HSBC's $1.1B Madoff Fraud Provision Hits Shares
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
India's electronics manufacturing sector experiences unprecedented growth with ₹4 trillion investments and 1.5 lakh new jobs. Union Minister Ashwini Vaishnaw reveals massive expansion in mobile, IT hardware, and component manufacturing.
RJD leader Tejashwi Yadav defends his party's employment generation model as sustainable investment, challenging BJP's criticism of welfare schemes as wasteful spending.
UGC exposes 31 fake universities operating across India. Check our comprehensive state-wise list to verify your institution's authenticity before admission.
A sophisticated fraud scheme targeting PM Employment Generation Programme applicants in Karnataka's Udupi district has left a couple and their relative poorer by ₹1.45 crore. Police investigation reveals elaborate deception tactics.
A Delhi man posed as the official Ambassador of the fictional micronation 'Westarctica' to scam businessmen of lakhs of rupees in an international investment fraud. Police uncover sophisticated con operation.
Discover the pros and cons of investing in residential plots versus apartments in India. Get expert insights on returns, risks, and long-term value to make informed investment decisions.
Punjab government's innovative sand mining scheme delivers massive 35% price reduction, making construction more affordable while combating illegal mining.
Odisha government prepares to unveil its massive maritime potential at Mumbai investment event, highlighting port-led development opportunities worth billions. Discover how the state plans to transform its coastline into an economic powerhouse.
A sophisticated fraud scheme in Karnataka's Udupi district duped a couple and their relative of ₹1.45 crore by falsely promising benefits under the PM's Employment Generation Programme. Police investigation reveals elaborate deception tactics.
Punjab court issues arrest warrant against Canada-based NRI Jagman Samra for creating and circulating fake video of CM Bhagwant Mann. Legal action intensifies in social media misinformation case.
Authorities crack down on fraudulent diversion of subsidized rice meant for Karnataka's poor. Two individuals booked in Udupi district scheme violation.
Two individuals arrested in Delhi for operating a counterfeit RTO website that duped numerous citizens. Learn how the cyber cell uncovered this digital fraud operation.
Indian government announces two additional investment choices under National Pension System, giving subscribers more flexibility and control over their retirement savings.
Delhi Police uncovers major employment fraud scheme where family promised government jobs in exchange for massive investments. Four arrested in Goa after duping multiple victims.
Former Alabama police officer staged his own shooting, fabricated hate crime allegations against Black man in elaborate scheme to manipulate former girlfriend's sympathy.
Cachar police crack down on sophisticated fake documents network in Silchar, arresting mastermind and seizing forged certificates, stamps, and digital equipment in coordinated raid.
Union Minister Piyush Goyal makes a compelling pitch to German industry leaders, highlighting India's economic resilience, PLI schemes, and vast opportunities in manufacturing, renewables, and supply chain diversification.
Punjab government cracks down on free ration scheme irregularities, saving ₹130 crore annually while ensuring genuine beneficiaries receive their entitlements.
Maharashtra opposition exposes alleged financial irregularities in government's flagship scheme, accusing ruling coalition of using public funds for vote-buying ahead of elections.
In a major crackdown on luxury counterfeit goods, Hong Kong customs officials have confiscated over 27,000 fake sneakers from top brands including Nike, Adidas, and Louis Vuitton, with an estimated market value of ₹88 crore.
India launches groundbreaking REPM scheme to boost rare earth production through e-waste recycling, reducing import dependency and powering EV batteries and electronics manufacturing.
Renowned investor Saurabh Mukherjea reveals his comprehensive investment blueprint for 2024, focusing on quality Indian equities, strategic gold allocation, and US market diversification to maximize returns.
Exclusive data reveals Maharashtra's ambitious women empowerment scheme has benefited 12,431 men, raising questions about implementation and eligibility criteria.
Former cricketer-turned-politician Navjot Singh Sidhu slams fake social media post circulating in his name. Get the real story behind the viral controversy and Sidhu's strong clarification.
A Bengaluru software engineer lost ₹23 lakh to cyber criminals posing as PayTM investment representatives. Learn about the sophisticated scam tactics and how to protect yourself.
Mangaluru police arrest couple for orchestrating a sophisticated investment fraud scheme that cheated people of ₹15 crore with promises of high returns from non-existent businesses.
In a major crackdown, Rajasthan Police uncovers a sophisticated fake news and extortion operation that targeted Deputy CM Diya Kumari. Two suspects apprehended from Madhya Pradesh in coordinated raids.
Central government introduces stricter disability verification process to prevent fraud in employment and educational institutions. New digital measures and district-level committees to ensure authenticity.
The Karnataka government faces humiliation after a purported world record certificate for the Shakti bus scheme was revealed to be fraudulent, forcing CM Siddaramaiah to delete his celebratory tweet.