The Indian government is considering reintroducing MDR charges on UPI and RuPay transactions for large merchants, aiming to level the playing field for payment platforms and ensure the financial sustainability of payment service providers. This move, however, remains a contentious issue with potential implications for large retailers and the overall digital payments landscape in India.
Kangana Ranaut defended Eknath Shinde's rise to power in Maharashtra, criticizing Shankaracharya Swami Avimukteshwaranand Saraswati for supporting Uddhav Thackeray and accusing him of using derogatory language. Meanwhile, Juna Akhada's Mahant Narayan Giri and Mahant Raju Das of Ayodhya's Hanumangarhi Temple criticized Saraswati for his selective outrage and questioned his silence on the Palghar sadhus lynching incident.
The Indian government has surpassed its dividend collection target from CPSEs in FY25, exceeding the revised target of Rs 55,000 crore and highlighting its focus on boosting non-tax revenue collections. This achievement is attributed to the government's new guidelines on CPSE capital restructuring and the significant contributions from oil and gas companies.
A Reddit post by a young man sparked debate on social media, alleging gender bias in his workplace where women receive preferential treatment in promotions and consequences for mistakes, while men face longer work hours and limited mentorship. The discussion highlighted concerns about gender policies in hiring and promotions, with some questioning their fairness and effectiveness.
Coinbase, a leading cryptocurrency exchange, has registered with India's Financial Intelligence Unit, paving the way for its entry into the country's growing digital asset market. The company plans to launch retail trading services later this year, aiming to capitalize on the rising interest in cryptocurrencies among Indian investors.