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Sensex tanks 400 points to touch a low of 33,581; metals, banks drag equities lower amid sell-offs

Index heavyweights like Tata Steel, State Bank of India, Bharti Airtel, Sun Pharma and Adani Ports were the top five laggards on BSE

Your Mumbai-Pune travel will take just 20 minutes if hyperloop mode of transport is put in place; read how

The first hyperloop route in India will link central Pune with the megapolis as well as the Navi Mumbai international airport

Sensex slips 131 points below 34,000 mark as Rs 11,400-cr Punjab National Bank fraud hits investors' sentiments

BSE Sensex had lost 286.71 points in previous trade on Friday; Nifty50 index also fell 47.40 points, or 0.45 percent, at 10,404.90

All you need to know about LoUs, SWIFT code and why bank unions smell bigger fish behind PNB scam

PNB had said the alleged fraud was carried out by two staffers by not entering the transactions in the bank's core banking solution

PNB Rs 11,000-cr fraud: Govt suspends Nirav Modi's passport for four weeks; ED raids Modi's Kala Ghoda boutique

Nirav Modi and Mehul Choksi allegedly connived with a few employees at Punjab National Bank's Mumbai branch to get issued fake Letters of Undertakings

GST Network crash: Will e-way bills system bring back border check posts and Inspector Raj in new form?

GST Council finalised e-way bills rules in August, but a planned rollout in October was deferred after GSTN portal had crashed last year.

PNB Rs 11,000-cr fraud: PMO was alerted in 2016 about ‘impending scam’ related to Gitanjali Gems, Mehul Choksi

The result of inaction has emerged as a biggest fraud in India’s is banking history and all the accused in Punjab National Bank fraud have fled country.

Punjab National Bank scam updates: BJP slams Congress, says Nirav Modi 'fraud' began under UPA rule

Nirav Modi wrote to bankers informing them he was looking for suitors or possible buyers for his company Firestar Diamond and will use proceeds to repay dues

Nirav Modi left India on 1 January, say agencies; Punjab National Bank detected the fraud on 3 January, says CEO Sunil Mehta

The PNB chief also said that his bank will never back any wrongdoing and it was PNB that has exposed the scam

PNB Rs 11,000-crore fraud: Bank took 7 years to detect Nirav Modi scam; is another Vijay Mallya in the making?

The nature of the Punjab National Bank fraud is such that there may not be a big direct fund exposure to the alleged fraudster.

Punjab National Bank Rs 11,000-cr fraud: Why banks urgently need to adopt blockchain technology to avoid such scams

Blockchain technology is now finding acceptance right across the financial world as well as in the world of record keeping.

PNB Rs 11,000-crore fraud: Recurring scams can erode investor’s faith in banks; incident calls for stronger checks

Banking analysts and banking industry officials do not have any further details about the specifics of this particular fraud involving Punjab National Bank.

Nirav Modi: The billionaire jewellery designer was allegedly involved in the other Rs 280-crore fraud at PNB

CBI had conducted searches at as many as 21 places connected to Nirav Modi that included his residence, his brother Nishal, wife Ami and Mehul Chinubhai Choksi.

Govt lauds RBI's stricter rules to tackle bad loans, says it is a wake up call for loan defaulters

Revised framework has specified norms for 'early identification' of stressed assets, timelines for implementation of resolution plans