UPI MDR seen as sustenance fee, not windfall; small merchants remain shielded

A new merchant discount rate will fund UPI’s expanding infrastructure costs. Large value person-to-merchant transactions above two thousand rupees will incur a fee. This framework shields small merchants and everyday consumer transactions from charges. The revenue distribution aims to support issuing banks and payment applications. This policy seeks to ensure UPI’s long-term financial sustainability and…

New York covered Lake George with 700 mats; 97% of invasive clams died

In 2011, Lake George took significant action against its invasive Asian clam issue by implementing a large-scale benthic barrier treatment, which successfully eliminated ninety-seven percent of clams in a five-acre area. However, by 2019, these clams made a comeback, with twenty-seven sites identified. Consequently, efforts have shifted to monitoring their spread and impact on the…

DRDO has developed indigenous GaN tech for next-gen radars, electronic warfare: Def min report

India’s Defense Research and Development Organization (DRDO) has unveiled a significant breakthrough in Gallium Nitride MMIC technology, which is set to enhance its defense capabilities. This indigenous development positions India among a select few nations skilled in high-frequency chip technology. The advanced systems crafted through this innovation promise to improve radar functions and electronic warfare,…

Pittsburgh’s last steel mill closed in 1998; 178 acres are being transformed

After decades of lying vacant, Pittsburgh’s former steel mill site Hazelwood Green is finally seeing major redevelopment. Since 2022, around 700,000 square feet has been developed or is under construction, including Carnegie Mellon’s robotics centre, Pitt’s BioForge facility, housing, parks and a football field. More technology, retail and housing projects are planned across the 178-acre…