financial transactions

Mumbai, April 3 Ashok Kharat, who calls himself a religious figure and is facing rape charges, opened over 130 accounts in two cooperative credit societies in Maharashtra under different names and conducted transactions worth nearly Rs 63 crore in the past few years, a police official said...

Mumbai, April 2 Self-proclaimed godman Ashok Kharat, who is facing rape charges, opened more than 130 accounts in two cooperative credit societies in Maharashtra under different names and conducted transactions exceeding Rs 62.74 crore in the last couple of years, a police official said on...

New Delhi, Apr 2 UGRO Capital, a data-tech lender focused on MSMEs, has said that members of the Patni family and their associates collectively raised their stake in the company to over 5 per cent.Zodiac Wealth Advisors LLP, the Patni group's investment vehicle, along with 22 other entities...

New Delhi, Apr 2 UGRO Capital, a data-tech lender focused on MSMEs, has said that members of the Patni family and their associates have collectively increased their stake in the company to over 5 per cent.Zodiac Wealth Advisors LLP, the Patni group’s investment vehicle, along with 22 other...

New Delhi, April 2 Transactions through the Unified Payments Interface (UPI) reached a record high of 22.64 billion in terms of volume in March."UPI achieves 22.64 billion transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward. Let's...

Mumbai, April 1 The Reserve Bank of India (RBI) said on Wednesday that it processed 99.9 per cent of applications within the prescribed timeline in March 2026, according to official data.The central bank said that it handled a total of 24,911 applications in March, including pending cases and...

Mumbai, April 1 The Reserve Bank of India (RBI) said on Wednesday that 98.45 per cent of the Rs 2,000 banknotes in circulation have been returned.The central bank announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.The total value of Rs 2000 banknotes...

New Delhi, March 30 Lodha Developers Ltd, a real estate firm, announced on Monday that it has raised ₹500 crore by issuing debentures.In a regulatory filing, the company stated that the board has approved the allotment of 50,000 non-convertible debentures (NCDs) of ₹1 lakh each, totaling ₹500...

Kathmandu, March 28 – The new government of Nepal announced on Saturday that it will establish a committee to investigate the assets of political leaders and high-ranking officials who have held public office from 1990 to 2026.The government, led by Prime Minister Balendra Shah, said in a...

Gurugram, March 28 Directors of a company are alleged to have defrauded another company from which they had taken loans worth crores of rupees. Gurugram Police have arrested one of the directors from Coimbatore, Tamil Nadu, officials said on Saturday.The arrest came following a complaint filed...

New Delhi, March 27 The Delhi Police has registered an FIR in connection with an alleged case of exchanging tickets for money involving individuals linked to the Congress, the police said on Friday.The case originated from a complaint filed by a man from Haryana who claimed that he was asked...

New Delhi, March 26 Reliance Industries said on Thursday that it has not purchased crude oil of Iranian origin since the US temporarily removed sanctions to ease pressure on prices that followed the US-Israeli war on Iran.In a statement, Reliance termed reports of it buying Iranian oil as...

New Delhi, March 26 UPI has emerged as the dominant payment method among lenders, accounting for 91.89 per cent of transactions on the platform, far surpassing net banking, IMPS, and debit cards, according to a report.Female lenders invested an average of Rs 2.5 lakh, more than four times the...

Jaipur, March 26 – A roadside potter who received a staggering tax notice of nearly Rs 9 crore from the Income Tax Department last year is once again in extreme distress, as the department has issued another staggering tax demand of nearly Rs 9 crore from the poor man, leaving his family in...

New Delhi, March 26 The capital markets regulator, Sebi, has confirmed its directions against Par Drugs and Chemicals in connection with the proposed slump sale of its core business to a promoter-related entity, pending completion of the investigation.The regulator stated that the observations...

Ranchi, March 25 The Central Bureau of Investigation (CBI) has arrested a chief commercial inspector (CCI) of the South Eastern Railway in Ranchi for allegedly demanding and accepting a bribe of Rs 50,000 from the complainant, according to a statement released on Wednesday.The CBI has...

New Delhi, March 25 The Reserve Bank has approved the proposed acquisition of a controlling stake in Sammaan Capital Ltd by a subsidiary of Abu Dhabi-based International Holding Company.The acquisition by Avenir Investment RSC Ltd also includes the indirect change in control of the...

New Delhi, March 25 An immovable asset worth Rs 7.5 crore, located near London's Heathrow Airport, has been attached under the anti-money laundering law in connection with an alleged bank loan fraud case, the Enforcement Directorate (ED) said on Wednesday.The provisional attachment order was...

New Delhi, March 25 Businesses can now use UPI, debit or credit cards to pay customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said.The CBIC, in a circular, stated that the ICEGATE e-Payment platform has enabled a "Payment Aggregator" as an...

Hyderabad, March 24 Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao accused the Congress government in Telangana on Tuesday of engaging in diversionary politics and misleading the public on key issues by filing a charge sheet in the Formula E race case.He alleged that the...