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).
At least 157,066 startups have been recognised by Department for Promotion of Industry and Internal Trade (DPIIT) to date and 759,303 users are registered on the portal (as on December 25), the government said on Wednesday.
The revenue of India’s telecom industry increased 8 per cent (quarter-on-quarter) to Rs 674 billion (13 per cent growth year-on-year) in the second quarter of FY25, mainly driven by tariff hikes, according to a new report.
India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the Directorate General of Civil Aviation (DGCA).
A recent report by housing brokerage firm, Anarock, said the housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches.
India is projected to witness 6.5 per cent real GDP growth in the current and next fiscal (FY25 and FY26), according to a report on Wednesday, which is in line with the expectation amid a resilient economy and strong fundamentals.
