Customs officials at Pune airport seized 1.265 kg of hydroponic weed, valued at Rs 44.27 lakh, from an Indian passenger arriving from Bangkok. The passenger was arrested under the NDPS Act, and further investigation is underway to trace the drug supply chain.
India's largest bank, SBI, is investigating the suspected exposure of 3,897 customer records containing personally identifiable information on the dark web. The bank received alerts on October 16 and has initiated cyber incident response protocols, engaging an independent cybersecurity agency. While a detailed assessment is underway, SBI states the incident has not materially impacted its core business operations. This comes as CERT-In also warned last week about autonomous AI agents accessing confidential data and reported a compromise of eMudhra's private keys.
Keralam police have issued a public caution against cyber fraudsters who use fake customer care numbers of banks and e-commerce platforms to deceive individuals and steal their personal and financial information. Fraudsters post fake numbers online, then contact victims posing as support agents, asking them to install remote access apps or make small payments to gain access to sensitive data.
Customs officials at Indira Gandhi International Airport in New Delhi arrested an Indian woman arriving from Bangkok after recovering 16 kg of hydroponic cannabis, valued at Rs 5.62 crore, from her baggage. The seizure was made on October 10, and the woman was arrested under the NDPS Act.
Two Indian passengers arriving from Bangkok were arrested at Indira Gandhi International Airport in New Delhi after Customs officials seized nearly 4 kg of suspected ganja, valued at Rs 1.38 crore, from their baggage. The duo was intercepted based on profiling, and the contraband was recovered from their trolley bags. They face charges under the NDPS Act.
Customs officials at Kempegowda International Airport in Bengaluru seized over 70 kg of hydroponic ganja, valued at Rs 24.53 crore, from 10 passengers arriving from various countries. The arrests were made on October 1 and 2 under the NDPS Act, with seizures including significant quantities from passengers arriving from Bangkok and Kuala Lumpur.
Punjab & Sind Bank MD and CEO Swarup Kumar Saha clarified that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers for UPI payments, ensuring consumers only pay the displayed price. The new MDR structure, effective October 15, applies a 0.4% charge on P2M transactions above Rs 2,000, with specific flat rates for certain sectors, but small-value transactions remain free.
Customs officials in Palakkad seized over 51 kg of ganja, valued at Rs 25.88 lakh, from unattended backpacks at Palakkad Junction railway station. The seizure, made on September 17, followed intelligence about narcotic movement via trains. An investigation is underway to identify those responsible for abandoning the drugs.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
'UPI has been free since Covid, so why is the government charging us now?'
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
A Delhi consumer commission has directed Punjab and Sind Bank to refund Rs 10,000 to a customer whose ATM transaction failed to dispense cash but debited his account. The bank was also ordered to pay significant compensation for delayed reversal, mental agony, and litigation expenses, reinforcing consumer rights in banking disputes.
A Delhi consumer commission has directed Punjab and Sindh Bank to refund Rs 10,000 to a customer whose ATM transaction failed to dispense cash but debited the amount. The bank was also ordered to pay compensation for delayed reversal, mental agony, and litigation expenses, highlighting a deficiency in service.
The Allahabad High Court has ruled that a customer visiting a brothel for personal gratification cannot be prosecuted under Sections 3, 4, 5, and 7 of the Immoral Traffic (Prevention) Act, 1956. The court clarified that paying for personal lust does not constitute "procurement for the purpose of prostitution," which implies commercial exploitation. This decision led to the quashing of charges against a man apprehended in a Ghaziabad raid.
The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
Luxury car buyers in India are spending lakhs -- and sometimes crores -- to make their cars truly their own, turning personalisation into a growing business opportunity for automakers.
Customs officials at Delhi's Indira Gandhi International Airport seized 3.2 kg of gold rods, valued at approximately Rs 4.03 crore, from an Indian passenger arriving from Dubai. The gold was found concealed inside a floor spring in the passenger's baggage.
Indian digital certification authority eMudhra has reported a compromise of private keys for some of its global TLS and code-signing certificates, according to Cert-In. This incident, while eMudhra states it has limited impact on its Indian operations, could allow cybercriminals to impersonate websites. Separately, SBI has disclosed a suspected exposure of nearly 4,000 customer records on the dark web.
Ahmedabad Customs officials arrested a passenger arriving from Vietnam and an individual waiting to receive him at Sardar Vallabhbhai Patel International Airport on Sunday for allegedly carrying and coordinating a consignment of marijuana. Seven vacuum-sealed packets containing approximately 2.117 kg of suspected marijuana were recovered from the passenger's baggage.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government, posing 12 questions regarding the banking sector. He highlighted issues such as recurring bank charges, reduced interest rates, demonetisation's impact, missing locker valuables, and poor working conditions for bank employees, accusing the government of weakening banks and exploiting vulnerable communities.
Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.
Bengaluru Customs officials arrested two passengers at Kempegowda International Airport and seized hydroponic ganja worth a total of Rs 9.67 crore in two separate cases. The arrests were made under the NDPS Act, with both individuals arriving from Bangkok.
IT services firm Tech Mahindra has announced a collaboration with AI coding platform SpaceXSI to help global enterprises modernise legacy applications, accelerate software delivery, and improve developer productivity through AI-assisted engineering across the software lifecycle. The partnership aims to embed AI intelligence across the software development lifecycle for better business outcomes, focusing on sectors like technology, telecommunications, and banking.
The Ahmedabad Cyber Crime Branch has arrested two men from Rajasthan for allegedly defrauding people of Rs 8 lakh by selling fake garba event passes during Navratri. The accused used Instagram, forged email IDs, WhatsApp, and AI tools like ChatGPT to create authentic-looking tickets and promotional material, targeting around 40,000 people. They sold 686 bogus passes for various high-end events before being apprehended based on a complaint from a garba organiser.
'... but runs with the rigour and discipline of a large enterprise.'
India's largest IT firm, TCS, has received threat-intelligence alerts regarding a potential leak of 'basic' employee data, but the company asserts there is no indication of customer data or operational systems being affected.
Navratri is the perfect excuse to turn your festive wardrobe up a notch, and Day 7 brings a royal twist with purple. Associated with luxury, wisdom, ambition and spiritual energy, this rich shade is perfect for anyone who likes their festive fashion with a little extra drama.
Delhi Police conducted raids on two spa centres in central Delhi, rescuing 19 women and arresting 10 individuals, including owners and operators, for alleged illegal activities. The operations were carried out by Nabi Karim and Paharganj police teams.
Hollywood's biggest names brought their A-game to the sixth annual Academy Museum Gala in Los Angeles on October 17, turning the red carpet into a masterclass in high-fashion.
The Qualified Institutional Buyers (QIBs) portion of the Jio Platforms IPO was fully subscribed at over 2x demand within minutes of its issue opening on Wednesday, indicating strong institutional interest in India's largest public issue.
Golf superstar Rory McIlroy has announced a multi-year partnership with global logistics company DP World. The collaboration will see DP World transport McIlroy's personalised fitness and recovery facilities across his PGA Tour and DP World Tour schedules, ensuring consistent training environments worldwide. This initiative highlights DP World's expertise in complex logistics and makes McIlroy a global ambassador for the company.
A 23-year-old delivery executive, Sameer Hussain, allegedly died by suicide after being assaulted over a torn Rs 10 note in East Delhi. He recorded a video expressing his humiliation before consuming poison. Two accused have been arrested, and police have added abetment of suicide charges to the case.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Geopolitical disruptions have made shipping times unpredictable and raised costs for Volvo Car India, which may have to increase vehicle prices if the situation persists, its Managing Director Jyoti Malhotra said on Monday.
Customs officials at Indira Gandhi International Airport in New Delhi arrested an Indian passenger arriving from Bangkok and seized 12.85 kg of suspected ganja, valued at approximately Rs 4.5 crore, on Friday. The passenger was intercepted on October 6, and the contraband was found in his trolley bag.
Mercedes-Benz India's Managing Director & CEO Santosh Iyer stated that demand continues to outstrip supply, particularly for the CLA electric vehicle, with over 1,000 orders and deliveries extending to March-April 2027. The company could have sold an additional 1,000 vehicles if supply had been adequate.
'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'
OpenAI discovered a sophisticated recording device in its office, using its AI models to identify an employee, Abdulrahman Alfozan, who had planted it. The FBI has since arrested the Saudi national, and OpenAI has terminated his employment, stating there's no indication of data exfiltration.
'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'
