In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
A doctor in Ballia, Uttar Pradesh, has been arrested and charged with culpable homicide after a 25-year-old woman died during a caesarean delivery at a private hospital. The arrest follows a complaint alleging negligence and extortion.
Police in Greater Noida are awaiting forensic analysis of viscera samples to determine the exact cause of death of a 24-year-old woman whose family alleges she was murdered over dowry demands.
Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.
Faridabad police arrested five suspects, including the kingpin, linked to a sextortion racket that allegedly trapped people using fake profiles on social media and online dating platforms before coercing them for money.
Punjab BJP chief Sunil Jakhar has accused AAP workers of 'hooliganism' at BJP offices across Punjab, while Haryana CM Nayab Singh Saini criticised the AAP government in Punjab for alleged corruption following recent ED raids.
Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.
Delhi Police have arrested Abas Khan, the alleged kingpin of a sextortion racket, from Rajasthan's Mewat region for allegedly duping a 21-year-old man of Rs 2.52 lakh through a fake video call and blackmail.
Kanpur police have exposed a large-scale fake degree racket, arresting two individuals allegedly involved in supplying forged educational documents across multiple states. The operation uncovered fake marksheets, migration certificates, and degrees from various universities, raising concerns about the integrity of academic credentials and potential implications for employment and admissions.
India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.
Delhi police have arrested two men, including the husband, in connection with the death of a 25-year-old woman who allegedly fell from a building in Inderpuri. The woman's family alleges dowry harassment and violence leading up to her death.
The post-mortem report of Twisha Sharma, who died in Bhopal, indicates 'antemortem hanging by ligature' as the cause of death, along with multiple blunt force injuries. Police investigation and family accusations continue.
Indian journalists Anand RK and Suparna Sharma have been awarded the Pulitzer Prize for their reporting on digital surveillance and cyber fraud.
Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.
Delhi has seen an increase in crimes committed by foreigners, with 201 cases registered in 2024 compared to 130 in 2023, according to NCRB data. Delhi accounted for the highest number of such cases among union territories. West Bengal recorded the highest number of such cases among states.
Hockey India has called an urgent executive board meeting to address a series of sexual harassment, misconduct, and indiscipline cases, considering stringent actions including life bans.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
According to pollster Pradeep Gupta, years of TMC "misrule" that created a "climate of fear", Prime Minister Narendra Modi's charisma and the organisational abilities of Amit Shah and the RSS brought the BJP to power in West Bengal.
Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's silence on the NEET paper leak controversy, demanding the sacking of Education Minister Dharmendra Pradhan and questioning the government's handling of the situation.
Six individuals have been arrested in Bhopal for allegedly robbing the director of an IAS coaching institute of Rs 1.89 crore after holding her captive for two days. The accused lured the director to Bhopal under the guise of opening a new centre and organising a seminar, before holding her hostage and forcing her to transfer funds.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Delhi Police have arrested two individuals involved in an investment scam where a local resident was cheated of Rs 1.60 lakh. The investigation has linked the accused to a broader cyber fraud network with transactions worth approximately Rs 68 lakh across multiple states.
AM Shahjahan and Vanni Arasu from IUML and VCK respectively were sworn in as ministers in Tamil Nadu, increasing the number of allies in the TVK government. This marks the first time representatives from both parties have been inducted into the state cabinet, signifying a shift in Tamil Nadu's coalition dynamics.
The Enforcement Directorate (ED) has arrested three founders of online gaming platform Gameskraft in connection with a money laundering case linked to alleged fraud.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
A new report highlights India's increasing vulnerability to cyberattacks and CBRN threats due to geopolitical tensions, industrial growth, and urbanisation, calling for an urgent strengthening of its CBRN security strategy through collaboration and investment.
The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
Delhi Police have arrested three individuals, including a bank official, for allegedly defrauding a retired government officer of over Rs 45 lakh through a fake trading application.
The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.
The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
Under Mission Sudarshan Chakra, the country's national security shield is to be expanded by 2035 to ensure comprehensive protection of both strategic and civilian critical infrastructure.
Researchers at IIT Kanpur are studying alpha waves in the brain to understand how stress affects cognitive functions. The study aims to build automated models of stress dimensions using EEG and correlating them with factors like loss of control, helplessness, and anxiety.
A Nigerian national was arrested in Delhi by the Uttar Pradesh STF for allegedly creating fake profiles of US and UK citizens on social media and cheating victims on the pretext of sending expensive gifts and foreign currency.
IDFC First Bank reported a Rs 590 crore fraud involving its employees and others in accounts held by the Haryana government. The bank has informed regulators and filed a police complaint, initiating internal reviews and forensic audits.
Gurugram Police have arrested two former bank employees for allegedly fraudulently obtaining loans by accessing data of pre-approved accounts.
The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.
Delhi recorded the highest number of crimes against foreigners in India in 2024, according to the latest NCRB data. The city reported 64 cases, a rise from 63 in the previous year, and accounted for almost the entire share of crimes against foreigners reported in union territories.
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