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A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB to shutter most operations at fraud-hit Mumbai branch, say sources

India's second-largest state lender seeks to tighten controls and restore its reputation.

3 July 2018 5:48 PM IST

The election to Rajarajeshwaringar was put off to May 28 by the Election Commission following the involvement of Congress MLA and candidate Munirathna in the infamous Electoral Photo Identity Card (EPIC) scam. (Representational image)

Election Commission's new app to enable citizens report poll...

The unique Internet-based beta version of the application is called 'cVIGIL', which stands for "citizens vigil".

3 July 2018 5:47 PM IST

The Facebook bug was active between May 29 and June 5.

Woman learns daughter is dead from Facebook post

The youngster was staying with her dad Robert MacPhail and grandparents Calum MacPhail and Angela on the island.

3 July 2018 5:41 PM IST

According to the Clayton County Fire and Emergency Services, one adult female was killed after being shot multiple times. (Photo: ANI | Representational)

Rajasthan man held for killing 17-yr-old son who tried to rape his...

Police ruled out that incident was a human sacrifice and said boy used to allegedly molest his cousin and recently also...

3 July 2018 5:37 PM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

Telecom Commission to discuss new policy on July 11

It aims to attract USD 100 billion or about Rs 6.5 lakh crore investments in the digital communications sector by 2022.

3 July 2018 5:35 PM IST

The rape victims family has handed over the audio clip of the MLA to the local police and the SSP Upendra Agarwal has ordered a probe into the allegations.

UP man tries to rape 10-yr-old in forested area, fails; girl raises...

The girl's father has alleged that she was picked up by the man when she had gone to drink water.

3 July 2018 5:29 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

3 July 2018 5:27 PM IST

India and China flags (Photo: PTI/File)

Chinese military delegation to arrive at Bengal for talks with Indian...

High-level PLA delegation's visit is in consonance with vision of PM Modi and Chinese President Xi Jinping during Wuhan...

3 July 2018 5:22 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

IHH Healthcare submits fresh bid for Fortis

The company had earlier scrapped its decision to opt for the offer by the Munjal-Burman combine to invest Rs 1,800 crore...

3 July 2018 5:19 PM IST

If the defining criterion of rape is lack of consent , then yes, there is a real possibility that sex workers may face this kind of violence in their work space

15-year-old girl raped by 3 friends of elder brother in MP's Jabalpur

Since the three accused were victim's elder brother's friends, girl did not suspect anything and allowed them inside her...

3 July 2018 5:17 PM IST

The 64-year-old media mogul has graced the cover of British Vogue. (Photo: AP)

Oprah not to run for president in 2020, cannot face 'nastiness' in...

Media mogul has graced cover of British Vogue, and has opened up about whether she would ever consider making a run for...

3 July 2018 5:14 PM IST

Addressing a conference on doubling farm income by 2022, Modi said pulses production in the country has risen to 23 mn tonnes from 17 mn tonnes in just one year. (Photo: ANI | Twitter)

Oppn with no agenda, hatred for Modi' sole binding glue, says PM

PM Modi said Congress is now like regional party and cannot become cementing force or anchor for any alliance of oppn...

3 July 2018 5:08 PM IST