Delhi Police have dismantled an interstate cyber fraud syndicate, arresting 14 individuals allegedly involved in fraudulent transactions exceeding Rs 8 crore. The accused targeted job seekers with fake work-from-home opportunities via social media and job portals.
Seven women, including two wives of an accused peon, have been arrested in connection with an alleged embezzlement of Rs 5.5 crore from the District Inspector of Schools office in Pilibhit, officials said on Saturday.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
Delhi Police have arrested four individuals in connection with a daylight robbery near Azadpur Mandi, recovering a car purchased with the stolen money. The arrests followed an inter-state manhunt across Uttar Pradesh.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
As India's biggest Unified Payments Interface (UPI) app PhonePe prepares to list, the updated draft red herring prospectus (DRHP) shows the impact of regulations on the business, and concentration of payments-linked revenue even as UPI lacks MDR (merchant discount rate).
The vertical will be based out of Bengaluru.
Mumbai Police have arrested a man for allegedly defrauding a senior executive of over Rs 60 lakh under the guise of cryptocurrency investment.
Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).
The State Election Commission (SEC) has barred the Maharashtra government from releasing the January instalment of the 'Ladki Bahin' scheme in advance, citing the enforcement of the model code of conduct for municipal elections. The decision follows complaints about the timing of the release, coinciding with upcoming municipal elections.
Last year, the software giant launched a cloud adoption programme for SMBs.
One 97 Communications Ltd, operating under the Paytm brand, has transitioned to a majority Indian-owned and controlled company, reflecting increased domestic investor confidence and improved financial performance.
Delhi Police have dismantled a cyber fraud racket based in Mewat, arresting four individuals for allegedly impersonating Indian Air Force officials and defrauding businessmen using forged documents.
Delhi Police have arrested two men in connection with separate cyber investment fraud cases involving over Rs 74 lakh. The accused were involved in luring victims into investing in fake stock trading and IPO platforms.
Delhi Police have registered an FIR concerning allegations of a 'ticket-for-money' scheme involving individuals connected to the Congress party, following a complaint by a Haryana-based man who claims he was asked to pay substantial amounts to secure an election ticket for his wife.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
Delhi Police have arrested a man from Maharashtra for allegedly cheating a Delhi resident of Rs 9.25 lakh on the pretext of arranging a visa and overseas job.
The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.
A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.
A 32-year-old man has been arrested in Delhi for allegedly defrauding a resident of 2 lakh under the guise of selling a second-hand car online. The accused impersonated an employee of a reputable online car sale platform to gain the victim's trust.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.
The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.
India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.
Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
Rajasthan Police have issued an advisory warning citizens about potential cyber fraud attempts disguised as part of the ongoing digital census. Scammers may use various methods, including fake calls, messages, and in-person visits, to steal personal and financial information.
A RBI constituted panel on financial inclusion headed by Nachiket Mor had recommended the setting up of the payments banks in order to deepen access to finance.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
The Infinix Note 60 Pro is now on sale across India -- the entry model is equipped with 8 GB memory and 128 GB storage. It is priced at 31,999.
The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.
Fraudsters in Thane, Maharashtra, allegedly duped 11 residents by promising low-cost housing under a government scheme and forging their credentials to open bank accounts for larger financial transactions.
Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.
Noida Cyber Crime Police arrested four individuals in Sector 76 for allegedly defrauding foreign nationals through a tech support scam. The accused posed as technical support agents, falsely claiming hacking incidents to extort money from victims.
A 72-year-old doctor in Mumbai was defrauded of 10,000 by cyber criminals posing as Mahanagar Gas Limited personnel who tricked him into downloading a malicious file.
Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.
Haryana Chief Minister Nayab Singh Saini released over 2,115 crore directly into the bank accounts of beneficiaries under various welfare schemes, benefiting over 58 lakh eligible individuals.
A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.
Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.
