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UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Uganda’s King Oyo Buried September 12 Amid Succession Dispute
King Oyo of Tooro Kingdom buried September 12 after death from cancer. Succession disputed between news anchor Edward Rukidi Kijanangoma and late king’s unnamed son.
Foresque Residences Balcony Lawsuit: MCST Sues Developer Over Concrete Defects
Foresque Residences MCST sues developer and four parties over balcony defects discovered after concrete fell 20m. 60% of Block 105 balconies show hollow sections. BCA issued Notice to Maintain.
Zimmer Biomet Cuts Up to 580 Jobs in Winterthur as Restructuring Accelerates
Zimmer Biomet plans to cut up to 580 jobs at its Winterthur plant, affecting 79% of the 730-person workforce. The restructuring aims to streamline manufacturing, though final numbers may change during consultation.
Carnival Slides 3.3% After AIDA Perla Breaks Free in Le Havre on September 8
Carnival’s AIDA Perla breaks free in Le Havre after 35 mph wind gusts snap mooring lines, hits quay wall. CCL stock drops 3.3%. Ship grounded for inspection; Zeebrugge and Rotterdam calls cancelled.
Ford Bronco Basecamp Heads to Australia in Mid-2027 as PHEV SUV
Ford’s 2027 Bronco Basecamp PHEV SUV arrives in Australia mid-2027 with 800-900km range, pop-up roof, and integrated camping features. Priced details pending.
Amazon Cargo Plane Crashes at Miami Airport, Kills 5 on September 7
Amazon cargo plane overran runway at Miami airport on Sept. 7, killing 5 in two vehicles. Boeing 767 traveled 1,300 feet past pavement. NTSB investigating landing distance and braking.
HDFC Bank Shares Hit 52-Week Low as Jagdishan Steps Down in October
HDFC Bank CEO Sashidhar Jagdishan steps down in October 2026. Shares hit 52-week low of ₹704.15. Deputy MD Kaizad Bharucha leads internal succession race. Meyka rates stock B+.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.