Business

on April 24, 2026 at 2:23 pm

In a major regulatory move, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank. The central bank confirmed the decision in an official statement, stating that the bank will no longer be allowed to offer banking services. The action has been taken due to serious concerns related to regulatory compliance and violations of norms. The RBI also assured that necessary steps will be taken to safeguard customer interests and ensure that deposits and services are not adversely affected.

on April 24, 2026 at 11:17 am

The government on Friday said the three-day talks with the US authorities on the first phase of the bilateral trade agreement (BTA) concluded on a constructive note, with both sides agreeing to stay engaged to sustain the momentum ahead. Both sides discussed several areas, such as market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade, the Commerce and Industry Ministry said in a statement.

on April 24, 2026 at 10:55 am

In a strategic move to strengthen India’s self-reliance in defence manufacturing, Garuda Aerospace has partnered with Bharat Electronics Limited (BEL) to develop advanced Unmanned Aerial Systems (UAS). The collaboration serves as a primary example of how the Indian defence ecosystem is shifting toward a model that integrates the agility of private startups with the robust infrastructure of established public-sector units. Agnishwar Jayaprakash, founder and CEO of Garuda Aerospace, feels that the defence ecosystem in India now relies on private startups. In an email interaction, Jayaprakash also discussed the project and its aims.

on April 24, 2026 at 9:34 am

There’s great news for rail travellers as two new Amrit Bharat trains will be launched on April 28, 2026. The trains will make travel between Uttar Pradesh and Maharashtra faster, easier, and more affordable than ever before. The launch of these trains is expected to greatly benefit long-distance travellers and pilgrims. These trains will be flagged digitally by Prime Minister Narendra Modi.

on April 24, 2026 at 9:04 am

Despite volatility in the stock market due to the ongoing conflict between the United States and Iran,  Adani Group chairman Gautam Adani has seen a significant increase in his wealth. His net worth increased significantly on Thursday, to the point that he not only re-entered the USD 100 billion club but also surpassed Microsoft co-founder Bill Gates on the world’s richest people list.

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