News for 'X-H1'

Congress Accuses Modi Government Of US Appeasement On UPI MDR

Congress Accuses Modi Government Of US Appeasement On UPI MDR

Rediff.com4 days ago

The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.

Is Modi Govt Bowing To US Demands On UPI Charges?

Is Modi Govt Bowing To US Demands On UPI Charges?

Rediff.com4 days ago

The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.

Why Opposition Calls New UPI MDR A Surrender To US Pressure

Why Opposition Calls New UPI MDR A Surrender To US Pressure

Rediff.com4 days ago

Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.

Why Opposition Calls UPI MDR A Betrayal And US Appeasement

Why Opposition Calls UPI MDR A Betrayal And US Appeasement

Rediff.com4 days ago

The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.

Congress Slams Government Over New UPI Charges, Cites US Pressure

Congress Slams Government Over New UPI Charges, Cites US Pressure

Rediff.com4 days ago

The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".

Looking for a new camera? Read this first

Looking for a new camera? Read this first

Rediff.com15 May 2018

Here are a few cameras that will help you bring home the memories With holidays around the corner, travelling to exotic places is on our minds, says Abhik Sen

Meet The Wildlife Photographer of the Year Winners

Meet The Wildlife Photographer of the Year Winners

Rediff.com10 Feb 2022

The results for the People's Choice Award for the Wildlife Photographer Of The Year are in.

10 Year Old Indian Wins Top Photo Contest

10 Year Old Indian Wins Top Photo Contest

Rediff.com20 Oct 2021

The Natural History Museum's annual competition and exhibition, Wildlife Photographer of the Year has been the longest-running and most prestigious nature and wildlife photography competition that has been recognising the world's best nature photography every year since 1965.