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BusinessPhoto: Mint Companies

Policybazaar CEO Says Agent Business May Need Restructuring Under Irdai Rules

PB Fintech Ltd, parent of Policybazaar, said its point-of-sale person (PoSP) insurance distribution business may need restructuring if the Insurance Regulatory and Development Authority's (Irdai) proposed rules are adopted as is. CEO Yashish Dahiya noted that open-architecture distributors would be paid less than closed-architecture ones, limiting the current PoSP model. The business could evolve into a services player. PB Partners earned ₹698 crore in Q2, with 131,000 active partners and 76% premiums from tier-II and III towns.

Mint Companies·

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PoliticsPhoto: NDTV

Supreme Court Questions False Rape Cases Over Ended Relationships

The Supreme Court expressed concern over the misuse of criminal law in cases where consensual sexual relationships are later framed as sexual assault after they end. A bench led by Justices BV Nagarathna and R Mahadevan acquitted a man accused of rape, emphasizing that ending a relationship does not criminalize previously consensual acts. The court warned against weaponizing the law due to emotional discord, protecting personal liberty and reputation.

NDTV·

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EntertainmentPhoto: HT Entertainment

Vidnyan Mane to Initiate Criminal Proceedings in Palash Muchhal Case

Actor-producer Vidnyan Mane, childhood friend of cricketer Smriti Mandhana, announced plans to start criminal proceedings against music composer Palash Muchhal after the Bombay High Court dismissed Muchhal's defamation case against him. Mane had accused Muchhal of cheating him out of ₹40 lakh invested in the film Nazaria. The legal dispute began after Muchhal and Mandhana called off their wedding in December 2025.

HT Entertainment··Mumbai

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SportsPhoto: NDTV Cricket

Shreyas Iyer Admits Bowling Shortfall in India’s T20I Loss to New Zealand

India T20I captain Shreyas Iyer acknowledged that the team fell short in bowling after an 87-run defeat to New Zealand in the fourth T20I. He credited Glenn Phillips for his match-winning century, which played a key role in New Zealand's victory.

NDTV Cricket·

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PoliticsPhoto: The Hindu

BRS Claims It Protected Miyapur Land, Criticizes Congress Plans

T. Harish Rao, Deputy Floor Leader of BRS Legislature Party, stated that the previous BRS government protected 550 acres of government land in Miyapur by fighting a Supreme Court case. He accused the current Congress government, led by Chief Minister A. Revanth Reddy, of planning to monetize the land. The dispute began as a Special Leave Petition in 2003 and became a Civil Appeal in 2013. BRS leader K. Chandrasekhar Rao ensured the land remained government-owned after Telangana's formation, hiring Senior Counsel C.S. Vaidyanathan in 2015 to defend it.

The Hindu··Hyderabad

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TechnologyPhoto: NDTV

North Korean Group TraderTraitor Linked to $6 Billion Binance Heist

TraderTraitor, a North Korean hacking group, is suspected of orchestrating a $6 billion theft from Binance, the world's largest cryptocurrency exchange. Blockchain firms TRM Labs and Chainalysis have high confidence in this attribution, citing similarities with previous North Korean cyber thefts. TraderTraitor is believed to be part of the Lazarus Group, known for major global cyberattacks.

NDTV·

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