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.
The Indian men's hockey team secured a dominant 8-2 victory over Korea at the Asian Games, largely thanks to a hat-trick from striker Dilpreet Singh. This win marks India's third consecutive triumph, placing them at the top of Pool A and virtually guaranteeing a spot in the semifinals.
Ticket sales for the third season of the Super League Kerala have commenced, with the inaugural ticket presented to Chief Minister V D Satheesan. The tournament is set to begin on September 25, featuring defending champions Kannur Warriors FC against last season's runners-up Thrissur Magic FC in the opening match. Fans can purchase tickets online and season passes for club home matches.
Three BJP allies, including LJP (Ram Vilas), TDP, and RLM, have called on the Election Commission for a clearer explanation regarding concerns raised by two Election Commissioners over the voter list revision process. Union Minister Chirag Paswan warned that public faith in elections was at stake, while the EC asserted that differing views among its members were normal and final decisions were unanimous.
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.
A seven-year-old girl in Balrampur, Uttar Pradesh, died after allegedly collapsing due to loud music from a Ganesh immersion procession. Two individuals, the DJ owner and operator, have been arrested, and a police officer suspended for negligence. The incident has led to a ban on DJs during upcoming festivals in the municipal area.
Pune, India, has been selected to host the UCI Road World Championships in 2032, marking the first time the prestigious cycling event will come to the country. This historic achievement is the result of a collaborative bid by the Government of Maharashtra and the Cycling Federation of India, supported by the Government of India, aiming to establish Pune as a premier global cycling destination. The decision was announced at the UCI Congress in Montreal after Pune's successful presentation, highlighting India's growing potential in the sport.
KPMG in India CEO Yezdi Nagporewalla expressed concern over the high valuations of global AI companies, deeming them unsustainable. He believes India, despite a late start, has a strong chance to develop its own unique Local Language Models due to its robust tech ecosystem and global capability centres.
A shocking incident in Amroha sees four law enforcement personnel, including Uttar Pradesh Police and CRPF members, arrested for the alleged gangrape of a woman, sparking outrage and calls for stringent action.
Quimcy Dsouza has taken an unusual route to the Asian Games, moving from athletics and football to becoming one of India's leading Teqball players.
Indian rower Salman Khan, who once worked as an Uber driver, has won a historic bronze medal in men's double sculls at the Asian Games. His journey from supporting his family after his father's death to joining the Indian Army and becoming an Asian Games medallist is truly inspiring.
India's shooting campaign at the Asian Games faced a setback as Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final, extending the country's wait for a gold medal. Despite strong qualification, the Indian pair struggled in the final, while China secured gold with a world record. This follows other near-misses for India, highlighting the intense competition and the need to convert strong starts into medals. The focus now shifts to upcoming events, including Manu Bhaker's participation.
Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.
A petition has been filed in the Supreme Court challenging Chief Election Commissioner Gyanesh Kumar over alleged statutory duty violations and the controversial deletion of 13 crore voters during the Special Intensive Revision of electoral rolls, claiming decisions were made without the concurrence of other election commissioners.
'Credit to the Japan team for taking on the challenge and putting up a fight.'
IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.
Hansi Flick has become the first Barcelona manager to win the club's opening seven competitive matches of a season after a dominant 7-2 victory over Racing Santander.
The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
India's men's and women's Kabaddi teams successfully defended their gold medals at the Asian Games, both defeating Iran in their respective finals. The men's team secured their ninth gold with a 40-34 victory, while the women's team clinched their fourth gold with a 37-34 win, showcasing strategic play and composure under pressure.
Dera Sacha Sauda chief Gurmeet Ram Rahim Singh has returned to Sunaria jail in Rohtak after his 21-day furlough concluded. This marks his 17th temporary release since his 2017 conviction for rape. Singh, who is serving a 20-year sentence, recently saw acquittals in two separate 2002 murder cases by the Punjab and Haryana High Court.
Indian women's cricket team captain Harmanpreet Kaur expressed her joy and hope after securing a gold medal at the Asian Games, defeating Sri Lanka. She believes this victory will inspire other Indian athletes to win more medals and highlighted the team's focus on adapting to conditions despite initial concerns about facilities in Japan. Kaur also reflected on the unique experience of winning a medal for the country compared to traditional trophies.
If a bank sold the policy, complain to its grievance cell and, if necessary, escalate the complaint to the Reserve Bank of India Ombudsman.
The Sports Authority of India (SAI) has increased its on-ground support for Indian athletes at the Asian Games in Japan, providing transport for shooters and accommodation for staff, following reports of logistical issues and international criticism against the Organising Committee.
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
The CBI has registered an FIR in the Disha Salian death case, following a Bombay High Court order that criticised Mumbai Police for its six-year delay and "glaring discrepancies" in the investigation. Salian, former manager of Sushant Singh Rajput, died in June 2020, a week before Rajput's own death, which led to speculation about a connection. The High Court had expressed concerns over the Mumbai Police's handling of the case, which was initially treated as an accidental death.
Chinese President Xi Jinping's arrival in Washington marks a pivotal moment for global diplomacy, as he advocates for a "partners, not rivals" approach to US-China relations amidst high-stakes discussions on trade, technology, and international stability.
Indian shooting duo Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final at the Asian Games, unable to convert a strong qualification performance into a medal. China won gold with a world record, while South Korea and Japan secured silver and bronze respectively.
Star Indian batter Smriti Mandhana discusses the team's future aspirations after securing a second consecutive Asian Games gold medal. She emphasises the need for continuous improvement over the next two years to prepare for the tougher competition expected at the 2028 Los Angeles Olympics, highlighting the unique pride of contributing to India's overall medal tally.
Dhoomakethu has a fun time-loop premise, a game Sajin Gopu and some genuinely funny moments, but runs out of steam long before Kuttan can break free.
As Nani gears up for the ambitious The Paradise, we look back at his most memorable performances, from a vengeful housefly to a fiery revolutionary and to a Saturday-only action hero.
Top Meta India executives, including chief Arun Srinivas, appeared before the National Commission for Protection of Child Rights (NCPCR) for the second time in a week regarding alleged Child Sexual Exploitative and Abuse Material (CSEAM) related advertisements on its platforms. Meta has committed to reporting child safety matters directly to India's I4C cybercrime portal, a significant shift from its previous practice of reporting to a US-based centre. The government is pushing for stronger safeguards and accountability from social media platforms to ensure online child safety.
Indian wrestler Antim Panghal, a two-time senior World medallist and U-20 world champion, expresses her ambition to create records that will never be broken. She reveals her motivation stems from her family and coaches, not personal glory, and discusses her evolving strategy and rigorous preparation for upcoming competitions.
Star Indian weightlifter Mirabai Chanu is set to compete in the Asian Games, aiming to secure her first medal at the event. Despite an Olympic silver and world title, an Asian Games medal remains the only major honour missing from her collection, making this a crucial competition for her.
Indian golfer Pranavi Urs finished Tied 17th at the La Sella Open, leading the Indian contingent. The event, reduced to 54 holes due to weather, also saw Avani Prashanth finish T-27, while other Indian players missed the cut. Charlotte Heath of England won the title.
India experienced a day of mixed results at the Asian Games, securing a gold medal in shooting through Suruchi Singh and Kamaljeet, and a silver in men's 10,000m with Gulveer Singh. However, a major setback occurred with the unexpected early exit of top badminton men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty. The nation also added several bronze medals in pole vault, shot put, table tennis, and assured more in squash, pushing its total medal count to 23.
GMR Aero Technic (GAT) and StandardAero have signed an agreement to establish an authorised service centre in India for on-wing engine support in the Asia-Pacific (APAC) region. This partnership aims to combine StandardAero's engine aftermarket expertise with GMR Aero Technic's MRO capabilities, offering a comprehensive range of specialised engine maintenance services to minimise aircraft downtime and enhance operational efficiency for airlines and operators in the region.
Indian shooter Elavenil Valarivan secured two silver medals at the Aichi-Nagoya Asian Games, winning an individual silver in the women's 10m air rifle event and contributing to a team silver. Her individual performance saw her finish closely behind Japan's Hinata Taichi, who set a new Asian Games record.
