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North Korean government-backed hackers are becoming more sophisticated, more precise and now account for more than 76% or nearly $600 million in crypto losses this year alone. The $285 Drift Protocol exploit, for example, involved what TRMLabs describes as a long and “unprecedented in-person social engineering” attack. It included months of in-person meetings between North…
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NEW DELHI: Public sector banks recruited 50,552 employees in the last financial year, 33% higher than 37,860 hired in the previous financial year, as they expanded their operations.In a statement, the finance ministry said that offer letters were sent to over 50,000 candidates in 2025-26 after the recruitment exercise conducted through the Institute of Banking…
MUMBAI: Bombay high court on Thursday quashed and set aside a show cause notice issued in 2022 to Tata Sons for a demand of Rs 1,524 crore as Integrated Goods and Service Tax (IGST).Justices Girish Kulkarni and Aarti Sathe on Thursday also agreed with Tata Sons that following the final settlement in 2017, Docomo’s withdrawal…
NEW DELHI: The EC has introduced a QR code-based verification system to regulate access of persons to counting halls on May 4, the day of poll results. The system will be extended to all future elections to Lok Sabha and state/UT assemblies.As part of counting arrangements on May 4, a three-tier security mechanism has been…
BENGALURU: Amazon’s quick commerce push in India is gaining early traction, with orders on its Amazon Now service growing about 25% month on month, chief executive Andy Jassy said during an analyst call, as the company ramps up investments in one of its fastest-growing markets. “We continue to expand our ultrafast delivery service, Amazon Now,…
MUMBAI: Federal Bank said it agreed to acquire a select credit card portfolio of around 4.5 lakh cards from Standard Chartered Bank, India, comprising customers with standalone card relationships. The transaction will strengthen Federal Bank’s retail strategy with a sharper push in the non-co-branded segment. and provide access to a seasoned, high-quality customer base. The…
NEW DELHI: India’s foreign direct investment (FDI) inflows may have crossed the $90 billion mark for the first time in 2025-26, secretary at department of promotion of industry and internal trade (DPIIT) Amardeep Singh Bhatia told reporters Thursday, while seeking to highlight that greater outreach to investors has borne fruit, with free trade agreements (FTAs)…
