A chargesheet filed by Pune Rural police reveals how Siya Goyal and her alleged lover Chetan Chaudhary meticulously planned the murder of realtor Ketan Agarwal. The accused reportedly researched online about past deaths at Lohagad Fort and methods to conceal evidence, including studying a 2025 death at the same location, to make Agarwal's murder appear accidental.
EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.
Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.
A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.
Economy passengers are paying more year-on-year while business travellers are paying less.
The US Citizenship and Immigration Services (USCIS) has announced a significant increase in fees for the EB-5 Immigrant Investor Programme, effective November 30. This programme allows foreign investors, including many from India, to obtain permanent residency by investing in US commercial enterprises and creating jobs. The fee hikes, some more than doubling, are intended to fund USCIS operations, which are largely supported by fees rather than taxes.
Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.
Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
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.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.
Indian hockey stars Hardik Singh and Manpreet Singh shared their thoughts on the recent Asian Games gold medal win, which also secured their qualification for the LA 2028 Olympics. They discussed their dietary plans, coach Craig Fulton's positive influence, and the team's belief in their attacking prowess.
India finished fourth at the Aichi-Nagoya Asian Games with 85 medals, a significant dip from the previous edition's record haul. While traditional strongholds like shooting and athletics underperformed, breakthroughs in archery, wrestling, golf, boxing, hockey, and cricket showcased a broadening sporting base. The performance serves as a reality check on sustaining progress towards top global rankings and highlights areas for improvement in mental conditioning and preparation.
India's bowling attack, particularly veteran Ravindra Jadeja, is under immense pressure to deliver an improved performance in the third and final ODI against the West Indies in Mullanpur. With the series already secured, the focus shifts to addressing the team's struggles in picking up early wickets and containing runs, especially in the powerplay and middle overs.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
The Indian women's recurve archery team secured a historic gold medal at the Asian Games by defeating 10-time Olympic champions South Korea. The team, comprising Ankita Bhakat, Kirti Sharma, and Kumkum Mohod, displayed exceptional nerve in challenging conditions.
What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.
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.
BJD chief Naveen Patnaik has voiced concerns over the Centre's decision to introduce Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 from October 15, urging protection for small traders and common people. This move has sparked a political debate, with the BJP defending the charges as beneficial for digital infrastructure and largely not impacting consumers, while the Congress and traders' associations criticise it as an additional burden.
Cristiano Ronaldo abruptly left Portugal's training camp in Copenhagen, plunging his international future into doubt, shortly after coach Jorge Jesus acknowledged tensions between them. Ronaldo stated he would reveal the reasons for his departure 'in due course'.
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.
The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
Merchants will be subject to an 18 per cent Goods and Services Tax (GST) on the Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, but can mitigate this burden by claiming input tax credit (ITC), according to tax experts.
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).
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
India's Russian crude oil imports reached a five-month low in September, dropping to 1.75 million barrels per day, as Indian refiners strategically diversify their energy supplies amidst evolving geopolitical landscapes and robust domestic demand, according to ship tracking data.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
Spain's World Cup-winning defender Marcos Llorente, 31, has announced his retirement from international football after 27 caps, citing a deeply personal decision despite his young age and continued good form.
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.
Vikash Dhorasoo, the first Indian-origin player in a FIFA World Cup, expresses strong belief in India's potential to reach football's biggest stage. Visiting India for a friendly match against Brazil, Dhorasoo highlights the importance of method, clear objectives, and leveraging players of Indian origin to elevate the national team's level. He also offers his coaching expertise to help develop young talent in India.
'Your retirement corpus isn't just a big pile of cash for 'one day' -- it is the salary you pay yourself when you no longer want to go to work.'
As India A face Australia A in a crucial four-day match, attention centers on left-handers Devdutt Padikkal and Sai Sudharsan competing for top-order positions ahead of major Test series.
Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.
Egypt's Amina Orfi is set to become the youngest-ever women's world number one in squash at 19 years and two months old, breaking a 40-year record after winning the Qatar Classic.
Teen Indian batter Vaibhav Sooryavanshi was named Player of the Match and Series after India's 3-0 T20 series sweep against Zimbabwe. Sooryavanshi scored 151 runs, including a rapid 50 and an 81, crediting his natural T20 game and team support for his success. Captain Shreyas Iyer praised the young team's fearless energy, while Zimbabwe captain Sikandar Raza highlighted the valuable experience gained by his side.
RBI Deputy Governor Shirish Chandra Murmu has dismissed concerns that the new Merchant Discount Rate (MDR) on UPI payments above Rs 2,000 will increase cash transactions. He also clarified the 'cash paradox' of rising digital payments alongside cash in circulation, explaining cash's dual role. Murmu further detailed the RBI's extensive regulatory changes aimed at reducing compliance burdens and emphasised that accountability for AI-driven decisions in finance will remain with institutional boards.
Bosnia and Herzegovina's legendary striker Edin Dzeko has announced his retirement from international football, concluding a nearly two-decade-long career. The 40-year-old, who has played for top clubs like Manchester City and Inter Milan, will make his final appearance for Bosnia against Sweden in October. Dzeko is the country's most-capped player and all-time leading scorer, having helped them qualify for their first World Cup in 2014.
