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PANAJI: The Enforcement Directorate has seized Indian currency to the tune of ₹2.25 crore in cash apart from foreign currency during searches carried out on Sunday and Monday at 15 premises in Goa, Mumbai, Rajkot and the National Capital Region, including Delhi, the agency said in a statement. The searches were carried out at premises related to Big Daddy Casino, M/s. Golden Globe Hotels Pvt. Ltd., and M/s. Worldwide Resorts and Entertainment Pvt. Ltd. and Golden Globe Hotels Pvt. Ltd. run two ...Read More >
NEW DELHI: The Department of Telecommunications (DoT) on Thursday signed a memorandum of understanding (MoU) with the Financial Intelligence Unit-India (FIU-IND) to enhance information sharing and coordination to stop the misuse of telecom resources in financial frauds and cybercrimes. FIU-IND is the central national agency responsible for receiving, processing, analysing, and disseminating information relating to suspected financial transactions and coordinating efforts against money launderin ...Read More >
New Delhi: The Enforcement Directorate has summoned former Indian cricketer Robin Uthappa to appear before it for questioning at its headquarters in Delhi. According to reports, the ED has summoned the cricketer on September 22 in connection with the illegal betting app. ED Officials have confirmed that the cricketer has been summoned. Recently on September 4, the Enforcement Directorate (ED summoned former Indian cricketer Shikhar Dhawan for questioning in ongoing probe into an alleged online ...Read More >
The Enforcement Directorate (ED) has issued summons to Bollywood actress Urvashi Rautela and former TMC MP Mimi Chakrabarty as part of its probe into online betting platform 1xBet, which is being investigated for alleged money laundering. Urvashi is required to appear at the ED headquarters in Delhi on September 16 and Mimi on September 15. The probe, part of a wider crackdown on illegal betting platforms and their celebrity promoters, has already involved several high-profile names. Earlier ...Read More >
The National Payments Corporation of India (NPCI) has introduced significant changes to the transaction limits for UPI payments, set to come into effect from Monday, 15th September 2025. These changes are expected to benefit not only everyday users but also merchants and businesses that rely heavily on UPI for their transactions. As per the new rules, the transaction limit for certain specific categories, such as insurance premiums, capital markets, and credit card bill payments, will be increa ...Read More >
New Delhi, Sep 15 (PTI) Former Trinamool Congress MP Mimi Chakraborty on Monday appeared before the ED for questioning in a money-laundering case linked to an alleged illegal betting app, officials said. The statement of Chakraborty, 36, is being recorded under the Prevention of Money Laundering Act (PMLA) in a case related to an "illegal" betting app named 1xBet. The ex-MP and actor is understood to be linked to the app through certain endorsements and financial transactions. The Enforcement ...Read More >
New Delhi, Sep 15 (PTI) Former Trinamool Congress MP Mimi Chakraborty on Monday appeared before the ED for questioning in a money-laundering case linked to an alleged illegal betting app, officials said. The statement of Chakraborty, 36, is being recorded under the Prevention of Money Laundering Act (PMLA) in a case related to an "illegal" betting app named 1xBet. The ex-MP and actor is understood to be linked to the app through certain endorsements and financial transactions. The Enforcement ...Read More >
New Delhi: Delhi Police's Crime Branch has busted a visa fraud racket operating from south Delhi's Zamrudpur, arresting three men for allegedly duping foreign job seekers. The accused -- Deepak Pandey (33), Yash Singh (23), and Wasim Akram (25) -- posed as representatives of a global outsourcing company handling visa, passport, and consular services. They allegedly extorted large sums of money by issuing fake appointment letters and visas. The case came to light after a consultant from VFS Globa ...Read More >
New Delhi: Delhi Police's Crime Branch has busted a visa fraud racket operating from south Delhi's Zamrudpur, arresting three men for allegedly duping foreign job seekers. The accused -- Deepak Pandey (33), Yash Singh (23), and Wasim Akram (25) -- posed as representatives of a global outsourcing company handling visa, passport, and consular services. They allegedly extorted large sums of money by issuing fake appointment letters and visas. The case came to light after a consultant from VFS Globa ...Read More >
New Delhi: The Supreme Court has said an average home buyer desires a stable roof over their family's head and the anxiety of not having a home despite paying a fortune is bound to take a serious toll on health, productivity, and dignity, and the Centre cannot continue to be a silent spectator, when desire for a dream home of the taxpayers' is shattered. A bench comprising justices J B Pardiwala and R Mahadevan said: "The Union government shall consider establishing a revival fund under Nationa ...Read More >
New Delhi, Aug 29 (PTI) Banks and financial services firms during a joint meeting with the Department of Financial Services and the IT ministry on Friday sought detailed guidelines from the Reserve Bank of India (RBI) to implement the ban on online money gaming, sources said. The firms also sought more time to put in place mechanisms to comply with the ban, they said. The government has banned all forms of online money gaming by bringing in the Promotion and Regulation of Online Gaming Act aft ...Read More >
Mumbai, Aug 25 (PTI) The ED has arrested the director of a Pune-based real estate company from a five-star hotel in Mumbai along with Rs 9.5 lakh in cash and gold and diamond jewellery worth Rs 2.3 crore in a bank loan fraud case. Amit Ashok Thepade was taken into custody on Sunday from the hotel in south Mumbai, where he had been staying for the past two months. A special Prevention of Money Laundering Act (PMLA) court has sent him to ED custody for five days, the federal probe agency said in ...Read More >
New Delhi [India], August 20 (ANI): Lok Sabha on Wednesday passed The Promotion and Regulation of Online Gaming Bill, aiming to promote e-sports and online social games, while outlawing online money gaming. The Bill was introduced in the Lok Sabha earlier today. The Bill was brought in to encourage e-sports and online social games while prohibiting harmful online money gaming services, advertisements, and financial transactions related to them. The Bill seeks to completely ban on offering, ope ...Read More >
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India will promote e-sports. Representational Image/Shutterstock India is planning to ban online games played with money, in a major setback for an industry that has attracted billions in investment but remains controversial. On Wednesday (August 20), Union Minister of Electronics and Information Technology Ashwini Vaishnaw introduced the Online Gaming Bill in the Lok Sabha. The Promotion and Regulation of Online Gaming Bill, 2025, seeks to prohibit real-money online gaming, imposing stricter ...Read More >
Mumbai: The Enforcement Directorate (ED) has frozen funds worth around Rs 110 crore in multiple bank accounts during searches at 17 locations across eight cities, including Mumbai, Delhi, Noida, Jaipur, Surat, Madurai, Kanpur, and Hyderabad. This was part of its money laundering probe into the Cyprus-based illegal online betting platform Parimatch. The searches, conducted on August 12 under the Prevention of Money Laundering Act (PMLA), 2002, are linked to an ongoing investigation into the plat ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect ...Read More >
New Delhi [India], August 14 (ANI): Ahead of the Assembly elections in Bihar, Leader of Opposition in the Lok Sabha Rahul Gandhi on Thursday announced the launch of "VoterAdhikarYatra" against the Special Intensive Revision (SIR) of electoral rolls and called on people to "join this people's movement" Making the announcement in a post on X, the Congress MP said, "From August 17, with #VoterAdhikarYatra, we are launching a direct fight against vote theft from the soil of Bihar" Also Read | New ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect ...Read More >
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to ₹50,000. The private sector lender has now reduced the MAB requirement to ₹15,000. The bank had in July revised the minimum average balance requirement for select account categories from ₹10,000 to ₹50,000. The revision, which was scheduled to come into effect from Se ...Read More >
HYDERABAD: BRS working president KT Rama Rao on Wednesday described the Supreme Court order on nomination of two MLCs as "a slap in the face of both the Congress and the BJP". The apex court issued an order modifying its earlier interim directive on the nomination of Prof M Kodandaram Reddy and Amer Ali Khan to the state Legislative Council under the Governor's quota. In a press statement, Rama Rao said that the Supreme Court declaring invalid the appointments of Kodandaram and Amer Ali as MLC ...Read More >
Mumbai (Maharashtra) [India], August 14 (ANI): A case has been filed against Bollywood actor Shilpa Shetty, her husband Raj Kundra, and another person for allegedly cheating a businessman of over Rs 60 crore.The complaint, filed by businessman Deepak Kothari, director of Lotus Capital Financial Services Ltd, claims the incident took place between 2015 and 2023. Kothari alleged that the couple took the money under the pretext of expanding their business but used it for personal expenses instead.A ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
Mumbai: Actor Shilpa Shetty Kundra, her businessman husband Raj Kundra and another unidentified person have been booked by the Economic Offences Wing (EOW) of the Mumbai Police for allegedly cheating a city-based businessman of Rs 60.48 crore in a loan-cum-investment arrangement linked to their now-defunct company, Best Deal TV Pvt Ltd. The FIR, initially lodged at Juhu police station under various IPC sections for cheating and forgery, was reportedly transferred to the EOW as the sum involved ...Read More >
New Delhi: The CBI has arrested a customs superintendent posted at Sahar airport in Mumbai, for allegedly taking a Rs 10.20 lakh bribe from an agent, an official said Sunday. The central probe agency booked Krishan Kumar for allegedly demanding a bribe at the rate of Rs 10 per kg for facilitating clearance of imported consignments from a customs house agent, a CBI spokesperson said. It was also alleged that Kumar threatened the agent when he refused to pay the bribe, and deliberately withheld ...Read More >
Bhubaneswar: The Directorate of Enforcement (ED) has arrested Partha Sarathi Biswal, Managing Director of Biswal Tradelink Pvt. Ltd. (BTPL), Bhubaneswar, in connection with a money laundering case involving fake bank guarantees worth Rs 68.2 crore. The arrest was made under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. According to an official press release, the ED launched the investigation based on FIR No. 131/2024 registered by the Economic Offences Wing (EOW) of th ...Read More >
New Delhi: Enforcement Directorate on Friday put travel curbs on Reliance ADAG chief Anil Ambani by issuing a lookout circular after summoning him for questioning at the agency HQ here on Aug 5 in connection with an alleged money laundering racket involving group entities. The summons were based on findings of probes being conducted by multiple agencies.On Friday, ED searched three premises in Bhubaneswar and one in Kolkata after finding alleged evidence of Rs 68-crore fake bank guarantee provid ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BE ...Read More >
Thane Cyber Fraud Case: Surge is seen in the cyber fraud and the main targets among the common man is the senior citizen as they are easy to manipulate. A senior citizen couple from Thane's Badlapur area are the latest victim of digital arrest where they got looted for Rs, 2 cr, Police has registered a complaint of 68-year-old resident. Victim received a call from fraudster On April 24 posing as a sub-inspector from Colaba police station. He threatened the victim that his name is involved in mo ...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.