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A protest poster opposing the proposed Merchant Discount Rate (MDR) on certain UPI transactions was displayed at a store in Mumbai on Friday, October 2, as concerns over the proposed charge continued among sections of the retail and trading community. Pics/Ashish Raje

Updated 10 days ago

The poster highlighted opposition to the proposed 0.4 per cent MDR on UPI merchant transactions above Rs 2,000, which is scheduled to come into effect from October 15, 2026. Pics/Ashish Raje

Defence Minister Rajnath Singh attended the 279th Annual Day celebrations of the Defence Accounts Department at DRDO Bhawan in New Delhi on October 1. (Pic/PTI)

Updated 12 days ago

The poster highlighted opposition to the proposed 0.4 per cent MDR on UPI merchant transactions above Rs 2,000, which is scheduled to come into effect from October 15, 2026. Pics/Ashish Raje