MDR on UPI payments above Rs 2,000: Supreme Court to hear challenge plea on Monday

Economic Times - Sep 27, 2026

Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made to merchants through the UPI platform from October 15 while explicitly ring-fencing everyday person-to-person transactions and small payments from any charge.

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Even if we win all seats, we are against EVMs: Akhilesh Yadav
Sep 28, 2026
Even if we win all seats, we are against EVMs: Akhilesh Yadav

Akhilesh Yadav criticized the use of electronic voting machines, stating a preference for ballot papers as used in developed nations. He emphasized that the Samajwadi Party is strategically focused on removing the BJP from power in upcoming elections. Additionally, Yadav pointed out issues regarding donations at the Ram temple, alleging irregularities that have caused distress among devotees.

Morepen files first US drug application, eyes generic diabetes market
Sep 28, 2026
Morepen files first US drug application, eyes generic diabetes market

Morepen’s first US submission targets a late-stage entry into the global diabetes therapeutics market, leveraging a DPP-4 inhibitor with potential competitive timelines and regulatory milestones

IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test
Sep 28, 2026
IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test

Transformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authority of India aiming to streamline product distribution and limit commissions. These changes could lead to lower insurance premiums, but distributors heavily reliant on commissions might struggle. Insurers like SBI Life, known for their efficient low commission rates, may adapt more easily.

Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to China
Sep 28, 2026
Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to China

US President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Both leaders agreed on lowering tariffs on certain goods, with no specific timeline provided for implementation. The absence of a Chinese CEO delegation highlighted ongoing investment challenges amid mutual suspicions. China's trade has thrived despite US tariff threats, giving it leverage in negotiations.

What to do with old jars? Try these 5 easy DIY reuse ideas to turn them into useful storage containers
Sep 28, 2026
What to do with old jars? Try these 5 easy DIY reuse ideas to turn them into useful storage containers

Transform your clutter into an organized oasis by repurposing old household glass jars. Perfect for storing spices, stationery, or sewing supplies, these jars not only save space but add a touch of charm to any room. You can even fashion a customized desk organizer from a collection of jars. Just make sure to clean each jar thoroughly for safety and hygiene before putting them to use.

Wife, daughter and son waited in a car in snowfall at minus 4 degrees after the booked Gulmarg hotel was missing, MakeMyTrip ordered to pay Rs 48,775
Sep 28, 2026
Wife, daughter and son waited in a car in snowfall at minus 4 degrees after the booked Gulmarg hotel was missing, MakeMyTrip ordered to pay Rs 48,775

A consumer commission in Gurdaspur has ordered MakeMyTrip to pay Rs 48,775 to an advocate whose family says the Srinagar and Gulmarg hotels they booked online could not be found, leaving them to spend a night in their car in the snow.

NMDC commissions ₹5,427 crore iron ore processing complex in Chhattisgarh; stock slides 2%
Sep 28, 2026
NMDC commissions ₹5,427 crore iron ore processing complex in Chhattisgarh; stock slides 2%

The commissioned project comprises three components: a new iron ore processing plant at Bacheli, a 135-kilometre, 15 MTPA slurry pipeline, and the 2 MTPA pellet plant at Nagarnar.

LPU Protest Explained: What happened at Lovely Professional University? How a rape allegation led to violent student unrest
Sep 28, 2026
LPU Protest Explained: What happened at Lovely Professional University? How a rape allegation led to violent student unrest

LPU Protest Reason: LPU protests erupted on September 27 after a rape allegation involving a female student at Lovely Professional University in Punjab. Students are demanding justice, stronger hostel security and accountability. Police have registered a case and formed an SIT to investigate. The university has suspended classes for 10 days and postponed mid-term exams.

'CEC Gyanesh Kumar, PM Modi, Shah conspired to sabotage Indian democracy': K C Venugopal
Sep 28, 2026
'CEC Gyanesh Kumar, PM Modi, Shah conspired to sabotage Indian democracy': K C Venugopal

AICC general secretary K C Venugopal made serious allegations regarding the integrity of the Election Commission. He claimed a conspiracy involving CEC Gyanesh Kumar, PM Narendra Modi, and Home Minister Amit Shah. Venugopal pointed out that illegal acts were committed to benefit the ruling party. He announced a Congress working committee meeting to discuss the situation in detail. The alliance of opposition parties is also expected to coordinate their response.

NSE shares slip below IPO price after lackluster India debut
Sep 28, 2026
NSE shares slip below IPO price after lackluster India debut

The stock fell as much as 1.8 per cent to ₹1,761 on Monday, below the IPO price of ₹1,785

Powerful nor'easter floods Northeast again, causing problems from New Jersey to New England
Sep 28, 2026
Powerful nor'easter floods Northeast again, causing problems from New Jersey to New England

Residents in coastal communities experienced persistent flooding and power outages due to a powerful nor'easter. A slow-moving storm caused extreme rainfall, resulting in conditions not seen in nearly a decade. Many areas in New Jersey and New York were hit particularly hard by tidal surges and high winds. Emergency services responded to reports of fallen trees, damaged homes, and widespread power outages.

Casteist remark even on Facebook or other social media can fall under SC/ST Act: HC
Sep 28, 2026
Casteist remark even on Facebook or other social media can fall under SC/ST Act: HC

The Calcutta High Court has ruled that the concept of “public view” under the SC/ST (Prevention of Atrocities) Act can extend to social media platforms. The court ordered a fresh investigation into a Facebook caste-abuse complaint after questioning the police decision to close the case because user details could not be obtained.

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