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CBI raids 80 locations in 16 states in crackdown on digital arrest scamsIn a significant crackdown, the CBI has dismantled a cybercrime network behind digital arrest scams, conducting searches across 16 states. ...
Nithin Kamath recalls falling for a pyramid scheme, warns retail investors against 'easy money' promisesZerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, emphasizing that wealth building req...
Husband hides real age on matrimony site, claims to be 37 instead of 44, leading to incorrect horoscope match; HC grants wife divorce for this reasonThe Telangana High Court gave relief to a wife by granting her divorce after it was found that her husband had misrepresented his age which...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...
Four arrested in Bihar for selling fake question papers of NEET, other examsBihar Police have apprehended four individuals in Muzaffarpur for allegedly selling fake examination question papers, including those for N...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraudFake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages,...
Warren Buffett on how CEOs manipulate earnings – and how to spot itWarren Buffett compared modern corporate accounting to a golfer who turns in a score of 140 in his first round (thanks to fake bogeys), and...
Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
5 world market themes for the week aheadPresident Trump visits China this week. Saudi Aramco reports results amid a fragile situation. Economic data will reveal the Middle East co...
AI-generated videos of Donald Trump and Elon Musk convince people to buy fake gold coins and become millionaires; several MAGA faithful taken for a rideRecent reports have revealed that AI- generated videos of US President Donald Trump and Tesla CEO Elon Musk have reportedly ended up convin...
CBI issues new warrant against Vijay Mallya in loan default caseFinding merit in the CBI's case and relying on the evidence submitted by the agency, the court held that it was prima facie evident that th...
NY seeks $370 million in penalties in Trump's civil fraud trial. His response: 'They should pay me'New York seeks $370M from Trump in civil trial over business fraud; Trump counters, claiming innocence and political maneuvering. Trial's c...
Cooperative bank scam: Congress accuses Left government of deceiving investorsThe opposition Congress party in Kerala has accused Chief Minister Pinarayi Vijayan of failing to address the issues faced by people who ha...
Judge rules Donald Trump defrauded banks, insurers as he built real estate empireJudge Arthur Engoron, ruling Tuesday in a civil lawsuit brought by New York's attorney general, found that the former president and his com...
Banking trends: Appearances deceiveIncreased profitability stems not from a thriving loan business but from depressing the rates on deposits, bond trading and write-back of p...
Overconfidence can fool peers: StudyThis is the first time a link has been found between a person's view of their own ability and how others see their abilities.
- Don't go long on banking: Ashwani Gujral, Market Strategist
In all market rallies, banking is underperforming.