A 40-year-old iron trader in Kanpur, India, allegedly died by suicide due to mounting financial losses in his business. Police are investigating the circumstances surrounding his death.
A major fire swept through a furniture market in Shastri Park, northeast Delhi, destroying numerous shops and resulting in significant financial losses. Firefighting operations continued overnight, with locals alleging delays in response.
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.
The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.
The Special Operations Group (SOG) has uncovered a major fraud in the Rajasthan Government Health Scheme, involving doctors and a lab operator allegedly causing financial losses worth crores to the state exchequer.
Delhi recorded a marginal decline in economic offences in 2024 compared to the previous two years, but suffered the highest property losses among all Union territories, according to the National Crime Records Bureau data.
A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).
The Delhi government's Health Department has received an audit report highlighting alleged financial and administrative irregularities within the Delhi Medical Council (DMC) between 2019 and 2025.
An actress and her family have been booked for allegedly cheating a London-based software engineer of Rs 9.35 crore under the pretext of marriage. The complaint was filed by the engineer's father, alleging that his son was duped over several years.
A 56-year-old man from Delhi has been arrested for allegedly manufacturing and selling counterfeit weight loss powder and spurious Ayurvedic products online using duplicate branding.
Two individuals have been booked for allegedly defrauding a young man of Rs 20 lakhs under the guise of arranging a student visa for overseas education, according to police reports.
An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.
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Mumbai police have arrested two individuals in connection with a bomb hurling incident outside an ashram in West Bengal's Murshidabad district. The suspects were apprehended at a railway station in Mumbai's western suburbs based on a tip-off.
Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.
Delhi Police have arrested two men from Goa, claiming to have busted an interstate cyber-fraud-and-cash-conversion racket. Transactions worth nearly Rs 40 lakh routed through the network have been uncovered.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
Several sports teams around the world have paid a hefty price for spying on their opponents over the years but the potential financial cost to English soccer club Southampton for their infraction could be the heaviest.
Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
Superstar Vijay's highly anticipated film 'Jana Nayagan' has been leaked online in high definition ahead of its theatrical release, prompting swift legal action and industry condemnation.
A mother and daughter were found dead in Bengaluru, India, in a suspected suicide pact driven by mounting debt. Two other family members survived with injuries.
The Enforcement Directorate (ED) questioned IAS officer Ansar Shaikh regarding alleged illegal sand mining and trafficking from riverbeds in West Bengal's Jhargram district and adjoining areas.
Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.
Indian banks are urging the Reserve Bank of India (RBI) to reconsider its new $100 million cap on net open foreign-exchange positions, warning that the directive could lead to significant mark-to-market (MTM) losses and force an accelerated unwinding of trades, potentially impacting FY26 earnings.
The CBI has filed a chargesheet against AVJ Developers, bank officials, and others for allegedly cheating financial institutions and homebuyers in Greater Noida.
Authorities in Thane district, Maharashtra, have intensified their crackdown on illegal sand mining, destroying equipment worth approximately 9 million in the Bhiwandi taluka.
Tata Sons' unlisted ventures, including Air India, Tata Digital, and Tata Electronics, reported combined net losses of approximately 25,568.8 crore in FY25, a 58.3 per cent increase from the previous year, despite Tata Sons itself remaining profitable for over a decade.
IIMT University in Meerut has formed an inquiry committee and suspended hostel officials following the death of an MBA student, Anu Gupta, who was found dead in the girls' hostel. The university is also considering financial assistance for the family and reviewing student fees.
A 24-year-old man in Delhi was arrested with his friend for allegedly staging a burglary at his own home to repay debts incurred from stock market trading.
A firefighter and a security guard died, and two firefighters were injured, in a major fire at a vegetable market near Thane railway station. The blaze destroyed 155 stalls, prompting investigations and financial aid for victims' families.
At least 89 people have died in Uttar Pradesh after severe storms and heavy rain caused widespread damage, uprooting trees and electric poles and damaging homes. Chief Minister Yogi Adityanath has directed officials to provide immediate relief to affected families.
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.
Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.
Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.
Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.
Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.
Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.
The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).
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