NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.
PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.
A Delhi court has granted bail to six individuals accused in a scam related to the Delhi government's 'Jai Bhim Mukhyamantri Pratibha Vikas Yojana'. The court cited the principle that bail is the rule and denial is an exception.
A Gurugram court has sentenced a 24-year-old man to 20 years of rigorous imprisonment and a fine of Rs 20,000 for raping a minor girl. The conviction followed a complaint lodged in September 2022, leading to the accused's arrest, investigation, and effective prosecution by Gurugram Police.
The Delhi High Court has refused anticipatory bail to YouTuber Ajeet Bharti in a case involving alleged casteist remarks against Nagina MP Chandrashekhar Azad, citing a statutory bar under the SC/ST Act.
Indian athletes secured five medals, including two silvers, at the ongoing Asian Games in Nagoya. Long jumper Ancy Sojan and high jumper Sarvesh Kushare each won silver, while decathlete Tejaswin Shankar, 3000m steeplechaser Parul Chaudhary, and 200m runner Harita Bhadra clinched bronze medals, contributing to India's growing tally.
The Indian government has challenged Congress leader Rahul Gandhi's criticism of levying fees on UPI payments above Rs 2,000 to merchants. The government highlighted that a parliamentary standing committee, which included Congress MPs, had previously backed a tiered Merchant Discount Rate (MDR) framework for UPI. This move aims to ensure the financial sustainability of the UPI ecosystem and reduce its dependence on government subsidies, a concern raised by the committee due to the significant funding gap between allocations and operational costs.
Haryanvi singer and YouTuber Ankit Balyan was shot dead in Shamli, Uttar Pradesh. Police, including the UPSTF, are actively investigating, tracing the assailants to Haryana using CCTV footage. A gang has claimed responsibility, and the incident has sparked protests and political criticism over the state's law and order situation.
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.
'We desperately want India to send the army as the evacuation process needs to be escalated immediately.'
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.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Poor families, she said, cut corners on their own needs to pay for coaching and fees, and when their child clears JEE, it's the happiest day the family has had in years. So why, she asked, her voice already starting to climb, does the same system that we're told is the best in the country keep pushing those very students toward what she called 'institutional deaths'?
An 18-year-old man, Ankit, went missing after being swept away by rainwater in a drain in southeast Delhi's Priyanka Camp area during heavy downpour. A large-scale search operation involving rescue teams from the Delhi Disaster Management Authority and Delhi Fire Service is underway, but he has not yet been traced.
'This will bring in a lot of net new users to UPI.'
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
Suriya and Mamitha Baiju light up this warm-hearted family entertainer, even if the film loses some of its spark in the second half.
One person has been arrested in Balrampur for allegedly posting objectionable remarks about Dr B R Ambedkar on social media. The arrest followed a complaint by the Bhim Army district president, leading to a case registered under the SC/ST (Prevention of Atrocities) Act and IT Act against three individuals. Police are continuing their investigation to apprehend the other accused.
A Delhi court has granted bail to a director of a coaching institute accused in an alleged scam linked to a Delhi government scheme, stating that his continued imprisonment would serve no purpose.
Activist Sonam Wangchuk's health is deteriorating on the 18th day of his hunger strike, with his weight dropping significantly and vital signs requiring continuous monitoring. The Cockroach Janta Party (CJP) has accused the government of 'cruelty' for its refusal to engage in dialogue regarding alleged NEET irregularities, intensifying calls for accountability from Prime Minister Narendra Modi and Education Minister Dharmendra Pradhan.
Educator and climate activist Sonam Wangchuk's indefinite hunger strike has entered its 20th day, with doctors warning of his critical health condition. Despite this, Wangchuk is resolute in his call for a peaceful march to Parliament on July 20, coinciding with the Monsoon Session's opening, to protest alleged examination irregularities and demand the Union education minister's resignation.
A Dalit bride in Rajasthan was forced to dismount from a mare during her wedding procession, sparking outrage and protests. The incident has led to demands for a fair investigation and action against those responsible.
A clash between two rival groups in Thane, Maharashtra, over a construction dispute resulted in injuries to four people. The incident involved stone-throwing and attacks with iron rods, leading to property damage and the registration of FIRs against 20 individuals.
Gurugram police have arrested two individuals, including the alleged shooter, in connection with a firing incident in Sector 10 that injured one person and damaged vehicles. The incident reportedly stemmed from a financial dispute involving Rs 11.5 lakh.
A wedding celebration in Uttar Pradesh turned violent after a dispute over music selection led to a shooting and the cancellation of the wedding.
A man was injured after a teacher's husband allegedly opened fire on a government school premises in Rajasthan's Karauli district following a dispute over leave denial.
The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.
A 46-year-old shopkeeper, Ram Sahay Jaiswal, has been arrested in Chhattisgarh's Balodabazar district for allegedly poisoning eight men with borax powder over four months, driven by revenge and grudges.
The Cockroach Janta Party (CJP), led by Abhijit Dipke, is staging a protest at Jantar Mantar, demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged examination irregularities and repeated paper leaks. Dipke has stated he will not leave until their demands are met and has requested Delhi Police to extend permission for the ongoing demonstration.
A statue of Dr. Bhim Rao Ambedkar was desecrated in Vehalna village, Muzaffarnagar, Uttar Pradesh, leading to heightened security measures and a police investigation.
India's National Anti-Doping Agency (NADA) has provisionally suspended 24 athletes across various sports, including cricketer Bhupen Lalwani, weightlifter Ajith Narayana, wrestler Sahil Jaglan, and national record holder runner KM Deeksha, for failing dope tests. The suspensions highlight ongoing challenges with doping in Indian sports.
Police in Hazaribagh, Jharkhand, have arrested a mother, an occult practitioner, and a man in connection with the ritualistic killing of a teenage girl. The girl was allegedly strangled as a sacrifice to cure the mother's son.
Police in Hazaribagh, Jharkhand, have arrested a mother, an occult practitioner, and a man in connection with the ritualistic killing of a teenage girl. The girl was allegedly sacrificed to cure the mother's son.
Police in Hazaribagh, Jharkhand, have arrested a mother, an occult practitioner, and a man in connection with the sacrificial ritual killing of a teenage girl. The arrests follow an investigation into the girl's death, initially reported as a rape and murder.
Police in Hazaribag, Jharkhand, have arrested a mother, an occult practitioner, and a man in connection with the ritualistic killing of a teenage girl. The girl was allegedly strangled as a sacrifice to cure the mother's ailing son.
The bodies of a father and son, who had been missing for days, were recovered in Shamli district, Uttar Pradesh. Police suspect they were killed during a robbery.
Security forces continue 'Operation Sheruwali' for the seventh day in Rajouri district, Jammu and Kashmir, to hunt down Pakistani terrorists, while another anti-terrorist search operation was launched in neighbouring Poonch district.
All about India's favorite summer beverage/dessert indulgences.
The National Commission for Women (NCW) is investigating the alleged killing of a 12-year-old girl in Jharkhand's Hazaribagh district, reportedly as part of an occult ritual. The NCW panel visited the site and met with the victim's family and locals, but reported a lack of cooperation from local authorities in providing key documents related to the case.
