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FINANCIAL ACCOUNTABILITY
Yes Bank AT-1 bonds: Who will examine administrator's role?The Supreme Court struck down Yes Bank’s Rs 8,415 crore AT-1 bond write-down as unlawful. The judgment raises questions over the administra...- MoSPI report shows Rs 3.22 lakh crore cost overrun in India’s ongoing infrastructure projectsInfrastructure projects worth over Rs 150 crore have seen a cumulative cost overrun of approximately Rs 3,21,976 crore. About 1,853 infrast...
- Mumbai man posed as doctor for nearly 30 years, Rs 188 crore transactions across 30 bank accounts under scannerDharmendrakumar Singh posed as a doctor for almost three decades and misappropriated Rs 188 crore. He allegedly diverted funds from various...
- Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
- Bengaluru CA reveals how middle-class Indian families quietly ‘tax’ their children's 20s: ‘My father's retirement was my responsibility’Bengaluru CA Meenal Goel revealed how feeling responsible for her father's retirement pushed her towards a safe job and steady salary inste...
- Parliamentary Committee on Finance to examine 46 economic issues, including virtual digital assets, AI, in FY'27Parliament’s Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has selected 46 subjects for examination in 2026-27, incl...
- A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
- Hacked phone, alleged $2 billion in accounts and UAE-Saudi links: What Cole’s report claims about Trump's son-in-law Jared KushnerJared Kushner has rejected claims in a Vanity Fair excerpt from Matthew Cole's upcoming book. The book alleges that $2 billion was illegall...
- WhatsApp and Telegram to stop working for these user from Jan 1: Govt announces new rule. What you should knowWhatsApp New Rule: WhatsApp and Telegram users may face account restrictions from January 1, 2027, under the government's proposed SIM-bind...
- NHB appoints forensic auditor for SRG Housing FinanceThe National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of f...
- SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
- Poonam Dhillon breaks silence over Rs 90 lakh FD fraud allegations by Nagma, Upasana Singh amid CINTAA row: 'It’s not like anyone else has taken a single rupee...'Poonam Dhillon has openly countered accusations of misappropriating CINTAA's fixed deposits amid current management conflicts. Upasana Sing...
- SBI data leak: Is your bank account safe? What was breached and should you worry?SBI bank data breach: Country's largest bank, SBI, is investigating a suspected data leak involving nearly 4,000 customer records identifie...
- A Los Angeles engineer started work on a $15,000 salary in 1979; by 2026, his net worth had reached about $8 millionA $15,000 annual salary in 1979 eventually turned into an $8 million fortune for a Los Angeles engineer. His secret was not a big business ...
- PSU banks plan youth banking push before Diwali, with savings, loansState-run banks are preparing to launch three financial products aimed at youth, covering savings, investments, insurance, and loans. These...
- These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
- Trump thanks 'legendary friend' Elon Musk for plan to donate SpaceX shares to American childrenBillionaire Elon Musk announced plans to donate SpaceX shares to every child in America. The initiative is part of the Trump Accounts progr...
- SBI data breach claim: Hackers allegedly access 3.75 lakh accounts"The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent...
- Nandan Nilekani calls for expanding Account Aggregators to reach street vendors for access creditNandan Nilekani emphasizes the importance of expanding the Account Aggregator framework to include self-employed individuals. He highlights...
- India's current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billionIndia's current account deficit narrowed to $5.2 billion in August, compared to $6.1 billion a year earlier. The capital account surplus in...
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