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India’s Prime Minister has expressed gratitude to Grenada’s Prime Minister for congratulating him on completing 25 years of service as head of government. The exchange underscores the diplomatic value India places on personal ties with Caribbean partners, even as New Delhi continues to deepen its outreach across the Global South.
The Indian government is preparing to publish a consultation paper on artificial intelligence regulation as policymakers weigh how to balance innovation, safety and accountability, Union IT Minister Ashwini Vaishnaw said on Thursday. The move comes amid mounting uncertainty over AI’s rapid adoption across startups, enterprise technology and public services, and signals the beginning of a broader policy process rather than an immediate regulatory clampdown.
Asset reconstruction companies have pressed the government for procedural reforms to accelerate debt recovery, arguing that delays in Debt Recovery Tribunals are weakening enforcement under the Sarfaesi framework. Their proposals include automatic expiry of interim stays after two months, stronger creditor notification systems, faster filling of tribunal vacancies, and expanded electronic litigation services.
India is preparing to introduce a merchant discount rate on select UPI transactions from October 15, but officials say the government will monitor compliance daily to ensure payment charges are not passed on to consumers. The move reflects a delicate balancing act: preserving the rapid expansion of digital payments while creating a revenue stream that can help smaller merchants absorb transaction costs.
Chennai’s Government College of Fine Arts, one of India’s oldest art institutions, stands as a rare bridge between colonial-era art education and the country’s modern creative movements. From its beginnings as the Madras School of Arts to its later reform under leading artists and educators, the college has shaped generations of painters, sculptors and visual thinkers.
Chennai’s Government College of Fine Arts, founded in the 19th century as the Madras School of Arts, stands as one of India’s most consequential art institutions, with a legacy shaped by reform, pedagogy and artistic exchange. From Devi Prasad Roy Choudhury’s formal curriculum to KCS Paniker’s modernist influence, the college helped define generations of artists who carried its imprint into local and international movements.
Government sources have clarified that the proposed 0.4% merchant fee on select UPI transactions above Rs 2,000 will not be charged to consumers, seeking to calm concerns over a possible rise in digital payment costs. While only a small portion of UPI transactions may be affected, the levy is expected to be shared among banks and other stakeholders within the payments ecosystem.
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