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Paytm founder calls out scamster impersonating him shares screenshots of hilarious exchange
Vijay Shekhar Sharma,Paytm founder and CEO The encounter, which left many netizens in splits, also spotlighted the darker side of the digital world, where unsuspecting individuals are targeted by scamsters using sophisticated manoeuvres, advanced techniques, fake...
DoT introduces ‘Financial Fraud Risk Indicator’ to fight cyber fraud
This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool, when digital payment is proposed to be made to such numbers New Delhi: In a major step towards combating cyber fraud and financial crime, the Department of...
Sebi cautions investors on stock market scams through social media platforms
Sebi has observed that such entities use various strategies to gain investors' trust and confidence. Generally, these entities send unsolicited invitations in the form of links to join WhatsApp groups -- often under names like "VIP Group" or "Free Trading Courses"--...
Central govt employees retiring day before annual pay hike date to get notional increment
As specifically mentioned in the orders of the apex court, "grant of the notional increment on January 1/July 1 shall be reckoned only for the purpose of calculating the pension admissible, and not for the purpose of calculation of other pensionary benefits," said the...
Japan’s 3 major casualty insurers plan to sell $9.5 billion of cross-held shares
Eliminating cross shareholdings is seen by many as a yardstick for measuring corporate governance reform at Japanese companies. Japan’s industry body for non-life insurers told its members in September to cut their cross-shareholdings in the aftermath of a...
Climate risks cost EU farmers 28 billion euros a year, EU says
“Climate change and its consequences could restrict farmers’ access to finance, as banks could become even more reluctant to take risks than they are today,” Christophe Hansen, the EU’s commissioner for agriculture and food, said in a statement, urging action to...
Cyberattack costs Marks & Spencer $403 million in operating profit
The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said Wednesday. Online clothing and home orders, which account for more than £3 million of sales a day and have been suspended for more than three weeks, will be disrupted...
Use of term ‘bouncer’ intended to invoke fear terror in public mind: HC
It also observed that the primary reason for engaging the services of a security agency or security guards is to ensure a safe and respectful space, but when these employers or employees become "miscreants", assuming themselves to be extra-constitutional authorities,...
3/4th of India’s population at ‘high’ to ‘very high’ heat risk: CEEW study
According to the study by Delhi-based climate and energy think-tank Council on Energy Environment and Water (CEEW), the 10 states and union territories with the highest heat risk include Delhi, Maharashtra, Goa, Kerala, Gujarat, Rajasthan, Tamil Nadu, Andhra Pradesh,...
Tax department notifies ITR-U; taxpayers can file updated ITR for 4 years
For ITR-U filed within 12 months and 24 months of the end of relevant AY, 25 per cent and 50 per cent additional tax respectively have to be paid. New Delhi: The Income Tax department has notified ITR-U which will allow taxpayers to file updated returns for 4 years...
Bajaj Group get CCI’s nod to acquire Allianz’s 26 pc stake in insurance JVs for Rs 24,180 cr
"CCI approves the proposed combination involving acquisition of stake in Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company and Bajaj Allianz Financial Distributors by Bajaj Finserv, Bajaj Holdings & Investment and Jamnalal Sons," the...
FM calls for right balance of regulations, freedom
Nirmala Sitharaman,Finance Minister Touching upon the emergence of new technologies, Sitharaman, who is also in charge of the Corporate Affairs Ministry, said artificial intelligence technologies raise novel questions about market power, transparency, data access,...
Geneva Association report calls for action to safeguard home insurance amid rising extreme weather risks
“Extreme weather is no longer a future threat – it’s disrupting lives and businesses today. But we’re not powerless. By urgently investing in stronger local building standards, nature-based solutions, and climate-resilient infrastructure, we can protect people and...
EU likely to propose to G7 lowering price cap on Russian oil to $50 per barrel
The G7 price cap was agreed in December 2022, banning trade in Russian crude oil transported by tankers if the price paid was above $60 per barrel and prohibiting shipping, insurance and re-insurance companies from handling cargoes of Russian crude around the globe,...
High crypto investors seek bodyguards to deter kidnappers
People with crypto wealth face unique physical risks because public blockchain networks like Bitcoin and Ethereum allow tokens to be transferred instantly and anonymously. This means that if an individual is coerced into giving up the access credentials to their...
Why can’t Centre formulate ‘clear cut’ policy to regulate cryptocurrency? asks SC
“Why does Centre not come out with a clear cut policy on regulating cryptocurrency? There is a parallel under-market for it and it can affect the economy. By regulating the cryptocurrency, you can keep an eye on the trade,” the bench told Additional Solicitor General...
Govt reviews COVID-19 situation abroad
As of May 19, 2025, the number of active COVID-19 cases in India stands at 257 -- a very low figure considering the country's large population. Almost all of these cases are mild, with no hospitalisation required. New Delhi: Following recent media reports of a surge...
New India’s net profit stays flat at Rs 347 cr in Q4FY25, improves its gross premium, combined ratio and reduces underwriting losses
Girija Subramanian, CMD, New India Assurance ``Even more encouraging is that our continued emphasis on profitable growth over the past several quarters is now yielding results. Despite the rise in gross written premium, the company has managed to improve its combined...