MONEY LAUNDERING CONCERNS LED TO BAN ON PAYTM BANK
The Business Guardian|February 04, 2024
Money laundering concerns and questionable dealings of hundreds of crores of rupees between the popular wallet Paytm and its lesserknown banking arm had led the Reserve Bank of India to clamp down on tech poster boy Vijay Sekhar Sharmarun entities, sources said.
MONEY LAUNDERING CONCERNS LED TO BAN ON PAYTM BANK

The central bank has ordered Paytm Payments Bank Ltd (PPBL) to halt most of its business, including taking further deposits, conducting credit transactions, and carrying out top-ups on any customer accounts, prepaid instruments, wallets, and cards for paying road tolls after February 29.

This means customers can access their existing deposits and pay for services with money stored in their wallets till February 29. And in case RBI does not relent, the top-up for the Paytm wallet will stop, and transactions through it would no longer be possible. In a major action against PPBL, the Reserve Bank earlier this week directed the lender to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29.

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POLLUTION IMPACT NOT RESTRICTED TO DELHI ALONE: SISODIA

Aam Aadmi Party (AAP) leader Manish Sisodia on Monday put the blame on the Bharatiya Janata Party (BJP)-led central government over rising pollution in North India.

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AAP blames officials for negligence
The Business Guardian

AAP blames officials for negligence

Amid worsening air quality in the national capital, Delhi Environment Minister Gopal Rai said that the meeting of senior officers of departments concerned at 12 noon for implementation of GRAP IV was rescheduled for later on Monday.

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CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA
The Business Guardian

CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA

Atishi slams the Centre for failing to tackle stubble burning, a recurring issue for five years.

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LG orders staggered office hours

In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort.

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Air purifier, mask sales up in Delhi-NCR

\"At this level, wearing an N95 mask is not an option but a necessity. Even healthy individuals can fall victim to health complications\"

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November 19, 2024
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Govt to act on 'odd-even' scheme based on expert advice

The scheme operates from 8 am to 8 pm, restricting vehicular movement based on this alternating pattern.

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SC seeks explanation from Registry why counter affidavit tiled by non-party was accepted

The Supreme Court in the case Harmanpreet Singh v. State of Punjab observed and has sought an explanation from the Registrar (Judicial) how a party i.e., the complainant in the said case was able to file a counter-affidavit when its application filed seeking impleadment was not allowed by the Court.

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SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court
The Business Guardian

SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court

The Supreme Court Collegium bench led by CJI Sanjiv Khanna has on November 18, recommended the appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court.

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November 19, 2024
Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death
The Business Guardian

Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death

The Supreme Court in the case observed and has dismissed the petition filed seeking inquiry into the death of Netaji Subhash Chandra Bose.

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Delhi High Court directs RSY News to take down original videos of ANI in copyright infringement suit

The Delhi High Court in the case ANI v. RSY News & Anr. observed and has directed RSY News to remove or take down from its YouTube channel the original and copyrighted videos of Asian News International, ANI in the copyright infringement suit filed by the news agency.

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November 19, 2024