India achieved its most successful day at the Asian Games, securing 10 gold medals, 21 silver, and 29 bronze, bringing the total to 60 and improving its ranking to seventh. Compound archers swept all team golds, including an Olympic quota, while trap shooters Neeru Dhanda and Kynan Chenai also won mixed gold. Boxing and wrestling added bronze medals, and the women's hockey team reached the final, assuring at least a silver.
The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.
India continued its strong performance at the Asian Games, securing more medals across various disciplines. Shooter Esha Singh won a hard-fought silver in the women's 25m pistol, while Gulveer Singh added another silver in the men's 1500m. Other notable achievements include Kurash player Picky Balhara's bronze, Vithya Ramraj breaking a national record for bronze in hurdles, and several boxers, the men's cricket team, and squash teams advancing. However, some defending champions faced early exits.
Star Indian weightlifter Mirabai Chanu won a silver medal in the women's 49kg event at the Asian Games, ending a 12-year wait for this prestigious honour. This marks India's first Asian Games weightlifting medal since 1998, adding to Chanu's impressive collection of Olympic, World, and Commonwealth medals.
Assembly by-elections in Madurantakam and Dharapuram will offer an early measure of the TVK's electoral strength and put the dynamics of its new alliance in focus.
Star Indian weightlifter Mirabai Chanu has finally secured an Asian Games medal, winning silver in the women's 49kg event in Nagoya. This achievement marks India's first weightlifting medal at the Asian Games since 1998 and completes Chanu's impressive collection of accolades, including an Olympic silver and World Championship titles.
Virat Kohli, after becoming the second batter to reach 15,000 ODI runs and scoring his 55th ton, stated that personal milestones are not his primary focus.
India added significantly to its Asian Games medal tally with strong performances across athletics, squash, and boxing. Ancy Sojan and Sarvesh Kushare secured silver medals in long jump and high jump respectively, while Parul Chaudhary and Harita Bhadra earned bronzes. Despite high hopes, Indian squash players missed out on Olympic berths, settling for silvers. Boxing saw three athletes advance to semifinals, assuring more medals, though individual badminton campaigns concluded without a medal.
Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.
India won six athletics medals at the Asian Games on Monday, including a javelin silver-bronze double, as Esha Singh and Murali Sreeshankar added more silver.
Opposition MPs have voiced strong concerns regarding the government's decision to levy a 0.4 per cent fee on UPI payments above Rs 2,000 made to merchants, effective October 15. They argue that this "anti-people" move will negatively impact a large segment of the population, despite the finance ministry clarifying that the charge is on the merchant ecosystem and not directly on customers for P2P or small payments.
Sreeti Mukerhi's cliched coming-of-age delivers its moments of sass but never quite defines the age of confusion, sighs Sukanya Verma.
Star Indian weightlifter Mirabai Chanu has secured a silver medal in the women's 49kg event at the Asian Games, ending a 12-year pursuit for the prestigious continental honour. This marks India's first weightlifting medal at the Asian Games since 1998, adding to Chanu's impressive collection which includes an Olympic silver.
The Allahabad High Court has ordered the State Bank of India (SBI) to refund Rs 19.90 lakh debited from a widow's fixed deposit to recover her deceased husband's personal loan. The court deemed the bank's action an "abominable" breach of banking practice and also directed SBI to pay Rs 1 lakh in compensation to the woman.
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.
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.
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.
BSP chief Mayawati has criticised the Centre's decision to introduce a 0.4 per cent fee on UPI merchant transactions exceeding Rs 2,000, effective October 15. She termed it a "capitalist profiteering attitude" that burdens the common people, while the government clarified that the charge is on merchants and not customers for person-to-person transactions.
Indian boxers, including Olympic medallist Lovlina Borgohain and Commonwealth Games champions, face challenging draws at the Asian Games.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
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.
Mirabai Chanu secured a silver medal in the women's 49kg weightlifting category at the Asian Games in Nagoya, ending her 12-year pursuit for this elusive honour. This marks India's first Asian Games weightlifting medal since 1998. Chanu expressed immense relief and joy, calling it a dream fulfilled and her life complete. She also discussed her future plans regarding the 2028 Olympics' 53kg category.
Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.
The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
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.
Wushu player Divyanshi Choudhary has accepted the national federation's decision to drop her from the Asian Games squad due to an ACL tear.
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.
Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.
Avengers: Endgame Encore adds four crucial scenes that connect the old MCU to Avengers: Doomsday, from Loki's shocking return to Doctor Doom's sinister plans for the multiverse.
Police in Dakshina Kannada district have arrested two alleged interstate burglars and recovered stolen property valued at Rs 23.67 lakh. The arrests followed an investigation into a series of theft cases, leading to the apprehension of Hamid and Jabir, both linked to multiple burglaries across the region.
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 marquee series against India starting late October has set the cash registers ringing at New Zealand Cricket headquarters as the parent body confirmed sale of more than 50,000 tickets since going on sale just over two weeks ago.
rediffGURU Nagarajan JSK, a career counsellor with over 30 years of experience, addressed readers' queries and offered practical advice on how to make the right decision.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.
The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.
Bhoomi Shetty is stepping into Mahakali as Maha, a woman destined to embody the fierce power of Goddess Kali. And if her off-screen style is anything to go by, she's more than ready for the role.
Naomi Osaka and other top tennis players are raising concerns about the disruptive presence of social media influencers at the US Open. While acknowledging their potential to promote the sport, players like Osaka and Jessica Pegula highlight instances of disrespect and distraction during matches due to influencers staging photo shoots and creating content, calling for better management of their activities. Daniil Medvedev offers a more balanced view, seeing potential benefits if disruptions are avoided.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
'The FFI jury said Gondhal is the best film in terms of overall quality -- the sound, background music and cinematography.' 'In every aspect, I don't think this film can be compared to other Indian films. This may sound like overconfidence, but we know what we have done.'
