Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.
'It's A Cat And Mouse Game.'
Indian air rifle shooter Elavenil Valarivan secured a silver medal at the Asian Games, despite initially leading the final. She expressed contentment with the result, viewing it as a crucial learning experience focused on process over outcome. This marks her third consecutive individual silver at major Asian competitions, and she also contributed to India's team silver. The medal holds personal significance as her first at the Asian Games, achieved after eight years, and she credits her coach's guidance.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.
China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Additional District and Sessions Judge Ravi Kumar Diwakar of Muzaffarnagar has publicly questioned the administrative recall of 97 serious criminal cases from his court. His remarks, made in an acquittal order, highlight concerns about judicial independence and the legality of withdrawing "part-heard" cases without proper procedure, especially after he had delivered 23 death sentences.
India has opened its Asian Games medal tally with two silvers in shooting, driven by Elavenil Valarivan's performance, and secured an unexpected podium finish in Mixed Martial Arts. The women's cricket team also advanced to the finals, aiming for a second consecutive gold.
The Indian government has officially declared the Pakistan-based Shahzad Bhatti Network (SBN) a terrorist organisation under the Unlawful Activities (Prevention) Act (UAPA). This action, announced by Union Home Minister Amit Shah, targets a group involved in cross-border smuggling of arms, explosives, and narcotics, as well as inciting youth into terrorism and spreading hateful digital content. SBN is accused of threatening India's democratic structure, communal harmony, and internal security.
President Droupadi Murmu extended her congratulations to both the junior men's and women's hockey teams for their recent Asia Cup triumphs, highlighting their dedication and teamwork. Both teams secured their respective titles, with the women defeating China and the men beating Korea, thereby qualifying for the Junior World Cup.
Kylian Mbappe scored two goals, including a penalty, as Real Madrid secured a dominant 4-1 victory over Rayo Vallecano in LaLiga, moving them level on points with leaders Barcelona.
The Gauhati high court has questioned the legality of the demolition of 21 dwelling units on private agricultural land in Goalpara, saying the action appeared prima facie illegal and unauthorised and may have involved misuse of the Disaster Management Act.
Actress Ameesha Patel strongly reacted to social media speculation regarding her friendship with cricketer Hardik Pandya after a viral video showed her hand on his arm, sarcastically dismissing romantic interpretations and advising the X user to 'have a girl even as a friend'.
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.
Defending champions India faced significant organisational issues upon arrival in Samarkand for the Chess Olympiad, experiencing a five-hour delay in hotel room allotment. Players and coaches, including Grandmasters Srinath Narayanan and Vidit Gujrathi, expressed frustration over the poor arrangements for the prestigious FIDE tournament.
Shiv Sena (UBT) leader Aaditya Thackeray has denied any knowledge of or meeting with late Disha Salian, former manager of late actor Sushant Singh Rajput. He alleges that attempts to link his name to the case are politically motivated character assassination, following the CBI's registration of an FIR in the 2020 Disha Salian death case.
'UPI has been free since Covid, so why is the government charging us now?'
A woman in Lucknow was filmed clinging to the bonnet of a moving car before being struck by the vehicle as the driver sped away. Police have registered an attempt-to-murder case against the driver, who has been detained, following the incident which reportedly stemmed from a dispute between the two, who were previously friends.
A Kottayam Vigilance Court has sentenced former Kerala DGP Tomin J Thachankary to four years of rigorous imprisonment and imposed a fine of Rs 30.84 lakh in a disproportionate assets case. This marks the first time a DGP-rank officer in Kerala has been convicted for such an offence, with the court finding him guilty of amassing wealth 135.80 per cent in excess of his known income between 2003 and 2007.
Badminton star Saina Nehwal, who retired earlier this year due to a chronic knee condition, is enjoying her post-retirement life by travelling the world, recently visiting Universal Studios Hollywood with her mother.
The Janata Dal (United) is considering a proposal to rename the party as 'JD(U)-Nitish' to honour its leader Nitish Kumar, a move supported by key aides but criticised by the RJD, which suggests it indicates an impending split within the party.
An Indian woman has alleged that Russian police detained her husband in Moscow and pressured him to join the Russian army. The Indian Embassy has sought consular access, while India continues efforts to secure the return of its nationals recruited into Russian forces.
'It is not about a place with fewer incidents of violence but a city where women have real agency in planning their daily lives.'
The UP Scholarship, officially known as the Uttar Pradesh Scholarship and Fee Reimbursement Scheme, provides financial assistance to students from Classes 9 to 12 as well as those pursuing graduation, post-graduation, diploma and other post-matric courses.
The Indian women's cricket team secured their eighth Women's Asia Cup title, defeating Sri Lanka by 72 runs in the final, a triumph that has garnered widespread congratulations from top Indian leaders.
The BCCI's 95th Annual General Meeting in Mumbai will address several crucial matters, including the grant of associate membership to the Cricket Association of Andaman and Nicobar Islands, the appointment of a BCCI representative to the ICC, and the induction of new members to the IPL Governing Council.
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.
Domestic passenger vehicle dispatches in India surged by 36.5 per cent year-on-year to 4,39,309 units in August, marking the highest ever sales for the month, according to the Society of Indian Automobile Manufacturers (SIAM).
India's women's cricket team secured a spot in the Women's T20 Asia Cup final after a comprehensive 40-run victory over Bangladesh in the first semi-final, with captain Harmanpreet Kaur praising the team's all-round performance.
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
Kerala Chief Minister V D Satheesan's Facebook post criticising Islamic scholar Kanthapuram A P Aboobacker Musliyar's alleged anti-women remarks has disappeared, with the CMO citing a technical error. The incident has sparked political criticism from CPI(M) and BJP, who question the explanation and accuse the Congress of hypocrisy.
Khalin Joshi has extended his lead to two shots at the inaugural Rs 1 crore Nava Raipur Open after a bogey-free four-under 30 in the second round. The Bengaluru golfer now stands at nine-under 59, showcasing consistent ball-striking despite challenging weather conditions that shortened rounds to nine holes.
Former chief selector Ajit Agarkar's departure from the BCCI was primarily driven by disagreements over Rohit Sharma's future in white-ball cricket and policy differences with Centre of Excellence head VVS Laxman, culminating in his absence from a crucial review meeting.
Two separate incidents of Ganesh idols falling during processions were reported in Palghar and Thane districts. In Nalasopara, a Ganesh idol fell due to heavy rain and wind but remained intact with no injuries. In Bhayander, a youth was injured and an idol was damaged when it tipped over during its arrival procession.
'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'
Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.
Hansi Flick has become the first Barcelona manager to win the club's opening seven competitive matches of a season after a dominant 7-2 victory over Racing Santander.
Actress Bipasha Basu has raised concerns over food safety and the quality of packaged food after claiming that she found several tiny worms inside a newly opened food container, prompting her to seek intervention from Maharashtra FDA Commissioner Tukaram Mundhe.
