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 fifth edition of the Women's Premier League (WPL) is scheduled from January 14 to February 7, 2027, with the player auction slated for October 28 in Kochi, the BCCI confirmed.
A special NIA court in Chhattisgarh's Bastar district has sentenced all 10 convicts in the 2013 Jhiram Valley Maoist attack to death. The attack, which occurred on May 25, 2013, resulted in the deaths of 29 people, including prominent Congress leaders.
India has lodged a strong diplomatic protest with Pakistan following an 'unacceptable' naval collision in international waters, highlighting a breach of a bilateral agreement on military conduct after a Pakistani Navy vessel collided with an Indian Navy warship in the Arabian Sea.
India's T20 World Cup winning captain Suryakumar Yadav, known as 'SKY', celebrated Ganesh Chaturthi with his wife Devisha and baby girl Riddhima, sharing a heartwarming post on social media.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
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.
India's Consumer Affairs Secretary Nidhi Khare announced that cab aggregators have been ordered to cease advance tipping options, deeming the practice misleading and unfair. This follows the Central Consumer Protection Authority (CCPA) imposing a Rs 10 lakh penalty on Rapido for unfair business practices, including advance tipping and "dark patterns" that pressure users to pay more. Investigations into Uber and Ola are ongoing, with the government emphasizing that tipping should be voluntary and post-ride.
A minor dispute over a matchbox in northwest Delhi escalated into a fatal stabbing, leaving a 30-year-old construction worker dead and another man injured. Police have arrested three individuals, including the main accused, in connection with the incident.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.
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.
The Supreme Court has sought responses from the Maharashtra government and other parties regarding a plea to fell and transplant trees for a proposed National Centre of Excellence for Animation, Visual Effects, Gaming, Comics and Extended Reality in Mumbai's Film City. The project, deemed of "eminent national importance," requires the felling of 124 trees and transplanting 333, with compensatory afforestation planned. The court's intervention follows a previous order restricting tree felling in the Aarey colony.
A Thane court has acquitted a man accused of attempting to rape his stepdaughter in 2016, citing that the victim and her mother turned hostile during the trial and there was a lack of corroborating evidence. The court observed that the case likely stemmed from domestic differences that may have been resolved.
The Asian Games in Nagoya, Japan, are set to feature top athletes across various disciplines. This preview highlights key contenders like swimmers Pan Zhanle, javelin throwers Haruka Kitaguchi and Arshad Nadeem, badminton star An Se-young, gymnastic sensation Carlos Yulo, tennis prodigy Alexandra Eala, and the formidable Indian cricket teams, all poised to make a significant impact.
The Indian government has officially declared the Pakistan-based Shahzad Bhatti Network (SBN) a terrorist organisation under the Unlawful Activities (Prevention) Act (UAPA). This action, announced by Union Home Minister Amit Shah, targets a group involved in cross-border smuggling of arms, explosives, and narcotics, as well as inciting youth into terrorism and spreading hateful digital content. SBN is accused of threatening India's democratic structure, communal harmony, and internal security.
The Philippines Tennis Association has requested a WTA exemption for Alexandra Eala to participate in the Asian Games, which clashes with the mandatory China Open.
Real Madrid has defended its players' right to hold differing opinions after Kylian Mbappe and Vinicius Jr. obscured a solidarity message for the people of Ceuta on their shirts before a LaLiga match, an act that sparked controversy.
Harikesh Patel, a former member of the Patidar Anamat Andolan Samiti (PAAS), has been arrested by the Gujarat Anti-Terrorist Squad (ATS) for allegedly obtaining a second passport using forged documents. Patel had previously surrendered his original passport in connection with an ED money laundering case. He reportedly used the fraudulently obtained passport for international travel.
The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.
IPL players' auction for the 2027 season is slated to be held in India, marking a return after three overseas editions, with league chairman Arun Dhumal expressing a strong desire for a domestic venue.
'It's a harrowing book because in the first 100 pages, you have the first-person account of very young girl being abused. It's an important, crucial document from her point of view, but impossible to emotionally endure if one is to illustrate it on screen.'
Merchants will be subject to an 18 per cent Goods and Services Tax (GST) on the Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, but can mitigate this burden by claiming input tax credit (ITC), according to tax experts.
'The biggest difference between our marriage and that of our parents' generation is not simply that times have changed. It is that modern marriages require two people to continuously understand, support and adapt to each other while navigating a much more demanding world,' says Rahul Kulkarni.
Suriya and Jyotika marked their 20th wedding anniversary by renewing their vows in a touching ceremony.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
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 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.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
The Union Cabinet has approved an increase in the mandatory wage ceiling for Employees' Provident Fund Organisation (EPFO) coverage from Rs 15,000 to Rs 25,000 per month. This move, the first revision in 12 years, is set to extend social security benefits to over 51 lakh additional employees and reflects sustained wage growth and formal employment expansion.
China's dominant table tennis team is preparing for the Aichi-Nagoya Asian Games, bringing a mix of Olympic champions and young debutants. They are wary of the host nation Japan, particularly in the women's game, while also focusing on developing talent for the 2028 Olympics.
Opposition MPs have voiced strong criticism against the government's new fee on UPI payments exceeding Rs 2,000 to merchants, calling it "anti-people" and expressing widespread "outrage". The issue was raised in a Parliamentary Standing Committee meeting, where concerns were also flagged regarding the methodology of GDP growth calculation and the government's stance on Virtual Digital Assets.
Infinix has expanded its tablet portfolio with the global debut of the Xpad 30 Pro. The new model sports an 11-inch panel with 2.5K resolution and comes in three colour variants.
The Supreme Court has rejected pleas to reconstitute a high-powered committee investigating alleged police excesses against student protesters in Delhi, stating that the allegations against the panel were based on conjecture. The court emphasised the committee's role in ensuring fairness and transparency, and directed it to proceed with its inquiry into various issues including the use of pellet guns, targeted violence, and property destruction, while ensuring protection and confidentiality for vulnerable witnesses.
TOPGUN Shooting Academy is set to launch Vision Impaired (VI) Shooting across its branches in India. This initiative aims to make the sport accessible to visually impaired individuals, utilising sound-based technology for target aiming, and is recognised by World Shooting Para Sport (WSPS).
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".
Indian boxer Parveen Hooda is set to compete in the Asian Games, aiming to win a medal after her previous bronze was revoked due to a WADA suspension for whereabouts failures. Her comeback journey has been marked by significant challenges, including changing weight categories multiple times, overcoming injuries, and adapting her training to a new division. Hooda is determined to prove herself and achieve a podium finish, viewing it as unfinished business.
The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.
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