A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
A new study published in AGU Advances reveals that extreme heat events are becoming more frequent and expanding beyond traditional summer months globally. This expansion is asymmetric, occurring earlier in spring in regions like western Europe and northwestern India, and later into autumn in areas such as the western US and eastern China. Researchers highlight the challenges this poses for human acclimatisation and community preparedness, as existing infrastructure like cooling centres are built around historical summer calendars.
Reigning world champion Sheetal Devi has secured a medal for India by reaching the women's compound individual final at the World Archery Para Series.
Senior Congress leader Shashi Tharoor has articulated India's position on BRICS, advocating for it to be a "non-West, but not anti-West" platform, a stance he believes is crucial for India's national interest. He highlighted the prestige of hosting the BRICS summit, India's responsibility to represent the Global South, and the significance of bilateral meetings, particularly with China and Russia. Tharoor also addressed the strained India-China relations, citing border issues and trade leverage, and discussed the challenges within BRICS, including difficulties in achieving consensus on global issues and trade imbalances, while also considering the need for diversified international relations amidst unpredictable US sanctions.
Pakistan women's cricket team secured a narrow three-wicket victory over Thailand in a low-scoring thriller at the 2026 Asian Games, qualifying for the semi-finals despite a challenging chase in a rain-affected match.
India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.
Pakistan is set to participate in the Men's Asian Champions Trophy hockey tournament in India, with Punjab Chief Minister Bhagwant Mann confirming the union government's policy allows multi-lateral engagements despite bilateral tensions. The tournament, featuring six nations including India and Pakistan, will be held from October 27 to November 5 in Jalandhar and Mohali, with free entry for all matches.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Young Indian shuttler Mansi Singh secured a runner-up finish at the Indonesia Masters Super 100 badminton tournament, losing to China's Xu Wen Jing in the women's singles final. This marks her second runner-up finish this year.
Bengaluru-based Remidio Innovative Solutions has secured a patent from the Japan Patent Office for its deep learning system that automates retinal image capture. This new patent enhances their existing intellectual property in Japan, strengthening their integrated AI platform and making retinal screening more accessible and cost-effective.
Indian badminton star P V Sindhu was defeated by China's Chen Yufei in the second round of the China Open. Sindhu expressed frustration over the tournament's scheduling, which she felt gave her inadequate recovery time compared to her opponent.
This article details the quarter-century journey of BRICS, from its inception as an economic acronym by a Goldman Sachs economist to its current status as an expanded eleven-member international bloc. It highlights its growth, key historical moments, and the significance of its upcoming summit, particularly with Iran's renewed importance in discussions.
Double Olympic medallist Manu Bhaker and defending shot put champion Tajinderpal Singh Toor have been selected as India's flag-bearers for the Asian Games opening ceremony. This decision highlights the significant contributions of shooting and athletics to India's medal tally, with a 158-strong contingent participating in the event.
Wushu player Divyanshi Choudhary has alleged physical and mental harassment by the national federation after being dropped from the Asian Games squad on medical grounds. Choudhary claims she was replaced despite doctor's clearance, while the Wushu Association of India maintains she had an ACL tear. The athlete, who defeated her replacement in trials, expressed distress and even threatened self-harm in a video.
The 20th Aichi-Nagoya Asian Games, running from September 19 to October 4, will feature approximately 17,000 athletes from 45 countries competing in 469 medal events across 43 sports. Japan hosts for the third time, introducing new sports like mixed martial arts and virtual taekwondo, while also serving as a qualifier for the 2028 Los Angeles Olympics.
India's under-21 men's and women's hockey teams are set to begin their AHF Junior Asia Cup campaigns in Moqi, China. The men's team aims for a record-extending sixth title, while the women's team seeks a hat-trick of trophies, both having undergone extensive preparations and exposure tours.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
The Indian junior women's hockey team secured a spot in the Asia Cup quarterfinals after a dominant 7-0 victory over Japan. This win marks their third consecutive triumph in the Elite Pool, placing them at the top with nine points. They will now face China to determine the top position in the pool.
The US House of Representatives has advanced a bill that would empower President Donald Trump to impose 100 per cent tariffs on countries, including India, that purchase oil and gas from Russia, and also extend sanctions on Iran. The legislation, which previously passed the Senate, aims to curb Russia's energy revenue amidst the Ukraine conflict.
Pakistan has formally requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. The tournament is scheduled for October 27 to November 5 in Mohali and Jalandhar. This request follows earlier claims of Pakistan's participation and past withdrawals from events in India.
Wushu player Divyanshi Choudhary, dropped from the Asian Games squad due to an alleged ACL tear, has accused the national federation of physical and mental harassment, claiming she was cleared by doctors to compete and was replaced unfairly.
Wushu player Divyanshi Choudhary, dropped from the Asian Games squad due to an alleged ACL tear, has accused the national federation of physical and mental harassment, claiming she was medically cleared to compete. The Wushu Association of India maintains she was replaced due to a high-grade ACL tear confirmed by MRI, while Divyanshi alleges foul play to favour another athlete.
The Indian women's junior hockey team, led by Khaidem Shileima Chanu and coached by Tim White, is set to compete in the AHF Women's Junior Asia Cup in Moqi, China, from September 4 to 13. The team has undergone extensive preparations, including an exposure tour to the UK and matches against an India A side, and is confident of a strong performance against top Asian rivals.
Refusing to travel to India citing "sensitive bilateral situation", Pakistan on Wednesday asked the Asian Hockey Federation to shift its Asian Champions Trophy matches to a neutral venue.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
The Boxing Federation of India (BFI) has announced its comprehensive selection policy for the 2028 Los Angeles Olympics. The policy outlines a four-stage qualification pathway, with medallists from the 2026 Asian Games directly qualifying for the 2027 World Boxing Championships, which serves as the first Olympic qualifier.
Indian shooter Vidarsa Vinod, making her Asian Games debut at 27, secured a silver medal in the women's 10m air rifle team event. Despite missing an individual final, Vinod maintained a calm demeanour, treating the continental stage like any other competition. Her journey from an NCC cadet to an international medallist highlights her rapid progression and adaptability, especially as she only recently started training in the 10m air rifle discipline.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
Pakistan has requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. Hockey India has rejected this demand, stating there will be no change in venue for the tournament scheduled in Mohali and Jalandhar from October 27 to November 5. Pakistan's participation remains uncertain, with potential replacements like Bangladesh and Oman being considered.
Maharashtra Chief Minister Devendra Fadnavis on Monday said that the state government has already constituted a committee to prepare the Uniform Civil Code (UCC) and that the law will be implemented after the committee submits its report.
India has opened its Asian Games medal tally with two silvers in shooting, driven by Elavenil Valarivan's performance, and secured an unexpected podium finish in Mixed Martial Arts. The women's cricket team also advanced to the finals, aiming for a second consecutive gold.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Carlos Alcaraz swapped his headline-making tank top for an undershirt after revealing too much chest, then beat Wu Yibing in straight sets to reach the US Open fourth round.
Typhoon Bavi made landfall in eastern China, leading to the evacuation of nearly 2 million people. Authorities issued red alerts for rainstorms and orange alerts for the typhoon, causing widespread cancellations of flights and ferry services, and the closure of tourist attractions.
India is set to begin its Asian Games shooting campaign in Nagoya with a formidable 30-member squad, featuring Olympic medallist Manu Bhaker and other world-class performers. The team aims to build on its previous success, with strong prospects in rifle, pistol, and shotgun events, facing a significant challenge from China.
Indian men's hockey coach Craig Fulton discusses the team's preparations for the Asian Games, aiming to defend their title and secure direct qualification for the 2028 Los Angeles Olympics.
'God has given me a second life.'
The Ministry of External Affairs reported that 275 Indians remain missing following devastating flash floods along the Nepal-Tibet border, while 166 others have been rescued. India has supplied 95 tonnes of relief material and deployed 54 personnel, including rescue and forensic experts, to assist Nepal. The death toll in Nepal has reached 1,295, with thousands still missing, and significant infrastructure damage reported. India has also highlighted the need for developed countries to lead in climate change action.
A massive mudslide near the China-Nepal border in Tibet has left three people dead and 588 missing. Chinese President Xi Jinping has ordered all-out rescue efforts, with the PLA mobilising forces for search and relief operations in the affected Gyirong County. The Indian Embassy has also issued an advisory for stranded Indians.
