India's UPI International payment system is now playing a crucial role in humanitarian efforts, enabling seamless disaster relief donations from Indian users to Nepal's Prime Minister Disaster Relief Fund, showcasing its growing global acceptance and utility beyond tourism. UPI IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Unsplash Key Points UPI International, initially for Indian tourists, is now facilitating disaster relief donations to Nepal's Prime Minister Disaster Relief Fund. The embassy of Nepal in India is actively encouraging Indian users to utilise their UPI apps for these contributions. This marks a significant shift, expanding UPI's cross-border use case beyond tourism to include inbound collection for foreign governments. The move positions UPI International alongside global payment giants like Alipay+ and UnionPay for international aid. Donors need to activate the UPI International feature on their apps to transact, with amounts converted from INR to NPR.
Meerut police have uncovered a Goods and Services Tax (GST) fraud involving crores of rupees, leading to the arrest of one individual. The investigation revealed a network of fake firms used to illegally claim input tax credits, causing significant losses to the government.
Gurugram Police have arrested two former bank employees for allegedly fraudulently obtaining loans by accessing data of pre-approved accounts.
Police in Kerala have arrested a key suspect in a racket involving the supply of forged documents for organ donors and recipients. The accused, identified as Najeeb, was apprehended in Uttar Pradesh and is believed to have been planning to escape to Nepal. The investigation has uncovered a network involved in forging various official documents required for organ donation.
Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.
Investigators recovered nearly Rs 80 lakh in cash and some foreign currency from six of the accused.
The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
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.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram' in Silokhera village.
An Indian Parliamentary standing committee has demanded an apology from Meta chief Mark Zuckerberg within three days for the temporary removal of Prime Minister Narendra Modi's video from Facebook, threatening to withdraw immunity under the IT Act if he fails to comply. The committee also pushed for government action against Google India regarding financial fraud.
Odisha Police have arrested a former banking correspondent for allegedly misappropriating around Rs 27 lakh of depositors' money in Jajpur district.
Delhi Police have arrested a man from Maharashtra for allegedly cheating a Delhi resident of Rs 9.25 lakh on the pretext of arranging a visa and overseas job.
Gujarat CID has arrested Rafiqul Alam, the alleged 'mastermind' behind 1,090 cybercrimes totalling Rs 1,071.5 crore, who was found to have links with China-based criminals and converted illicit funds into cryptocurrencies.
A nurse in Mumbai was allegedly cheated of 1 lakh after attempting to purchase a dress online for 299, police said.
A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
State Bank of India (SBI) is extensively using artificial intelligence to underwrite nearly Rs 1 lakh crore in MSME loans and automate the processing of cheques up to Rs 10,000. This AI adoption aims to enhance efficiency, free up employee bandwidth, and improve customer service across various banking functions.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects connected to Dhirendra Shastri's 'Aparna Ashram'.
Sixteen people, including two gold appraisers, have been booked for allegedly securing loans worth lakhs of rupees against counterfeit gold from a bank in Prayagraj.
OTP scams accounted for over one-fourth of all cyber frauds.
Gianluca Rocchi steps aside amid a Serie A fraud probe, with VAR official Andrea Gervasoni also under investigation, raising fears of another Calciopoli-style crisis.
A senior bank executive in Mumbai was defrauded of 97.78 lakh by cyber criminals through a fake share market investment scheme.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
Odisha CID arrests a man from New Delhi for allegedly duping a Bhubaneswar resident of over Rs 2 crore in a cyber fraud case.
The FBI has arrested eight individuals in California for allegedly defrauding the national healthcare system of over $50 million through fraudulent hospice care facilities.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.
Delhi Police have dismantled an interstate cyber fraud racket that deceived individuals with false promises of overseas jobs and visa services, leading to the arrest of three suspects.
Gangster Chota Rajan has been sentenced to seven years' imprisonment by a special CBI court in Chennai for obtaining a passport using forged documents. The conviction follows a 22-year legal battle, with Rajan having assumed the identity of Vijaya Kadam.
The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.
Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.
Six individuals, including the alleged mastermind and a website developer, have been arrested for operating a sophisticated fake airline job racket. The fraudsters used social media ads and fake websites to solicit fees for aviation diplomas, promising jobs at Indira Gandhi International Airport, and duped numerous job seekers before being caught.
Two African nationals have been arrested in Delhi for their alleged involvement in an international cyber fraud racket that defrauded victims across multiple states of more than Rs 5 million.
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.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
