News

The Indian government is considering reintroducing merchant discount rate (MDR) charges on UPI and RuPay transactions for large merchants, impacting the digital payments landscape. This proposal aims to level the playing field between different payment platforms and ensure the financial sustainability of payment aggregators and fintech firms.

Commerce and Industry Minister Piyush Goyal is set to meet with export promotion councils on March 13th to discuss the recent US trade and tariff announcements. This meeting comes at a crucial time, as the two countries are engaged in ongoing negotiations for a bilateral trade agreement and facing the prospect of reciprocal tariffs imposed by the US.

Wikipedia co-founder Larry Sanger has urged Elon Musk to investigate potential government influence on the online encyclopedia, following Musk's criticism of the platform's alleged political bias. Sanger's request aligns with Musk's previous accusations of Wikipedia being controlled by "far-left activists" and his call for defunding the site.

Democratic strategist James Carville predicts the Trump administration will collapse within 30 days due to declining approval ratings and internal instability, while Trump dismisses the claim and asserts his administration's success. Public opinion remains divided, with conflicting poll results and uncertainty surrounding the administration's future.

Govardhan Reddy, a Bengaluru-based entrepreneur, highlighted the challenges faced by businesses due to inconsistencies in naming conventions across various government portals in India. He called for a unified naming standard to streamline processes and reduce administrative burdens for entrepreneurs.