The Reserve Bank of India has imposed a monetary penalty of ₹20 lakh on Religare Finvest for the failure to comply with the directions/orders issued by RBI on an assignment transaction."An inspection of the company was conducted under section 45N of the RBI Act, 1934 during September-October 2015. During
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https://www.facebook.com/photo.php?fbid=1669117573148867&set=pcb.1336920326413229&type=3&theater&ifg=1 In an attempt to drum up public support for its fight with the Left Front in Kerala, the BJP's Delhi unit has in the heart of the national capital placed grisly photographs of political killings in the southern state.The banners, some of which carry 'hashtags' such as 'CPMTablibanism', contain color
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Five customer accounts belonging to Andhra Bank and Syndicate Bank were subjected to fraudulent withdrawals using the customer's Aadhaar data, government data indicated.Four of the five Aadhaar fraud cases took place in Andhra Bank, while the remaining one took place in Syndicate bank.The four account holders of Andhra Bank
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A student in Kerala went out on a limb to expose the abuses of his teacher by bringing a cellphone and recording the teacher's actions secretly.The video, which shows the teacher repeatedly beating a student with his hand, has gone viral on WhatsApp in Kerala.The video has an attached
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Police in Kerala have arrested 35 people in Malappuram district on suspicions of being illegal Bangladeshi citizens staying in India.The arrests were made in Edavannapara in the Muslim-dominated district.Police sources said that the arrests are likely to lead to an acceleration in investigations into illegal Bangladeshis staying in Kerala.Kerala
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India's biggest bank, State Bank of India, has been forced to issue warning letters to its customers after fraudsters targeted the banks' customers with fake schemes and offers.An email message has been sent to customers warning them against depositing money on the advice of such people."The recent spate of
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A group of 39 Islamic missionaries have been arrested for door-to-door distribution of religious pamphlets that said, among other things, that people who worship multiple Gods will burn in hell.The volunteers of 'Mujahid Wisdom Global Islamic Mission', who were distributing the material in villages near Kochi, were arrested on
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A trustee of a prominent international school in Andheri in Mumbai has been booked for sexually exploiting kids studying in kindergarten in the school.According to the complaint filed in MIDC police station in Mumbai, a teacher used to take two kids -- both aged three -- to the trustee's office
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Jammu & Kashmir politician Bhim Singh has sided with separatist leader Yasin Malik in the controversy surrounding a scuffle between journalists of India Today group and Malik.India Today claimed that Yasin Malik assaulted its crew and destroyed their gadgets when they it went to get a reaction from Malik on
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The Supreme Court has upheld the death sentence for the four adults convicted in the infamous 'Nirbhaya' rape case of Delhi.A three-judge bench said the act falls 'beyond any doubt' in the 'rarest of rare' cases that is suitable for death penalty. There were two judgements between the three judges,
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The Bombay High Court has given bail to Pragya Singh Thakur in the 2008 Malegaon blasts that targeted Muslims in a 'revenge attack' for blasts carried out by Islamist terrorists in India.Pragya was given a bail even though she was refused the same by the trial court.The High Court
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Air India has been told to remove Shiva Sena MP Ravindra Gaikwad from its 'no fly list' after pressure from Gaikwad's party on the central government.According to reports, the MP had tried to book flight tickets again today morning, but could not.However, Air India has now removed the ban on
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Punjab National Bank, the third largest public sector bank in India, and smaller cousin Corporation Bank can teach bigger siblings like State Bank of India and Bank of Baroda a thing or two about going after big loan defaulters, an analysis of Reserve Bank of India data shows.In the last four
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A well-publicized scheme for ensuring security for women in public road transport unveiled in the wake of the brutal 'Nirbhaya' rape and murder of in December 2012 seems to have ground to a halt in the absence of political will.According to the ministry of road transport and highways, only Rs 1.43 cr
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A total of 308 people died in police custody in the three years from 2013 to 2015 -- including 75 in Maharashtra -- but not a single policeman was convicted in any case related to custody deaths in the country during those years, data from the home ministry showed.On an overall
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The government of India said it has no official records to suggest that Sunil Upadhyay, the Indian Museum official whose mysterious and sudden disappearance in 2014 created a sensation, was a whistleblower."There are no office records to indicate that Dr. Sunil Upadhyay acted as a whistle blower on any issue
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The Calcutta High Court has handed over the investigation into the sting operation conducted by 'Narada News' to the Central Bureau of Investigation.The agency has been told to complete a preliminary investigation within 72 hours.The move follows complaints that the state police faced a conflict of interest in investigating the
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The demonetization of high-value currency notes saw a rise in the number of bank robberies towards the end of 2016, but all of the increase came from just three states -- Jammu & Kashmir, Bihar and Haryana.Overall, cases of theft, robbery and loot of on bank properties increased by 11% in
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PayTM, India's largest wallet company, has been cheated to the extent over Rs 6.15 lakh by 48 customers claiming illegal refunds for goods they already received.A case has been registered with the Central Bureau of Investigation, which is currently looking into the matter.Besides PayTM, others such as Freecharge and MobiKwik
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The head of the Unique Identity Authority of India has urged the public to write down the purpose and date when they submit photocopies of their Aaadhar cards to exchange currency notes to prevent misuse.“Photocopies of the Aadhaar letter are being submitted by the general public to banks. We urge
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