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DFS rejected US influence claims on 17 September, saying the new MDR on high-value UPI will let Indian payment firms compete — not surrender to foreign card networks.
0.4% MDR from 15 Oct on P2M above ₹2,000; ₹300 cap; ₹5 essential services; 0.02% capital markets; ₹1 lakh QR merchants exempt.
Why it matters — Four Indian firms sanctioned by US over $119M Iran oil trade under Operation…
Why it matters — Hero Motors IPO Day 3: GMP Rs 5.5-6, retail 5.02x, QIB 0.07x. Apply…
Why it matters — India hit its E20 blending target 5 years early, but motorists paid Rs…
Why it matters — GPT Infraprojects shares surge 9% to Rs 123.35 on Rs 483.72 crore RVNL…
Why it matters — SEBI to examine broker and AMC concerns on UPI MDR: 0.4% P2M rate,…
Why it matters — India spent $11.7B on crude in August — 18% more YoY — despite…
Why it matters — EPFO wage ceiling hiked to ₹25,000 — AITUC says too little, too late,…
Why it matters — Grab a refurbished Apple TV 4K for $169-209, $30-40 below new price.
The practical consequence behind the story, in plain language.
Contaminated water at 105+ stations puts passenger health at risk
Read the impactIndia's online retail market crossing $90Bn signals massive opportunity for e-commerce players and investors
Read the impact
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India's antitrust regulator CCI has approved the Mittal-Poonawalla consortium's acquisition of three cricket franchises valued at ~US$1.65B, with a 75/18/7 ownership split.
Three cricket franchises will change ownership ahead of Q3 2026 closing
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TVS Motor Company said premium motorcycles are growing over 22% in India, with EV share jumping to 10% and the Apache brand…
Buyers of feature-rich bikes (TCS, TFT, projector headlamps) are now the reference point for the entire…
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Mustafa Suleyman's essay 'A warning about model welfare' criticizes Anthropic's consciousness philosophy and warns of disastrous impact on humanity.
Industry may face pressure for stricter safety standards, FLOPS-threshold reporting, and independent verification of AI containment.