The Enforcement Directorate conducted fresh searches on the Merlin Group, a Kolkata-based real estate company, as part of an ongoing money laundering investigation. The searches follow previous raids on the group and its promoters, with the ED investigating alleged financial links between the company and West Bengal government officials.
The proposed solution is a one-hour delay for digital transactions exceeding Rs 10,000, particularly when the transfer is made to a new or unverified beneficiary. The idea is simple -- give users a window to reconsider, detect fraud or alert their bank before the funds are irretrievably transferred.
Delhi Police have arrested three men for allegedly operating a mule account syndicate that routed over 1.5 crore of cyber fraud proceeds through layered transactions.
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
A BJP politician in Bhadohi, Uttar Pradesh, has filed a police complaint alleging he was defrauded of 50 lakh in a land deal. Police have registered a case and are investigating the matter.
The Enforcement Directorate (ED) has requested a special PMLA court in Mumbai to issue a production warrant against Ashok Kharat, a self-styled godman-cum-astrologer, who is accused of rape and fraud and is currently in police custody in Nashik district, in connection with a money laundering case.
A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.
The Enforcement Directorate (ED) seized approximately 1.2 crore in cash and a country-made pistol during raids in Kolkata as part of a money laundering investigation targeting Biswajit Poddar, an alleged criminal, and his associates.
Telangana's DGP C V Anand has directed the police force to collaborate and intensify efforts to eradicate drug trafficking in the state. The focus will be on advanced technology, tracing financial trails, and crushing foreign syndicates. The DGP also highlighted the need for educational institutions to take responsibility and report drug-related incidents.
The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.
A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.
ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.
Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of being 'afraid' of Prime Minister Narendra Modi, citing corruption allegations and a desire to protect his children.
The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.
The Maharashtra ATS has arrested an engineering student from Mumbai for allegedly sharing online propaganda material linked to banned terrorist organisations. Two other individuals are also under investigation.
Delhi Police have arrested four individuals involved in a sophisticated roadside extortion scheme, posing as fake loan recovery agents and targeting vehicle owners with pending EMIs.
Punjab's Finance Minister announces record tax enforcement outcomes for the financial year 2025-26, driven by intelligence-led actions and robust revenue protection, including significant penalties imposed and recovered from fraudulent networks.
A special SEBI court convicted two directors and their five firms, linked to late stockbroker Harshad Mehta, for failing to provide information during a 1998 investigation into the manipulation of shares belonging to BPL and Videocon.
Two cyber fraudsters have been arrested for allegedly defrauding a resident of East Delhi of over 20,000 by posing as electricity officials.
Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.
A 20-year-old veterinary sciences student has been arrested in Rajasthan for his alleged involvement in an online work-from-home scam that defrauded job seekers with fake handwriting assignments.
Delhi Police dismantled a cyber fraud facilitation network involving mule bank accounts and shell companies, arresting two dummy directors after detecting a fund flow of over Rs 16 crore within eight days.
Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.
Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.
A Delhi court has dismissed the bail application of Al-Falah chairman Jawad Ahmad Siddiqui in a Rs 493-crore money laundering case being investigated by the Enforcement Directorate, saying that the allegations against him are 'grave in nature'.
The Enforcement Directorate is investigating a Kolkata-based realty company, Merlin Group, for alleged financial links to West Bengal politicians and officials as part of a money laundering probe, seizing digital devices and documents during raids.
The signing of Pakistani spinner Abrar Ahmed by Sunrisers Leeds in The Hundred auction has ignited controversy, drawing criticism from figures like Lalit Modi and Sunil Gavaskar due to the historical exclusion of Pakistani players from the IPL and concerns over financial contributions to Pakistan.
Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.
A Delhi court has granted bail to two accused in an alleged job scam-cum-kidnapping case, citing gaps in the investigation and raising concerns about pre-trial detention.
The CBI has registered an FIR in the alleged murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari, taking over the investigation from the state police following a request from the state government.
Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.
Jio Payments Bank introduces UPI-based cash withdrawals at business correspondent touchpoints, enhancing financial inclusion and simplifying access to cash for rural and semi-urban customers.
The Trinamool Congress (TMC) has shared a purported video of Humayun Kabir, alleging a BJP conspiracy to influence the West Bengal elections. The video claims Kabir discussed strategies to divert minority votes and received funds for the plan. The BJP has denied the allegations, while Kabir claims the video is AI-generated and threatens legal action.
A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.
Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.
Hamirpur Police arrested two individuals involved in a counterfeit currency racket after a shopkeeper was defrauded. The suspects, using fake Rs 200 notes to obtain genuine Rs 500 notes, were identified through CCTV footage and ITMS. Police recovered counterfeit notes and are investigating further.
Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of being 'afraid' of Prime Minister Narendra Modi, alleging corruption and a compromise of governance to protect his children.
A 20-year-old man was arrested for allegedly posing as an employee of a digital payment platform and duping shopkeepers in East Delhi by claiming to check defective sound boxes.
India's like-for-like gross Goods and Services Tax (GST) revenue growth slowed to a five-year low of 5.57 per cent in FY26, reaching Rs 23.32 trillion, primarily driven by a significant surge in import revenues.
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
