Two brothers from Saharanpur were killed in Chandigarh when a speeding Mahindra Thar, driven by an 18-year-old, rammed their motorcycle. The victims were en route to meet a relative when the accident occurred near Kalagram. The SUV driver was apprehended shortly after the incident.
HC gets another bomb threat, 2nd email in Feb
UT forms new panel to decide future of rehab colony houses
Spike in stabbings: 7 murders, 14 assaults in Chandigarh in 2 months
Two bank ex-staffers among 4 held in IDFC fraud case
PGI deploys over 100 security guards at yet-to-start Advanced Neurosciences Centre
SIT probing 328 missing saroops case reconstituted, Ropar DIG Nanak Singh new chairman
Suspect in cops killing shot dead in encounter, another held
MC re-tenders leachate treatment plant project at Dadumajra dumping site
Panchkula set to get aspirational toilets under Swachh mission 2.0
Dr Sandeep Bansal takes charge as IASSA head to combat obstructive sleep apnoea in India
Haryana's vigilance and anti-corruption bureau has arrested four individuals in a Rs 590 crore fraud case involving IDFC First Bank and state government accounts. The accused, including two former IDFC First Bank employees and a couple, have been remanded to seven-day ACB custody.
Police in Gurdaspur shot dead a suspect, Ranjit Singh, and arrested another, Dilawar Singh, in connection with the murder of two policemen. A third accused, Inderjit Singh, believed to be an ISI-linked recruiter, remains at large. The incident is suspected to have cross-border links, with the slain suspect allegedly recruited by handlers in Pakistan to spread terror.
Tell officers to appear in person: Delhi assembly panel to Punjab
Landmark gift to farmers: CM Mann inaugurates first phase of Ferozepur Feeder reconstruction
Cops face tough questions during seminar on drugs
Told us theyd question him, send him back: Mother of teen killed in encounter
Departmental inquiry against 3 cops for appearing in a social media video
Centre appoints Rajya Sabha MP Satnam Sandhu as member of India-Egypt Friendship Group
CHANDIGARH, Feb 25: Rajya Sabha MP Satnam Singh Sandhu has been appointed as a member of the India-Egypt Parliamentary Friendship Group formed by the Union government to boost the bilateral and parliamentary ties between the two countries. Sandhus nomination to the group was conveyed through an official communication issued by the Lok Sabha Secretariat, a statement said on Wednesday. The parliamentary group has been constituted with Egypt for the period of the 18th Lok Sabha. Expressing gratitude to the Union [] The post Centre appoints Rajya Sabha MP Satnam Sandhu as member of India-Egypt Friendship Group appeared first on Daily Excelsior .
Pkl: Crackdown on traffic violations
MC steps up encroachment drive in Manimajra
Mohali traffic cops inspect school buses to ensure child safety
City Cong takes out candle march, seeks release of IYC prez
Ex-BM, 3 more nabbed in Rs 590 cr bank case
CHANDIGARH, Feb 25: Haryanas State Vigilance and Anti-Corruption Bureau has arrested four people, including the masterminds behind the Rs 590-crore IDFC First Bank fraud, officials said on Wednesday. Follow the Daily Excelsior channel on WhatsApp Of the four arrested, two are ex-IDFC First Bank employees and two are private persons who own a partnership firm, they said. The arrests were made on Tuesday evening as part of the ongoing investigation of the IDFC First Bank fraud case, they said. Speaking [] The post Ex-BM, 3 more nabbed in Rs 590 cr bank case appeared first on Daily Excelsior .
Alternate airport link road work extended till March
Rakhra condemns police action on Dharam Yudh Morcha
CM orders uninterrupted social security pensions for eligible beneficiaries
Jharkhand crash: Co-pilot cremated in Amritsar
A jurisdictional dispute erupted after Shimla Police filed an FIR against Delhi Police personnel for allegedly abducting three Youth Congress members. The Delhi team was detained, released by a court, and then detained again, escalating tensions between the two state police forces.
Accused acquitted after police claims collapsed in court
From EWS housing deeds to Faridabad flyover plan: Haryana announces key devp projects
1 held, cross-border smuggling module busted; arms, heroin recovered
CM defends govt on HPSC, HSSC recruitment debate
Haryana govt official jumps to death from 6th floor of civil sectt in Chd
Peace due to its sacrifices: Mann hails Punjab Police
Wall demolition case: Khaira points out suspension of BDPO in another scandal
Congress slams BJP over revenue deficit grant, urges clear stand
Efforts underway to manage, dispose waste at Bandhwari landfill
College student appointed as one-day SHO to promote women empowerment
Green activist approaches NGT, challenges clearance to Bulk Drug Park
Congress walks out after Saini denies detentions
Robbery at Hisar shop: Youth sentenced to 10-year jail, co-accused declared PO
Father among 3 booked for solemnising minors marriage in Fatehabad
Cong delegations meets Punjab governor, seek legal action over Khaira property demolition
IDFC First Bank Affirms Trust with INR 583 Crore Government Payment
IDFC FIRST Bank refers to its recent disclosures regarding an incident at one of its branches in Chandigarh involving certain accounts of departments of the Government of Haryana. Preliminary findings indicate that certain employees of the branch acted fraudulently in clearing forged instruments and payment instructions, potentially in collusion with external parties. The matter is currently under investigation by the relevant authorities. Despite the investigation being ongoing, the Bank has immediately honored 100% of the principal and interest claimed by the relevant departments of the Government of Haryana, amounting to INR 583 crore. Final amount may change depending on any further claims or reconciliation. The concerned departments of the Government of Haryana have thanked and appreciated the Banks principled approach, prompt action and professional conduct in addressing the matter. IDFC FIRST Bank, with the full support of the Haryana Government and the law enforcement agencies is determined to fight the perpetrators of fraud and bring them to justice. IDFC FIRST Bank is financially strong and well-capitalised. As of December 31, 2025, the Bank is rated AAA by CRISIL for Fixed Deposits and holds AA+ long-term ratings from CRISIL, ICRA, India Ratings and CARE. Its total customer business (loans and deposits) stands at INR 5,62,090 crore, up 22.6% year-on-year. Asset quality is healthy, with GNPA at 1.69% and Net NPA at 0.53%. The Banks capital adequacy ratio is 16.22%, and its CASA ratio is 51.6%. The Banks unit economics are strong. Its Net Interest Margin is healthy at 5.76% in Q3FY26. The Bank is in an investment phase and investing in building products, technology, distribution, branches, ATM, Rural Banking, Corporate Banking, Cash Management, Trade, NRI, Credit Cards and other universal banking solutions to be a large, diversified Bank of the future. Over the next few years, we expect the operating leverage from these investments to reflect in the earnings and stronger profits from FY27 onwards. The Bank is built on a modern technology architecture and advanced digital infrastructure, which supports superior customer experience. Its mobile banking platform has been ranked No. 2 globally by Forrester, an internationally recognized research firm, and receives high customer ratings of 4.9 on Google and 4.8 on iOS. About the Bank Vision : To build a world-class Bank in India, founded with principles of Ethical, Digital, and Social Good Banking. Scale : IDFC FIRST Bank is one of Indias fast-growing private banks, building its UI, UX, and tech stack like a fintech. As of December 31, 2025, the Bank serves 35 million customers, with a customer business of Rs. 5,62,090 crore ($63.0b) comprising customer deposits of INR 2,82,662 crores ($31.7b) and loans & advances of INR 2,79,428 crores ($31.3b). Customer deposits grew 24.3% YoY and loans 20.9% YoY. We reach over 60,000 cities, towns, and villages, operate through 1,066 branches. Scope : We are a universal Bank offering complete range of services, including Retail, MSME, Rural, Startups, Corporate Banking, Cash Management, Credit Cards, Wealth Management, Deposits, Government Banking, Working Capital, Trade Finance, and Treasury solutions. Ethical Banking : We are committed to doing right even when customers are not watching. We have simplified descriptions, calculations, and legal jargon to avoid confusing customers. Digital Banking : The Bank's modern technology stack delivers high-quality services across all channels like mobile, branch, internet banking, call centers and relationship managers. Built on cloud-native, API-led, microservices architecture, supported with data, analytics, AI, and fine aesthetics, we strive to deliver fintech-grade experiences on banking platform. Social Good : We work for society. We have impacted over 40 million lives including 3.6 million women entrepreneurs. We have financed over 7.5 million lifestyle improvement loans (for laptops, washing machines, refrigerators etc. that enhance the quality of life of middle class), 2.5 lakh electric 2W and 3W vehicles, 7 lakh water, sanitation, and hygiene loans, 2 million livelihood (cattle) loans, and 300,000+ SMEs. On deposits, we provide access of premium investment research, which is usually reserved for the wealthy, even to those holding balances as low as INR 5,000. Our ESG scores are high and improving. Customer Friendly Banking : We make banking easy by having a customer first approach. We have waived fees on 36 essential savings account services which are commonly charged in the market, the first and only bank in India to do so. We create pull products that customers actively seek out. Governance : We adhere to regulatory guidelines in letter and spirit and actively work with regulators to make things better. We take pride in maintaining highest levels of corporate governance. Shareholders : We are building a well-diversified universal banking portfolio designed to deliver consistent ROE of 16%+. Employees : IDFC FIRST Bank is designed to be a happy place to work, with cutting-edge roles, meaningful growth opportunities, and a culture of meritocracy. Compensation is healthy, efforts are recognized, and employees experience the pride and excitement of creating a world-class Bank in India.
Special secretary dies after jumping from secretariat building
Seven Malls and High Streets Illustrating India's Shift Toward Experience-led Retail
Indias malls are evolving beyond traditional shopping centres into destinations where people spend time dining, socialising and seeking entertainment. Developers are allocating larger portions of space to restaurants, cafs and leisure zones as consumer behaviour shifts toward experience-driven visits rather than quick retail trips. Malls and high streets illustrating Indias shift toward experience-led retail Industry data underscores the change. Retail leasing across Indias major cities reached about 8.9 million sq ft in 2025, among the highest levels recorded in recent years. Fashion brands accounted for nearly 48% of leasing demand, while food and beverage outlets represented about 13% and entertainment roughly 8%, highlighting the growing importance of experiential retail formats. Across north India, several developments illustrate how malls are adapting to these changing expectations. Ambience Mall, Gurugram Location: NH-48, Ambience Island, DLF Phase 3, Gurugram Highlight: One of the largest shopping malls in the Delhi-NCR region Ambience Mall in Gurugram is a large-scale retail and entertainment destination located along the DelhiGurugram border. The mall houses a wide mix of international and domestic brands along with restaurants, cafs and multiplex entertainment, attracting visitors from both cities. Did you know? Opened in 2007, Ambience Mall Gurugram spans roughly 1.8 million sq ft of built-up area and includes over 200 retail outlets, making it one of the largest operational malls in north India. Ambience Mall, Vasant Kunj Location: Nelson Mandela Road, New Delhi Highlight: One of the largest and most established malls in Delhi Ambience Mall in Vasant Kunj remains one of the capitals best-known organised retail destinations. The mall hosts a wide mix of domestic and international brands along with multiplex entertainment and extensive dining options, attracting visitors from across south Delhi and neighbouring Gurgaon. Did you know? Ambience Mall Vasant Kunj has long been counted among the largest operational malls in Delhi, with hundreds of retail outlets spread across multiple floors. Vegas Mall, Dwarka Location: Sector 14, Dwarka, New Delhi Highlight: Retail, Multiplex and indoor entertainment hub Vegas Mall serves one of west Delhis largest residential catchments. The mall combines fashion retail with restaurants, gaming zones and a PVR multiplex, creating a destination that blends shopping with entertainment. Did you know? Dwarka has a population of over one million residents, making it one of Delhis largest planned sub-cities and a strong catchment for organised retail. Reach 3Roads, Gurgaon Location: Southern Peripheral Road (SPR), Gurugram Highlight: Open-air high street retail concept Reach 3Roads adopts a high street layout rather than the conventional enclosed mall format. Designed around landscaped courtyards and pedestrian-friendly walkways, the development integrates restaurants, cafs, retail, and leisure in an open-air setting that encourages longer dwell time and community engagement. Reflecting Indias shift toward experience-led retail, the project prioritises accessibility, outdoor interaction, and lifestyle-driven consumption over traditional transactional formats. Did you know? The Southern Peripheral Road (SPR) corridor has rapidly evolved into one of Gurugrams fastest-growing residential micro-markets, with a significant concentration of new housing developments strengthening the projects captive catchment. CP67, Mohali Location: Sector 67, Airport Road, Mohali Highlight: Mixed-use lifestyle complex in the Chandigarh tricity region CP67 integrates high-street retail, office spaces, restaurants and entertainment facilities within a single complex, reflecting the growing trend of mixed-use developments in tier-two urban markets. Did you know? Mohalis Airport Road corridor has emerged as one of the fastest-growing commercial districts in the Chandigarh tricity region, attracting new office and retail projects. Felix Plaza, Gurgaon Location: Sector 82A, Gurgaon Highlight: Retail and entertainment destination serving emerging residential sectors Felix Plaza is a commercial retail development in Sector 82A, Gurgaon, bringing together retail outlets, dining spaces and entertainment facilities within a single complex. Did you know? The project is planned to include more than 150 retail outlets along with a multiplex, food court, fine dining restaurants and entertainment zones, reflecting the growing demand for organised retail and leisure destinations in Gurgaon. SPJ Vedatam, Gurgaon Location: Sector 14, Old Gurgaon Highlight: Organised retail hub entering a traditional market neighbourhood catering to 11 sectors SPJ Vedatam aims to introduce modern and organised retail infrastructure to an area historically dominated by neighbourhood markets and small shops. Did you know? Old Gurgaon remains one of the citys most densely populated residential districts, making it an attractive location for organised retail development. The changing face of malls Across India, malls are increasingly designed as places that combine retail with dining, entertainment and social interaction. Developers are experimenting with open-air layouts, curated food districts and mixed-use commercial hubs as they respond to changing consumer preferences. Together, these developments highlight how Indias mall landscape is gradually shifting toward experience-led retail formats, where visitors come not just to shop but to spend time.
Punjab Police Shoots Dead 1, Nabs Another, Of 3 Roped In By ISI To Kill Gurdaspur Cops
Chandigarh, Feb 25: Police arrested one and killed in an encounter another of the three people allegedly involved in the murder of two policemen in Gurdaspur, an officer said on Wednesday. The three carried out the killings at the behest of their Pakistan-based handlers backed by spy agency ISI, the officer said. The third accused is still at large, and a hunt for him is on, the officer said. The Punjab Police identified the three as Ranjit Singh (19), Inderjit [] The post Punjab Police Shoots Dead 1, Nabs Another, Of 3 Roped In By ISI To Kill Gurdaspur Cops appeared first on Daily Excelsior .
Gurdaspur Cop Killings: Punjab Police Nabs 1, Shoots At Another
CHANDIGARH, Feb 25: Police have arrested one person in connection with the killings of two policemen in Gurdaspur near the Indo-Pak border, an officer said on Wednesday. Besides the arrest, one man was shot at and wounded in an encounter with the police in Gurdaspur in the morning, the officer said. Gurdaspur Senior Superintendent of Police Aditya identified the one arrested as Dilawar Singh, a resident of Gurdaspurs Alinangal village. Ranjit Singh sustained a bullet injury in the encounter near [] The post Gurdaspur Cop Killings: Punjab Police Nabs 1, Shoots At Another appeared first on Daily Excelsior .
Haryana's State Vigilance and Anti-Corruption Bureau has arrested four individuals, including two former IDFC First Bank employees and two private partners, in connection with a Rs 590-crore fraud. The arrests were made Tuesday evening as part of an ongoing investigation into the scam affecting Haryana government accounts. The Chief Minister has vowed to hold all involved accountable.
Exercise Kharga Shakti 2026 concludes successfully
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Two arrested in Rs 1.3 crore IPO investment fraud
Haryana govt to identify 100 ongoing projects for close monitoring
IDFC FIRST Bank repays 583 crore to Haryana govt after fraud at Chandigarh branch
The matter is currently under investigation by the relevant authorities
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Interstate infant trafficking: 6 more accused held
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Life till death for man in 9-year-old grandniece rape case
Man killed during wedding brawl, 3 accused held
Pocso convict sentenced to 5 years RI, fined Rs 55K
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Atal Park blueprint ready; 22cr project to begin soon
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Two labourers dead, 4 injured as lintel collapses at construction site
Bank guard shoots self by accident in Sector 17, injured
CHANDIGARH, Feb 24: Punjab Police on Tuesday claimed to have busted a module, backed by proscribed outfit Babbar Khalsa International (BKI), with the arrest of two persons involved in firing incidents linked to extortion. Director General of Police (DGP) Gaurav Yadav said two persons have been arrested, and a pistol along with magazines and eight cartridges was seized from them. Follow the Daily Excelsior channel on WhatsApp The accused have been identified as Sukhwinder Singh alias Sunny and Rawal, from [] The post BKI module busted, 2 arrested appeared first on Daily Excelsior .
Rs 556 crore recovered from IDFC, deposited in a/cs: CM to House
Two operatives of Babbar Khalsa-backed extortion module arrested
Daily wager found dead with rodent bite marks in Bathinda
Property dealers body recovered from Rohtak canal; 2 held for revenge killing
Punjab with new engine moving on path of progress: Mann
UPSC moves to appoint regular Punjab DGP, seeks panel within 10 days
Punjab notifies reward policy for arrest of wanted criminals
Drug De-addiction Employees Union announces statewide stir on March 5
Cheema targets Saini, says drug traffickers shifting base to Haryana
SMOs to monitor screening and strengthening of health schemes
