These games of skill with a large social component have managed the transition to a new online avatar.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Media reports said the decision was mutual.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
The notification said the Act will come into force from a date to be announced by the government later.
Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale.
Obscenity, cheating and sexual exploitation are India's leading cyber crimes, reports Chaitanya Mallapur.
Three Indians have pleaded guilty to criminal charges of conspiring to commit student visa and financial aid fraud through a for-profit school they ran and agreed to forfeit over USD eight million to federal authorities.
Villagers and activists had long been alleging over-exploitation and pollution of groundwater and soil by the unit.
The Act amends Articles 15 and 16 of the Constitution, by adding a clause which allows states to make 'special provision for the advancement of any economically weaker sections of citizens'.
The fact that so many victims turn hostile should be a matter of concern. If so many accused persons continue to roam freely in society, this becomes an additional liability to women's safety, points out Rashme Sehgal.
In less than a week of Donald Trump being sworn in as the 45th US President, the "H-1B and L-1 Visa Reform Act" was introduced to prioritise American workers and restore fairness in visa programmes for skilled workers.
While the virus out there meddling big-time with our lives, danger is lurking in our email boxes too.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
Vat Vrikshya -- banyan tree in Sanskrit -- helps tribal women, with absolutely zero formal education, set up businesses.
The 15-member body called for enhanced actions, from closing financial system loopholes to stopping the abuse of charitable causes, as well as updating the existing IS and Al Qaeda sanctions list.
The Indian home loan market, bedazzled by the low rate home loans, forgot to ask one basic question: what is my floating rate loan benchmarked to?
'I never thought an invisible character like Radhiya would get me that much visibility.'
The aim is to reduce working expense by about 15 per cent.
The government expects the pension sector to overtake insurance segment once it is opened up to private players.
'The recalculated ranking showed India should have had a higher ranking earlier (113 in 2012 instead of 132) and lower ranking later (114 in 2018 instead of 100).' 'This would mean that there has been no change in India's climate of doing business across two regimes.' 'This is exactly consistent with the reality on the ground,' observes Debashis Basu.
India also called for crippling the illicit drug trade which provides financial sustenance to these terror outfits.
'The more emphatic denial of any proposal for an OIC foreign ministers meet in Islamabad appears aimed at keeping Pakistan on a leash,' notes Lieutenant General Syed Ata Hasnain (retd).
Pravin Gaikwad, the state coordinator of Maratha Kranti Morcha, has two rare qualities: he has an unparalleled connect with people from his community and, at the same time, underpins his ideology on a strong analytical base.
It's impossible to get the actual number of people dying and not getting compensation but the number is obviously much more than stingy official estimates. In any case, nowhere in the world are people sent inside gas chambers without oxygen cylinders and masks. Unofficial estimates suggest that on an average, one sanitation worker dies every five days all over the country, writes Shyamal Majumdar.
While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don't pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu.
Having failed to wear down the protesters, the government has now resorted to a bare-knuckle campaign to discredit them by portraying them as pawns in a wider plot bankrolled by shadowy 'anti-national' and 'Islamist' forces, notes Hasan Suroor.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
'Human rights issues continue to be exploited selectively, more often for narrow short-term political ends,' Modi tells Ban.
The exit of CBA comes hard on the heels of a court decision on Wednesday revoking the Australian government's environmental approva
Aveek Sen on how the Lashkar e Tayiba looks at the world while focusing on India and Afghanistan.
World Wrestling Entertainment Inc was sued on Monday by Jimmy "Superfly" Snuka and dozens of other retired male and female wrestlers seeking to hold it responsible for neurological injuries they claimed to suffer by participating in its bouts.
Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.
8,121 people were arrested in 2015 for cybercrimes, a 41% increase from 2014.
Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.
The newspaper said efforts are being made to incite caste violence in the state by exploiting the clashes which took place at Bhima-Koregaon on January 1.
The pricing and marketing freedom for exploitation would be capped by a ceiling price.
