ED seizes Rs 1.5 cr from L2: Empuraan producer's company

The Enforcement Directorate on Saturday said it seized Rs 1.5 crore in cash after searching the premises of a chit fund company owned by Gokulam Gopalan, one of the producers of the Malayalam movie......

Online Scams: 4,245 Cr Gone in 10 Months

This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy......

Eliminate online betting, gambling apps, YSRCP MP urges govt

A strong demand was made in the Lok Sabha on Wednesday to eliminate online betting and gambling applications that keep mushrooming under new names to bypass government controls. IMAGE: YSR......

Rs 45 Bn Scam: ED Launches Searches

IMAGE: The Enforcement Directorate office, in New Delhi. Photograph: ANI Photo The Enforcement Directorate said on Monday that it had conducted search operations at four locations in Mumbai and......

How Bank of India Plans To Counter Deposit Woes

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business. Illustration: Dominic Xavier/Rediff.com Bank of India (BoI) will focus on 1,000......

Banks set to make treasury gains in Q4 FY25 as bond yields soften

Banks are set to make treasury gains in the fourth quarter of the current financial year (2024-25) as the yield on government bonds has softened so far this quarter, driven by strong inflows into......

RBI allows banks to hike ATM charges from May 1

The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Illustration:......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

JioStar to Earn 6,000 Cr from IPL

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore. IMAGE: Kolkata Knight Riders won the IPL 2024.......

Messi's India return set to break records

Football fans in India will have another glimpse of Lionel Messi and his Argentine team in an exhibition match in Kerala in October, 14 years after the World Cup-winning captain first visited the......

Shami's sister, relatives implicated in alleged MNREGA fraud

IMAGE: Mohammed Shami's sister Shabina and her relatives were named in an alleged fraud involving MNREGA. Photograph: BCCI A district-level investigation into an alleged fraud involving Mahatma......