Bank Accounts Blocked

Paytm founder Vijay Shekhar Sharma on Friday morning - amid growing concern over the operational status of the digital payments app - has told users "your favourite app is working (and) will keep working beyond February 29 as usual".

The Reserve Bank of India on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or allowing credit transactions, or top-ups, in customer accounts or prepaid instruments - like FASTags - linked to those accounts, after Feb 29.

A 72-year-old retired railway employee has lost Rs 7.38 lakh to cyber fraudsters who tricked him to share confidential details by claiming that his bank account was blocked for want of KYC update, a Thane district police official said on Wednesday.

Oppo, Vivo India and Xiaomi are under scanner in India as the government is looking into alleged tax evasion cases by the Chinese tech firms. Finance Minister Nirmala Sitharaman announced DRI issued notice to Oppo for duty evasion, while ED is conducting search on Vivo. Xiaomi has been issued three showcase notices so far.  

The ED has blocked 119 bank accounts linked to Vivo's India business which were holding Rs 465 crore, Rs 73 lakh cash and 2 kg gold bars, as part of a probe into alleged money laundering by Vivo.

The Russian subsidiary of Alphabet’s Google has submitted a declaration of bankruptcy, Interfax reported on Friday, citing court filings online.

ED froze Xiaomi’s $478 million (roughly Rs. 3,699 crore) worth of deposits in local bank accounts as part of an investigation into alleged tax evasion, according to sources. The freeze by the income tax department was cited by Xiaomi in a May 4 court filing in southern Karnataka state.

The European Commission is studying whether crypto assets are being used to get round financial sanctions imposed on Russian banks following the country's invasion of Ukraine, a senior European Union official said.

Ukraine blocked the websites of several prominent Russian media outlets in its latest round of sanctions against neighbouring Russia that it has accused of spreading propaganda.

In this article, we are providing the steps you should take to deactivate UPI payments from your linked bank accounts in case you lose your mobile phone.

A slew of cryptocurrency-related accounts in China's Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on Bitcoin trading and mining.

A Mumbai court granted no relief to China's ByteDance in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.

Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge said.

Indian authorities have blocked bank accounts of ByteDance in the country for alleged tax evasion and the company has asked a court to quash the directive which it fears will hit its operations hard, two sources with direct knowledge told Reuters.

State Bank of India or SBI, the country's largest lender, offers the option of opening a recurring deposit (RD) account that allows customers to save a fixed sum every month and earn an interest income on the same. Interest rates offered on recurring deposits (RDs) are the same as that on fixed deposit (FD) accounts, according to SBI's official web...

Paytm founder Vijay Shekhar Sharma on Friday morning - amid growing concern over the operational status of the digital payments app - has told users "your favourite app is working (and) will keep working beyond February 29 as usual".

The Reserve Bank of India on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or allowing credit transactions, or top-ups, in customer accounts or prepaid instruments - like FASTags - linked to those accounts, after Feb 29.

A 72-year-old retired railway employee has lost Rs 7.38 lakh to cyber fraudsters who tricked him to share confidential details by claiming that his bank account was blocked for want of KYC update, a Thane district police official said on Wednesday.

Oppo, Vivo India and Xiaomi are under scanner in India as the government is looking into alleged tax evasion cases by the Chinese tech firms. Finance Minister Nirmala Sitharaman announced DRI issued notice to Oppo for duty evasion, while ED is conducting search on Vivo. Xiaomi has been issued three showcase notices so far.  

The ED has blocked 119 bank accounts linked to Vivo's India business which were holding Rs 465 crore, Rs 73 lakh cash and 2 kg gold bars, as part of a probe into alleged money laundering by Vivo.

The Russian subsidiary of Alphabet’s Google has submitted a declaration of bankruptcy, Interfax reported on Friday, citing court filings online.

ED froze Xiaomi’s $478 million (roughly Rs. 3,699 crore) worth of deposits in local bank accounts as part of an investigation into alleged tax evasion, according to sources. The freeze by the income tax department was cited by Xiaomi in a May 4 court filing in southern Karnataka state.

The European Commission is studying whether crypto assets are being used to get round financial sanctions imposed on Russian banks following the country's invasion of Ukraine, a senior European Union official said.

Ukraine blocked the websites of several prominent Russian media outlets in its latest round of sanctions against neighbouring Russia that it has accused of spreading propaganda.

In this article, we are providing the steps you should take to deactivate UPI payments from your linked bank accounts in case you lose your mobile phone.

A slew of cryptocurrency-related accounts in China's Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on Bitcoin trading and mining.

A Mumbai court granted no relief to China's ByteDance in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.

Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge said.

Indian authorities have blocked bank accounts of ByteDance in the country for alleged tax evasion and the company has asked a court to quash the directive which it fears will hit its operations hard, two sources with direct knowledge told Reuters.

State Bank of India or SBI, the country's largest lender, offers the option of opening a recurring deposit (RD) account that allows customers to save a fixed sum every month and earn an interest income on the same. Interest rates offered on recurring deposits (RDs) are the same as that on fixed deposit (FD) accounts, according to SBI's official web...