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MDR on person-to-merchant UPI payments above Rs 2,000: Who pays and what changes for you? FAQs answered

MDR applicability is determined by overall merchant account categorisation. A Merchant Discount Rate (MDR) of 0.4% will be applicable on person-to-merchant UPI transactions above Rs 2,000 from October 15, 2026, as per the latest notification from NPCI. It is important to note that person-to-person transactions will continue to be free with no MDR applicable.Merchant Discount…

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Announce funds for projects at Mangaluru cabinet meeting: BJP | Bengaluru News

BJP Dakshina Kannada district president Sathish Kumpala addresses the media in Mangaluru on Tuesday Mangaluru: BJP Dakshina Kannada district president Sathish Kumpala has urged the Karnataka govt to announce financial allocations along with development projects at the first cabinet meeting to be held in Mangaluru.He told reporters on Tuesday, that merely announcing projects would serve…

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India Trade Deficit: India’s exports jump 25.4% in August, narrowing overall trade deficit to $9.41 billion

India’s overall trade deficit shrinks as exports grow faster than imports in August (representative image) India’s overall trade deficit narrowed to $9.41 billion in August 2026 from $11.62 billion in the same month last year, as exports grew at a faster pace than imports, according to official trade data released on Tuesday.Overall exports, including merchandise…

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‘Identified location, drafting policy’: Delhi CM announces construction of hostel for 10k students | India News

NEW DELHI: Delhi chief minister Rekha Gupta on Tuesday announced that the government will construct hostels for 10,000 students, days after a building collapse in the national capital’s Satya Niketan claimed seven lives.Gupta said that the decision was made to address the shortage of affordable and safe accommodation for students coming to Delhi for higher…

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Real estate businessman lost Rs 34.21 lakh in F&O trading; taxman called it speculative, but ITAT Delhi allowed Rs 25.09 lakh as business loss: Here’s why

The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…

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Vetri Maaran: ‘I respect my fans a lot’: Soori opens up about journey from comedy roles to leading man, recalls 100 days at sea for Mandaadi and credits Vetri Maaran for changing his image | Tamil Movie News

Actor Soori believes his journey from comedy roles to leading man has changed the way he approaches cinema. After earning appreciation for ‘Mandaadi’, the actor has opened up about the responsibility that comes with being a hero and why he now wants to be more careful with his film choices.Soori says audience expectations have also…

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