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Economy and Finance

RBI cancels banking licence of Paytm Payments Bank: Read why the decision was taken and what it means for users

Shriti Sagar -
The RBI further said that the management’s conduct was “prejudicial to the interest of the depositors,” which is a serious concern for any financial institution.
Economy and Finance

Reserve Bank of India cancels banking licence of Paytm Payments Bank Limited, says the bank is not complying with the law

OpIndia Staff -
The Reserve Bank of India (RBI) today cancelled the banking licence of Paytm Payments Bank Limited (PPBL) with immediate effect, marking the end of...
Editor's picks

Delhi blast case: Health Ministry cancels the medical license of Faridabad terror module doctors

OpIndia Staff -
The National Medical Commission (NMC) has thus cancelled the licenses of terrorists Muzaffar Ahmad, Adeel Ahmad Rather, Muzamil Shakeel and Shaheen Saeed.
News Reports

Assam government to grant arms licence to indigenous people in remote, vulnerable and border areas to tackle unlawful threats from hostile quarters

OpIndia Staff -
In a significant decision, Assam government has decided to grant arms licences to indigenous people living in remote, vulnerable and border areas.
News Reports

Drivers to lose license, face higher insurance premiums if e-challans remain unpaid for three months, new draft after SC order: Report

OpIndia Staff -
Delhi has the lowest fine recovery rate (14%), after Karnataka (21%), Tamil Nadu & Uttar Pradesh (27% each) and Odisha (29%).
News Reports

Gujarat State Road Transport Corporation cancels bus halt licences of 27 hotels, minister shares the reason

OpIndia Staff -
Gujarat Road Transport Corporation (GSRTC) has cancelled the bus halt contracts with 27 hotels for being unhygienic
News Reports

FCRA license of NGOs to be revoked for being involved in religious conversions, anti-development activities: MHA announces stricter FCRA regulations

OpIndia Staff -
MHA released the notice to present the "consolidated reasons" after many NGOs sough clarity on the issue.
News Reports

Telecom industry seeks reduction in license fees, duties on equipment, exemption from GST for payments made to DoT and others in union budget

ANI -
Ahead of the first Modi 3.0 budget, the Cellular Operators Association of India (COAI) listed several recommendations addressed to the Union Ministry of Finance.
News Reports

Did you know: Every UK household with a TV is obligated to pay a ‘licensing fee’ to BBC

OpIndia Staff -
Every household with a TV playing live programmes is obligated to pay the 'fee' regardless of whether it avails BBC services or not.
News Reports

Over 18,600 toys seized from retail stores like Hamleys and Archies for violations of quality norms, notices sent to Amazon, Flipkart & Snapdeal

OpIndia Staff -
The toys were seized during 44 raids that were conducted by the Bureau of Indian Standards (BIS) in the past two weeks
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