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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.
Cue and Veronika Maine Enter Administration on September 15
Cue and Veronika Maine enter voluntary administration on September 15. The 58-year-old Australian fashion brands operated 51 stores but could not cover overhead costs despite a 5% sales increase.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.
Japan Loses Global Hawk Surveillance Drone Off Tottori Coast, September 15
Japan’s ASDF Global Hawk drone crashed off Tottori Prefecture on September 15 after losing communications. The unmanned aircraft was one of only three operated by Japan, cutting ISR capacity by one-third.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.
Hyrox Apologises and Changes Rules After Australian Champion Wins While Soiling Herself
Hyrox co-founder apologises after Australian athlete Joanna Wietrzyk won Beijing race while soiling herself. Organisers implement immediate rule changes and deep cleaning protocols.
China Accuses US AI Firms of ‘Coordinated Play’ to Block Competition, September 15
China accuses Anthropic, OpenAI, and SpaceX of coordinated efforts to slow AI development and block Chinese competition. Beijing released its own AI safety framework on September 14.
White Cliff Minerals Surges 17.7% as Gina Rinehart Invests A$8.7M
White Cliff Minerals (WCN.AX) jumped 17.7% after Gina Rinehart’s Hancock Prospecting invested A$8.7M for a 13.5% stake. The deal funds exploration at the Rae copper project in Canada.
airBaltic Files Chapter 11 as Iran War Costs Bite; €350M Financing Secured
airBaltic files for Chapter 11 bankruptcy on September 14, 2026, with €350 million financing secured. Operations continue as normal. The Latvian flag carrier cites Iran war costs and engine shortages.