The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Despite repeated demands over the years, the proposal to develop Khudiram Bose's cremation ground in Muzaffarpur into a martyr park has yet to see the light of day due to official apathy.
Go once. You will know, even before you board the flight home, that you will return.
Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.
Indian batter Rohit Sharma lauded former fielding coach T Dilip for his significant contributions, including two T20 World Cup wins and the Champions Trophy, calling him a 'legend' and a 'workhorse' who 'created magic within the group.' Dilip, who served from 2021 until recently, expressed gratitude for his tenure, especially cherishing the popular fielding medal ceremony.
An 18-year-old woman was arrested for allegedly assaulting a ticket checker at Thane railway station after refusing to show her ticket and engaging in a heated argument.
Former Indian cricketer Jacob Martin has been acquitted of all charges by the Patiala House Court in a 22-year-old criminal case involving allegations of forgery and passport act violations, bringing him significant relief after years of stress.
The CBI has arrested a chief electrical distribution engineer with the Central Railway and two private individuals in connection with an alleged bribery case involving Rs 10 lakh.
A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.
Prime Minister Narendra Modi, in his 80th Independence Day address, expressed strong confidence that India will achieve developed nation status by 2047, urging citizens to embrace big dreams and unwavering resolve to realise 'Viksit Bharat'. He highlighted India's economic transformation and significant growth in various sectors, including defence production, electronic manufacturing, and mobile phone production.
Three men from Bihar were arrested at Ranchi railway station with 61 kg of ganja, estimated to be worth Rs 30.5 lakh. The accused admitted to procuring the contraband from Odisha and transporting it to Bihar.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
Prime Minister Narendra Modi flagged off India's first hydrogen-powered train connecting Jind to Sonipat in Haryana, marking a significant milestone in the country's journey towards clean and sustainable railway mobility and showcasing the success of the 'Make in India' initiative.
It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 15, with two more bodies retrieved and two injured workers succumbing to their injuries. Rescue operations involving multiple agencies, including the Army and Indian Railways, are ongoing to find those still trapped under the debris, facing challenging and unstable conditions.
Had it been know that Jinnah suffered from tuberculosis and did not have much time to live, there is a possibility Partition could have been averted.
A Thane court acquitted Raj Thackeray and others in a 2008 case of alleged assault on Railway Recruitment Board examinees, citing lack of evidence and failure to prove Thackeray's presence or incitement.
Soaring above the mighty Chenab River, this record-breaking railway bridge is a sight to behold.
Former Assam and Railways cricketer Subhadeep Ghosh is poised to become Team India's new fielding coach, replacing T Dilip, with the BCCI making significant changes to the team management.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
Former Indian fielding coach T Dilip shared his most cherished memory with the team, highlighting the profound silence in the dressing room after their T20 World Cup 2024 victory.
Delhi Police have significantly ramped up security measures across the national capital ahead of Independence Day. This includes deploying advanced technology like facial recognition systems and the Abhigyan app, installing thousands of CCTV cameras, and putting up posters of 19 wanted terrorists. Multi-layered security is in place, especially around the Red Fort, with a large deployment of personnel and anti-drone systems to prevent any security breaches.
For the first time in Independence Day celebrations, 'Vande Mataram' will be rendered at the Red Fort complex during the 79th anniversary on August 15, followed by the recitation of the National Anthem, marking 150 years of the National Song's legacy.
A railway police constable, Nitin Pandit Dhage, was found dead in an apparent suicide in Maharashtra's Beed district. The incident occurred in Parli Vaijnath, where he was posted, and is currently under investigation.
Poor families, she said, cut corners on their own needs to pay for coaching and fees, and when their child clears JEE, it's the happiest day the family has had in years. So why, she asked, her voice already starting to climb, does the same system that we're told is the best in the country keep pushing those very students toward what she called 'institutional deaths'?
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Kerala Police have dropped attempted murder charges against Kerala Students' Union (KSU) activists accused of assaulting former Health Minister Veena George, citing lack of evidence. The charge sheet, filed after a detailed investigation including CCTV footage review, retains other offences like unlawful assembly and voluntarily causing hurt.
Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
A 17-year-old NEET aspirant in Lucknow allegedly died by suicide, reportedly due to depression following the cancellation of the NEET-UG examination and the pressure of the upcoming re-exam. Her family stated she was hopeful after the initial exam but became distressed after its cancellation.
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
Uttar Pradesh Chief Minister Yogi Adityanath has accused anti-India forces of using social media to spread rumours and mislead society, calling it a 'medium' for conspiracies against the country. He also criticised the alleged historical neglect of Indian revolutionaries in favour of one political family.
There is a minimum requirement of Rs 2.5 trillion capital expenditure every year and it is understood at the highest levels of the government.
Delhi Capitals all-rounder Ashutosh Sharma has been signed by English county Hampshire for the upcoming One-Day Cup. The move was facilitated by the GMR Group, which co-owns both teams. Sharma, known for his explosive batting and record-breaking T20 fifty, will bring his power-hitting skills to the 50-over domestic tournament in England.
Few leaders since Independence have been able to establish such a direct connection with the electorate or shape the national conversation to the extent that Narendra Modi has done over the past decade, points out former Union minister Dr Karan Singh.