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The Ministry of Finance said that person-to-person transactions, which will be exempt, constitute 70% of the value of total UPI transactions. It added that only 4% of UPI transactions at merchants will attract the charge.
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The government notified changes in the Payment And Settlement Act, 2007
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Inflation in August as measured by the Consumer Price Index (CPI) rose to a 20-month-high of 4.8%, driven up by rising food prices
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FPIs have been net sellers of Indian equities for most of 2026. Their cumulative net outflow from the stock market has reached ₹2,37,579 crore in the first eight months and 10 days of the year.
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Commerce Minister Piyush Goyal will also be travelling to the U.S. at the end of September, during which he will likely hold a bilateral meeting with his U.S. counterpart to discuss trade issues, including the much-delayed interim trade agreement announced in February.
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According to Commerce Secretary Rajesh Agrawal, this was the first time that merchandise export growth surpassed growth in imports in percentage as well as absolute value terms
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The court ruled late on Monday (September 14, 2026) in an emergency order that the restrictions on mail-in voting would likely lose in court, at least for this year's election.
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The three-member tribunal (ICT-2) headed by Justice Mohammad Nazrul Islam Chowdhury delivered the verdict against the seven, who were tried in absentia
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September 15 hearing is expected to be no less contentious given Democrats’ fierce criticism of Kash Patel’s leadership and conduct
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We urge the U.S. side to stop expanding its military capabilities and preparing for war in outer space, Foreign Ministry spokesperson Guo Jiakun said
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Lithuania's military said that the incident marked the first time that a drone had been shot down in the country's airspace
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