Government Raises Windfall Tax on Petrol and Diesel Exports, Cuts ATF Levy The Indian government has increased the windfall tax on petrol and diesel exports while making a marginal reduction in the levy imposed on aviation turbine fuel (ATF). The revised rates came into effe...
Israel’s Rising War Costs Deepen Finance-Defence Spending Dispute Israel’s prolonged military engagements are creating growing pressure on the country’s finances, with the Ministries of Finance and Defence increasingly divided over the scale and management of milita...
African Development Bank, AXIAN Launch Digital Finance Programme for 34,000 Women-led Businesses The African Development Bank and AXIAN Group have launched a new digital finance programme aimed at supporting more than 34,000 women-led businesses across Africa. The initiative is designed to improv...
China Dissents as Bessent Says 19 Finance Ministers Agree to Address "Cheap Exports" U.S. Treasury Secretary Scott Bessent said Tuesday that 19 of the G20's 20 members agreed to address the flow of "cheap exports" driving global economic imbalances, with China notably dissenting. Spea...
AI-Powered Cyberattacks Raise New Risks for Energy Infrastructure Energy companies are facing a new wave of cyber risk as hackers increasingly turn to artificial intelligence tools to target critical energy systems, security experts warn. As power generation, transm...
The Sality Malware Network That Survived for Years Has Finally Been Taken Down The US Department of Justice has announced a multinational operation to disrupt the Sality botnet, a malware network that has infected computers since 2003 and has been linked to cybercrime activities...
Your Password May Be Safe, But Hackers Could Still Take Control of Your Account, FBI Warns The FBI has issued a public service announcement warning internet users about a growing phishing technique called OAuth consent phishing, a method cybercriminals are increasingly using to gain access ...
A Single Digital Trap Costs Trader ₹3 Crore in Whale Phishing Scam A sugar trader lost around ₹3 crore after cybercriminals allegedly hacked his account-linked phone and carried out what's known as a whale phishing attack, gaining access to sensitive information and ...
CBI Court Convicts Trading Firm, Six Others in ₹2.68 Crore Bank Fraud Case Nearly 18 years after the CBI first began investigating a complaint filed by United Bank of India, a special CBI court in Chennai has finally convicted Jailani Steel Traders and six individuals in a ₹...
DRI Seizes Over 42 Kg Foreign-Origin Gold Worth ₹65 Crore in Nationwide Smuggling Crackdown The Directorate of Revenue Intelligence (DRI) has seized more than 42 kg of foreign-origin gold and around 10 kg of silver, worth over ₹65 crore combined, in a coordinated nationwide crackdown on susp...
C-TRACE WhatsApp Bot Claims Access to NPCI FASTag Travel History: Is India's Vehicle Data Being Exposed? An image circulating on social media, obtained by researchers at the Centre for Police Technology (CPT), has raised serious questions about whether vehicle-owner information, FASTag balances, transact...
Land Dealer Loses ₹1.33 Crore in Crypto Investment Scam, Threatened With Underworld Links A 42-year-old land dealer from Bhosari, Pune, allegedly lost around ₹1.33 crore after cyber fraudsters lured him into investing in cryptocurrency with promises of unusually high returns. Trust Built T...
