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.
Indian shooter Rudrankksh Patil secured a bronze medal at the Asian Games in the men's 10m air rifle event, expressing mixed feelings about his performance and a long-standing frustration over not receiving the Arjuna Award despite his world champion status and multiple achievements. He also reflected on past setbacks and the mental challenges of elite sport.
Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.
The Indian men's and women's chess teams delivered strong performances at the Chess Olympiad in Samarkand, with the men's team defeating Spain 3-1 and the women's team securing an identical 3-1 victory over Mongolia. World champion D Gukesh led the men's success with a clean win against Alexei Shirov, while Arjun Erigaisi also contributed significantly. In the women's section, B Savitha Shri and Divya Deshmukh were instrumental in their team's win.
A 70-year-old man was allegedly beaten to death by his neighbour's family in Kharad village, Muzaffarnagar, while selling vinegar. Police have registered a murder case against five accused who are currently absconding. The incident led to local protests, and security has been heightened in the village.
The Delhi poll body has issued notices to several prominent voters, including Chief Minister Rekha Gupta and AAP supremo Arvind Kejriwal, for discrepancies in their enumeration forms during the ongoing Special Intensive Revision (SIR) exercise. While Gupta's entry has been validated, millions of other voters, including other political figures, have received notices for issues like age-related mismatches or being unmapped with previous SIR records, requiring them to submit documents by October 29.
The Delhi Billiards & Snooker Association, in collaboration with NSCI, is organising the NSCI Open 8-Ball Pool Tournament from September 26 to October 5 in New Delhi. The event will feature top players like Sourav Kothari, Sundeep Gulati, Kamal Chawla, Vidya Pillai, and Chitra Magimairaj, competing for a prize purse of Rs five lakh.
The Indian men's chess team defeated Italy 3-1, with Nihal Sarin and D Gukesh securing key wins. The women's team also achieved a dominant 3.5-0.5 victory against Greece, maintaining their strong position in the 46th Chess Olympiad.
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC). Anil Ambani has denied any wrongdoing. The LIC alleges criminal conspiracy, misrepresentation, and fraudulent diversion of funds.
A quarrel between two student groups during college union election campaigning in northwest Delhi's Bharat Nagar area resulted in two Satyawati College students being injured and two vehicles damaged. Police are investigating the incident, which reportedly involved firing and assault.
Police in West Bengal's North 24 Parganas district have arrested two youths, Joy Pal and Debabrata Mallick, for allegedly raping two girls, including a 13-year-old. The arrests followed a complaint after one victim went missing, and further investigation revealed a second victim. A case has been registered under the POCSO Act.
'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.'
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
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.
Regional OTT platform STAGE is set to release India's first AI-made biopic on farmer leader Sir Chhotu Ram. The project leverages artificial intelligence for various aspects of filmmaking, from visualisation to character generation, aiming to reduce production costs and expand storytelling possibilities for underserved cultures and languages.
Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
Double Olympic medallist Manu Bhaker and defending shot put champion Tajinderpal Singh Toor have been selected as India's flag-bearers for the Asian Games opening ceremony. This decision highlights the significant contributions of shooting and athletics to India's medal tally, with a 158-strong contingent participating in the event.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
An 18-year-old female student was stabbed and injured in a government college in Barwani, Madhya Pradesh, after she rejected a marriage proposal from a fellow student. The accused, Ganesh Thakur, first attempted to shoot her with a country-made pistol, which misfired, before attacking her with a knife. He has been arrested by the police.
A Fast-Track Special Court in Hoshiarpur has sentenced a 33-year-old migrant labourer, Nanke Yadav alias Radhe Sham, to death for the aggravated sexual assault and murder of a five-year-old boy. The court termed it a 'rarest of rare' case, with the death sentence subject to confirmation by the Punjab and Haryana High Court.
Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.
Indian wrestler Nisha Dahia has transformed her mindset, moving past repeated injury setbacks and frustrations to focus on her performance at the Asian Games. After years of questioning her fate, she now embraces a mature outlook, concentrating on hard work and accepting outcomes. Her training with Japanese coach Kosei Akaishi has also enhanced her technical skills, particularly in ground wrestling, making her a more complete athlete as she aims for a major medal.
India's Davis Cup team is set for a high-stakes Qualifier Round 2 clash against South Korea in Seoul, with players like Dhakshineswar Suresh and Sumit Nagal aiming to secure a historic Final 8 berth under the current format.
Bengaluru is piloting the Jet Patcher technology to efficiently repair smaller potholes without disrupting traffic. This new method, suitable for potholes up to 50mm deep, uses cold-mix technology and allows for quick repairs, offering an alternative to traditional hot-mix methods which are less effective during monsoons and cause traffic congestion. The city aims to expand its use if the pilot project proves successful.
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.
Aaron Rai has made an impressive start at the BMW PGA Championship, leading the field with a 6-under 66. Playing alongside major champions Rory McIlroy and Ryan Fox, Rai's strong performance puts him in a prime position, while McIlroy and Fox also remain in contention after their opening rounds.
Khalin Joshi retained his one-shot lead after the third round of the inaugural Nava Raipur Open, despite a challenging day on the course. Heavy rain forced the tournament to be played over the back nine, with Angad Cheema emerging as his closest competitor.
Fintech firm BharatPe has publicly supported the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers over Rs 2,000. The company has also distanced itself from its former co-founder Ashneer Grover's strong criticism of these changes, stating his remarks are personal and do not reflect BharatPe's official position. BharatPe believes the new framework will strengthen digital payment economics while protecting consumers and small merchants.
Kerala has formed a new Anti-Narcotics Investigation Team to intensify its anti-drug drive, Operation Toofan. This team will focus on high-value drug cases with interstate and international connections, operating from three units across the state. The announcement follows significant drug seizures and arrests, including a major MDMA haul and the apprehension of key network members involved in other serious crimes.
Pune police have filed a 5053-page chargesheet in the Ketan Agarwal murder case, detailing how his fiance Siya Goyal, her alleged lover Chetan Choudhary, and Ritesh Hange conspired to push him off Lohagad Fort. The chargesheet reveals the use of a fake Instagram account, online research, and even ChatGPT to plan the murder and avoid detection, after previous attempts failed.
Rabiul Alam Chowdhury, Mamata Banerjee's party's candidate for the Rejinagar by-election, initially announced his withdrawal from the contest due to harassment of workers and symbol unfamiliarity, but retracted his statement within hours after intervention from the party's top leadership and Mamata Banerjee herself, confirming he will now contest the October 6 poll.
A 17-year-old girl was allegedly raped, stabbed to death, and her body dumped in an open field in New Delhi. Four individuals, including three minors, have been apprehended in connection with the crime. The victim and accused were known to each other, and the incident reportedly occurred after they consumed alcohol together in a tempo. Police used CCTV footage to identify and trace the suspects.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.
The Kerala High Court has affirmed the conviction and life imprisonment of a former state government employee found guilty of raping a 14-year-old schoolgirl over 45 days in 2009. The court dismissed the accused's appeal, stating the victim's testimony was "sterling quality" and corroborated by medical evidence, rejecting claims of false implication.
The ongoing US conflict with Iran has cost the Trump administration an estimated $45.1 billion, according to a Pentagon estimate provided to the US Congress on Friday, CNN reported, citing two sources familiar with the matter.
Delhi Police faced significant challenges in investigating the alleged gang rape and murder of a teenage girl whose decomposed body was found with no missing complaint filed. A peculiar symbol on a tempo, identified through extensive CCTV footage analysis, proved crucial in tracing the suspects and apprehending four individuals, including three minors, linked to the crime.
Bengaluru-based Remidio Innovative Solutions has secured a patent from the Japan Patent Office for its deep learning system that automates retinal image capture. This new patent enhances their existing intellectual property in Japan, strengthening their integrated AI platform and making retinal screening more accessible and cost-effective.
The power suit has officially left the boardroom. Celebrities are taking classic tailoring and giving it a serious fashion upgrade wearing blazers as capes, swapping trousers for shorts, ditching shirts altogether and adding corsets, chokers and statement jewellery into the mix.
The Congress party won six out of nine wards where repolling was conducted across four urban local bodies in Rajasthan, while the BJP secured three. These results finalise the tally for all 10,244 wards, with the BJP holding the overall lead in total wards won, followed by Congress and Independents. The process for electing mayors and chairpersons is now underway.
