Community & General News


68 Year Old CA Falls Victim to Rs 1.5 Crore 'Digital Arrest' Scam Amid Cyber Awareness Drive

 10 November 2025 at 06:33

A 68-year-old Chartered Accountant in Odisha lost Rs 1.5 crore to cyber fraudsters posing as ED and CBI officers, keeping him under a 10-day "digital arrest."

Posted in Community & General |   1950 Views


CAT Cuttack Imposes Rs 20,000 Cost on CBIC Officer for Non-Compliance in Suspension Case

 05 November 2025 at 06:30

CAT, Cuttack, has imposed a Rs 20,000 cost on a CBIC officer for non-compliance in the suspension case of Deepak Niranjan Nath Pandit, directing submission of a full compliance report or personal appearance on December 11, 2025.

Posted in Community & General |   1050 Views


UPI Transactions Hit Record Rs 27.28 Trillion in October 2025

 04 November 2025 at 06:33

UPI transactions hit a record 20.7 billion worth Rs 27.28 trillion in October 2025, driven by festive spending and GST 2.0 relief measures.

Posted in Community & General |   222 Views


Finance Ministry Flags Downside Risks to Growth Amid Global Slowdown

 31 October 2025 at 06:39

The Finance Ministry's September 2025 Economic Review warns that global uncertainties may dampen external demand, even as GST cuts, structural reforms, and strong domestic demand continue to support India’s growth momentum.

Posted in Community & General |   117 Views


Finance Ministry Notifies Banking Companies (Nomination) Rules, 2025

 28 October 2025 at 09:21

Government notifies Banking Companies (Nomination) Rules, 2025, effective Nov 1 enabling e-nomination for deposits, lockers, and safe custody items.

Posted in Community & General |   498 Views


Banking Laws (Amendment) Act, 2025: New Nomination Rules for Depositors Effective 1st Nov 2025

 24 October 2025 at 06:15

Key nomination provisions under the Banking Laws (Amendment) Act, 2025 to take effect from Nov 1, allowing up to 4 nominees and ensuring transparent claim settlements.

Posted in Community & General |   1449 Views


UPI Festive Boom: Digital Payments Hit Record Rs 23.5 Lakh Crore in October 2025

 24 October 2025 at 06:15

UPI recorded its highest-ever single-day transaction value this Diwali, hitting Rs 1.02 lakh crore across 754 million transactions. NPCI data shows India’s festive season driving record digital payments, credit card growth, and fintech innovation.

Posted in Community & General |   1023 Views


FM Urges Rural Banks to Boost Credit Disbursement for Agriculture and Allied Sectors

 18 October 2025 at 07:15

Union Finance Minister Nirmala Sitharaman urges rural banks, including Karnataka Grameena Bank, to boost credit for agriculture, allied sectors and MSMEs, focusing on financial inclusion and rural economic growth

Posted in Community & General |   135 Views


CBI Recovers Assets Worth Crores from NHIDCL Executive Director in Assam Bribery Case

 18 October 2025 at 07:15

CBI recovers cash, luxury vehicles, properties, and documents from NHIDCL Executive Director in Assam bribery case; accused remanded to 3 days police custody.

Posted in Community & General |   1485 Views


Centre Notifies PMLA Rule Changes Allowing Intermediaries to Upload KYC Data via KRAs

 17 October 2025 at 09:34

Ministry of Finance notifies new PMLA rules allowing SEBI-registered intermediaries to upload and update KYC data via KRAs or directly on the CKYC Registry, streamlining compliance and data sharing.

Posted in Community & General |   528 Views



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