Why in News? The Indian Air Force (IAF) will conduct the second edition of the multinational air exercise Tarang Shakti 2026 at Air Force Station Jodhpur, Rajasthan, from 26 September to 12 October 2026. The exercise is expected to feature participation from seven foreign air forces, which will deploy their respective air assets. What is…
Why in News? The Government has introduced a new Merchant Discount Rate (MDR) framework for UPI, effective October 15, 2026, under which charges will apply to certain merchant transactions exceeding ₹2,000. About the UPI Merchant Discount Rate (MDR) Framework, 2026 The Merchant Discount Rate (MDR) is a fee charged within the merchant payment ecosystem for processing digital…
Published on : 01-09-2026 By : NEWSUPSC Editorial Subject : Indian Economy UPSC : GS III Source : The Hindu Link : https://www.thehindu.com/sci-tech/science/what-goes-on-behind-the-screen-when-you-pay-through-upi-explained/article71411087.ece Context: The Unified Payments Interface (UPI) has further strengthened its position as the backbone of India’s digital economy, processing 2,366 crore transactions worth nearly ₹30 lakh crore in July 2026 alone. About…
Cpntext : The Vice President of India has launched ‘Gnani Artha’, an indigenously developed sovereign Artificial Intelligence (AI) stack featuring the Evon 3.3 language model and the Plexus agentic AI platform. What is Gnani Artha? Gnani Artha is an end-to-end indigenous sovereign Artificial Intelligence (AI) technology stack developed for Indian enterprises and public institutions. The…
Why in News? The Union Ministry of Health and Family Welfare has notified a crucial amendment to the Drugs Rules, 1945, explicitly withdrawing the licensing exemption previously granted for selling cough syrups in small villages. The development comes amid growing concerns over the misuse of medicines, self-medication practices, and the need for greater oversight in India’s…
In the age of digital governance, transparency and efficiency are essential pillars of democracy. The Election Commission of India (ECI), a constitutional body responsible for administering free and fair elections, has taken significant steps to integrate technology into its operations. One such innovation is ECINET — a digital platform that has become central to modern…
