The ten most-read MediaNama stories this week. The full curated edition lands in newsletter inboxes on Monday morning.

1. IRDAI’s insurance overhaul pushes PB Fintech to non-insurance services

   Speaking about the reset, PB Fintech chairman and group CEO said while the company supports IRDAI’s goal of reducing mis-selling, lower commission payouts are inevitable, and it “will reduce their insurance distribution revenue”.

2. UPI MDR to unlock Rs 80-230 cr annual revenue for Pine Labs

   Pine Labs CEO revealed that the 0.4% MDR on UPI transactions above Rs 2000 could add an annual revenue of Rs 80-230 crore as 75-77% of transactions on its PoS devices are now UPI-based.

3. Amit Shah approved Make in India exemption for NIA’s Cellebrite phone-cracking tool

   India has no published protocol governing forensic phone extraction, even as agencies procure tools capable of accessing extensive smartphone data.

4. Explained: Everything you need to know about Deepinder Goyal’s Temple controversy

   Hepatologist Dr Cyriac Abby Philips or TheLiverDoc has reignited the controversy by asking Temple why they “are already selling the device on preorder” if it has not been “proven to work for any of the claims made”.

5. Supreme Court asks WhatsApp to propose measures to stop digital arrest scams

   The Supreme Court has asked WhatsApp and other intermediaries to propose measures to prevent digital arrest scams. It also directed banks to compensate victims when their lapses enable fraud.

6. India’s digital laws need to look beyond platform content to platform design

   Infinite scroll, autoplay and personalised feeds make it easier to keep scrolling than to stop. India needs to examine how platform design influences user behaviour.

7. Lowdown: What RBI’s consolidated cyber security rules mean for payment apps and users

   RBI’s new master direction consolidates cyber security rules for non-bank payment operators and introduces safeguards against digital payment fraud.

8. Amitabh Bachchan secures permanent injunction from Delhi HC in personality rights case

   The Delhi HC has ruled in favour of Amitabh Bachchan in a personality rights suit, barring unauthorised commercial use of his name, image and voice by named and unidentified defendants.

9. Instagram restricts Reporters’ Collective story on ECI vote-count twice, cites IT Rules

   The Reporters’ Collective revealed that Instagram first restricted their “story on ECI’s internal records of 2024 elections with two hours” of posting it, citing IT Rules. Then it blocked a post about the restriction within 15 mins.

10. ED alleges CoinDCX routed Indian users’ trades abroad via a Costa Rican entity

    ED raided the offices of CoinDCX operators over allegations that it routed Indian users’ payments in rupees through an account held by a Costa Rican entity to execute stablecoins pegged US dollar trades on foreign crypto exchange.