The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.
The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.
A senior US official has warned against the weaponisation of digital and artificial intelligence sovereignty by political voices, urging nations to avoid costly re-invention of existing technology. The official highlighted the economic dangers of rebuilding entire tech stacks and emphasised India's crucial role as an indispensable partner in global technological leadership due to its engineering talent and innovation ecosystem.
Manipuri rower Tendenthoi Devi Haobijam expresses newfound confidence ahead of her second Asian Games appearance, attributing it to consistent team training, international exposure in Australia and Europe, and mentorship from her coach. She will lead India's challenge in the women's coxless four, aiming for a significant performance.
India's Maaya Rajeshwaran Revathi was defeated in the second round of the US Open junior singles by Arina Malygina. This loss further diminished India's presence at the tournament, following earlier exits by Arnav Paparkar in both singles and doubles.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
The Indian men's and women's hockey teams are set to compete at the Asian Games in Kakamigahara, Japan, with the primary goal of winning gold to secure direct qualification for the Paris Olympics. The men's team aims to defend its title and overcome recent World Cup disappointment, while the women's team, buoyed by a strong World Cup performance, seeks only its second Asian Games gold. Both teams face tough competition, with the men needing to prove their dominance against regional rivals and the women confronting a strong Chinese side.
CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
Former India cricket captain Virat Kohli met Maharashtra Deputy Chief Minister Eknath Shinde in London to discuss enhancing sports infrastructure, athlete development, and the state's progress. The dialogue focused on policy improvements, upcoming sports facilities like a Sports City near Navi Mumbai, and empowering youth through sports initiatives. Kohli also shared his passion for cricket and commitment to guiding young athletes.
Olympic silver medallist Vijay Kumar has called for an independent review of the National Rifle Association of India's (NRAI) coaching appointments, citing concerns about transparency, eligibility criteria, and potential conflicts of interest. The NRAI, however, asserts that appointments are merit-based and views Kumar's concerns as 'sour grapes' after his own non-selection.
Former India cricket captain Virat Kohli met Maharashtra Deputy Chief Minister Eknath Shinde in London to discuss enhancing sports infrastructure, athlete development, and state progress. The meeting focused on policy improvements for sports facilities in Maharashtra and nurturing young talent, with Kohli expressing interest in supporting such initiatives.
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.
The Indian Olympic Association has formed a four-member independent inquiry committee, led by retired High Court judge Deepa Sharma, to investigate sexual harassment allegations against Hockey India secretary Bhola Nath Singh. The probe follows a complaint by former women's team captain Asunta Lakra, who accused Singh of threats after she raised concerns about alleged harassment of girls in Jharkhand.
Ladakh's own Stanzil Dolkar leveraged her mountain running expertise to win the Ladakh Marathon, overcoming an early deficit against Saraswati Rai. Despite facing physical challenges during the race and running in her home region for the first time competitively, Dolkar finished with a time of 3 hours, 32 minutes, and 58 seconds, highlighting the advantage of local acclimatisation.
West Bengal's Dhruv Singh, Anish Halder, Subha Mita Karmakar, and other young talents have advanced in the All India Sub-Junior (Under-13) Ranking Badminton Tournament held in Kolkata, showcasing strong performances against competitors from across 28 states and five union territories. The tournament features a significant prize purse, encouraging young badminton players.
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.
West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
A 17-year-old Indian swimmer, who had qualified for two events at the Asian Games, has been suspended for 18 months after testing positive for terbutaline, a banned substance. The suspension means he will miss the upcoming continental event in Aichi-Nagoya, Japan, starting September 19.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.
Researchers have successfully recreated in a laboratory setting how high-energy cosmic rays interact with Earth's atmospheric gases. Using CERN's Large Hadron Collider, an international team simulated collisions between cosmic particles, similar to those from supernovae, and oxygen beams. This unprecedented experiment provides a clearer understanding of interstellar particles and phenomena like the Northern Lights, improving upon previous computer simulations.
India's Davis Cup team faces a significant challenge in their qualifier against South Korea as key doubles player Yuki Bhambri has been ruled out due to a thigh injury. This forces captain Rohit Rajpal to re-evaluate the doubles combination, a crucial aspect for advancing to the finals. The team is now experimenting with new pairings, with N Sriram Balaji emerging as a leading option.
Rajasthan's forest department is implementing an AI-based surveillance system across its wildlife sanctuaries to enhance anti-poaching efforts and monitor animal movement. The system, utilising thermal cameras, drones, and advanced software, provides 24x7 monitoring, helps prevent human-wildlife conflict through real-time alerts, and strengthens the fight against wildlife crime. Installations are being rolled out in phases across key protected areas, with advanced cameras capable of identifying individual animals and suspicious activities.
Fifteen-year-old Indian shuttler Tanvi Patri defeated compatriot Shaina Manimuthu to win the girls' singles U17 title at the Badminton Asia U17 & U15 Junior Championships in Chengdu, China, marking her second continental title this year.
New research published in the European Heart Journal indicates that even low levels of night-time light exposure, as little as 3 lux, are associated with detrimental changes in heart structure and function. A study involving over 11,000 participants found that increased light at night led to thickening of the left ventricular walls and reduced myocardial contraction, suggesting early heart dysfunction and increased risk of heart failure. Researchers highlight night-time light as a modifiable risk factor for cardiovascular disease.
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.
10-year-old Delhi shooter Nyra Sharma has made history by becoming the youngest Indian to qualify for the National Shooting Championship in the 10m air rifle category. Her rapid rise in competitive shooting, achieving this feat in only her third competition, highlights her exceptional talent and dedication.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
The Delhi Billiards & Snooker Association (DBSA) has announced a new format for the Delhi State 15-Red Snooker Championship, which will now be held in memory of Raja Randhir Singh. The championship will feature a zonal qualification system leading to a 16-player main draw and offers a total prize money of Rs. 3 lakh.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after failing an in-competition dope test. He tested positive for the prohibited diuretic brinzolamide and has accepted the sanction, leading to the disqualification of his results.
Brazil has announced its 26-member squad, featuring stars like Vinicius Junior, Raphinha, and Marquinhos, for a historic first-ever football match against India on October 3 in Kolkata. This landmark fixture follows Brazil's Australia tour and promises a grand spectacle for Indian football fans.
Dr Komal Verma Saluja, a final-year student at Government Medical College Kota (GMCK), has been awarded the "Researcher of the Year Award 2026" by the India chapter of the American College of Physicians (ACP). She is the youngest and first medical student to receive this prestigious accolade. Saluja's research includes identifying an imaging biomarker for early cognitive decline in type 2 diabetes and developing a diagnostic method for fatty liver disease using echocardiography. Her achievements have brought pride to GMCK and highlight the need for more novel diagnostic and therapeutic research in India.
Indian golfer Krishiv Tekchandani, known for his philanthropic efforts, has launched an ultra-luxury watch brand called 'XII NOON'. The venture aims to create exclusive timepieces of Bharat origin and will dedicate a portion of its earnings to support widows of Indian Army soldiers.
The Sports Authority of India's National Centre of Excellence in Guwahati is hosting the Nepal boxing team for a high-performance training camp. This camp, running until September 15, provides Nepalese athletes access to India's elite sporting facilities and coaching ahead of the Asian Games, fostering stronger ties between the two nations.
Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.
Multiple suspected drones were detected near the operational area of Amritsar's international airport, leading to the diversion of seven flights, including two international ones. The incident prompted a security alert and suspended flight operations for 90 minutes.
