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.
Kerala Police officer Bobby Sabu has broken a 39-year-old triple jump record at the 47th Kerala Police State Athletics Meet with a 15.93-metre effort. This achievement follows his recent gold medal win at the All India Police Duty Meet, marking a significant milestone in his athletic career.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
The BJP has announced Hasirani Rath, mother of slain former aide to Suvendu Adhikari, as its candidate for the Nandigram bypoll, aiming for an emotive campaign. The party also named Sakharav Sarkar for the Rejinagar seat. These bypolls are set against a backdrop of multi-cornered contests and internal TMC disputes, with voting scheduled for October 6.
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.
Hardik Pandya, who has been sidelined from the Indian team for the last 7-8 months due to a quadriceps injury, has been enjoying recovery time with his loved one and away from the limelight.
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.
An Indian-origin woman, Anila Baby, has been arrested in California for allegedly murdering two of her friends, Ann Mary Mathew and Anjana Hari, in separate incidents within 90 minutes. The victims, also of Indian origin from Kerala, were reportedly strangled and stabbed, and run over by a car. The motive remains under investigation, and Baby faces two counts of first-degree murder.
The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
The Wrestling Federation of India (WFI) has implemented a new two-stage trial system for the 2026 Senior World Championships. This policy allows wrestlers participating in the Asian Games to also compete for a spot in the World Championships team through a "final trial," addressing the overlap between the two major events. The first phase of trials is scheduled for September 14-15, with specific provisions for certain weight categories and U23 championships.
Smriti Mandhana's record 124 powered India to a 137-run win over Hong Kong, while Deepti Sharma and fellow bowlers completed the rout and exposed little resistance from opponents.
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.
It is not easy to score two consecutive Test centuries unless one knows how to play the good ball on its merit and punish the bad ball to full effect.
India has withdrawn from the inaugural FIFA ASEAN Cup to prioritise a high-profile international friendly against five-time world champions Brazil in October. This decision, confirmed by AIFF, means India will miss facing Southeast Asian teams in a FIFA-sanctioned competition, opting instead for a more challenging opponent to improve its international standing.
India is reportedly exploring an ODI series in South Africa before the 2027 World Cup, a move initiated by the team management to gain crucial exposure to conditions and fine-tune preparations for the tournament.
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.
The Indian Air Force has launched 'Dronathon 2026' at the Pokhran range in Jaisalmer, a three-day event showcasing advancements in unmanned aerial systems (UAS) and counter-UAS technologies by domestic manufacturers. The initiative aims to bolster the IAF's capabilities in the unmanned domain, align with the 'Atmanirbhar Bharat' objective, and assess indigenous technologies against operational requirements through live demonstrations. It also fosters interaction between the IAF, industry, and even students, promoting the development of scalable unmanned solutions.
India completed their 600th Test with a 165-run win over Sri Lanka. Here's how India evolved from early struggles into a modern Test cricket powerhouse.
The Supreme Court has directed the Jammu and Kashmir administration to issue a no-objection certificate and relieving order to international water sports coach Bilquis Mir, enabling her to join the Indian National Kayaking and Canoeing Team as chief coach for the Asian Games. This ruling came after PDP chief Mehbooba Mufti criticised the bureaucratic hurdles faced by Mir, highlighting systemic issues within the administration.
Pakistan hockey legend Samiullah Khan has advised his team to focus on a strong defence and avoid conceding penalty corners in their crucial FIH World Cup match against India. He also highlighted the need for a long-term vision in Pakistan hockey, similar to India's transformation, and lamented the fading intensity of the historic rivalry.
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 National Investigation Agency (NIA) has filed a chargesheet against seven foreign nationals, including a US citizen and six Ukrainians, for illegal entry and alleged terror conspiracy with ethnic armed groups, though the stringent UAPA anti-terror law was not invoked at this stage.
The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?
Pakistan hockey legend Samiullah Khan has advised his team to focus on a strong defence and avoid conceding penalty corners in their crucial FIH World Cup pool match against India. He also highlighted the need for a long-term vision in Pakistan hockey, similar to India's transformation, and lamented the fading intensity of the historic rivalry, urging both teams to bring back skill and artistry to attract fans.
Prime Minister Narendra Modi, addressing the nation from the Red Fort on Independence Day, declared that India is undergoing a rapid transformation across various sectors and is firmly on track to become a developed nation by 2047.
Investors opening new brokerage accounts must choose a broker suited to their style.
A new report by Philips indicates that Artificial Intelligence is significantly enhancing healthcare in India, with 71% of professionals reporting increased patient capacity and 85% believing it improves patient outcomes. AI is also seen as a tool to improve access to quality healthcare in rural areas, with patients also embracing its benefits for more meaningful interactions with doctors.
Tamil Nadu Chief Minister C Joseph Vijay and actor-racer Ajith Kumar, known as 'Thalapathy' and 'Thala' respectively, shared a warm, lingering hug at the iconic Silverstone circuit in the UK.
The All India Football Federation (AIFF) has announced that the 2026-27 Indian Football League (IFL) season will begin on October 30. Following a successful 2025-26 season with significantly increased viewership, the upcoming season will feature new regulations, including a limit of three foreign players on the pitch, and an expanded footprint with new venues in Nagaland and Odisha. Discussions also covered the IFL Charter, budget, and broadcast partnerships.
India-Pakistan matches were never meant to be predictable -- it was meant to be unforgettable, notes K R Nayar.
India's head coach Gautam Gambhir's standing in red-ball cricket faces a crucial test as the team embarks on a two-Test series against Sri Lanka.
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.
The National Stock Exchange's (NSE) initial public offering (IPO) is expected to shrink in size to Rs 25,000-27,000 crore, down from an earlier estimate of Rs 30,000 crore, as some shareholders are reducing their offer for sale (OFS) stake.
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
'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.'
Star Indian pacer Jasprit Bumrah made a strong return to the nets at Kotla, showcasing his full range of skills and dominating young batsman Vaibhav Sooryavanshi. His presence brought a renewed energy to the team's training session, with even senior players like Shreyas Iyer struggling against his pace.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
The Indian hockey teams will return to their traditional blue jerseys for the upcoming Asian Games, reversing a controversial decision to switch to a saffron-coloured kit. The previous change had led to widespread criticism, internal discord within Hockey India, and even political debate, despite claims of visibility issues on blue turf.
