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The National Payments Corporation of India (NPCI) has postponed the rollout of a 0.4% merchant discount rate (MDR) on UPI person-to-merchant transactions above ₹2,000 until after Diwali, with the revised date to be announced separately. The fee, announced last month, was set to take effect on October 15. NPCI said the decision was taken keeping the festive season in mind.

Flipkart's Big Billion Days is offering jaw-dropping freebies on select purchases, the brand announced. Ray-Ban Meta Glasses, mirrorless cameras and Philips hair straighteners buyers can unlock Apple AirTags, Samsung Fit3 bands, Philips hair dryers or Fujifilm Instant cameras for free. Select mobile case purchases come with buy 1 get 1 benefits. Grab your complimentary product till stocks last.

CJP leaders Saurav Das and Ashutosh Ranka had arrived at Jantar Mantar on Tuesday. Both of them have been detained. They had entered Jantar Mantar by jumping locked gates, a day after the site was removed as official protest venue. Das and Ranka, along with CJP's Abhijeet Dipke, were earlier detained ahead of Saturday's protest and were released on Sunday.

Actor RJ Mitte, who was best known for playing Walter White Jr in Emmy-winning drama 'Breaking Bad', has died aged 34. No official cause of death has been announced by his representatives. Like his character, Mitte had cerebral palsy, which was diagnosed when he was three years old. He won Screen Actors Guild Award for his work on the series.

The price of gold dipped in India on Monday after rising by nearly ₹1,800 on Friday, as per IBJA data. Gold got cheaper by nearly ₹1,400 on Monday as it settled at ₹1,48,061 per 10 grams. Meanwhile, silver saw a smaller dip of ₹814 to settle at ₹2,20,295 per kilogram on Monday, marking a nearly ₹3,900 dip in one week.

India's retail inflation rose from 4.83% in August to 5.54% in September, driven by a rise in food prices, with a 7.74% inflation rate. The key items with the highest inflation in September included onion, silver jewellery, ginger, garlic and lemon. Meanwhile, potato, tomato, motor car and jeep, lady's finger and coconut were the key items with the lowest inflation.

India's retail inflation rose for the sixth month in a row as it crossed the 5% mark for the first time in the new CPI series. CPI inflation rose from 4.83% in August to 5.54% in September, driven by a sharp acceleration in food prices, with a 7.74% inflation rate. Onions recorded the steepest price rise, with inflation at 108.09%.

An IIT Bombay report warned that UPI Merchant Discount Rate (MDR) charges could indirectly burden consumers through higher retail prices, despite rules barring merchants from passing on the charges. Businesses may raise general selling prices to protect margins, affecting even transactions below ₹2,000. Report has also called for exempting debt collection and loan repayment transactions from MDR.

The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to American economists Robert E Hall and Michael Woodford. The Royal Swedish Academy of Sciences honoured them "for microeconomic foundations of macroeconomic stabilisation". The two economists will share prize money of 12 million Swedish kronor (₹11.5 crore).

The UN General Assembly adopted a non-binding political declaration on pandemic prevention with 153 votes in favour. Argentina, Israel, and the US voted against; New Zealand and Paraguay abstained. The declaration calls for stronger global cooperation guided by science and equity, and welcomes the WHO Pandemic Agreement.