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.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by value buying in banking stocks and select heavyweight counters, with the Sensex climbing 332.63 points and the Nifty ending above 23,200.
Indian kabaddi star Pawan Sehrawat, known as the 'High Flyer' for his six-foot jumps, shared the origin of his nickname and his journey in the sport. He also expressed pride in being a flag bearer and India's ambition to defend its Asian Games gold medal in kabaddi.
Former Uttarakhand Chief Minister Harish Rawat has announced his resignation from all party posts after the Enforcement Directorate recovered significant cash and luxury items from his personal assistant's residence.
Shivanjay Rajput, a key accused in the Sagar hooch tragedy that killed 16, was arrested after a police encounter in Madhya Pradesh. Rajput, carrying a Rs 30,000 bounty, sustained a gunshot wound to his leg during the face-off. This arrest brings the total number of accused apprehended to 19, with FIRs against 30 individuals.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
Tanya Chaudhary of Uttar Pradesh has set a new women's hammer throw national record at the Indian Athletics Series Final, achieving a distance of 68.35m and surpassing the previous record held by Anushka Yadav. Both athletes are part of the Asian Games team.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by strong buying in IT stocks like HCL Tech, Tech Mahindra, TCS, and Infosys, alongside a significant boost from HDFC Bank.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
Four individuals, including an aide to Samajwadi Party MP Laxmikant, alias Pappu Nishad, have been arrested in connection with the abduction of Vishal Kumar. Kumar had previously filed a complaint against the MP under the Prevention of Atrocity Act. Police rescued Vishal Kumar within 24 hours, thwarting a plan to take him to Ayodhya and kill him.
Almost all of India's Asian Games-bound track and field athletes, including star steeplechaser Avinash Sable and javelin thrower Yashvir Singh, will participate in the Indian Athletics Series Final. This invitational event, featuring a total prize fund of Rs 65 lakh, serves as a crucial tune-up for the upcoming Asian Games in Japan, with most of the 77-member squad competing.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
Tanya Chaudhary broke the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Avinash Sable also made a strong return to the 3000m steeplechase, winning his first race in over a year. The event served as a crucial tune-up for Indian athletes heading to the Asian Games, with several other notable performances including wins by Harita Bhadra, Animesh Kujur, Rohit Yadav, and Tajinderpal Singh Toor.
The Narcotics Control Bureau (NCB) has arrested seven individuals, including two foreign nationals, for their involvement in an interstate cocaine trafficking network operating between Bengaluru and Kerala. The operation, named 'Domino', led to the seizure of 33.1 grams of cocaine worth Rs 16.55 lakh and uncovered links to individuals previously deported from the UAE for drug offences.
A medical representative has been arrested in Thane for allegedly sexually assaulting a minor girl for over a year. The accused reportedly threatened the victim's family and offered money to silence them before being apprehended after a social activist's intervention.
Punjab Police have successfully dismantled three significant drug and illegal arms supply networks in Amritsar, leading to the arrest of eight individuals. The operations resulted in the recovery of over 9.5 kg of heroin, 5.4 kg of opium, and a pistol. Investigations suggest links to foreign-based smugglers using drones for consignments, with further probes underway to uncover the full extent of the trafficking network.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
Tata Motors has launched the Curvv Series X, an updated version of its coupe-SUV, focusing on enhancing value-for-money by adding more features to lower and mid-spec variants and streamlining the lineup, with prices ranging from Rs 9.99 lakh to Rs 18.99 lakh (ex-showroom).
Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.
Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.
Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.
'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 updated Maruti Suzuki Baleno redefines the premium hatchback segment in India with its aggressive new look, advanced Level 2 ADAS features, and a more fuel-efficient Z series petrol engine, catering to the evolving demands of tech-savvy car buyers.
State-run Oil and Natural Gas Corporation (ONGC) has made a significant gas discovery in the deep waters of the Mahanadi Basin off the Odisha coast, recording encouraging flow and sustained reservoir pressure, a breakthrough for India's deepwater exploration programme.
The National Stock Exchange's initial public offering (IPO), expected to raise around Rs 30,000 crore, is likely to open for public subscription on September 18 and list on September 25, potentially becoming India's largest IPO.
'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.'
Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.
The upcoming 2026 Ladakh Marathon will feature a record prize pool of Rs 1 crore, aiming to attract over 10,000 visitors globally. This high-altitude event, scheduled from September 10 to 13, is set to welcome participants from 28 Indian states, six Union Territories, and all six inhabited continents, reinforcing its growing international stature.
A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in a terror-conspiracy case being probed by the National Investigation Agency, amidst ongoing investigations into potential UAPA offences.
Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.
Insurers are bracing for claims worth nearly 5,000 crore from the recent floods in Gujarat, predominantly for property losses, though they do not foresee an increase in premiums within the competitive property insurance market.
'And now since Lakshmi Mittal owns Rajasthan Royals, he will never let Vaibhav Sooryavanshi go anywhere. And if it ever happens, not just me... the entire IPL world of owners are waiting.'
Civil Aviation Minister Kinjarapu Rammohan Naidu stated that no decision has been made regarding allowing Delhi and Mumbai airport operators to own and run airlines, as the government is carefully considering the implications of relaxing cross-ownership restrictions, including potential conflicts of interest and the need for more airlines.
Karnataka Health Minister U T Khader announced the busting of a major interstate counterfeit drug racket, leading to an arrest and an ongoing investigation into the suspected supply of fake medicines to hospitals. The racket involved procuring cheap drugs, refilling them, and relabelling them as premium brands, with seizures worth Rs 5 crore. A Special Investigation Team (SIT) has been formed to probe the widespread network.
The Congress party has strongly refuted claims by Parliamentary Standing Committee on Finance Chairperson Bhartruhari Mahtab that opposition MPs supported levying a Merchant Discount Rate (MDR) on UPI transactions. Congress MP Manish Tewari termed Mahtab's remarks "erroneous and fallacious," clarifying that the committee's recommendation was to "explore" revenue models, not to implement MDR. The party accused Mahtab of misleading due to his recent switch to the BJP.
The Supreme Court has expressed shock over numerous deaths, including unnatural ones, in relief camps for internally displaced persons (IDPs) in Manipur. It directed the state's chief secretary to explain steps taken for investigation, criminal proceedings, and ensuring safety, questioning low compensation and incomplete post-mortems. The court also sought a report from MSLSA and urged expeditious trials in violence-related cases.
Vivo is bringing another 5G smartphone to Indian buyers, with the T5 5G set to go on sale from September 9. It will be sold through Flipkart.
Kerala Police officer Bobby Sabu has broken a 39-year-old triple jump record at the 47th Kerala Police State Athletics Meet with a 15.93-metre effort. This achievement follows his recent gold medal win at the All India Police Duty Meet, marking a significant milestone in his athletic career.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
Delhi Capitals quashed all rumours over senior batter K L Rahul's future with the franchise, with co-owner Parth Jindal confirming his retention for IPL 2027.
