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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.
Indonesia’s Anak Krakatau Eruption Strands 340,000, Closes Airports
Anak Krakatau volcano erupts in Indonesia, stranding 340,000 passengers and closing seven airports. Ash spreads across Java and Sumatra as rescue efforts continue.
Labor’s Housing Reforms Slash 10,700 Homes, Push Rents Up AUD$10 Weekly
Labor’s housing tax reforms will cut 10,700 new homes and push rents up AUD$10 weekly through 2030, according to updated modelling by industry groups. GDP impact estimated at AUD$1.05bn.
Singapore Raises Primary 1 Alumni Priority Spots to 60, Sparking Equity Debate
MOE increases Primary 1 Phase 2C places from 40 to 60 for most schools, with 12 popular schools adopting a two-track system. Alumni parents express concern over reduced priority access.
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.
RBA Tipped to Raise Rates to 15-Year High by End of September
RBA deputy signals fourth interest rate hike likely by September 28-29 as inflation stays above target. Macquarie Bank forecasts cash rate to rise to 4.6%, a 15-year high, adding $121 to monthly mortgage payments.