January 23, 2026

Falcon Invoice Discounting Scam Defrauds 7,000 Investors of ₹850 Crore in Telangana

Falcon, a popular invoice discounting platform, duped over 7,000 investors in Telangana, taking ₹850 crore by faking corporate-backed investments. Payments stopped suddenly in January 2025. Investigations reveal forged invoices and false promises of high returns in this large Ponzi fraud.

January 23, 2026

Government invites airlines to claim IndiGo's vacated domestic flight slots after winter schedule cut

After massive December flight disruptions, IndiGo's winter schedule was cut by 10%. The government now calls for other airlines to request the freed domestic slots, with conditions. IndiGo also reports a sharp 78% profit drop amid rising expenses.

January 22, 2026

Karnataka Microfinance Lending Recovers as Delinquency Rate Drops to 5.6%

Karnataka's microfinance loans, worth ₹58,000 crore, show signs of recovery with 98%-99% repayment. Delinquency fell from 8.59% to 5.6%, says AKMI. RBI's stricter lending rules help stabilize the sector.

January 22, 2026

Kerala HC Hears Plea on Withheld Dearness Allowance Arrears for University Staff

University employees in Kerala approach High Court over unpaid Dearness Allowance arrears, calling government's claim of discretion unlawful and unfair amid rising inflation.

January 22, 2026

NRIs Cannot Pay Property Deposits for Friends Buying UAE Homes, Warn Legal Experts

NRIs in the UAE cannot legally pay property deposits for friends in India buying homes in the UAE. Such payments violate Indian foreign exchange rules under FEMA and may invite serious penalties from the Enforcement Directorate.