The Indian Golf Union (IGU) has approved significant amendments to its Memorandum of Association, including the addition of Sportspersons of Outstanding Merit, creation of a Dispute Resolution Committee, and modifications to its election process, all aimed at aligning with the National Sports Governance Act.
The Karnataka Assembly has passed a resolution rejecting the K Kasturirangan report on Western Ghats conservation in its current form. The state government urged the Centre to address deficiencies, particularly concerning the inclusion of agricultural lands and human settlements in Environmentally Sensitive Areas (ESA) without proper physical surveys or livelihood support.
India's 10 largest pharmaceutical companies have consistently maintained positive average volume growth throughout 2026, while smaller rivals have experienced more erratic performance, driven by a market shift towards chronic and sub-chronic therapies.
CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.
India has successfully manufactured and test-fired its first fully indigenous AK-203 assault rifle, named 'Sher', at the Korwa facility in Uttar Pradesh, marking a significant milestone in defence self-reliance with 100 per cent Indian components.
Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.
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 government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
A POCSO court in Assam's Dhubri district has sentenced Utpal Ray to death for the rape and murder of a four-year-old girl in 2023, terming the crime "rarest of rare". The convict also received life imprisonment for rape and other sentences for related offences.
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.
Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.
Opener Abhishek Sharma slammed a blistering 30-ball hundred -- the fastest century by an Indian batter in T20 Internationals.
The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
Tilak Varma is emerging as India's potential middle-order backup, offering left-handed batting variety and developing off-spin as selectors seek younger, flexible options ahead of the ODI World Cup.
The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
India has become a significant supplier of gasoline to Russia, with Indian refiners providing 1 million barrels in the last two months, as Ukrainian drone attacks severely disrupt Russia's domestic fuel production.
Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.
88 per cent of individual traders lost money during FY26. Until we recognise gambling dressed up as option buying for what it is, we will keep treating the wrong disease, asserts Harsh Roongta.
The Indian Sports Ministry has sought assistance from the Indian diaspora in Nagoya to help with athlete accommodation at the Asian Games, as several Indian and other athletes have faced delays and issues with their designated lodging due to a lack of a dedicated athletes' village.
The All India Football Federation (AIFF) announced the new season of the Indian Women's League (IWL) will commence in October, alongside IWL 2. The federation also revealed significant changes including higher coaching licence requirements, revised disciplinary rules, and an ambitious long-term expansion strategy aiming for 12 teams by 2032 to professionalise women's football in India.
The Indian Olympic Association (IOA) has approved significant constitutional changes to align with the National Sports Governance Act (NSGA).
Investors opening new brokerage accounts must choose a broker suited to their style.
PAYD suits infrequent drivers who can estimate annual mileage.
The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.
Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.
India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
India's UPI system continues its rapid growth, dominating retail payments. Recent amendments to the Payment and Settlement Systems Act allow for targeted Merchant Discount Rates (MDR) on high-value merchant transactions, aiming to create a self-sustaining revenue model for the ecosystem while keeping P2P and low-value payments free. This move could generate significant revenue and encourage ecosystem participation.
India and China have agreed to advance discussions on an "Early and Substantial Harvest" of boundary delimitation and border management during the 25th round of Special Representatives talks between National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi in Beijing. Both sides reached an eight-point consensus, committing to the 2005 Agreement on Political Parameters and Guiding Principles for Settlement. Key outcomes include enhancing border management, improving understanding of the Line of Actual Control, establishing new meeting points and hotlines, and continuing cooperation on trans-border rivers and pilgrimage.
Paralympic Committee of India president Devendra Jhajharia expressed confidence in the Indian contingent's performance at the upcoming Asian Para Games in Japan. He highlighted the team's focused training, stress-free environment, and recent successes, while also outlining long-term plans for the 2028 and 2032 Paralympics and addressing grassroots development challenges.
Indian tennis player Dhakshineswar Suresh discusses the significant transition from collegiate tennis to the professional tour, highlighting the challenges of travelling alone, managing his body, and maintaining consistency. He shares insights on the importance of off-court preparation, physical fitness, and setting ambitious goals like breaking into the top 250.
The Indian Olympic Association (IOA) is poised to approve significant constitutional amendments to comply with the National Sports Governance Act 2025. These changes, already endorsed by the executive committee, will be formalised at a Special General Body Meeting. Key areas of reform include age and tenure guidelines for office bearers, which differ from the existing IOA rules, and a potential reduction in the Executive Committee's size. The General House will also discuss the upcoming December elections.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
In 100 days in office, Chief Minister V D Satheesan has ordered five SITs. This would appear to be some kind of a record, points out Aditi Phadnis.
