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.
American Frances Tiafoe defeated former champion Daniil Medvedev in a thrilling three-set match at the U.S. Open, reaching the quarter-finals. Tiafoe, who had a poor head-to-head record against Medvedev, showcased his best form, employing strategic net play and powerful groundstrokes to secure a significant victory.
American 10th seed Amanda Anisimova was defeated by Austrian Anastasia Potapova in the third round of the U.S. Open. Potapova secured a 6-2, 7-5 victory, reaching the fourth round for the first time, while Anisimova struggled with unforced errors and failed to replicate her previous year's success.
Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.
Carlos Alcaraz, the defending champion, secured his spot in the US Open quarter-finals by defeating American Tommy Paul in straight sets. Alcaraz showcased a dominant performance, extending his major match-winning streak and expressing confidence in his return to top form after a wrist injury.
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.
The US Open semi-final between American tennis stars Ben Shelton and Frances Tiafoe attracted a host of celebrities from sports, film, and fashion, including Serena Williams and Trinity Rodman, to witness Shelton's victory.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
American tennis star Taylor Fritz was unexpectedly defeated by Argentina's Francisco Cerundolo in a five-set thriller during the third round of the U.S. Open, marking Fritz's earliest exit from his home major in four years. Cerundolo's improved play in the latter sets secured his first-ever spot in the U.S. Open fourth round.
US President Donald Trump on Tuesday said that Washington has launched a fresh wave of strikes against Iranian targets near the Strait of Hormuz. They come after what Trump claimed was in retaliation for Iran attempting to add sea mines to the Strait.
US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.
A US nonprofit policy think tank, the Federation of American Scientists (FAS), estimates India's nuclear arsenal at 190 warheads, including those for new missiles under production. The report highlights India's ongoing modernisation of its nuclear capabilities and adherence to a no-first-use doctrine, while also noting uncertainties in warhead designs and plutonium reserves.
Ganges Grandmasters, led by Ian Nepomniachtchi, defeated defending champions Alpine APL Pipers to win their first Global Chess League title. Nepomniachtchi's crucial win against Magnus Carlsen in the final, coupled with Stavroula Tsolakidou's performance, sealed the victory. FYERS American Gambits secured third place in the tournament.
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.
US President Donald Trump honoured 16-year-old lifeguard Ryder Williams at the White House for his heroic act of saving 10-year-old Indian-origin boy Nathaniel Rai from drowning at a California beach. The daring rescue, captured on video, earned Williams praise from the President, who also met Nathaniel and his family.
The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.
Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.
Iran's Islamic Revolutionary Guard Corps (IRGC) claims to have captured a US unmanned submersible near the Strait of Hormuz and launched ballistic missile strikes against a US airbase in Jordan and two US Navy destroyers. These actions are stated as retaliation for recent US attacks on Iranian oil tankers. The US Central Command (CENTCOM) had previously reported destroying Iranian crude oil carriers after IRGC missile attacks on US warships. The escalating tensions have led to regional air defence activations and warnings to tanker crews.
Iran's Islamic Revolutionary Guard Corps (IRGC) Aerospace Force claimed to have fired several ballistic missiles at a US aircraft carrier and a destroyer, alleging the warships were harassing Iranian ships and participating in a naval blockade.
Iran has conveyed seven conditions to the United States through Qatari mediators for starting negotiations to end the ongoing war, while warning that Tehran is prepared for a "decisive war" if Washington rejects its demands.
The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?
Eighth seed Ben Shelton defeated Stefanos Tsitsipas in straight sets at the US Open, advancing to the quarter-finals. He will now face defending champion Carlos Alcaraz, with Shelton expressing confidence in his game and acknowledging Alcaraz's impressive return from injury.
Dave Cousins, India's new national compound archery head coach, believes a historic first Olympic medal for India is inevitable. He is preparing the team for the Aichi-Nagoya Asian Games and has long-term plans for the 2028 Los Angeles Olympics, noting the changing Asian archery landscape and the impressive work ethic of Indian archers.
Alexander Zverev defeated Karen Khachanov in a hard-fought US Open semi-final, winning in three sets. This victory propels him to his sixth major final and second at Flushing Meadows, marking a significant achievement in his career.
The inaugural World Athletics Ultimate Championship saw thrilling performances on its second day, with Audrey Werro defeating Olympic champion Keely Hodgkinson in the women's 800m and Melissa Jefferson-Wooden clocking the season's fastest time in the women's 100m. Other notable winners included Kenny Bednarek in the men's 100m, Collen Kebinatshipi and Marileidy Paulino in the 400m, Haruka Kitaguchi in javelin, Klaudia Kazimierska in 1500m, Miltiadis Tentoglou in long jump, and Sandi Morris in pole vault.
Top seeds Katerina Siniakova and Taylor Townsend defeated American wildcards Ashlyn Krueger and Robin Montgomery to win the U.S. Open women's doubles final, completing their team career Grand Slam. This victory marks Siniakova's 12th Grand Slam doubles title and makes her the first player to achieve a career Grand Slam with two different partners.
American tennis star Jessica Pegula defeated Sorana Cirstea in straight sets (6-3, 6-4) to advance to the U.S. Open quarter-finals. This victory keeps Pegula's hopes alive for her first major title, while Cirstea made her final Grand Slam appearance before retirement. Pegula will now compete for a spot in her third consecutive U.S. Open semi-final.
An Indian-origin engineer couple, Anuradha and Vikas Sinha, have donated $20 million to the University of North Texas (UNT) to establish the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics. This significant gift aims to create new opportunities for students and faculty, focusing on building and deploying intelligent systems and understanding their operation within human contexts. The donation underscores the couple's belief in education and immigrant contributions to the American dream, supporting leadership, scholarships, professorships, research, and entrepreneurship.
Alexander Zverev and Coco Gauff secured their spots in the fourth round of the U.S. Open, while Naomi Osaka overcame a tough challenge. However, several prominent American players, including Taylor Fritz, Madison Keys, and Amanda Anisimova, experienced early exits, disappointing home fans at Flushing Meadows.
Coco Gauff, the fourth seed, defeated Spain's Cristina Bucsa 6-3, 6-4 in the third round of the U.S. Open, securing her spot in the second week for the fifth consecutive year. Despite some struggles with her serve, Gauff maintained control and delivered 15 winners, showcasing her defensive skills and ability to change pace. She now awaits her next opponent, either Iva Jovic or Alexandra Eala.
India on Tuesday reiterated the call for free and safe navigation in international waters and the unhindered flow of commerce through international waterways in the region after the Panama-flagged commercial vessel MT El Gaia came under attack off the coast of Oman, with 13 of the 14 Indian nationals on board rescued while search operations are underway for one missing seafarer.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
Taylor Fritz delivered a commanding performance at the US Open, defeating Mattia Bellucci 6-0, 6-1, 6-1 to reach the third round without dropping a set. The ninth seed is looking to end a 23-year American wait for a men's Grand Slam singles champion and expressed confidence in his aggressive play. He will next face Francisco Cerundolo.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Ganges Grandmasters have secured a spot in the Global Chess League finals despite a loss to PBG Alaskan Knights. Defending champions Alpine APL Pipers, however, suffered a defeat against Triveni Continental Knights, leaving their final berth dependent on the outcome of the last league match. Key moments included Ian Nepomniachtchi's draw against Viswanathan Anand and Magnus Carlsen's first loss in the competition to Alireza Firouzja.
The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, authorising President Trump to impose sanctions on Russia's energy sector and tariffs on countries like India and China that purchase Russian oil and gas. The legislation aims to curb Russia's ability to evade existing sanctions and reduce global dependence on its energy exports, despite some Democratic opposition to increased tariff authority for the President.
Emma Navarro, the 26th seed, achieved her third top-10 victory of the year by defeating seventh seed Karolina Muchova 6-3, 7-5 at the U.S. Open. Navarro's strong baseline play and Muchova's struggles with unforced errors contributed to the upset, propelling Navarro into the fourth round.
The United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.
