For the best experience, use the Insights app.
Get the appGetSplitting a Rs 20,000 bill into ten separate UPI payments of Rs 2,000 each can affect the Merchant Discount Rate (MDR) charges applied. Experts and former RBI officials have urged the GST Council to keep UPI person-to-merchant transactions tax-free to avoid increased costs for merchants. Payment companies are also exploring services beyond MDR to support merchants.
The Financial Express·
PoliticsTropical Storm Isaias formed in the Gulf of Mexico and may rapidly strengthen into the first hurricane of the 2026 Atlantic season. Located about 580 miles south of the Mississippi River, it is expected to move toward the northern Gulf Coast and possibly make landfall as a hurricane by Friday. Florida Governor DeSantis declared an emergency in 25 counties as a precaution.
HT World··Florida
PoliticsDuring the INDIA bloc protest at Jantar Mantar in Delhi, Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra were detained amid escalating tensions. Opposition MPs, including Mallikarjun Kharge, were stopped by security at Ashoka Road while demanding Chief Election Commissioner Gyanesh Kumar's resignation over alleged electoral irregularities. The protest followed a previous detention of opposition leaders after a sit-in at Akashvani Bhawan.
News18··Delhi
HealthLupin has launched Formoflo-G MDI, a fixed-dose triple combination inhaler for chronic obstructive pulmonary disease (COPD) in India. Approved by the Drug Controller General of India, it combines Glycopyrronium Bromide, Formoterol Fumarate, and Fluticasone Propionate for managing moderate to severe COPD. The twice-daily inhaler enhances Lupin's respiratory portfolio, aiming to improve access to effective COPD therapies in India.
Hindu Business··Hyderabad
SportsThe Wrestling Federation of India (WFI) has requested the US Embassy in New Delhi to review visa denials for Indian wrestlers. The WFI urged the Embassy to grant visas to the wrestlers scheduled for appointments on Thursday, highlighting concerns over the refusals affecting athletes under 20 who are currently unemployed.
Times of India··New Delhi
SportsWrestler Sujeet Kalkal credited foreign coach Shako Bentinidis for encouraging an attacking strategy and using the ‘dhobi pachhad’ arm throw technique, which helped him win the freestyle 65kg gold medal at the 2026 Asian Games in Nagoya, Japan. Kalkal, continuing the legacy of Yogeshwar Dutt and Bajrang Punia, was named India’s male athlete of the Games and praised Bentinidis for advising him to attack from the first bout.
Hindu Sport··Nagoya
The Financial Express·
Splitting a Rs 20,000 bill into ten separate UPI payments of Rs 2,000 each can affect the Merchant Discount Rate (MDR) charges applied. Experts and former RBI officials have urged the GST Council to keep UPI person-to-merchant transactions tax-free to avoid increased costs for merchants. Payment companies are also exploring services beyond MDR to support merchants.
Tip: use ↑ / ↓ (or j / k) to move between stories.
