"Another example of Modi Govt’s FAST (First Announce, Subsequently Think) moves": Jairam Ramesh on new UPI rules

Sep 15, 2026

Congress General Secretary in-charge of Communications and Member of Parliament Jairam Ramesh on Tuesday criticised the Centre over the revised framework for Merchant Discount...

SEBI examining operational concerns over new MDR framework: Chairman Tuhin Kanta Pandey

Sep 17, 2026

Capital markets regulator SEBI will examine operational concerns flagged by stockbrokers and Asset Management Companies (AMCs) regarding the newly introduced Merchant Discount Rate (MDR)...

BharatPe supports new MDR framework, says Ashneer Grover’s views do not represent company’s position

Sep 17, 2026

The company also said that any views expressed by Ashneer Grover on the MDR framework are entirely in his individual capacity and do not...

Imposing UPI MDR to consumers a ‘criminal offence’: Centre hits back as Opposition alleges ‘surrender’ to US pressure

Sep 16, 2026

A fierce political tug-of-war has erupted over the revised Unified Payments Interface (UPI) Merchant Discount Rate (MDR) framework, drawing a sharp contrast between the...

"U-turn on U-turn?": Jairam Ramesh questions deferment of UPI MDR charges until after Diwali

Oct 13, 2026

In an X post, Ramesh pointed out how Union Finance Minister Nirmala Sitharaman explicitly denied plans to impose MDR on UPI in Parliament earlier,...

RBI backs government’s MDR framework, calls it ‘important step’ towards sustainable UPI ecosystem

Sep 16, 2026

The Reserve Bank of India (RBI) has backed the government’s latest Merchant Discount Rate (MDR) framework for UPI merchant transactions, calling it an “important...