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Starting 15 Oct, UPI will introduce a capped merchant fee on transaction values above 2,000, while remaining entirely free for consumers and most small vendors. The policy shift provides a sustainable revenue model to upgrade digital infrastructure and align UPI with global payment standards.
The top-performing states retained their leading positions from last year as the overall median score improved to 40 from 36.
The global private-equity firm plans to expand beyond large buyouts into data centres, infrastructure, mid-market companies, venture capital and secondary transactions in India.
Transferring capital from an NRO account to an NRE account is fully permitted, but it remains strictly regulated by tax and foreign exchange rules.
Succession planning for account access, earnings, intellectual property and commercial agreements is essential.
The 8th Central Pay Commission will visit Bengaluru on October 7-8, meeting with employee unions and pensioner associations to discuss various demands. Chaired by Justice Ranjana Prakash Desai, it aims to release final recommendations by May 2027.
Amazon employees in the US will see wage increases, starting at $20/hour for core roles, with average pay nearing $24/hour and total compensation over $32/hour.
MDR on UPI payments is not expected to significantly impact overall transaction volumes, given that only 4% of total UPI transactions are expected to be eligible for such a charge. However, the charge has created a lot of noise around its potential impact on UPI usage
SBI is hiring for senior roles, including a Group Chief Information Security Officer, with IT qualifications. Marketing Executive and Dean positions are also available.
A deal would relieve pressure on Intel, which has been struggling, and mark a big win for the Trump administration, which has been ramping up pressure on chipmakers to build in the US as relentless investment in AI and data centres fuels an acute shortage of memory chips
UPI will remain free for all person-to-person transactions, merchant payments up to 2,000, and for small merchants, as per the NPCI's MDR framework. The organisation said it aims to promote digital payments and ensure UPI's sustainability.
InsuranceDekho just completed one of the largest mergers in the segment with RenewBuy and is headed for a public listing over the next year.
Decathlon Indias wholesale business has grown 20-fold in five years and now contributes 10% of India revenue, with schools, smaller cities and sports communities offering further headroom.

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