The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on 15 March, following regulatory action due to non-compliance with certain norms.
Competition Commission of India also slapped Rs 936-cr fine on Google Tuesday. In a 199-page order, CCI asked the firm to adopt 8 remedies or operations adjustments within three months.
The probe has been ordered against five entities — Alphabet Inc, Google LLC, Google Ireland Ltd, Google India Pvt Ltd and Google India Digital Services Pvt Ltd.
The petition sought direction to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem and not to share it with any third party.
A petitioner alleged that Google Pay was flouting the rules of UPI by not allowing to contribute to the PM CARES Fund without making another ID on the app.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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