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BusinessPhoto: Economic TimesThe deferment of the Merchant Discount Rate (MDR) on UPI transactions offers relief to direct-to-consumer (D2C) brands, especially those in low-margin sectors like consumer electronics, fashion, and packaged goods. Since 60-90% of prepaid transactions for most digital-first brands occur via UPI, this move eases financial pressure during the festive season.
Economic Times·
PoliticsPhoto: News18 WorldAt a rally in Bullhead City, Arizona, US President Donald Trump described Tesla CEO Elon Musk as an "80 percent super genius," joking that the remaining 20 percent is "a little problem." Trump made the remarks while campaigning for Congressman Andy Biggs, criticizing Democratic governor candidate Katie Hobbs and comparing her intelligence to Musk's. Trump praised Musk as a great guy despite the jab.
News18 World··Bullhead City
HealthPhoto: NDTV MoviesFive years after Kannada actor Puneeth Rajkumar's death, his doctor Dr Ramana Rao recalled the actor's final hours. After a 1.5-hour kickboxing workout, Puneeth visited the clinic where an ECG showed heart strain. He suffered a cardiac arrest on October 29, 2021, and despite emergency care at Vikram Hospital Bengaluru, he could not be revived. The doctor described Puneeth as like a son and called his death a deeply traumatic experience.
NDTV Movies··Bengaluru
PoliticsPhoto: Deccan HeraldAlexandros Paporakis, a 19-year-old from Palatine, Illinois, was arrested on October 11 for allegedly planning an attack targeting a Hindu place of worship in Aurora, Illinois. The arrest followed an investigation into a potential mass shooting plot. Authorities intervened before any attack could take place, highlighting concerns over targeted violence against religious sites.
Deccan Herald··Aurora
BusinessPhoto: ET MarketsReliance Jio has announced October 14, 2026, as the record date to identify eligible Reliance Industries shareholders for applying under the reserved shareholder quota in its IPO. The IPO plans to raise about Rs 30,213 crore through fresh equity shares. Investors must apply via the normal IPO process and choose the shareholder category to participate.
ET Markets·
PoliticsPhoto: Times of IndiaDelhi Police informed the Supreme Court that it implemented necessary measures to comply with court directives during the October 10 protest. These steps included maintaining law and order and enhancing security in sensitive areas by imposing restrictions on metro services, roads, and internet access.
Times of India··Delhi
Economic Times·
Photo: Economic TimesThe deferment of the Merchant Discount Rate (MDR) on UPI transactions offers relief to direct-to-consumer (D2C) brands, especially those in low-margin sectors like consumer electronics, fashion, and packaged goods. Since 60-90% of prepaid transactions for most digital-first brands occur via UPI, this move eases financial pressure during the festive season.
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