Bank’s gold appraiser held for misappropriating over Rs 5cr by disbursing 105 loans | Bhubaneswar News

Bhubaneswar: Acting on a tip-off, the economic offences wing (EOW) of the state crime branch on Wednesday arrested a gold appraiser of a leading public sector bank for allegedly misappropriating Rs 5.21 crore by fraudulently sanctioning and disbursing 105 loans without proper documentation and using fake ornaments as collateral.“Accused Prashanta Kumar Mallick, who served as…

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‘Inflation coming’: Rahul slams Centre over weak rupee; predicts when govt will hike fuel price

NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG prices…

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CRED pivots to wealth on Kuvera, betting on `truth telling’

MUMBAI: CRED, once a high-trust credit-card payments app aimed at spenders and monetised through cross-sold loans, insurance and payment flows, is now turning to savers, using Kuvera—acquired in 2024—to enter wealth management.The upgrade of Kuvera targets affluent investors with large portfolios, with an emphasis on long-term compounding. The platform seeks to improve discipline, decision-making, asset…

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