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 directed the Indian Coast Guard (ICG) to consider granting permanent commission to Short Service Appointee (SSA) officer Priyanka Tyagi and other similarly placed women, pending vigilance clearance. This follows earlier strong remarks from the court against the ICG's "vague" and "arbitrary" policy regarding women officers, emphasising gender equality in the armed forces.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
Cardiologist Dr Vivek Mahajan explains the heart attack symptoms women often mistake for acidity, stress, menopause or fatigue, and when to seek help.
The Anti-Corruption Bureau (ACB) has registered two separate First Information Reports (FIRs) against Sheeba Inayat, a Jammu and Kashmir Administrative Service (JKAS) officer. The charges include amassing assets disproportionate to her known income and alleged malpractices in the distribution of Public Distribution System (PDS) foodgrains, leading to a wrongful loss of over Rs 2.61 crore.
Telangana's Anti-Corruption Bureau (ACB) has registered a Disproportionate Assets (DA) case against N Lakshmi Bhasker, an Additional Medical Superintendent at NIMS, Hyderabad. Searches at his properties and associates' places revealed assets worth over Rs 6.13 crore, including apartments, plots, bank deposits, and gold, acquired through alleged corrupt practices. The investigation is ongoing.
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.
Train services in the Gaya-Patna section of Bihar were disrupted for nearly three hours after thieves allegedly cut and stole an overhead electrical wire between Tehta and Jehanabad railway stations. The Railway Protection Force has since recovered the stolen material, and an investigation is underway to apprehend the culprits responsible for the 25,000-volt OHE wire theft.
India's Davis Cup team is set for a high-stakes Qualifier Round 2 clash against South Korea in Seoul, with players like Dhakshineswar Suresh and Sumit Nagal aiming to secure a historic Final 8 berth under the current format.
The BJP has announced a month-long 'Seva Sankalp Abhiyan' campaign, starting on Prime Minister Narendra Modi's birthday, September 17, to commemorate his 25 years in public life. The initiative includes various programmes like 'Seva Diwas', 'Ashirwad Ka Diya', 'Seva Jyoti Kalash Yatra', youth yatras, and innovation challenges, all aimed at public participation and promoting the vision of 'Viksit Bharat 2047'.
Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.
The Indian government has challenged Congress leader Rahul Gandhi's criticism of levying fees on UPI payments above Rs 2,000 to merchants. The government highlighted that a parliamentary standing committee, which included Congress MPs, had previously backed a tiered Merchant Discount Rate (MDR) framework for UPI. This move aims to ensure the financial sustainability of the UPI ecosystem and reduce its dependence on government subsidies, a concern raised by the committee due to the significant funding gap between allocations and operational costs.
India's External Affairs Minister S Jaishankar, addressing the UN General Assembly, strongly criticised Pakistan for its support of terrorism, asserting India's right to self-defence and stating that friendship cannot coexist with terrorism. He also highlighted India's global responsibilities, contributions to the Global South, and its stance on reformed multilateralism and AI.
Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.
President Donald Trump is hosting a lavish state dinner for Chinese President Xi Jinping at the White House. The event, meticulously prepared by First Lady Melania Trump, features a unique blend of American and Chinese culinary traditions, a historic toast, and a star-studded guest list including top tech and business leaders. The evening will also include musical performances and decor reflecting Chinese cultural significance.
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.
Nikhil Rasal from Satara and Adarsh Mitra Mandal of Gharat Aali, Alibag, have used their Ganpati decorations to highlight the work and public service associated with Tukaram Mundhe, commissioner of food and drug administration turning the festival into a platform for social awareness.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
Six villagers in Fatehpur district were arrested after allegedly tying a telecom technician to a mobile tower. The incident occurred following prolonged 5G network outages, with residents demanding resolution to connectivity issues. Police rescued the technician and subsequently arrested six individuals who were later released on bail.
Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.
Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.
The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.
State Bank of India (SBI) anticipates that the newly introduced Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above 2,000, effective October 15, will enable it to recover the costs incurred in processing and facilitating these transactions, potentially even generating a small surplus.
A stranded message that failed for three days over telephone lines was delivered in minutes by a MiG-21 pilot flying above the desert.
Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.
Air India has been issued a show-cause notice by the ministry of civil aviation after three Italian nationals travelled from Amritsar to Delhi and then to Munich without obtaining mandatory departure immigration clearance, highlighting a 'serious security and immigration-related lapse'.
'I don't think the government will sacrifice such a fine institution for monetary gains.'
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
The Supreme Court has modified its interim order, staying the strictures and compensation directive passed by the Allahabad High Court against Noida DM Medha Roopam. The High Court had ordered Roopam to pay Rs 5 lakh from her salary for the detention of student Akriti Chaudhary under the NSA, criticising the DM's conduct. The Supreme Court's interim order specifically stays paragraphs 27 to 33 of the High Court judgment, which contained the strictures and cost award, but does not stay the quashing of Chaudhary's detention.
The Supreme Court has stayed an Allahabad High Court order that directed Gautam Buddh Nagar District Magistrate Medha Roopam to pay Rs 5 lakh compensation from her salary for the detention of student Akriti Chaudhary under the National Security Act (NSA). The High Court had quashed Chaudhary's detention, criticising the DM's conduct and ordering compensation. The Supreme Court issued notice on pleas from Roopam and the Uttar Pradesh government, also staying the High Court's observations against the DM, with further hearing scheduled for October 7.
The Supreme Court has stayed the reinstatement of IAS officer Rinku Dhugga, who was compulsorily retired by the Centre following a controversy involving the Thyagaraj Stadium. The Centre challenged the Delhi High Court's decision to set aside her compulsory retirement, which was initially ordered after allegations of misusing the stadium for dog walking and unauthorised absence.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
A CNN reporter was denied entry to the White House and had her press pass seized on Saturday (local time), as the Trump administration began enforcing President Donald Trump's announced ban on CNN, MS NOW and Politico from the White House premises.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
Prime Minister Narendra Modi's 76th birthday was marked by a flurry of greetings from global leaders, including Italian PM Giorgia Meloni, Israeli PM Benjamin Netanyahu, and Russian President Vladimir Putin, all underscoring strengthening bilateral ties and India's increasing stature on the world stage.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.
Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.
