Olympic silver medallist Vijay Kumar has urged the 30-member Indian shooting contingent for the Asian Games to prioritise individual medals over team events. He also highlighted the need for significant improvements in coaching, advocating for more former international medallists in the system, and stressed the importance of better grassroots talent identification, drawing comparisons with China. Kumar also commented on the void left by coach Jaspal Rana's death and questioned recent selection policies.
Buyers should check their scope and triggers and whether they need such policies alongside their regular health insurance.
The Delhi High Court has declined to intervene in the Centre's decision not to send an Indian contingent for the men's 94 kg Jiu-Jitsu category at the Asian Games, dismissing a petition by athlete Shubham Kumar. The court stated it cannot compel participation when authorities have made a decision, especially as the Games have already commenced, rendering effective relief impossible.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
PAYD suits infrequent drivers who can estimate annual mileage.
Indian women's cricket captain Harmanpreet Kaur maintained the BCCI's 'No Handshake' policy with Pakistan's Fatima Sana at the toss of their T20 World Cup match, a policy reportedly initiated after a terror attack and military operation last year.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
The Unique Identification Authority of India (UIDAI) is actively working on plans to expand Aadhaar's reach globally, particularly to benefit non-resident Indians (NRIs) and overseas citizens of India (OCIs). This initiative aims to enhance interoperability, attract investment, and streamline digital identification processes, with new guidelines for merchants and products like Aadhaar Lite also in development.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.
Members of the Tibetan community in exile held a symbolic protest march in Delhi's Majnu Ka Tila ahead of Chinese President Xi Jinping's visit to India for the BRICS 2026 Summit, voicing opposition to Beijing's policies in Tibet.
The BCCI's member units have authorised office-bearers to make a decision regarding the extension of chief selector Ajit Agarkar's contract, which is set to expire early next month, and to fill vacancies in the junior selection committee.
Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
The Election Commission of India has addressed reports of internal dissent among its commissioners and clarified that all Special Intensive Revision (SIR) orders and Form 6 updates for voter enrolment received unanimous consent and were upheld by the Supreme Court. The EC also announced measures to ease the process for voters issued notices, including doorstep document collection and extended deadlines in Delhi and Maharashtra, while affirming its commitment to transparent decision-making and meticulous compliance with directives.
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.
Indian benchmark indices, Sensex and Nifty, traded marginally higher in early trade despite the US Federal Reserve's recent rate hike and indications of further tightening, with the National Stock Exchange's much-anticipated Rs 22,569-crore IPO also opening for subscription.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by value buying in banking stocks and select heavyweight counters, with the Sensex climbing 332.63 points and the Nifty ending above 23,200.
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
NPCI chief Dilip Asbe stated that only about 10 per cent of the total value of UPI transactions might see charges passed to consumers under the merchant discount rate (MDR). He clarified that large corporates are expected to absorb most costs, and a significant portion of transactions will remain charge-free. A new fund from MDR collection is also proposed to boost UPI acceptance among small merchants.
NPCI chief Dilip Asbe stated that only about 10% of UPI transaction value might see charges passed to consumers, primarily from large corporates already absorbing credit card fees. He highlighted that 80% of Merchant Discount Rate (MDR) would come from businesses with over Rs 1,000 crore turnover, and a significant portion of transactions will remain charge-free. A new fund, potentially Rs 3,000 crore, will also be created from MDR collection to support small merchants and accelerate UPI acceptance.
We are back to the 1971 moment with both China and the US supporting Pakistan, asserts Colonel Anil A Athale (retd).
As India's decline continued on global indices, the government first blamed methodology and then motives. This is where we remain today as we wish each other and ourselves a happy Independence Day, points out Aakar Patel.
The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
The BCCI has significantly revised the pay structure for umpires and match referees after a decade, introducing new categories and substantially increasing per-day fees. A merit-based promotion and relegation system has also been implemented to ensure high standards in domestic cricket officiating. Additionally, the board addressed its stance on the National Sports Governance Act, updated age-fraud policies, and called for support for physically challenged cricketers.
Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.
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.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
The trophy is supposed to be the full stop to a tournament, not another comma in an India-Pakistan controversy, points out K R Nayar.
Former India cricket captain Virat Kohli met Maharashtra Deputy Chief Minister Eknath Shinde in London to discuss enhancing sports infrastructure, athlete development, and state progress. The meeting focused on policy improvements for sports facilities in Maharashtra and nurturing young talent, with Kohli expressing interest in supporting such initiatives.
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.
The Indian coal ministry announced that 147 commercial coal blocks auctioned since 2020 are expected to attract approximately 55,000 crore in capital investment, generate 490,000 jobs, and contribute significantly to state revenues.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
