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Banks lost 1078 crore due to frauds in 2007: Chidambaram

Indian Finance Minister P Chidambaram  New Delhi, Mar 4 : Union Finance Minister P Chidambaram today said that banks in India lost about Rs 1,078 crore due to frauds, including credit card frauds, in 2007.

"While the total number of frauds as reported by banks is increasing, there is a reduction in the total amount involved over the last three years," Chidambaram told the Rajya Sabha.

In reply to a question raised by Shobhana Bhartia and Prof Alka Balram Kshatriya on rising economic offences in banks, he said the number of bank frauds have gone up from 12,374 in 2005 to 22,280 in 2007.

President, PM congratulate Team India

President, PM congratulate Team IndiaNew Delhi, Mar 4 : President P

Integrated action plan for trafficked victims’ rehabilitation on anvil: Renuka Chowdhury

New Delhi, Mar 4 : Renuka ChowdhuryUnion Minister for Women and Child Development Renuka Chowdhury on Tuesday said that an action plan for rehabilitation and reintegration of trafficked victims into mainstream is on anvil.

Trafficking of women is the biggest of obscenities and "we need to raise our voices against it," Chowdhary said while presiding over a workshop organised by her ministry and United Nations Office on Drug and Crime.

She also emphasised on the need for increased awareness, greater resources and improved co-ordination to contain trafficking.

Speaker Chatterjee’s “Chak De” salute for Indian team

Speaker Chatterjee’s “Chak De” salute for Indian team

SC lifts ban on screening of Jodhaa Akbar till March 14

New Delhi, Mar 04:SC lifts ban on screening of Jodhaa Akbar till March 14

Indian shares bear losses for second consecutive day

Indian shares bear losses for second consecutive dayNew Delhi

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