Month: September 2026

In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge

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In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge

Transactions of ₹2,000 or more in essential and thin-margin sectors, such as railways, telecommunications, insurance, fuel, and agricultural inputs, will attract a flat MDR of ₹5 per transaction. File image for representation only. | Photo Credit: Allen Egenuse J The new Merchant Discount Rate (MDR) on UPI will affect a tiny proportion of UPI users,…

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Business

Rupee loses 7 paise to settle at 95.95 against U.S. dollar

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Rupee loses 7 paise to settle at 95.95 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee stayed weak for the seventh consecutive session, declining 7 paise to 95.95 (provisional) against the U.S. dollar on Wednesday (September 16, 2026), tracking a strong greenback overseas and foreign fund outflows. Forex traders said the rupee’s slide was capped by positive domestic…

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Business

Telangana Assembly session LIVE Sept 16: Telangana CM says 98.31 lakh acres have to be in prohibited (properties) list

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Telangana Assembly session LIVE Sept 16: Telangana CM says 98.31 lakh acres have to be in prohibited (properties) list

Telangana Chief Minister A. Revanth Reddy speaking in the Assembly on Wednesday (September 16, 2026) The monsoon session of the Telangana Assembly will resume on Wednesday (September 16, 2016), after being adjourned for three days from Sunday (September 13, 2016). The short discussion on the issues related to Section 22A of Registrations Act continued in…

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Nation

India voices concern over attempted drone attack on Mecca

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India voices concern over attempted drone attack on Mecca

Muslims perform Umrah at the Grand Mosque in Mecca, Saudi Arabia. File | Photo Credit: Reuters India has expressed deep concern over a drone attack reported near Mecca in Saudi Arabia, reiterating its condemnation of attacks on the sovereign territory of the Kingdom and actions that threaten civilian lives and infrastructure. Responding to media queries,…

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World

EU chief pitches ‘associate member’ status for Canada

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EU chief pitches ‘associate member’ status for Canada

EU chief Ursula Von der Leyen told the European Parliament in Strasbourg that as democracies face a “fracture in the international rules-based system”, Brussels and Ottawa needed to pull closer together. File | Photo Credit: AP EU chief Ursula von der Leyen raised the prospect on Wednesday (September 16, 2026) of Canada becoming the 27-nation…

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World

Best non-vegetarian food in Madurai: 8 iconic messes and what to order

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Best non-vegetarian food in Madurai: 8 iconic messes and what to order

A spicy non-vegetarian spread | Photo Credit: Getty Images/iStockphoto Amsavalli Bhavan Amsavalli is a good place to begin your day if you are looking for a heavy breakfast. Started 75 years ago, the restaurant on East Veli Street has an old-world charm: think marble-topped tables and a hand-painted nameboard. They are best known for their…

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IPL 2027 auction likely to return to India, says league chairman Arun Dhumal

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IPL 2027 auction likely to return to India, says league chairman Arun Dhumal

The past three editions of the auction were held in Dubai, Jeddah (mega auction) and Abu Dhabi | Photo Credit: The Hindu The IPL players’ auction for the 2027 season is set to be held in India with league chairman Arun Dhumal saying that he is keen to bring the event back home after holding…

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Sports

Varun Chakravarthy ruled out of Asian Games, Vipraj Nigam to replace him

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Varun Chakravarthy ruled out of Asian Games, Vipraj Nigam to replace him

File picture of Varun Chakravarthy bowling during the ICC Men’s T20 World Cup | Photo Credit: Getty Images Young leg-spin all-rounder Vipraj Nigam will replace Varun Chakravarthy in India’s Asian Games squad after the senior spinner was ruled out of the continental event with a side strain. The Asian Games will begin on September 19…

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Sports

Saudi Arabia calls attempted Mecca attack ‘red line’ as Iran-backed Houthis deny they did it

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Saudi Arabia calls attempted Mecca attack ‘red line’ as Iran-backed Houthis deny they did it

The Houthis denied firing drones toward Mecca, about 1,100 kilometres from Yemen’s border. File | Photo Credit: Gettyimages/iStockphoto Saudi Arabia accused Yemen’s Iran-backed Houthi rebels overnight of trying to attack Islam’s holiest city, prompting condemnation from countries in the region but no sign of military support. The kingdom, a key U.S. ally, declared Mecca a…

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World

Union Cabinet approves raising EPFO wage ceiling to ₹25,000 per month

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Union Cabinet approves raising EPFO wage ceiling to ₹25,000 per month

The contributions of the employees and employers towards the EPS will also increase as per the new wage ceiling. File. | Photo Credit: The Hindu The Union Cabinet has approved the enhancement of the the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) to ₹25,000 per month from ₹15,000, Minister of…

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Nation