian Games contingent, with Sable also eyeing a 5000m entry. The event saw a lucrative prize fund, highlighting significant performances across various disciplines.
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.
A devastating fire on a foreign-flagged cargo ship undergoing repairs at the Qingdao Beihai shipyard in eastern China has resulted in 20 fatalities. Chinese President Xi Jinping and Premier Li Qiang have issued directives for intensified search and rescue operations, thorough investigations into the cause, and enhanced safety measures across all sectors to prevent future accidents.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
'If he settles on something, there are fifty considerations behind it -- the pros and cons, all of it.'
Pradhama Drishtiya Kuttakkar is a gripping cat-and-mouse game that benefits from smart writing.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
Amidst the widespread devastation caused by Nepal's deadly flash floods, a 60-year-old woman and a Chinese worker have been miraculously survived after days of being trapped, offering a beacon of hope in the ongoing search and rescue operations.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
India concluded its campaign at the World Archery Para Series Stage III with an impressive tally of 15 medals, including four gold, three silver, and eight bronze, finishing second in the overall medal standings. The event served as a crucial preparatory test for the upcoming Aichi-Nagoya 2026 Asian Para Games.
Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
Pakistan's lower order staged a spirited late fightback, with debutant Razaullah smashing 81 and sharing a 121-run stand with Abbas to frustrate England before dismissal.
The Indian senior women's rugby sevens team is undergoing a national camp in Kolkata to prepare for the upcoming Asian Games in Nagoya. Coach Terence Joseph and Captain Shikha Yadav emphasise execution, consistency, and building on recent form against strong Pool B opponents like China and Hong Kong China.
Mauricio Pochettino believes Chelsea's 2016-17 Premier League title should be awarded to his former Tottenham Hotspur side following Chelsea's record fine for historical rule breaches related to undisclosed third-party payments.
What should have been a top-draw domestic red-ball clash to kick off the new season featuring some of India's Test stars has quickly turned into a lopsided contest, courtesy of a lifeless pitch heavily loaded in favour of the batters.
East Zone were crowned Duleep Trophy champions after the final against South Zone ended in a draw in Chennai, with their first-innings lead proving decisive.
Ajeetesh Sandhu has established a two-shot lead after the second round of the Chennai Open, firing a six-under 66 to reach 13-under 131. The Chandigarh golfer is ahead of Stepan Danek and Rashid Khan, with two more rounds to play.
Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.
The magnificent Kailasa temple stands as a testament to ancient Indian engineering and artistic brilliance, carved meticulously from a single mountain.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
'We are living in the belief that our building will not fall.'
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
Shree Charani and Prema Rawat wreaked havoc with the ball as a dominant India trounced Pakistan by seven wickets in a one-sided match in the Women's Asia Cup in Dubai on Saturday.
Pakistan captain Fatima Sana has been fined 10 per cent of her match fee and received one demerit point for breaching the ICC Code of Conduct during the Women's Asia Cup match against India, after gesturing towards opener Shafali Verma upon her dismissal.
Renowned filmmaker Rajkumar Hirani believes artificial intelligence will entirely transform the film industry, making production more cost-effective and efficient. He highlights AI's potential as a "game changer" while also cautioning that its effective use requires extensive research and adaptation.
European football's governing body, UEFA, announced a moment of silence and a solidarity banner at all Champions League matches this week to support victims of devastating flash floods in Nepal, where the death toll has risen and thousands remain missing.
A modern, fuss-free take on the traditional Turkish classic. Spicy, juicy, and perfect for entertaining.
Kolkata's Viraj Madappa overcame a three-shot deficit with a bogey-free 64 in the final round to win the Rs 1 crore Chennai Open golf tournament. This marks his fourth professional title, earning him Rs 15 lakh and significantly improving his standing on the DP World PGTI Order of Merit. Ajeetesh Sandhu finished runner-up, while Amardeep Malik and Rashid Khan also secured top positions.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
'Uranium supply is going to come under increasing pressure.'
Indian-American golfer Akshay Bhatia experienced a challenging third round at the season-ending TOUR Championship, dropping to tied-22nd after a disappointing back-nine performance. Despite struggles, his participation in the elite 30-man field guarantees him a spot in all four Major championships next season.
India's para-archers, led by Paralympics champion Harvinder Singh and world No. 1 Sheetal Devi, concluded their World Archery Para Series Stage III campaign with an impressive haul of two gold and four bronze medals. Sheetal Devi secured an individual gold in a dramatic shoot-off and a bronze in the mixed team event, while Harvinder Singh and Bhawna won gold in the recurve mixed team. India also claimed additional bronze medals in individual and mixed team categories.
In Rajasthan's urban local body polls, 77 candidates, including 37 women, have been elected unopposed. The ruling BJP secured 44 of these victories, while the Congress won 16, and independents accounted for 17. Jaipur notably had no unopposed candidates, while Deeg recorded the highest number of uncontested winners.
World No. 1 Magnus Carlsen has offered his perspective on the upcoming World Chess Championship, where D Gukesh will face Javokhir Sindarov. Carlsen believes Gukesh should view the challenge as an opportunity to gain rather than a burden to defend, despite considering Sindarov the favourite. He also shared insights into the psychological aspects of the game and his personal preference for rapid chess over classical formats.
The UK's National Air Traffic Services (NATS) has ruled out a cyberattack as the cause of the recent massive disruption across UK airports, which led to thousands of flight cancellations and affected tens of thousands of passengers, including those on flights to and from India. An investigation is underway, and the incident marks the third major air traffic collapse under the current CEO's tenure.
