The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
ISRO has successfully launched EOS-05, India's first geo-imaging satellite, into a precise sub-geosynchronous transfer orbit using a GSLV rocket. This 2,367 kg satellite, the heaviest ever carried by a GSLV, will provide real-time imagery for applications in agriculture and disaster management from an altitude of 36,000 km.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
A senior coach from India's shooting contingent for the Aichi-Nagoya Asian Games has voiced disappointment over the logistical arrangements, particularly the long travel times to the training venue.
Haiwaan's staggeringly foolish notions make for unintended comedy, rues Sukanya Verma.
Nikita Porwal brought a vibrant slice of Indian mythology to the national costume round, stepping out as a contemporary interpretation of Goddess Meenakshi, the 'Goddess in Colour'.
Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.
The Supreme Court has questioned the Election Commission's decision to allot the Shiv Sena's bow-and-arrow symbol to the Eknath Shinde faction, asking if the possibility of denying the symbol to both factions was adequately considered. The court also raised concerns about using legislative majority as a test while disqualification proceedings against MLAs were pending. The Shinde faction argued for the validity of the legislative majority test, citing significant vote share and legal precedents.
A federal judge has temporarily blocked a Trump administration rule that sought to cap the stays of foreign students, journalists, and exchange visitors, citing potential 'catastrophic' damage to the US economy and higher-education system.
'She was not burdened by the knowledge of her craft and the world. She just was a child till her last days.' 'When she smiled, everybody in the room would light up.'
Despite India's dominant Asia Cup victory, head coach Amol Muzumdar acknowledged fielding as an area for improvement, while dismissing concerns over the middle-order's performance.
PAYD suits infrequent drivers who can estimate annual mileage.
Barcelona secured a resounding 5-0 victory over hosts Valencia in their LaLiga clash, maintaining their perfect start to the new season. Fermin Lopez was instrumental with a goal and two assists, while Lamine Yamal scored twice, and Raphinha and Pedri also found the net. The win puts Barcelona at the top of the LaLiga table with 12 points from four games.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
Lamine Yamal's double propelled Barcelona to a hard-fought 4-2 victory over Levante, preserving their perfect LaLiga start with five wins and extending their winning run.
The Mamata Banerjee-led Trinamool Congress faction has announced Sanchita Pradhan (Dey) and Rabiul Alam Chowdhury as its candidates for the upcoming Nandigram and Rejinagar assembly by-elections in West Bengal. This announcement comes amidst a significant split within the TMC, with a rival faction led by Ritabrata Banerjee also vying for control of the party's name and symbol. The Election Commission is currently deliberating on the claims of both factions, a decision that will critically impact the by-polls scheduled for October 6.
'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.'
Dave Cousins, India's new national compound archery head coach, believes a historic first Olympic medal for India is inevitable. He is preparing the team for the Aichi-Nagoya Asian Games and has long-term plans for the 2028 Los Angeles Olympics, noting the changing Asian archery landscape and the impressive work ethic of Indian archers.
The Indian junior women's hockey team secured their third consecutive AHF Junior Asia Cup title by defeating China 1-0.
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
UEFA vice-president Laura McAllister stated that UEFA is actively seeking a credible challenger to FIFA President Gianni Infantino for the upcoming March election, emphasising the need for a candidate capable of uniting football's confederations and delivering lasting governance reform, rather than merely installing a European figurehead.
The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
'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.'
India's junior women's hockey team defeated China 1-0 in the AHF Junior Asia Cup final, securing their third consecutive title and qualifying for the junior women's World Cup. Sanika Chandrakant Mane scored the decisive goal in the 17th minute.
India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.
West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.
A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.
It's A Medical Miracle has a promising superhero premise and some genuinely inventive moments, but a wildly uneven screenplay ultimately squanders its potential.
India's fertiliser ministry has introduced a new analytical tool and a national-to-retail dashboard to monitor fertiliser dispatches, movement, and inventories in real time, aiming to prevent localised shortages and ensure equitable access for farmers.
The UK has announced a comprehensive sanctions regime against Israeli settlements in the West Bank, banning the import of goods and targeting entities involved in settlement expansion. Foreign Secretary Ed Miliband condemned the "ethnic cleansing of Palestinians" and highlighted international support for the UK's stance, while Israel reacted strongly with counter-measures.
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).
Punjabi singer Ammy Virk's concert convoy was targeted in a shooting incident in Abbotsford, Canada, though he escaped unhurt. Police are investigating the targeted attack and a connected vehicle fire.
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.
National selectors are set to convene in New Delhi to finalise India's ODI and T20I squads for the upcoming home series against West Indies, with Rishabh Pant's potential white-ball return and Hardik Pandya's fitness being the primary discussion points.
Liverpool's early season woes persisted with a goalless draw against Fulham, while Chelsea needed a late equaliser from Joao Pedro to salvage a 2-2 draw against surprise package Hull City. Nottingham Forest secured a late win against Aston Villa, and 10-man Crystal Palace fell to Ipswich Town in a thrilling encounter.
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 Reserve Bank of India (RBI) has introduced new features for India's digital payment ecosystem, including UPI tap-to-pay for PIN-less transactions up to 5,000 and multi-currency capabilities for forex on Bharat Connect, supporting Euro, British Pound, and other major currencies.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
Researchers have developed a new AI model that can monitor satellites and detect anomalies in their behaviour, significantly reducing the risk of in-orbit collisions. This tool, part of the AI4 Space Safety and Sustainability project, learns from satellite light reflections to predict motion and identify unusual activity, crucial for managing the increasingly crowded space environment.
