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Mint. Mint also saw a copy of the order released on Tuesday.Ashish Brijkishore Singh, a 42-year-old insurance advisor, filed the first information report (FIR) against Gupta and Khandelwal on 16 March after he and two of his aides were duped by a group of six individuals of ₹71.6 lakh.

NEW DELHI: The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to curb high-value bank frauds amid the growing use of mule accounts, according to two people aware of the issue.Officials at the meeting will also help devise strategies to fill critical gaps in investigation and enforcement and zero in on procedural bottlenecks, especially delays in securing prosecution sanction under the Prevention of Corruption Act, one person said on condition of anonymity. This issue has increasingly become a sticking point in fraud cases involving bank officials.“With probes often slowed by approval requirements and coordination challenges between lenders and investigators, the high-level meeting signals a push to streamline processes, tighten accountability and strengthen the system’s response to complex, network-driven financial frauds,” the second person said, asking not to be identified.According to Reserve Bank of India data, fraud cases in banks and financial institutions involving amounts of ₹1 lakh and above tripled to ₹34,771 crore in FY25 from ₹11,261 crore in FY24.

The US government’s trade lawyers are working overtime. So what if the work in question requires more imagination than it does expertise?Over the past fortnight, investigations into 16 countries for supposed manufacturing “excess capacity” have been launched under Section 301 of the 1974 Trade Act. The office of US Trade Representative (USTR) Jamieson Greer also announced that similar probes would begin into forced labour practices in 60 countries.

Mumbai: India’s largest private sector lender HDFC Bank has appointed at least two law firms Wadia Ghandy & Co, and Trilegal to conduct a review of the circumstances leading to former chairman Atanu Chakraborty’s sudden exit last week, said two people aware of the matter.These law firms have been tasked with aiding the bank’s internal legal counsels to sift through pages of minutes of past board meetings to see if Chakraborty had made any serious observations, according to one of the two people cited above. The bank’s board and the management maintained they had no inkling of Chakraborty’s exit and he did not specify what he was referring to as part of his ethical concerns despite being repeatedly asked.Earlier on Tuesday morning, the bank said its board approved the appointment of external law firms to conduct a review of Chakraborty’s resignation letter.

cyberattacks. Instagram’s decision reflects a broader push and pull shaping the future of digital communication. Mint explains.End-to-end encryption ensures that only the sender and recipient of a message can read its contents.

Mumbai: India’s lightly regulated market for pre-IPO shares is back in focus after the Enforcement Directorate (ED) launched a probe into the alleged sale of unlisted National Stock Exchange shares, a case that is renewing calls for tighter oversight of the fast-growing segment.Last week, ED conducted searches at eight locations in Mumbai and Chennai as part of a money laundering investigation linked to the sale of shares of NSE, which is set to hit the public markets soon. The action targeted entities, including Atum Capital Pvt.

The Karnataka government’s action against Bengaluru-based digital gold savings app Jar has become a test case for India’s wider digital gold industry. Acting on inputs from the Reserve Bank of India (RBI) and a public caution from the Securities and Exchange Board of India (Sebi), the state has booked Jar Gold Retail Pvt Ltd and its directors under the Banning of Unregulated Deposit Schemes (BUDS) Act.Because similar products are sold across the market, the case could shape how digital gold platforms are scrutinized in India.

On Monday, WhatsApp told the Supreme Court it would comply with directions requiring it to give users greater control over the data they share with other Meta entities such as Facebook and Instagram, ending a years-long battle with the Competition Commission of India over its controversial privacy policy update in 2021.The update, which required WhatsApp users to consent to having their data shared with Meta for advertising and non-advertising purposes, quickly drew the attention of the competition watchdog, leading to a landmark case that raised questions about dominance, consent and user choice in India’s wider digital economy.Here’s why Meta backed down this week, and what it means for Big Tech accountability in India.In 2021, Meta released a controversial update to its privacy policy for WhatsApp, requiring users to accept new terms – including expanded data collection and mandatory data sharing with Meta companies – if they wished to continue using the platform.This triggered a backlash worldwide, but especially in India, WhatsApp’s largest market. The Competition Commission of India (CCI) soon ordered a probe, saying the policy update may constitute an abuse of WhatsApp’s dominant position in instant messaging.WhatsApp challenged the probe, arguing that privacy matters were already being deliberated by constitutional courts and remained beyond the jurisdiction of competition law.

In the past few days, nearly every alternate day has brought news of bomb-threat emails sent to one or more schools in Delhi. The script is wearyingly familiar. An email lands in multiple school inboxes—often routed through encrypted servers, sometimes crudely drafted with digital trails left behind.

retirement savings with immediate healthcare liquidity.The NPS Swasthya Equity Plus scheme follows a high-growth investment mandate to counter medical inflation.Subscribers can withdraw up to 25% of their own contributions for medical expenses, including OPD, diagnostics and pharmacy purchases. However, the first withdrawal is permitted only after the account accumulates at least ₹50,000.

renewable energy. "So, our companies will have to challenge that in the appellate forum; but until then, this will continue, this 126% which has been imposed," he said.

Subscribe to enjoy similar stories. IDFC First Bank’s investors are shaken, pulling the stock down as much as 20% following reports of a fraud at the fast-growing lender. What began as a disappointing de-empanelment of IDFC and AU Small Finance Bank by the Haryana government—affecting 0.5% of their deposits—quickly evolved into something far more unsettling.

Subscribe to enjoy similar stories. The Trump administration is considering new national security tariffs on a half-dozen industries in the wake of a Supreme Court decision last week that invalidated many of the president’s second-term levies. The new tariffs being considered could cover industries such as large-scale batteries, cast iron and iron fittings, plastic piping, industrial chemicals and power grid and telecom equipment, according to people familiar with the plans.

Subscribe to enjoy similar stories. In the 1990s, the Central Intelligence Agency dug into all it knew about the possibility of extraterrestrial visits, ultimately revealing what it found: Most of the supposed early UFO sightings were highly classified spy planes flying over the U.S.

Subscribe to enjoy similar stories. The Supreme Court’s decision overturning President Trump’s use of emergency powers to impose tariffs on imports isn’t the game-changer for international trade that it might appear to be at first. In Asia, Europe and the Americas, governments don’t expect Trump to abandon his favorite tool of economic policy, despite the legal setback.

Subscribe to enjoy similar stories. President Trump’s new plan for tariffs puts his trade agenda on a collision course with the midterm campaign season. Just hours after his main tariff rationale was invalidated by the Supreme Court on Friday, Trump announced he would implement new levies under two separate legal authorities—one short term, another longer lasting.

Subscribe to enjoy similar stories. Months before Jesse Van Rootselaar became the suspect in the mass shooting that devastated a rural town in British Columbia, Canada, OpenAI considered alerting law enforcement about her interactions with its ChatGPT chatbot, the company said. While using ChatGPT last June, Van Rootselaar described scenarios involving gun violence over the course of several days, according to people familiar with the matter.

Subscribe to enjoy similar stories. KAMPALA, Uganda—Ten million people face hunger in the Democratic Republic of Congo’s east, and it isn’t because there is no food to be had. It is largely because people can’t get what food there is.

Subscribe to enjoy similar stories. Beijing’s recent announcement of an investigation into its top general was a bombshell with a mystery at its heart: What pushed Chinese leader Xi Jinping to purge a friend he had entrusted to overhaul the military? Official newspaper editorials have condemned Gen. Zhang Youxia for allegedly undermining Xi’s authority, abetting corruption and damaging efforts to develop China’s combat effectiveness.

Subscribe to enjoy similar stories. WASHINGTON—Tim and Sheri Lilley watched as a video on a large screen displayed the final seconds of their son’s life. Gray shading marked the contours of a cockpit window.

Subscribe to enjoy similar stories. India’s finance minister has stated in interviews that the Budget Session of Parliament is slated to amend the Insolvency and Bankruptcy Code (IBC) to clearly grant insolvent companies a “clean slate," with their civil and criminal liabilities wiped out, once a new management takes over. However, the key question is whether legislative reform is sufficient, given the tenacity of tax authorities and investigative agencies.