A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.
Spain defender Marc Cucurella fulfilled his promise to get a tattoo of national team coach Luis de la Fuente's face after Spain won the World Cup. He had vowed to do so if they lifted the trophy, and after their victory against Argentina, he got an image of De la Fuente holding the World Cup inked on his arm.
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.
Three-time Olympic medallist and six-time world champion Jonny Brownlee has announced his retirement from professional triathlon, concluding a highly decorated career in the sport.
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
The 21st Delhi Half Marathon on October 18 will feature top international athletes, including Ethiopia's Birhanu Legese and Kenya's Irine Cheptai. The World Athletics Gold Label road race offers a substantial prize purse and promises a highly competitive field.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
The trophy is supposed to be the full stop to a tournament, not another comma in an India-Pakistan controversy, points out K R Nayar.
The Olympic Council of Asia (OCA) has implemented a stringent Safeguarding Code of Conduct for athletes and officials participating in the Asian Games in Aichi-Nagoya, Japan. The code prohibits inappropriate relationships, degrading language, and harassment, with violations leading to severe penalties including suspension. It also addresses social media use and places special emphasis on protecting minor athletes.
Both the Indian men's and women's junior squash teams have successfully advanced to the quarterfinals of the World Junior Squash Team Championship in Ontario. The men's team overcame Kuwait in a hard-fought 2-1 victory, while the women's team secured a dominant 3-0 win against South Africa. The men are set to face England, and the women will compete against USA in their respective quarterfinal matches.
Irish boxing legend Katie Taylor has retired from professional boxing after a stellar career, concluding with a unanimous decision victory over Flora Pili at Croke Park. Before a massive 83,000-strong home crowd, Taylor, an undisputed world super-lightweight champion, celebrated her final fight, reflecting on her journey from Olympic gold to professional dominance.
India women's hockey team coach Sjoerd Marijne discusses the team's preparations for the upcoming Asian Games, focusing on improved defence and sharpening goal-scoring skills. Skipper Salima Tete and senior player Savita Punia also share insights on the team's changed mindset and strategies, highlighting lessons learned from the recent Hockey World Cup.
The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.
Hockey India is set to hold an emergent Executive Board meeting on September 18 to address a deepening internal controversy involving President Dilip Tirkey and Secretary Bhola Nath Singh, stemming from a jersey colour change. The meeting will also focus on restructuring the Hockey India League (HIL) to create an independent Governing Council with franchise involvement, and discuss upcoming elections and Asian Champions Trophy hosting.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
Wimbledon champion Linda Noskova defeated Marta Kostyuk in a hard-fought three-set match at the U.S. Open, securing her spot in the quarter-finals. Noskova, the sixth seed, overcame a mid-match fightback from Kostyuk, eventually winning 7-5 5-7 6-4 after saving two match points in the second set. She will now face world number one Aryna Sabalenka.
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Delhi Capitals are set to introduce a new coaching setup for IPL 2027, with Sourav Ganguly expected to take over as head coach, Chaminda Vaas as bowling coach, Yuvraj Singh as batting coach, and Amit Mishra also joining the team.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
Indian powerlifter Keyaa Kunal Banerji has spoken out about the severe online harassment and sexualisation she endured following her silver medal win at the 2026 IPF World Sub-Junior & Junior Classic Powerlifting Championships.
US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after failing an in-competition dope test. He tested positive for the prohibited diuretic brinzolamide and has accepted the sanction, leading to the disqualification of his results.
Former chief selector and head coach Haroon Rasheed has attributed the decline of Pakistan cricket to the domestic structure changes implemented by former Prime Minister Imran Khan, who insisted on reducing first-class teams despite recommendations for a hybrid model.
Indian tennis player Dhakshineswar Suresh discusses the significant transition from collegiate tennis to the professional tour, highlighting the challenges of travelling alone, managing his body, and maintaining consistency. He shares insights on the importance of off-court preparation, physical fitness, and setting ambitious goals like breaking into the top 250.
Alpine APL Pipers secured the top position in the Global Chess League after defeating PBG Alaskan Knights. However, Ganges Grandmasters and FYERS American Gambits are close contenders. Ganges Grandmasters also had a strong win against the Pipers, while CheQ Mumba Masters kept their final hopes alive with a decisive victory over Triveni Continental Kings, featuring wins from top players like Magnus Carlsen and Levon Aronian.
The BRICS grouping has fully endorsed India's demand for zero-tolerance against terrorism and rejected double standards in combating the menace. Their declaration condemned terror attacks in Jammu and Kashmir and reaffirmed commitment to holding terrorists accountable under international law.
Rudrankksh Patil embraces pressure ahead of Asian Games 2026, saying it helps him stay focused as he targets strong performances in two events.
Four-time Formula 1 world champion Sebastian Vettel drove Michael Schumacher's legendary Ferrari F2002 at Monza, paying an emotional tribute to his childhood idol.
French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.
South Africa opener Jordan Hermann equalled the record for the most runs on a One Day International debut, scoring a blistering 150 to help his side defeat hosts Namibia by 99 runs (DLS method) in the first match of their three-match series.
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.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
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.
India is grappling with significant selection dilemmas ahead of their opening T20I match against Afghanistan, particularly concerning the choice between Sanju Samson and young Vaibhav Sooryavanshi, and the potential impact of Ishan Kishan's injury scare. The series also serves as crucial preparation for the Asian Games, with India needing to finalise their bowling attack against a strong Afghan side.
'We feel strongly about so much injustice that is out there in the world. For us, it is very important that we take away this word called 'victim' and make something out of it. I want to celebrate survivors, always.'
FIFA President Gianni Infantino has clarified that the plan to sell stakes in the World Cup is a proposal and 'not an obligation', following strong criticism from regional football confederations who felt blindsided by the idea.
The All India Football Federation has announced a series of high-profile international friendly matches for the Indian men's national team. India will host Panama on September 26 in Bengaluru, followed by five-time world champions Brazil on October 3 and two-time world champions Uruguay on October 6, both in Kolkata. These matches represent a significant step for Indian football, offering the team a chance to compete against top-ranked global opponents.
Lionel Messi said Argentina's World Cup final defeat by Spain had left "immense" pain but praised his team for reaching a second successive final and thanked supporters for uniting behind the national side.
Ranjit Bajaj has declined the manager role for the India U-15 men's national team for the upcoming FIFA U-15 World Cup, citing fundamental differences in footballing philosophy with head coach Bibiano Fernandes.
