20-year-old Noida man gets Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 in dead mother's Kotak savings account. Here's how much that is
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
In a strange turn of events, a 20-year-old man from Noida , Uttar Pradesh, was stunned to find an astronomical sum—over ₹1 septillion trillion—credited to his Kotak Mahindra Bank savings account.The total amount in question is in 37 digits - Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299.A journalist, Sachin Gupta, tweeted this earlier today. According to the tweet, the 20-year-old Deepak got this amount though he said it is about 1 billion 13 lakh 56 thousand crore rupees."My math is a bit weak. The rest of you can do the multiplication and division. Currently, the Income Tax Department is investigating. The bank account has been frozen," read the tweet.As per a report of News24, the 20-year-old was operating the account which originally belonged to his mother, Gayatri Devi, who passed away two months ago. On the night of August 3, Deepak received a notification showing a credit of ₹1.13 lakh crore (₹1,13,56,000 crore). Confused and alarmed, he shared the message with his friends, asking them to count the zeros.The next morning, Deepak went to the bank to verify the transaction. Bank officials confirmed the mind-boggling balance but informed him that the account had been frozen due to the suspiciously large deposit. The matter was immediately flagged to the Income Tax Department, which has now launched a formal probe.As the news spread rapidly, Deepak was bombarded with calls from relatives, friends, and neighbors. Unable to handle the sudden attention, he switched off his phone.Authorities are now investigating whether the transaction was a technical error, a banking glitch , or a possible case of money laundering. Officials say the true source of the funds will be known only after a thorough investigation.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
5 minutes ago
- Economic Times
Gold prices firm above Rs 1 lakh mark, hover near all-time highs ahead of RBI MPC outcome. What to expect?
Ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) outcome on Wednesday, precious metals were trading firmly. On the MCX, gold October futures were slightly lower by Rs 113 or 0.11% at Rs 1,01,091 per 10 grams, while silver September futures were marginally higher by Rs 115 or 0.10% at Rs 1,12,351 per kg. ADVERTISEMENT On Monday, both gold and silver settled on a positive note in domestic and international markets. The gold October futures contract closed at Rs 1,01,204 per 10 grams, up 1.45%, while the silver September contract ended at Rs 1,12,236 per kg, gaining 1.79%. Gold and silver extended their gains during a highly volatile session, as downbeat U.S. job data increased the likelihood of a Federal Reserve rate cut in its September meeting. The dollar index and U.S. 10-year bond yields continued to decline, further supporting precious metal prices. As of today, the U.S. Dollar Index (DXY) was hovering near the 98.94 mark, down 0.16 or 0.16%.'Gold and silver also gained amid the U.S. President's threat to impose higher trade tariffs on India over Russian oil imports. The rupee slipped to a 5-1/2 month low against the U.S. dollar, supporting gold and silver prices in the domestic market,' said Manoj Kumar Jain of Prithvifinmart Commodity Research.'Gold is trading near its long-term resistance of $3,454 per troy ounce. If prices sustain above this level on a closing basis, further strength could be seen in upcoming sessions,' he added. ADVERTISEMENT Jain expects gold and silver prices to remain volatile this week due to U.S. tariff concerns and fluctuations in the dollar index. How to Trade Gold? Manoj Kumar Jain suggested the following key technical levels for trading on MCX: ADVERTISEMENT - Gold: Support at Rs 1,00,100-99,650 | Resistance at Rs 1,01,555-1,02,200- Silver: Support at Rs 1,11,650-1,11,100 | Resistance at Rs 1,13,000-1,14,200- Strategy: Jain recommends buying silver above Rs 1,12,000 with a stop loss of Rs 1,11,100 for a target of Rs 1,14,000. ADVERTISEMENT Gold price today in Delhi 22 carat: Rs 57,792 per 8 grams24 carat: Rs 61,656 per 8 grams Gold price today in Mumbai 22 carat: Rs 56,672 per 8 grams ADVERTISEMENT 24 carat: Rs 60,424 per 8 grams Gold price today in Chennai 22 carat: Rs 56,912 per 8 grams 24 carat: Rs 60,600 per 8 grams Gold price today in Hyderabad 22 carat: Rs 56,792 per 8 grams 24 carat: Rs 60,552 per 8 grams (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Deccan Herald
8 minutes ago
- Deccan Herald
Godfrey Phillips stock hits 52-week high, rallies 10% after Q1 earnings
The scrip of the company rallied 10 per cent in the mid session each to hit a 52-week high of Rs 9,891.25 and Rs 9,881.50 -- also its upper price band -- on the BSE and NSE, respectively.
&w=3840&q=100)
Business Standard
8 minutes ago
- Business Standard
Tax arrears worth ₹54.53 trillion pending as on June 30: Govt tells RS
Total direct and indirect tax arrears stood at over ₹54.53 trillion as of June 30, Parliament was informed on Tuesday. In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said, "The total amount of tax arrears pending as on June 2025, under indirect taxes is over ₹7.01 trillion and under direct taxes is over ₹47.52 trillion." Cumulatively, direct and indirect tax arrears stood at ₹54.53 trillion as of June 30. Of the total indirect tax arrears, over ₹2.66 trillion pertain to those where pending taxes in individual cases is above ₹10 crore as of June 2025. In case of direct taxes, tax arrears above ₹10 crore as on June 2025 totalled about ₹35.48 trillion. Further, of the Rs 7.01 trillion pending tax arrears under indirect tax, over ₹3.71 trillion is pending due to litigation at various stages. Similarly, for direct taxes out of total ₹47.52 trillion arrears due, an amount of over ₹31.26 trillion is pending due to litigation at various stages.
