Bank frauds increased to 18,461, amount involved spikes 8x in H1FY25: RBI
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
Benchmark indices closed with little change on Thursday in yet another volatile session, with the Nifty at 23,750 led by auto, pharma, energy stocks. At close, the Sensex was down 0.39 points at 78,472.48, and the Nifty was up 22.55 points or at 23,750.20.
The new business premium (NBP) in life insurance’s micro-insurance segment in 2023-24 surpassed Rs 10,000 crore for the first time, Insurance Regulatory and Development Authority of India (Irdai) said.
In the coming year, AI agents will generate new revenue streams, innovate business processes across industries, boosting profitability, operational efficiency, and customer experience.
Global audit firm Deloitte has been fined about Rs 2 crore by the National Financial Reporting Authority (NFRA) for alleged lapses in auditing Zee Entertainment Enterprises Ltd (ZEEL).
Nearly 65 per cent of Indian firms are currently employing gig workers, a higher share compared to 57 per cent in 2020, a Nasscom report said on Thursday. However, while the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).
Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned distribution companies, said Fitch Ratings.
Bharti Airtel and Qualcomm have already collaborated for accelerating 5G in the country. Airtel and Qualcomm are enabling a wide array of use cases, including 5G Fixed Wireless Access (FWA) which is designed to deliver broadband connectivity at Gigabit speeds to homes and businesses.
Riding on more than 500 million gamers across mobile, PC, and Cloud gaming platforms, India's gaming market has likely reached $2.6 billion in revenue this year which is expected to quadruple to $8.6 billion by 2027, a new report showed on Thursday.
According to a statement issued by Coal Ministry, the coal mines to be auctioned are fully-explored and partially-explored coking and non-coking mines.
