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KCR likely to float national party Bharat Rashtra Samithi

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After failing to make any progress on his idea of a national front, Telangana Chief Minister K. Chandrasekhar Rao appears to have made up his mind to float a national party.

A final decision in this regard is expected to be taken on June 19 at the extended meeting of Telangana Rashtra Samithi (TRS) executive.

The TRS chief, who had a marathon discussion with state ministers and senior party leaders on Friday, is understood to have agreed to the proposal of floating Bharat Rashtra Samithi (BRS).

The process to register the new party with the Election Commission of India is likely to start soon. KCR, as the TRS supremo is popularly known, is looking to make a formal announcement of a new party in New Delhi by June-end.

TRS leadership is reportedly keen to have the TRS symbol of ‘car’ for the BRS as well. The TRS office coming up in the national capital will serve as the headquarters of the proposed national party, party sources said.

KCR, who has already announced his intention to play a key role in national politics, discussed the current political situation with his close aides for more than six hours. He is said to have accepted the proposal by a party MLA to name the proposed party as BRS.

After his meetings with Delhi Chief Minister Arvid Kejriwal, Samajwadi Party chief Akhilesh Yadav and former Prime Minister and Janata Dal(S) leader Deve Gowda last month, KCR had said that there would be a sensation soon in the country.

Political observers say KCR apparently decided to float a national party after failing to make progress in bringing anti-BJP and anti-Congress forces on a common platform to provide a national alternative.

Though he held a series of meetings with leaders of various political parties including Shiv Sena, DMK, RJD, SP and JD (S) during last few months, no consensus could be reached on forging a front as an alternative to both the BJP and Congress.

It is also significant to note that the much-awaited meeting between KCR and West Bengal Chief Minister and Trinamool Congress Chief Mamata Banerjee did not take place and despite the attempts made in the past KCR could not have Odisha Chief Minister Naveen Patnaik and Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on board as both the BJD and YSRCP continue to extend support to Narendra Modi government on key Bills.

Another indication that KCR has given up his plans to forge a front came during TRS plenary in April.

At the day-long plenary of TRS held to mark 21st foundation day of the party, he had hinted at floating a national party.

As he did not speak at the plenary about his meetings with leaders of various political parties and chief ministers of some states, this gave credence to the buzz that the TRS chief was toying with the idea of forming a national party.

KCR told the plenary that some legislators suggested that TRS should be changed into BRS. The leaders who spoke at the plenary appealed to KCR to play an active role in the national politics saying the country needs a visionary leader like him.

In one of the resolutions passed at the plenary, TRS said that it will play a key role in national politics in the coming days. The party observed it needs to play a constructive role and fill the political void at national level.

Responding to the requests made by the party leaders, KCR said he was ready to play an active role to the best of his ability. The plenary saw delegates repeatedly raising slogans of ‘Desh ka neta KCR’.

The TRS chief repeatedly remarked that the country should come out of the routine political system of fronts. “Four parties or four leaders coming together to remove somebody from the post of the Prime Minister and install another person in his place is not the solution,” he had said.

He pointed out that the country has seen many fronts in the past that did not yield desired results. He also narrated an incident in which some Communist leaders came to him and expressed the desire to bring together various parties and he told them that if this was aimed at only removing somebody from power he would not be part of it.

“We have seen many fronts. We need a front which works for the people. We need an alternative agenda, a new integrated agricultural policy, a new economic policy and new industrial policy,” he said.

Through the proposed national party, KCR is likely to present before the nation the successful model of Telangana. Highlighting the tremendous progress made by the state in a short span of eight year, the TRS leader is likely to push for a nation-wide debate on why the country with its immense natural and human resources can’t replicate the success of Telangana.

“We can dream and we can also make those dreams come true. Telangana has shown this,” said KCR, who believes that the people’s aspirations remained unfulfilled even after 75 years of independence.

KCR had earlier called for developing ‘Bangaru Bharat’ (golden Bharat), saying the country has the potential to become more prosperous than the US.

Business

India Lost ₹22,842 Crore To Cybercriminals & Fraudsters In 2024: DataLEADS

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India lost Rs 22,842 crore to cybercriminals and fraudsters in 2024, DataLEADS, a Delhi-based media and tech company, said in its report on widespread digital financial frauds in the country. The amount stolen by digital criminals and fraudsters last year was nearly three times more than the Rs 7,465 crore in 2023 and almost 10 times more than the Rs 2,306 in 2022, DataLEADS said in ‘Contours of Cybercrime: Persistent and Emerging Risk of Online Financial Frauds and Deepfakes in India.

Prediction For Cyber-Crime Frauds

The Indian Cybercrime Coordination Centre, I4C, a federal agency that liaises between state and central law enforcement, predicts Indians will lose over Rs 1.2 lakh crore this year. The number of cybercrime complaints has spiked similarly; nearly twenty lakh were reported in 2024, up from around 15.6 lakh the year before and ten times more than were logged in 2019.

The surge in the number of cybercrime complaints and the volume of money lost points to one inescapable conclusion – India’s digital crooks are getting smarter and more efficient, and, in a country with a staggering nearly 290 lakh unemployed people, their ranks are increasing.

Bank-related frauds have increased dramatically; the Reserve Bank of India reported a nearly eightfold jump in the first half of FY 2025/26 compared to the same period last year. And the amount of money lost was staggering – Rs 2,623 crore to Rs 21,367 crore. Private sector banks accounted for nearly 60 per cent of all such incidents. But it was customers in public sector banks who were worst-hit; they lost Rs 25,667 crore in all.

Why have these numbers jumped so much over the past three years?

Because of the increased use of digital payment modes – i.e., smartphone-enabled services like Paytm and PhonePe – and the sharing and processing of financial details online – via (what many believe are encrypted and fail-safe) messaging platforms like WhatsApp and Telegram.

Federal data says there were over 190 lakh UPI, or unified payment interface, transactions in June 2025 alone, and these were worth a combined Rs 24.03 lakh crore. Digital payments’ value has grown from roughly Rs 162 crore in 2013 to Rs 18,120.82 crore in January 2025, and India accounts for nearly half of all such payments worldwide.

COVID-19

Much of this increase can be attributed to the pandemic and the subsequent lockdowns.

During COVID-19, the government pushed for a switch to UPI apps like Paytm to ensure social distancing and minimise contact with currency notes, via which the virus could be transmitted.

Digital Payment Tools In Rural Areas

The government also reasoned that digital payment tools would ensure greater penetration of financial services, particularly in rural areas. By 2019, India already had 440 million smartphone users and data rates were among the cheapest in the world – 1 GB cost Rs 200, or less than $3.

Insurance sector scams were also common. These included life, health, vehicle, and general, and are becoming an increasingly lucrative option for cybercriminals, particularly as insurance companies urge customers to opt for app-based services.

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National News

‘Election System In India Already Dead’: Congress MP Rahul Gandhi Reiterates ‘Rigged’ 2024 Lok Sabha Polls, Claims He Has Proof

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New Delhi: Congress leader and Leader of Opposition (LoP) Lok Sabha Rahul Gandhi on Saturday asserted that the election system in India was “already dead,” and alleged that the 2024 Lok Sabha elections were “rigged” and that he has proof to substantiate the claim.

Addressing the annual legal conclave titled ‘Constitutional Challenges – Perspectives & Pathways’, Gandhi said that he suspected over 80 Lok Sabha seats were rigged in the 2024 general elections.

“The truth is that the election system in India is already dead. The Prime Minister of India holds office with a very slim majority. If 15 seats were rigged, we suspect that the number is over 70 to 80, he would not have been the Prime Minister of India. We are going to prove to you in the coming few days how a Lok Sabha election can be rigged and was rigged,” Gandhi said while addressing the gathering in the national capital.

Highlighting the six-month investigation carried out by Congress, he further alleged that the Election Commission of India (ECI) doesn’t exist and has disappeared. According to documentation received from the EC, Gandhi said that the Congress has ascertained that nearly 1.5 lakh voters out of 6.5 lakh who voted in the Lok Sabha elections were “fake”.

“It makes it clear that the institution that defends the constitution has been obliterated and taken over. We have such proof that will show the whole country that the institution of the Election Commission does not exist. It has disappeared. It has taken us 6 months of non-stop work to find this proof. You will see with zero doubt how a Lok Sabha election is stolen. 6.5 lakh voters vote, and 1.5 lakh of those voters are fake,” Gandhi said.

The LoP rekindled his suspicions regarding the election system, saying that he had his doubts about “something being wrong” since 2014. Questioning the BJP’s sweeping victories in the assembly elections of Gujarat, Rajasthan, and Madhya Pradesh, Gandhi noted that they began investigating electoral malpractices following their defeat in Maharashtra, where one crore new voters appeared within months ahead of the assembly elections, ultimately voting for the BJP.

“I’ve been speaking recently about the election system. I had always suspected something was wrong, starting from 2014. I had a suspicion in the Gujarat Assembly elections already. This ability to win sweeping victories. The Congress Party didn’t get a single seat in Rajasthan, Madhya Pradesh, or Gujarat, which surprised me. Whenever we spoke, people said, ‘Where’s the proof?’ Then, something happened in Maharashtra,” Gandhi said.

“In the Lok Sabha, we won the election. And then four months later, we didn’t just lose, we were obliterated. Three formidable parties suddenly just evaporated. We started to look seriously for electoral malpractice. We found that in Maharashtra, one crore new voters appeared between the Lok Sabha and Vidhan Sabha elections. The bulk of those votes go to the BJP… Now, I say with absolutely no doubt that we have proof,” the Congress leader said.

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Crime

Karnataka KRIDL Office Assistant, Once A Sweeper, Found With Properties Worth Over ₹100 Crore

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Bengaluru: A sweeper, turned outsourced office assistant at the Karnataka Rural Infrastructure Development Corporation (KRIDL) in Koppal district has been the owner of properties worth over Rs 100 crore.

The shocking revelation came after the Karnataka Lokayukta raided the KRIDL office in Koppal, following a complaint against the Chief Executive Engineer Z M Chincholikar that there has been misappropriation of funds to the tune of Rs 72 crore in the works taken up between 2022 – 2024.

However, during the raid, the Lokayukta police grew suspicious over the office assistant Kalakappa Nidagundi of Bandi village in neighbouring Yalaburga taluk. Both Chincholikar and Nidagundi were immediately suspended and the search operations continued. However, Chincholikar managed to obtain a stay from the KAT and has been transferred to Davanagere.

During the search operations, the Lokayukta police stumbled on interesting facts about Kalakappa Nidagundi. He started his career as a sweeper in the KRIDL office, Koppal. Later in 2003, he was registered as an outsourced employee and made the office assistant. Since then, he has been the office assistant of the Koppal division.

While investigating the Rs 72 crore misappropriation in 108 works taken up by KRIDL  during 2022-2024, the Lokayukta police realised that Kalakappa Nidagundi was the mastermind of the scam. The Lokayukta police decided to go after the property he had amassed and were shocked to see that he was owning two luxurious cars, along with other properties, which is worth over Rs 100 crore.

According to Lokayukta police, Nidagundi has 24 houses in Koppal and Bhagya Nagar near Bagalakot. He has over 40 acres of farmland in the name of his wife, brother and brother-in-law. Besides, he owns over 50 housing plots in places like Bandi, Hitnal, Huligi and Yalaburga. The Lokayukta police have seized two cars, two bikes, 350 gms of gold and 1.5 kg silver from his house, which were unaccounted for.

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