The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
Two MDMK MLAs, T M Rajendran and R Senthil Selvan, have refused to resign from their Assembly seats despite demands from MDMK General Secretary Vaiko. They assert their status as DMK legislators, having won on the DMK's 'Rising Sun' symbol, and have pledged loyalty to DMK leadership, including M K Stalin and Udhayanidhi Stalin.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
Ladakh has inaugurated its first international-level artificial ice hockey rink, a state-of-the-art facility costing Rs 42 crore. Equipped with a 24x7 chilling system, it allows year-round training, overcoming the previous limitation of a short natural ice season. This development is expected to boost winter sports, nurture local talent, and promote sports tourism in the region.
India skipper Shubman Gill has shed light on the team's meticulous approach to player fitness, explaining that while constant monitoring is in place, risk-avoiding decisions are sometimes necessary, especially in the demanding format of Test cricket, to protect both the player and the team's long-term interests.
The death of former West Bengal assembly deputy speaker and veteran Trinamool Congress leader Ashis Banerjee on Sunday triggered a political blame game, with the rival factions within the party and the Bharatiya Janata Party trading allegations over the circumstances surrounding the 74-year-old leader's death.
The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.
The Jawaharlal Nehru University Students' Union (JNUSU) proceeded with a discussion on former student Umar Khalid's book, "Fractured Communities: Adivasi Histories and the Politics of Power," despite the university cancelling the original venue booking. The event, planned to observe Indigenous Peoples' Day, was held outside an academic building after the JNUSU condemned the university's "arbitrary" decision.
'Where is the official record? Media bytes are not parliamentary records. What matters is what is recorded on the floor of Parliament. I am not denying that we had a heated exchange.'
Instant messaging app WhatsApp temporarily put multiple accounts, including those in India, "under review" for 24 hours, blocking all app features. This disruption prompted numerous affected users to voice their concerns on social media, while a WhatsApp spokesperson acknowledged the issue, stating they are working to resolve it quickly.
Virat Kohli, who debuted 18 years ago, has amassed over 28,000 international runs and 85 centuries, establishing himself as one of cricket's all-time greats with numerous unmatched records across all formats.
Riya tells Divya Nair how a brief separation from her husband gave her clarity and encouraged her to make peace with her mother-in-law.
England batter Ollie Pope, recalled to the Test squad for the Pakistan series after a challenging Ashes tour, describes the call-up as feeling like a 'debut' and is determined to prove himself, particularly with an eye on the next home Ashes series.
Yash's Toxic continues a fascinating trend in Indian cinema where a single star portrays both father and son, often leading to intense on-screen conflicts.
Chief Justice of India Surya Kant sharply criticised the Bar Council of India (BCI) for its 'uncalled for' interference in a protest by NALSAR University of Law students, asserting that students have a right to protest and that the matter was a 'dialogue between students and me'. The BCI had initially ordered that 2026 NALSAR graduates not be enrolled as advocates, an order it later reversed.
Australia's head coach Andrew McDonald discusses how the Indian Premier League (IPL) can be integrated into the national team's demanding international schedule, emphasising the need for workload management, especially for fast bowlers. He highlights the IPL's benefits for player development while acknowledging the challenges of a packed calendar including major Test series and ICC events.
To select the best from the abundance of talent in India is no easy task. Talent can win matches, but it is the right selection that will herald a golden era, points out K R Nayar.
The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.
Athletics Federation of India's selection committee chairman Adille Sumariwalla has dismissed concerns over Neeraj Chopra's recent silver medal, stating that the "country's greatest athlete" should not be scrutinised for an occasional silver after consistently delivering gold for a decade.
India's Monsoon Session of Parliament concluded with significantly low productivity, marked by frequent disruptions and protests from the Opposition, primarily the Congress, leading to minimal debate on key legislation.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
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.
Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.
Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.
Top-order batter B Sai Sudharsan has been ruled out of the upcoming two-Test series against Sri Lanka due to a big toe injury. The injury, sustained during the India A tour last month, requires further healing time, leading to his withdrawal from the squad.
Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.
TMC MP Mahua Moitra has written to Lok Sabha Speaker Om Birla, seeking his intervention after she was allegedly forced to vacate a circuit house in Nadia district, claiming harassment and threatening legal action. She reported a crowd shouting 'Jai Shree Ram' slogans outside the premises after her refusal to leave.
An anti-terrorism court in Pakistan's Punjab province has sentenced Al-Qaeda operative Sadiq Akbar to 31 years in jail for plotting a terror attack. Akbar was arrested in Sahiwal with explosive materials and IED components, having travelled from Khyber Pakhtunkhwa to carry out the attack on his group's orders.
'Raghav and I complement each other. He talks to me a lot about form and how he approaches his characters. Our paths are different, but we both are very much aligned emotionally.'
A new study projects that by the end of the century, hot days could experience an additional four hours of extreme heat, with low and middle-income countries being disproportionately affected. The research highlights that traditional daily temperature metrics often overlook shorter, intense periods of heat, and hourly assessments are crucial for effective heat risk management and public health planning in a warming climate.
The Supreme Court on Monday agreed to hear a plea against the Punjab and Haryana high court order acquitting Dera Sacha Sauda chief Gurmeet Ram Rahim Singh in the 2002 murder case of a journalist.
After making history as the first Indian male judoka to win a Commonwealth Games gold, Harsh Singh is now focused on securing a medal at the upcoming Asian Games.
FIFA has vehemently denied a report claiming President Gianni Infantino sought assistance from the U.S. President Donald Trump's administration following the collapse of a multi-billion dollar plan to sell a stake in World Cup commercial rights, calling the allegations 'pure fiction'.
Nyck de Vries discusses Mahindra Racing's impressive turnaround in the Formula E season, as they head into the London finale aiming for a historic top-three team championship finish. Despite a challenging start, de Vries' victories and the team's collective effort have positioned them for their best result since 2016-17, with de Vries also reflecting on his F1 experience.
The Jharkhand government is holding fresh talks with students protesting alleged recruitment exam irregularities, including a hunger striker whose health has deteriorated. Despite multiple rounds of discussions, protesters vow to continue their agitation and plan a march to the Assembly if demands are not met.
From identifying an entry and invalidation level to deciding position size and exit conditions, traders can map out much of the decision-making process before placing an order. Here is how that works in practice.
VVS Laxman, head of the BCCI's Centre of Excellence, has defended the CoE against criticism regarding slow player recovery, stating that cricketers are not 'machines' and rehabilitation timelines can vary.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
FIFA President Gianni Infantino reportedly sought support from the Trump administration following the collapse of his plan to sell a stake in World Cup commercial rights, facing mounting criticism and feeling 'isolated' by negative media coverage.
India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
