A 19-year-old man was stabbed to death in northeast Delhi's Jafrabad area following a dispute over an abusive social media comment. Police have apprehended two individuals, including a juvenile, in connection with the murder. The victim and one of the accused were co-workers.
India's gross Goods and Services Tax (GST) collections saw a significant 14.8 per cent year-on-year increase in August, reaching approximately Rs 2 lakh crore, with import revenue contributing substantially to this growth.
A former BJP MLA, Narendra Pawar, and a dismissed police constable, Shailesh Patil, have been booked in Thane for allegedly gangraping a 22-year-old woman after holding her captive at gunpoint at a farmhouse. The woman was reportedly coerced into consuming alcohol before the assault.
Polio survivor Rupa Sahu has turned her disability into a mission to protect others and spent 20 years going door to door to vaccinate children against the dreaded disease.
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.
The Odisha government has rejected the remission plea of Ravindra Pal alias Dara Singh, who is serving a life sentence for the 1999 murder of Australian missionary Graham Stuart Staines and his two minor sons. The Supreme Court has granted Singh's counsel two weeks to challenge this decision. Singh, 63, has been in jail for over 25 years and sought premature release, claiming repentance for his actions.
Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.
Bengaluru-based deep-tech company RayVector Technologies is demonstrating its advanced multi-sensor module and wafer-handling technology at SEMICON India. This innovative solution uses sensing, imaging, and AI to detect minute irregularities in semiconductor wafers, helping manufacturers prevent costly production losses. The technology is already being utilised by major global players like Samsung, Intel, and TSMC, highlighting India's growing contribution to the global semiconductor ecosystem.
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.
Equity mutual fund schemes in India attracted a net inflow of Rs 29,329 crore in August, marking the highest in four months, primarily fuelled by strong investor interest in mid-cap and small-cap funds.
Eighteen mainboard IPOs raised Rs 28,976 crore and carry Rs 2.48 trillion of market value -- 8.6 times the capital raised.
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
An Indian national, Rajiv Acharya, has tragically died in Israel, prompting an ongoing investigation by Israeli authorities. The Indian Embassy in Tel Aviv confirmed a suspect's arrest and is closely monitoring the case while offering assistance to the bereaved family.
Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.
GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.
The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.
A 15-year-old Class 9 student was fatally stabbed in Delhi's Nangloi area by three juveniles following a dispute over his friendship with a girl. The incident occurred on Thursday afternoon, and all three suspects were apprehended by police within hours.
A woman's partially decomposed and decapitated body was discovered in her Guwahati home, with her head found in a refrigerator. Her husband, Ramanuj Goswami, has been arrested after confessing to the murder, claiming it was a fit of rage over his wife's alleged extra-marital affair.
rediffGURU Anu Krishna recommends being patient, and consulting with a professional to help rebuild intimacy and strengthen communication in the marriage.
The Income Tax Department announced a record 7.8 crore Income Tax Returns (ITRs) filed for Assessment Year (AY) 2026-27 by August 31, 2026, surpassing the previous year's figures.
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.
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.
Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.
The ruling does not mean developers must always pay stamp duty. The liability depends on the applicable law and contractual terms.
Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.
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 needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.
India's white-collar job market experienced a 14 per cent year-on-year growth in August, with the auto, healthcare, and retail sectors leading the surge, according to a report by Naukri.com.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
India's economy recorded a robust 7.8 per cent growth in the April-June quarter of fiscal year 2026-27, surpassing both market expectations and the Reserve Bank of India's forecast. This strong performance positions India as the world's fastest-growing major economy, demonstrating resilience despite global economic uncertainties and geopolitical tensions, including the conflict in Iran. The Ministry of Statistics and Programme Implementation highlighted the sustained growth momentum amidst global headwinds.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.
Homicides declined during 2015-2024 compared to the previous decade, but those motivated by love and extramarital affairs did not.
rediffGURU Anu Krishna advises a distressed daughter-in-law as to how she can deal with an interfering mother-in-law while protecting her own peace and marriage.
Fintech giant PhonePe has launched 'PhonePe UPI 123Pay', a new service enabling UPI transactions for feature phone users without requiring an internet connection. This initiative aims to bring digital payment capabilities to over 200 million feature phone users, promoting financial inclusion across India.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
