The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
Researchers at IIT-Guwahati have developed an inexpensive and efficient catalyst for producing hydrogen from water, a crucial step for the National Green Hydrogen Mission and the transition to sustainable energy. The catalyst uses nickel salt and an anthracene-based organic molecule, offering a cleaner alternative to fossil fuel-derived hydrogen.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
West Bengal police have unearthed a sophisticated Pakistan-linked honeytrap network targeting state ministers, their families, and other high-profile individuals, leading to the arrest of a third suspect, Aditya Singh, an alleged associate of Jaish-e-Mohammed operative Hamim Mondal.
Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.
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.
Three months after winning power in West Bengal, the BJP is confronting a significant political challenge: how to expand and consolidate its presence without adopting the very political culture it campaigned against, particularly concerning the integration of former TMC leaders and the need to curb practices like extortion and intimidation among its own cadres.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Model Rhiya Ahir, who gained viral attention for blocking a police van during student protests in Mumbai, has filed a complaint with cyber police alleging online harassment, deep-fake videos, and abusive trolling following her widely circulated protest image.
The move comes amid growing demand from organisations in India for local access to Claude.
It's not about how much you earn -- it's about how you borrow and repay.
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
Jamshedpur FC has announced its withdrawal from the Indian Super League (ISL) starting from the 2026-27 season, hours after missing a payment deadline. The club stated its commitment to promoting and developing football at the grassroots level in India. This comes amidst a new agreement between AIFF and ISL clubs for a club-led model of the league.
From Joggers Park to De De Pyaar De, these films dared to make the age gap between their unlikely lovers part of the story rather than something to quietly ignore.
A team of doctors from AIIMS Delhi completed the second postmortem of former model-turned-actor Twisha Sharma in Bhopal, following her death on May 12. Her family alleges dowry harassment and abetment to suicide, while her in-laws claim she suffered from drug addiction.
'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
Diego Forlan, the former Manchester United and Atletico Madrid forward, has been named the new head coach for Uruguay's senior and Under-20 national football teams. He replaces Marcelo Bielsa, who left after Uruguay's early exit from the World Cup. Forlan, a celebrated player and 2010 World Cup Golden Ball winner, will bring his experience and leadership to the role, starting with the Under-20 squad.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Vivo T5 Lite 5G has made its debut with a feature-packed specification sheet aimed at budget-conscious buyers.
The Realme Narzo 100x 5G has arrived with a strong focus on battery life and durability.
The Confederation of Indian Industry-Indian Women Network (CII-IWN) organised a hands-on Artificial Intelligence (AI) workshop in Chandigarh for women entrepreneurs and professionals. The session focused on practical applications of AI, including generative AI and LLMs, to address business challenges and enhance productivity across various functions like marketing, content creation, and data analysis.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
A special MP-MLA court in Sultanpur deferred the hearing in a model code of conduct violation case involving AAP leader Sanjay Singh due to the investigating officer's absence. The next hearing is scheduled for May 14.
For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
'Frankly, I'm in that zone for another Olympics.'
Japanese automaker Honda plans to introduce over 10 new models, including electric vehicles and compact SUVs, in India by 2030, identifying India as one of its three key markets for future growth.
'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.'
Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
Indian women's hockey captain Salima Tete believes the team's recent FIH Nations Cup triumph has instilled the confidence needed to compete for the top prize at the FIH Women's World Cup 2026, despite facing a challenging pool.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
The NASA-ISRO NISAR satellite has provided crucial data revealing the extent of ground displacement caused by recent twin earthquakes in Venezuela. Researchers used the satellite's InSAR technique to map surface changes, showing a significant 60-centimetre shift in areas like Caracas and La Guaira, explaining the severe damage. This marks the first use of NISAR's urgent response system for earthquake surface displacement mapping.
The Delhi High Court has dismissed a lawsuit by news agency ANI against OpenAI, ruling that ChatGPT's use of copyrighted material for training large language models (LLMs) constitutes fair dealing under the Copyrights Act. The court emphasised that restraining AI development would be detrimental to India's growth in the field and public interest.
