A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
Khalin Joshi has extended his lead to two shots at the inaugural Rs 1 crore Nava Raipur Open after a bogey-free four-under 30 in the second round. The Bengaluru golfer now stands at nine-under 59, showcasing consistent ball-striking despite challenging weather conditions that shortened rounds to nine holes.
Frenchman Samai Reboul, coach of the Indian national surfing team, views India's Asian Games debut as a crucial step towards qualifying for the 2028 Los Angeles Olympics. The team, comprising two men and two women, is preparing in Mahabalipuram for the Aichi-Nagoya Asian Games, where surfing makes its continental debut and offers Olympic quota places.
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.
A new study published in Nature reveals that lab-grown human brain tissues, or organoids, successfully survived, grew, and formed complex structures when transplanted into mouse brains. This breakthrough offers a novel platform for studying human brain development and neurological disorders.
The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
Following the murder of a trader in Gonda, Uttar Pradesh, after a social media dispute, widespread protests have erupted. Demonstrators, led by Uttar Pradesh minister Sanjay Nishad, are demanding the death penalty for the accused, compensation for the victim's family, and action against negligent police personnel, three of whom have already been suspended.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.
The Paradise is a mind-numbingly senseless, hellish cycle of violence, gore, and torture porn that makes you question if everyone involved in the film harbours some sort of bloodlust, complains Sreeju Sudhakaran
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Indian shooter Rudrankksh Patil secured a bronze medal at the Asian Games in the men's 10m air rifle event, expressing mixed feelings about his performance and a long-standing frustration over not receiving the Arjuna Award despite his world champion status and multiple achievements. He also reflected on past setbacks and the mental challenges of elite sport.
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
Arunachal Pradesh Chief Minister Pema Khandu and Deputy Chief Minister Chowna Mein paid rich tributes to engineers on National Engineers' Day, commemorating the birth anniversary of Sir M Visvesvaraya. They highlighted the crucial role of engineers in the state's development, infrastructure, and India's overall progress, acknowledging their contributions to nation-building and technological advancement.
A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in connection with an NIA case involving a drone warfare training camp linked to ethnic armed groups in Myanmar. The bail was granted on a personal bond of Rs 1 lakh, with conditions to remain in Delhi and cooperate with the investigation. The NIA's chargesheet did not invoke UAPA provisions, instead citing the Immigration and Foreigners Act, leading to the default bail.
For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.
Karnataka is rolling out the first batch of 2,000 indigenously developed AI-ready KEO PCs, priced at Rs 18,999, to rural libraries and educational institutions. This initiative aims to extend artificial intelligence and digital literacy beyond urban centres, supporting students with AI skills, spoken English, and competitive exam preparation, even in areas with limited internet connectivity.
Delhi Chief Minister Rekha Gupta announced a complete ban on construction activities from December 10 to January 20 to combat severe winter air pollution. The government will use its AI-powered Dust Portal 2.0 and AI-enabled cameras to monitor construction sites over 500 square metres in real-time, issuing alerts and fines for violations. Citizens are encouraged to report non-compliance.
A gym trainer, Vijay Kumar, was shot dead in south Delhi's Aya Nagar. Police are investigating a possible link to a longstanding village rivalry and are verifying a social media post by gangster Himanshu Bhau claiming responsibility. This incident follows other violent deaths in the area, including a dairy businessman's murder, also linked to the Himanshu Bhau gang. Family members deny Vijay Kumar had personal enmity, suggesting he was caught in an ongoing family feud.
Hockey India President Dilip Tirkey has served a legal notice to Director General Cdr RK Srivastava, immediately stripping him of all powers. The move comes amidst an internal rift, with Tirkey citing the need to maintain discipline, accountability, and smooth functioning within the organisation. Srivastava has been directed to hand over all operational charge and official documents.
The companies that grow are the ones that adapt quickly, embrace technology thoughtfully and never lose sight of the customer.
India's Pranavi Urs finished Tied-9 after the rain-affected first round of the La Sella Open golf tournament in Spain, carding a 3-under score. Italian Anna Zanusso leads the field, while other Indian golfers like Diksha Dagar, Avani Prashanth, Vani Kapoor, and Hitaashee Bakshi also competed, with varying results.
The flag-hoisting ceremony for the Asian Games, involving India and five other contingents, was significantly delayed due to "miscommunication" between the Olympic Council of Asia (OCA) and the local organising committee (ANAGOC). The disruption, which lasted over an hour, initially caused confusion and speculation about political issues, but organisers later clarified it was a communication breakdown, adding to existing organisational challenges for the event.
Veer Ganapathy, son of renowned golfer Rahul Ganapathy, is set to represent Bengaluru Stallions in the AM Green IGPL 2026. The team, also featuring Trishul Chinnappa, Sunhit Bishnoi, and Sudhir Sharma, was unveiled for the second season of India's first franchise-based professional golf league. The IGPL aims to promote golf beyond elite circles and provide exposure to young talent.
Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.
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.
A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
The All India Football Federation (AIFF) has scheduled a Special General Body Meeting (SGM) for October 4 in Kolkata. The primary agenda includes appointing an electoral officer from the Sports Ministry's panel and passing a resolution to conduct elections for its executive committee. Additionally, the SGM will elect sportspersons of outstanding merit to the federation's general body, with current executive committee members not holding voting rights.
Kanpur police are seeking 15 days' custody of Shalu, daughter-in-law of slain pharmaceutical trader Vineet Manocha, for intensive interrogation. Shalu is alleged to be the mastermind behind Manocha's brutal murder, having reportedly hired two men for Rs 6 lakh. Her husband, Subrat, also remains under scrutiny, with police examining call records and deleted messages to uncover the full conspiracy.
A gym owner has been arrested in Rajasthan for allegedly ramming his car into a woman biker in Gurugram, knocking her off her vehicle. The incident, captured on video, led to charges of attempt to murder and stalking after the victim claimed the accused made indecent comments and deliberately hit her. The accused, Kalyan Bainsla, along with a cousin, was apprehended after a two-day search.
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.
Veteran Indian shuttler H S Prannoy discusses his likely final Asian Games appearance and his long-term Olympic aspirations for LA 2028. Doubles specialist Chirag Shetty urges the Indian men's badminton team to go for gold, reflecting on their previous silver medal and the team's strong cohesion.
Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.
Indian athletes, including wushu and table tennis players, faced initial check-in difficulties upon arrival for the Asian Games in Nagoya. While some wushu players and coaches reportedly had issues with room allocation on the designated cruise ship, officials stated the problems were resolved. The Games' accommodation plan involves a mix of cruise ships, container rooms, and hotels, with some contingents already raising concerns about the quality and availability of lodging.
US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.
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.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
Scientists are stunned by the discovery of a nine-million-year-old capybara tooth fossil in Chile's Atacama Desert, a region currently devoid of capybaras. This finding not only marks the oldest record of the semi-aquatic rodent in coastal Chile but also significantly challenges the long-standing scientific view that the Atacama Desert has been continuously dry for 40 million years, suggesting a much wetter past.
Nishu has won the 53kg category at the national selection trials, setting up a final bout against Asian Games-bound Antim Panghal for a spot in the Senior World Wrestling Championships. Other wrestlers like Kajal, Simran, Neelam, Tapsya, and Srishti also secured top positions in their respective weight categories, showcasing the depth of talent in Indian wrestling.
