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UPI Transaction Charges: Essential for Sustained Growth

When UPI (Unified Payments Interface) was first introduced for digital transactions, a Merchant Discount Rate (MDR) fee was applicable. This fee was subsequently waived (set to zero) to encourage the adoption of digital transactions. What are the new rules for UPI transaction charges? As UPI usage continues to grow daily, banks and payment service providers incur significant costs in handling transactions and maintaining the necessary technical infrastructure, including servers. Consequently, the Central Government has decided to reintroduce the Merchant Discount Rate (MDR) for UPI transactions. Under this new policy, a charge of 0.4% will be levied on commercial transactions exceeding ₹2,000, effective from October 15. Additionally, the maximum charge for transactions of ₹75,000 and above has been capped at ₹300. This charge applies specifically to money transfers from individuals to merchants. However, for certain categories of transactions—such as railway tickets, fuel,...
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What are the weekly employment news updates and notifications?

Learn how weekly employment news updates and notifications help job seekers track new vacancies, industry trends, recruitment announcement, and career growth opportunities. Interested in joining a medical education institute? A notification has been released for vacancies at a postgraduate medical education and research institute operating under the Central Government. There is a total of 60 vacancies, including 54 for MTS, 1 for Medical Officer, 1 for Pharmacist, and 1 for Computer Operator. Educational Qualifications: 10th Standard / D Pharm / MBBS. Age Limit: 18–30 years (as of 19.10.2026). Selection Process: Online examination, skill test, and certificate verification. Application Method: Online. Application Fee: ₹1,500 (₹800 for SC/ST categories). Last Date: 19.10.2026. For details: pgimer.edu.in Engineer Positions at National Power Company A recruitment notification has been released for vacancies at the National Thermal Power Company. There is a total of 17 vacancie...
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What new ETFs norms to come into effect from the 7th in 2026?

SEBI has introduced significant changes to the rules governing base prices, pre-open auctions, and price bands for ETF investments. Designed to protect investors and regulate excessive market volatility, these new regulations will come into effect on September 7. Changes to base price and pre-open auction rules Change in base price: Previously, the Net Asset Value (NAV) from two days prior served as the base price. Going forward, the average market price during the last 30 minutes of the previous trading day will be considered the base price. In the event that no trading occurred, the last traded price or the NAV will be taken into account. Equity and Debt ETFs: The price band, previously set at 20 percent, will now be reduced to an initial 10 percent. Once the 10 percent limit is reached, a 15-minute 'cooling-off' period will follow, after which the band will be expanded by an additional 5 percent in the direction of the price movement. Gold and Silver ETFs: The in...
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Business related gk questions and answers

Discover essential business general knowledge questions and answers to boost your understanding of corporate concepts, management strategies, and global business trends. Perfect for students, professionals, and competitive exam preparation. Business related gk questions and answers Business Quiz questions and Answers 1.Questions: Do the PAN cards and Aadhaar cards of deceased persons need to be surrendered? There is no legal requirement to immediately surrender the PAN card of a deceased person. However, it is advisable to hand it over to the Income Tax Department to prevent any potential misuse. It is best to surrender the PAN card only after transferring assets—such as bank accounts, mutual funds, and properties—to the legal heirs and after the heirs have filed the final income tax return on the deceased's behalf. The Unique Identification Authority of India (UIDAI) has not prescribed any official procedure for cancelling, deleting, or surrendering the Aadhaar card. Therefore, t...
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This week's job announcements new job opportunities you shouldn't miss

Stay updated with the latest job notifications for the week. Discover new opportunities for job seekers, including vacancies in both the government and private sectors, as well as other employment-related information. Don't miss the chance to apply today! Exciting Career Opportunity at Indian Atomic Research Centre, Kalpakkam The Indian Atomic Research Centre (IGCAR), located near Chennai in Kalpakkam, has announced a recruitment drive for 200 vacancies across multiple trades. This is a golden opportunity for ITI graduates to kickstart their career in one of India’s premier research institutions.   🔧 Available Positions - Fitter – 46 posts   - Electrician – 22 posts   - System Admin – 19 posts   - Instrument Mechanic – 18 posts   - Electronic Mechanic – 15 posts   - Welder – 14 posts   - Plant Operator – 12 posts   📚 Eligibility Criteria - Educational Qualification: ITI in relevant trade ...
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New job notifications for this week

Don't miss out! This week's new job listings are now live. Explore government and private sector jobs, as well as walk-in interview opportunities, complete with application links. Updated daily. Recruitment Notification for AIIMS and Affiliated Institutions The All-India Institute of Medical Sciences (AIIMS) has announced 2,218 vacancies for nursing positions across various locations, including Delhi, Puducherry (JIPMER), Deoghar, Bhubaneswar, Guwahati, Bilaspur, and Raebareli. Candidates must possess a B.Sc. or DGNM qualification in nursing. Applicants aged between 18 and 30 years as of August 13, 2026, are eligible to apply. The selection process comprises preliminary and main examinations. Applications must be submitted online by August 13, 2026. The application fee is ₹3,000 for the General category and ₹2,400 for SC/ST categories. Further details are available at aiimsexams.ac.in. NMDC Management Trainee Recruitment The National Mineral Development Corporation ...
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