Category : Banking


Nagpur Hospital Survey: Rs 2.5 Crore Cash Receipts Found

The Income Tax Department's ICI wing surveyed a Nagpur multispeciality hospital, uncovering Rs 2.5 crore in cash receipts from 100 transactions, violating the Rs 2 lakh cash limit rule. This follows a similar survey last week, with total findings exceedin

AI Fears Trigger $56B Selloff in Indian IT Stocks

Indian IT stocks have plunged 15% amid AI fears, losing $56 billion in market cap. Analysts debate whether the selloff is overdone, with some seeing a buying opportunity as firms adapt to new tech demands.

11 Ahmedabad CAs Guilty in Bogus Donations Racket: ICAI

The ICAI Board of Discipline found 11 Ahmedabad chartered accountants guilty of professional misconduct in a bogus political donations scheme. After hearings, they were reprimanded despite I-T department allegations of tax evasion and fraudulent funding.

KPMG Partner Fined for AI Cheating on Ethics Exam

A KPMG Australia partner was fined A$10,000 for using AI tools to cheat on an internal AI ethics training course. The firm confirmed over two dozen staff have been caught using AI to game exams this year, highlighting a growing industry-wide problem.

Bengaluru EV Buyer Wins Rs 85,000 for Document Issues

A Bengaluru resident received Rs 85,000 compensation after the consumer commission ruled that My EV Store and Shriram Finance failed to provide proper documents for his electric scooter, citing deficiency in service and unfair trade practices.

Silver Futures Drop 2% to Rs 24 Lakh/kg on Global Cues

Silver futures in India declined sharply by nearly 2% to Rs 24 lakh per kilogram, driven by weak global market trends and reduced demand. The drop reflects broader economic uncertainties affecting precious metals.

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