News for 'AIM'

New UPI Merchant Fee Ignites Fierce Political Debate

New UPI Merchant Fee Ignites Fierce Political Debate

Rediff.com6 days ago

The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.

Congress Slams Government Over New UPI Charges, Cites US Pressure

Congress Slams Government Over New UPI Charges, Cites US Pressure

Rediff.com5 days ago

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".

European Football Stakeholders Unite Against Blanket Away-Fan Bans

European Football Stakeholders Unite Against Blanket Away-Fan Bans

Rediff.com7 Sep 2026

European football stakeholders, including UEFA, European Football Clubs, Football Supporters Europe, and European League, have collectively backed curbs on blanket away-fan bans, arguing that such measures should target individuals responsible for misconduct rather than entire groups of supporters.

Mayawati expels nephew Akash Anand from BSP

Mayawati expels nephew Akash Anand from BSP

Rediff.com10 Sep 2026

BSP chief Mayawati has announced that her nephew Akash Anand has been "completely freed" from the party, following his father-in-law Ashok Siddharth's retirement from politics. Mayawati questioned Anand's commitment, suggesting his personal and family interests outweighed the party's, especially after his failure to repost her X post regarding Siddharth's retirement. This decision comes as the BSP prepares for the 2027 Uttar Pradesh Assembly elections.

Rybakina: US Open final against Sabalenka 'another chance to test myself'

Rybakina: US Open final against Sabalenka 'another chance to test myself'

Rediff.com11 Sep 2026

Elena Rybakina is set to challenge defending champion Aryna Sabalenka in the US Open final, viewing the high-stakes match as a crucial opportunity to test her capabilities against a formidable rival without succumbing to undue pressure.

Sabalenka flips the script at US Open; eyes rare 'three-peat'

Sabalenka flips the script at US Open; eyes rare 'three-peat'

Rediff.com11 Sep 2026

World number one Aryna Sabalenka defeated Jessica Pegula 7-5, 6-2 to secure her place in the US Open final, expressing her desperation to regain control of her season and her strong desire to complete a 'three-peat' at the hardcourt major.

Marijne Outlines Indian Women's Hockey Team's Asian Games Strategy

Marijne Outlines Indian Women's Hockey Team's Asian Games Strategy

Rediff.com6 days ago

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.

TN CM Vijay plans Rs 1,200 crore edifice to replace Fort St George

TN CM Vijay plans Rs 1,200 crore edifice to replace Fort St George

Rediff.com3 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.

Kimi's 11-year-old son joins Red Bull junior team

Kimi's 11-year-old son joins Red Bull junior team

Rediff.com9 Sep 2026

Robin Raikkonen, the 11-year-old son of former Formula One world champion Kimi Raikkonen, has been accepted into Red Bull's prestigious driver development programme, aiming to nurture his karting talent towards a potential F1 career.

How Old Rivalry Led To A Deadly Gurugram Murder

How Old Rivalry Led To A Deadly Gurugram Murder

Rediff.com11 Sep 2026

Five individuals have been arrested in Gurugram for the murder of a 39-year-old man, a crime police say was a revenge killing stemming from an old rivalry. The accused had conspired to kill both the victim and his son, but only the father was fatally shot. Police apprehended the suspects after a chase, recovering a weapon and the motorcycle used in the incident, and are continuing their investigation.

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Rediff.com7 days ago

The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.

Punjab Launches Mega Sports Event To Nurture Talent

Punjab Launches Mega Sports Event To Nurture Talent

Rediff.com5 Sep 2026

Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.

BJP to leverage BRICS Summit success in poll campaigns

BJP to leverage BRICS Summit success in poll campaigns

Rediff.com14 Sep 2026

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.

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Rediff.com3 Sep 2026

The University of Delhi and semiconductor major AMD have signed a Memorandum of Understanding (MoU) to train up to 10,000 students and faculty in industry-relevant artificial intelligence skills over the next year. This collaboration will provide access to AMD's AI Engage Developer Programme, including its open-source ROCm AI software platform, learning resources, and developer GPU cloud credits, aiming to foster indigenous AI capabilities and bridge the gap between academia and industry.

Dahi Handi: 31 Pune Ganapati Mandals say no to DJs, embrace tradition

Dahi Handi: 31 Pune Ganapati Mandals say no to DJs, embrace tradition

Rediff.com6 Sep 2026

In Pune, 31 prominent Ganapati mandals celebrated a "DJ-free" Dahi Handi, advocating for traditional instruments over high-decibel sound systems for upcoming festivals like Ganeshotsav. This initiative, led by Punit Balan, aims to preserve Maharashtra's cultural heritage and reduce noise pollution, gaining support from around 200 mandals and the Chief Minister.

India's 'Vayu UTtaM' System Revolutionises Drone Airspace Management

India's 'Vayu UTtaM' System Revolutionises Drone Airspace Management

Rediff.com7 days ago

The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.

Market Experts Endorse Sebi's Expiry-Day Reforms to Tackle Volatility, Manipulation

Market Experts Endorse Sebi's Expiry-Day Reforms to Tackle Volatility, Manipulation

Rediff.com13 Sep 2026

Market experts have largely supported Sebi's proposed changes to the expiry-day trading framework, including delinking derivatives settlement prices from cash-market closing prices and discontinuing live indicative index values during the Closing Auction Session (CAS), believing these will address volatility and manipulation.

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

Rediff.com13 Sep 2026

Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.

Mayank Agarawal joins English county side Durham

Mayank Agarawal joins English county side Durham

Rediff.com1 Sep 2026

India batter Mayank Agarwal has signed with Durham for the final four matches of the County Championship's Division Two, aiming to help the team secure promotion to Division One.

Kimi Antonelli focused on winning, not F1 championship

Kimi Antonelli focused on winning, not F1 championship

Rediff.com11 Sep 2026

Mercedes driver Kimi Antonelli is pushing thoughts of the Formula One championship to the back of his mind, despite a commanding 66-point lead over teammate George Russell, preferring to focus on winning races.

Sachin Tendulkar recalls father's profound advice on Teachers' Day

Sachin Tendulkar recalls father's profound advice on Teachers' Day

Rediff.com5 Sep 2026

Sachin Tendulkar remembered his father Ramesh's timeless lessons on honesty, character and avoiding shortcuts, while launching a fellowship to honour his legacy and expand opportunities for young professionals.

Govt inks pact with 4 spiritual bodies to boost 'drug-free India' drive

Govt inks pact with 4 spiritual bodies to boost 'drug-free India' drive

Rediff.com9 Sep 2026

The Indian government has expanded its Nasha Mukt Bharat Abhiyaan by signing agreements with four spiritual organisations. These partnerships aim to enhance grassroots awareness, prevention, recovery, and social mobilisation efforts against substance abuse, leveraging the extensive reach of these groups.

Hockey India row deepens as Tirkey blocks key meeting

Hockey India row deepens as Tirkey blocks key meeting

Rediff.com6 days ago

Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

Rediff.com9 Sep 2026

The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.

Gurnoor Brar Credits Bumrah, Siraj For Improved Consistency

Gurnoor Brar Credits Bumrah, Siraj For Improved Consistency

Rediff.com1 Sep 2026

India pacer Gurnoor Brar discusses how bowling alongside senior quicks Jasprit Bumrah and Mohammad Siraj has improved his consistency in lengths.

Prannoy, Tanvi Lead Indian Charge Into Vietnam Open Quarterfinals

Prannoy, Tanvi Lead Indian Charge Into Vietnam Open Quarterfinals

Rediff.com10 Sep 2026

Veteran Indian shuttler HS Prannoy, along with compatriots Sanskar Saraswat, Tanvi Sharma, Malvika Bansod, Isharani Baruah, Mansi Singh, Rakshitha Sree Santhosh Ramraj, and the mixed doubles pair of Vimalraj Annadurai and Shreya Balaji, have all advanced to the quarterfinals of the Vietnam Open Super 100 badminton tournament. Notable wins include Prannoy's three-game victory and Tanvi Sharma setting up an all-Indian clash with Malvika Bansod.

Congress Labels New UPI Charges As 'Modi Tax', Alleges US Pressure

Congress Labels New UPI Charges As 'Modi Tax', Alleges US Pressure

Rediff.com6 days ago

The Congress party has criticised the government's new 0.4% charge on UPI transactions above Rs 2,000 for merchants, terming it a "Modi tax". Opposition leaders, including Rahul Gandhi and Mallikarjun Kharge, allege that this move will ultimately burden consumers through price hikes and accuse the government of succumbing to American pressure to dilute India's zero-MDR policy. The government states the charge will support banks and fintechs.

RBI Authorises RNFI Services As Physical Payment Aggregator

RBI Authorises RNFI Services As Physical Payment Aggregator

Rediff.com7 Sep 2026

RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.

Abhay Singh And Anahat Singh Lead India's Charge For Asian Games Squash Gold And Olympic Qualification

Abhay Singh And Anahat Singh Lead India's Charge For Asian Games Squash Gold And Olympic Qualification

Rediff.com10 Sep 2026

Indian squash players Abhay Singh and Anahat Singh have received high seedings for the upcoming Asian Games, positioning them as strong contenders for gold medals. Their performance is crucial as singles winners will secure direct qualification for the 2028 Los Angeles Olympics, significantly raising the stakes for the Indian contingent.

BRICS Nations Endorse India's Sports Technology And Goods Conclave Initiatives

BRICS Nations Endorse India's Sports Technology And Goods Conclave Initiatives

Rediff.com12 Sep 2026

The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.

Kolkata's Lenin, Marx, Ho Chi Minh roads on BJP govt's renaming list

Kolkata's Lenin, Marx, Ho Chi Minh roads on BJP govt's renaming list

Rediff.com7 days ago

A committee formed by West Bengal's BJP government is considering proposals to rename several prominent roads, bridges, and public places in Kolkata, including those named after communist leaders Vladimir Lenin, Karl Marx, and Ho Chi Minh. This move has sparked sharp criticism from the Trinamool Congress and CPI(M), who view it as "vendetta politics" and an attempt to disrespect differing ideologies.

'100 per cent better': India's Asian Games wrestling claim

'100 per cent better': India's Asian Games wrestling claim

Rediff.com9 Sep 2026

Indian wrestling coach Virender Dahiya and wrestler Antim Panghal have expressed strong confidence in the national team's preparation and potential for the upcoming Asian Games 2026 in Aichi-Nagoya, Japan. Dahiya believes the team will significantly improve on its previous medal tally, while Panghal highlights the strong team cohesion and gold medal aspirations. The squad features a mix of experienced and young talent, aiming to overcome strong regional competitors.

Xi arrives in Delhi for BRICS summit, talks with Modi at 6 pm

Xi arrives in Delhi for BRICS summit, talks with Modi at 6 pm

Rediff.com12 Sep 2026

Chinese President Xi Jinping's first visit to India in seven years for the BRICS Summit and bilateral talks with Prime Minister Narendra Modi is set to address crucial aspects of India-China relations, including trade, investment, and persistent border tensions.

AIFF Unveils Ambitious Plans For IFL 2026-27 Season

AIFF Unveils Ambitious Plans For IFL 2026-27 Season

Rediff.com8 Sep 2026

The All India Football Federation (AIFF) has announced that the 2026-27 Indian Football League (IFL) season will begin on October 30. Following a successful 2025-26 season with significantly increased viewership, the upcoming season will feature new regulations, including a limit of three foreign players on the pitch, and an expanded footprint with new venues in Nagaland and Odisha. Discussions also covered the IFL Charter, budget, and broadcast partnerships.

East Bengal face tough AFC Women's Champions League Group

East Bengal face tough AFC Women's Champions League Group

Rediff.com3 Sep 2026

East Bengal FC has been drawn into Group B of the AFC Women's Champions League, alongside strong teams from South Korea, Vietnam, and North Korea. Kolkata will host this group stage in November 2026, marking a significant milestone for Indian football.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com6 days ago

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

Why BJP, Congress Watch CJP's Future Moves

Why BJP, Congress Watch CJP's Future Moves

Rediff.com9 Sep 2026

Some see in the CJP the potential of weakening the Opposition. Hence the BJP/RSS's 'softly softly catchee monkey' approach, with co-option being the ultimate aim, points out Aditi Phadnis.

BJP MLA's school courts row over Jain festival lunchbox advisory

BJP MLA's school courts row over Jain festival lunchbox advisory

Rediff.com10 Sep 2026

A school owned by a BJP MLA in Thane advised students not to bring root vegetables in lunchboxes during the Jain Paryushan festival, sparking a controversy. The Maharashtra Navnirman Sena (MNS) objected, while the MLA clarified it was a request, not a mandatory order, aimed at respecting religious sentiments and promoting healthy eating.

FLY91's USD 1 Billion Aircraft Order To Boost Regional Connectivity

FLY91's USD 1 Billion Aircraft Order To Boost Regional Connectivity

Rediff.com3 Sep 2026

Regional Indian airline FLY91 has placed a significant order for 40 new ATR 72-600 turboprop aircraft, valued at nearly USD 1 billion. This marks the single largest order for ATR planes by a regional carrier globally and is set to dramatically expand FLY91's network, connecting more unserved and underserved cities across India. Deliveries are scheduled from late 2027 to 2032, supporting the airline's goal of operating over 60 aircraft.

India eye series win against Afghanistan despite fifth bowler concerns

India eye series win against Afghanistan despite fifth bowler concerns

Rediff.com7 days ago

India is set to face Afghanistan in the second T20I, aiming to clinch the series despite ongoing concerns about a reliable fifth bowling option in the absence of Hardik Pandya. The team delivered a dominant performance in the first match, securing a seven-wicket victory.