India’s rapid digital transformation has made financial transactions faster and more convenient, but it has also led to a sharp rise in online fraud cases. Over the past decade, digital payments have grown exponentially, with platforms like Unified Payments Interface becoming a part of everyday life. However, this growth has been accompanied by a surge in fra

In a major step forward in one of India’s most closely watched financial crime cases, fugitive businessman Nirav Modi could soon be extradited from the United Kingdom, according to senior government sources familiar with the matter. Officials indicate that the process has entered its final phase, with operational preparations now underway to facilitate his return to India. Teams from In

On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence. The biggest trigge

In the latest escalation of the regional conflict, Iran has issued a

Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent

Japan’s benchmark Nikkei 225 climbed to another record high on Thursday, extending its streak of gains as investor enthusiasm around the so-called Takaichi trade continued to fuel buying in domestic equities. The index rose 1.1 percent to close at an all-time high of 59,199.31, marking its third consecutive session of record finishes. The broader Topix index also advanced 1.45 percent, reaching a fresh peak as market sentiment remained buoyant. The rally in Japan stocks has been c

India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr

Nitin Nabin formally assumed charge as the National President of the Bharatiya Janata Party, creating history as the youngest leader to head the party at the age of 45. He succeeds JP Nadda, who is currently serving as a Union minister. The ceremonial change of leadership took place at the BJP headquarters in New Delhi in the presence of Prime Minister Narendra Modi, Union Home Minister Amit Shah, Defence Minister Rajnath Singh, Union Minister Nitin Gadkari, and several senior leaders of the

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

As the calendar turns to a new year, New Year’s Day remains a federal holiday across the United States, bringing widespread closures for government offices, schools, banks and financial markets. At the same time, many major retailers and grocery chains plan to welcome customers on January 1, 2026, often with adjusted hours and post-holiday discounts aimed at clearing older inventory. Shoppers and consumers are encouraged to confirm local schedules in advance, as operating hours can vary by

Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

Federal prosecutors have charged the founder of Irving-based Tricolor Holdings with orchestrating a years-long scheme that allegedly defrauded major lenders of nearly $1 billion, marking a dramatic collapse for a company once positioned as a key provider of auto loans to borrowers with poor credit histories. Authorities announced the charges Wednesday alongside the arrests of two former top executives and guilty pleas from two others. According to an indictment unsealed in federal c

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin

Amaravati is once again in the national spotlight with a major milestone set to unfold in the capital region. As the NDA government accelerates the development of Andhra Pradesh’s capital, the city is emerging not only as an AI hub and renewable energy center but also as a rising financial powerhouse. The long-held dream of transforming Amaravati into India’s financial capital, first envisioned by Chandrababu Naidu, is now gaining renewed momentum with concrete steps toward large-scale ba

The excitement of America’s favorite game show is rolling into Livermore this November. “Wheel of Fortune LIVE!” is set to bring its interactive stage experience to the Bankhead Theater on Monday, November 10, giving fans a rare chance to step into the spotlight and spin the iconic wheel themselves. Hosted by TV personality Mark Walberg, known for his roles on “Antiques Roadshow” and “Temptation Island,” the live event will feature randomly selected audience members co