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India

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IndiaNDTV ·

Just 4% of UPI Merchant Transactions Exceed Rs 2,000, Yet Drive 66% of Value

In FY26, UPI recorded over 24,162 crore transactions in total, with approximately 63 percent falling under the Person-to-Merchant (P2M) category. Despite making up only 4 percent of all merchant transactions, payments exceeding Rs 2,000 account for nearly two-thirds of the total transaction value. This highlights a significant concentration of monetary value in a small share of high-value UPI payments. The data underscores how a relatively tiny volume of large transactions disproportionately drives the overall financial weight of UPI's merchant payment ecosystem.

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IndiaTimes of India ·

ITAT Waives Rs 8.9 Lakh Penalty on NRI Who Missed ITR Deadline During US Relocation

An Indian individual who relocated to the United States for work missed the income tax return filing deadline, prompting tax authorities to impose a penalty of Rs 8.9 lakh. The taxpayer argued before the Income Tax Appellate Tribunal that the lapse was unintentional and caused by the disruption of settling into a new country and job. He maintained there was no deliberate attempt to evade taxes. The ITAT examined the circumstances and weighed in on whether the penalty was justified given the reasons behind the delay.

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IndiaNDTV ·

Israeli Strike Collapses Gaza Building, Killing 20 Including 5 Children

A six-storey residential building in the Tal al-Hawa area of Gaza City was struck and collapsed overnight, killing at least 20 people, including five children. The building, which housed four apartments per floor, crumbled onto nearby homes and tents. Gaza's civil defence agency, which operates as a rescue service under Hamas authority, reported the casualty figures. The strike is the latest in the ongoing Israeli military campaign in the Gaza Strip.

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IndiaNDTV ·

India-Pakistan Naval Collision Highlights Contrasting Maritime Doctrines

A recent collision between Indian and Pakistani naval vessels has drawn attention to the differing operational philosophies of the two navies. Beyond combat readiness, naval doctrine also governs how warships navigate and signal their movements at sea. Safe navigation and predictable manoeuvring are considered core responsibilities of any warship crew. The incident has prompted analysis into how the two navies approach maritime conduct and rules of engagement at sea.

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IndiaTimes of India ·

Chinese maths teacher's viral post reignites debate over English as mandatory subject

A Chinese maths teacher's viral social media post calling for English to become an optional subject in schools has triggered a nationwide debate. The discussion comes amid rapid advances in AI translation technology and shrinking job prospects for graduates, prompting parents and educators to question the value of mandatory English education. A university in Shenzhen has already begun phasing out its English courses, reflecting a broader shift in attitudes. However, some teachers caution that removing English from core curricula could deepen inequality, as poorer students may lose access to global opportunities that the language provides.

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IndiaTimes of India ·

Five Madhya Pradesh men named Narendra Modi share laughs and surprises daily

Five men in Madhya Pradesh happen to share their name with Prime Minister Narendra Modi, leading to frequent moments of disbelief in their daily lives. A retired school principal routinely carries his ID card to prove his identity to skeptical strangers. A tea stall owner among the five has turned his name into a talking point, drawing curious questions from customers. Despite the confusion, all five men appear to embrace their unique connection to one of India's most recognized names.

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IndiaNDTV ·

PM Modi Calls on Global Tech CEOs to Join India's Semiconductor Push

Prime Minister Narendra Modi met with leading technology executives to discuss India's growing ambitions in the semiconductor sector. During the meeting, Modi stressed the need for strong partnership between the Indian government and the global semiconductor industry. He urged top tech CEOs to actively participate in and contribute to India's technology development journey. The discussions underscored India's strategic focus on building a robust domestic semiconductor ecosystem.

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IndiaTimes of India ·

Patna HC quashes 3 externment orders, fines Bihar govt Rs 3.9 lakh for procedural lapses

The Patna High Court has issued a strong warning to district magistrates and superintendents of police over the misuse of externment orders under crime control laws. The court struck down three such orders, ruling that officials had labelled individuals as antisocial without adhering to due legal process. A total penalty of Rs 3.9 lakh was imposed on the Bihar government as costs, with directions to compensate the affected petitioners promptly. The court further ordered that the penalty amounts be recovered from the responsible officers rather than borne by the state exchequer.

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IndiaTimes of India ·

Greenland and Antarctica shed 11,309 billion tonnes of ice over 44 years

A new scientific assessment has found that Greenland and Antarctica have collectively lost 11,309 billion tonnes of ice since 1979. This massive loss has contributed to a global sea level rise of 31.4 millimetres over the same period. The dominant driver was faster-flowing glaciers, which accounted for 84% of the total ice loss, while surface melting made up the remaining 16%. Researchers say the findings underscore the sustained and significant impact that warming oceans are having on polar ice sheets.

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