Merchants to now pay fees on UPI transactions above Rs 2,000 from Oct 15

The Delhi government has cleared its Start-up and Incubation Policy, with an investment exceeding ₹400 crore over five years to strengthen innovation and entrepreneurship. The initiative will begin across universities, colleges, technical institutes and schools, supporting incubation centres and introducing an annual youth festival to connect emerging innovators with investors, industry leaders and policymakers.

Promoter SFML will join the merger on the same terms as other Sapphire Foods shareholders after its planned 18.5 per cent stake sale to Arctic International was terminated

Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip stocks led the declines, although SoftBank, Lasertec and Kioxia outperformed. Investors are now watching for further currency intervention and its impact on corporate earnings and market sentiment.