Policy

Supreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000

• The Supreme Court will hear the plea on Monday
• The challenged MDR framework for UPI merchant payments above ₹2,000 is set to take effect October 15
• The outcome may affect Indian payment firms and merchants handling higher-value UPI transactions

Mobile retailers plan October 2 protest against proposed 0.4% UPI MDR

• Retailers across India plan to observe October 2 as “No UPI Day”
• The proposed merchant discount rate is 0.4%; retailers want zero-MDR UPI payments retained
• A proposed payment fee could raise costs for mobile retailers and affect UPI payment providers

Large-Scale Electronics PLI Beneficiaries Get Rs 19,091-Crore Incentives, Draw Rs 20,580-Crore Investment

• Large-scale electronics PLI beneficiaries received ₹19,091 crore in incentives and drew ₹20,580 crore in investment
• Smartphone exports reached around $30 billion in 2025-26, up from $5.5 billion
• PLI incentives and export growth support Indian electronics manufacturers and suppliers

Food companies seek rethink of red warning labels amid food safety crackdown

• Food companies in India called for reconsidering the red colour used on warning labels
• The call comes amid nationwide raids against eateries over hygiene and standards concerns
• Food-label rules and enforcement could affect packaged-food companies including Nestle India

SC reserves verdict on FSSAI’s front-of-pack food labelling rules, seeks final submissions

• Supreme Court reserved judgment on proposed front-of-pack food labelling rules
• A ruling may affect packaged-food companies, including Indian food manufacturers

CBIC eases paperwork to claim concessional duty on imports from UK

• A valid Origin Declaration will suffice to claim concessional duty under the India-UK CETA
• Form-I may be sought only when a shipment is flagged for checks
• Lower import paperwork may benefit Indian importers and companies sourcing goods from the UK

Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?

• IRDAI proposed commission caps, tighter expense limits and stronger safeguards against mis-selling
• Distribution changes may affect insurers and insurance intermediaries’ costs and sales practices

$100,000 H-1B Fee: More Visa Curbs Ahead? JD Vance Says 'Should Not Exist To Replace American Workers'

• JD Vance defended the $100,000 H-1B visa fee
• Vance said the programme should attract exceptional talent, not replace American workers
• Tighter H-1B rules could raise staffing costs for Indian IT services companies

Govt, private hospitals likely to be graded on quality & safety

• Niti Aayog is developing a national quality framework for public and private hospitals
• The framework is aligned with international standards to help patients compare hospitals
• Quality grading may affect hospital operators’ reputations and compliance costs

‘Why do you need so much time?’ Supreme Court questions FSSAI over food warning labels

₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and others

Big insurers, bigger advantage? Smaller players flag Irdai’s new expense caps

• Smaller insurers worry proposed distribution reforms may favour larger players
• Potential distribution-cost changes expose Indian life and health insurers to competitive pressure

If neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR charges

• Supreme Court asked the government whether UPI MDR is a tax or fee, or ‘expropriation’
• Court refused an interim stay but issued notice
• The case leaves payment firms and merchants facing uncertainty over UPI transaction charges

DRDO and CSIR-CGCRI collaborate on lighter bulletproof glass for armoured vehicles

• DRDO has joined CSIR-CGCRI to develop lighter bulletproof glass for armoured vehicles

RBI awaits Tata Sons’ formal response on Upper Layer NBFC compliance

Sebi's PRIM route: Portfolio managers can invest ₹25 lakh-plus client money in mutual funds

• SEBI launched PRIM, a route for portfolio managers to invest client money in mutual fund units
• The route covers client money of ₹25 lakh-plus
• The new route could affect Indian mutual fund companies and portfolio managers

Tax audit deadline is September 30: What you need to know about new Form 3CD rules

• Tax audit reports for AY 2026-27 are due by September 30, 2026
• Form 3CD expands reporting on MSME payments, loans and regulatory settlements
• Expanded reporting may raise compliance work for Indian businesses, MSMEs and tax-service providers

Food giants oppose red warning labels for high salt, sugar and fat, cite non-veg confusion

• Food companies oppose red warning labels for packaged foods, citing possible confusion with non-vegetarian products
• Proposed label rules could affect packaged-food businesses such as Patanjali Foods

Foreign assets not disclosed in ITR? Income Tax Department gives taxpayers one-time disclosure window

BT Big Story: India wants to become a shipbuilding power. Can it match China, Japan & South Korea?

• India is betting Rs 70,000 crore on becoming a major shipbuilding power
• The shipbuilding push could benefit Cochin Shipyard and Indian shipping and defence suppliers

ET EXPLAINER: How RBI’s new valuation rules change the way banks view REITs, InvITs

• RBI amended the valuation framework for REITs and InvITs
• Valuation changes affect Indian banks’ exposure to REITs and InvITs

ETMarkets PMS Talk | From mutual funds to PMS: Brijesh Ved on where PRIM fits in India's evolving wealth landscape

• SEBI’s proposed PRIM framework could redefine investor expectations of portfolio managers
• Potential rule changes matter to Indian wealth managers and portfolio-management firms

FSSAI crackdown puts food safety on hiring menu

Going public: How listing changes company's compliance, governance, culture

• Listed companies must report through financial results, material disclosures and regular shareholder communication
• Listing changes a company's compliance, governance and culture

Govt launches initiative to build digital public infra for tourism sector

• Centre launched a project to build national digital public infrastructure for tourism
• Tourism digitisation may benefit Indian travel and hospitality companies

IRDAI commission caps put insurance distributors' renewal income in focus

Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAI

• IRDAI Chairman Ajay Seth said excessive upfront commissions are driving insurance mis-selling
• He said cost-efficiency benefits should be passed on to customers and policyholders
• Commission changes could affect LIC and listed insurers’ distribution costs and sales

Insurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay Seth

• IRDAI chairman Ajay Seth said high upfront commissions contribute to insurance mis-selling
• Seth urged insurers to pass lower commissions and operating costs to policyholders through lower premiums or better returns
• Commission and pricing changes may affect insurers and listed insurance distributors

Tata Sons gets RBI queries on listing compliance road map

Red Bull moves HC against FSSAI order on use of ‘energy’ term in drinks

Principles of regulation must never be forgotten: Here are five deviations that India must fix right away

PLI: Electronics firms got Rs 19k cr

OPINION | Listing creates disclosure, but cannot guarantee better corporate governance

JPC on FCRA Amendment bill to hold second meeting tomorrow

• The JPC will hold its second meeting on the Foreign Contribution (Regulation) Amendment Bill, 2026

Mint explainer: can a new digital portal change how India insures its livestock?

• The portal aims to bring livestock policy issuance, claims and monitoring onto one platform
• The government initiative aims to improve access and risk protection for livestock insurance
• A wider livestock insurance channel may benefit New India Assurance and insurance distributors

Red means non-veg? Food companies challenge FSSAI’s warning label colour in Supreme Court