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The Top Court had then ordered the CBI to submit a roadmap on how it planned to unravel the
Law and Order

Supreme Court orders CBI probe after report claims fraud on homebuyers...

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SC orders CBI inquiry into fraud on homebuyers Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court of India...
During 2023-24, banks wrote off bad loans of Rs.1,70,270 crore, lower than Rs.2,16,324 crore done in the previous financial year
Finance

India’s banks write off Rs.16.35 lakh crore in bad loans over...

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Govt withholds names of defaulters with bad loans India’s banks have written off non-performing assets (NPAs) or bad loans worth about Rs.16.35 lakh crore in...
Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs.2,100 crore
Banking

RBI directs IndusInd to complete remedial action this month; assures customers...

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RBI confirms IndusInd Bank's stability Days after the big crash of shares of IndusInd Bank, the Reserve Bank of India (RBI) on Saturday assured customers...
Wouldn't it be ironic if the biggest crypto scam in history was not by fraudsters but by a government?
Opinion

The Great Crypto Heist: A Government’s Masterstroke – An attempted economic...

Ganesan Subramanian - 0
The war on black money The year was 2026. The Indian government had spent a decade battling black money, with limited success: cash hoarded in...
Probe revealed that Paytm's flagship firm OCL made foreign investment in Singapore and “did not file necessary reporting to the RBI” for creation of overseas step-down subsidiary, ED said
Money Laundering

ED issues Rs.611-cr FEMA notice to Paytm parent company One 97,...

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ED puts Paytm under its lens for FEMA violations The Enforcement Directorate (ED) on Monday said it has issued a notice to Paytm's parent company,...
Shaktikanta Das will serve alongside P K Mishra, who has been the Principal Secretary to the Prime Minister since September 11, 2019
Politics

Former RBI Governor Shaktikanta Das appointed Principal Secretary-2 to PM Modi

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Shaktikanta Das takes over as PM’s Principal Secretary-2 Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the Principal Secretary-2 to...
CEA Dr. Anantha Nageswaran eloquently distinguished between digitization and deregulation, emphasizing that digitization does not necessarily imply deregulation
Opinion

Deregulation begins at home

Shanmuganathan Nagasundaram - 0
CEA Anantha Nageswaran advocates for Deregulation Our CEA, Dr. Anantha Nageswaran, has made a dispassionate plea for Deregulation. He was eloquent enough to distinguish between...
The RBI's economic outlook for FY26 remains optimistic, with GDP growth expected at 6.7% and inflation projected to moderate to 4.2%
Finance

RBI projects 6.7% GDP growth for FY26, cuts repo rate by...

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RBI predicts GDP growth at 6.7% in next fiscal year The Reserve Bank of India (RBI) has projected India's real GDP growth at 6.7% for...
The domestic currency breached the 87 level against the US dollar as it depreciated 55 paise to settle at a fresh all-time low of 87.17 (provisional) against the greenback
Finance

Rupee falls 55 paise to breach 87 level against USD as...

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Rupee breaches 87 level and hits record-low against US Dollar The Indian Rupee plunged 55 paise to close at an all-time low of 87.17 (provisional)...
The federal agency conducted raids at 10 locations across seven states and Union territories, including Delhi, Jharkhand, Punjab, Madhya Pradesh, Gujarat, Tamil Nadu, and Rajasthan
Fraud

CBI busts Rs.350 crore countrywide crypto Ponzi scam

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CBI books seven people in cryptocurrency Ponzi scheme case The Central Bureau of Investigation (CBI) has conducted search operations across seven locations after registering a...
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