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mobile retailers' body

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Last Updated: Just Now

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Startups & Venture Capital Just now (05:49 AM IST)

Mobile Retailers to Protest UPI MDR Charges on October 2 as Cost Burden Mounts

Mobile phone retailers are set to protest on October 2 against proposed UPI merchant discount rate charges, warning that even a 0.4% MDR would sharply raise operating costs for small shops. The retailers' body says the levy could drain about Rs 40 crore a month and nearly Rs 500 crore a year from the sector, intensifying pressure on thin-margin businesses that rely heavily on digital payments.

By RDU Global Wire5 min read

Education, Jobs & Careers3h ago

Three Arrested in Tirupattur After Schoolboy Abduction, Rs 50 Lakh Ransom Bid Foiled

Police in Tirupattur district arrested three young men accused of abducting a 17-year-old school student and demanding Rs 50 lakh from his father for his release. The boy was traced to a hideout in Bengaluru and rescued safely after a coordinated operation involving CCTV analysis, mobile signal tracking and local police assistance.

4 min readRead →

National Governance & Policy5h ago

Telangana eyes tourism coupons to lure Hyderabad IT workers into weekend travel boom

The Telangana government is weighing a new "Tourism Coupons" initiative aimed at encouraging Hyderabad's large IT workforce to travel across the state on weekends, in a bid to expand domestic tourism and spotlight lesser-known destinations. The proposal comes alongside a much larger push to use AI, digital tools and private investment to position Telangana as a major tourism hub, with officials now targeting Rs 50,000 crore in tourism investments and 5 lakh jobs.

5 min readRead →

Markets, IPOs & Wealth2h ago

True North Buys Minority Stake in IPO-Bound InMobi in $50-60 Mn Deal

Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.

5 min readRead →

National Governance & Policy5h ago

12 Years of Make in India: Phones, Defence and PLI Turn Policy Into Output

As Make in India marks 12 years, the initiative has evolved from a broad manufacturing ambition into a measurable industrial push, with electronics, mobile phones, defence exports and PLI-backed production emerging as its clearest wins. Yet the next phase will hinge on whether India can move beyond assembly-led growth to deeper domestic value addition in components, semiconductors and advanced manufacturing.

5 min readRead →

India Entertainment & Culture7h ago

'Meesaya Murukku 2' Review: Hiphop Tamizha Adhi's Ambitious Gaana Drama Loses Its Beat

Hiphop Tamizha Adhi's Meesaya Murukku 2 sets out to be more than a rise-of-the-underdog story, weaving together gaana music, caste and class barriers, nepo-kid culture and generational conflict. But despite a few affecting moments and a strong central idea, the film struggles with uneven writing, thin characterisation and a crowded narrative that never quite finds its rhythm.

6 min readRead →

World Politics & Diplomacy5h ago

Lula Moves to Ban Fixed-Odds Sports Betting Days Before Brazil Votes

President Luiz Inácio Lula da Silva has moved to ban fixed-odds sports betting in Brazil just a week before the country's presidential election, a dramatic intervention that places gambling regulation at the center of the campaign's final stretch. The decision underscores the political sensitivity of online betting in Latin America's largest democracy, where regulators, operators and voters are now confronting a sudden shift in policy with major economic and electoral implications.

4 min readRead →

Banking, Fintech & Insurance6h ago

MDR on select UPI transactions is not a tax or surcharge, will not hit consumers, Sitharaman says

Finance Minister Nirmala Sitharaman has pushed back against criticism of the proposed Merchant Discount Rate on select high-value UPI transactions, saying it is neither a tax, cess nor surcharge and will not flow to the government. She said the charge is part of the digital payments ecosystem, will be borne by merchants, and is intended to support infrastructure and innovation in UPI.

5 min readRead →

World Politics & Diplomacy9h ago

Natural Diamond Prices Sink to Record Lows as Oversupply and Lab-Grown Gems Reshape the Market

Natural diamond prices have fallen more than 50% from 2021 levels, pressured by a glut of mined stones and the rapid rise of far cheaper lab-grown alternatives. The downturn is forcing a reckoning across the global diamond trade, as consumers rethink value, retailers adapt to new demand patterns, and producers scramble to stabilize a market that has lost much of its pricing power.

7 min readRead →

Defence, Intelligence & Aerospace44m ago

Diesel at Record Highs Sends Shockwaves Through Markets, Trucking and the Wider Economy

Record-high diesel prices are rippling far beyond the fuel pump, squeezing truckers, lifting shipping costs and adding fresh inflationary pressure to an already fragile global economy. The surge, driven in part by the war in Iran and tight fuel supplies, is creating winners and losers across markets while exposing how dependent nearly every sector remains on diesel-powered transport.

4 min readRead →

World Politics & Diplomacy5h ago

Amazon Canada's Early Prime Day Push Signals a Bigger October Shopping Battle

Amazon Canada is rolling out early October Prime Day discounts ahead of its Prime Big Deal Days event, with deals spanning home appliances, skincare and major tech brands. The promotions, highlighted by Yahoo Lifestyle Canada and echoed across outlets including WIRED and PCMag, underscore how Amazon is extending the shopping window and intensifying competition before the official sale begins.

4 min readRead →

Global Society & Public Affairs7h ago

PlayStation Fans Turn Sony Survey Into Protest Over Reported Disc Phaseout Plans

A new PlayStation survey has become a flashpoint for backlash after players used it to push Sony to abandon reported plans to end physical game discs. The dispute comes as Sony has already said physical disc production for new PlayStation games will end in January 2028, intensifying fears among collectors, retailers and publishers who still rely on boxed releases.

4 min readRead →

Retail, FMCG & E-commerceSept 26, 2026

Amazon India Plans $3 Billion Investment in Quick Commerce by 2030

Amazon India is set to invest $3 billion in its quick commerce arm, Amazon Now, aiming to enhance delivery speed and expand its market presence by 2030. This strategic move reflects the company's commitment to the rapidly evolving e-commerce landscape in India.

3 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside mobile retailers' body:

India(1)