scorecardresearch
Wednesday, August 13, 2025
TopicEconomic Crimes

Topic: Economic Crimes

‘57% of all frauds’ in India happen online, ‘26% of Indian organisations lost over $1 million’ to such scams

Report by Pricewaterhouse Coopers focuses on 'platform fraud', which happens via an online platform, and is the biggest source of fraud suffered by Indian companies.

40% of Indian firms lost $50k-$100k to fraud, economic crime during peak Covid, says PwC report

Silver lining is that there’s decline in fraud due to prevention measures taken up by managements, finds survey. As many as 112 Indian companies were part of global survey.

SBI ex-chief on Vijay Mallya: Loan was taken. He can pay. So why should it take so long?

Arundhati Bhattacharya had said that SBI went after Vijay Mallya as he had given a personal guarantee for Kingfisher’s loans.

The playboy with a penchant for diamonds & paintings: The rise & fall of Nirav Modi

Nirav Modi's Gitanjali Gems saw its market value rise from Rs 9.9 billion to a Rs 58 billion in seven years. Now its market value stands at just Rs 1.46 billion.

On Camera

US bullying spurred Green Revolution. Let tariffs give us a Business Revolution

Perhaps the present crisis and trauma can force our country into something resembling that special moment we found in the sixties. Perhaps we can radically alter our business environment.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.