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A US appeals court rejected Donald Trump's ban on asylum seekers at the border. The Trump administration had implemented policies restricting asylum claims at the US border. The appeals court ruled President Donald Trump's 'invasion' declaration illegal.
RBI cancels banking licence of Paytm Payments Bank. Paytm Payments Bank was previously barred from onboarding new customers due to compliance issues. RBI's decision to cancel the licence and seek winding up in court. "Paytm Payments Bank Limited has enough liquidity to repay its entire deposit liability upon winding up of the bank" was attributed to RBI statement.
The Reserve Bank of India has revoked Paytm Payments Bank's license, citing persistent compliance failures, governance lapses, and concerns for depositor safety. This severe measure follows earlier directives, including a January 2024 ban on new deposits and a March 2022 bar on new customer onboarding. The RBI will initiate winding-up proceedings, assuring sufficient liquidity to repay all depositors.
Following the Reserve Bank of India's cancellation of Paytm Payments Bank's licence, One 97 Communications Limited (Paytm) has moved to reassure its users and investors. The company emphasizes that its core services, including the Paytm app and UPI, will continue to operate without interruption. Paytm stresses the Payments Bank is a separate entity, operating independently with no board or management involvement from the parent company.
Ashok Lahiri appointed NITI Aayog Vice Chairperson. Gobardhan Das appointed Member. NITI Aayog is India's policy think tank. Appointments announced on Friday.
The U.S. Justice Department dropped its criminal probe into Federal Reserve Chair Jerome Powell. The probe was related to the Federal Reserve's building renovations. The probe's closure removes a roadblock to the confirmation of Powell's successor.
Royal Challengers Bengaluru defeated Gujarat Titans by five wickets. Sai Sudharsan scored 103 for Gujarat Titans. Virat Kohli and Devdutt Padikkal scored fifties for Bengaluru.
Royal Challengers Bengaluru beat Gujarat Titans by 5 wickets in an IPL 2026 match. Virat Kohli scored 81 runs off 44 balls and Devdutt Padikkal scored 55 runs off 27 balls. Kohli became the first player to hit 800 fours in IPL history.
West Bengal Chief Minister Mamata Banerjee stated that Prime Minister Narendra Modi could enjoy a boat ride on the Hooghly River because its water is clean, unlike the Yamuna River. The Hooghly River is located in West Bengal, while the Yamuna River flows through Delhi and other northern states.
Punjab CM Bhagwant Singh Mann slammed AAP MPs who quit the party, calling them 'Gaddars'. Bhagwant Singh Mann is the Chief Minister of Punjab and a leader of the Aam Aadmi Party (AAP). Mann alleged that the BJP was trying to break the AAP. "betrayed the people of Punjab" was attributed to Bhagwant Singh Mann.
Punjab Chief Minister Bhagwant Mann fiercely condemned AAP MPs who quit the party, branding them 'Gaddars' for betraying the people of Punjab. Mann further alleged that the BJP actively engineered these defections, seeking to break the AAP and undermine the state's political landscape.
Seven Rajya Sabha MPs, including Raghav Chadha, are poised to join the BJP while retaining their seats by invoking a specific constitutional provision. They are leveraging the two-thirds rule for party mergers, a legal mechanism that exempts them from anti-defection law disqualification. This strategic maneuver allows their defection to proceed without penalty.
Bill to allow assisted dying in England and Wales fails as parliamentary time runs out. The bill aimed to allow terminally ill adults to apply for assisted death with medical approval. Parliamentary time ran out, preventing the bill from progressing.
Opposition parties submitted a fresh notice in the Rajya Sabha seeking the removal of Chief Election Commissioner Gyanesh Kumar. The removal of a Chief Election Commissioner follows a process similar to that of a Supreme Court judge. The notice was signed by 73 MPs and cites nine new charges, including alleged inaction over PM Modi's speech.
Indian stock markets (Sensex and Nifty) fell for the third consecutive session on April 24, 2026. The Indian stock market experienced a significant downturn, with the benchmark Sensex dropping over 1000 points. The market slump was driven by surging oil prices, massive selling in IT stocks, and foreign fund outflows.
Indian markets extended their slump for a third consecutive day, with the Sensex dropping nearly 1,000 points. Surging oil prices, massive selling in the IT sector, and unabated foreign fund outflows are identified as the primary domestic economic pressures behind the significant decline.
Escalating geopolitical tensions and continued disruption in the critical Strait of Hormuz are driving significant instability across global markets. Heightened maritime activity, including vessel seizures and ongoing conflict in the region, contributes to market volatility and downturns, fostering a negative trend that impacts global financial performance.
Israel and Lebanon agree to extend a ceasefire by three weeks. The ceasefire is between Israel and Hezbollah. The extension was announced by President Trump following White House talks.
President Trump extended the Israel-Lebanon ceasefire and plans a White House summit. Yet, he simultaneously ordered US Navy forces to "shoot and kill" Iranian boats. This aggressive military posture, including mine-clearing in Hormuz, underscores persistent regional tensions and the potential for broader escalation involving Iran, even as diplomatic efforts proceed.
Iran's President Masoud Pezeshkian accused the United States of hypocrisy and bad faith in negotiations, directly linking Washington's contradictory actions to the ongoing failure of talks. This sharp criticism, voiced as President Trump extended the Israel-Lebanon ceasefire, fundamentally challenges US diplomatic credibility in the region.
Gauhati High Court rejects Congress leader Pawan Khera's anticipatory bail plea. Pawan Khera made allegations against the Assam CM's wife regarding foreign passports and assets. The High Court's decision denies Khera pre-arrest relief in a case filed by the Assam CM's wife.
The Gauhati High Court rejected Congress leader Pawan Khera's anticipatory bail plea, deeming custodial interrogation necessary for serious allegations. The court cited Khera's "false claims" about Assam CM Himanta Biswa Sarma's wife, Riniki Bhuyan Sharma, regarding foreign passports and undisclosed assets, as a key reason for the denial. This decision marks a significant legal setback for Khera, who faces charges of defamation, forgery, and criminal conspiracy.
The Gauhati High Court's rejection of Pawan Khera's anticipatory bail has intensified a political legal clash, with Congress denouncing the charges as harassment and vowing to challenge the order in the Supreme Court. Assam CM Himanta Biswa Sarma, however, insists Khera must surrender to the law in Guwahati.
U.S. President Donald Trump ordered the U.S. Navy to 'shoot and kill' any boat laying mines in the Strait of Hormuz. The Strait of Hormuz is a critical chokepoint for global oil trade, and tensions have been high between the U.S. and Iran over maritime security.
Autopsy confirmed strangulation as cause of death in IRS officer's daughter's rape-murder case. The rape and murder of an IRS officer's daughter has been reported. Autopsy findings have been released.