A 38-year-old woman in Thane district committed suicide after discovering her bank account was allegedly used in multiple cyber fraud cases across several Indian states, leading to immense anxiety and police questioning notices.
Instant messaging app WhatsApp temporarily put multiple accounts, including those in India, "under review" for 24 hours, blocking all app features. This disruption prompted numerous affected users to voice their concerns on social media, while a WhatsApp spokesperson acknowledged the issue, stating they are working to resolve it quickly.
The official Instagram account of the Cockroach Janta Party (CJP) was temporarily taken down on Independence Day, prompting the outfit to allege an attempt to silence its voice. The account was later restored, and the CJP, known for its student-centric campaigns, vowed not to be intimidated.
AAP national convenor Arvind Kejriwal has claimed his social media account was restricted in India by Meta, with no clear reason provided. He questioned Meta's actions and linked it to political pressure.
New dematerialised (demat) account additions in India reached a six-month high in July, with 2.89 million new accounts opened, driven by a buoyant initial public offering (IPO) market and a broad-based rally in equities.
The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.
The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework and tighten accountability around the use of artificial intelligence (AI) and machine learning (ML) in financial markets, Sebi Chairman Tuhin Kanta Pandey announced.
A US Congress-constituted advisory body on religious freedom, the USCIRF, has urged the Trump administration to revoke the visa issued to RSS chief Mohan Bhagwat, citing concerns over alleged violent attacks against religious minorities by RSS subgroups.
The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
Meta wrote to the government on Wednesday outlining the specifics of enhanced and rigorous safeguards it has now implemented for content posted by the Prime Minister and other prominent accounts, according to sources.
The Calcutta High Court has appointed a retired judge as a special officer to manage the day-to-day expenses of the Mamata Banerjee-aligned Trinamool Congress (TMC) from three debit-frozen bank accounts. The accounts were frozen following a complaint by a rival TMC faction alleging they held proceeds of crime. The court allowed transactions for party expenses and legal costs, noting that the initial freezing lacked specific material basis and that the complainant had previously benefited from these accounts.
Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.
Former BJP leader K Annamalai has criticised the Centre for its handling of the NEET issue, alleging a lack of accountability despite three question paper leaks and questioning the delay in engaging with student protesters.
The Enforcement Directorate has frozen bank deposits of the Trinamool Congress worth Rs 440 crore under the anti-money laundering law. This action follows searches in a funds misappropriation case, with allegations of significant transfers to a private aviation company and the purchase of luxury aircraft.
Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.
Meta on Tuesday published a detailed blog outlining its efforts to combat child sexual abuse material across its apps, citing AI-powered detection, ad review systems and large-scale enforcement actions, days after the government issued a notice to the social media giant over reports of Instagram advertisements promoting such content.
The Delhi high court ordered the restoration of the Cockroach Janta Party's X handle on Tuesday after the Centre informed it that the account was withheld to prevent "chaos" ahead of the NEET re-test and that there would be no difficulty revoking it now.
Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
A special POCSO court in Vadodara has sentenced five men to life imprisonment for the gang-rape of a minor girl during Navratri two years ago. The court described the crime as "most heinous" and ordered Rs 10 lakh compensation for the survivor, emphasising the seriousness of violence against women, especially during a religious festival.
A 68-year-old Mumbai resident was defrauded of Rs 7.21 crore by cyber criminals who threatened her with false accusations of money laundering and terror funding. The fraudsters coerced her into transferring funds to bank accounts and a cryptocurrency wallet after impersonating officials from various agencies.
Tamil Nadu's state-run liquor corporation, TASMAC, is implementing a new automated indent request process for all retail shops starting September 1. This digital system aims to streamline stock distribution, reduce paperwork, and ensure consumers receive their preferred brands based on local demand.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
Legendary Indian hockey goalkeeper PR Sreejesh expressed strong frustration over India's poor performance at the FIH World Cup, criticising the team's 'underwhelming showing' and demanding accountability. He questioned the 'learning experience' narrative and highlighted issues in both men's and women's team management, urging a focus on winning rather than just playing good hockey.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
The All India Students' Association (AISA) has announced its support for the Cockroach Janta Party's (CJP) proposed September 5 protest march in Delhi. The demonstration aims to demand the withdrawal of FIRs against students and an inquiry into alleged pellet and bullet firing during previous agitations, alongside addressing unresolved issues related to the NEET exam.
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
A Chinese military trading company executive has been arrested for allegedly leaking sensitive defence information to intelligence agencies from two countries, China's top spy and anti-espionage agency said on Monday.
A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.
Indian para-athletes achieved a remarkable feat at the ITTF World Para Future Lahti tournament in Finland, securing a total of 16 medals, including six gold, four silver, and six bronze, showcasing their dominance in both singles and doubles events.
A 37-year-old government contractor in Navi Mumbai died by suicide due to severe financial strain from unpaid bills for completed work. Opposition parties in Maharashtra have accused the state government of negligence, demanding a culpable homicide case against the administration and highlighting a pattern of such incidents among Marathi contractors.
'The number of airport bundles that may be awarded to a single bidder would be capped.'
Karnataka Home Minister Priyank Kharge stated in the Legislative Council that no cases of communal riots or other crimes have been registered against the RSS. This statement, made in response to an opposition query, has sparked a political controversy, with the BJP criticising Kharge, a vocal RSS critic, for his alleged "political vendetta." Kharge, in turn, clarified that the RSS is not a registered legal entity, and therefore, cases are registered against individuals, not the organisation itself, calling for its registration for transparency.
For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.
The Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya will conduct a re-audit of the Shri Ram Janmabhoomi Teerth Kshetra Trust's accounts for the past five years, following preliminary findings of large-scale irregularities.
Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.
American tennis stars Jessica Pegula and Frances Tiafoe acknowledge significant progress in diversity within tennis, citing increased representation across various demographics and global participation, yet both highlight the persistent challenge of affordability and access for aspiring young players.
