CHENNAI ■ MADURAI ■ VIJAYAWADA BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI ■ ■ hyderabad l wednesday l september 16, 2026 l `9.00 l PAGES 18 l late city EDITION local destinations, global standards TOURISM SUMMIT 2026 Where India meets Bharat Suman Billa, Additional Secretary and Director General, Ministry of Tourism, flanked by TNIE Editorial Director Prabhu Chawla and CEO Lakshmi Menon, lights the traditional lamp to mark the inauguration of TNIE Tourism Summit 2026 at ITC Grand Chola in Chennai on Tuesday. The summit has brought together policymakers and artists to transform regional destinations into world-class hubs | Ashwin Prasath | P7 0.4% MDR for UPI payments D IPA K M O N D A L @ New Delhi Starting October 15, UPI merchant transactions above `2,000 will attract a Merchant Discount Rate (MDR) of 0.4%, capped at `300 per transaction for payments above `75,000. Person-to-person (P2P) transactions will remain free. The new charges will apply only to person-to-merchant (P2M) transactions above `2,000. Such transactions account for 20% of UPI’s monthly transactions worth around `30 lakh crore. The fee will be a flat `5 per transaction for UPI payments above `2,000 for essential sectors such as railways, telecom services, insurance, fuel and educational institutions. Small vendors operating under the person-to-person merchant (P2PM) framework will Important step: RBI Introduction of MDR on high-value transactions will strengthen UPI’s long-term sustainability, RBI said. “It will help UPI in continuing to scale, innovate and serve consumers and businesses,” it added continue to pay no MDR, even if the transaction is above `2,000. This applies to small businesses receiving up to `1 lakh a month through UPI into their bank accounts. For capital market transactions, including payments towards mutual funds, securities, s t o ck b ro ke r s a n d dealers, the MDR is 0.02% of the transaction value, subject to a maximum of `300. According to estimates, the total annual collection from the charges could cross `20,000 crore, with banks expected to account for about 40% of the collections. The revised framework also proposes a dedicated fund for small merchants to support digital payment infrastructure, particularly in Tier-3 and smaller markets. The National Payments Corporation of India, which operates the UPI platform, said the revised MDR would remain lower than charges associated with other digital payment instruments, including credit cards and debit cards. According to estimates, maintaining the entire gamut of UPI operations costs around `20,000 crore annually . E x p r e s s Re a d Revanth to reply on 22-A lands issue today Hyderabad: Chief Minister A Revanth Reddy held a meeting with ministers on 22-A lands on Tuesday, ahead of the Short Discussion on Section 22-A of the Registration Act in the Assembly on Wednesday. Revanth is expected to highlight alleged “misdeeds” of the previous BRS govt following the launch of Dharani. SC rejects state’s SLP on Lothukunta land New Delhi: The Supreme Court on Tuesday dismissed the Telangana govt’s plea challenging a high court verdict in the dispute over 40 acres of land at Lothukunta in Secunderabad, holding that it was filed belatedly. Meanwhile, HYDRAA said that it will consult stakeholders on the matter | P5 Hit-and-run accused Kalyan Bainsla following his arrest on Tuesday; motorcyclist Shivani Chauhan, who was hit, at a Gurugram court to give her statement | PTI No remission for Dara Singh, says Odisha panel sion plea on various grounds, including societal ramifications which could lead to comTHE State Sentence Review munal disturbances. Board (SSRB) of the Odisha The decision came ahead of government has rejected the the next hearing of the Suplea for premature release of preme Court on September 17. Bajrang Dal activist Rabindra The court had, on September Kumar Pal alias Dara Singh, 8, taken strong exception to serving life imprisonthe inaction of the ment for the ghastly state government on murder of Australian the matter and remissionary Graham fused to grant more Staines and his two time for a decision. minor sons in 1999. T he 63-year-old The decision was Singh in his petition taken at a special pleaded for premameeting of the Board ture release from Bajrang Dal on August 31, chaired prison as he had alactivist Dara Singh ready spent more by Additional Chief Secretary (Home) Hethan 25 years in jail. SC seeks mant Sharma and atSingh, who hails tended by five other Odisha’s view from Uttar Pradesh members. but settled in OdisRecently, the SSRB held that disha’s Keonjhar disSupreme Court, trict authorities of trict, is currently while hearing Keonjhar, where the Singh’s petition serving life impristriple-murder took onment for burning for release, had place in 1999 and asked Odisha to to death Staines (then Singh is imprisoned, 58) and his two minor take a decision had in March last on the matter or sons — Philip and year given a condi- it will decide on Timothy — when tional recommenda- his remission plea they were sleeping at tion, stating that he a church in Keonjhar may be prematurely released, in the intervening night of while imposing certain condi- January 22-23, 1999. tions to maintain social Singh, the main accused in harmony . the triple-murder case, was The Board held that the re- sentenced to capital punishport of the district authorities ment in 2003. The Orissa High lacked specific recommenda- Court later commuted his tion and was inconclusive. It death sentence to life in 2005, stated that it was not inclined which was upheld by the Suto recommend Singh’s remis- preme Court in 2011. express news service @ Bhubaneswar Weaponisation US admits it has deployed weapons in outer space a g e n c i e s @ Washington THE United States on Tuesday revealed for the first time that it has deployed weapons in space. Air Force Secretary Troy Meink told the Air and Space Cyber Conference in Maryland on Monday that the US has fielded “on-orbit space control weapons capable of defending the Joint Force against hostile adversary action”. Meink did not detail what the weapons were or how they work. In 2024, the US said Russia was developing a new antisatellite weapon that could be launched from space. At the time the White House said the danger wasn’t imminent. But reports of the anti-satellite weapon reflected longstanding worries about space threats from Russia and China, given that much US infrastructure is de pendent on satellite communications. Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look “radically different” by 2032. For example, he foresaw one-way attack drones replacing artillery as the “primary killer”. “We are increasing readiness against existing threats,” he said. However, China and Russia warned against turning outer space into a “battlefield”. President Donald Trump had created the Space Force in 2019.  P11