“We have witnessed an attempt to defraud a bank by abusing the SWIFT messaging system which thankfully could be salvaged post event without any apparent monetary loss.”
GN Bureau | February 20, 2018
A top Reserve Bank of India official had waved the red flag, a year back, regarding the SWIFT messaging system. SWIFT was used in a fraud amounting to Rs 11,000 crore at a Punjab National Bank branch that benefited billionaire diamond jeweler Nirav Modi.
Mumbai is building a coastal road to cut through traffic snarls and make life easier for commuters. The ambitious project, part of the city’s Development Plan (DP) 2035, is the second major initiative after the Bandra-Worli sea link, and should become a reality in 2023. Here are the key facts
The party that came into existence on the intangible timeworn issue of corruption, transparency and increasing public investment through public savings is going on winning elections in Delhi with huge margins, consistently rowing the boat between doldrums and high tides. Somewhere between the doldr
Mumbai, the second largest city in the country, is not very inclusive when it comes to the easy access to the disabled, but it is learning and is in the process of making the life of Divyangs easier. Also, it aims to rehabilitate all slums in five years. Stakeholders came together to discuss
Bolstered by Tuesday’s stupendous victory once again in Delhi assembly elections, the Arvind Kejriwal-led Aam Aadmi Party (AAP) has decided to contest all local elections in Maharashtra. “Aam Aadmi Party Maharashtra has decided to fight all forthcoming local elections including M
Preparation is in full swing for US president Donald Trump’s India visit on February 24-25. This will be his maiden India visit as president. As per the ministry of external affairs press release: “During the visit, President Trump and the First Lady [Melania Trump] will attend official engagem