'When the women of India become unstoppable, India becomes unstoppable.'
A college student in Kochi has been arrested for allegedly morphing photographs and videos of teachers and female students into obscene content and circulating them on social media platforms like Telegram and Instagram. The arrest followed a complaint from the college management, which also dismissed the student. Police are investigating the extent of the network and potential financial motives.
A 68-year-old Mumbai resident was defrauded of Rs 7.21 crore by cyber criminals who threatened her with false accusations of money laundering and terror funding. The fraudsters coerced her into transferring funds to bank accounts and a cryptocurrency wallet after impersonating officials from various agencies.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.
India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
Making several announcements in the assembly, Vijay, fulfilling TVK's key electoral assurances, announced three free cooking gas cylinders and also declared that the Parandur greenfield airport project will be shelved.
Police in Sambhal, Uttar Pradesh, have registered a case against a postal assistant after suspicious transactions worth approximately Rs 4.5 crore were allegedly detected in his bank accounts.
For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Whether it's a five-star banquet hall, a school lunch supplier, a blood bank, or a Bollywood actors' surrogate advertisements, Tukaram Mundhe seems to have an opinion, a bye-law, and very possibly an inspection team on standby.
Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.
The iQOO Z11 has joined the brand's Z series in India, with sales set to begin on August 25.
The Delhi government has notified detailed guidelines for the Delhi Lakshmi Yojana, outlining strict provisions for beneficiaries found ineligible, including discontinuation of financial assistance, recovery of disbursed funds, and potential fraud charges. The scheme provides Rs 2,500 monthly to eligible women, with specific rules for fund disbursement via RD/FD accounts and CBDC wallets, along with clear eligibility and exclusion criteria.
Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.
The smartphone goes on sale from June 19 via Amazon and will be available in Asphalt Black, Nitro Blue and Turbo White finishes.
Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.
A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and 15 others in connection with a Rs 200-crore money laundering case.
The Ram Temple trust in Ayodhya has implemented a new, two-shift system for counting cash donations, overseen by the State Bank of India (SBI), following an embezzlement scandal. A new team, including ex-servicemen and supervisors, has been deployed to enhance security and transparency in the process, aiming to prevent future theft and restore public trust.
Bangladeshi cricket legend Shakib Al Hasan, an ally of ousted PM Sheikh Hasina, is willing to return from exile in the US to face charges, including murder, if the government guarantees his safety. He hopes to play a farewell series and represent Bangladesh in the 2027 World Cup, highlighting the challenges faced by Hasina's allies after her government's fall.
Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.
Opposition leaders have questioned how caste responses will be recorded without state-wise pre-prepared lists.
A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.
The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.
LAMF allows investors to access liquidity while staying invested.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
Poor families, she said, cut corners on their own needs to pay for coaching and fees, and when their child clears JEE, it's the happiest day the family has had in years. So why, she asked, her voice already starting to climb, does the same system that we're told is the best in the country keep pushing those very students toward what she called 'institutional deaths'?
A Delhi court acquitted five men accused in a 2018 dacoity-cum-murder case at a Corporation Bank branch, citing the prosecution's failure to establish their involvement beyond a reasonable doubt. Key eyewitnesses and bank staff could not identify the accused during the trial.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
Motorola has expanded its G-series lineup in India with the launch of the Moto G77 Power, a smartphone designed for users who prioritise battery life and reliable everyday performance.
A school teacher in Ajmer was defrauded of Rs 3.66 lakh by cyber criminals who lured her with a fake online offer to buy a rare Rs 5 note for Rs 48 lakh.
