India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
The company roped in Aamir Khan as its brand ambassador in March.
Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.
If the items and services such selected subsequently pass the test from the fitment committee and the GST Council, this would be the first of such rate hikes, after a series of cuts in the process of rate rationalisation that started in November 2017.
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.
At a time when the Modi government is attempting to push cashlessness with coercive means, Devangshu Datta explains why cash usage is popular even in nations with good cashless infrastructure.
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
England, says former Australia captain, were outstanding against Australia and deserve their place in the final.
HR Guru Mayank Rautela offers practical advice.
As much as Rs 8,000 crore worth of mobile phones in this segment - out of a total of Rs 15,000 crore - come into the country through the grey market. The government imposed the duty on these phones primarily to encourage domestic production but the strategy has failed as the bulk of high end mobile phones are currently imported.
From a consumer point of view too this would bring about an improvement in the service levels of these companies as there would be more pressure on these companies to perform better and get profits.
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
India said that the goal of capping global warming at 1.5 degree Celsius from pre-industrial times will require developed countries to "massively" reduce their emissions
'For those looking at forward-looking signals for the economy from the stock markets, the relative performance of small and mid-caps may be a better indicator of the future than the index levels of the narrower and more popular indices', says Neelkanth Mishra.
'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.
Images from Sunday's action in the Premier League.
Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000.
Infosys has slashed the full-year revenue guidance to 10.5-12 per cent in constant currency terms.
This will be in line with government's vision of Digital India.
Experts say the impact on the schemes' NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.
BCCI president Sourav Ganguly wants injured senior opener Rohit Sharma to tread cautiously while deciding on competing for his IPL team Mumbai Indians in the play-offs as he risks aggravating the hamstring tear that led to his exclusion from the Australia-bound India squad.
Indian retail investors continue to sell gold ETFs.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
A summary of Wednesday's play in Ranji Trophy matches across the country.
This Ulip from ICICI Prudential lets you forego your life cover.
This is a significant move by Facebook considering the backlash it had from various quarters in India following debates on net neutrality
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Reacting to the buzz, shares of the grounded-carrier tanked 4.86 per cent to Rs 2.74 -- its lower circuit limit on the BSE.
He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
Grains, non-mineral water might be on the list; biscuits, butter and cheese might attract GST
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
Of late, net neutrality has generated much debate.
'Where will the next 200 million users that will come online in India prefer to go? Will they buy a data pack, or will they use the free Internet?' 'What will happen when most of the Internet in India is inside a walled garden?'
England striker Harry Kane believes they can still win Euro 2016 despite being in the harder half of the draw and he rejected the idea that the team's forwards are battling anxiety ahead of the match against Iceland. Roy Hodgson's side finished second in Group B behind Wales and face a second-round match against Iceland in the trickier part of the draw, with the teams in the bottom half boasting 20 major titles between them compared with zero for the sides in the top section.
At a time when millions of people are taking to the streets, joining the wave of global climate strikes and demonstrations spreading around the world, with generations demanding urgent action on the escalating ecological emergency from governments and institutions, the Chartered Institution of Water and Environmental Management (CIWEM) Environmental Photographer of the Year contest shows the devastating impact climate change has on humans and wildlife around the world. The Environmental Photographer of the Year award, which is supported by the UN Environment, Arup, and Olympus UK, "exists to inspire change from political leaders, decision makers, and the general public." Keep scrolling to see the powerful winning photos from this year's contest.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
