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Politics

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Swarajya

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The National Payments Corporation of India (NPCI) will introduce a Merchant Discount Rate (MDR) on selected Person-to-Merchant (P2M) UPI transactions from 15 October, creating a new revenue model for an ecosystem that has so far largely operated without merchant charges.

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UPI MDR From October 15: NPCI Sets 0.4 Per Cent Merchant Fee On Payments Above Rs 2,000, Caps Charge At Rs 300 #DH_SHARE_URL# By Swarajya via Dailyhunt

UPI MDR From October 15: NPCI Sets 0.4 Per Cent Merchant Fee On Payments Above Rs 2,000, Caps Charge At Rs 300

https://swarajyamag.com/news-brief/upi-mdr-from-october-15-npci-sets-04-per-cent-merchant-fee-on-payments-above-rs-2000-caps-charge-at-rs-300

India's overall trade deficit narrowed to $9.41 billion in August 2026 from $11.62 billion a year earlier, helped by stronger growth in exports of both goods and services, according to government data released on Tuesday.

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India's Trade Deficit Shrinks In August As Total Exports Jump 25.41 Per Cent To $82.68 Billion #DH_SHARE_URL# By Swarajya via Dailyhunt

India's Trade Deficit Shrinks In August As Total Exports Jump 25.41 Per Cent To $82.68 Billion

https://swarajyamag.com/news-brief/indias-trade-deficit-shrinks-in-august-as-total-exports-jump-2541-per-cent-to-8268-billion

Selling machinery from Pune to S&atilde;o Paulo means borrowing in dollars, insuring in London and paying through American banks, and any of those can be switched off.

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Quietly, BRICS Starts Assembling a New Trade Finance System #DH_SHARE_URL# By Swarajya via Dailyhunt

Quietly, BRICS Starts Assembling a New Trade Finance System

https://swarajyamag.com/economy/quietly-brics-starts-assembling-a-new-trade-finance-system

The 10-year US Treasury yield climbed above 5 per cent on Monday (14 September), reaching its highest closing level since 2007 and intensifying concerns over the sustainability of US government debt.

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US Bond Market Rout Intensifies With 10-Year Yields Reaching Highest Level Since 2007 #DH_SHARE_URL# By Swarajya via Dailyhunt

US Bond Market Rout Intensifies With 10-Year Yields Reaching Highest Level Since 2007

https://swarajyamag.com/news-brief/us-bond-market-rout-intensifies-with-10-year-yields-reaching-highest-level-since-2007

India's retail inflation jumped to 4.82 per cent in August from 4.45 per cent in July, driven by higher food and fuel prices, according to data released by the Ministry of Statistics and Programme Implementation today.

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Retail Inflation Jumps To 4.82 Per Cent In August, Marking Third Consecutive Month Above RBI's 4 Per Cent Target #DH_SHARE_URL# By Swarajya via Dailyhunt

Retail Inflation Jumps To 4.82 Per Cent In August, Marking Third Consecutive Month Above RBI's 4 Per Cent Target

https://swarajyamag.com/news-brief/retail-inflation-jumps-to-482-in-august-marking-third-consecutive-month-above-rbis-4-target

India's wholesale inflation increased to 9.92 per cent in August 2026, up from 9.78 per cent in July, as higher fuel and power prices continued to put pressure on wholesale prices, according to provisional data released by the Ministry of Commerce and Industry.

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India's WPI Inflation Rises To 9.92 Per Cent In August 2026 As Fuel And Manufacturing Costs Remain Elevated #DH_SHARE_URL# By Swarajya via Dailyhunt

India's WPI Inflation Rises To 9.92 Per Cent In August 2026 As Fuel And Manufacturing Costs Remain Elevated

https://swarajyamag.com/news-brief/indias-wpi-inflation-rises-to-992-per-cent-in-august-2026-as-fuel-and-manufacturing-costs-remain-elevated

Foreign portfolio investors (FPIs) pulled out Rs 13,138 crore from Indian equities in the first two weeks of September, reversing a two-month buying streak as heightened global uncertainty pushed crude oil prices higher and rising US bond yields weighed on risk appetite.

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Foreign Portfolio Investors Pull Rs 13,138 Crore From Indian Equities In September So Far As Global Risk Appetite Weakens #DH_SHARE_URL# By Swarajya via Dailyhunt

Foreign Portfolio Investors Pull Rs 13,138 Crore From Indian Equities In September So Far As Global Risk Appetite Weakens

https://swarajyamag.com/economy/foreign-portfolio-investors-pull-rs-13138-crore-from-indian-equities-in-september-so-far-as-global-risk-appetite-weakens

India has clarified that there is no proposal for a common BRICS currency at present, despite ongoing discussions about trade in local currencies amongst member nations.

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No BRICS Currency Proposal 'As Of Now', India Says As Bloc Pushes Local-Currency Trade And Cross-Border Payment Links #DH_SHARE_URL# By Swarajya via Dailyhunt

No BRICS Currency Proposal 'As Of Now', India Says As Bloc Pushes Local-Currency Trade And Cross-Border Payment Links

https://swarajyamag.com/economy/no-brics-currency-proposal-as-of-now-india-says-as-bloc-pushes-local-currency-trade-and-cross-border-payment-links

India's foreign exchange reserves surged by $44.90 billion to a record $785.71 billion in the week ended 4 September, marking the largest weekly increase on record.

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India Overtakes Russia To Become World's Fourth-Largest Forex Reserve Holder As Reserves Hit Record $785.71 Billion #DH_SHARE_URL# By Swarajya via Dailyhunt

India Overtakes Russia To Become World's Fourth-Largest Forex Reserve Holder As Reserves Hit Record $785.71 Billion

https://swarajyamag.com/economy/india-overtakes-russia-to-become-worlds-fourth-largest-forex-reserve-holder-as-reserves-hit-record-78571-billion

Trade negotiations between India and Peru have entered their final phase, with Lima now targeting 2027 for signing a comprehensive free trade agreement.

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India-Peru Trade Pact Moves Closer To Conclusion As Lima Targets 2027 Signing, Critical Minerals And Tariffs Remain In Focus #DH_SHARE_URL# By Swarajya via Dailyhunt

India-Peru Trade Pact Moves Closer To Conclusion As Lima Targets 2027 Signing, Critical Minerals And Tariffs Remain In Focus

https://swarajyamag.com/economy/india-peru-trade-pact-moves-closer-to-conclusion-as-lima-targets-2027-signing-critical-minerals-and-tariffs-remain-in-focus

Odisha secured investment proposals worth Rs 2.43 lakh crore during a three-day outreach programme in the United Arab Emirates that concluded on 11 September.

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Odisha Secures Rs 2.43 Lakh Crore Investment Proposals During UAE Outreach, Potential To Create Over 6.18 Lakh Jobs #DH_SHARE_URL# By Swarajya via Dailyhunt

Odisha Secures Rs 2.43 Lakh Crore Investment Proposals During UAE Outreach, Potential To Create Over 6.18 Lakh Jobs

https://swarajyamag.com/economy/odisha-secures-rs-243-lakh-crore-investment-proposals-during-uae-outreach-potential-to-create-over-618-lakh-jobs

The Reserve Bank of India announced open market operations sales of government securities worth Rs 1 lakh crore in three tranches, with the first auction scheduled for 17 September.

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RBI To Sell Rs 1 Lakh Crore Of Government Securities In September As Banking System Flush With Surplus Liquidity #DH_SHARE_URL# By Swarajya via Dailyhunt

RBI To Sell Rs 1 Lakh Crore Of Government Securities In September As Banking System Flush With Surplus Liquidity

https://swarajyamag.com/economy/rbi-to-sell-rs-1-lakh-crore-of-government-securities-in-september-as-banking-system-flush-with-surplus-liquidity

The European Commission has submitted the India-EU free trade agreement to the Council of the European Union for approval, moving the landmark pact closer to formal signature.

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India-EU Free Trade Agreement Moves Closer To Signing As European Commission Sends Pact To EU Council For Approval #DH_SHARE_URL# By Swarajya via Dailyhunt

India-EU Free Trade Agreement Moves Closer To Signing As European Commission Sends Pact To EU Council For Approval

https://swarajyamag.com/economy/india-eu-free-trade-agreement-moves-closer-to-signing-as-european-commission-sends-pact-to-eu-council-for-approval

Commerce and Industry Minister Piyush Goyal today (11 September) urged BRICS member and partner countries to link their payment systems, encourage trade in local currencies, and make digital trade more accessible globally.

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Link Payment Systems, Trade In Local Currencies: Piyush Goyal Pushes BRICS For Deeper Financial And Trade Integration #DH_SHARE_URL# By Swarajya via Dailyhunt

Link Payment Systems, Trade In Local Currencies: Piyush Goyal Pushes BRICS For Deeper Financial And Trade Integration

https://swarajyamag.com/economy/link-payment-systems-trade-in-local-currencies-piyush-goyal-pushes-brics-for-deeper-financial-and-trade-integration

India's merchandise exports are estimated to register growth of over 15 per cent year-on-year during April-August, Commerce and Industry Minister Piyush Goyal announced on Wednesday (9 September).

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India's Merchandise Exports Estimated To Rise Over 15 Per Cent In April-August Despite Global Trade Headwinds #DH_SHARE_URL# By Swarajya via Dailyhunt

India's Merchandise Exports Estimated To Rise Over 15 Per Cent In April-August Despite Global Trade Headwinds

https://swarajyamag.com/economy/indias-merchandise-exports-estimated-to-rise-over-15-per-cent-in-april-august-despite-global-trade-headwinds

ECMS and MPMS should be read as a break from PLI rather than an extension of it.The state has started paying for the machines, the workers and the choice of what goes inside, and no longer only for the finished phone.

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ECMS Explained: Inside PLI's Successor And How It Pays For Depth Instead of Volume #DH_SHARE_URL# By Swarajya via Dailyhunt

ECMS Explained: Inside PLI's Successor And How It Pays For Depth Instead of Volume

https://swarajyamag.com/commentary/how-india-stopped-paying-for-assembled-phones-and-started-paying-for-what-goes-inside-them

Economy

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Business

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Culture

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Infrastructure

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Defence

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World

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Books

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Ideas

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Science

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Technology

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Heritage

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Headlines

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Tamil Nadu

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Karnataka

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Uttar Pradesh

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West Bengal

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Ground Reports

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Colorado [US], September 16 : US Central Command (CENTCOM) and the Jordanian Armed Forces have launched exercise Eager Lion 2026 at Fort Carson in Colorado, marking the first time the United States has hosted the biennial military training event.

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US CENTCOM hosts Jordan for exercise Eager Lion 2026 in Colorado #DH_SHARE_URL# By Lokmat Times via Dailyhunt

US CENTCOM hosts Jordan for exercise Eager Lion 2026 in Colorado

https://www.lokmattimes.com/international/us-centcom-hosts-jordan-for-exercise-eager-lion-2026-in-colorado

Toronto [Canada], September 16 : Canadian Prime Minister Mark Carney stated on Tuesday that Canada intends to emerge from its trade war with the United States as a more robust and self-reliant economic power, signalling that Ottawa is prepared to bide its time rather than rush into an agreement with Washington.

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Mark Carney says Canada will emerge stronger from US trade war #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Mark Carney says Canada will emerge stronger from US trade war

https://www.lokmattimes.com/international/mark-carney-says-canada-will-emerge-stronger-from-us-trade-war

Washington, DC [US], September 16 : United States forces obliterated two Iranian small boats on Monday following an aggressive move by the vessels to seize an unmanned surface vehicle operated by the United States Navy while patrolling the strategic Strait of Hormuz, Axios reported.

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US destroys two Iranian boats after bid to seize drone near Hormuz: Report #DH_SHARE_URL# By Lokmat Times via Dailyhunt

US destroys two Iranian boats after bid to seize drone near Hormuz: Report

https://www.lokmattimes.com/international/us-destroys-two-iranian-boats-after-bid-to-seize-drone-near-hormuz-report

Damascus, Sep 15 Renu Yadav, Charge d’Affaires at the Embassy of India in Syria, on Tuesday met Raed Al-Saleh, Minister of Emergency and Disaster Management, and discussed bilateral cooperation in disaster management and capacity building.

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India, Syria discuss bilateral cooperation in disaster management #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India, Syria discuss bilateral cooperation in disaster management

https://www.lokmattimes.com/international/india-syria-discuss-bilateral-cooperation-in-disaster-management

Cape Town [South Africa], September 16 : Rajya Sabha Deputy Chairman Harivansh Narayan Singh met South African Parliament’s Chairperson of the National Council of Provinces (NCOP), Refilwe Mtsweni-Tsipane, in Cape Town, with discussions illuminating the enduring legislative bonds shared between the two nations, according to the High Commission of India in South Africa.

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India, South Africa highlight close and longstanding parliamentary ties #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India, South Africa highlight close and longstanding parliamentary ties

https://www.lokmattimes.com/international/india-south-africa-highlight-close-and-longstanding-parliamentary-ties-2

Washington, DC [US], September 16 : Pushing to amend the ‘Lindsey O. Graham Sanctioning Russia and Iran Act of 2026’, US lawmaker Steny H Hoyer on Tuesday (local time) urged Congress to adopt an amendment that explicitly lists target countries, including India, to prevent "manipulation of data" and forces President Donald Trump to get approval before expanding tariffs.

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"Prevent manipulation of data": US lawmaker Steny Hoyer moves amendment to name target countries in Russia sanctions bill #DH_SHARE_URL# By Lokmat Times via Dailyhunt

"Prevent manipulation of data": US lawmaker Steny Hoyer moves amendment to name target countries in Russia sanctions bill

https://www.lokmattimes.com/international/prevent-manipulation-of-data-us-lawmaker-steny-hoyer-moves-amendment-to-name-target-countries-in-russia-sanctions-bill

Yangon [Myanmar], September 15 : India and Myanmar are strengthening maritime cooperation and mutual understanding, with Indian Navy ships INS Karmuk and LCU 51 making a port call at Yangon, the Andaman and Nicobar Command said on Tuesday.

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India, Myanmar deepen maritime cooperation as INS Karmuk, LCU 51 make port call at Yangon #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India, Myanmar deepen maritime cooperation as INS Karmuk, LCU 51 make port call at Yangon

https://www.lokmattimes.com/international/india-myanmar-deepen-maritime-cooperation-as-ins-karmuk-lcu-51-make-port-call-at-yangon

Mirzapur (Uttar Pradesh) [India], September 15 : Ambassador of Denmark to India, Rasmus Abildgaard Kristensen, visited Duhaua village in Mirzapur district, Uttar Pradesh, today to participate in the 'Jal Arpan' ceremony.

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Danish envoy Rasmus Abildgaard Kristensen hands over rural water supply scheme to community in Mirzapur #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Danish envoy Rasmus Abildgaard Kristensen hands over rural water supply scheme to community in Mirzapur

https://www.lokmattimes.com/international/danish-envoy-rasmus-abildgaard-kristensen-hands-over-rural-water-supply-scheme-to-community-in-mirzapur

New Delhi [India], September 15 : India-Russia energy cooperation remains an "important pillar" of the bilateral partnership, with both sides engaged in discussions to further strengthen and expand collaboration in the sector, the Ministry of External Affairs said on Tuesday.

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India-Russia energy cooperation important pillar of partnership, talks underway to expand collaboration: MEA #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India-Russia energy cooperation important pillar of partnership, talks underway to expand collaboration: MEA

https://www.lokmattimes.com/international/india-russia-energy-cooperation-important-pillar-of-partnership-talks-underway-to-expand-collaboration-mea

New Delhi [India], September 15 : As India and the US commence Exercise Yudh Abhyas, US Ambassador to India, Sergio Gor, highlighted how it will lead to deeper synchronisation between the two forces.

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‘Train together, share skills, build readiness’: Sergio Gor as Exercise Yudh Abhyas commences #DH_SHARE_URL# By Lokmat Times via Dailyhunt

‘Train together, share skills, build readiness’: Sergio Gor as Exercise Yudh Abhyas commences

https://www.lokmattimes.com/international/train-together-share-skills-build-readiness-sergio-gor-as-exercise-yudh-abhyas-commences

New Delhi [India], September 15 : India had extended two separate invitations to Bangladesh Prime Minister Tarique Rahman — for a bilateral visit and to attend the BRICS Summit in his capacity as the Chair of BIMSTEC, the Ministry of External Affairs said on Tuesday.

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Bangladesh PM Tarique Rahman received two invitations from India: MEA #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Bangladesh PM Tarique Rahman received two invitations from India: MEA

https://www.lokmattimes.com/international/bangladesh-pm-tarique-rahman-received-two-invitations-from-india-mea