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IIT-Bombay report recommends cutting UPI MDR from 0.4% to 0.08%; says banks should give up their share as they earned Rs 4.85 lakh crore from CASA deposits in FY26

The report further suggested that banks could set aside around 3% of the funds that CASA depositors forgo through lower interest earnings. With a Merchant Discount Rate (MDR) on merchant UPI transactions being announced above Rs 2,000, professors at IIT-Bombay have come out with a report proposing reducing the MDR to 0.08% from 0.40%.The report’s...

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Allu Arjun’s upcoming collaboration with filmmaker Lokesh Kanagaraj has generated fresh buzz after the director shared a photograph with the Telugu superstar and promised that “interesting updates” are coming soon. The film, popularly known as ‘AA23’, has been among the most anticipated projects in the actor’s lineup. While the latest post has fuelled speculation about...

Dev Anand’s son Suneil Anand’s cremation to be held on August 4 in London |

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


Dev Anand's son Suneil Anand's cremation to be held on August 4 in London
Suneil Anand’s funeral to be held at the same place as of Dev Anand in London. (Image Credits: Instagram)

Suneil Anand, the prolific Indian actor and the son of legends Dev Anand and Kalpana Kartik, passed away after suffering a second heart attack while being treated for his cardiac arrest while travelling to London from the USA on July 26, 2026. His funeral is scheduled today, August 4, 2026, in the UK capital at 1:30 pm local time. The cremation ground is Putney Vale, the place where Dev Anand’s last rites took place in 2011. Suneil Anand’s mother, Kalpana Kartik, is unwell at the age of 94. She is being looked after by her daughter, Devina, and they could not fly to London to bid farewell. However, Dev Anand’s niece Gina Narang and her husband have stepped up to conduct the last rites, according to the report by Vickey Lalwani.

Suneil Anand passed away at the age of 70

Suneil Anand, who worked with his father in ‘Anand Aur Anand’ in 1984, took his last breath at the age of 70. We are comforted by the outpouring of love, prayers, and support, for which we are truly grateful. We kindly request privacy as we navigate this difficult time together,” Gina Narang said in a statement, per ANI. Many well-wishers shared their condolences on social media. Raj Babbar, who worked closely with Suneil Anand, shared a heartfelt message. “Suneil didn’t seem ambitious. But he was extremely sincere towards his work. He was also very respectful towards senior actors,” he recalled.

About Suneil Anand

Becoming a significant part of the film fraternity, Suneil Anand worked in films, including ‘Car Thief’ and ‘Main Tere Liye.’ He debuted as a director in a martial arts film, ‘Master,’ in 2001. As for his education, he pursued higher studies in the United States and earned a degree in Business Administration from American University in Washington, D.C. Suneil Anand remains one of the most significant contributions of Bollywood.



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