'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.
A 29-year-old man has been arrested in Delhi for allegedly stealing motorcycles by posing as a prospective buyer and taking them for test drives before fleeing. Police recovered six stolen high-end motorcycles and solved nine cases across Delhi-NCR.
An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.
Defence Minister Rajnath Singh has launched a strong attack on West Bengal Chief Minister Mamata Banerjee, accusing her government of appeasement politics, encouraging illegal immigration for votes, and leading the state into misrule and corruption.
Delhi Police have arrested two members of the 'Takkar Gang' who used distraction techniques to steal cash and valuables from pedestrians in the Paschim Vihar area.
Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.
A jeweller has been arrested in Haryana in connection with a Rs 590 crore fraud at IDFC First Bank. The investigation revealed that over Rs 250 crore was routed to the jeweller's firm from companies linked to the accused.
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A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
The Himachal Pradesh Assembly witnessed a heated debate over the rising drug problem, with Chief Minister Sukhvinder Singh Sukhu accusing the BJP of politicising the issue. The opposition alleges police involvement in drug trafficking.
England and Manchester United defender Harry Maguire has been handed a 15-month suspended prison sentence by a Greek court over a 2020 incident in Mykonos.
Delhi Police have arrested a 26-year-old man wanted in connection with a dacoity and vandalism incident at a hotel in Delhi's Palam village area last year.
Cognizant's Chief AI Officer, Babak Hodjat, highlights India's unique position in AI enablement due to its strong technology foundation and large pool of digitally skilled people. He emphasises the continued importance of developers in the age of AI and Cognizant's focus on becoming an 'AI builder' company.
Cognizant's Chief AI Officer, Babak Hodjat, discusses India's unique position in AI enablement due to its strong technology foundation and skilled workforce, emphasising the continued importance of developers in the age of AI-generated code.
The Panchkula Municipal Corporation has reported discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank, amounting to approximately 150 crore. The matter has been reported to the State Vigilance for further investigation.
Authorities in Balrampur, Uttar Pradesh, have launched an inquiry after a man and his elderly mother were allegedly assaulted at a petrol pump. A video of the incident went viral, prompting swift action from local officials.
The Maharashtra Vidhan Bhavan in Mumbai was evacuated following a bomb threat received via email during the budget session, prompting security checks and a search operation.
A social welfare department officer in Tumakuru, Karnataka, allegedly died by suicide, accusing a senior colleague of harassment in a selfie video. Police have launched an investigation into the allegations.
The Maharashtra Vidhan Bhavan in Mumbai received a bomb threat via email during the budget session, leading to a security search and evacuation. Authorities deemed the threat a hoax after finding nothing suspicious.
The Employees' Provident Fund Organisation (EPFO) has decided to maintain the interest rate on employees' provident fund (EPF) deposits at 8.25 per cent for the fiscal year 2025-26, marking the second consecutive year at this rate.
Two revenue officials in Jaipur were arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 30,000 for the division of agricultural land.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.
India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.
India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.
Uttarakhand Chief Minister Pushkar Singh Dhami criticised the Trinamool Congress' governance in West Bengal, citing issues such as increased infiltration, corruption, and atrocities against women during a rally in Hingalganj.
Police in Kerala have launched an investigation into the death of a woman who delivered a baby at home in January, allegedly due to inadequate medical care. The woman, Muhseena, died after developing sepsis and organ failure. Authorities are investigating the husband and family, focusing on allegations of denied medical treatment and improper postnatal care.
A 23-year-old trainee manager in Delhi has been arrested for allegedly stealing over 1.25 lakh from a service apartment facility. Police recovered a significant portion of the stolen money and items purchased with it.
'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'
The DMK party in Tamil Nadu has released its manifesto for the upcoming Assembly elections, promising a range of welfare measures focused on women, education, and economic development, including financial assistance and job creation initiatives.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'
The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.
The United States authorities have arrested an Indian-American government employee on charges of 'grand larceny' for allegedly working a 'second, full-time job' during the hours he was being paid to perform his official duties as a state employee.
A local court in Mumbai has accepted the police's closure report in the alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank (MSCB), giving a clean chit to the late deputy chief minister Ajit Pawar and other accused.
A 24-year-old woman was found dead in her Yelahanka home, leading to the arrest of her husband on charges of dowry harassment. The woman's family alleges murder, while police investigate the circumstances surrounding her death.
Delhi Police arrested a 30-year-old cyber fraudster from Jharkhand for allegedly duping a Delhi resident of Rs 6 lakh under the guise of KYC verification. The accused, Bimal Rabidas, confessed to the crime and was found to be involved in similar cases across multiple states.
