Cyberfraud on rise: Fraudsters shift focus towards small business accounts; exploit PANs and fake Udhyam certificates

Financial fraudsters are increasingly shifting their operations toward small business and current accounts, using them to move large amounts of illegal funds, executives at fraud-detection startups said.In the past, scammers generally hijacked retail and Jan Dhan accounts and converted them into mule accounts. However, now they are turning to business accounts for the same purpose….

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Cyclone Ditwah: PM Modi holds call with Sri Lanka President Dissanayake; condoles loss of lives | India News

PM Modi with Sri Lanka President Dissanayake (File photo) NEW DELHI: Prime Minister Narendra Modi spoke with Sri Lankan President Anura Kumara Dissanayake on Monday, expressing condolences over the loss of lives and widespread destruction caused by Cyclone Ditwah.PM Modi conveyed India’s solidarity with Sri Lanka during the crisis and assured continued assistance as part…

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Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact

As Canada turns to stablecoin regulation, Scotiabank argued that the move is unlikely to shake domestic markets. Any framework is really about upgrading payment speed, efficiency and 24/7 settlement, rather than managing systemic risk, economist Derek Holt wrote in last week’s report. In November, the government committed itself to legislation that will regulate stablecoins backed…

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Goldman Sachs acquires ETF firm Innovator Capital Management for $2 billion

David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the…

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‘Moment of pride’: India’s poll process gets global recognition; comes amid oppn’s SIR attack | India News

Chief election commissioner Gyanesh Kumar (Image credits: ANI) NEW DELHI: Chief election commissioner Gyanesh Kumar on Monday informed that India has been invited to chair the International Institute for Democracy and Electoral Assistance (International IDEA) for the first time, gaining recognition for its electoral process.Commenting on this achievement, he said, “The world recognises the successful…

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NGT extends deadline for environment ministry reply on plea against Puri airport | Bhubaneswar News

The National Green Tribunal has given the environment ministry a deadline of February 6, 2026, to address a petition opposing the Shree Jagannath International Airport project. Opponents assert that the construction poses a threat to the delicate coastal ecosystem. Cuttack:National Green Tribunal (NGT) has granted the ministry of environment, forests and climate change time till…

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IPO buzz: Rs 40,000 crore set to be raised by firms from upcoming listings; led by ICICI Prudential AMC, Meesho

India’s initial public offering (IPO) segment remains active, with roughly two dozen firms, including ICICI Prudential AMC, Meesho, and Juniper Green Energy, preparing to launch their public issues over the next two months. Collectively, these offerings could raise close to Rs 40,000 crore, according to merchant bankers.The upcoming slate also features prominent companies such as…

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