News for 'THE PROPOSAL'

Why Petrol Dealers Oppose UPI Fee

Why Petrol Dealers Oppose UPI Fee

Rediff.com4 days ago

Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.

Indian Student's Radar-Evading Drone Wins Rs 3.5 Crore Defence Grant

Indian Student's Radar-Evading Drone Wins Rs 3.5 Crore Defence Grant

Rediff.com1 hour ago

A college student from Hamirpur has received a Rs 3.5-crore grant from the Ministry of Defence for developing an advanced drone capable of evading enemy radar and resisting jamming, aimed at enhancing border surveillance for the Indian Army.

ICC sanctions India pacer Kranti Gaud for Code of Conduct breach

ICC sanctions India pacer Kranti Gaud for Code of Conduct breach

Rediff.com14 Sep 2026

India women's team seamer Kranti Gaud has been fined 10 per cent of her match fee and received one demerit point by the ICC for breaching the Code of Conduct during the T20 Asia Cup final against Sri Lanka. Gaud was penalised for an aggressive gesture after dismissing a batter. Separately, the Pakistan women's team was fined for a slow overrate in their semifinal match.

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Rediff.com4 days ago

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.

Is JD-U About To Become Janata Dal Nitish?

Is JD-U About To Become Janata Dal Nitish?

Rediff.com12 Sep 2026

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.

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com4 days ago

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Rediff.com5 days ago

Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

Rediff.com3 days ago

The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.

US proposes steep hike in citizenship application fees

US proposes steep hike in citizenship application fees

Rediff.com24 Jun 2026

The US Department of Homeland Security has proposed a nearly 75 per cent increase in the filing fee for Form N-400, the application for US citizenship through naturalisation, raising it from $760 to $1,330. The proposal also seeks to eliminate reduced-fee options and fee waivers, potentially impacting thousands of immigrants, including Indians.

'Concerned about children': SC pushes warning labels on packaged foods

'Concerned about children': SC pushes warning labels on packaged foods

Rediff.com11 Sep 2026

The Supreme Court has expressed serious concern over public health, especially children's, due to packaged foods high in salt, sugar, and fat, urging stakeholders to implement front-of-pack warning labels. The court criticised the FSSAI for delays and proposed a red-coloured hexagonal warning label for products high in two or more specified nutrients, to be implemented in phases.

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

Rediff.com7 days ago

The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.

'Keep Sports Free From Politics': Pakistan hockey team won't travel to India; wants ACT shifted to neutral venue

'Keep Sports Free From Politics': Pakistan hockey team won't travel to India; wants ACT shifted to neutral venue

Rediff.com6 days ago

Refusing to travel to India citing "sensitive bilateral situation", Pakistan on Wednesday asked the Asian Hockey Federation to shift its Asian Champions Trophy matches to a neutral venue.

How UPI MDR Charges Could Push Consumers Back To Cash

How UPI MDR Charges Could Push Consumers Back To Cash

Rediff.com6 days ago

A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.

Sharjeel Imam granted interim bail for 7 days to attend relatives' weddings

Sharjeel Imam granted interim bail for 7 days to attend relatives' weddings

Rediff.com59 minutes ago

A Delhi court has granted student activist Sharjeel Imam seven days' interim bail to attend the weddings of his two cousins in Delhi and Bihar. The court cited it as his second such plea for family events, despite opposition from Delhi Police regarding the seriousness of charges under UAPA related to the 2020 Delhi riots. Imam is subject to strict conditions during his temporary release.

Nitish-Nishant share stage amid cheers: Is JD-U signalling succession?

Nitish-Nishant share stage amid cheers: Is JD-U signalling succession?

Rediff.com3 days ago

JD(U) president Nitish Kumar and his son Nishant Kumar made a joint appearance at a party orientation programme, sparking speculation about Nishant's political future and potential leadership roles within the party. The event, aimed at training parliamentarians and legislators, also saw Nishant urging attendees to uphold his father's principles of "zero tolerance for crime, corruption and communalism."

Now, Google to share child abuse case details with govt

Now, Google to share child abuse case details with govt

Rediff.com4 hours ago

Search engine major Google will also start sharing details of child sexual abuse cases and repeat offenders with the cybercrime division of the Indian Cybercrime Coordination Centre (I4C) of the Ministry of Home Affairs.

Why Ajit Doval Visited Dhaka On Thursday

Why Ajit Doval Visited Dhaka On Thursday

Rediff.com3 days ago

India's national security adviser was in Dhaka for roughly three-quarters of the day on Thursday to prepare the ground for Bangladesh Prime Minister Tarique Rahman's visit to New Delhi.

FIFA President Infantino To Attend U-20 Women's World Cup Opener In Katowice

FIFA President Infantino To Attend U-20 Women's World Cup Opener In Katowice

Rediff.com5 Sep 2026

FIFA President Gianni Infantino is set to attend the opening match of the Under-20 Women's World Cup in Katowice, marking his first public appearance at a FIFA-organised tournament since his controversial $20 billion proposal to sell a stake in the World Cup was abandoned in July due to widespread backlash.

1 Indian seafarer missing, 13 rescued as tanker hit near Oman; MEA condemns attack

1 Indian seafarer missing, 13 rescued as tanker hit near Oman; MEA condemns attack

Rediff.com13 Sep 2026

India has condemned an attack on a Panama-flagged oil tanker off the coast of Oman, which resulted in one Indian seafarer going missing and 13 others being rescued. The Ministry of External Affairs is closely monitoring the situation and coordinating with Omani authorities for search and rescue operations, while also reiterating calls for de-escalation and safe navigation in the region.

Xi by his side, Modi warns against 'weaponisation of tech'

Xi by his side, Modi warns against 'weaponisation of tech'

Rediff.com14 Sep 2026

Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.

HC refuses to stop Jarange's Maratha quota march to Mumbai

HC refuses to stop Jarange's Maratha quota march to Mumbai

Rediff.com11 Sep 2026

The Bombay High Court has declined to issue a prohibitory order against Maratha quota activist Manoj Jarange's proposed protest march to Mumbai, stating that the Maharashtra government is fully capable of managing any potential law and order situation. The court emphasised the right to protest in a democratic country and directed the government to ensure Jarange receives medical assistance if needed.

Historic India T20I match can transform cricket in Japan, says JCA chief Curr

Historic India T20I match can transform cricket in Japan, says JCA chief Curr

Rediff.com1 days ago

The Japan Cricket Association (JCA) is set to host its first-ever T20I against reigning world champions India, a landmark event expected to significantly elevate cricket's profile and drive its long-term growth in Japan, according to JCA COO Alan Curr.

Capybara Tooth Discovery Challenges Long-Held Beliefs About Atacama Desert's Past

Capybara Tooth Discovery Challenges Long-Held Beliefs About Atacama Desert's Past

Rediff.com4 days ago

Scientists are stunned by the discovery of a nine-million-year-old capybara tooth fossil in Chile's Atacama Desert, a region currently devoid of capybaras. This finding not only marks the oldest record of the semi-aquatic rodent in coastal Chile but also significantly challenges the long-standing scientific view that the Atacama Desert has been continuously dry for 40 million years, suggesting a much wetter past.

Enemies Beware! India Widens Missile Testing Infrastructure

Enemies Beware! India Widens Missile Testing Infrastructure

Rediff.com14 Sep 2026

Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.

Jindal Supreme IPO Subscribed 181 Times Signalling Strong Investor Confidence

Jindal Supreme IPO Subscribed 181 Times Signalling Strong Investor Confidence

Rediff.com3 days ago

Jindal Supreme (India) Ltd's initial public offering, a manufacturer of plastic piping solutions, was subscribed an astounding 181.07 times on its final day, reflecting robust investor demand across all categories.

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

BRICS Summit Pushes For Safe And Inclusive AI Development

BRICS Summit Pushes For Safe And Inclusive AI Development

Rediff.com12 Sep 2026

BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.

Why Tata Trusts Can't Oppose Chandra's Third Term

Why Tata Trusts Can't Oppose Chandra's Third Term

Rediff.com4 days ago

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.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

UK Unveils Specialist Courts To Speed Up Rape Convictions

UK Unveils Specialist Courts To Speed Up Rape Convictions

Rediff.com1 days ago

The British government has announced the rollout of specialist courts for rape and serious sex offences across England and Wales. Backed by significant funding, these courts aim to accelerate conviction rates, prioritise cases, and provide better support for victims, addressing the current low prosecution rates and long delays in the justice system.

Bill in US Senate proposes 100% tariffs on India, China for Russian oil

Bill in US Senate proposes 100% tariffs on India, China for Russian oil

Rediff.com17 Jul 2026

The bill, introduced on Thursday, was conceived by Democrat Senator Richard Blumenthal and late Republican Senator Lindsey Graham and has the support of over 60 lawmakers.

Vijay Kumar Demands Transparency In NRAI Coaching Appointments

Vijay Kumar Demands Transparency In NRAI Coaching Appointments

Rediff.com5 days ago

Olympic silver medallist Vijay Kumar has called for an independent review of the National Rifle Association of India's (NRAI) coaching appointments, citing concerns about transparency, eligibility criteria, and potential conflicts of interest. The NRAI, however, asserts that appointments are merit-based and views Kumar's concerns as 'sour grapes' after his own non-selection.

Longer life for clean-fuel vehicles may improve ownership costs

Longer life for clean-fuel vehicles may improve ownership costs

Rediff.com4 Sep 2026

The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.

IIT suicide toll crosses 170 in 20 years, 70% deaths in last decade

IIT suicide toll crosses 170 in 20 years, 70% deaths in last decade

Rediff.com4 hours ago

As many as 171 students of the Indian Institutes of Technology (IITs) died by suicide or unnatural death over the last two decades, with around 70 percent of the deaths recorded in the last 10 years, according to an IIT alumni group.

India Inc's foreign funding intent surges to $7.7 billion in July

India Inc's foreign funding intent surges to $7.7 billion in July

Rediff.com8 Sep 2026

Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.

India Pioneers 100% Hydrogen DRI Plant For Green Steel

India Pioneers 100% Hydrogen DRI Plant For Green Steel

Rediff.com13 Sep 2026

India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

Rediff.com3 days ago

Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com6 days ago

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com4 days ago

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

Sebi Chief: Initial Liquidity Issues with CAS Seen Across Global Markets

Sebi Chief: Initial Liquidity Issues with CAS Seen Across Global Markets

Rediff.com11 Sep 2026

Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.