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RBI halts fresh business at Paytm Payments Bank on supervisory concerns

BENGALURU, Jan 31 (Reuters) – The RBI (Reserve Bank of India) on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An audit report revealed “persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action,” the central bank said in a release, without disclosing details of the concerns. The RBI did not specify any timeline for reviewing the imposed restrictions. Paytm Payments Bank is an associate of listed entity One 97 Communications Ltd, opens new tab, which holds a 49% stake in the unit. A payments

Varanasi court allows Hindus to pray in Gyanvapi mosque – lawyer

LUCKNOW, India, Jan 31 (Reuters) – A Varanasi court on Wednesday ruled that Hindus can offer prayers in a 17th century Gyanvapi mosque in the holy city of Varanasi, a lawyer for the Hindu petitioners said, days after a survey said the mosque was built after the destruction of a temple there. The fight over claims to holy sites has divided India, which has a Hindu majority but also the world’s third-largest Muslim population, since independence from British rule in 1947. The court in Varanasi, which is Prime Minister Narendra Modi’s parliamentary constituency in northern Uttar Pradesh state, said Hindus

MP teacher held for offering Rs 50,000 bribe to IAS officer to revoke his suspension

Chhatarpur, Jan 31 (PTI) A teacher in Madhya Pradesh’s Chhatarpur has been arrested for allegedly offering a bribe of Rs 50,000 to the district panchayat’s chief executive officer (CEO) to revoke his suspension, officials said. The incident took place on Tuesday at the office of IAS officer Tapasya Parihar, who is the CEO of Chhatarpur’s district panchayat. Parihar said the teacher, Vishal Asthana, posted at the government-run Kupi Primary School in the district, had been suspended for being continuously absent during the election training programmes last year. The teacher had submitted a reply that he was on leave during the

Sweet treats and red meat that you should avoid to lower cholesterol levels

New Delhi, January 31, 2024: Lowering our consumption of sweet treats and red meat can have a positive impact on our cholesterol, doctors have revealed. Experts like Michael Mosley constantly urge us to avoid eating too much fat and salt, in order to maintain a low cholesterol, which is a fatty substance that our body needs to function properly. However, at this time of year, having spent the Christmas period indulging in selection boxes and pigs in blankets dipped in cranberry sauce, most of the population has lost interest in maintaining a healthy lifestyle. Luckily, Dr Bhavini Shah is on

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