Stay updated with the latest finance news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on finance topics.
New Delhi, Apr 9 (PTI) The Financial Intelligence Unit-India (FIU-IND) and the Indian Cyber Crime Coordination Centre (I4C) on Thursday signed an agreement to enhance information sharing and strengthen India's fight against cyber frauds and financial crimes. The Memorandum of Understanding (MoU) aims to enable both agencies to establish robust feedback mechanisms for enhancing fraud detection protocols at the national level, while also facilitating the development and dissemination of guideline ...Read More >
Hyderabad, April 9: Five persons were arrested in Telangana's Sangareddy district on Thursday for tying an Anganwadi teacher to a tree over the alleged financial cheating by her husband, police said. The shocking incident took place in Rasole village in Kangti mandal on Wednesday. Few villagers tied Vasanta Kumari to a tree with a rope and humiliated her as her husband, Prabhakar, had allegedly cheated them in the name of a finance company. Prabhakar had collected money from some villagers in R ...Read More >
Hyderabad, April 9 (SocialNews.XYZ) Five persons were arrested in Telangana's Sangareddy district on Thursday for tying an Anganwadi teacher to a tree over the alleged financial cheating by her husband, police said. The shocking incident took place in Rasole village in Kangti mandal on Wednesday. Few villagers tied Vasanta Kumari to a tree with a rope and humiliated her as her husband, Prabhakar, had allegedly cheated them in the name of a finance company. Prabhakar had collected money from s ...Read More >
The Reserve Bank of India (RBI) is set to bolster bank capital adequacy by allowing the inclusion of quarterly profits in CRAR without strict NPA provisioning conditions. In a move aimed at supporting the capital adequacy of commercial banks, the Reserve Bank of India (RBI) on Wednesday proposed to ease norms for including quarterly profits in the computation of the Capital to Risk-Weighted Assets Ratio (CRAR) and to withdraw the requirement of maintaining an Investment Fluctuation Reserve (IFR ...Read More >
Pune: A 75-year-old doctor from Pune was cheated out of Rs 12.31 crore in an online share trading scam, with fraudsters allegedly coercing him into making multiple investments, police have said. According to police, the senior citizen received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group where the administrators claimed to be senior executives of a global fin ...Read More >
An FIR has been registered with the cyber police station based on the doctor's complaint ShowQuick Read Summary is AI-generated, newsroom-reviewed * A 75-year-old Pune doctor lost Rs 12.31 crore in an online share trading scam * He was added to a WhatsApp group posing as executives of a global finance firm * The doctor was directed to a fake trading app mimicking a reputed international firm Did our AI summary help? Let us know. Switch To Beeps Mode Pune: A 75-year-old doctor from Pune ...Read More >
New Delhi [India], April 9 (ANI): Joint Managing Director of Apollo Hospitals, Sangita Reddy, on Thursday termed women's reservation in parliament a "historic milestone," highlights a significant shift in India's policy approach: moving from "women's development" (treating women as passive recipients of aid) to "women-led development" (positioning women as active leaders and drivers of economic and social progress). Her remarks underscore the expected impact of the Nari Shakti Vandan Adhiniyam ...Read More >
MUMBAI: Venu Srinivasan has backed the idea of a public listing of Tata Sons, the first time that a Tata Trusts trustee has publicly supported such a move, saying that the step would be inevitable if the Reserve Bank of India classifies the group holding company as an upper layer non-banking finance company (NBFC), appearing to reflect a widening divergence of opinion at the group's top echelons. Tata Trusts vice chairman Srinivasan told ET that such a move would allow Shapoorji Pallonji (SP) G ...Read More >
PMMY was built on a revolutionary idea that the Indian state could trust its most marginalised citizens with credit, when the formal banking system hesitated Financial inclusion has been at the forefront of the agenda of the Narendra Modi government. In the last decade, India witnessed a silent transformation where millions of ordinary citizens stepped into entrepreneurship with newfound confidence and agency. At its heart lies an initiative launched on April 8, 2016, by the prime minister, the ...Read More >
Further investigation is underway, say officials. (Representational) Pune: A 75-year-old medical practitioner was duped of Rs 12.31 crore in an online share trading scam with fraudsters allegedly coercing him into making multiple investments, police said on Wednesday. According to police, the victim received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group wher ...Read More >
Delhi Police have successfully shut down a fake call centre operating from Pitampura, arresting 19 individuals for their involvement in a sophisticated loan and insurance fraud targeting people across the country. Photograph: ANI PhotoKey PointsDelhi Police busted a fake call centre in Pitampura, arresting 19 people involved in a loan and insurance scam.The scammers posed as finance company representatives, luring victims with loan offers and insurance schemes.Victims were tricked into paying p ...Read More >
Pune, Apr 8 (PTI) A 75-year-old medical practitioner was duped of Rs 12.31 crore in an online share trading scam with fraudsters allegedly coercing him into making multiple investments, police said on Wednesday. According to police, the victim received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group where the administrators claimed to be senior executives of a g ...Read More >
April 7 (Reuters) - Levi Strauss (LEVI.N), opens new tab on Tuesday raised its annual sales and profit forecasts after beating first-quarter estimates, as resilient demand for its premium denims and strength in its direct-to-consumer business helped offset a hit from U.S. tariffs. The jeans maker has been working to blunt the impact of higher U.S. import duties through a mix of price hikes, cost controls, supplier negotiations and a diversified sourcing base that is less reliant on China. In J ...Read More >
West Bengal Assembly Elections: BJP Likely to Announce First List of Candidates This Week More than ₹40 lakh crore in collateral-free loans have been sanctioned under the Pradhan Mantri Mudra Yojana over the past eleven years, marking a major expansion of formal credit access for India's small businesses and micro entrepreneurs. The flagship micro-credit programme, launched on April 8, 2015, has issued over 58 crore loans so far, helping individuals start or expand small enterprises across sec ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. Also Read | Sikkim State Lottery Result Today 6 PM Live: Dear Regal Wednesday Lottery Result of Apr ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. It stated, "Statement on Developmental and Regulatory Policies... This Statement sets out various d ...Read More >
Mumbai, Apr 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday announced that the monetary authority will be coming out with a new framework for non-bank lenders amid a lack of clarity over Tata Sons' listing issue. "We are coming up with a new framework for the NBFCs. Very soon, we should," Malhotra told reporters at the customary post-policy review press conference. On a specific question on Tata Sons, Malhotra said the new framework will categorise non-banking finance companies. He ...Read More >
SMPL Mangaluru (Karnataka) [India], April 8: Nitte University has announced admissions for its MBA programs offered through its constituent institutions, Justice K S Hegde Institute of Management and Nitte Meenakshi Institute of Technology. Nitte's MBA program brings together academic depth, industry engagement & practical learning and reflects a clear shift in how management education is being approached today. Employers are not just looking for degrees. They are looking for readiness. Who is ...Read More >
Mumbai, April 8, 2026 - Sobek Auto India Private Limited, the wholly-owned subsidiary of CarTrade Tech Limited, announced Varun Sanghi's appointment as Non-Executive Chairman of OLX India. Sanghi's expertise from his decade-long tenure at CarTrade will steer OLX India towards its next strategic growth phase. Mr. Sanghi's impact has been significant in corporate finance and strategic investments, including spearheading OLX India's acquisition. His leadership will now focus on enhancing OLX India ...Read More >
New Delhi [India], April 8 (ANI): Prime Minister Narendra Modi on Wednesday hailed the impact of the Pradhan Mantri Mudra Yojana (PMMY) on its 11th anniversary, stating that the initiative has been pivotal in fostering self-employment and making the youth of the nation self-reliant. In a post on X, the Prime Minister emphasised that providing the right opportunities is key to individual and national growth. "Exactly 11 years ago, the Pradhan Mantri Mudra Yojana, launched today, has proven to b ...Read More >
New Delhi (ABC Live): Competition approvals in India are often delivered in dry, technical language. This one does too. On April 7, 2026, PIB said CCI approved the acquisition by Indriya Ltd. of equity shares amounting to 14.286% of Aditya Birla Housing Finance Ltd. through a preferential issue on a private placement basis, calculated on a fully diluted, post-issue basis. PIB also described the acquirer as an investment holding company with no current operations in India. In contrast, it describ ...Read More >
The foundation stone for the facility was laid by Abdullah on August 4, 2025. The chief minister took a detailed tour of the facility and lauded the Agriculture Production Department for establishing hi-tech infrastructure in a record time. Calling it the government's responsibility to support farmers, Abdullah said, "In these circumstances, when farming is impacted by extreme weather events, it is the government's responsibility to help the farmers as much as possible. "We cannot change the ...Read More >
JAMMU, Apr 7: Chief Minister Omar Abdullah today emphasized that the establishment of Centres of Excellence in agriculture and allied sectors is aimed at providing high-quality plant material and seeds to farmers, enabling them to significantly enhance their earnings. The Chief Minister made these remarks after inaugurating the Centre of Excellence for Entrepreneurship in Precision Vegetable and Floriculture Farming at Talab Tillo, developed under NABARD at a project cost of Rs 5.929 crore. La ...Read More >
New Delhi: The Competition Commission of India (CCI) on Tuesday approved Advent International's proposal to pick up a 14.3% stake in Aditya Birla Housing Finance. In February, the boards of Aditya Birla Capital and its subsidiary Aditya Birla Housing Finance (ABHFL) had cleared a proposal for a primary capital infusion of Rs 2,750 crore in ABHFL from Indriya, an Advent International entity. "The proposed combination envisages acquisition of equity shares (by way of preferential issue on a priv ...Read More >
Government faces higher subsidy costs due to rising oil prices India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and ...Read More >
MUMBAI: Oracle has just balanced its books with a high-calibre addition because when you're growing faster than the cloud can keep up, you need someone who knows how to handle serious capital intensity. Oracle Corporation has appointed Hilary Maxson as its new chief financial officer. She will report directly to CEO Clay Magouyrk and lead the company's global finance team, effective 6 April 2026. Maxson joins Oracle from Schneider Electric, where she served as executive vice president and group ...Read More >
NEW DELHI, April 7 (Reuters) - India is planning sovereign guarantees to support insurers that provide cover for vessels travelling in the Persian Gulf, as the Middle East war increases the risks to shipping, said government and industry sources familiar with the matter. The plan includes a $1.5 billion sovereign guarantee fund to provide insurers with reinsurance support and liquidity should insurance costs remain high, said one government source. A separate $300 million fund with contributio ...Read More >
Bangalore (Karnataka) [India], April 7: UST, a leading AI and technology transformation solutions company, has acquired Intecrowd LLC (Intecrowd), a globally recognized boutique Workday Partner specializing in strategic deployments and full lifecycle support for Workday solutions. This strategic move will improve UST's ability to meet the needs of its global client base while also expanding its portfolio in the dynamic Workday ecosystem. Acquiring Intecrowd strengthens UST's position in the Work ...Read More >
NEW DELHI, April 7 (Reuters) - India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world's third-largest oil importer, also faces the risk of rising inflation and slower gr ...Read More >
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the government's prudent fiscal management over the last decade has created room for the RBI to cut rates and allow the Centre to offer targeted support to affected sectors."It is also important to note that a good public finance policy improves the counter-cyclical capacity of fiscal policy - especially the ability to 'lean against the wind' in economic downturn. Today, many countries with high debt and large deficits have no room to ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.