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Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...- RBI clears Areion's Rs 936-crore Aviom acquisitionThe Reserve Bank of India has approved Areion Group's acquisition of Aviom India Housing Finance. This approval clears a significant regula...
- Mumbai Port Authority to recover Rs 3,500 cr rental arrears from defaultersMumbai Port Authority plans to recover Rs 3,500 crore in lease rental arrears. Criminal proceedings will be initiated against unauthorized ...
- Why online masterclasses are replacing the executive MBA?The traditional Executive MBA is losing its dominance as learning needs change. New platforms offer short, practitioner-led programs for bu...
- 7 big income tax changes for 2026-27 that may reduce penalties for small mistakesNew income tax rules aim to reduce penalties for ordinary citizens. Minor foreign asset non-disclosures will not face prosecution from Octo...
- As defaults on student loans surge, millions are trying to get their lives back on trackMillions of Americans face student loan defaults after pandemic relief ended. Borrowers like Ashley Dreahn and Barbara Howaniec struggle wi...
- 'Not the subject to talk about: Sharad Pawar stays tight-lipped amidst reports of possible NCP-SP splitSharad Pawar deflected speculation about his party's potential split and future alliances. Supriya Sule clarified that no official discussi...
- EPFO launches VISHWAS 2026 to settle employer penalty disputesThe EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty ca...
- CCPA imposes Rs 1 lakh penalty on SpiceJet for using dark patterns on booking platformThe Central Consumer Protection Authority (CCPA) has imposed a Rs 1 lakh penalty on SpiceJet for using "dark patterns" on its flight bookin...
- EPFO launches Vishwas 2026; scheme to be operational for six monthsUnder VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially ...
- EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote complianceThe Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging e...
- Wall Street regulators propose new e-delivery for investor disclosuresThe U.S. Securities and Exchange Commission has introduced a groundbreaking rule to enhance electronic disclosure delivery. This initiative...
- RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
- Aswath Damodaran explains why country risk is no longer just an emerging market problemValuation expert Aswath Damodaran argues that country risk is no longer limited to emerging markets as global companies face political, leg...
- China's record consumer defaults undermine Beijing's push to boost spendingChinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....
- Psychology says people who trust easily aren't always ignoring the red flags, they may be just giving the benefit of doubt to othersTrusting others doesn't mean ignoring warning signs. The healthiest approach combines openness with good judgment. Trust can strengthen fri...
- Google probed by Swiss regulator over Android default search featureThe "Choice Screen" feature allows users to choose their default search engines during the initial set up of their new Android device. CO...
- Anthropic rolls out rupee pricing for Claude AI in IndiaClaude Pro now starts at Rs 1,999 per month on an annual plan (about Rs 24,000 a year), rising to roughly Rs 2,399 per month for those who ...
- Income tax penalties explained: Under-reporting, not furnishing ITR, and more -Defaults and penalties under different sectionsIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- GST law panel clears proposal to shield buyers' input tax credit from supplier defaultsA GST Council proposal will protect buyers from losing input tax credit. This protection applies if suppliers fail to deposit taxes with th...
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