The article details instances where the Narendra Modi government has yielded to public and political pressure since 2014, leading to policy reversals and ministerial resignations. It highlights the recent resignation of Education Minister Dharmendra Pradhan over the NEET paper leak, alongside past events like the withdrawal of land acquisition amendments, M.J. Akbar's resignation, the repeal of farm laws, and other policy retreats.
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.
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.
Union Mines Minister G Kishan Reddy announced that the Indian government is intensifying its support for private mining entrepreneurs seeking critical mineral opportunities abroad, working with the Ministry of External Affairs and appointing mineral officers in embassies to facilitate these efforts.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
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.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
Prime Minister Narendra Modi's 76th birthday was marked by a flurry of greetings from global leaders, including Italian PM Giorgia Meloni, Israeli PM Benjamin Netanyahu, and Russian President Vladimir Putin, all underscoring strengthening bilateral ties and India's increasing stature on the world stage.
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."
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
Maratha quota activist Manoj Jarange has accused the Maharashtra government of conspiring to kill him and suppress his agitation, following Mumbai police's denial of permission for his indefinite hunger strike from September 19. Jarange stated he would proceed with the march to Mumbai despite the ban.
'Listing leads to greater transparency and shareholder oversight.'
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
'Eastern Ladakh set the relationship back by about 10 steps. So far, especially since Galwan, we may have taken just 4 steps forward.'
In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
'An instruction came from somebody in Delhi saying, "don't go with the launch".'
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
The United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.
West Bengal Minister Dilip Ghosh asserted that eating non-vegetarian food during Durga Puja is not controversial, countering Bageshwar Dham head priest Dhirendra Shastri's call for vegetarianism. Ghosh highlighted Bengal's traditions, including goat sacrifice as prasad, and criticised attempts to dictate food choices or government involvement in community pujas. He also touched upon a controversy regarding an 11-handed Durga idol.
BJP MLC Parinay Fuke claimed NCP (SP) MLA Rohit Pawar was considering joining the Congress, citing deteriorating relations with Supriya Sule. In response, Pawar accused Fuke of shielding alleged corruption, particularly concerning illegal sand businesses, paddy procurement issues, and irregularities in an employment guarantee scheme, challenging him to address farmers' concerns instead of making baseless claims.
Tamil Nadu Chief Minister C Joseph Vijay is set to chair a crucial TVK alliance coordination meeting in Chennai. The meeting aims to formalise the ruling coalition's structure, common minimum programme, and joint steering committee. However, the absence of key Left allies and a public rift between TVK and Congress over national leadership aspirations threaten to destabilise the alliance, highlighting a significant test for CM Vijay's political management.
Putin has issued a stark warning to European nations, declaring that any deployment of troops to Ukraine would be met with 'war with Russia'.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
Rahul Kranti, a 40-year-old protester, is on a hunger strike in Jharkhand, demanding the cancellation of all state-level recruitment exams conducted by JPSC and JSSC since 2019 and a CBI and ED probe into alleged irregularities. He claims to have cleared several exams but remains jobless due to corruption.
The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.
'The Chinese military cannot advance much in Ladakh, even if they want to.' 'Similarly, in Arunachal Pradesh, they can rename a village or two, intrude here or there, but cannot do much more realistically.'
Nepal's Hindu groups have sought an all-party discussion on restoring Hindu-nation status within three months.
The Cockroach Janta Party (CJP) has reiterated its demand for Union Education Minister Dharmendra Pradhan's resignation, stating that Prime Minister Narendra Modi's announcement on fast-track courts for paper leak cases does not address accountability.
DMK president M K Stalin has responded to Tamil Nadu Chief Minister C Joseph Vijay's remarks regarding MISA, recalling his severe physical abuse in prison during the Emergency. Stalin dismissed Vijay's corruption allegations as 'politically motivated lies' and clarified his arrest and harsh conditions under MISA in 1976, including the death of a colleague.
The first phase of the Delhi University Students' Union (DUSU) polls recorded a 36% voter turnout, with a keen contest between ABVP, NSUI, and the AISA-SFI alliance. Student concerns like accountability, affordable accommodation, and accessible administration were prominent, influenced by past protests. The election also saw allegations between student groups and extensive security arrangements.
The trophy is supposed to be the full stop to a tournament, not another comma in an India-Pakistan controversy, points out K R Nayar.
What remained at Shivaji Park was not Gen Z anger but of momentum -- a generation that had, in its own telling, made an emperor bow, and intends to keep singing and meme-ing about it.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
'Modi had his own cricket team in his school days. He was a good cricketer.'
'These are children of our own country; they must be heard': Param Vir Chakra Awardee Honorary Captain Yogendra Singh Yadav.
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
