The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
Prime Minister Narendra Modi employed Gen Z-friendly phrases like "OG" and referenced the film 'Dhurandhar' during his address at Delhi University's Shri Ram College of Commerce. This move, 13 years after a previous impactful speech at the same venue, is part of a broader strategy by the BJP to connect with younger audiences, contrasting India's past challenges with its current global standing.
The family of Chongtham Vikram Singh, a Manipuri musician beaten to death in south Delhi, has appealed for justice and an impartial probe, stating they seek accountability, not revenge, for his sudden loss.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.
Former Brazil captain Cafu discussed India's upcoming friendly against Brazil, highlighting the learning opportunity despite ranking differences. He also suggested India popularise football among children for growth, commented on Brazil's World Cup drought, and reflected on the evolving role of fullbacks in modern football.
Kerala's Ancy Sojan clinched the women's long jump title at the Indian Athletics Series Final, expressing strong confidence for the upcoming Asian Games where she aims to win gold and experience the national anthem on the podium.
A study by the Wildlife Institute of India in the Asola-Bhatti Wildlife Sanctuary reveals that abandoned mining areas have become the most bird-rich habitat, supporting 46 species. These former quarries, now featuring diverse scrub, grassland, rocky patches, and water pools, demonstrate nature's recovery after human disturbance ceased, highlighting the importance of habitat diversity for conservation.
Blue Machines AI has launched Floe, a context-aware language detection model designed for AI agents. Floe distinguishes between code-mixing and genuine language switches in multimodal interactions, supporting over 10 Indic languages with ultra-low latency. It aims to improve enterprise AI conversations by understanding user intent in multilingual settings.
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 Mumbai Cricket Association (MCA) has significantly increased its subsidy corpus for affiliated clubs to Rs 500 crore over the next decade, aiming to bolster grassroots cricket infrastructure. Additionally, the MCA decided to name lounges at the iconic Wankhede Stadium after cricket legends Sachin Tendulkar, Ajinkya Rahane, and late Madhav Mantri.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Law And Order not only delivers an outdated and amateurish gangster drama, but also manages to drag Mammootty's iconic Black character into the mess.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
Former chief selector and head coach Haroon Rasheed has attributed the decline of Pakistan cricket to the domestic structure changes implemented by former Prime Minister Imran Khan, who insisted on reducing first-class teams despite recommendations for a hybrid model.
This article details the quarter-century journey of BRICS, from its inception as an economic acronym by a Goldman Sachs economist to its current status as an expanded eleven-member international bloc. It highlights its growth, key historical moments, and the significance of its upcoming summit, particularly with Iran's renewed importance in discussions.
Football administrator Ranjit Bajaj has filed a writ petition in court, seeking directions for the All India Football Federation (AIFF) to immediately schedule and complete elections for its Executive Committee. Bajaj argues that the AIFF has already adopted a compliant constitution, making further deferment unjustified.
TMC MP Mahua Moitra was allegedly pelted with eggs by BJP workers during a visit to Nadia district's Tehatta area, despite police presence. Moitra invoked a recent Supreme Court observation regarding her apprehension of such attacks, questioning police inaction and alleging contempt of court. The BJP has condemned the act but denied involvement.
The Supreme Court will consider issues related to the Satya Niketan building collapse, which killed seven students, and has called for a time-bound inspection and safety audit of PG accommodations and similar establishments across Delhi. The court noted the overlap with its ongoing pan-India monitoring of unauthorised constructions and safety violations.
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.
Saransh Jain, India's Test cap No. 320, prioritised red-ball cricket over an IPL contract, a decision lauded by his coach Chandrakant Pandit, which ultimately led to his Test debut against Sri Lanka.
The Congress government in Karnataka has issued an order limiting the singing of 'Vande Mataram' to its first two stanzas at state programmes, with exceptions for events attended by high-ranking officials. This decision, based on a 1937 Congress resolution, has drawn sharp criticism from the opposition BJP, which labels it "appeasement politics" and an insult to the national symbol.
The BJP has accused the Congress of spreading "fake news" regarding UPI transaction charges, asserting that the government has clarified that consumers will not be levied merchant discount rate (MDR) charges. This comes after the Congress criticised a government notification, alleging it paves the way for imposing fees on UPI transactions. The BJP has strongly refuted these claims, highlighting that most UPI transactions remain free and the government provides incentives to maintain a charge-free ecosystem for users.
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.
Sonal Dinusha scored a brilliant century while the tail wagged around him as Sri Lanka earned a draw on the final day of the second Test in Colombo on Thursday but India claim the series 1-0.
Shubman Gill, India's Test captain, expresses comfort with his leadership role and highlights the team's progress. He acknowledges the challenge of qualifying for the World Test Championship final, requiring significant wins in upcoming matches. Gill also discusses the honour of leading India in its 600th Test and shares insights on playing conditions in Sri Lanka.
Wushu player Divyanshi Choudhary has alleged physical and mental harassment by the national federation after being dropped from the Asian Games squad on medical grounds. Choudhary claims she was replaced despite doctor's clearance, while the Wushu Association of India maintains she had an ACL tear. The athlete, who defeated her replacement in trials, expressed distress and even threatened self-harm in a video.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.
Australia's head coach Andrew McDonald has announced that the team will forgo traditional practice matches before their upcoming Border Gavaskar Trophy Test series in India, opting instead for a short preparatory camp in sub-continental conditions. This strategic decision aims to better acclimatise players for the challenging Indian pitches.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
Wushu player Divyanshi Choudhary, dropped from the Asian Games squad due to an alleged ACL tear, has accused the national federation of physical and mental harassment, claiming she was medically cleared to compete. The Wushu Association of India maintains she was replaced due to a high-grade ACL tear confirmed by MRI, while Divyanshi alleges foul play to favour another athlete.
