Read more at:https://economictimes.indiatimes.com/news/india/operation-octopus-trapping-the-tentacles-of-indias-cyber-fraud-network/articleshow/131418289.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In early 2025, Ravi (name changed), a 40-year-old from Hyderabad, saw a stock market investment opportunity promising quick returns on his Facebook
Day: May 31, 2026
*****Social media companies to pay $27 million to settle Kentucky school district’s lawsuit, records show–Courtesy FE
A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental-health
*RBI weighs adding ‘frictions’ to digital payments to tackle online fraud
The Reserve Bank of India (RBI) is considering introducing additional “frictions” in digital payment systems to curb authorised push payment fraud, in which customers themselves
RBI unlikely to revive FCNR window
Robust forex buffers give RBI room to avoid special scheme. Updated: May 30, 2026 06:56 IST Even though the rupee has approached a critical depreciation threshold,
