'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.
The AIADMK suffered a significant blow in the recent Madurantakam and Dharapuram by-polls, seeing a sharp decline in its traditional vote base. The party came in a distant third in both seats, which were previously its strongholds, raising concerns about its leadership, strategy, and future in Tamil Nadu's political landscape, especially with the rise of the TVK.
Jio Platforms' upcoming initial public offering (IPO) is anticipated to be India's largest to date, potentially listing among the top three stocks with a valuation of around Rs 12 lakh crore, and is expected to proceed without an offer-for-sale as current investors show no interest in diluting their holdings.
Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.
Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.
Atomic Energy Commission chairman Ajit Kumar Mohanty stated that India is on the verge of a significant technological transformation, driven by advancements in AI, quantum technologies, and other fields. Speaking at BIT Mesra's convocation, he emphasised the need for strong indigenous capabilities, skilled professionals, and interdisciplinary collaboration to achieve a developed India. Other speakers, including BIT Mesra's Chancellor and Vice Chancellor, echoed the importance of continuous learning and contributing to national progress.
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 Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.
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.
Police in Thane have formed six teams to apprehend former BJP MLA Narendra Pawar and dismissed police officer Shailendra Patil, who are accused of raping a 22-year-old woman at a farmhouse. The duo has been absconding since the FIR was registered, and crucial CCTV footage from the farmhouse is also missing.
The Indian men's volleyball team secured its third consecutive victory at the Asian Games, defeating Qatar 3-2 in a hard-fought match to qualify for the quarterfinals. The team showed remarkable resilience, coming back from two sets down in a marathon encounter.
Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
The thigh-high slit has a way of turning even the most classic silhouette into an instant fashion moment, adding just the right amount of hotness, movement and skin.
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.
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.
Punjab Police, in a joint operation with Gujarat Police, arrested Parminder alias Kaka, the main shooter in the murder of social media influencer Mad Sandhu, after tracking him via a QR code. Five other individuals, including the shooter's brother, were also apprehended. The murder, which occurred on October 3, was claimed by foreign-based gangster Goldy Dhillon.
The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.
A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.
The Central Crime Branch (CCB) in Chennai conducted simultaneous searches at five premises as part of an expanded probe into a corruption case against former DMK School Education Minister Anbil Mahesh Poyyamozhi. The searches, which followed an FIR registered on September 16, 2026, led to the seizure of a laptop and 44 documents related to alleged financial irregularities.
The Central Crime Branch (CCB) in Chennai conducted simultaneous searches at five premises as part of an expanded probe into a corruption case against former DMK School Education Minister Anbil Mahesh Poyyamozhi. The searches, which followed an FIR registered on September 16, 2026, led to the seizure of a laptop and 44 documents related to alleged financial irregularities.
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.
The Central Crime Branch (CCB) in Chennai conducted simultaneous searches at five premises as part of an expanded probe into a corruption case against former DMK School Education Minister Anbil Mahesh Poyyamozhi. The searches, which followed an FIR registered on September 16, 2026, led to the seizure of a laptop and 44 documents related to alleged financial irregularities.
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.
Punjabi social media influencer and makeup artist Mad Sandhu was shot dead by two unidentified persons in Amritsar. The incident occurred on Loharka road, and Sandhu succumbed to his injuries at a hospital. Police are investigating the motive, and the murder has drawn criticism from Congress leader Raj Kumar Verka regarding the state's law and order.
Opposition MPs have voiced strong criticism against the government's new fee on UPI payments exceeding Rs 2,000 to merchants, calling it "anti-people" and expressing widespread "outrage". The issue was raised in a Parliamentary Standing Committee meeting, where concerns were also flagged regarding the methodology of GDP growth calculation and the government's stance on Virtual Digital Assets.
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
Researchers at IIT Delhi have successfully designed India's first working indigenous micro Graphics Processing Unit (GPU). This significant development aims to reduce the country's reliance on imported GPUs, which are crucial for AI, Machine Learning, and various embedded applications, and could help bridge the digital divide.
Students are learning to combine technology with agriculture, healthcare, biotechnology, architecture and fashion, explains Mandeep Singh, assistant professor and deputy dean, Lovely Professional University.
The Unique Identification Authority of India (UIDAI) is actively working on plans to expand Aadhaar's reach globally, particularly to benefit non-resident Indians (NRIs) and overseas citizens of India (OCIs). This initiative aims to enhance interoperability, attract investment, and streamline digital identification processes, with new guidelines for merchants and products like Aadhaar Lite also in development.
Union Communications Minister Jyotiraditya Scindia announced India's ambition to lead the world in 6G mobile technology and become a designer of global technology standards. Speaking at the Global Fintech Fest 2026, Scindia highlighted India's shift from being a technology market to a technology maker, emphasizing progress in 5G rollout, affordable data, and digital infrastructure driving fintech growth, while also stressing the importance of digital security.
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.
The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.
Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.
A nearly 70,000-page chargesheet filed by the Supreme Court-mandated SIT details the diversion of donations from the Ram temple in Ayodhya, revealing a network of eight accused who allegedly removed, concealed, and distributed pilfered funds during cash-counting, supported by 105 CCTV instances and thousands of text messages.
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
The Indian government has introduced a 0.4 per cent charge on UPI payments exceeding Rs 2,000 made to merchants, with a cap of Rs 300 for transactions of Rs 75,000 and above. This policy shift ends the zero-MDR regime, which was previously criticised by financial institutions. While essential sectors and capital markets have specific fee structures, small merchants with monthly UPI QR code earnings up to Rs 1 lakh remain exempt. Person-to-person transfers are unaffected, and measures are in place to prevent merchants from passing these costs to customers.
Police in Kanpur have arrested Subrat Manocha, son of pharmaceutical dealer Vineet Manocha, in connection with his father's murder. The arrest follows allegations by an alleged contract killer, Vishal Gautam, who claimed Subrat hired him for Rs 6 lakh to commit the crime. Investigators are verifying evidence, including call records, as Subrat denies the charges.
Banking services across India, particularly at public sector banks, are set to be disrupted for three days starting Monday due to a nationwide strike by bank unions. The strike, called by the United Forum of Bank Unions (UFBU), is primarily to press for a five-day working week and other demands, despite the finance ministry's appeal for dialogue.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
