News for 'Understand India'

Cong refuses to withdraw Nandigram candidate despite arrest

Cong refuses to withdraw Nandigram candidate despite arrest

Rediff.com4 days ago

AICC general secretary K C Venugopal announced that the Congress would not withdraw its candidate Milan Pradhan from the Nandigram Assembly bypoll in West Bengal, despite his recent arrest. Pradhan was apprehended in connection with a 2007 anti-land acquisition movement case, shortly after the Trinamool Congress extended its support to him. Venugopal alleged political pressure and questioned the Election Commission's silence, vowing to elevate the issue to a national level.

CCI Chairperson Flags AI Risks In Digital Markets

CCI Chairperson Flags AI Risks In Digital Markets

Rediff.com7 Sep 2026

Competition Commission of India (CCI) chairperson Ravneet Kaur has warned that the rapid adoption of artificial intelligence (AI) could intensify anti-competitive practices in digital markets, including self-preferencing, discriminatory pricing, and market manipulation. She highlighted the CCI's ongoing study into AI's impact on competition and stressed the regulator's role in fostering growth while preventing abuse of dominance.

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Rediff.com6 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.

Modi to Xi: Border peace 'essential' for better ties

Modi to Xi: Border peace 'essential' for better ties

Rediff.com13 Sep 2026

Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping that peace and tranquillity along the frontier remains an "essential" basis for the development of India-China relations, even as the two leaders welcomed "steady progress" in bilateral ties during their talks on the sidelines of the BRICS summit.

Government Directs No Charges On Small UPI, RuPay Transactions

Government Directs No Charges On Small UPI, RuPay Transactions

Rediff.com15 Sep 2026

The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.

'On the right track': Savita's bold India hockey claim

'On the right track': Savita's bold India hockey claim

Rediff.com28 Aug 2026

Veteran goalkeeper Savita Punia highlights a significant shift in the Indian women's hockey team's mindset and dressing room atmosphere, attributing their best World Cup finish in over five decades to a newfound belief and openness among players.

Mamata-Congress tie-up in Nandigram: Has Bengal Oppn politics changed?

Mamata-Congress tie-up in Nandigram: Has Bengal Oppn politics changed?

Rediff.com3 days ago

Former West Bengal Chief Minister's faction has announced support for the Congress candidate in the Nandigram assembly bypoll, marking a significant shift in state politics. This move comes amidst an internal party dispute within the Trinamool Congress and is seen as an attempt to consolidate anti-BJP votes and strengthen the INDIA bloc, despite a history of acrimonious rivalry between the two parties.

4 Rivers 6 Ranges Review: A Brave Drama

4 Rivers 6 Ranges Review: A Brave Drama

Rediff.com5 days ago

4 Rivers 6 Ranges finds its strongest moments in the moral conflict between non-violence, survival and the fight for freedom.

Who Derailed Tarique Rahman's India Visit?

Who Derailed Tarique Rahman's India Visit?

Rediff.com25 Aug 2026

Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.

Delhi Court Grants Bail To US National In NIA Drone Warfare Probe

Delhi Court Grants Bail To US National In NIA Drone Warfare Probe

Rediff.com5 days ago

A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in connection with an NIA case involving a drone warfare training camp linked to ethnic armed groups in Myanmar. The bail was granted on a personal bond of Rs 1 lakh, with conditions to remain in Delhi and cooperate with the investigation. The NIA's chargesheet did not invoke UAPA provisions, instead citing the Immigration and Foreigners Act, leading to the default bail.

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com26 Aug 2026

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

BRICS should be non-Western, not anti-Western: Tharoor

BRICS should be non-Western, not anti-Western: Tharoor

Rediff.com11 Sep 2026

Senior Congress leader Shashi Tharoor has articulated India's position on BRICS, advocating for it to be a "non-West, but not anti-West" platform, a stance he believes is crucial for India's national interest. He highlighted the prestige of hosting the BRICS summit, India's responsibility to represent the Global South, and the significance of bilateral meetings, particularly with China and Russia. Tharoor also addressed the strained India-China relations, citing border issues and trade leverage, and discussed the challenges within BRICS, including difficulties in achieving consensus on global issues and trade imbalances, while also considering the need for diversified international relations amidst unpredictable US sanctions.

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Rediff.com6 days ago

Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Rediff.com6 days ago

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.

Why Left Parties Demand Withdrawal Of UPI Charges

Why Left Parties Demand Withdrawal Of UPI Charges

Rediff.com6 days ago

Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.

Sanju Samson's Mindset Is His Invisible Muscle

Sanju Samson's Mindset Is His Invisible Muscle

Rediff.com6 days ago

A cricketer or sportsman must accept that there is no guarantee in sport -- only opportunities, preparation and perseverance, points out K R Nayar.

Criticism Of RBI's Swap Scheme Is Uncalled For

Criticism Of RBI's Swap Scheme Is Uncalled For

Rediff.com7 days ago

It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Rediff.com15 Sep 2026

A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.

India works with Nepal on repatriating flood victims' remains

India works with Nepal on repatriating flood victims' remains

Rediff.com1 Sep 2026

The Indian Embassy in Nepal has released a detailed procedure for identifying and repatriating the mortal remains of foreign nationals, including Indians, who perished in the recent devastating flash floods. The process involves a nine-step protocol by Nepali authorities, DNA matching for unidentified remains, and assistance from the Indian Embassy for coordination and repatriation.

Ajinkya Rahane To Debut As Test Commentator For India-Sri Lanka Series

Ajinkya Rahane To Debut As Test Commentator For India-Sri Lanka Series

Rediff.com12 Aug 2026

Former India batter Ajinkya Rahane is set to begin his Test commentary career with the Sony Sports Network during India's upcoming two-match series in Sri Lanka.

NSUI ticketing under spotlight as rebels shine in DUSU polls

NSUI ticketing under spotlight as rebels shine in DUSU polls

Rediff.com3 days ago

The NSUI's performance in the DUSU elections has highlighted significant internal issues regarding ticket distribution, with rebel candidates outperforming official nominees. This trend, observed across various university elections, points to growing dissent within the Congress's student wing under Kanhaiya Kumar's tenure, despite some recent successes.

COAI And British High Commission Ink Pact For AI, Digital Trust

COAI And British High Commission Ink Pact For AI, Digital Trust

Rediff.com14 Sep 2026

Telecom industry body COAI and the British High Commission signed an MoU to boost cooperation in AI, connectivity, and digital trust, fostering responsible tech innovation. The pact, signed at the CO.AI 2026 event, focused on AI's role in intelligent networks, security, and public services. Discussions highlighted AI's importance in combating fraud, improving network efficiency, and ensuring secure digital services. TRAI Chairman Anil Kumar Lahoti and Acting British High Commissioner Ben Mellor emphasised the need for balanced governance and international collaboration to ensure secure, inclusive, and responsible digital transformation.

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Rediff.com7 days ago

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.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

Debate Rages Over New UPI MDR Charges

Debate Rages Over New UPI MDR Charges

Rediff.com5 days ago

BJD chief Naveen Patnaik has voiced concerns over the Centre's decision to introduce Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 from October 15, urging protection for small traders and common people. This move has sparked a political debate, with the BJP defending the charges as beneficial for digital infrastructure and largely not impacting consumers, while the Congress and traders' associations criticise it as an additional burden.

KL Rahul Says Galle Win Gives India Confidence Against Spin

KL Rahul Says Galle Win Gives India Confidence Against Spin

Rediff.com19 Aug 2026

India's vice-captain KL Rahul expressed his delight at the team's comprehensive 165-run victory over Sri Lanka in the first Test in Galle, stating that the team 'ticked most of the boxes' they had discussed prior to the match and gained significant confidence for future spin-dominated assignments.

How New UPI MDR Will Boost Digital Payments Ecosystem

How New UPI MDR Will Boost Digital Payments Ecosystem

Rediff.com7 days ago

Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.

Chitra Core: India's New Coronary Stent Promises Safer Cardiac Care

Chitra Core: India's New Coronary Stent Promises Safer Cardiac Care

Rediff.com1 Sep 2026

SCTIMST and Invasive Technologies have launched "Chitra Core," a new drug-eluting coronary stent designed with significantly less metal to reduce complications. This indigenous innovation, developed in collaboration, aims to provide advanced and cost-effective cardiac care, building on decades of Indian medical device development. The institute is also developing a unique TiN-coated stent for global markets.

Finance Ministry Rejects US Influence Claims On UPI MDR

Finance Ministry Rejects US Influence Claims On UPI MDR

Rediff.com6 days ago

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.

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

Rediff.com6 days ago

CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.

Thailand Women's Batter Chantham Wants To Master Suryakumar's 'Supla Shot'

Thailand Women's Batter Chantham Wants To Master Suryakumar's 'Supla Shot'

Rediff.com6 days ago

Thailand women's team batter Natthakan Chantham is attempting to incorporate Suryakumar Yadav's unique 'Supla shot' into her T20 game, despite initial difficulties, and also admires India's Shubman Gill for his effortless batting.

Delhi CM Rekha Gupta, Arvind Kejriwal issued SIR notices; CM's vote validated

Delhi CM Rekha Gupta, Arvind Kejriwal issued SIR notices; CM's vote validated

Rediff.com3 days ago

The Delhi poll body has issued notices to several prominent voters, including Chief Minister Rekha Gupta and AAP supremo Arvind Kejriwal, for discrepancies in their enumeration forms during the ongoing Special Intensive Revision (SIR) exercise. While Gupta's entry has been validated, millions of other voters, including other political figures, have received notices for issues like age-related mismatches or being unmapped with previous SIR records, requiring them to submit documents by October 29.

Why Indian Shooters Must Target Individual Glory At Asian Games

Why Indian Shooters Must Target Individual Glory At Asian Games

Rediff.com7 days ago

Olympic silver medallist Vijay Kumar has urged the 30-member Indian shooting contingent for the Asian Games to prioritise individual medals over team events. He also highlighted the need for significant improvements in coaching, advocating for more former international medallists in the system, and stressed the importance of better grassroots talent identification, drawing comparisons with China. Kumar also commented on the void left by coach Jaspal Rana's death and questioned recent selection policies.

Omar Abdullah Backs UPI Charges, Urges Consumer Protection

Omar Abdullah Backs UPI Charges, Urges Consumer Protection

Rediff.com6 days ago

Jammu and Kashmir Chief Minister Omar Abdullah has expressed support for the Centre's decision to levy charges on UPI transactions, citing the cost of maintaining the digital payment infrastructure. However, he emphasised the need to protect retail consumers from these fees. Abdullah also discussed the upcoming seven-day Assembly session, highlighting the government's commitment to smooth functioning and addressing MLAs' concerns, and touched upon efforts to tackle drainage issues affecting water bodies.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com6 days ago

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

Rediff.com6 days ago

A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.

Harmanpreet calls for tunnel vision as India prepare for tougher Women's T20 Asia Cup

Harmanpreet calls for tunnel vision as India prepare for tougher Women's T20 Asia Cup

Rediff.com28 Aug 2026

Harmanpreet Kaur said India will not single out Pakistan or any opponent at the Women's T20 Asia Cup, focusing instead on consistent cricket and handling pressure.

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Rediff.com7 days ago

Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.

After Agarkar, India Needs A Visionary Chief Selector

After Agarkar, India Needs A Visionary Chief Selector

Rediff.com13 Aug 2026

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.