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UPI has been free for years, but that may be about to change — and the numbers behind it are bigger than they first appear. A new 0.4% MDR on transactions above Rs 2,000 could reshape who ultimately pays for India’s most-used digital payment system.

From digitally dressing up a turbaned Sikh politician in an off-shoulder woman outfit to showing a chief minister being slapped inside a classroom, the social media battle between political rivals in Punjab seems to have hit a new low in the run-up to the Asse