In a significant step in the investigation of the massive Yes Bank-DHFL fraud case, the Enforcement Directorate (ED) has attached assets worth ₹415 crore belonging to prominent Maharashtra-based builders Avinash Bhosale and Sanjay Chhabria. The move marks another major development in what is being described as one of India’s biggest banking scams. Both builders were […]
Business
New Delhi:June 12What began as a hopeful journey for a better future abroad turned into a devastating financial and emotional setback for a Delhi-based couple after they were allegedly cheated in the name of securing Canadian residency through a restaurant business. Richa Ahuja and Prem Ahuja had been planning to move to Canada in search […]
The Reserve Bank of India (RBI) has revised its economic projections for the current financial year, lowering its GDP growth forecast while raising its inflation estimate amid concerns over rising energy prices and global supply disruptions. Announcing the Monetary Policy Committee’s decision on Friday, RBI Governor Sanjay Malhotra said the central bank now expects
The Central Bureau of Investigation (CBI) has arrested Amitabh Jhunjhunwala, a former top executive of the Anil Ambani-led Reliance Communications Group, in connection with an ongoing investigation into alleged bank loan misuse and financial irregularities. A Mumbai special court on Monday granted permission to the CBI to formally arrest Jhunjhunwala, who is already lodged
For more than 135 years, Mumbai’s iconic dabbawalas have been a symbol of efficiency, delivering thousands of home-cooked meals across the city with remarkable precision. Their unique delivery system has been studied by global institutions, praised by business leaders, and admired around the world. Today, however, this century-old profession is facing one of its biggest
As tensions continue to escalate between the United States and Iran, the Reserve Bank of India (RBI) has reportedly taken a significant step to protect the country’s financial position by selling nearly $12 billion worth of gold reserves. According to reports, the move is aimed at safeguarding India’s foreign currency assets and reducing the potential […]
Industrialist Anil Ambani is facing mounting legal scrutiny after the Central Bureau of Investigation (CBI) registered multiple fraud cases linked to loans taken by Reliance Communications and other group entities. According to investigators, several banks and financial institutions have alleged that thousands of crores in loan funds were diverted through shell companies,
The Reserve Bank of India (RBI) is exploring new ways to expand the use of the digital rupee, with a focus on government welfare schemes and international payments. According to the RBI’s 2025-26 annual report, the central bank is evaluating how its Central Bank Digital Currency (CBDC), also known as the e-rupee, can make subsidy […]
Raymond Realty has unveiled its new luxury residential concept, “Gold Collar Life”, in Mumbai’s prestigious Bandra Kurla Complex, positioning the project as a fresh benchmark for ultra-premium urban living. Designed for high-achieving professionals, entrepreneurs and business leaders, the development focuses on combining luxury, comfort and modern lifestyle experiences in
State-owned telecom company Bharat Sanchar Nigam Limited has reported a major financial turnaround, with its revenue rising to ₹25,000 crore over the last two years, according to Union Minister of State for Communications Chandra Sekhar Pemmasani. The minister said BSNL’s revenue has increased from around ₹21,000 crore, marking a growth of nearly 20 to 25 […]
