The Maharashtra government has declared 265 out of 358 talukas as drought-affected, covering 74% of the state, due to significant rainfall deficit. This declaration activates 'Trigger-1' of the state's drought management framework, leading to the announcement of various relief measures for farmers and residents, including loan restructuring, revenue concessions, and provisions for water and fodder.
Pakistan continues to offer a 7 million rupee reward for information leading to the arrest of Jaish-e-Mohammed chief Masood Azhar, who remains on the Federal Investigation Agency's "Red Book" of most-wanted terrorists. This development comes ahead of the Financial Action Task Force's plenary meeting, highlighting Pakistan's ongoing efforts against terror financing.
The Enforcement Directorate (ED) has informed the Bombay High Court that former liquor baron Vijay Mallya continues to evade Indian law, and the recovery of debts by banks does not absolve him of money laundering charges.
'For Indian institutions this year, global peers are outpacing in key areas such as RoI, entrepreneurship, and alumni outcomes.'
The Jammu and Kashmir High Court has rejected a petition by the Enforcement Directorate to add charges of receiving and concealing stolen property in the alleged Jammu and Kashmir Cricket Association fund scam. While the court upheld the ED's right to file such an application, it found insufficient merit in the current material to invoke sections 411 and 424 of the Ranbir Penal Code, stating that the alleged acts were part of the principal transaction of conspiracy and breach of trust.
'Xi is conveying that China is a pre-eminent power, and India should modulate its actions or approaches accordingly.'
The Indian government has amended its e-commerce rules to enhance price transparency, prevent manipulation of search results, mandate clear disclosure of sponsored listings, and combat 'dark patterns' to protect consumers.
Former Pakistan captain Wasim Akram has strongly criticised current skipper Babar Azam following Pakistan's disastrous Test series against England. Akram questioned Babar's awareness of team changes and suggested he should not have taken on the captaincy again, especially after the team's poor performance and subsequent sanctions.
Ahead of Xi Jinping's visit, National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi held extensive talks in Beijing on August 25 on the boundary issue and reached an eight-point consensus.
The Allahabad High Court has ordered the State Bank of India (SBI) to refund Rs 19.90 lakh debited from a widow's fixed deposit to recover her deceased husband's personal loan. The court deemed the bank's action an "abominable" breach of banking practice and also directed SBI to pay Rs 1 lakh in compensation to the woman.
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.
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.
Three-time Olympic medallist and six-time world champion Jonny Brownlee has announced his retirement from professional triathlon, concluding a highly decorated career in the sport.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
Nikhil Rasal from Satara and Adarsh Mitra Mandal of Gharat Aali, Alibag, have used their Ganpati decorations to highlight the work and public service associated with Tukaram Mundhe, commissioner of food and drug administration turning the festival into a platform for social awareness.
India's bid to host the 2038 Asian Games will not be decided before 2028, as the Olympic Council of Asia (OCA) has revealed that five other countries are also vying for the same edition.
Indian and Chinese armies held their first high-level commanders' flag talks in the Arunachal Pradesh sector, following Special Representatives dialogue. These talks, aimed at maintaining peace along the Line of Actual Control, occurred amidst reports of aggressive military posturing and just days before Chinese President Xi Jinping's visit to India for the BRICS summit.
From Filhaal to Daayra, we look at Meghna Gulzar's filmmaking journey, including the highs of Talvar and Raazi and the films that fell short.
Xi's bilateral meeting with Modi was substantial and readouts from both sides gave indications of rapprochement, if not a reset of bilateral relations between India and China, notes Ambassador T P Sreenivasan.
From Tumbbad to Kantara, these folklore-fuelled films prove Indian cinema has plenty of strange, spooky and spectacular myths to bring to the big screen.
Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
Elena Rybakina defeated Naomi Osaka 6-1, 6-4 to reach the quarter-finals of the US Open, moving closer to her third Grand Slam title and potentially the world number one ranking.
The Central Board of Film Certification (CBFC) flagged the proposed screening of an uncertified documentary on jailed activist Umar Khalid at IIIT-Hyderabad, citing violations of the Cinematograph Act. IIIT-Hyderabad subsequently distanced itself from the event, stating no recognised student bodies had organised it. The screening, titled "Prisoner No. 626710 is Present," was reportedly cancelled by students, following a similar postponement at NLSIU Bengaluru due to opposition.
The Supreme Court has urged the Central Board of Secondary Education (CBSE) to consider exempting Class 6 students from its three-language policy for the current academic year. The policy, which mandates the study of three languages including two native Indian languages, is challenged by petitioners who question CBSE's jurisdiction over classes 6-8. The court emphasized finding a solution that avoids student pressure and suggested a potential deferral for Class 6.
'UPI has been free since Covid, so why is the government charging us now?'
Alexander Zverev defeated Karen Khachanov in a hard-fought US Open semi-final, winning in three sets. This victory propels him to his sixth major final and second at Flushing Meadows, marking a significant achievement in his career.
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.
Mahindra has launched the Thar OG, an upgraded version of its popular SUV, built on a new M Glyde 4G platform with advanced features like Frequency Dependent Damping and Electric Power Steering, while retaining an accessible starting price of 10.32 Lakh.
A court in New Delhi has acquitted 12 persons accused of murder, rioting, and dacoity in a 2020 northeast Delhi riots case, saying that criminal liability cannot be fastened on a person merely because he was a member of an unlawful assembly without proof of his individual acts.
Alexander Zverev, the top seed, endured another gruelling five-set match at the US Open, defeating Frenchman Quentin Halys 6-4, 4-6, 7-6(3), 6-7(3), 6-3 to reach the third round, despite admitting his performance was "quite shit".
'I'm an 'industry child' and my parents were both extremely successful in the same film industry. Yet, they were helpless to ensure my success.'
Japan hosted a vibrant opening ceremony for the Asian Games in Nagoya, showcasing its technological advancements and cultural heritage. The event, themed 'Harmonic Heart Beat', welcomed 11,000 athletes from 45 nations, despite prior logistical challenges.
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.
Alexander Zverev defeated Ben Shelton in the U.S. Open final, securing his first title at Flushing Meadows and his second Grand Slam championship of the year, following his French Open victory.
