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BusinessPhoto: HT Business

NPCI Delays UPI Merchant Discount Rate Implementation Until After Diwali

The National Payments Corporation of India (NPCI) has postponed the implementation of a 0.4% merchant discount rate (MDR) on select UPI transactions above ₹2,000. Originally scheduled for October 15, the rollout is now deferred until after Diwali due to the festive season. The MDR will apply only to merchants, capped at ₹300 for transactions above ₹75,000. A new date will be announced later.

HT Business··Mumbai

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PoliticsPhoto: Amar Business

Piyush Goyal Says Trade with China Requires Fairness and Stability

Union Minister Piyush Goyal stated that India is ready to trade with all countries, including China, provided the conditions are fair and the geopolitical situation remains stable. He also emphasized strong relations with the United States and cooperation in global supply chains.

Amar Business·

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EntertainmentPhoto: NDTV Business

Mixed Reactions to Narnia: The Magician's Nephew Trailer

The first trailer for Greta Gerwig's adaptation of Narnia: The Magician's Nephew has been released, showing the origins of Narnia. Online reactions are mixed, with some praising the visuals and Gerwig's vision as incredible, while others feel it lacks the magic of earlier versions and question its faithfulness to C.S. Lewis' novel. The film releases February 12, 2027.

NDTV Business·

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PoliticsPhoto: News18 World

Trump's New Press Secretary's 14-Minute Briefing Marred by Gaffe

Katie Zacharia began her role as US President Donald Trump's press secretary with a brief 14-minute briefing that quickly went viral due to a verbal slip. She mistakenly said "my president" instead of "my husband" while discussing balancing work and family. The awkward moment and her halting delivery sparked widespread mockery online, raising doubts about her readiness for the high-pressure job.

News18 World·

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EntertainmentPhoto: TOI Entertainment

Karisma Kapoor to Appear on Koffee With Karan 9 Premiere

Karisma Kapoor will reportedly make a surprise appearance on the premiere episode of Salman Khan's 'Koffee With Karan 9,' according to Variety India. The ninth and final season of Karan Johar's celebrity chat show will stream on JioHotstar starting October 14, with new episodes every Wednesday. Kapoor and Khan have previously co-starred in films like 'Judwaa' and 'Biwi No. 1.'

TOI Entertainment·

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BusinessPhoto: News18 Business

Jio Platforms Attracts Over $20 Billion in IPO Bids

Jio Platforms Ltd, the digital arm of Reliance Industries, has received bids exceeding $20 billion for its upcoming IPO, potentially India's largest share sale. Global investors like Fidelity, Allianz, and Capital Group have shown interest. The IPO targets a valuation of up to Rs 10.3 lakh crore ($108 billion), lower than earlier $170 billion estimates. Final anchor investor decisions are pending.

News18 Business·

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