ED raids Mumbai businessman named in Panama Papers, seizes Rs 41 cr of real estate

The Enforcement Directorate on Monday seized three offices in a prime location in Mumbai, valued more than Rs 41 crore, as part of a foreign exchange violation probe against a businessman whose......

Amitabh reacts to Panama Papers: My name has been misused

Bollywood megastar Amitabh Bachchan, whose name figured in the Panama Paper leaks as allegedly having links with offshore entities in two tax havens, on Tuesday denied any connection with those......

ED grills Aishwarya Rai for 6 hrs in 'Panama Papers' leak case

Bollywood actor Aishwarya Rai Bachchan was questioned for about six hours on Monday by the Enforcement Directorate (ED) at its office in central Delhi in a case linked to the 2016 'Panama Papers'......

Amitabh, Aishwarya among 500 Indians named in tax leak from Panama law firm

A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth. IMAGE: The documents reveal Amitabh and his daughter-in-law Aishwarya Rai's......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

Remittances decline 23% sequentially to $2.1 billion in February

Outward remittances in February under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) fell 23 per cent over January, latest data released by the central bank, in......

Outward remittances jump 158% in June

Outward remittances by individuals jumped 158 per cent during June this year to $145 million mainly on account of higher outgo on foreign education. According to the latest data released by the......

Foreign travel top reason why India's overseas remittances doubled

Spending on international travel tripled in April 2022 as Covid-related curbs were eased in various countries in FY22. IMAGE: Kindly note that this image has been posted for representational......