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HDFC Bank Group General Counsel Sudhir Kumar Jha has retired effective September 30, 2026, ending a 22-year tenure that helped shape the lender’s legal and compliance architecture. The bank said Jha will no longer be part of senior management, while Jigar Shah is set to take over as General Counsel from October 1, 2026.
India is moving toward a new merchant discount rate framework for UPI that is designed to fund the platform’s rising infrastructure costs rather than generate a broad-based windfall. The proposed charge will apply only to large-value person-to-merchant transactions above Rs 2,000, while small merchants and everyday consumer payments remain shielded from fees. The policy is aimed at preserving UPI’s low-cost reach while creating a revenue stream for banks and payment apps that support the ecosystem.
HDFC Bank Group General Counsel Sudhir Kumar Jha has retired effective September 30, 2026, ending a 22-year tenure that helped shape the lender’s legal and compliance architecture. The bank said Jha will no longer be part of senior management, while Jigar Shah is scheduled to take over as General Counsel from October 1, 2026.
Shah Rukh Khan marked his 61st birthday by unveiling "Tu Mil Jaye," the first song from his upcoming film "King," giving fans an early look at one of Bollywood’s most closely watched projects. The track brings together composer duo Sachin-Jigar, singers Arijit Singh and Madhubanti Bagchi, and an English rap segment by Ed Sheeran, underscoring the film’s ambition to blend mainstream Hindi cinema with global pop appeal.
WhatsApp’s new global head, Kunal Shah, is signaling a broader strategic agenda for the messaging platform, with artificial intelligence, financial services and stronger user connections emerging as his stated priorities. In a social media post, Shah outlined a vision that suggests WhatsApp may deepen its role in everyday digital life well beyond chat, payments and calls.
Union Home and Cooperation Minister Amit Shah on Friday chaired a high-level review meeting in Ahmedabad to assess Gujarat’s law and order situation and internal security preparedness. The discussion underscored the Centre’s continuing focus on state-level policing, intelligence coordination and administrative readiness in one of India’s most strategically important states.
Union Home and Cooperation Minister Amit Shah inaugurated the memorial to the martyrs of the 1857 uprising in Ambala, underscoring the government’s effort to foreground the rebellion as a foundational moment in India’s freedom struggle. The event blended commemoration with political messaging, linking historical memory to contemporary national identity and civic pride.
Nifty may extend its recovery toward 23,500 if it decisively clears the 23,150–23,200 resistance band, according to SBI Securities technical analyst Sudeep Shah. He also outlined a selective market approach ahead of Diwali, flagging opportunities in large-cap, midcap and sector-specific names including TVS Motor, Coforge and ICICI Bank.
Shahbaz Ahmed’s commanding century and Mohammed Shami’s incisive new-ball burst put Bengal firmly in control in their Ranji Trophy clash against Kerala. The all-rounder followed his third first-class hundred with a valuable bowling contribution, while Shami’s three wickets dismantled the opposition’s top order and tilted the contest decisively.
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