Google's payment app for India 'Tez' becomes Google Pay
New Delhi, Aug 28 : Readying its digital payment service for India, Tez, for a global roll out, Google on Tuesday renamed the app as Google Pay and introduced new features that could soon help its Indian users get instant "pre-approved" loans from some banks.
"Building for India has often meant Google building for everyone all around the world," Caesar Sengupta, Vice-President, Next Billion Users initiative and Payments, Google, said at its annual Google for India event here.
"At the moment, nothing is changing about the experience in India other than the name," he said, adding that Google is working with a few of India's top banks -- HDFC Bank, ICICI Bank, Federal Bank and Kotak Mahindra Bank -- to offer pre-approved, instant loans to their customers, right from within Google Pay.
This feature will roll out to eligible users within the next few weeks, Google said. With the roll out of this feature, eligible users will see a notification telling that that they are pre-approved.
Next, the users would have to decide how much they want to borrow, and how quickly they would like to repay.
Finally, after reviewing the terms of the loan, the bank will deposit the money in their bank account instantly -- without the need of any additional paperwork, Google said.
"In coming weeks and months, Google is making Pay even more useful through expanding the places users can pay in-store and online, expanding services for merchants, and working with the banks to provide instant loans to Google Pay users," Sengupta said.
Google launched the Tez app in India last year and since then over 55 million people have downloaded the app and more than 22 million people and businesses actively use the app for digital transactions every month.
Google Pay works with all major banks in India on BHIM UPI (Unified Payments Interface).
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Pleas challenging validity of Waqf law mentioned in SC for urgent hearing
New Delhi (PTI): The Supreme Court on Monday agreed to consider listing petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025.
A bench headed by Chief Justice Sanjiv Khanna took note of the submissions of senior advocate Kapil Sibal, appearing for Jamiat Ulama-i-Hind, that the petitions needed to be listed for urgent hearing.
He said several other petitions have already been filed.
"I will see the mentioning letter in the afternoon and take a call. We will list it," the CJI said.
President Droupadi Murmu on Saturday gave her assent to the Waqf (Amendment) Bill, 2025, which was earlier passed by Parliament after heated debates in both Houses.
Several petitions, including one by Samastha Kerala Jamiathul Ulema, have been filed in the apex court challenging the validity of the Act.
In its petition, the Jamiat Ulama-i-Hind has said that this law was a "direct attack on the country's Constitution, which not only provides equal rights to its citizens but also grants them complete religious freedom".
"This bill is a dangerous conspiracy to strip Muslims of their religious freedom. Therefore, we have challenged the Waqf (Amendment) Act, 2025, in the Supreme Court, and the state units of Jamiat Ulama-i-Hind will also challenge the constitutional validity of this law in the high courts of their respective states," the Jamiat stated.
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