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Transfer of money to wrong UPI number: There might be a situation when a particular mobile number which was linked with unified payment interface (UPI) got deactivated and got allocated to another individual who in turn has linked the said mobile number with his bank account. This can result in unintentional transfer of money to another individual.
Legal experts warned that users could face action for sharing unsubstantiated content on social media following the ruling, which said that reposting defamatory content would attract similar liability as the original post.
A similar incident happened to a 37-year-old man in Bengaluru who met a woman named Megha Raghavan on a matrimonial site and eventually lost ₹76.2 lakh.
The government has prioritised the development of micro, small and medium enterprises (MSME) and introduced various initiatives to support them. Finance minister Nirmala Sitharaman announced the allocation of Rs 22,137 crore to the MSME ministry for FY25. The government has introduced schemes like Emergency Credit Line Guarantee Scheme (ECLGS) and TReDS to address delayed payments for MSMEs. Additionally, a voluntary settlement scheme has been introduced for settling contractual disputes involving the government.