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India's first private train runs offers Rs 25 lakh insurance cover to passengers; not Vande Bharat, Rajdhani Express, Shatabdi, Amrit Bharat, name is…, it runs between…

India's first private train runs offers Rs 25 lakh insurance cover to passengers; not Vande Bharat, Rajdhani Express, Shatabdi, Amrit Bharat, name is…, it runs between…

India.coma day ago

Tejas Express is India's first private train. (File)
India's first private train: The Tejas Express, which was inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath in November last year, is India's first privately-operated train, that runs on the Lucknow-Delhi route. 'This is the country's first corporate-run train, and I congratulate the passengers embarking on this journey. Such initiatives should extend to other cities, promoting eco-friendly public transport,' Adityanath had said at the train's launch back in November 2024.
The chief minister thanked Prime Minister Narendra Modi and then Railway Minister Piyush Goyal for their support, and described he launch of Tejas Express as a milestone in India's rail history. Rs 25 lakh insurance cover, delay compensation for passengers
The Tejas Express, which is touted as the premium upgrade to the Shatabdi Express, has several unique firsts to its name. The train offers a Rs 25 lakh insurance cover for every traveler, and a compensation to passengers for delays, a first in Indian rail history. The compensation is calculated on an hourly basis. Tejas Express ticket price
The fares for the Tejas Express are competitive, but subject to dynamic pricing. AC chair car seats cost Rs 1,280, while Rs 2,450 is charged for Executive Class chair seats. Comparatively, the Swarn Shatabdi charges Rs 970 for chair car, and Rs 1,935 for AC 1A, subject to similar dynamic pricing mechanisms. Tejas Express speed
The Tejas Express is slightly faster than the Swarn Shatabdi, taking 6 hours and 15 minutes to arrive at its destination, while the latter takes 6 hours and 40 minutes to complete the journey, making the corporate-run train the quickest option for train travelers on the busy Lucknow-Delhi route. Tejas Express schedule
The Tejas Express departs Lucknow at 6:10 AM and arrives in Delhi at 12:25 PM. The train begins its return journey from Delhi on the same day at 3:35 PM and arrives in Lucknow at 10:05 PM.
There are only two halts for the Tejas Express on the Lucknow-Delhi. The train stops briefly at Kanpur, and in Ghaziabad, before resuming its journey.
Chief Minister Adityanath said the schedule of Tejas Express was designed to offer a solution to travelers who wish to reach Delhi by afternoon and return to Lucknow the same night, in order to tackle high cost of air travel and lack of this type of train connectivity.
The Tejas Express operates six days a week, with Tuesday being the only non-operational day.

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Study of money mules in Karnataka cybercrimes calls for regulation of cryptocurrency to check galloping crime rate
Study of money mules in Karnataka cybercrimes calls for regulation of cryptocurrency to check galloping crime rate

Indian Express

time31 minutes ago

  • Indian Express

Study of money mules in Karnataka cybercrimes calls for regulation of cryptocurrency to check galloping crime rate

The lack of regulation of the cryptocurrency market in India has been identified as being among the key factors in controlling money laundering linked to cyber crimes in the country by a 'Study on the Use of Money Mules in Cyber Crimes' conducted by the Centre for Cybercrime Investigation Training and Research of CID police in Karnataka. The combination of an unregulated cryptocurrency market and acceptance of cryptocurrency deposits by gaming platforms and casinos has made recovery of funds stolen in cybercrimes highly challenging, the study, which was unveiled at a conference of senior police officers in Bengaluru on Friday, has reported. Quoting data from the National Cyber Crime Reporting Portal (NCRP) for the year 2024, the study states that ₹2,915 crore was lost in 6.11 lakh cyber crimes in Karnataka – ₹1860 crore from private banks (3.02 lakh cases) and ₹948 crore from public banks (2.55 lakh cases). The losses caused by cyber crimes in Karnataka are reported to have increased fourfold in 2024 from ₹660 crore reported in 2023. The study has looked at the subject of money mules who knowingly or unknowingly facilitate the usage of bank accounts to facilitate the laundering and layering of money stolen from lakhs of innocent victims through scams like investment frauds, digital arrests etc, leading to the eventual transfer of the stolen funds to the operators of cybercrime networks through modes like cryptos or direct withdrawals. 'The unregulated cryptocurrency market is exacerbating the issue of money muling. Recent cases have revealed that laundered money is either converted into cryptocurrency using a money mule or transacted through P2P transactions with genuine crypto traders,' says the report authored by cybercrime police experts and the Data Security Council of India. The laundering of cybercrime proceeds through cryptos 'is further complicated by certain gaming platforms, such as casinos, that allow cryptocurrency deposits. Many cryptocurrency exchanges either do not require KYC or are based in foreign countries with lenient regulatory frameworks, both of which pose challenges for investigators,' says the study. The study has identified the tracking of the conversion of money stolen in cybercrime as 'a significant challenge for law enforcement agencies'. Apart from cash withdrawals at overseas ATMs using Indian debit cards in locations such as Dubai, Hong Kong, and Bangkok, as well as ATMs in remote areas across India, cryptocurrency conversions are seen as a key challenge. 'In many instances, illicit funds are converted into cryptocurrency through peer-to-peer (P2P) transfers on unregistered platforms and exchanges) changes). According to the CFCFRMS (Citizen Financial Cyber Fraud Reporting and Management System) platform, crypto valued at approximately ₹ 5.52 crores was transferred from March to May 2024 via the Bitget multi-exchange platform,' states the Karnataka study. 'In this process, criminals use mule accounts to funnel funds into international payment aggregators and global wallets such as Pypl from which the money is subsequently transferred to Binance,' states the report. The study has identified regulation of the cryptocurrency market as a key step in regulating the exploding rate of cyber crimes in states like Karnataka. 'There is a pressing need to regulate the cryptocurrency market in India. This regulation should not only require cryptocurrency exchanges to follow specific norms for collecting and verifying user details but also include penal provisions for money laundering and other illegal activities,' says the study on money mules in cyber crimes. In addition 'gaming and other platforms that receive direct cryptocurrency payments need to be regulated, requiring registration and mandatory KYC verification for customers. The government may consider banning non-compliant platforms and prohibiting Indian residents from transacting on cryptocurrency platforms not registered with the Government of India,' says the report. The study has also called for better monitoring of accounts by the banking sector to identify the creation and usage of mule accounts which tend to be dormant accounts or new accounts opened with fictitious details of identity and location. 'Cybercriminals are exploiting the online account opening facilities offered by numerous banks to open mule accounts using fake and nonlocal addresses. For instance, an individual located in Rajasthan may open an online account while providing a Bengaluru address. In one of the cases investigated at CID Bengaluru, up to 125 mule accounts have been opened in a private bank through online channels, where only basic KYC is required, and no physical verification is conducted by the banks,' states the study. Banks not flagging suspicious transactions While the RBI has mandated the generation of 'Suspicious Transaction Reports' to the centralised Financial Intelligence Unit India (FIU-IND) with warnings against non-compliance as part of efforts to regulate cyber crimes, banks tend to default on STRs, says the report. 'Investigations have revealed that banks sometimes fail to flag transactions as suspicious when large volumes occur. This failure is often attributed to negligence on the part of the banks, and in some rare cases, insiders in the bank colluding,' says the cybercrime report. Banks also tend to allow individuals to easily change the registered phone numbers on their bank accounts, and 'genuine accounts are sold to fraudsters who then link their phone numbers, enabling control over internet banking' even if the new mobile number does not match the one registered with Aadhaar. 'Despite the RBI mandates for strict due diligence on mobile number changes, this is not uniformly enforced across banks,' says the study. The study has pointed out that the RBI has also developed an in-house Artificial Intelligence/Machine Learning based solution called 'to detect suspected mule accounts'. 'Another factor aiding the proliferation of mule accounts is the ease with which fraudsters acquire mobile SIM cards. Cybercriminals procure SIMs using forged Aadhaar cards and other identities,' the study has reported. In terms of legal provisions the absence of punitive measures against money mules in the existing laws in the country has been a hindrance to regulating cybercrimes, says the report. 'As neither the Bharatiya Nyaya Sanhita (BNS), 2023 nor the Information Technology Act, 2000 contains sections solely and expressly dealing with money mules, individuals knowingly operating these accounts do not face criminal penalties in cybercrime cases specifically for being a money mule,' the report has stated. 'The entire gamut of cyber crime offences are occurring in the white economy of the country. The mechanisms introduced for financial inclusion like bank accounts and net banking are being misused for cyber crime. The cyber crimes involve the theft of white money through regular banking channels and not unknown networks,' a Karnataka cybercrime officer said.

Kolhapuri Chappals: Prada accepts Indian craftsmanship, open for meaningful exchange with artisans
Kolhapuri Chappals: Prada accepts Indian craftsmanship, open for meaningful exchange with artisans

Hans India

time33 minutes ago

  • Hans India

Kolhapuri Chappals: Prada accepts Indian craftsmanship, open for meaningful exchange with artisans

New Delhi: After facing severe backlash, Italian fashion house Prada has officially admitted that the Kolhapuri Chappals, featured in the recent Prada Men's 2026 Fashion Show, is inspired by India's handcrafted footwear traditions. In a letter to Lalit Gandhi, president of Maharashtra Chamber of Commerce, Industry, and Agriculture, Prada noted that it is 'open for meaningful exchange with artisans'. 'We acknowledge that the sandals featured in the recent Prada Men's 2026 Fashion Show are inspired by traditional Indian handcrafted footwear, with a centuries-old heritage. We deeply recognise the cultural significance of such Indian craftsmanship,' said Lorenzo Bertelli, Prada Group Head of Corporate Social Responsibility, in a letter to Gandhi. The luxury fashion house came under fire after showcasing the sandals during its Spring/Summer 2026 menswear show in Milan, priced at more than Rs 1 lakh as against the Rs 300-Rs 1500 sold in Kolhapur's markets. After images of the collection surfaced online, social media users and Indian officials criticised the label for failing to credit the heritage behind the designs. They accused Prada of cultural appropriation and disregard for the traditional artisans who have crafted these leather sandals for generations. Gandhi had in a letter to Prada shared concerns that 'the collection includes footwear designs that bear a close resemblance to Kolhapuri Chappals (Footwear) a traditional handcrafted leather sandal that has been awarded Geographical Indication (GI) status by the Government of India in 2019'. Besides representing the 'centuries-old regional identity of Maharashtra', the Kolhapuri Chappals also support the livelihoods of thousands of artisans and families in the Kolhapur region and surrounding districts, Gandhi wrote. Gandhi called out Prada for commercialising the centuries-old footwear designs 'without due acknowledgment, credit, or collaboration with the artisan communities', and urged them to 'consider supporting ethical fashion practices that respect traditional knowledge and cultural rights'. In his response, Bertelli wrote, 'Please note that, for now, the entire collection is currently at an early stage of design. Development and none of the pieces are confirmed to be produced or commercialised. 'We are committed to responsible design practices, fostering cultural engagement, and opening a dialogue for a meaningful exchange with local Indian artisan communities as we have done in the past in other collections to ensure the rightful recognition of their craft,' he said.

Assam CM Himanta says 'socialism, secularism' can be removed from Constitution
Assam CM Himanta says 'socialism, secularism' can be removed from Constitution

The Hindu

time39 minutes ago

  • The Hindu

Assam CM Himanta says 'socialism, secularism' can be removed from Constitution

Assam Chief Minister Himanta Biswa Sarma claimed on Saturday (June 28, 2025) that 'socialism' and 'secularism' are Western concepts, and these words should be struck off of the Constitution. He said these words were included in the Preamble of the Constitution by then-Prime Minister Indira Gandhi and these have no place in Indian civilisation. "How can I be secular? I am a hardcore Hindu. A Muslim person is a hardcore Muslim person. How can he be secular?" Mr. Sarma said. He was speaking after launching in Assam a book titled 'The Emergency Diaries: Years That Forged a Leader' which is based on first person anecdotes from associates who worked with Narendra Modi, then a young RSS pracharak, and used other archival material. The book chronicles the 1975-77 Emergency era and Prime Minister Narendra Modi's role in the 'resistance movement'. Mr. Sarma maintained that the Indian concept of secularism is not about being neutral, but it is about being 'positively aligned'. The word 'secularism' was inserted by people who view it from the western angle, and it needs to be struck off from the Preamble, Sarma added. The CM also claimed that the Western concept of socialism was also imposed by Gandhi. Indian economic principle was based on 'trustee-ship' and helping the marginalised. "The BJP didn't have to even demolish this concept of socialism. PV Narasimha Rao and Manmohan Singh did it for the Congress," he added. He was referring to Prime Minister PV Narasimha Rao and Finance Minister Manmohan Singh who were credited with bringing economic liberalisation in India in the early 1990s. Mr. Sarma said that the time is ripe to discuss the 'damages' caused by the Emergency to the nation. "We must not forget the Emergency as we cannot repeat the Emergency," he added. The Emergency declared on June 25, 1975, by then Prime Minister Indira Gandhi lasted until March 21, 1977. It was marked by widespread press censorship, arrests without trial and the stifling of dissent in academia, politics and civil society.

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