At 9.7 cr/year, Sidhu is highest-earning Punjab MLA, 40% AAP MLAs are crorepati

An analysis of the election filings of the newly elected members of Punjab Legislative Assembly revealed that Navjot Singh Sidhu, the ex-cricketer and television personality who joined the Indian National Congress just before the election, is the highest-earning member of the house. The analysis by the Association for Democratic Reform also revealed that 8 out of […]

Credit, debit card fraud down sharply this year in India

Incidents of fraud and theft involving credit and debit cards have fallen sharply in the current financial year, according to data for the first nine months provided by the Reserve Bank of India. While the exact reasons for the sharp decrease is not known, banks in India have been putting in more and more precautions after […]

Bank robberies increased in J&K, Haryana after demonetization: RBI data

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 the last three months […]

BSNL JE 2016 recruitment frozen after complaints to DoT – CMD Shrivastava

BSNL Chairman and Managing Director Anupam Shrivastava said the recruitment of Junior Engineers (JEs) into the telecom company has been frozen by the Department of Telecom on the basis of complaints. “It is being held up by the Department of Telecom… due to complaints,” Shrivastava said in response to questions by candidates who have qualified […]

PayTM hit by Rs 6.15 lakh fraud

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 are also present […]

DON’T BE A VICTIM: UID Chief urges people to write purpose on Aadhaar copies

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 them to clearly indicate […]

Praful Patel says Modi has made it difficult to fight elections

Nationalist Congress Party leader Praful Patel said political parties are facing a lot of problems in fighting elections due to the ongoing crack-down on cash by Narendra Modi government. “You know what is going on with fighting elections.. you have also been a treasurer,” Patel said in the Rajya Sabha today, looking at a fellow […]

Kerala merchant’s union strike against black-money currency move

Kerala’s merchants and traders union has asked its members to shut all shops from Tuesday to protest the Center’s decision to swap currency notes to control black money. The central government has withdrawn existing 500 and 1000 rupee notes and asked everyone holding the same to get them exchanged with new notes from their nearest […]

Chidambaram says Congress didn’t demonetize because it was costly

Former finance minister P Chidambaram said the previous Congress governments had also considered attacking black money by swapping currency notes, but decided against it as it was considered too costly. Talking to mediapersons, Chidambaram said the cost of swapping the notes would be between Rs 15,000-20,000 cr and the benefit should at least be equal […]

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