Centre issues notices to all those named in Panama Papers

The Centre said in the Lok Sabha on Friday that it has issued notices to all the people named in the Panama Papers but tax laws do not allow the proceedings to be made public till cases are filed......

Intelligence agencies tipped on bank transactions

Intelligence agencies, including Research & Ananysis Wing and Central Bureau of Investigation, have been forwarded a list of around 100 people with criminal background -- some of whom are on the......

SIT on black money to meet on June 4

The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi......

How hawala money is used to fund terror

The Financial Intelligence Unit last month marked 200 transactions in India -- running into Rs 2,000 crore -- as terror-financed. Now,it has commenced its probe to trace the origin of the funds. It......

What Will RBI Governor's Agenda Be?

As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street. IMAGE: The Appointments......

Cyberfraud Thrives On Fear!

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than......

AI tool MuleHunter to tackle financial fraud

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai......

Slowing credit growth, margin pressure await banks in 2025

With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. Photograph: Ajay Verma/Reuters In 2025 banks are in for......