Delhi Chief Minister Rekha Gupta said on Friday that the exodus of seven Rajya Sabha MPs of the AAP is a "direct blow" to the "dictatorship" of party supremo Arvind Kejriwal.

The AAP suffered a jolt on Friday as seven of its Rajya Sabha MPs, including Raghav Chadha, Ashok Mittal and Sandeep Pathak, quit the party, with Chadha asserting that the Arvind Kejriwal-led party had strayed from its principles.

The Reserve Bank of India (RBI) said on Friday that it has cancelled the banking licence of Paytm Payments Bank Limited, more than two years after imposing business restrictions over regulatory violations, including lapses in customer due diligence.

Paytm Payments Bank, backed by One97 Communications, received a limited banking licence in August 2015, allowing it to accept small deposits but not issue loans.

Raghav Chadha, a Rajya Sabha member from Punjab, resigned from the Aam Aadmi Party (AAP) on Friday after months of tension with the party leadership. He stated that his own party had tried to silence him.

Chadha will join the Bharatiya Janata Party (BJP) along with Sandeep Pathak and Ashok Mittal.

The International Finance Corporation (IFC) plans to scale up its annual investments in India to $10 billion by 2030, eyeing bets in sectors such as ​renewable energy, urban infrastructure and financial services, a senior executive ​said.

Annual investments in India by IFC, the private-sector arm of the World Bank Group, have ‌risen to about $5.4 billion in 2024/2025 from about $1.3 billion in financial year 2021/2022, Imad Fakhoury, its South Asia regional director, told Reuters.

Asserting that people voted with enthusiasm for a change in the first phase of the assembly elections here, Union Home Minister Amit Shah on Friday said 'Anga, Banga and Kalinga', the ancient kingdoms that are present-day Assam, Bengal and Odisha, will have a BJP government next month.

American electric carmaker Tesla on Friday said it will expand its charging network, including superchargers, across major hubs in India as it looks to accelerate its journey in the country.

The company, which made its much-awaited entry into India, launching its Model Y, had on Wednesday launched its second model, a three-row six seater SUV Model YL priced at ₹61.99 lakh and is simultaneously intensifying charging network expansion to address range anxiety of customers.

The Samrat Choudhary-led NDA government in Bihar won the vote of confidence in the state assembly on Friday.

Choudhary moved the motion, proposing that "the House reposes its trust in the current council of ministers in the state", during a one-day special session.

Union Commerce Minister Piyush Goyal on Thursday launched the Bharat Taxi app in Mumbai, saying the initiative would free auto-rickshaw and taxi drivers from dependence on foreign apps that charge heavy commissions and subscription fees, while offering zero commission, free insurance cover of ₹5 lakh, and access to Mudra loans.

Speaking to reporters, Goyal said the app would provide affordable, authorised fares to the public while ensuring drivers receive fair rights and ownership for their hard work.

X has announced a new feature called Custom Timelines, which allows users to pin specific topics directly to their home feed. The feature uses Grok, X’s AI chatbot, to curate posts based on selected interests. According to the company, the feature gives users more control over what they see on the platform by focusing on topics they care about.

Union Bank of India shares tumbled nearly 9 per cent on the BSE on Thursday after the public sector bank (PSB) saw a muted March quarter (Q4FY26). Union Bank of India’s Q4 results showed a sluggish growth in net profit, hit by weak net interest income (NII) and higher slippages.

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