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Updated : Sep 15, 2026

'Important step': RBI backs new UPI charges, says all transactions remain free for users

'It will help UPI in continuing to scale, innovate and serve consumers and businesses across the country,' says RBI

Updated : Sep 15, 2026

IIT Kanpur launches Python, AI and ML certificate course 2026: Check eligibility, fees, dates and registration

The course will also include hands-on AI, ML and deep-learning tutorials, practical datasets and coding assistance from IIT Kanpur teaching assistants

Updated : Sep 15, 2026

'This is not how successful industrial policy is run': ISB professor on new UPI charges

Effective industrial policy has a legitimate place for subsidising activities that generate exceptionally large positive spillovers for the wider economy, says ISB's Prasanna Tantri

Updated : Sep 15, 2026

Paying for fuel via UPI? Here's how much you'll be charged at petrol pumps

The new framework sets a 0.4 per cent Merchant Discount Rate on UPI payments above ₹2,000 to merchants, with the fee capped at ₹300 for payments of ₹75,000 and above

Updated : Sep 15, 2026

Are you paying electricity, water or piped gas bills through UPI? Check charges above ₹2,000

Public utility payments, including electricity distribution bills, municipal water charges and piped natural gas bills, fall under the designated Industry program category

Updated : Sep 15, 2026

UPI MDR revision from Oct 15: Mutual funds, securities, stockbrokers to attract 0.02% charge; check details

At 0.02%, the MDR on a Rs 1 lakh transaction would work out to Rs 20. The Rs 300 maximum cap also limits the charge on larger transactions.

Updated : Sep 15, 2026

Jio users can get Canva Premium free for 12 months: Check plans, eligibility and how to claim

The Canva benefit depends on the Jio recharge plan. Users on the ₹399 plan will get Canva Pro for 12 months at no extra cost.

Updated : Sep 15, 2026

UPI MDR from October 15: What happens to auto-debit payments for mutual funds, insurance and OTT subscriptions?

For mutual fund investors, the distinction between a recurring UPI mandate and a regular UPI payment is important. A mutual fund SIP or other recurring investment set up through UPI Mandate or AutoPay will not attract the prescribed MDR transaction charge, NPCI clarified in its FAQs.

Updated : Sep 15, 2026

Are school, college fee payments exempt from standard UPI MDR? Here’s what parents need to note

The move is aimed at making digital fee payments more affordable for schools, colleges, universities and students, particularly when dealing with larger tuition and institutional payments

Updated : Sep 15, 2026

'Higher the price, higher the chance': Rapido fined ₹10 lakh over 'misleading' ride booking prompts

The CCPA also examined Rapido's "Set your price" slider and found that its colour coding influenced the rider’s pricing decision

Updated : Sep 15, 2026

Small merchants will not come under UPI MDR even above ₹2,000 if they meet this condition; check details

The new MDR framework is aimed at creating a sustainable funding model for the UPI ecosystem, with revenue intended to support infrastructure, cybersecurity, innovation and customer service

Updated : Sep 15, 2026

Tata Sons board meeting on September 17: RBI ruling, Chandrasekaran succession and Trusts row in focus

The RBI last week rejected Tata Sons’ application to surrender its registration as a non-banking financial company (NBFC).

Updated : Sep 15, 2026

UPI MDR new rules: 0.4% charge above ₹2,000, ₹300 cap on high-value payments; see FAQs

UPI transactions above ₹2,000 will attract a 0.4% Merchant Discount Rate (MDR) from October 15, 2026, while the fee will be capped at ₹300 for payments of ₹75,000 and above. The new framework will keep UPI free for consumers and exempt eligible small P2PM merchants, as NPCI seeks to build a more sustainable payment ecosystem.

Updated : Sep 15, 2026

From ₹10 Lakh Opening To ₹268 Crore Worldwide: Hanuman Ansh’s Box Office Run

From ₹10 Lakh Opening To ₹268 Crore Worldwide: Hanuman Ansh’s Box Office Run

Updated : Sep 15, 2026

“13 Indian Seafarers Rescued, One Missing”: India On MT El Gaia Attack Off Oman Coast

“13 Indian Seafarers Rescued, One Missing”: India On MT El Gaia Attack Off Oman Coast

Updated : Sep 15, 2026

“Energy Cooperation Is Important”: MEA’s Randhir Jaiswal On Expanding India-Russia Energy Ties

“Energy Cooperation Is Important”: MEA’s Randhir Jaiswal On Expanding India-Russia Energy Ties

Updated : Sep 15, 2026

“Such Gimmicks Are Nothing New”: India Slams Pakistan’s PKR 70 Lakh Reward For Masood Azhar

“Such Gimmicks Are Nothing New”: India Slams Pakistan’s PKR 70 Lakh Reward For Masood Azhar

Updated : Sep 15, 2026

India exports 500 tonnes of hilsa to Bangladesh as fish trade flow reverses

According to traders, most of the consignments have been sourced from Gujarat and shipped through Bharuch port, while some supplies have moved through the Howrah wholesale fish market in West Bengal.

Updated : Sep 15, 2026

'Private sector must invest, must hire and compensate fairly': CEA Nageswaran asks India Inc to step up

Policy will play its part, but policy cannot be the only instrument that drives the economy forward, says CEA Nageswaran

Updated : Sep 15, 2026

UPI payments to remain free for P2P transactions; 0.4% MDR applicable only on merchant payments above ₹2,000: Govt

UPI payments between individuals will remain free irrespective of the transaction value, while a 0.4% Merchant Discount Rate (MDR) will apply to select person-to-merchant transactions above ₹2,000.