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.
Lust Stories 3 continues its tradition of offering attractively-wrapped pieces of provocation in a box. Only this time, it doesn't dwell too deep into the emotions of sex and enjoys it for what it is, discovers Sukanya Verma.
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.
From four nations to a powerful 11-member bloc, here's how BRICS reshaped the global order in 27 years.
India's Consumer Affairs Secretary Nidhi Khare announced that cab aggregators have been ordered to cease advance tipping options, deeming the practice misleading and unfair. This follows the Central Consumer Protection Authority (CCPA) imposing a Rs 10 lakh penalty on Rapido for unfair business practices, including advance tipping and "dark patterns" that pressure users to pay more. Investigations into Uber and Ola are ongoing, with the government emphasizing that tipping should be voluntary and post-ride.
The retro hair, the vintage clothing, that's not the real charm of these images. It's the ability to look at a screen and create the one thing modern technology has never been able to give us: the tactile, imperfect feeling of memory, points out Kaleem Ullah Fasihi.
'For Indian institutions this year, global peers are outpacing in key areas such as RoI, entrepreneurship, and alumni outcomes.'
Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.
The only previous tie had occurred at Brisbane back in December 1960 between Australia and the West Indies. In the 40 years since the Madras Test, there have been 1,583 Test matches. But there has never again been a tie.
This week's OTT releases offer a diverse selection, from Suriya's family drama Vishwanath & Sons and Nikkhil Advani's historical series The Revolutionaries to thrillers like Ghamasaan and international mysteries.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
Sanjukta Parashar, an IPS officer with a formidable background in counter-insurgency, has made history by becoming the first woman inspector general of the CRPF's elite CoBRA force.
'We feel strongly about so much injustice that is out there in the world. For us, it is very important that we take away this word called 'victim' and make something out of it. I want to celebrate survivors, always.'
rediffGURU Anu Krishna advises a distressed daughter-in-law as to how she can deal with an interfering mother-in-law while protecting her own peace and marriage.
Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.
The '80s weren't exactly known for subtlety, and these AI makeovers prove it. The sky-high hair, dramatic shoulder pads, oversized hoops, acid-wash denim, bold colours and makeup definitely didn't believe in going easy.
Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.
Its unresolved, noncommittal conclusion is exactly the sort of anticlimactic reality Daayra wants to bring our attention to. Neither justice nor revenge can undo the fate met by the world's Nirbhayas or Arushis, observes Sukanya Verma.
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.
The 80s never did subtle, and these AI makeovers prove it with the huge hair, shoulder pads, oversized hoops, acid-wash denim and makeup with zero chill.
The Union Cabinet has approved a significant increase in the mandatory EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month, a move expected to bring over 51 lakh additional employees under mandatory social security coverage.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.
PAYD suits infrequent drivers who can estimate annual mileage.
Samantha shares pictures from her baby shower ceremony at the Isha Foundation.
Mumbai is abuzz with Ganesh Chaturthi celebrations as Ganesha idols arrive in homes and pandals across the city. The 11-day festival, marked by devotional chants, elaborate pujas, and vibrant decorations, culminates in grand immersions on Anant Chaturdashi. The city is adorned with lights, and markets are bustling, while authorities have deployed extensive security measures to ensure safe festivities, despite recent idol collapse incidents.
Scenes from the aftermath of the five-storey building collapse in Satya Niketan, near Delhi University's South Campus.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
The death toll from the devastating flash floods in Nepal has climbed to 1,355, according to the latest figures released by Nepal's National Disaster Risk Reduction and Management Authority.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
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.
N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.
4 Rivers 6 Ranges finds its strongest moments in the moral conflict between non-violence, survival and the fight for freedom.
'...Aditya's intensity.' 'The film is very gritty and character-driven, and I wanted Aditya to feel like a real person rather than just a heroic cop.'
The trophy is supposed to be the full stop to a tournament, not another comma in an India-Pakistan controversy, points out K R Nayar.
From Pink and Thappad to Aadukalam and Game Over, these 10 films showcase Taapsee Pannu at her most powerful and versatile.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
JD-U leaders have backed a proposal to rename the party Janata Dal Nitish, putting Nitish Kumar's political legacy at the centre of the party's identity.
