The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
Police in Jamui, Bihar, have arrested two main accused in the molestation of a minor girl, bringing the total arrests to five. The arrests followed an encounter where the accused were injured. The incident, captured in a viral video, has ignited a fierce political debate between the ruling NDA and opposition parties over law and order in the state.
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.
Researchers have developed a new AI model that can monitor satellites and detect anomalies in their behaviour, significantly reducing the risk of in-orbit collisions. This tool, part of the AI4 Space Safety and Sustainability project, learns from satellite light reflections to predict motion and identify unusual activity, crucial for managing the increasingly crowded space environment.
'This is what we train for: That one chance to deliver a blow so lethal that the enemy will constantly think about it when planning any misadventure.'
The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.
The Supreme Court has ordered the Delhi and Gurugram police to explain why the body of missing Delhi realtor Yuvraj Singh Manchanda was cremated without identification and why details were not uploaded to the CCTNS portal. This directive comes after Manchanda's family alleged they were not informed about the recovery of his body, which was found in Gurugram and cremated before they were notified. The court also referenced its earlier directives on prompt FIR registration for missing persons, highlighting concerns about human trafficking and the need for an all-India police grid.
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Police in Ballia, Uttar Pradesh, have arrested three individuals, including a 70-year-old man, Ramcheez Gupta, for the murder of his wife, Manti Gupta (65), and visually impaired daughter, Gauri (22). The bodies were found in Mustafabad village. Investigations revealed Ramcheez allegedly conspired with two others, Chandan Yadav and Dinesh Gupta, due to concerns about his social standing stemming from his wife's mental health issues and daughter's disability.
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.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
Customs officials in Palakkad seized over 51 kg of ganja, valued at Rs 25.88 lakh, from unattended backpacks at Palakkad Junction railway station. The seizure, made on September 17, followed intelligence about narcotic movement via trains. An investigation is underway to identify those responsible for abandoning the drugs.
As younger generations grow up without personal memories of 9/11, the 25th anniversary serves as a powerful reminder of loss, resilience, bravery and America's enduring promise to never forget.
Indian Grandmaster R Praggnanandhaa drew his second game against Fabiano Caruana in the Grand Chess Tour final, missing a chance to level scores after a dominating performance.
American youngster Learner Tien defeated French veteran Gael Monfils in straight sets at the U.S. Open, marking the likely end of Monfils' Grand Slam career. The match, a clash of generations, saw 20-year-old Tien dominate the retiring showman.
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
Bihar Deputy Chief Minister Vijay Kumar Chaudhary stated that the JD(U) will thoroughly study the Uniform Civil Code (UCC) Bill before deciding on its stance, indicating they will not oppose it without valid reasons. This position contrasts with the RJD's strong opposition and highlights the JD(U)'s independent approach within the NDA.
Indian Grandmaster R Praggnanandhaa drew with tournament leader Wesley So in the fifth round of the Sinquefield Cup, maintaining his joint second position with 3 points. This result keeps him on track for a podium finish and a strong chance to qualify for the Grand Chess Tour finale.
India published 929 generative AI patents in 2024 and 2025 alone -- equating to nearly 70 per cent of the 1,350 patents it published over the entire previous decade (2014 to 2023).
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
Ainsley Maitland-Niles scored a spectacular equaliser on his Everton debut in the dying moments of the game, securing a 2-2 draw against Manchester United after Benjamin Sesko had put United ahead late on.
Home favourite Coco Gauff successfully began her U.S. Open title defence, defeating Turkey's Zeynep Sonmez 6-3 6-4 in the first round. Gauff, fresh from her Cincinnati Open victory, displayed strong form, overcoming a brief challenge from Sonmez to secure a comfortable win under the lights of Arthur Ashe Stadium.
'It is not about a place with fewer incidents of violence but a city where women have real agency in planning their daily lives.'
US President Donald Trump on Tuesday said that Washington has launched a fresh wave of strikes against Iranian targets near the Strait of Hormuz. They come after what Trump claimed was in retaliation for Iran attempting to add sea mines to the Strait.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
Spiritual leader Sadhguru Jaggi Vasudev has expressed profound anguish over a devastating flash flood near the Tibet-Nepal border, stating that 77 members of an Isha Foundation Kailash pilgrimage group are unaccounted for after the disaster struck the Gyirong area in Tibet.
GMR Aero Technic (GAT) and StandardAero have signed an agreement to establish an authorised service centre in India for on-wing engine support in the Asia-Pacific (APAC) region. This partnership aims to combine StandardAero's engine aftermarket expertise with GMR Aero Technic's MRO capabilities, offering a comprehensive range of specialised engine maintenance services to minimise aircraft downtime and enhance operational efficiency for airlines and operators in the region.
Indian athletes secured five medals, including two silvers, at the ongoing Asian Games in Nagoya. Long jumper Ancy Sojan and high jumper Sarvesh Kushare each won silver, while decathlete Tejaswin Shankar, 3000m steeplechaser Parul Chaudhary, and 200m runner Harita Bhadra clinched bronze medals, contributing to India's growing tally.
The BJP knows that there is no leader in its ranks who can match Modi's popularity or have his cult following, and what awaits is a return to the Vajpayee numbers, when allies called the shots, argues Saisuresh Sivaswamy.
Alexander Zverev defeated Karen Khachanov in a hard-fought US Open semi-final, winning in three sets. This victory propels him to his sixth major final and second at Flushing Meadows, marking a significant achievement in his career.
Maharashtra recorded the highest sales for passenger and commercial vehicles in the first quarter of fiscal year 2027, while Uttar Pradesh led the two and three-wheeler segments, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
Xi's bilateral meeting with Modi was substantial and readouts from both sides gave indications of rapprochement, if not a reset of bilateral relations between India and China, notes Ambassador T P Sreenivasan.
Jammu and Kashmir Chief Minister Omar Abdullah announced he would meet US Ambassador Sergio Gor to discuss the regional situation but firmly stated he would not raise internal issues with the US representative. Abdullah emphasised that solutions to J&K's problems lie with the central government, not with foreign entities, maintaining his stance against complaining about India to foreign diplomats.
Tiger Woods agreed to a five-year driving licence suspension in an impaired-driving plea deal, with the judge warning that any violation could result in immediate imprisonment.
Congress leader Rahul Gandhi has launched a scathing attack, calling Prime Minister Narendra Modi, Home Minister Amit Shah, and Chief Election Commissioner Gyanesh Kumar 'deshdrohis' (traitors) for allegedly 'destroying' India's voting system and 'stealing elections'.
Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.
