India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
03 Oct, 2026, 04.48 PM IST
UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
02 Oct, 2026, 08.39 PM IST
October 2026 rule changes: No PUC, no fuel, higher Mumbai tolls, UPI charges and 4 more updatesOctober 2026 brings seven rule and policy changes that could affect motorists, businesses and consumers across India. The updates include D...
01 Oct, 2026, 09.13 PM IST
Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
01 Oct, 2026, 03.27 PM IST
AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactionsAIMRA is organizing a 'No UPI Day' on October 2 to protest against the proposed Merchant Discount Rate. The proposed charges are anticipate...
30 Sep, 2026, 05.03 PM IST
Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
30 Sep, 2026, 02.25 PM IST
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
28 Sep, 2026, 05.07 PM IST
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...
28 Sep, 2026, 01.14 PM IST
Mobile phone retailers to protest against UPI MDR charges on Oct 2Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...
27 Sep, 2026, 02.53 PM IST
NSE MD & CEO Ashish Chauhan says no government talks on new UPI MDR; expects brokers, clients to resolve issueNSE's Managing Director Ashish Chauhan mentioned there have been no government discussions about the new MDR on UPI payments. He indicated ...
26 Sep, 2026, 08.17 PM IST
UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...
25 Sep, 2026, 02.56 PM IST
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
25 Sep, 2026, 09.01 AM IST
Ministry of Finnace to engage with banks and traders to allay Merchant Discount Rate concernsIn an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...
24 Sep, 2026, 11.52 PM IST
UPI fee could recover up to Rs 15,000 crore annually while keeping most transactions freeNational Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...
24 Sep, 2026, 11.04 PM IST
GST Council to take view on 18% levy on UPI merchant fees: ReportThe GST Council will meet on October 7 to discuss GST levy on UPI merchant fees exceeding Rs 2,000. The government has proposed a 0.4 perce...
24 Sep, 2026, 10.12 PM IST
Proposed 0.4% UPI MDR could recover Rs 15,000 crore in first year: NPCI chiefGold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...
24 Sep, 2026, 07.29 PM IST
NPCI says GST on UPI MDR will not burden small merchantsNPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...
22 Sep, 2026, 01.24 PM IST