After India's defeat despite scoring 249, Gautam Gambhir says only the openers are permanent in T20 cricket and backs a flexible batting order.
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 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
Tata Sons Chairman N Chandrasekaran affirmed India's robust economic position amidst global uncertainty, emphasising that energy security, advanced manufacturing jobs, and investment in human capital are 'critical' for sustaining the nation's long-term growth.
India A secured a thrilling draw against Australia A in the second four-day match, thanks to resilient batting from Yash Rathod and Shams Mulani. This draw ensured India A won the two-match series 1-0.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
South African jurist Navanethem 'Navi' Pillay, of Indian origin, has been awarded the 2026 Nobel Peace Prize for her lifelong dedication to advancing human rights, peace, and international law, including her significant contributions to shaping international law on genocide and sexual violence.
PhonePe has announced a significant expansion plan to deepen digital payment infrastructure across India's towns and villages. This initiative includes hiring over 20,000 sales personnel and deploying more than 50 lakh payment devices, with a strong focus on rural areas, aiming to bring small merchants into the formal financial ecosystem.
Asian Games gold medallist Sujeet Kalkal is focusing on improving his ground game, identified by coaches as a crucial area for his 2028 Los Angeles Olympics aspirations.
Shreyas Iyer scored his maiden T20 International hundred after a crucial two-hour troubleshooting session with former India batting coach Abhishek Nayar. Nayar revealed they worked on Iyer's grip, initial movements, and tactical nuances to help him generate more force and clear boundaries, addressing issues Iyer felt during the Asian Games. Iyer's 43-ball 102 not out led India to an eight-wicket win against West Indies on Tuesday.
'Credit to the Japan team for taking on the challenge and putting up a fight.'
The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.
Mushtaq Khan, celebrated for his memorable roles in films like Welcome and Gadar: Ek Prem Katha, passed away after a battle with cancer.
The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.
Harita Bhadra, India's Asian Games bronze-winning sprinter, showcased her dual talents by securing a medal in her debut international competition while also planning to design a special piece for her handmade jewellery brand, Dagina. The Loughborough University graduate, who dedicated a year to athletics, overcame a last-minute inclusion to deliver a strong performance in the 200m final, crediting her family's unwavering support.
A 25-basis-point increase would restore some real monetary restraint when expected inflation has risen, liquidity remains easy and growth is strong, points out Amarendu Nandy.
Indian high jumper Sarvesh Kushare, fresh off a silver medal win at Aichi-Nagoya, credited support from SAI and the Athletics Federation of India for his success at the 2026 Asian Games.
Lucknow police have arrested two individuals for allegedly abducting a youth and holding him captive for four days over an unpaid mobile phone instalment. The victim was reportedly forced to do labour work and had one unit of blood drawn against his will and sold. The accused, one of whom worked for a credit services company, also allegedly extorted money online from the victim.
Prime Minister Narendra Modi launched the 'We Will Do It' slogan, aiming for India to become a developed nation by 2047 through visionary policies and hard work, while also addressing the challenge of societal division.
The Indian women's hockey team secured a historic gold medal at the Asian Games, defeating China 1-0, and simultaneously qualified for the 2028 Los Angeles Olympics. This remarkable turnaround is largely attributed to head coach Sjored Marijne, who transformed a divided and underperforming squad into a united, fearless, and successful team within nine months.
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
Virat Kohli reached 15,000 ODI runs 74 innings faster than Sachin Tendulkar, but changing rules and conditions make their numbers harder to compare.
Indian badminton doubles pair Satwiksairaj Rankireddy and Chirag Shetty, world No. 5, suffered a surprising first-round exit at the Asian Games, losing to Thailand's Pakkapon Teeraratsakul and Peeratchai Sukphun. The duo cited a demanding schedule, lack of recovery, and mental struggles as factors, while also acknowledging their opponents' strong performance.
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.
A deposit is not necessarily taxable simply because it appears in a bank account. What matters is whether its source can be satisfactorily explained.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
India's men's hockey team successfully defended their Asian Games gold medal by defeating Malaysia 5-1, securing a direct qualification for the 2028 Los Angeles Olympics.
NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.
Uruguay head coach Diego Forlan discusses the team's recent World Cup group-stage exits, emphasising the need for calm and confidence in rebuilding the squad. He highlights his philosophy of hard work, adaptability, and playing good football, while acknowledging the pressure of managing a national team with a rich history. Forlan also reflects on his initial games as coach and the importance of team cohesion.
Indian shooter Esha Singh, who won a silver medal at the Asian Games in the women's 25m pistol event, shared her experience of the "nerve-racking" five shoot-offs in the final. She expressed no regret over missing gold, attributing her performance to years of experience and crediting her extensive support system. Singh is now focused on upcoming World Championships and Olympic quota events.
Indian women's hockey team chief coach Sjoerd Marijne shares insights into the team's historic Asian Games gold medal victory, revealing his "eye of a tiger" message that inspired the players.
India, through First Secretary Petal Gahlot, strongly criticised Pakistan at the UN General Assembly, labelling it a "puppet regime" and warning of consequences for its continued support of terrorism. This came after Pakistan Prime Minister Shehbaz Sharif raised the Kashmir issue and credited Donald Trump for intervening in a hypothetical 2025 conflict. India highlighted Pakistan's internal political issues, its history with Osama Bin Laden, and the human rights situation in Pakistan-occupied Kashmir, while also condemning its blasphemy laws and treatment of minorities.
A year after GST rates were rationalised, retail growth in automobiles has sustained beyond the initial festival surge, led by two-wheelers and passenger vehicles (PVs), with the Fada data showing rural markets emerging as a key driver of the post-GST demand recovery.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.
OnePlus has expanded the 13s range with a new 16 GB RAM and 512 GB storage configuration.
Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.
Bollywood actor Ayushmann Khurrana sponsored a rifle for Asian Championship gold medallist Meghana Sajjanar, enabling her to access world-class equipment and achieve success. Sajjanar, who recently won gold and bronze medals, credited Khurrana's support for her improved performance, highlighting his selfless act to promote Indian athletes on the global stage.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
