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BusinessThe implementation of the merchant discount rate (MDR) on UPI transactions has been delayed until January 2027. This postponement comes after trade bodies raised concerns about its impact on festival season sales. Originally scheduled for October 15, the new fee includes a 0.4% charge on transactions above Rs 2,000, while many transactions will remain free of fees.
TOI Business·
WorldHimashri Boro, a 20-year-old student from Assam, shared a video expressing fear of drunk men around her in a train compartment after a dance competition. She lost contact between 2:30am and 3:00am. Her family alerted railway authorities. Her body was later found near railway tracks in Srikakulam district, Andhra Pradesh.
Times of India·
EntertainmentLaila Rasheed, eldest daughter of late Malayalam actor Prem Nazir, died at 76 in a Kozhikode private hospital following a heart attack. Born on August 24, 1950, she authored a memoir about her father titled 'Ithile Poyathu Vasantham'. She was married to E. A. Rasheed and had two children, Sajith Khan and Soja.
TOI Entertainment··Kozhikode
BusinessOil prices fell on Friday after US President Donald Trump said the US will not attack Iran before the November elections amid productive talks to end their conflict. Brent crude dropped 0.7% to $103.53 a barrel, and WTI fell 0.6% to $90.97. Despite recent supply disruptions and attacks on Middle East shipping, talks have eased market concerns temporarily.
News18 Business·
BusinessAt a US-India biofuels summit in New Delhi on September 22, the US grain industry advocated for American maize to be evaluated based on its life cycle carbon emissions rather than just as imported genetically modified grain. The summit covered topics including higher ethanol blending, sustainable aviation fuel, ethanol-based cooking, and ethanol's impact on rural economies in both countries.
Hindustan Times··New Delhi
ScienceA doctoral study at MIT World Peace University in Pune has detected microplastics in freshwater fish like Rohu and Tilapia commonly consumed in Pune. The research, led by PhD scholar Simran Singh under Dr. Soma Mishra, maps Pune's fish supply chain and examines microplastic contamination sources and impacts on ecosystems and human health. Funded by MIT-WPU Seed Grant, it highlights plastic pollution beyond marine environments.
Deccan Herald··Pune
TOI Business·
The implementation of the merchant discount rate (MDR) on UPI transactions has been delayed until January 2027. This postponement comes after trade bodies raised concerns about its impact on festival season sales. Originally scheduled for October 15, the new fee includes a 0.4% charge on transactions above Rs 2,000, while many transactions will remain free of fees.
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