UPI MDR framework needs rationalisation to protect public trust: Report

Economic Times - Oct 11, 2026

UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long-term economic benefits outweighing the incremental income that could accrue from merchant transaction fees, the report titled 'UPI at a Crossroads: Reintroducing the MDR' released by IIT Bombay said.

Read full article

More News

UP Businessman, Who Married Woman 11 Years Older, Shot Dead In Broad Daylight; Police Probe Family Dispute

Oct 11, 2026

UP Businessman, Who Married Woman 11 Years Older, Shot Dead In Broad Daylight; Police Probe Family Dispute

According to police, Singh had married a 40-year-old woman around a year ago. His family has blamed Singh's in-laws for his murder.

Apple’s Tim Cook kicks off China visit amid mixed signals on new iPhone demand

Oct 11, 2026

Apple’s Tim Cook kicks off China visit amid mixed signals on new iPhone demand

Apple executive chairman Tim Cook has begun his third visit to China this year, following the launch of the iPhone 18 Pro line-up and the iPhone Duo, the company’s first foldable device, in one of its biggest markets. Cook met Meng Fanli, governor of the southern province of Guangdong, on Sunday and said Apple was willing to expand its presence, including in smart manufacturing and sales channels. As an important manufacturing powerhouse, Guangdong had been essential to Apple’s growth in China,...

Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation

Oct 11, 2026

Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation

Nuvacore is seeking to raise the funds as the appetite for central processors has swollen due to the thirst for data-crunching capacity to power chatbots such as Anthropic's Claude. CPUs perform vital functions as traffic controllers for Nvidia's AI chips and run autonomous AI software known as agents.

Qualcomm and Arm jury to return next week after deliberations in contract dispute case

Oct 11, 2026

Qualcomm and Arm jury to return next week after deliberations in contract dispute case

The five-day trial that wrapped up this week was the second in two years between the companies, highlighting the deterioration of their business relationship after SoftBank Group acquired control of Arm in 2016 and Arm shifted from licensing the technology needed to make chips to selling chips of its own.

Chennai-Bound IndiGo Flight Diverted To Hyderabad After Electronic Device Catches Fire In Plane

Oct 11, 2026

Chennai-Bound IndiGo Flight Diverted To Hyderabad After Electronic Device Catches Fire In Plane

IndiGo flight 6E 6115 from Delhi to Chennai was diverted to Hyderabad after smoke was detected from a passenger’s electronic device. The aircraft landed safely.

Your Refrigerator Is Smarter Than Ever. But Does It Need to Be?

Oct 11, 2026

Your Refrigerator Is Smarter Than Ever. But Does It Need to Be?

The refrigerator may be the most hardworking gadget in the house. It runs all day, every day, rarely gets switched off, and usually gets noticed only when something goes wrong.

Amazon Great Indian Festival Day 4: Best Microwave Ovens And Air Fryers Under Rs. 10,000 For Festive Cooking

Oct 11, 2026

Amazon Great Indian Festival Day 4: Best Microwave Ovens And Air Fryers Under Rs. 10,000 For Festive Cooking

From Panasonic and Godrej microwaves to Philips and Havells air fryers, here are the best picks under Rs. 10,000 for Diwali cooking on Amazon.

‘Youth Run Punjab 2026’: Thousands Join Amritsar Marathon Under Anti-Drug Campaign

Oct 11, 2026

‘Youth Run Punjab 2026’: Thousands Join Amritsar Marathon Under Anti-Drug Campaign

Thousands joined Youth Run Punjab 2026 in Amritsar under the AAP’s ‘Yudh Nashean Virudh’ campaign to promote fitness and a drug-free Punjab.

Maharashtra Man Pushes Girlfriend Into Gorge After She Reveals Arranged Marriage Plan

Oct 11, 2026

Maharashtra Man Pushes Girlfriend Into Gorge After She Reveals Arranged Marriage Plan

Shripad had initially claimed that the woman, Tarannum Bashir Naik (23), had gone missing. Subsequently, he confessed to pushing her into the gorge.

'Protest Won't Stop': CJP Vows To Continue Stir, Calls On Opposition Parties To Join Agitation

Oct 11, 2026

'Protest Won't Stop': CJP Vows To Continue Stir, Calls On Opposition Parties To Join Agitation

CJP's Saurav Das criticised the police action against protesters on Saturday, saying, "Whole Delhi has been converted into a fortress."

‘Loss Of Faith In Multilateralism’: India Hits Back At UN Human Rights Office Over ‘Double Standards’

Oct 11, 2026

‘Loss Of Faith In Multilateralism’: India Hits Back At UN Human Rights Office Over ‘Double Standards’

India has hit back at the UN human rights office over its remarks on events in New Delhi, accusing it of ‘double standards’ and calling its concerns unwarranted.

Recommended