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RBI Cancels Paytm Payments Bank Licence Over Compliance Failures

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The Payments Bank of Paytm has been stripped of its licence by the Reserve Bank of India due to continued regulatory non-compliance and lapses in governance. A key move in the fintech and digital banking ecosystem in India is also the central bank taking steps to go to the High Court to seek winding-up proceedings.

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General Upendra Dwivedi Inducted into US Army War College International Hall of Fame

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Upendra Dwivedi, the Chief of Army Staff of India has been inducted into the International Hall of Fame at the US Army War College. This is the highest award that showcases his role in the military leadership and indicates the enhancement of defence relations between India and the United States.

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India: Dabur appoints Herjit S. Bhalla as business CEO of India.

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Dabur has announced that Herjit S. Bhalla will be the Chief Executive Officer (CEO) of the India Business starting April 23, 2026. He will also report to Mohit Malhotra, and it is a strategic leadership step to enhance domestic operations, in a fast-changing FMCG environment.

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The First Lithium-Ion and Rare Earth Recycling Plant in Uttar Pradesh, India.

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The first integrated recycling plant in Sikandrabad, Uttar Pradesh has seen India make a significant move towards ensuring critical mineral supply chains. The plant, designed by Rocklink India in the UPSIDC industrial area, helps the country in the clean energy transition by allowing domestic recovery of high-value materials used in the electric vehicles and renewable technologies.

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UN General Assembly President Annalena Baerbock to Visit India

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The President of the United Nations General Assembly, Annalena Baerbock, is on a visit to India to enhance multilateral cooperation and address global issues. Baerbock's visit highlights India's growing prominence in global diplomacy and its growing voice in the UN.

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