Hyderabad cricket team

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India Entertainment & Culture 04 Oct 2026, 04:03 PM IST

Media, Entertainment Sector Set for Better Q3FY27 Growth on Festive Spending, Late Diwali: Nuvama

India’s media and entertainment sector is likely to see improved growth in Q3FY27, supported by stronger festive spending and a richer content pipeline, according to Nuvama. The brokerage said the timing of Diwali, falling later in the quarter, should aid advertising demand and consumer engagement across television, digital and cinema-linked formats.

By RDU Global Wire5 min read

Banking, Fintech & Insurance04 Oct 2026, 12:37 AM IST

New UPI Merchant Fee Could Lift Effective Cost to 47.2 bps After GST

India’s new UPI merchant discount rate framework, effective October 15, introduces a 0.4% charge on person-to-merchant transactions above Rs 2,000, with a cap of Rs 300 on payments of Rs 75,000 and above. While consumers will not be charged, the GST treatment of the fee could raise the effective cost for merchants to about 47.2 basis points, sharpening concerns across retail, mobility and other high-frequency payment sectors.

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National Governance & Policy03 Oct 2026, 06:03 PM IST

Harivansh Leads Indian Parliamentary Delegation at 153rd IPU Assembly in Tanzania

Rajya Sabha Deputy Chairman Harivansh led India’s parliamentary delegation to the 153rd Assembly of the Inter-Parliamentary Union in Tanzania, underscoring New Delhi’s continued emphasis on parliamentary diplomacy and multilateral engagement. The visit places India within a global forum where legislatures debate governance, democratic resilience, and international cooperation at a time of shifting geopolitical and institutional pressures.

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Banking, Fintech & Insurance03 Oct 2026, 02:56 PM IST

Cube Highways Trust Raises Rs 1,150 Crore via AAA-Rated NCDs in Refinancing Push

Cube Highways Trust has secured Rs 1,150 crore through the issuance of senior secured, AAA-rated non-convertible debentures at a coupon of 7.50% per annum, payable quarterly over five years. The transaction, backed by Axis Bank and ICICI Bank, is part of a broader Rs 4,500 crore financing programme aimed at refinancing debt and funding ongoing capital projects.

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Banking, Fintech & InsuranceJust now (07:11 PM IST)

Proposed 0.4% UPI MDR Could Recover Rs 15,000 Crore in Year One, Says NPCI Chief

A proposed 0.4% merchant discount rate on UPI transactions could generate as much as Rs 15,000 crore in the first year, according to the NPCI chief, reviving debate over how India should fund the fast-growing digital payments ecosystem. The proposal comes as policymakers weigh the trade-off between keeping UPI free for users and ensuring a viable commercial model for banks, payment firms and merchants.

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Tripura cricket team(5)Tripura(5)Hyderabad(5)New Delhi(3)India(3)Tanay(2)