The Reserve Bank of India (RBI) has remains repo rate unchanged at 5.5% due to US President Donald Trump’s tariff risk. The rate fell 16 paise the day gone by, after Trump issued new threats to hike tariffs on Indian items. The decision announced this morning at the Monetary Policy Committee (MPC) meeting, that’s held

ED questioning Anil Ambani in New Delhi today. He is alleged in Rs 17,000 crore bank money laundering case. Sources say Mr Ambani not  allowed to have an lawyer present with him during questioning. The whole questioning session recorded on a digital camera. Statements recorded under the Prevention of Money Laundering Act (PMLA) are admissible

Reliance Group Chairman Anil Ambani questioned by the Enforcement Directorate Tuesday morning on money laundering cases related to alleged bank loan frauds worth Rs 17,000 crore. The probe company face to Mr Ambani after 3 days of investigating through the records of 50 businesses across 35 locations, and interviewing 25 people. Sources told ‘massive quantity

New UPI Rules effective from today August 1. These policies will enhance the efficiency of UPI apps and protect customers from fraud. Implemented by the National Payments Corporation of India (NPCI), they apply to all payment providers like Google Pay, PhonePe, or Paytm. The new rules will alter activities like checking bank balance, processing autopayments,

The Enforcement Directorate (ED) conducts raids at several places connected to industrialist Anil Ambani’s agencies in Mumbai. State Bank of India (SBI) declares the Reliance Communications and its MD Anil Ambani as ‘fraud’. While Ambani’s personal house was not a part of the raid operation, the ED teams from Delhi and Mumbai visited premises tied

One 97 Communications Ltd, the figure of Paytm said consolidated net income of Rs 123 crore in the region ended June 30, 2025 as against net lack of Rs 839 crore a year in the history, aided by strong lending industry and as it kept a decent lid on charges, in particular marketing and employee

The State Bank of India (SBI) has classified the loan account of Anil Ambani Reliance Communications (RCom) as ‘fraud’.  RCom filed a securities filing on Tuesday, disclosing the circulate of India’s largest lender. Last year, Canara Bank also tagged the RCom loan account as ‘fraud’. Reliance Communications is a part of the company led through

The government are considering a reduction in GST rates on essential items, including pulses, puffed rice, tea, and besan, per reputable sources. This rates expected to reduce the expenses of many daily-use products that is part of every family’s monthly expenses, mainly for middle-income households suffering from rising fees. With GST rates at all-time highs,

A relationship manager in an ICICI Bank department in Kota, Sakshi Gupta allegedly siphons Rs 4.58 crore from customers’ accounts, as per police reports. She was arrested a last week and currently under judicial custody, sources said. The accused, Sakshi Gupta, posted as a relationship manager at ICICI Bank’s DCM branch. Police said she had

Vijay Mallya is facing charges of fraud and money laundering in India. He claims that banks had recovered Rs 14,100 crore from him against his debt of Rs 6,203 crore. The former owner of RCB and Kingfisher Airlines also reiterated that he face discrimination against as opposed to different defaulters who obtained alleviation from banks.