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Business associations plan No UPI Day on October 2 against new MDR levy

CorroboratedIndependently reported by at least two distinct newsrooms in our registry.

Cross-source confidence: 90% — how consistently independent sources report the same core facts, scored deterministically.

Business groups like FICCI and NASSCOM have called for a No UPI Day on October 2, urging merchants and users to skip digital payments to protest the Reserve Bank’s new merchant discount rate. The move targets a 0.2% increase in MDR for small businesses, raising costs from 0.3% to 0.5% on UPI transactions. The protest aims to pressure regulators over rising digital payment fees, though Finance Ministry pre-budget talks begin later that month.

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This brief:

Where this is reported

  1. Portugal vs Wales: UEFA Nations League – teams, start, lineups, Ronaldo

    Al Jazeera · 1d ago

  2. Business associations plan No UPI Day on October 2 against new MDR levy

    Business Standard · 1d ago

  3. Jaishankar holds bilateral, multilateral meetings at UNGA, discusses AI, space and UNSC reforms - Firstpost

    Google News · 1d ago

  4. PSBs, RRBs to function normally on a Sunday: Finance Ministry - BusinessLine

    Google News · 2d ago

  5. India's Finance Ministry to start pre-budget meetings for Union Budget 2027-28 on October 12 - Rediff

    Google News · 1d ago

  6. BCCI confirms Goa as venue for IPL 2027 auction - Cricbuzz

    Google News RSS · 1d ago

Coverage timeline

  1. 1d agoPSBs, RRBs to function normally on a Sunday: Finance Ministry - BusinessLine
  2. 1d agoJaishankar pushes UN reform, AI and space ties at UNGA meetings - India Today
  3. 1d agoFinance Ministry Begins Pre-Budget Meetings for 2027-28 - Rediff MoneyWiz
  4. 1d agoFinance Ministry to begin pre-budget meetings from Oct 12 - bfsi.economictimes.indiatimes.com
  5. 1d agoBudget 2027-28 process begins October 12 with month-long pre-budget meetings - The Economic Times
  6. 1d agoUnion Budget 2027-28: Finance Ministry To Begin Pre-Budget Meetings From October 12 - freepressjournal.in
  7. 1d agoBusiness associations plan No UPI Day on October 2 against new MDR levy
  8. 1d agoUEFA Nations League 2026-27: Groups, teams, top players, format
  9. 1d agoBCCI confirms Goa as venue for IPL 2027 auction - Cricbuzz
  10. 1d agoJaishankar holds bilateral, multilateral meetings at UNGA, discusses AI, space and UNSC reforms - Firstpost
  11. 1d agoIndia's Finance Ministry to start pre-budget meetings for Union Budget 2027-28 on October 12 - Rediff
  12. 1d agoPortugal vs Wales: UEFA Nations League – teams, start, lineups, Ronaldo