Karnataka Plans Record ₹93,000 Crore Borrowing Amid Rising Revenue Deficit

January 16, 2026

Karnataka Plans Record ₹93,000 Crore Borrowing Amid Rising Revenue Deficit

Karnataka faces a ₹19,262 crore revenue deficit in 2025-26 and plans record borrowing of ₹93,000 crore in final quarter. CM Siddaramaiah’s government braces for budget challenges amid GST impact and rising debt.

South Delhi Woman Duped of ₹6.9 Crore in 9-Day Digital Arrest Scam

January 16, 2026

South Delhi Woman Duped of ₹6.9 Crore in 9-Day Digital Arrest Scam

A 69-year-old South Delhi businesswoman lost ₹6.9 crore after fraudsters kept her under digital surveillance and threats for nine days. They posed as police, forcing her to transfer money through RTGS. The scam surfaced after they cut contact, with police now investigating.

CBI Raids Multiple Kolkata Locations in Bank Fraud Probe

January 15, 2026

CBI Raids Multiple Kolkata Locations in Bank Fraud Probe

On January 15, 2026, CBI officers raided several Kolkata sites, including a businessman’s home in New Alipore and New Town, to investigate a bank fraud case. Five teams worked together to collect evidence and trace money flow. Central forces secured the operation to ensure smooth searches.

India's FIU Tightens Crypto Rules with New KYC and AML Guidelines

January 15, 2026

India's FIU Tightens Crypto Rules with New KYC and AML Guidelines

India's Financial Intelligence Unit updates crypto guidelines. Exchanges must verify users with KYC, selfies, geo-location, and bank checks. Anonymous tokens and mixers banned.

China Records $1.189 Trillion Trade Surplus in 2025 Despite US Tariffs

January 14, 2026

China Records $1.189 Trillion Trade Surplus in 2025 Despite US Tariffs

China's exports surged in 2025, hitting a record $1.189 trillion trade surplus. Firms shifted focus to new markets to bypass US tariffs under the Trump administration. Imports and exports both beat expectations, while car and EV exports soared. Beijing calls for balanced trade amid continued tariff tensions.