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 traditional flag hoisting ceremony for the Asian Games in Nagoya, involving India and other nations, was significantly delayed and disrupted due to unspecified "trouble" and a lack of communication between organisers.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
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.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
Pakistan's Defence Minister Khawaja Asif has reiterated the nation's unwavering commitment to the Makkah Joint Defence Agreement, underscoring its role in regional security following an attempted drone attack near the holy city of Mecca. The pact, signed by Pakistan, Turkiye, and Saudi Arabia, establishes a framework for collective deterrence against armed attacks.
Novak Djokovic, the 24-time Grand Slam champion, has announced his return to the China Open after an 11-year absence, seeking to regain form after a surprising first-round exit at the US Open.
Ukrainian drone attacks in Russia's Moscow region have resulted in injuries to 10 people, including three Chinese nationals. All injured are receiving hospital treatment, and the Chinese Embassy is verifying details of the incident, which occurred from Sunday night into Monday morning.
Senior Pakistan cricketers Mohammad Rizwan and Imam-ul-Haq will miss the upcoming domestic first-class tournament. While the official reason cites missed fitness tests, sources indicate they are under investigation by the National Cyber Crime Investigation Agency (NCCIA) for alleged dressing-room leaks, leading to their exclusion from domestic matches.
The Delhi Chief Electoral Officer's office has issued notices to over 33 lakh voters, including former deputy prime minister LK Advani, External Affairs Minister S Jaishankar, and former vice-president Jagdeep Dhankhar, over discrepancies in their electoral roll details. These notices are part of the Special Intensive Revision (SIR) exercise, primarily due to details not matching with the 2002 SIR. Despite concerns raised by some politicians, officials assure that no names will be deleted without due verification and an opportunity for voters to respond.
Bangladesh has confirmed that Prime Minister Tarique Rahman will not attend the upcoming BRICS Summit in India, clarifying that the invitation was extended to him as the BIMSTEC Chair, not as Bangladesh's Prime Minister. The nation is prioritising bilateral visits and discussions, while also addressing national interests like the expiring Ganges Water Sharing Treaty.
Pakistan's government is exploring measures, including potential smart lockdowns and austerity, to reduce petroleum consumption. This comes after recent fuel price hikes driven by rising global oil prices and West Asia tensions, which have also raised concerns about oil supply disruptions. The government is also implementing a fuel relief scheme and faces public pressure over the price increases.
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.
Noel Tata, chairman of Tata Trusts, has presented a proposal for the Shapoorji Pallonji (SP) group to sell its 18.37 per cent stake in Tata Sons for approximately 25,000 crore, aiming to address the SP group's liquidity needs without a public listing of Tata Sons.
Tavengwa Mukuhlani, Chairman of Zimbabwe Cricket, has been appointed as the new Deputy Chairperson of the International Cricket Council (ICC) until November 2027, succeeding Singapore's Imran Khwaja. This significant appointment is expected to bolster African cricket, especially as Zimbabwe prepares to co-host the 2027 ICC Men's Cricket World Cup.
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.
The Lahore High Court dismissed Muhammad Rizwan's petition challenging notices from the National Cyber Crime Investigation Agency (NCCIA). The Pakistan Cricket Board (PCB) awaits the NCCIA's forensic report on mobile phones seized from Rizwan and Imam-ul-Haq to decide on potential disciplinary action against the players.
The Trinamool Congress has submitted new names and symbols to the Election Commission for the upcoming West Bengal bypolls, following an interim order that temporarily barred the party from using its original name and "flowers and grass" symbol due to an ongoing internal dispute and split. The party submitted its choices under protest.
The Indian Sports Ministry has sought assistance from the Indian diaspora in Nagoya to help with athlete accommodation at the Asian Games, as several Indian and other athletes have faced delays and issues with their designated lodging due to a lack of a dedicated athletes' village.
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.
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.
From a milk abhishek and aarti in Patna and Vadnagar to blood donation camps in Delhi, sand art tributes in Puri and Agartala, and havan pujas in Jammu, BJP leaders and others nationwide honoured the occasion of Prime Minister Narendra Modi's 76th birthday with prayers, service drives and tributes.
Former West Bengal Chief Minister's faction has announced support for the Congress candidate in the Nandigram assembly bypoll, marking a significant shift in state politics. This move comes amidst an internal party dispute within the Trinamool Congress and is seen as an attempt to consolidate anti-BJP votes and strengthen the INDIA bloc, despite a history of acrimonious rivalry between the two parties.
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.
The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
Football administrator Ranjit Bajaj has filed a writ petition in court, seeking directions for the All India Football Federation (AIFF) to immediately schedule and complete elections for its Executive Committee. Bajaj argues that the AIFF has already adopted a compliant constitution, making further deferment unjustified.
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.
India's Quimcy Joaquim Dsouza has reached the women's singles semifinals in Teqball at the Asian Games, putting her one win away from securing the country's first-ever medal in the sport. She topped her group after defeating Japan's Yuina Sakamoto and Cambodia's Koemyean DY. The Indian mixed doubles pair of Quimcy and Mohammed Anas Imran Beg also remain in contention for a medal through the repechage round despite an earlier quarterfinal loss. Teqball is making its debut at the Asian Games.
As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.
The Supreme Court has directed the Jammu and Kashmir administration to issue a no-objection certificate and relieving order to international water sports coach Bilquis Mir, enabling her to join the Indian National Kayaking and Canoeing Team as chief coach for the Asian Games. This ruling came after PDP chief Mehbooba Mufti criticised the bureaucratic hurdles faced by Mir, highlighting systemic issues within the administration.
Aisam ul Haq Qureshi, President of the Pakistan Tennis Federation, has announced he will compete as a doubles player in the upcoming Asian Games in Aichi-Nagoya, Japan.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
Government sources state that Meta, due to its algorithmic amplification of content, can no longer be considered a "simple intermediary" but rather a "service provider," implying greater responsibility and potential loss of legal immunity. This shift comes as Meta commits to directly reporting child abuse content to Indian law enforcement, amidst increasing government scrutiny over harmful online content and algorithmic bias.
India's deputy chef-de-mission, A Sharath Kamal, has downplayed concerns regarding the unique container room and cruise ship accommodation for athletes at the upcoming Asian Games in Aichi-Nagoya. He stated that Indian athletes have been prepared for these arrangements through mock setups at SAI centres. Kamal also expressed confidence in India's table tennis team, predicting at least one medal, specifically highlighting the men's doubles and mixed doubles pairs.
Delhi is experiencing heavy rainfall and strong winds, prompting the India Meteorological Department (IMD) to issue a red alert, which is impacting ongoing preparations for the crucial BRICS Summit.
The Ministry of External Affairs stated that India's participation in the 2027 SAF Games in Pakistan will be guided by the sports ministry's policy, which permits Indian athletes to compete in events with Pakistani participants and vice-versa. Separately, the MEA also commented on the ongoing legal proceedings for seven foreign nationals, including a US citizen and six Ukrainians, who were recently chargesheeted by the NIA for illegal entry and movement, though not under UAPA at this stage.
The Supreme Court has intervened to allow international water sports coach Bilquis Mir to join the Indian National Kayaking and Canoeing Team for the Asian Games in Japan. Overruling a Jammu and Kashmir administration order that denied her permission due to pending inquiries, the apex court emphasised the time-sensitive nature of sports administration and directed the issuance of a No Objection Certificate by September 15, 2026.
Selected applicants may receive a fee reduction of 10,000 to 15,000 euros in tuition costs.
From unexpected cameos to sneaky Easter eggs, these Hindi films have quietly created some wonderfully weird cinematic universes of their own.
Meta has agreed to report child safety-related matters, including child sexual abuse cases, to appropriate law enforcement agencies in India, government sources confirmed, emphasising that online safety for children is a "non-negotiable" fundamental principle for social media platforms operating in the country.
