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 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.
The Anti-Corruption Bureau (ACB) has registered two separate First Information Reports (FIRs) against Sheeba Inayat, a Jammu and Kashmir Administrative Service (JKAS) officer. The charges include amassing assets disproportionate to her known income and alleged malpractices in the distribution of Public Distribution System (PDS) foodgrains, leading to a wrongful loss of over Rs 2.61 crore.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
Aryna Sabalenka's quest for a third consecutive US Open title concluded with a defeat to Elena Rybakina, a match where Sabalenka struggled with emotional control under pressure.
Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.
At 23, Arishfa Khan has already mastered the art of looking like she's floating through a dream sequence.
A 22-year-old man was brutally stabbed 17 times in east Delhi's Mandawali area by an accused who suspected the victim was having a relationship with his sister-in-law. The main accused, Keshav Kumar, has been arrested, and police are searching for a second assailant. The victim, Vansh Dedha, was the sole earning member of his family.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
The retro hair, the vintage clothing, that's not the real charm of these images. It's the ability to look at a screen and create the one thing modern technology has never been able to give us: the tactile, imperfect feeling of memory, points out Kaleem Ullah Fasihi.
Its unresolved, noncommittal conclusion is exactly the sort of anticlimactic reality Daayra wants to bring our attention to. Neither justice nor revenge can undo the fate met by the world's Nirbhayas or Arushis, observes Sukanya Verma.
Ganges Grandmasters have secured a spot in the Global Chess League finals despite a loss to PBG Alaskan Knights. Defending champions Alpine APL Pipers, however, suffered a defeat against Triveni Continental Knights, leaving their final berth dependent on the outcome of the last league match. Key moments included Ian Nepomniachtchi's draw against Viswanathan Anand and Magnus Carlsen's first loss in the competition to Alireza Firouzja.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.
Some colour combinations just make sense. Black and white, blue and denim, pink and red -- we've seen them all before.
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.
The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.
Indian women's hockey coach Sjoerd Marijne discusses the team's preparations and strategy for the upcoming Asian Games. He highlights the different challenge posed by lower-ranked opponents compared to the World Cup, emphasising the need for effective scoring and maintaining focus. Marijne also stresses using the World Cup disappointment as motivation for gold and the importance of humility and unity within the team.
The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.
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".
The Mumbai-Delhi air route, the country's largest and most lucrative, is witnessing an intense battle for supremacy between IndiGo and the Air India group, with Akasa Air emerging as a significant third player, according to recent data.
A 65-year-old retired scientist, Sanjay Kadam, died after suffering a cardiac arrest during the Satara Hill Half Marathon. Despite immediate CPR and medical intervention, including an angioplasty, he succumbed to a second massive cardiac attack hours later. Organisers highlighted their medical preparedness, including medical ID tags and deployed emergency teams.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'
'It appears to be a combination: A glacier breaking away, and a dam-like formation downstream reaching capacity and releasing water suddenly.'
'I want to make it absolutely clear that I did not say that Rani Padmavati was a coward, or that the other women, the queens of the palace, and the women who did Jauhar were cowards.'
'He didn't touch upon the core questions raised by the nine employee associations.'
BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
Tamil Nadu Chief Minister C Joseph Vijay is set to chair a crucial TVK alliance coordination meeting in Chennai. The meeting aims to formalise the ruling coalition's structure, common minimum programme, and joint steering committee. However, the absence of key Left allies and a public rift between TVK and Congress over national leadership aspirations threaten to destabilise the alliance, highlighting a significant test for CM Vijay's political management.
Lamine Yamal has made Champions League glory his primary target, aiming to help Barcelona end their 11-year European drought while embracing greater leadership responsibility.
Last Man In Tower is an unsettling portrait of a society that can turn against one another when greed dangles the promise of a better life, observes Sreeju Sudhakaran.
Abhishek Sharma roared back to form with a blistering 84 off 32 balls, while Arshdeep Singh's superb 3 for 19 helped India cruise to a seven-wicket win over Afghanistan in the opening T20I in Delhi on Sunday.
August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.
Erica Fernandes has never been the kind of actor you can neatly put in a style box. Her wardrobe moves from futuristic glamour to boho ease, desi romance to sharp tailoring, often making the unexpected look completely effortless.
Sriya Reddy has never really done the sweet 'n' simple thing. Even before Mahakali put her in the spotlight, her fashion choices have had a certain don't-mess-with-me energy.
Karnataka Higher Education Minister Basavaraj Rayareddi stated that Islam is "greater" than other religions and expressed a desire to visit Mecca, despite being a non-Muslim. These remarks, made at a mass marriage event, drew sharp criticism from BJP leader R Ashoka, who accused the minister of portraying Sanatana Dharma in an inferior light and demanded his apology or removal from the cabinet by Chief Minister DK Shivakumar.
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.
