A new study by the Indian School of Business (ISB) warns that the proposed Merchant Discount Rate (MDR) framework for UPI transactions could inadvertently reverse digital payment adoption among India’s street vendors, pushing them back toward cash-based transactions and threatening recent gains in financial inclusion.
Asbestos , a substance known to cause cancer, has been detected in 60 per cent of rangoli powder samples tested in a laboratory in South Korea, raising concerns about the safety of products used during Diwali and other festivals. Indian samples recorded particularly high contamination rates, according to an investigation released by environmental and public health organisations.