Sameer Nigam on UPI MDR: 'We Don't Want Subsidies From The Government'

A political controversy has erupted following the National Payments Corporation of India's announcement of a 0.4% merchant discount rate levy on Unified Payments Interface transactions exceeding 2,000 rupees. The opposition has criticised the decision, alleging that the move surrenders to American pressure and benefits digital payment companies with significant foreign shareholding. In response, the ruling Bharatiya Janata Party rejected the allegations, clarifying that the merchant discount rate charge will be borne exclusively by merchants rather than consumers. The government maintained that 96% of transactions remain unaffected, stating the charge ensures platform robustness without impacting the public.

The US House of Representatives is set to vote on a key bill that proposes tariffs of up to 100% on countries purchasing Russian oil, potentially impacting Indian goods. Having previously passed the US Senate on August 8, the legislation has been fast-tracked and now heads towards the US House. If approved by the US Congress and signed into law by the US President, it would grant the authority to impose secondary tariffs on nations trading in Russian oil. The measure gives presidential discretion on whether and where to levy such penalties, raising concerns in India over the weaponisation of international trade tariffs.

A special report highlights the transformation in Uttar Pradesh under the Jal Jeevan Mission's Har Ghar Nal Yojana, focusing on the remote village of Lahuri Yadav in Mirzapur.

This special broadcast covers major national security, geopolitical, and cultural developments. The programme details the maritime incident in international waters near the Gulf of Oman, where Pakistan Navy offshore patrol vessel PNS Hunain executed an unsafe manoeuvre and collided with a frontline Indian Navy warship, prompting India to lodge formal diplomatic protests citing the 1991 bilateral military agreement.