IIT Bombay

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11 Stories Indexed

Last Updated: Just Now

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Banking, Fintech & Insurance 16 Oct 2026, 01:14 PM IST

IIT Bombay Flags MDR Risk to UPI Trust, Urges Rationalised Fee Framework

An IIT Bombay report has warned that public trust in UPI could be weakened if the proposed merchant discount rate framework is implemented without recalibration. The study argues that any fee structure must preserve UPI’s low-friction appeal and avoid triggering negative sentiment among users, merchants and the wider digital payments ecosystem.

By RDU Global Wire5 min read

Startups & Venture Capital16 Oct 2026, 09:49 AM IST

MumbaiSemi Targets Global RF Chip Market With NavIC-Ready Prototype

IIT Bombay spinout MumbaiSemi says it has built a prototype radio-frequency chip capable of processing signals from multiple satellite navigation systems, including India’s NavIC as well as GPS, Galileo, GLONASS and BeiDou. The development positions the startup as a potential domestic challenger in a market long dominated by overseas semiconductor suppliers, with implications for India’s push to deepen its chip design capabilities.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 10:12 AM IST

IIT Bombay warns UPI MDR plan could erode public trust, calls for rationalisation

An IIT Bombay report has cautioned that the proposed merchant discount rate framework for UPI, if implemented in its current form, could undermine public confidence in India’s most widely used digital payments rail. The report argues that policymakers must rationalise the structure carefully to avoid negative user sentiment and preserve the platform’s trust premium.

5 min readRead →

Macro Economy & Fiscal Policy04 Oct 2026, 07:18 AM IST

Aries Agro lifts manufacturing capacity to 1.01 lakh tonnes as it scales distribution and farmer outreach

Aries Agro has expanded its manufacturing capacity to 1.01 lakh tonnes, underscoring a broader push to strengthen supply capabilities, widen market reach and deepen engagement with farmers. The company highlighted the expansion, along with technology adoption and a growing distribution network, at its annual general meeting, signalling a strategy focused on operational scale and agribusiness resilience.

5 min readRead →

India Sports & Cricket04 Oct 2026, 04:49 AM IST

Indian Women End Korea’s 28-Year Recurve Team Reign at Asian Games 2026

India’s women delivered a landmark upset in the recurve team event at the Asian Games 2026, ending South Korea’s 28-year dominance in one of archery’s most demanding disciplines. Korea, under pressure from the opening set, faltered badly as Yunji and her teammates produced a series of low arrows, including a final tally of 51 in their weakest showing of the week.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (03:42 PM IST)

India Manufacturing PMI Climbs to 7-Month High of 55.1 in September

India’s manufacturing sector ended the quarter on a firmer footing in September, with the Purchasing Managers’ Index rising to 55.1, a seven-month high, signaling a solid expansion in factory activity. The latest reading points to stronger new orders, higher output, improved hiring and sustained optimism about demand, even as firms continue to navigate cost pressures and a mixed global backdrop.

4 min readRead →

India Entertainment & CultureJust now (10:11 AM IST)

‘Dorothy’ Becomes a Tender Milestone for Queer Visibility in Indian Cinema

Karthik Subbaraj’s ‘Dorothy’ is drawing strong audience response for the way it reflects queer lives with empathy rather than spectacle. Trans activists and members of the LGBTQ+ community say the film’s emotional honesty marks a meaningful step in how Indian entertainment represents desire, vulnerability and struggle.

5 min readRead →

Markets, IPOs & WealthJust now (01:00 AM IST)

Sensex Falls 571 Points as Foreign Selling, Rising Yields Trigger Rs 5 Lakh Crore Rout

Indian equities slumped sharply on the day, with the Sensex losing 571 points and the Nifty slipping toward 22,450 as investors reacted to heavy foreign outflows, firmer bond yields and a weaker rupee. The sell-off erased roughly Rs 5 lakh crore in market value and underscored how quickly global rate pressures are feeding into domestic risk sentiment.

4 min readRead →

Banking, Fintech & InsuranceJust now (11:58 PM IST)

Razorpay-Backed POP Enters Consumer Credit With BNPL Push

Razorpay-backed POP has launched POPchop, a buy-now-pay-later product that lets eligible shoppers split purchases into three interest-free instalments over three months. The move signals POP’s shift beyond UPI, rewards and commerce into consumer credit as fintech firms look for stronger monetisation paths from large user bases.

5 min readRead →

India Entertainment & CultureJust now (06:42 PM IST)

Kannadasan’s Words Endure Because They Made Philosophy Speak to Everyday Life

As lyricist Kannadasan’s birth centenary is marked, his legacy stands out for a rare achievement: he translated classical Tamil thought, philosophy and social observation into language that ordinary listeners could immediately claim as their own. His songs continue to resonate because they were never merely ornamental; they carried ideas about love, mortality, faith and dignity in a form that felt intimate, direct and enduring.

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National Governance & PolicyJust now (07:40 PM IST)

Sahil Wakode’s Parents Seek Police Protection, Allege Threats After Raising Questions Over Death Probe

The parents of Sahil Wakode have sought police protection, alleging that their lives are at risk after they raised concerns over the investigation into his death. They have also named IIT Bombay Director Prof. Shireesh Kedare and Prof. Suryanarayana Doolla in connection with the case, intensifying scrutiny around the handling of the matter.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside IIT Bombay:

India(11)New Delhi(9)Unified Payments Interface(8)Yunji(1)UPI(1)Trans activists(1)