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Cricketers, Schoolteachers Invested In Ponzi Scheme: Gujarat CID
Five to six cricketers and several schoolteachers have invested in a fraudulent scheme floated by a Sabarkantha district resident who is currently absconding, a Gujarat CID official said citing a probe into the 'Ponzi scam'.
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Ex-Ship Captain Loses Rs 11 Crore In Cyber Fraud; 1 Arrested
A 75-year-old retired ship captain here has lost a staggering Rs 11.16 crore over four months in a cyber fraud scheme falsely promising lucrative returns on stock market investments, police said.
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Teen "Influencer" Dupes 200 People Of Rs 42 Lakh Through Fake Investment Scheme
A Hyundai Verna, a cash counting machine, mobile phones and laptops were recovered from him.
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Siblings Duped Of Rs 1 Crore In Crypto Scheme By 19 Members Of A Family
Police have registered a case against 19 members of a family in Maharashtra's Thane for allegedly duping a man and his brother of Rs 1.17 crore under the pretext of high returns on investment in a cryptocurrency scheme, an official said.
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India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
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Explained: What Is NPS Vatsalya Pension Scheme For Children
In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.
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Nirmala Sitharaman Launches NPS Vatsalya Scheme For Child Savings
Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Apple Supplier Foxconn in Talks to Assemble iPad at Its Tamil Nadu Plant: Report
Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...
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Odisha Man Cheats More Than 2,000 Investors Of Rs 50 Crore, Arrested: Cops
The Odisha Police on Tuesday arrested a person for allegedly duping people of Rs 50 crore on the pretext of high returns from investment in various schemes of a firm.
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Import Tax Cut In Government's New EV Policy, Tesla's India Plans Boosted
The government has cut taxes - as much as 85 per cent - on the import of a certain number of EVs, or electric vehicles, as part of a new scheme to "attract investments by reputed global manufacturers".
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Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
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Mumbai Woman Among Several Duped Of Rs 2.97 Crore In Investment Fraud
Police have registered a case against nine persons for allegedly cheating a 42-year-old woman from Navi Mumbai and other persons of Rs 2.97 crore after promising them high returns in various investment schemes, an official said on Monday.
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Man Arrested For Duping Rs 73 Lakh In Fake Youtube Scam In Gurugram: Cops
A 28-year-old member of a gang was arrested for allegedly help it defraud several people of Rs 73 lakh through an investment scam using the name of YouTube and Moj app, police said on Friday.
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KCR's Party Promises Cheaper LPG Cylinders, Scheme For Farmers In Manifesto
Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers, and providing LPG cylinders at Rs 400 each are some of the promises made in BRS's poll manifesto.
-
Cricketers, Schoolteachers Invested In Ponzi Scheme: Gujarat CID
Five to six cricketers and several schoolteachers have invested in a fraudulent scheme floated by a Sabarkantha district resident who is currently absconding, a Gujarat CID official said citing a probe into the 'Ponzi scam'.
-
Ex-Ship Captain Loses Rs 11 Crore In Cyber Fraud; 1 Arrested
A 75-year-old retired ship captain here has lost a staggering Rs 11.16 crore over four months in a cyber fraud scheme falsely promising lucrative returns on stock market investments, police said.
-
Teen "Influencer" Dupes 200 People Of Rs 42 Lakh Through Fake Investment Scheme
A Hyundai Verna, a cash counting machine, mobile phones and laptops were recovered from him.
-
Siblings Duped Of Rs 1 Crore In Crypto Scheme By 19 Members Of A Family
Police have registered a case against 19 members of a family in Maharashtra's Thane for allegedly duping a man and his brother of Rs 1.17 crore under the pretext of high returns on investment in a cryptocurrency scheme, an official said.
-
India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
-
Explained: What Is NPS Vatsalya Pension Scheme For Children
In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.
-
Nirmala Sitharaman Launches NPS Vatsalya Scheme For Child Savings
Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Apple Supplier Foxconn in Talks to Assemble iPad at Its Tamil Nadu Plant: Report
Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...
-
Odisha Man Cheats More Than 2,000 Investors Of Rs 50 Crore, Arrested: Cops
The Odisha Police on Tuesday arrested a person for allegedly duping people of Rs 50 crore on the pretext of high returns from investment in various schemes of a firm.
-
Import Tax Cut In Government's New EV Policy, Tesla's India Plans Boosted
The government has cut taxes - as much as 85 per cent - on the import of a certain number of EVs, or electric vehicles, as part of a new scheme to "attract investments by reputed global manufacturers".
-
Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
-
Mumbai Woman Among Several Duped Of Rs 2.97 Crore In Investment Fraud
Police have registered a case against nine persons for allegedly cheating a 42-year-old woman from Navi Mumbai and other persons of Rs 2.97 crore after promising them high returns in various investment schemes, an official said on Monday.
-
Man Arrested For Duping Rs 73 Lakh In Fake Youtube Scam In Gurugram: Cops
A 28-year-old member of a gang was arrested for allegedly help it defraud several people of Rs 73 lakh through an investment scam using the name of YouTube and Moj app, police said on Friday.
-
KCR's Party Promises Cheaper LPG Cylinders, Scheme For Farmers In Manifesto
Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers, and providing LPG cylinders at Rs 400 each are some of the promises made in BRS's poll manifesto.
