The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.
A Delhi court has remanded I-PAC co-founder Vinesh Chandel to the Enforcement Directorate's custody for 10 days in connection with a money laundering case involving alleged diversion of funds worth crores of rupees.
Delhi Police have arrested Raju Mukhiya, the alleged kingpin of a gang involved in house burglaries across multiple states. The gang used domestic workers to gain access to affluent homes and steal valuables.
Kapil Chugh, accused of masterminding a Rs 1,825 crore GST refund fraud, has been arrested by DGGI officers upon his return from Dubai. He is alleged to have evaded investigation and is wanted in other economic criminal cases.
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.
Three individuals, including a woman, have been arrested in Maharashtra's Beed district for allegedly defrauding a man of 23.42 lakh by threatening him with 'digital arrest'.
Delhi Police have arrested three men for allegedly robbing a transport company employee of Rs 23 lakh at gunpoint near Shastri Nagar Metro station. The robbery was executed based on an insider tip-off, and a significant portion of the stolen cash has been recovered.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
Three Nepalese nationals were arrested in the Narkanda area of Shimla with 9.28 kg of opium and Rs 12 lakh. The arrests were made following a tip-off and a vehicle search.
Punjab Police have arrested two individuals and seized a significant quantity of heroin, along with illegal weapons, in a successful operation targeting a cross-border drug and arms racket.
Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.
An elderly couple was found murdered in their home in Khapri village, Chhattisgarh. Police are investigating the case, suspecting a property dispute or personal enmity as potential motives.
Delhi Police have arrested a husband-wife duo and the woman's brother-in-law for allegedly staging a robbery of nearly 4 million in north Delhi. The servant of the complainant conspired with his wife and her brother-in-law to stage the robbery to repay debts.
The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.
Ronda Rousey calls her comeback fight against Gina Carano the biggest in MMA history, dismissing critics and promising a landmark moment for the sport.
Four individuals, including two women, have been arrested in Shajapur, Madhya Pradesh, for allegedly blackmailing a 70-year-old man and extorting approximately 33,000 from him.
A 36-year-old man has been arrested in Thane, Maharashtra, for allegedly impersonating a CBI officer and defrauding people with false promises of jobs in the central agency.
The Supreme Court has granted anticipatory bail to a software firm owner accused of sexually harassing an employee and attempting to frame her and her husband in a criminal case. The court has directed him to cooperate with the investigation and not to influence witnesses.
A house in Delhi's Hari Nagar was burgled while the occupants were at a temple, with gold, silver, and cash worth lakhs stolen. Police are investigating the incident and searching for the suspects.
Rajasthan Police have dismantled a cyber fraud racket operating from a remote island in Dungarpur district, arresting 12 individuals involved in offering fake escort services and scamming victims across the country.
Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.
India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
Delhi Police have dismantled a cyber fraud syndicate involved in providing mule bank accounts, arresting 14 individuals across multiple locations. The syndicate allegedly supplied bank accounts, SIM cards, and ATM cards to fraudsters running fake investment schemes and online job scams, laundering the proceeds through these accounts.
The 22-year-old daughter of an IRS officer was allegedly raped and murdered at her Delhi residence. Police suspect a former domestic help, who is currently absconding.
Congress leader K C Venugopal has filed a defamation complaint against a Haryana-based man, alleging politically motivated accusations ahead of the Kerala Assembly elections.
The Delhi High Court has dismissed a petition by Christian Michel James, an alleged middleman in the AgustaWestland VVIP chopper scam, seeking his release from jail. The court found no merit in his challenge to the India-UAE extradition treaty and a trial court order.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.
While India's interplanetary ambitions remain significant, the current pace of financial and technical progress raises questions about whether the 2027-2028 timelines can be met.
Four Madhya Pradesh police officers have been suspended for allegedly accepting a bribe of Rs 20 lakh from a businessman in exchange for releasing Rs 1 crore found in his vehicle.
Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.
A 48-year-old man has been arrested for allegedly orchestrating a fake police arrest in west Delhi, leading to the kidnapping and robbery of two brothers who were relieved of Rs 40 lakh in cash and valuables.
The Delhi High Court has dismissed Christian Michel James's petition for release in the AgustaWestland VVIP chopper scam case, upholding his continued detention.
The National Stock Exchange (NSE) will launch Dated Brent Crude Oil (Platts) futures on April 13, offering a new hedging tool for market participants.
Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.
Delhi Police have arrested six individuals involved in a transnational cyber fraud syndicate that operated fake loan applications and siphoned money through mule bank accounts.
A 21-year-old man in Delhi allegedly orchestrated a robbery with two associates to steal 10 lakh from his father to fund a lavish lifestyle. All three suspects have been arrested, and the stolen cash and scooter used in the crime have been recovered.
Delhi Police have arrested a gangster, Arjun Prasad, who had been absconding for nearly 14 years in connection with multiple cases of dacoity and robbery across Delhi and Punjab.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
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