Delhi Police have arrested six individuals involved in a transnational cyber fraud syndicate that operated fake loan applications and siphoned money through mule bank accounts.
Customers will qualify for compensation even if they mistakenly share the OTP.
A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.
Activist Anjali Damania defends her use of AI to analyse call data records of arrested godman Ashok Kharat, amidst opposition scrutiny and allegations of illegal activity.
India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.
Delhi Police busted a human trafficking and prostitution racket in central Delhi, rescuing eight women, including a minor. Two men were arrested, and efforts are underway to apprehend other suspects.
Police in Jajpur, Odisha, have arrested five individuals, including a woman and her lover, in connection with the murder of her husband. The investigation revealed a complex web of relationships, leading to a planned execution.
A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.
The Himachal Pradesh government has ordered a fresh inquiry into the Chester Hill land case in Solan, following opposition allegations of a 'benami' land deal and violations of land laws. This decision comes after the withdrawal of a previous order that had questioned the initial inquiry's legality.
Ongoing geopolitical tensions in West Asia have slowed deal momentum in Dubai's luxury residential market, but Indian high-net-worth individuals (HNIs) are not exiting their marquee assets, with any 'discounted' resale deals attributed to investor liquidity stress rather than geopolitical flight.
Delhi Police have arrested two men in connection with separate cyber investment fraud cases involving over Rs 74 lakh. The accused were involved in luring victims into investing in fake stock trading and IPO platforms.
Delhi Police have registered an FIR concerning allegations of a 'ticket-for-money' scheme involving individuals connected to the Congress party, following a complaint by a Haryana-based man who claims he was asked to pay substantial amounts to secure an election ticket for his wife.
Delhi Police have arrested two individuals from Rajasthan for allegedly defrauding a Delhi resident of over 21 lakh through a high-return online investment scam. The accused lured the victim with promises of lucrative returns and prepaid tasks.
A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.
A 75-year-old doctor from Pune was defrauded of Rs 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
Delhi Police have arrested two individuals for allegedly defrauding a man of Rs 7 lakh through a fake stock investment scheme operated via a social media app. The accused lured victims with promises of high returns before siphoning off the funds.
A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.
The Enforcement Directorate (ED) is investigating potential links between police officers and illegal coal smuggling operations in West Bengal, seeking details of officers in charge of multiple police stations.
Delhi Police have uncovered a racket involving the illegal diversion and sale of government-supplied medicines intended for free distribution in hospitals, seizing drugs worth Rs 70 lakh and arresting five individuals.
The Enforcement Directorate (ED) has arrested I-PAC co-founder Vinesh Chandel in connection with a money laundering case linked to the coal scam probe in West Bengal, escalating tensions ahead of the state's Assembly elections.
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.
Iran has announced the Strait of Hormuz is open to commercial vessels, coinciding with a ceasefire between Lebanon and Israel.
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.
The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.
Only bona fide victims would be compensated by banks within five days of receiving the complaint.
Delhi Police have arrested 11 individuals involved in a cyber fraud racket operating from Delhi and Mumbai, which allegedly defrauded a senior citizen of over Rs 22 lakh with promises of high investment returns. The network is linked to international operators in Cambodia.
The Supreme Court has directed the CBI to conduct a preliminary enquiry into the awarding of public works contracts in Arunachal Pradesh to companies allegedly owned by family members of Chief Minister Pema Khandu.
Himachal Pradesh is experiencing a significant increase in cyber fraud cases, with hundreds of cases registered and substantial financial losses reported. The state government is taking measures to combat this rise, including establishing cyber help desks and providing specialised training to officers.
A committee investigating the sale of government land in Pune to a company co-owned by Parth Pawar has found that officials from revenue, stamp, and registration departments facilitated the illegal transaction.
Two individuals have been arrested in connection with the murder of a man in Mumbai, whose body was then transported to Chiplun for disposal. The investigation was launched after the victim's remains were discovered, leading to the swift apprehension of the suspects.
Gautam Adani and his nephew Sagar Adani are contesting a US securities fraud lawsuit, arguing lack of jurisdiction and failure to establish wrongdoing in a 2021 bond sale.
A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
Delhi Police have arrested a woman and her associate for allegedly running a honey-trap and extortion racket, targeting victims with false criminal cases to coerce monetary settlements.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).
A Delhi court has denied bail to an 18-year-old NEET aspirant accused of involvement in large-scale organised cyber fraud, citing substantial evidence against him and the seriousness of economic offences.
Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.
Police have invoked the stringent Unlawful Activities (Prevention) Act (UAPA) against 21 people apprehended for alleged involvement in a Pakistan-linked espionage racket. The suspects are accused of passing sensitive information to a Pakistan-based handler through social media and other means.
A family in Thane, Maharashtra, was allegedly defrauded of over Rs 1.66 crore by a man who exploited their fear of black magic, promising divine remedies through rituals and pilgrimages.
Andhra Pradesh MLA C Balaraju lost 12 lakh after clicking on a malicious APK file, leading to a police investigation into a potential organised cyber fraud gang.
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