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Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...- Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
- Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
- Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
- Govt proposes new law to restrict unregulated lending; violators to face 10 years of jailThe central government has introduced a bill, BULA, to combat unregulated lending. The bill proposes up to 10 years imprisonment and substa...
- Bihar Police seek ban on over 100 gambling, gaming, 'illegal' loan apps"The decision was taken after confirming that these apps attract Section 69 of the Information Technology (IT) Act as they contain material...
- Bihar police reach out to IT ministry seeking ban on 100 gambling, gaming and illegal loan appsThe Economic Offences Unit (EOU) of Bihar police recently approached Meity urging it to ban more than 100 such apps, Nayyar Hasnain Khan, A...
- MHA wants 100+ apps linked to China, Philippines blockedThe Indian Cyber Crime Coordination Centre (I4C), in the past, has sought a ban on as many as 500 apps that were sending data of Indians to...
- Only banned apps that flouted lending norms: govt officialAnother official said the banned apps have been asked to present documentary evidence of their operating licences, the geographies they sto...
- Timeline: Ban on quick-loan apps and its repeal – all in a weekFintech platform PayU’s buy-now-pay-later service LazyPay’s website was taken down following a notice from MeitY. Kissht, another lending p...
- RBI to share whitelist of digital loan apps soonConsumers will get clarity on ‘authentic’ lending apps that operate within banking regulator’s purview
- Loan apps LazyPay, Kissht breathe easy as Govt revokes ban; SC refuses to modify order against GoogleDays after banning 94 digital-lending platforms and 138 betting and gambling apps, the IT ministry on Friday revoked the order for some of ...
- Loan app ban: Digital lending firms submit papers to government to show regulated playFintech companies likely to be affected by the order also met officials of the Ministry of Electronics and IT (MeitY) on Wednesday to discu...
- Digital lending apps issue clarifications after Centre's ban on loan appsSome digital lending apps on Wednesday issued clarifications as the industry entered a panic mode after the Centre banned nearly 138 gambli...
- Ahead of ban order, RBI gave a list of apps working with NBFCs to govtEarlier this week, the Ministry of Electronics and Information Technology banned 94 loan apps, which included entities not connected to Chi...
- IT, Home Ministries and RBI to decide on steps post loan app ban; fintech firms seek clarityFounders of several lending platforms met officials of the Ministry of Electronics & Information Technology (MeitY) in New Delhi on Tuesday...
- ETtech Explainer: why are quick-loan apps under the government scanner?The Ministry of Electronics and Information Technology through its latest orders has banned a total of 232 apps. Some of these apps have Ch...
- Govt blocks 232 betting, loan apps linked to China, other countriesThe government has blocked 232 apps operated by overseas entities for being involved in betting, gambling and unauthorised loan service, ac...
- Immediately ban illegal Chinese loan apps: CongressAsking why the government has not acted against these apps yet, the All India Congress Committee said the Reserve Bank of India has already...
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