The Vigilance and Anti-Corruption Bureau (VACB) in Idukki, Kerala, has registered a case against three individuals, including two former office-bearers of Adimaly Grama Panchayat, for allegedly misappropriating Rs 68.62 lakh in a goat distribution scheme meant for 2018 flood-affected people. The accused are alleged to have conspired to award a contract for goat supply to an unlicensed individual, leading to a significant financial loss to the government.
A BJP-nominated councillor in Aheri Nagar Panchayat, Amol Vilasrao Gudeliwar, was arrested on Thursday by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 1.20 lakh from an electrical contractor. He had demanded a 15% commission for works under the 'Nagarotthan' scheme.
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
A gym operator in Surendranagar, Gujarat, has been arrested for allegedly blackmailing and extorting young women by falsely claiming to have their private photos from hidden cameras. Police conducted a decoy operation with female officers joining the gym to gather evidence before his arrest.
Hyderabad cybercrime police have arrested two individuals involved in a 'digital arrest fraud' case where an elderly man was duped of Rs 29.17 lakh. The accused facilitated mule bank accounts and cryptocurrency transactions to conceal the money trail for an absconding third accused. The victim was threatened with arrest by fraudsters impersonating officials from Delhi Police, CBI, and ED.
The Allahabad High Court has ruled that survivors of sexual assault under the POCSO Act cannot be denied compensation solely because their medical report does not record physical injuries. The court directed authorities to pay Rs 3 lakh to a minor under the Uttar Pradesh Rani Lakshmi Bai Mahila Samman Kosh scheme, emphasising that absence of injury marks does not negate sexual assault allegations and that the scheme's provisions must be interpreted liberally.
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Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.
A Delhi resident was allegedly defrauded of Rs 1.35 lakh by two individuals who promised him a driver's job with a monthly salary of Rs 32,000. The victim made multiple online transactions but never received the job, and the money was not returned. The accused are now reportedly demanding an additional Rs 20,000.
India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.
Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
Palghar police have appealed to victims of a ponzi scheme run by Rich 2 Money Private Limited to register complaints. The Economic Offences Wing has identified 48 defrauded investors, losing Rs 5.91 crore, with the company promising high returns on investments in share markets and F&O trading.
Telangana police have arrested two individuals from Andhra Pradesh in connection with a large-scale cryptocurrency investment fraud. The accused allegedly operated a Ponzi scheme through a fake website, cheating around 500 victims of over Rs 10 crore by promising to double investments and offering commissions for recruiting new members.
Equity mutual fund schemes recorded a net inflow of Rs 38,306 crore in September, a 31 per cent increase from the previous month, driven by strong investor interest in mid-cap and small-cap funds despite stock market volatility and foreign portfolio investor (FPI) sell-offs.
The Sports Ministry has revised its Scheme of Assistance to National Sports Federations (ANSF), significantly increasing financial support for organising international events in India, with up to Rs 50 crore available. The new guidelines also maintain funding for National Championships, introduce assistance for National Games, and outline plans for Olympic Training Centres, aligning with India's 2036 Olympic bid and 2030 Commonwealth Games aspirations.
Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
The Union Sports Ministry has committed a grant-in-aid of Rs 2000 crore to the Gujarat Government for hosting the 2030 Commonwealth Games in Ahmedabad. This funding, based on 2025 rates and expected to reach Rs 2500 crore by 2030, will be disbursed from the Assistance to National Sports Federations (ANSF) scheme. Ahmedabad won the bid last year to host the centenary edition, which is anticipated to be a grand event featuring 15 to 17 disciplines, unlike the scaled-down Glasgow Games.
Across all 10 schemes from FY24 to FY26, print media captured 58.8 per cent of the total ad spending, followed by electronic media at 19.5 per cent, digital media at 14.6 per cent, and outdoor media at 7.2 per cent.
The Supreme Court has upheld the Bombay High Court's decision to quash the Yes Bank administrator's write-off of Rs 8,415 crore worth of Additional Tier 1 (AT-1) bonds, criticising the RBI and Yes Bank's conduct.
A 41-year-old man, Pawan Kumar Dugar, has been arrested in New Delhi for allegedly defrauding a garment trader of approximately Rs 2 lakh. Dugar posed as a supplier, shared fake documents, and took money for goods that were never delivered. Police apprehended him in Badarpur and recovered a mobile phone used in the crime.
Delhi government schools have not yet introduced idli-sambar as part of their revised menu, which was announced in August. The delay is primarily due to a lack of necessary equipment and logistical challenges in preparing and serving the dish across multiple schools. Schools continue to serve meals from the older menu while awaiting the required infrastructure.
Police in Thane district have arrested 10 individuals for allegedly operating a work-from-home scam. The fraudsters reportedly lured job seekers, collected their bank details and SIM cards, and then diverted their money into illegal online betting platforms. The racket was exposed following a complaint, leading to a raid in Mumbai where several electronic devices were seized and the accused apprehended.
Jhansi police arrested a government school's officiating headmaster, Govind Das Arya, on Thursday for allegedly tampering with a cheque to embezzle Rs 2 lakh from mid-day meal funds. The case was registered on August 9 following a complaint by the village head, Seema Singh, who accused Arya of increasing a cheque amount from Rs 15,000 to Rs 2.15 lakh and misappropriating the funds.
A former Vadodara corporator has requested land for Indian spinner Radha Yadav to establish a cricket academy, following the Gujarat government's proposal to allocate a civic plot to former cricketer Yusuf Pathan. The request for Yadav aims to promote cricket and develop Vadodara as a sports city, contrasting with Pathan's decade-long dispute over a residential plot.
Kanpur police have uncovered a Rs 2.66-crore cyber fraud operation, leading to the arrest of two individuals and the identification of 89 bank accounts nationwide. The investigation began after a bank manager reported alleged fake complaints filed by one of the accused, Akhil Singh Chauhan, who was denied banking facilities. The fraud involved a fake investment scheme that targeted an exporter, with money routed through numerous mule accounts.
A gym owner in Navi Mumbai has been arrested for allegedly blackmailing his woman business partner and extorting Rs 38 lakh. He threatened to circulate her objectionable videos, which he secretly recorded after establishing physical relations. The victim filed a complaint, leading to his apprehension and remand in police custody.
Two builders have been arrested by the Mira-Bhayandar, Vasai-Virar Police in Maharashtra for allegedly constructing an illegal eight-storey residential building in Virar using forged construction permissions and cheating 113 flat purchasers. The developers used fake commencement certificates and fraudulent documents. They are currently in police custody until October 29.
The Sports Authority of India (SAI) and Indian Oil Corporation have signed an MoU for Rs 40 crore over two years to bolster boxing in India. This partnership, leveraging CSR funds and SAI's expertise, aims to enhance talent identification, athlete development, coaching, and international exposure for boxers, aligning with the revamped Khelo India Scheme.
Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.
The Sports Ministry is set to review India's performance at the recent Asian Games on October 13. The focus will be on the underwhelming results of experienced athletes in sports like badminton, shooting, and athletics.
Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.
'Without that one critical irrigation, the entire crop can be lost.'
A fast-track court in Nashik, Maharashtra, has sentenced Vijay Sanjay Khairnar to death for the rape and murder of a four-year-old girl. The court described the crime as "rarest of the rare," stating that leniency would undermine public confidence in justice. The judge highlighted the extreme depravity of the act, committed on November 16, 2025, and ruled out life imprisonment, also directing Rs 10 lakh compensation to the victim's parents.
A century on, India has adopted the Left's welfare ideas, but not the Left. Why do people borrow the promises, then vote for the temple? questions Binu Alex.
Faridabad police have arrested six individuals in connection with a cyber-fraud case where Rs 50 lakh was swindled using a company CMD's photograph on WhatsApp. The police managed to freeze Rs 29 lakh of the defrauded amount. The accused, from Mumbai and Gujarat, were produced in court and sent to judicial custody.
A Kolkata-based lottery firm, Tiger Associates, donated Rs 260 crore to Tamil Nadu's DMK and AIADMK in 2025-26, significantly increasing its contributions from the previous financial year. The firm accounted for nearly 74% of the combined contributions reported by the two parties, highlighting a concentration of political funding. The disclosures also revealed contributions from electoral trusts and a link between Tiger Associates' partner and lottery magnate Santiago Martin, whose other firm was a major electoral bond purchaser.
Nandan Nilekani, co-founder of Infosys, has urged for the expanded adoption of the Account Aggregator (AA) framework to facilitate formal credit access for self-employed individuals and gig workers. He highlighted its potential to enable cash-flow-based lending by leveraging diverse data streams, moving beyond traditional asset-based lending, and fostering a more inclusive digital financial infrastructure in India.
PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.
The West Bengal Anti-Corruption Branch arrested an RTO official and a middleman in Kolkata for allegedly demanding and accepting a Rs 90,000 bribe to renew a bus permit. The arrests followed a trap operation based on a bus owner's complaint.
