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RBI’s restrictions on Paytm Payments Bank have raised a storm. Its stock has hit lower circuits for three consecutive days including on Monday despite Vijay Shekhar Sharma’s efforts to douse the fire. He tweeted to thank users and supporters. And said, the company is working towards implementing RBI instructions. But why did RBI come down on Paytm? What got Paytm under RBI’s scanner in the first place? Watch the full video to find out.

RBI in a press release announced some restrictions on Paytm Payments Bank. Posts on the subject have put #paytm right at the top of the trending section of X formally known as Twitter. If you are a Paytm user or shareholder or both, this must have got your attention as well. Watch this video to understand how the restrictions will impact you.

Restaurant Brands Asia's share price jumped 6% after reporting a narrower Q3FY24 loss and robust sales over the festive period. Despite challenges in demand, Restaurant Brands Asia's Q3FY24 performance surprised favourably, with a 20% YoY increase in revenue and 6% improvement in traffic.

QSR companies have not witnessed any material recovery in 3QFY24 compared to 2QFY24. Antique Stock Broking maintains a SELL rating on Jubilant FoodWorks due to near-term headwinds in the pizza segment, while preferring Devyani International and Sapphire Foods for their stable performance in KFC.

India's upcoming import restrictions on laptops, tablets, and personal computers, effective from November 1, have broader implications. Amid efforts to boost economic growth post-pandemic, India aims to enhance self-sufficiency, create jobs, and reduce the current-account deficit by curbing imports. Electronics, including computer hardware, are a priority due to their significance and potential security concerns. While these restrictions could face challenges from electronics exporters at the World Trade Organization (WTO), India justifies them under national security interests. The move also aligns with the government's focus on its production-linked incentive (PLI) scheme for hardware manufacturing.

According to an Economic Times report major laptop manufacturers like Apple, Dell, HP and others have approached the government with a request. They want the government to defer the restriction on the import of laptops, tablets and other IT hardware by a year. They say they need reasonable time to set up manufacturing units in the country.

Elon Musk Has Stumped Twitter Users Once Again With His Move To Limit The Number Of Posts Users Can Read On The Platform. On 1 July He Tweeted That Users With Unverified Accounts And New Unverified Accounts Would Be Limited To Reading 600 Posts A Day And 300 Posts A Day, Respectively, While Those With Verified Accounts Could Read 6,000 Posts A Day. These Temporary Limits Were Later Raised To 10,000 Posts A Day For Verified Users, 1,000 A Day For Unverified Users And 500 A Day For New Unverified Users. Musk Believes The Move Will Address The Extreme Levels Of Data Scraping And System Manipulation.

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There's been talk of a possible break-up for a while now. It seems that Chinese regulators have been concerned about the company's market power for some time.