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Evidence-first reporting and explainers covering business.

Only 10% of UPI transaction value risks MDR charges; corporates to absorb most proposed fees: NPCI
The new fee regime caps exposure to UPI transaction value at 10% and earmarks 80% of the revenue from businesses with annual turnovers exceeding ₹1,000 crore, with corporates absorbing most of the cost. Image: Business Line - Home via source article

Business

NPCI Announces Mandatory MDR Fees for UPI Transactions, Targeting High‑Turnover Businesses

The new fee regime caps exposure to UPI transaction value at 10% and earmarks 80% of the revenue from businesses with annual turnovers exceeding ₹1,000 crore, with corporates absorbing most of the cost.

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West Bank: Israeli settler, Palestinian killed in latest violence
On Sunday, Israeli forces in the West Bank arrested a suspect linked to a settler’s death while also killing a Palestinian driver who, according to the military, attempted to run them over. Image: france24.com via source article

Business

Violence flared in the Israeli‑occupied West Bank on Sunday, involving the arrest of a suspected Palestinian gunman accused of killing an Israeli settler and the killing of a Palestinian driver by Israeli soldiers who said he tried to run them over.

On Sunday, Israeli forces in the West Bank arrested a suspect linked to a settler’s death while also killing a Palestinian driver who, according to the military, attempted to run them over.

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