The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
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.
From the adorably vain Poo to the free-spirited Geet, Kareena Kapoor Khan has delivered some memorable performances.
Real Madrid have secured France defender Ibrahima Konate on a free transfer from Liverpool, signing him until June 2030.
Barcelona secured a dominant 5-2 victory over Rayo Vallecano, with Raphinha and Lamine Yamal each scoring twice, propelling the Catalan giants to the top of the LaLiga table on goal difference.
Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.
India's white-collar job market experienced a 14 per cent year-on-year growth in August, with the auto, healthcare, and retail sectors leading the surge, according to a report by Naukri.com.
A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.
Delhi Police has implemented a comprehensive multi-layered security system for the upcoming BRICS Summit in New Delhi, deploying 15,000 personnel, 200 paramilitary companies, and over 500 CCTV cameras. The arrangements aim to ensure maximum security for visiting dignitaries while minimising public inconvenience, with extensive coordination across agencies and states, and robust measures at the main venue, Bharat Mandapam.
A flood relief mock drill in Bahraich, Uttar Pradesh, unexpectedly became a real rescue operation when a woman jumped into the Ghaghra river in an apparent suicide attempt. Rescuers, initially mistaking it for part of the drill, quickly saved her. Police investigations revealed the woman acted due to alleged family harassment and a dispute with her husband and in-laws, leading to a case being registered.
Jose Mourinho, in his first Real Madrid press conference, emphasised non-negotiable commitment, unavoidable competition, and zero tolerance for selection frustrations, setting a clear tone for the upcoming LaLiga season.
'What Daayra tries to do is explore the greys because everything is not black and white.'
Champions Arsenal secured a 2-0 victory over Sunderland, maintaining their perfect start to the Premier League season and moving clear at the top. Meanwhile, title contenders Liverpool and Chelsea were held to draws against Fulham and Hull City respectively. Other notable results include Aston Villa's loss to Nottingham Forest, Ipswich's win against Crystal Palace, and Tottenham's continued struggle to score goals.
Real Madrid appointed Jose Mourinho as their new manager on a three-year contract on Thursday, turning back to the Portuguese tactician who once delivered them a record-breaking LaLiga triumph but has not won a league title since leaving the Spanish capital.
India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
Jacob Coxon, an AI researcher, resigned from Anthropic, accusing leading tech firms like OpenAI and Anthropic of irresponsibly racing towards superintelligence without adequate safeguards. He warned of existential dangers, a sentiment echoed by Anthropic's Evan Hubinger, who admitted the company lacks a plan for superintelligence alignment.
A new report by CIEL HR indicates a massive 260 per cent year-on-year surge in demand for Agentic AI engineers in India by 2026. This growth highlights AI's increasing role in automating routine tech functions and the evolving landscape of technology skills, prompting organisations to invest in reskilling and talent development to meet the rising demand for AI, cloud, and cybersecurity expertise.
Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.
'It's a harrowing book because in the first 100 pages, you have the first-person account of very young girl being abused. It's an important, crucial document from her point of view, but impossible to emotionally endure if one is to illustrate it on screen.'
'If a student can get a good teacher, quality content and mock tests at no cost, it becomes very hard for a mid-tier coaching centre to keep charging for the same lecture.'
We started with notebooks and graduated to lavatories, self defence classes, laptops during the lockdown... And, every Ganeshotsav, the contributions increased, says Ananya Chincholikar.
For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.
Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.
From forgettable turns to award-worthy performances, these actors have brought visually impaired characters to life on screen in the last decade.
Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.
Can your money be protected against online frauds like hacking, digital arrests, etc?
Tigmanshu Dhulia's Ghamasaan brings back the dacoit genre with a gritty and realistic portrayal of ruthless bandits, featuring compelling performances from Arshad Warsi as the menacing Maharaj and Pratik Gandhi as the resolute police officer determined to bring him to justice, applauds Deepa Gahlot.
Brazil football legend Cafu has advised the Indian national team to view their upcoming friendly against Brazil on October 3 in Kolkata as a crucial learning experience rather than just a spectacle. He emphasised the match's importance for India's preparation for the 2030 World Cup cycle and highlighted Brazil's deep connection with Kolkata, referencing Pele's historic visit. Cafu also discussed the future of Brazilian football and his unique World Cup record.
Brazil's legendary captain Cafu advises the Indian national football team to view their upcoming friendly match against five-time world champions Brazil as a crucial learning experience for future World Cup cycles, rather than just a spectacle. He highlights Brazil's strong connection with Kolkata and identifies promising young Brazilian talents for the future.
Aneet Padda's post-Saiyaara follow-up Hunkkaar: The Roar promises a dark, provocative thriller about a young survivor taking on a godman accused of sexual abuse.
Indian pacer Arshdeep Singh discusses his aspirations for Test cricket, acknowledging his limited first-class appearances but asserting his readiness. He highlights the importance of understanding body mechanics, managing workload, and adapting to various pitch conditions. Arshdeep also touches upon the strong contingent of Punjab players in Indian cricket and his preparations for upcoming international assignments like the T20I series against Afghanistan and the Asian Games.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
The Revolutionaries never draws you into its world nor explains the mind and motivation of its heroes or even the mood within a nation they're going through so much trouble for, observes Sukanya Verma.
Senior Congress leader Shashi Tharoor has articulated India's position on BRICS, advocating for it to be a "non-West, but not anti-West" platform, a stance he believes is crucial for India's national interest. He highlighted the prestige of hosting the BRICS summit, India's responsibility to represent the Global South, and the significance of bilateral meetings, particularly with China and Russia. Tharoor also addressed the strained India-China relations, citing border issues and trade leverage, and discussed the challenges within BRICS, including difficulties in achieving consensus on global issues and trade imbalances, while also considering the need for diversified international relations amidst unpredictable US sanctions.
New Delhi is under a thick blanket of security as it hosts top world leaders for the BRICS Summit. Extensive security measures, including thousands of personnel and CCTV cameras, are in place. Commuters can expect temporary traffic restrictions and diversions due to VVIP movements, though officials aim to minimise public inconvenience.
A real-estate businessman in Hyderabad has been apprehended for allegedly shooting his second wife to death. The incident, which occurred on June 10, followed a history of marital discord, harassment, and a previous arrest for firearm possession related to threats against his wife. Police seized the weapon and other evidence.
Japan's cricket captain Kendel Kadowaki-Fleming and all-rounder Charlie Hara-Hinze believe the upcoming historic T20 match against India on September 22 can serve as a crucial springboard for the sustained growth of cricket in Japan, a country traditionally dominated by baseball.
