Indians are more vulnerable to technology support-related scams compared to the global average, and lost over Rs 15,000 on average in such scam, a Microsoft research has found. According to the 2021 Global Tech Support Scam Research report, which looks at tech support scams and their impact, consumers in India experienced a relatively high scam encounter rate of 69 per cent during the past 12 months, close to the 70 per cent rate experienced in 2018. In contrast, there was an overall five-point drop in scam encounters globally with a rate of 59 per cent over the same period. The survey was conducted in Spring 2021 and asked consumers to share their experiences with tech support scams for the year prior (January 2020 to present).
Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities.
The government on Monday ruled out the possibility of free food-grains distribution to migrants saying there is no panic situation and no complete national lockdown unlike last year.
Ex-India captain Sourav Ganguly and Baroda's Krunal Pandya were among a host of cricketers who have come to aid of former India player Jacob Martin, who is in a critical condition in a Baroda hospital
While Himanta Biswa Sarma scotched rumours that he would be the king this time, political sources in Guwahati maintained that he, and not Chief Minister Sarbananda Sonowal, had a bigger say in choosing candidates, reports Radhika Ramaseshan.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
Understanding these seemingly difficult terms will help you navigate the complex world of personal banking with ease.
The Euro was formally launched on January 1, 1999, but the currency has only been used for non-cash transactions such as cheques and bank transfers. The Euro notes and coins were officially launched on January 1, 2002, with the new currency becoming the sole legal tender of the Eurozone on March 1, 2002.
Jaitley said the Congress has given to the people many slogans but very little resources to implement its election promises.
Leading private sector bank ICICI Bank will charge its customers Rs 5 per transaction from next month for transfer of funds over mobile phones, a service available for free as of now.
Sreedharan said when the first section of the Delhi Metro was to be opened in 2002, he had taken a firm decision that no one would be given travel concession.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
The interim dividend will help Narendra Modi-led government partly bridge the deficit its budget had developed after the announcement of a Rs 75,000 crore a year cash dole scheme for small farmers.
Close to a million small shareholders have stake in nine NCLT-bound companies
The Centre will utilise huge network of post offices across the country to sell subsidised pulses, mainly tur, urad and chana, to ensure availability in the ongoing festival season.
Cryptocurrency exchanges face issues with their current bank accounts.
An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
The parliamentary standing committee on finance on Thursday approved the repeal of IDBI Act, paving the way for conversion of Industrial Development Bank of India into a bank.
The Congress chief spoke to the students on a host of issues, including demonetisation, job loss and his growth as a political leader.
Japan coach Javier Aguirre, Manchester United midfielder Ander Herrera, Atletico Madrid captain Gabi and 38 others have been named in an alleged case of match-fixing involving a La Liga match in the 2010-11 season.
Modi's second visit to Arunachal Pradesh was vehemently opposed by China which urged India to refrain from taking any action that may "complicate" the boundary question.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
Monsoon delay? Claiming compensation from an airline isn't easy.
The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign sovereign bonds declined during the year even as its investments increased.
The Unified Payment Interface could propel banking into a new era
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
'In a country like ours, people talk about wanting to be like Singapore, but when it comes to paying taxes, they start criticising.' 'The medicine is bitter, but the long term effect is good,' Senthil Natarajan, who runs Kovai Pazamudhir Nilayam, a one of its kind fruit and vegetable chain in Tamil Nadu, tells Rediff.com's Archana Masih.
Gold loans can be released online or by bank transfers.
Interrogation of the last three accused arrested in the suspected ISI-linked espionage racket by Delhi Police brought to fore a conflict within the spying ring which might have led to its busting.
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
At a time when the Modi government is attempting to push cashlessness with coercive means, Devangshu Datta explains why cash usage is popular even in nations with good cashless infrastructure.
Given the international practice, it is inexplicable why the government is going with anonymous electoral bonds.
Passwords, addresses, photos, medical data all at risk
Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.
It is important to celebrate when your first paycheck arrives, but is equally important to ensure that you take the time to learn some very important personal finance lessons, so that you can put your salary to work for you and grow a savings corpus.
Gone are the days of over-the-top Diwali parties, says Kishore Singh. This year round, the taxman is the invisible -- and unwanted -- guest at these once extravagant affairs.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Rejecting the Election Commission's suggestions on transparency and accountability in poll funding, the Congress party has expressed its inability to issue receipts to all persons or companies making donations to it for elections as it "neither practical nor possible".
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