The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
The CPI(M) has strongly opposed the Union government's proposal to levy charges on UPI transactions, calling it a "breach of public trust" and demanding the immediate withdrawal of the legislation. The party highlighted that the government had previously promoted UPI as a free public utility, encouraging widespread adoption, and now seeks to monetise this infrastructure. They also linked this move to a broader trend of increasing banking charges.
The Delhi High Court has sought a response from sustainable consumer goods startup Beco regarding a suit filed by Hindustan Unilever (HUL). HUL alleges that Beco disparaged its products, Surf Excel and Vim, by claiming they cause skin irritation in its advertising campaign.
'Users should protect their savings goals before allocating money to discretionary expenditure.'
Former India opener Wasim Jaffer believes K L Rahul performs best when not burdened by captaincy.
Mohun Bagan Super Giant defeated NorthEast United 4-3 in a penalty shootout after a goalless draw in the Durand Cup semi-final. Goalkeeper Vishal Kaith was the hero, making two crucial saves to send Mohun Bagan into the final, where they will face arch-rivals East Bengal FC in the Kolkata Derby.
Ananya Panday is giving peacock blue its main-character moment. The actor recently stepped out in a breathtaking Gauri & Nainika gown that perfectly balanced old-Hollywood glamour with modern couture. But while the colour had us hooked, it was the price tag that truly stole the spotlight.
Many of us consume genetically modified (GMO) foods without even realising it. Which leads to an important question -- how can we protect ourselves from food adulteration and misleading claims? asks Nikita Garg, nutritionist and founder of Entech Wellness.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
At what age should society stop regulating life choices and allow people to make their own?
Some wardrobes scream for attention. Sriti Jha's simply smiles.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
'...there was a big party. The way he hugged me, I understood that deep friendship. And he understood the pain that I had gone through during my cancer.'
IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
Amazfit has unveiled the Helio Strap Pro, a new fitness-focused wearable aimed at HYROX competitors and hybrid training enthusiasts.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
Zinedine Zidane, the 1998 World Cup hero and former Real Madrid manager, has been appointed to lead the France national team, with the primary goal of converting recent near-misses into major trophies, starting with the 2028 European Championship.
TRAU FC and NEROCA FC played out a goalless draw in a high-intensity Imphal Derby during the Durand Cup. Both teams created numerous scoring opportunities, with goalkeepers making crucial saves. TRAU FC finished the match with ten men after Adriko Rogers received a red card, but NEROCA FC failed to capitalise on their numerical advantage.
Peak performances in football begin years before kick-off. From Kylian Mbapp, Lionel Messi to Erling Haaland, the sport's biggest names follow ultra-disciplined routines to stay fit throughout the season.
If you value space, low running costs and lack of features don't bother you, only then look at this Vinfast.
Here's decoding the fine print so that you know exactly what your health insurance policy covers, what it doesn't and the policy conditions that deserve your attention before you need to make a claim.
As she celebrates her 34th birthday, here's a look at seven outfits that prove her style is as versatile as it is memorable.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?
Saniya Iyappan has a knack for making every outfit feel a little more exciting. One day, the Varavu actress is embracing easy-breezy vacation dressing, the next, she's stepping out in high-octane couture or richly woven Indian textiles.
England's Jos Buttler discusses the challenges of balancing franchise cricket with international duties, the importance of saying 'no', and managing external pressures as a professional cricketer.
Prime Minister Narendra Modi on Sunday used two major public engagements in Kolkata to outline a broader vision for India's future -- one rooted in inner balance and collective well-being through yoga, and the other in national self-reliance and maritime strength.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
Jacob Bethell guided England to an impressive four-wicket victory in the second T20 against England on Saturday as 15-year-old Vaibhav Sooryavanshi made his eagerly-awaited India debut at Old Trafford.
Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.
'The biggest thing I've learnt is that this journey is not linear.' 'There will be films that work, films that don't, moments where you feel confident and moments where you question yourself.'
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
