The second edition of the Commonwealth Cue Sports Championships has commenced in Ahmedabad, featuring 144 players from 42 nations competing across various disciplines. This four-day event, hosted by the BSFI, marks the first time India is staging the prestigious championships, with a strong Indian contingent participating, including medallists from the inaugural edition in Mauritius in 2025.
Indian shuttler Jagsher Singh Khangurra has secured a medal at the Badminton World Junior Championships in Cairo after winning his quarterfinal match on Thursday. He will now compete in the semi-finals on Friday.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Indian cueists, including Paras Gupta and Dhvaj Haria, had a successful opening day at the Commonwealth Cue Sports Championships in Ahmedabad. Several players advanced across various disciplines like men's heyball, snooker, women's billiards, 10-Ball, and blackball, showcasing a strong performance by the Indian contingent. However, some Indian players also faced defeats in their respective categories.
Over centuries, the beloved deity travelled across Asia, acquiring new names, forms and traditions along the way.
External Affairs Minister S Jaishankar will host US Secretary of State Marco Rubio in Mumbai on October 20 for talks aimed at strengthening the Comprehensive Global Strategic Partnership. Discussions will cover energy, trade, defence, and critical technologies. The visit also includes celebrations for the 250th anniversary of US Independence. This meeting follows earlier confusion regarding Rubio's visit and will also touch upon the India-US bilateral trade agreement, which both sides are close to concluding. The MEA clarified that hosting foreign dignitaries outside Delhi is a common practice.
The second half of the Indian Golf Premier League (IGPL) kicks off with the AM Green IGPL Invitational 2026 in Ras Al Khaimah, UAE, featuring top Indian golfers like Gaganjeet Bhullar, Shiv Kapur, and Udayan Mane. The event, starting September 25, marks another international stop for the growing league before it returns to India.
The Sports Ministry has granted provisional recognition to the Indian Unisports Federation (IUSF) for university sports development, relaxing affiliation conditions. This move casts doubt on the future of the Association of Indian Universities (AIU), which has faced criticism and a show-cause notice for administrative lapses, including issues at the World University Games last year.
Gaganjeet Bhullar, a seasoned golfer with multiple Asian Tour and IGPL titles, expresses his confidence and aims for a win at the AM Green IGPL Invitational 2026 in Mauritius, acknowledging the strong competition and the significance of the event for young Indian golfers.
UPI transactions saw a 27% volume increase and 20% value increase in the first half of the current fiscal year. Despite a slight moderation in September, the digital payment system is set to implement a 0.4% merchant discount rate on transactions over Rs 2,000, aiming for a sustainable revenue model. Small merchants and person-to-person payments remain exempt, and UPI's global presence continues to expand.
IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.
The National Stock Exchange's (NSE) initial public offering (IPO) is expected to shrink in size to Rs 25,000-27,000 crore, down from an earlier estimate of Rs 30,000 crore, as some shareholders are reducing their offer for sale (OFS) stake.
Vikash Dhorasoo, the first Indian-origin player in a FIFA World Cup, expresses strong belief in India's potential to reach football's biggest stage. Visiting India for a friendly match against Brazil, Dhorasoo highlights the importance of method, clear objectives, and leveraging players of Indian origin to elevate the national team's level. He also offers his coaching expertise to help develop young talent in India.
Diksha Dagar began strongly at the MCB Ladies Classic in Mauritius, carding a 4-under 68, highlighted by a hole-in-one. Agathe Laisne leads the field with an 8-under 64.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
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.
What do a Rajasthani style building, an island and a striking lotus-shaped shrine have in common? They are all home to Krishna devotion far from India. Unexpected settings to fascinating architecture, these seven temples offer a glimpse of how Krishna's timeless tradition has travelled across the globe.
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.
A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
The AM Green Indian Golf Premier League (IGPL) is set to host its second event in the UAE, resuming its season at Al Hamra Golf Club in Ras Al Khaimah from September 23 to 25. This event, presented by Vimtra Chennai Lions GC, marks the league's return to the UAE after its debut in Dubai last December, featuring top golfers like Gaganjeet Bhullar.
The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.
Phoenix Hyderabad, captained by Sachin Baisoya, emerged victorious in the team event at the IGPL Invitational 2026 Mauritius, hosted by Leander Paes. Baisoya also secured the individual stroke play title.
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Veer Ganapathy's strong finish propels him to the top of the leaderboard at the AM Green AM GREEN IGPL Invitational 2026 Mauritius, while Sachin Baisoya slips after a late bogey.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
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.
Veer Ganapathy and Sachin Baisoya share the lead after the first round of the AM Green IGPL Invitational 2026 in Mauritius, with several other golfers close behind.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.
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."
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.
India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.
India's UPI International payment system is now playing a crucial role in humanitarian efforts, enabling seamless disaster relief donations from Indian users to Nepal's Prime Minister Disaster Relief Fund, showcasing its growing global acceptance and utility beyond tourism. UPI IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Unsplash Key Points UPI International, initially for Indian tourists, is now facilitating disaster relief donations to Nepal's Prime Minister Disaster Relief Fund. The embassy of Nepal in India is actively encouraging Indian users to utilise their UPI apps for these contributions. This marks a significant shift, expanding UPI's cross-border use case beyond tourism to include inbound collection for foreign governments. The move positions UPI International alongside global payment giants like Alipay+ and UnionPay for international aid. Donors need to activate the UPI International feature on their apps to transact, with amounts converted from INR to NPR.
The FIDE elections will see three Indians, including chess legend Viswanathan Anand, vying for crucial leadership positions amidst a complex electoral landscape and a high-stakes three-way presidential battle.
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
