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.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
The Lok Sabha secretariat has requested a response from Leader of Opposition Rahul Gandhi regarding two privilege complaints filed by BJP MPs Anurag Thakur and Sanjay Jaiswal. The complaints stem from Gandhi's remarks against Home Minister Amit Shah during a debate on the anti-paper leak bill, which the BJP MPs deemed "unparliamentary" and a breach of privilege. Gandhi has until August 28 to submit his explanation to the Privileges Committee.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
India's Mayank Chakraborty and Pratitee Bordoloi secured gold medals in the Open and Girls categories, respectively, at the Asian Junior Classical Chess Championship, leading the host nation to a memorable double victory and a total of four medals.
The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.
A joint parliamentary committee tasked with examining the 'One Nation One Election' bill has been granted an extension until the end of the Winter session to submit its report. The 41-member committee is reviewing the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and is conducting nationwide consultations on implementing simultaneous elections for Lok Sabha, state assemblies, and local bodies by 2029.
India's top men's doubles pair, Satwiksairaj Rankireddy and Chirag Shetty, fought hard to defeat Denmark's Kim Astrup and Anders Skaarup Rasmussen, securing their spot in the China Masters Super 750 semifinals. This victory continues their strong performance following recent successes. Meanwhile, veteran Indian shuttler Kidambi Srikanth's journey in the men's singles quarter-finals concluded after a straight-games loss to Hong Kong's Lee Cheuk Yiu.
The DMK has been charting an independent course from the Congress-led Opposition bloc on contentious issues during the Monsoon Session, including not joining a walkout over the anti-paper leak bill and participating in a debate on the National Honour Bill, signalling growing fault lines within the Opposition.
President Donald Trump has advocated for stricter electoral laws in the US, praising India's election system and its requirement for photo identification. He highlighted Chief Election Commissioner Gyanesh Kumar's questioning of the lack of voter ID in American polls and used India's high voter turnout with minimal postal ballots as an example. Trump is pushing for the SAVE America Act, which would mandate proof of citizenship and nationwide voter ID, though the bill faces division in Congress.
Home Minister Amit Shah has offered to hold a comprehensive debate in Parliament on student protests and other pressing issues, but Congress leader Rahul Gandhi has swiftly rejected the proposal, demanding accountability for actions against students.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
A US Congress-constituted advisory body on religious freedom, the USCIRF, has urged the Trump administration to revoke the visa issued to RSS chief Mohan Bhagwat, citing concerns over alleged violent attacks against religious minorities by RSS subgroups.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.
The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.
Prime Minister Narendra Modi held a breakfast meeting with 37 BJP MPs, including recent AAP defectors, where he emphasised the importance of smooth parliamentary proceedings. He also advised MPs on taking their roles seriously, utilising the Parliament library, engaging with youth, and effectively implementing MPLADS.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
Uttar Pradesh assembly Speaker Satish Mahana has found himself at the centre of a controversy after he was seen walking away while the national anthem was played at an event in Unnao, drawing flak from the opposition. Mahana, however, claimed that the anthem was not played where he was given the guard of honour.
Rajya Sabha Chairman C P Radhakrishnan expressed "deep concern" over the persistent disorder and frequent disruptions that "derailed" the business of the House during the Monsoon Session, leading to a productivity of only 39 per cent.
The Congress and BJP are engaged in a political spat over the implementation of the Women's Reservation Bill and its proposed link to delimitation, with Rahul Gandhi urging unconditional implementation of the 2023 law and Kiren Rijiju highlighting the constitutional requirement for delimitation based on post-2026 census figures.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.
A veteran White House reporter has revealed that the Clinton administration used a decoy aircraft during President Bill Clinton's high-risk visit to Pakistan in 2000, a security measure disclosed to journalists off-the-record due to the significant dangers involved.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
A new book, "The River That Remembers: Microbial Intelligence of Nature" by Padma Shri awardee Ajai Kumar Sonkar, claims that the Triveni Sangam at Prayagraj is a unique viral-bacterial laboratory. It suggests that the sacred dips taken by devotees lead to an intense microbial exchange, accelerating phage evolution, especially during events like Kumbh Mela, as diverse human microbiota interact with the river's existing microbiome.
The BJP accused Congress leader Sonia Gandhi of objecting to the full version of Vande Mataram at an Independence Day event, sparking a political row. The Congress denied the charge, stating Gandhi was only seeking a chair for party chief Mallikarjun Kharge and clarified the historical context of the song's usage.
An RTI reply has revealed that over Rs 262 crore was spent on salaries, allowances, and facilities for Rajya Sabha MPs in the financial years 2024-25 and 2025-26. This includes more than Rs 151 crore specifically for allowances and travel, with a significant increase in expenditure from the first to the second year.
Tamil Nadu Chief Minister M K Stalin celebrated the defeat of the Constitution Amendment Bill in the Lok Sabha, emphasising the unity of the south and the triumph of democracy. The bill aimed to implement reservation for women in legislatures in 2029 and increase Lok Sabha seats. Stalin criticised the bill as weakening the balance of the union and asserted Tamil Nadu's commitment to justice, dignity, and federalism.
A consumer redressal commission in Pathanamthitta, Keralam, has ordered King's Biriyani Cafe to pay Rs 96,500 to a woman who suffered a Salmonella infection after consuming food from the eatery. The woman experienced severe illness and hospitalisation, leading to the commission's ruling against the cafe's proprietor and manager.
Actor and BJP MP Kangana Ranaut has criticised Congress MP Rahul Gandhi's "smash the patriarchy" remark and his defence of actor Kriti Sanon's outfit in a Raksha Bandhan advertisement, sparking a wider debate on women's choices and cultural attire.
Tennis icon Roger Federer made an emotional return to Arthur Ashe Stadium for an exhibition event, marking his first appearance since 2019. The 20-time Grand Slam champion, who retired without a formal farewell in New York, delighted fans in singles and doubles matches alongside fellow legends.
India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.
Prime Minister Narendra Modi has called upon citizens to celebrate Independence Day with honour and pride, urging them to take a pledge for a developed India. This appeal comes amidst parliamentary sessions marked by protests from both ruling and opposition alliances.
Prime Minister Narendra Modi announced a new bill to introduce strict laws against paper leaks, following public demand and student protests. The announcement was made via an Instagram video that also set a new world record for views.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
Prime Minister Narendra Modi announced that a new bill with stringent provisions against paper leaks will be introduced in Parliament next week. The Union Cabinet will finalise the legislation, which aims to address the pain caused to students by such incidents, citing recent actions taken regarding the NEET paper leak and the establishment of fast-track courts.
The Punjab Assembly has passed the Punjab Prisons and Correctional Services Bill, 2026, to modernise the prison system, and the Societies Registration (Punjab Amendment) Bill 2026, to enhance transparency and accountability of societies.
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
The Congress party, through Deputy Leader Gaurav Gogoi, has criticised the proposed amendments to India's anti-paper leaks law, arguing that previous legislation has failed to prevent examination leaks. Gogoi highlighted the ongoing student protests and questioned the government's sincerity, particularly regarding the handling of the NEET fiasco and the welcome given to former Education Minister Dharmendra Pradhan. He also raised concerns about the National Testing Agency's accountability.
