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1. Delhi High Court orders winding up of Paytm Payments Bank, says RBI

Delhi High Court orders winding up of Paytm Payments Bank: RBI - Litigation - 2 min read Delhi High Court orders winding up of Paytm Payments Bank: RBI The Delhi High Court has ordered the winding up

Delhi High Court orders winding up of Paytm Payments Bank, says RBI

Delhi High Court orders winding up of Paytm Payments Bank: RBI - Litigation - 2 min read Delhi High Court orders winding up of Paytm Payments Bank: RBI The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL), months after the Reserve Bank of India (RBI) revoked the bank's licence over persistent regulatory violations, marking the final step in the lender's closure process, the central bank said on Tuesday. Mumbai, The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL), months after the Reserve Bank of India (RBI) revoked the bank's licence over persistent regulatory violations, marking the final step in the lender's closure process, the central bank said on Tuesday. In a statement, the RBI said the High Court, through orders dated July 8 and July 22, 2026, directed that PPBL be wound up under the provisions of the Banking Regulation Act, 1949, read with the Companies Act, 2013. "By an Order dated July 08, 2026 read with the Order dated July 22, 2026, the High Court of Delhi has ordered that PPBL be wound-up under the provisions of the Banking Regulation Act, 1949 read with the provisions of Companies Act, 2013," the central bank stated. Nair, former Chief General Manager of State Bank of India, as the Official Liquidator of Paytm Payments Bank. The RBI said the Official Liquidator has been authorised to exercise all powers prescribed under the Banking Regulation Act as well as the applicable provisions of the Companies Act. According to the central bank, the Official Liquidator has been exercising all the powers of the bank's board of directors with effect from July 8, 2026. "The High Court appointed Girikumar M Nair as the Official Liquidator of PPBL.

2. CCI approves merger of Go Digit holding firm into insurer

CCI approves merger of Go Digit holding firm into insurer

CCI approves merger of Go Digit holding firm into insurer - Regulators - 2 min read CCI approves merger of Go Digit holding firm into insurer Under the proposed transaction, Go Digit Infoworks Services, the holding company of Go Digit General Insurance, will be amalgamated with the insurer, which will be the surviving entity, the regulator said in a release. New Delhi, The Competition Commission of India (CCI) on Tuesday approved the proposed amalgamation of Go Digit Infoworks Services Pvt Ltd with Go Digit General Insurance. Under the proposed transaction, Go Digit Infoworks Services, the holding company of Go Digit General Insurance, will be amalgamated with the insurer, which will be the surviving entity, the regulator said in a release. Go Digit Infoworks is not engaged in any market-facing business activity in India or overseas, while Go Digit General Insurance provides various general and health insurance products and services in India, with a specialised focus on general insurance. "Commission approves the amalgamation of Go Digit Infoworks Services Pvt Ltd with Go Digit General Insurance Ltd," CCI said in a post on X. After the completion of the transaction, FAL Corporation will hold a 57.28 per cent stake in Go Digit General Insurance Ltd (GDGIL). FAL is part of Canada-based Fairfax group, which is engaged in property and casualty insurance and reinsurance, besides investment management, and is led by billionaire Prem Watsa. In December 2025, Go Digit General Insurance, one of India's leading new-age general insurance companies, announced that its Board of Directors has approved a proposal to amalgamate its holding company, Go Digit Infoworks Services, with GDGIL.

3. Why did Modi address Gen Z ‘friends' in viral reel? Here is what BJP said about PM's outreach to India's youth

Why did Modi address Gen Z ‘friends' in viral reel? Here is what BJP said about PM's outreach to India's youth

Why did Modi address Gen Z ‘friends' in viral reel? Here is what BJP said about PM's outreach to India's youth Days after Prime Minister Narendra Modi addressed protesters at Jantar Mantar in New Delhi as "friends" in two videos, the Bharatiya Janata Party (BJP) on Monday explained why he chose the term for the largely Gen Z crowd and highlighted what the Modi-led government is doing to restore confidence in the country's education system. In a post on Instagram, the BJP wrote, "Friends... wasn't just a message. From listening to students' concerns to introducing stronger laws against paper leaks, PM Modi's government is working to safeguard merit and restore confidence in the examination system." Quick answers to key questions PM Modi used the term 'friends' to underscore his commitment to addressing students' concerns and restoring confidence in the education system, highlighting the government's efforts to combat examination irregularities. The bill proposes stricter penalties, including up to 10 years of imprisonment, increased fines, and the establishment of fast-track courts to expedite trials related to examination fraud. The law introduces faster investigations, special task forces, and increased penalties for offenders, aiming to enhance integrity and fairness in public examinations. Individuals using unfair means may face imprisonment of five to ten years and fines of up to ₹50 lakh, with organized fraud resulting in longer sentences and higher fines. The new bill aims to protect students' interests by ensuring a fair examination process, thus boosting confidence in their hard work and the integrity of public examinations.

4. Iran’s $23 billion oil cushion: Can Trump’s sanctions force Tehran to back down?

Iran’s $23 billion oil cushion: Can Trump’s sanctions force Tehran to back down?

Iran’s $23 billion oil cushion: Can Trump’s sanctions force Tehran to back down? President Donald Trump’s economic pressure on Iran has received far less attention than his military strikes, even though senior US officials believe the economic measures could ultimately hurt Iran’s regime more than bombs. “The Iranians want to stop being bombed, and they want money,” a senior administration official said, as reported by Axios. “But that's almost in reverse order. They really want the money first.” US intelligence and several open-source reports show that Iran is currently facing a growing economic crisis, including acute gasoline shortages. "Intelligence is picking up that the Iranians are complaining they can't pay their fighters," another official said. Because of what [Treasury Secretary] Scott Bessent is doing." "They're in danger of runs on banks. There are gasoline shortages in this giant oil-rich country," the official added. "They're more scared of Treasury than the War Department." The Trump administration is planning to expand its maximum pressure tactics against Iran, sanctioning more than 1,000 individuals, ships and aircraft linked to its oil trade, financial networks, weapons purchases and shipping operations. About the President's motives, White House press secretary Karoline Leavitt told Axios that Trump "prefers a diplomatic solution, but he continues to retain all options if Iran continues terrorist activities in the Strait of Hormuz or against allies”. “Combined with successful sanctions that have crippled Iran's economy and 13 straight days of strikes against military targets in response to their repeated aggression, it would be wise for Iran to work toward a negotiated deal,” she said. “Otherwise, they know what will happen.” Iran’s oil income is giving it some room to withstand US…

5. ‘BTech degree isn't enough anymore...’: Ex-Google recruiter reveals why real-world skills are important

‘BTech degree isn't enough anymore...’: Ex-Google recruiter reveals why real-world skills are important

‘BTech degree isn't enough anymore...’: Ex-Google recruiter reveals why real-world skills are important Are you still treating your degree as a safety net for a high-paying job? The hiring game has changed, and you might not have caught up yet. As artificial intelligence rewrites the rules of the tech industry, recruiters are increasingly prioritising practical skills, problem-solving ability, and ownership over traditional credentials. In a recent podcast hosted by Scaler School of Technology (SST), Program Director Manmeet Singh Akali sat down with Prasad Rao, a former Google recruiter with over 18 years of hiring experience, to unpack exactly what today's tech recruiters are really looking for. Addressing AI’s role in software careers, Rao emphasised that AI is not replacing engineers but redefining what it means to be successful. “Critical thinking, effective AI adoption, and the ability to bridge the gap between learning and real-world problem-solving are becoming key differentiators.” Contrary to widespread fears of immediate job cuts in the sector, Rao noted that overall hiring of software engineers has not decreased. “In fact, many companies have either maintained their hiring volume or increased it by creating exclusive, specialised roles for candidates possessing AI-specific skills.” During the conversation, Manmeet Singh asked Prasad Rao how tech hiring has evolved over the years, and handed him an anonymous resume to review live, on the spot. As he scanned through it, certain signals stood out to him almost instantly, strong enough that he didn't even need to finish reading before making a call. Words like ‘Co-founder’, ‘ICPC’, and ‘Meta Hackathon’ immediately caught his eye, along with a dedicated achievements section that backed up the candidate's claims with real proof. “This is what is relevant for me...…

1. Tejas J. Shah and Amisha T. Shah and Ors. vs. Mantri Technology Constellations Pvt. Ltd. and Ors. (27.07.2026 - SC)(MANU/SC/0743/2026)

The Supreme Court of India addressed whether the National Consumer Disputes Redressal Commission (NCDRC) was justified in rejecting applications to continue a consumer complaint against Mantri Develop

2. Krishnan Narayana vs. State of Andhra Pradesh and Ors. (27.07.2026 - SC)(MANU/SC/0742/2026)

The Supreme Court of India addressed the dispute between Krishnan Narayana and the State of Andhra Pradesh, along with M/s. Earth Stein Private Limited, regarding the interim custody of vehicles alleg

3. Sanjiv Kumar vs. Shakuntla Devi and Ors. (27.07.2026 - SC)(MANU/SC/0741/2026)

The Supreme Court of India addressed the appeal by Sanjiv Kumar against the High Court's order allowing the impleadment of subsequent purchasers, Santosh Rani and Mohan Lal, in a property dispute invo

4. The State of Andhra Pradesh vs. Suda Suresh Veera Venkata Naga Raju (27.07.2026 - SC)(MANU/SC/0740/2026)

The Supreme Court of India addressed the legality of conditions imposed on police custody in the case of The State of Andhra Pradesh vs. Suda Suresh Veera Venkata Naga Raju, concerning allegations of

5. In Re: Illegal Sand Mining in The National Chambal Sanctuary and Threat to Endangered Aquatic Wildlife (22.07.2026 - SC)(MANU/SC/0739/2026)

The Supreme Court of India addressed the issue of illegal sand mining in the National Chambal Gharial Sanctuary, involving the States of Rajasthan, Madhya Pradesh, and Uttar Pradesh. The court examine

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