UPI Charges From October 15, 2026: What the New 0.4% MDR Rule Means for Consumers, Merchants and Digital Payments in India

India’s Unified Payments Interface (UPI) is entering a new phase after the government and the National Payments Corporation of India (NPCI) finalised a Merchant Discount Rate (MDR) on selected UPI merchant transactions above ₹2,000. The announcement has generated significant confusion online, with many users assuming that UPI itself will no longer be free and that…

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New Delhi Declaration: How India’s 2021 BRICS Summit Shaped the Group’s Agenda

The New Delhi Declaration was adopted by the leaders of the BRICS countries—Brazil, Russia, India, China and South Africa—at the 13th BRICS Summit, hosted virtually by India on 9 September 2021. Held during India’s BRICS chairship, the summit came at a particularly significant moment for international affairs. The COVID-19 pandemic was still disrupting economies and…

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India Hosts BRICS Summit 2026: New Delhi Takes Centre Stage in Global Diplomacy

India is at the centre of major international diplomacy this week as New Delhi hosts the 18th BRICS Summit, bringing together leaders from some of the world’s most influential emerging economies. The summit, being held on September 12–13, 2026, has emerged as one of the most significant diplomatic events in India this year, with discussions…

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BRICS Diplomacy, Economic Pressure and Major Domestic Developments

New Delhi, September 10, 2026: India is entering an important period in both domestic and international affairs, with the upcoming BRICS Leaders’ Summit, economic pressures caused by rising global oil prices, major government decisions and several significant developments before the public and the courts dominating the national news cycle. BRICS Summit puts India at the…

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India’s Alternative-Fuel Cars Outsell Petrol Vehicles for the First Time as Oil Prices Rise and E20 Debate Intensifies

India’s automobile market has crossed an important turning point. For the first time, passenger vehicles powered by alternative fuels collectively outsold petrol-powered cars in a single month, highlighting how quickly Indian consumers are changing their preferences amid higher oil prices, expanding electric-vehicle infrastructure and growing debate around ethanol-blended petrol. According to data from the Federation…

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China Tightens Rare-Earth Supply to the U.S. as Critical Minerals Become a New Front in the Technology War

China’s dominance over the global rare-earth supply chain is once again becoming a major source of tension with the United States, with several Chinese suppliers reportedly declining to ship rare-earth materials to American customers because of growing geopolitical uncertainty. The development adds another layer to the increasingly strategic competition between Washington and Beijing, where technology,…

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Oil Prices Surge as U.S.-Iran Conflict Threatens Global Energy Supplies and Strait of Hormuz

Global oil markets have entered another period of uncertainty as the escalating conflict between the United States and Iran threatens energy infrastructure and shipping routes across the Middle East. Brent crude climbed to around $97 a barrel on September 7, reaching a six-week high as military exchanges intensified and concerns grew that the conflict could…

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PM Modi Renews Swadeshi Push: Why His Latest Call on Gold, Foreign Weddings and Domestic Spending Matters

Prime Minister Narendra Modi has renewed his call for Indians to support domestic goods and services, urging citizens to reduce unnecessary spending on imported products and avoid certain forms of overseas expenditure. His latest message has brought the idea of Swadeshi back into the centre of India’s economic and political conversation at a time when…

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SCO Summit 2026: India, China, Russia and Regional Powers Meet in Bishkek Amid Growing Global Tensions

The 26th Summit of the Shanghai Cooperation Organisation (SCO) concluded in Bishkek, Kyrgyz Republic, at a time of major geopolitical uncertainty and rising regional tensions. Held from August 31 to September 1, 2026, the summit brought together leaders from some of Eurasia’s most influential countries, including India, China, Russia, Pakistan, Iran, Belarus and the Central…

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India’s Security Challenge Expands From the Battlefield to Cyberspace

New Delhi, August 24, 2026: India’s national security landscape is undergoing a significant transformation as traditional military threats increasingly overlap with cyberattacks, artificial intelligence, digital fraud and cross-border security challenges. While the armed forces continue to focus on conventional defence preparedness, government agencies are simultaneously strengthening India’s ability to protect critical digital infrastructure and citizens…

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