Mobile phone retailers across India, represented by AIMRA, are protesting the 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 for merchants. They plan to observe 'No UPI Day' on October 2, 2026, arguing that this fee will significantly impact their income and burden small businesses, advocating for a continued Zero MDR structure for UPI merchant payments.
India's men's and women's chess teams are set to defend their respective Chess Olympiad titles, with strong lineups featuring world champion D Gukesh and in-form R Praggnanandhaa for the men, and Koneru Humpy leading the top-seeded women's squad.
India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.
'Separate needs from wants and minimise discretionary spending.'
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
India's spin-bowling all-rounder Naman Dhir discusses how his experience as a batter enhances his ability to read opponents while bowling. He elaborates on his strategy for dismissing Kamil Pooran in the recent T20I match against West Indies and outlines his role as a batting all-rounder in the Indian team, emphasising his reliance on line, length, and pace variations.
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.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
India U-19 defeated Australia U-19 by 103 runs in the second Youth ODI, securing an unassailable 2-0 lead in the three-match series. Yashbardhan Chauhan scored 122 and VK Vineeth added 87, helping India post 341/7. Australia were bowled out for 238, with Chigurupati Venkata taking three wickets.
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
India all-rounder Naman Dhir discusses his bowling development, crediting veteran Ravindra Jadeja's advice and training at the Mumbai Indians camp. Despite not yet taking a wicket in his two ODIs, Dhir maintains a good economy rate and is working on his all-round game, including his batting, ahead of the third ODI.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
Nikhil Chaudhary, who once dreamt of an IPL contract and playing for Punjab, made his international debut for Australia in a T20I against Bangladesh in June, a turn of events he describes as his "life's biggest moment" after being stranded in Australia during the 2020 Covid-19 lockdown.
The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.
The Lava Bold N4 Pro 5G sports a sleek flat back, with its dual-camera module neatly housed in a raised rounded-rectangle unit at the top-left.
The GST Council has approved a proposal allowing pharmaceutical companies to claim Input Tax Credit (ITC) on free samples and goods destroyed or written off due to expiry, effective from the next fiscal year. This move aims to support manufacturing, liquidity, and exports within the sector.
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.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
Cricket legend Kapil Dev has cautioned against creating 'excessive hype' around 15-year-old Indian cricketer Vaibhav Sooryavanshi, drawing parallels with Vinod Kambli's career, and urged the media to give the young talent time to develop.
'Your retirement corpus isn't just a big pile of cash for 'one day' -- it is the salary you pay yourself when you no longer want to go to work.'
Ishan Kishan smashed an unbeaten 80 against Sri Lanka to overtake Virat Kohli's T20I record for fifty-plus scores in a calendar year and move within 80 runs of Suryakumar Yadav's India record.
India's leading private-sector banks, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, reported robust deposit growth in the July-September quarter (Q2FY27), significantly aided by the Reserve Bank of India's concessional FCNR(B) swap window.
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.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, authorising President Trump to impose sanctions on Russia's energy sector and tariffs on countries like India and China that purchase Russian oil and gas. The legislation aims to curb Russia's ability to evade existing sanctions and reduce global dependence on its energy exports, despite some Democratic opposition to increased tariff authority for the President.
The pendency of rape cases in courts rose from 83 per cent in 2013 to 89 per cent in 2024, while the conviction rate fell from 27 per cent to 23 per cent in the same period.
They had bought Rs 29,631 crore worth of shares in August.
The Indian men's chess team, seeded second, is set to face sixth-seeded Holland in the fifth round of the 46th Chess Olympiad after a mixed start. While players like D Gukesh and Nihal Sareen have performed well, top board players R Praggnanandhaa and Arjun Erigaisi are looking to find their form. The Indian women's team, with a perfect score, will play Poland, with B Savitha Shri being a standout performer.
Reserve Bank of India Governor Sanjay Malhotra has stated that the rupee may be 'undervalued' by many estimates and assured that the RBI will work to ensure its stability and help it find its 'correct value' amidst recent depreciation.
Shubman Gill's magnificent double century and Rohit Sharma's fluent hundred propelled India to their highest successful run chase in ODI history, chasing down 406 against West Indies by 8 wickets to seal the three-match series.
The rise in loan sizes reflects both higher vehicle prices and a shift from entry-level cars to SUVs.
Indian Grandmaster Arjun Erigaisi has voiced significant reservations regarding a proposal by World Chess and FIDE to convert online rapid and blitz ratings into official FIDE ratings. He highlights fundamental integrity issues, such as mouse slips and the lack of physical supervision in home-based online play, making it difficult to ensure fair play. Erigaisi also commented on World Champion D Gukesh's recent form and dismissed the idea that AI diminishes creativity in chess.
India's passenger vehicle sales are estimated to have surged by approximately 35 per cent to about 4.5 lakh units in August, driven by strong performances from major automakers like Maruti Suzuki India, Tata Motors Passenger Vehicles, and Mahindra & Mahindra, with the industry entering the festive season with optimism.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
AIFF President Kalyan Chaubey and West Bengal Minister Indranil Khan offered their perspectives on the Indian football team's 6-1 defeat against Uruguay. Chaubey highlighted the team's strong start and confidence, suggesting rain disrupted momentum, and stressed the importance of playing top-level opposition. Khan called the match a landmark moment for Indian football exposure but also criticised political interference in West Bengal's football ecosystem.
India's semiconductor sector has garnered USD 1.4 billion in total equity funding across 281 companies, with a substantial USD 701 million raised since 2025 alone, according to Tracxn data.
Avinash Arun's Prahaar: The Untold Story of Ujjwal Nikam emerges as a rare honest film in contemporary Bollywood, skillfully navigating the sensitive narrative of the 26/11 Mumbai terror attacks and the prosecution of Ajmal Kasab without succumbing to propaganda, observes Prasanna D Zore.
Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.
