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The surge, exceeding $106,000, boosted the broader crypto market.

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Zomato received a Rs 803 crore GST notice.

The government says Zomato must pay tax on delivery fees.

Zomato says it passes these fees to delivery partners.

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Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24.

Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five years.

Write-offs peaked in FY19 at Rs 2.4 lakh crore and fell to Rs 1.7 lakh crore in FY24.

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