Mirroring the traditional hawala system, where money is sent through non-banking channels, this digital version uses the anonymity of unregulated cryptocurrency to erase the financial trail and inject cash into the domestic economy.
'Now there is no fight between us (Thackerays); now the fight is with them.'
As India start their T20 World Cup title defence in less than 72 hours, one is tempted to look at Suryakumar Yadav and Gautam Gambhir's working relationship which has been fantastic, at least so going by the results -- a whopping 31 wins in 39 games with a winning percentage of 79.48.
'The prime minister didn't come to Parliament.' 'But the BJP MP is charging that you wanted to assault the prime minister.' 'Only a person who has the intellect and ideology of the BJP can come up with such bizarre charges.'
The caller told the victim that a bank account linked to his mobile number had allegedly received Rs 7 crore through money laundering activities and warned that he would be arrested in the case.
Mumbai police seized a Lamborghini after its driver was caught speeding at 252 kmph on the Bandra-Worli Sea Link. A case has been registered against the unidentified driver for rash and negligent driving.
Experts warn of the dangers of online gaming addiction among adolescents, citing limited social interaction, blurred realities and the potential for tragic outcomes. Recent incidents highlight the need for awareness and intervention.
Once the might of the Indian establishment turned completely against the Maoists, there was no way they could survive -- either in Gadchiroli or anywhere else, points out M R Narayan Swamy.
If all goes well, the new season of ISL may start in the first week of February.
The Mumbai police, currently investigating a cyber slavery case involving five individuals trafficked to Laos under the pretext of job offers in Thailand, arrested the prime accused on Wednesday.
A school bus carrying six children and two staffers got stuck on a waterlogged road in Mumbai after heavy rains. Police rescued them. Schools declared a half-day due to the rains.
'The writing is on the wall for both Shinde and Ajit Pawar.'
As the news spread, workers of Uddhav Thackeray-led Shiv Sena-Uddhav Balasaheb Thackeray rushed to the spot and cleaned the premises.
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan's Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India's (RBI's) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.
'This is purely transactional politics -- there exists no family reunion as such.'
Vijay Amritraj gets Padma Bhushan; Rohit Sharma, Harmanpreet Kaur receive Padma Shri
Local train services in Mumbai were severely disrupted due to heavy rains and track submergence, causing hardship for commuters. Central Railway suspended services on key lines, and long-distance trains were rescheduled or cancelled. Passengers were stranded, and bus services were also affected.
Office redevelopment is emerging as a key growth frontier for developers as India's commercial real estate market shifts towards quality, sustainability, and capital efficiency. With land parcels scarce in central business districts (CBDs) and demand for Grade A offices remaining strong, developers and investors are increasingly turning to ageing office stock in prime locations to unlock value.
UP Warriorz will lean heavily on new captain Meg Lanning as they seek to bounce back after finishing bottom of the standings last season.
The body of a four-year-old boy was discovered in a garbage bin inside a train toilet at Lokmanya Tilak Terminus in Mumbai. An investigation is underway.
Former India skipper Rohit Sharma on Wednesday said watching T20 World Cup from the sidelines for the first time in his career will be a "strange" experience as he reflected on the difficult selection calls and leadership decisions that defined his captaincy tenure.
Several parts of Mumbai received heavy rainfall in the last 24 hours, with Vikhroli reporting the highest downpour. The IMD reported significant rainfall in various areas of the city.
Bollywood stars always make for good pictures but catching them in their most unguarded, candid moments is what makes for great pictures.
'What has changed is that the new regulations are backed by a clear enforcement framework. They have real consequences and, for the first time, make compliance unavoidable.'
210 deaths were directly attributed to commuters falling from overcrowded trains.
A Mumbai court has ordered the mental examination of Chetansinh Chaudhary, a former RPF constable accused of shooting dead his senior colleague and three passengers on a train in July 2023. The court's decision comes after prison authorities reported that Chaudhary is suffering from a mental disorder. He will be lodged in Thane jail during his medical examination at the Thane mental hospital.
The Maharashtra government, led by CM Devendra Fadnavis, will petition the central government to rename IIT Bombay as IIT Mumbai, following controversy over a Union minister's remarks on the institute's name. The move comes amid political tensions and concerns about the city's identity.
Bajaj Auto is planning a slow, calibrated push to take the Chetak, its electric scooter, to more than 100 countries on the strength of its distributor network and market-specific localisation rather than an aggressive global rollout, reports Sohini Das.
Heavy rains lashed Mumbai, slowing traffic and affecting train services. The IMD has issued an 'Orange' alert, advising citizens to stay indoors.
Around 100 artistes heralded the parade, on the theme 'Vividata Mein Ekta (Unity in Diversity) that featured a grand presentation of musical instruments, demonstrating the nation's unity and rich cultural diversity.
Network scale seen as central to tapping smaller markets.
Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
Despite the delay, thousands of devotees, who came to bid farewell to Lalbaugcha Raja, continued to wait at the chowpatty.
Congress veteran and former Lok Sabha Speaker Shivraj Patil passed away at 90. He served as Union Home Minister and held several key posts during his long political career.
Mumbaikars woke up to very heavy rainfall on Monday, while the India meteorological department (IMD) issued a 'red' alert, forecasting extremely heavy rains at isolated places in the city and adjoining areas, prompting the civic body to declare a holiday for schools and colleges, officials said.
Central Railway authorities are investigating an employee agitation that disrupted train services and led to commuter deaths. Unions protested an FIR against engineers in a previous accident, while commuters demand accountability for the disruption and resulting chaos.
The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.
Belgium's supreme court -- the Court of Cassation -- on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the Rs 13000-crore alleged bank fraud in Punjab National Bank, authorities in that country said.
Waheeda Rehman and Jaya Bachchan attended the prayer meet for Kamini Kaushal at the Nehru Centre in Mumbai.
UK police are appealing for information after an Indian rider's motorbike, used for a round-the-world trip, was stolen in Nottingham. The bike contained the rider's passport, laptop, and other personal belongings.
