IDFC First reports Rs 590cr fraud in Haryana govt a/c; bank suspends 4 employees pending probe

MUMBAI: IDFC First Bank has reported a Rs 590-crore discrepancy in deposits held on behalf of Haryana govt at its Chandigarh branch, and suspended four employees pending investigation.The bank’s filing comes after the state directed its departments to close accounts with private lenders on Feb 18. The matter was escalated to the bank’s board at…

Read More

Draft income tax rules 2026: New PAN Card quoting requirements for property transactions – check details

By retaining mandatory PAN quoting for high-value deals, the government builds a more robust audit trail. (AI image) Draft income tax rules 2026: The Income Tax Department recently released the draft income tax rules in line with the New Income Tax Act. There are several changes in the draft rules pertaining to the requirement of…

Read More

EU seeks clarity after US court blocks Trump tariffs, warns commitments must be honoured

The European Union has sought “full clarity” from the United States and urged Washington to honour agreed trade commitments after the US Supreme Court struck down some of President Donald Trump’s sweeping tariffs, raising fresh uncertainty over trans-Atlantic trade ties, AP reported.The European Commission said the evolving situation risks undermining the framework for “fair, balanced,…

Read More

T20 World Cup: India’s winning streak ends in humiliation; lose by 76 runs to South Africa | Cricket News

Suryakumar Yadav takes a breather after getting hit by a delivery from South Africa’s Lungi Ngidi during the T20 World Cup cricket match between India and South Africa in Ahmedabad, India, Sunday, Feb 22, 2026. (AP Photo) TimesofIndia.com in Ahmedabad: The first game of India’s Super Eight campaign provided a rude reality check as they…

Read More

Gold, silver rate outlook: Will Trump tariffs and Middle East tensions drive next leg of rally?

Rising geopolitical tensions in the Middle East and renewed global trade uncertainty following US President Donald Trump’s tariff decisions are expected to keep gold and silver prices on an upward trajectory next week, analysts said.Investors have increasingly moved towards safe-haven assets amid volatility triggered by fresh tariff measures and escalating global risks, with market participants…

Read More