A new national angel association, backed by more than 30 funds and a 100+ strong angel fund network, sets targets of expanding angel investors to 1 million and mobilising $3 billion over five years.
PIB says person-to-person UPI stays free and roughly 96% of merchant transactions are unaffected; reporting by Mint and Firstpost says a 0.4% MDR applies to specified person-to-merchant payments above Rs 2,000 from October 15.