Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.
Delhi Police have arrested a man from Rajasthan for allegedly running an online shopping fraud racket, cheating people through fake social media advertisements offering discounted branded suits and sarees.
A man allegedly involved in nearly 20 criminal cases across Telangana and Andhra Pradesh relating to cheating and matrimonial fraud was arrested, police said.
Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
Rajasthan Police dismantled a cyber fraud operation, arresting 17 individuals for allegedly defrauding an accountant of Rs 5.30 crore by impersonating his company's chairman on WhatsApp.
Motorola's latest Moto G37 duo arrives equipped with the capable MediaTek Dimensity 6400 processor and boots the fresh Android 16 platform straight out of the box.
India's first satellite-tagged Ganges soft-shell turtle released in Kaziranga.
Kapil Dev's efforts to attract sponsors and increase prize money in Indian golf are creating better opportunities for players to qualify for the Olympics and compete globally, according to DP World PGTI CEO Amandeep Johl.
On Raj Kapoor's 38th death anniversary on June 2, 10 soundtracks that reflect the creative crescendos scaled by RK and his musical team.
The CBI has arrested a Pune-based lecturer for allegedly leaking the physics paper of NEET UG 2026 to a select group of aspirants. The lecturer, employed with a Pune school, is termed as another 'source' for the paper leak. The CBI investigation continues with searches and analysis of seized documents.
Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.
Gujarat Titans face Rajasthan Royals in Qualifier 2 of the Indian Premier League, with a focus on stopping Vaibhav Sooryavanshi and improving their batting and fielding.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.
Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.
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.
Police in Meerut, Uttar Pradesh, have dismantled an illegal telephone exchange allegedly used for revenue loss and an online fake loan racket, arresting three individuals and seizing a large quantity of equipment.
Police in Ballia, Uttar Pradesh, have arrested the father and two uncles of a 19-year-old woman, along with another man, in connection with her alleged suicide due to harassment related to her wish to marry her lover.
Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.
Mumbai Police's 1930 cyber helpline has successfully intercepted and frozen over 101 crore defrauded from citizens in the last five months, preventing significant financial losses.
An administrative inquiry has been ordered after a man in Odisha's Keonjhar district was allegedly forced to carry his sister's skeleton to a bank as proof of death to withdraw money. The BJD has alleged further mistreatment, claiming he was made to walk 3 km to re-bury the remains.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
An Indian court has sentenced three men to life imprisonment for the murder and dismemberment of a businessman in Bhubaneswar, after a trial lasting over 11 years.
The renewed rush comes days after Chief Minister Suvendu Adhikari announced that West Bengal would aggressively implement a 'detect, delete and deport' policy against infiltrators.
Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
Jharkhand Police have arrested four individuals, including a candidate, for allegedly using high-tech methods to cheat during the SSC GD constable recruitment examination in Ranchi. The accused, all from Bihar, were caught attempting to hack computer systems at an online examination centre.
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.
A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, citing the gravity of the offence and its systematic execution through layered transactions.
Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.
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.
Police in Odisha's Keonjhar district have conducted raids at 12 locations, detaining 10 people involved in illegal sand mining and transportation as part of 'Operation Baitarani'. The raids resulted in the seizure of over Rs 27 lakh in cash, fake transit passes, and 30 vehicles.
Police in Telangana have arrested three members of an interstate gang in connection with a major jewellery heist in Karimnagar city. The gang, guided by a jailed handler, stole gold and diamond ornaments worth Rs 82.02 lakh after injuring four employees.
Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.
Sirmaur police have formed a special investigation team (SIT) to investigate the deaths of two girls whose bodies were found in the Yamuna river.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
A 13-year-old boy was found dead in a swampy area on the banks of the Noyyal river in Coimbatore. Police have apprehended two minor friends of the deceased in connection with the alleged murder.
Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.
