Arivandakshan's arrest is the first of a political person in the alleged scam in which several political functionaries of the CPM are under scanner, they said.
The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.
A recipe for starters for your weekend menu.
Electric vehicle (EV) sales in India topped the 1 million mark in less than nine months in 2023, a milestone that took an entire year in 2022. According to data from the Ministry of Road Transport and Highways' Vahan Dashboard, 1,037,011 EVs were registered with regional transport offices till September 19, accounting for 6.4 per cent of the total automobile sales in the country this year. The sales surge can be attributed to increased individual purchases as well as business-to-business (B2B) acquisitions by EV fleet operators, industry sources said.
Reacting sharply to the ban imposed on yoga by two churches in England in their halls, yoga exponent Baba Ramdev and a Catholic priest on Saturday said the decision stems from "ignorance".
The Nifty IT index rose by 5.14 per cent on Friday (January 12), marking its best performance in a day since July 2020, followed by another 1.9 per cent rally on Monday. With this, the index, which tracks the share prices of India's 10 biggest information technology (IT) services companies, has increased 7.1 per cent in the past two sessions. However, the substantial rally in the index occurred at a time when India's four largest IT companies reported their worst quarterly performance in over five years.
rediffGURU Mohit offers advice on how you can manage your emotions and improve your personality to be more confident and positive.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
Several technology companies are seeking to step up hiring from Tier-II and Tier-III cities of India in 2024 to tap into a vast talent pool of skilled professionals churned out by educational institutions and training centres in these regions. Tier-II and Tier-III cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent, hinting towards the strong talent availability in these regions, according to Randstad India, a talent management firm.
'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.
The septuagenarian, who turned teary-eyed, submitted that he misses his wife Anita very badly and said she is in the advanced stage of cancer, according to court records.
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
Green Tomato Days are here. Make the most of them.
In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.
Danushka Gunathilaka will stand trial on a rape charge
A backlash against Wayne Rooney's appearance in a series of Sun interviews is gathering force on Merseyside.
Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.
Meanwhile, in a statement, BP also said that the huge oil spill had so far cost the company $350 million.
'To tell you the truth, we did not expect Iris to make such waves, to get so much attention.'
The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.
Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.
Vidarbha opener Atharva Taide struck his third first-class century and his second of the ongoing Ranji Trophy season
Care for a hot broth to welcome Father Christmas?
GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. It also stressed the buildup in the growth momentum is likely to be sustained. The article on the state of the economy published in the Reserve Bank's December Bulletin on Wednesday also said CPI-based retail inflation is expected to ease to 4.6 per cent in the first three quarters of 2024-25 from 5.6 per cent in November.
The legislator was taken into custody under provisions of the Prevention of Money Laundering Act after he was detained by agency officials from a public meeting he was holding in Malerkotla, they said.
Why did Modi single out the Congress and its leaders for the most pugnacious verbal assault while sparing other regional adversaries? If he is trying to get some parties to break the Opposition ranks, it means that the BJP's present bravado is for effect. Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times, begins a new column for Rediff.com.
Rattled by a series of demonstrations outside the state party headquarters in Kolkata, West Bengal Bharatiya Janata Party president Sukanta Majumdar Friday issued a stern warning saying that disciplinary actions will be taken against dissenting party members.
As anger in the Muslim world over anti-Islam film continued to smolder, the United States administration has turned to social media and television ads to try to stem global protest.
Long-serving opener Warner is set to return for the five-match ODI series starting on Thursday, which selectors will use to refine Australia's line-up for the 50-over World Cup starting in India in October.
'You can't be just bowling the orthodox line when someone is sweeping you.'
The OTT boom has proved a boon for a lot of hibernating '90s beauties as they rediscover themselves in exciting new avatars.
The Enforcement Directorate late on Friday arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of Rs 538 crore at the Canara Bank, official sources said.
As a result, lotus stems, also known locally as nadru, is available in good quantity in Kashmir due to revival of the crop in the lake.
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
The FBI said that its Legal Attache' office in Israel was actively working with partners on the ground to locate and identify US citizens afftected by the terror attacks.
Among the 44 per cent of Indian students who have used Gen AI in their studies, 60 per cent say it helps them learn faster, 55 per cent say it allows them more creative use of learning, while 51 per cent say it frees up their time.
Maxwell put on a solid partnership of 103 runs with Pat Cummins for the highest seventh-wicket stand or lower for Australia in World Cups.
"Which foreign powers may be interested in taking advantage of unrest and instability in Manipur? Does the geopolitics of south east Asia also have a role in these events," he asked.