In the last decade, only two Women's World Cups (in 2020 and 2023) managed to generate profits.
Over 700 doctors in Telangana have collectively lost nearly Rs 30 crore to various cyber frauds since September 2024, prompting the Telangana Cyber Security Bureau to hold an awareness meeting for healthcare professionals. Business and investment frauds accounted for the largest share of losses.
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.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
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.
Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
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.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
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.
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.
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.
Air India has temporarily reduced its domestic flights by 22 per cent due to the impact of high fuel prices, following a previous reduction in international flights. The airline is offering re-accommodation, date changes, or refunds to affected passengers.
Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.
Former West Bengal sports minister Aroop Biswas has been summoned by police in connection with a case related to chaos at a Lionel Messi event at Salt Lake Stadium last year. The summons follows an FIR lodged by event organiser Shatadru Dutta, accusing Biswas of black-marketing tickets, extortion, and cheating.
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).
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.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.
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.
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.
Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.
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.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
A man has been arrested in Dehradun for allegedly committing a Rs 1.65 crore fraud by reselling his property using forged documents. The accused, Sanjay Jain, resold a property he had already sold to another individual, leading to his arrest after a complaint was filed.
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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Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
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.
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.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
