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25-year-old falls prey to fraudsters: Rs 7.64 crore laundered using his account

25-year-old falls prey to fraudsters: Rs 7.64 crore laundered using his account

A case has been registered on Friday under various sections of Bharatiya Nyaya Sanhita, 2023. A police officer said that the fraudsters introduced themselves to the complainant as legal business operators who required current accounts in banks

23 May,2025 06:40 PM IST | Mumbai | mid-day online correspondent
Punjab Police bust major drug racket; 12 kg of heroin, Rs 25 lakh seized

Punjab Police bust major drug racket; 12 kg of heroin, Rs 25 lakh seized

Earlier on Wednesday, the cops busted an international drug trafficking cartel. One accused was arrested with 5 kg of heroin during the investigation. The police reiterated its commitments of eradicating drug syndicates, disrupting supply chains, and ensuring a drug-free Punjab

22 May,2025 05:06 PM IST | Ferozepur, Punjab | mid-day online correspondent
Indian-origin couple found guilty of defrauding New Zealand govt

Indian-origin couple found guilty of defrauding New Zealand govt

According to news portal the press.co.nz, the government agency Oranga Tamariki made 103 payments to Amandeep's company, Divine Connection, between July 2021 and October 2022, corresponding to 326 invoices. The total amount paid was just under USD 2.15 million

20 May,2025 11:05 PM IST | Melbourne | mid-day online correspondent
'Thappad se nahin sa’ab, loan se darr lagta hai'

'Thappad se nahin sa’ab, loan se darr lagta hai'

How women’s fear of money, shaped by gender roles, impacts their financial decisions and limits their economic power

01 December,2024 10:25 AM IST | Mumbai | Akshita Maheshwari
The troubled waters of RBI's P2P directions

Mid-Day Premium The troubled waters of RBI's P2P directions

The Reserve Bank of India (RBI) regulates over 20 registered P2P platforms, ensuring transparency and investor protection. Despite challenges like a non-performing asset (NPA) rate of around 2-3 per cent, the sector remains a crucial tool for financial inclusion

09 October,2024 02:30 PM IST | Mumbai | Ritwik Mehta
TN Minister Senthil Balaji arrives at ED's office

TN Minister Senthil Balaji arrives at ED's office

The charges against him go back to his tenure as the transport minister AIADMK government from 2011 to 2015.

04 October,2024 04:09 PM IST | Chennai | mid-day online correspondent
Rupee falls 6 paise to 83.54 against US Dollar in early trade

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | Mumbai | mid-day online correspondent
SEBI bans former TV anchor, imposes Rs 1 cr penalty for fraudulent trading

SEBI bans former TV anchor, imposes Rs 1 cr penalty for fraudulent trading

SEBI has levied a Rs 1 crore penalty each on two persons. In addition, six other entities were fined Rs 10 lakh each.

12 June,2024 05:36 PM IST | Mumbai | mid-day online correspondent
Mumbai: Markets rebound sharply after major drop due to value-buying

Mumbai: Markets rebound sharply after major drop due to value-buying

The 30-share BSE Sensex rose 1,772.04 points to 73,851.09 during afternoon trading. Similarly, the NSE Nifty gained 560.5 points to 22,445

05 June,2024 02:02 PM IST | Mumbai | mid-day online correspondent
Vijay Mallya, Nirav Modi fled the country as probe agencies failed to arrest

Vijay Mallya, Nirav Modi fled the country as probe agencies failed to arrest

According to a special court, businessmen engaged in multi-million dollar frauds like Nirav Modi, Mehul Choksi, and Vijay Mallya were able to flee the country because investigation agencies failed to arrest them at a proper time.

03 June,2024 04:36 PM IST | Mumbai | mid-day online correspondent

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