News for 'Department of the Treasury'

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Rediff.com27 Mar 2023

A bench of Justices Ajay Rastogi and Bela M Trivedi said it is not issuing notice but tagging the matter with the pending similar appeal also filed by the CBI.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Rediff.com1 Oct 2022

Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

Rediff.com24 Mar 2023

US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.

Govt using probe agencies to do hafta-vasooli: Cong

Govt using probe agencies to do hafta-vasooli: Cong

Rediff.com24 Feb 2024

In his letter to Sitharaman, Venugopal said media reports have exposed the alleged "quid-pro-quo between BJP and several firms, which in a strange coincidence donated to it, after the Enforcement Directorate (ED), Income Tax Department (IT) and Central Bureau of Investigation (CBI) and others, raided or searched those enterprises".

Bitcoin Beats Equities, Gold In 2023!

Bitcoin Beats Equities, Gold In 2023!

Rediff.com20 Dec 2023

A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.

China blocks India-US move to blacklist 26/11 terrorist

China blocks India-US move to blacklist 26/11 terrorist

Rediff.com20 Jun 2023

Beijing blocked the proposal that had been moved by the US and co-designated by India to blacklist Mir under the 1267 Al Qaeda Sanctions Committee of the UN Security Council as a global terrorist and subject him to assets freeze, travel ban and arms embargo.

LeT terrorist who trained 26/11 attackers dies in Pak jail

LeT terrorist who trained 26/11 attackers dies in Pak jail

Rediff.com31 May 2023

Hafiz Abdul Salam Bhuttavi, an United Nations-designated terrorist who trained the Lashkar-e-Taiba (LeT) attackers for the 2008 Mumbai terror attack and acted as the outfit's chief on at least two occasions, died in a prison in Pakistan's Punjab province while serving a sentence for terror financing, his aide said on Wednesday.

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Rediff.com9 Apr 2022

73-year-old Prasad is in custody following his conviction and sentence by a Central Bureau of Investigation court in February in a fodder scam case involving embezzlement of over Rs 139 crore from Doranda treasury.

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

Rediff.com5 Feb 2024

India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.

AMCs' contribution to backstop fund for debt MFs tops target

AMCs' contribution to backstop fund for debt MFs tops target

Rediff.com29 Nov 2023

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

Opposition demands Shah's statement on Parliament security breach

Opposition demands Shah's statement on Parliament security breach

Rediff.com14 Dec 2023

Several opposition MPs on Wednesday demanded an explanation from Home Minister Amit Shah after two visitors jumped into the Lok Sabha chamber from the visitors' gallery and opened canisters that emitted coloured smoke, triggering panic among the members.

HSBC acquires Silicon Valley Bank's UK arm for 1 pound

HSBC acquires Silicon Valley Bank's UK arm for 1 pound

Rediff.com13 Mar 2023

The UK government announced on Monday that it has facilitated London-based banking major HSBC to buy the embattled UK arm of Silicon Valley Bank for 1 pound, securing the deposits of more than 3,000 customers worth around 6.7 billion pounds. Santa Clara, California-based Silicon Valley Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US bank since 2008. According to experts, although the UK arm of SVB was small with only around 3,000 business customers, its collapse would have presented a risk for the tech sector which is seen as crucial to Britain's economic growth.

'I didn't want to spend the rest of my life as Om Birla's slave'

'I didn't want to spend the rest of my life as Om Birla's slave'

Rediff.com2 Apr 2024

'The people of Kota will show Om Birla his place.'

The Theme Of Budget 2023 Will Be....

The Theme Of Budget 2023 Will Be....

Rediff.com13 Jan 2023

'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'

China blocks blacklisting of Lashkar terrorist at UN

China blocks blacklisting of Lashkar terrorist at UN

Rediff.com19 Oct 2022

It is learnt that China placed a hold on the proposal by India and the US to designate Mahmood as a global terrorist under the 1267 Al Qaeda Sanctions Committee of the UN Security Council.

At UN, China objects India's proposal to blacklist JeM terrorist

At UN, China objects India's proposal to blacklist JeM terrorist

Rediff.com11 May 2023

Rauf Azhar, born in 1974 in Pakistan, had been sanctioned by the United States in December 2010.

Parliament Session: All parties to meet amid 'surprise' buzz

Parliament Session: All parties to meet amid 'surprise' buzz

Rediff.com16 Sep 2023

Ahead of the Parliament session, the government will hold a meeting with leaders of all parties on Sunday to brief them and hear their views, amid an intense buzz on whether it will have some surprise item up its sleeve during the five-day sitting.

US, Taliban hold talks over $ 3.5 bn frozen Afghan bank reserves

US, Taliban hold talks over $ 3.5 bn frozen Afghan bank reserves

Rediff.com29 Jul 2022

A US special envoy met senior Taliban representatives in Tashkent, Uzbekistan, and discussed the issue of Afghan central bank reserves.

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

Rediff.com20 Oct 2022

Hafiz Talha Saeed is a senior leader of the LeT and is the head of the cleric wing of the terrorist organisation.

Russia withdraws troops from annexed Ukrainian city

Russia withdraws troops from annexed Ukrainian city

Rediff.com1 Oct 2022

On Friday, Putin formally announced the annexation of four regions -- Donetsk, Luhansk, Kherson and Zaporizhia -- and claimed that "this is the will of millions of people".

Amid 'surprise' buzz, Parliament session to begin from Monday

Amid 'surprise' buzz, Parliament session to begin from Monday

Rediff.com17 Sep 2023

The unusual timing of the session has left everyone wondering, even though the main standout feature on the listed agenda is a special discussion on Parliament's journey of 75 years starting from the "Samvidhan Sabha" (Constituent Assembly).

US toughens stand, slaps sanctions on Putin, other leaders in rare move

US toughens stand, slaps sanctions on Putin, other leaders in rare move

Rediff.com26 Feb 2022

The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.

Lalu gets 5-year jail in fodder scam case, fined Rs 60 lakh

Lalu gets 5-year jail in fodder scam case, fined Rs 60 lakh

Rediff.com21 Feb 2022

"Lalu Prasad has been sentenced to 5 years imprisonment while a penalty of Rs 60 lakh has also been imposed on him. Apart from Prasad, five years imprisonment each was announced by the Court for five convicts, four years each for 32 convicts and three years each for three convicts," CBI counsel B M P Singh told PTI.

'You have started hating India': Cong hits back at Modi

'You have started hating India': Cong hits back at Modi

Rediff.com25 Jul 2023

Modi slammed the Indian National Developmental Inclusive Alliance (INDIA) as the most directionless the country has ever seen and cited reviled names, such as East India Company and Indian Mujahideen, to assert that people cannot be misled merely by the use of the country's name.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

'Maun vrat on Manipur': Cong asks 3 questions to Modi

'Maun vrat on Manipur': Cong asks 3 questions to Modi

Rediff.com8 Aug 2023

As the lower house took up the motion moved by Gogoi, there were heated exchanges between the opposition and treasury benches after Parliamentary Affairs Minister Pralhad Joshi wondered why Rahul Gandhi's name as lead speaker was withdrawn at the last minute.

Why Nitish-Tejashwi Sacked 81 Doctors

Why Nitish-Tejashwi Sacked 81 Doctors

Rediff.com27 Jan 2023

Some doctors were absent from duty for 20 years, others for 15, some for 12. About 64 doctors remained absent from duty for more than five years.

China puts hold on proposal at UN to blacklist 26/11 LeT handler

China puts hold on proposal at UN to blacklist 26/11 LeT handler

Rediff.com17 Sep 2022

China has put a hold on a proposal moved at the United Nations by the United States and co-supported by India to designate Lashkar-e-Taiba (LeT) terrorist Sajid Mir, one of India's most wanted terrorists and the main handler of the deadly 2008 Mumbai attacks, as a global terrorist.

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

Rediff.com17 Jan 2023

Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.

On 9/11 anniv US sanctions over 2 dozen terrorists in Pakistan

On 9/11 anniv US sanctions over 2 dozen terrorists in Pakistan

Rediff.com11 Sep 2019

Utilising a new executive order signed by President Donald Trump, issued on the eve of the 9/11 anniversary, the treasury department sanctioned over two dozen individuals and entities from 11 terrorist groups, including Pakistan-based Tehrik-e-Taliban Pakistan.

'No vaccination, no salary' for govt employees in Firozabad

'No vaccination, no salary' for govt employees in Firozabad

Rediff.com2 Jun 2021

As per the order, if an employee does not take Covid vaccine, the department will initiate action and stop their salary for the month of May.

BJP's no-trust motion against Chhattisgarh govt defeated

BJP's no-trust motion against Chhattisgarh govt defeated

Rediff.com28 Jul 2022

The no-confidence motion moved by the opposition Bharatiya Janata Party against the Congress government in Chhattisgarh where assembly polls are due next year, was defeated by voice vote in the state Legislative Assembly on Thursday.

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Rediff.com16 Feb 2022

He had already been granted bail in the Chaibasa Treasury Scam case in October 2020, and in the Deoghar Treasury Scam case in February 2020.

Pervez Musharraf laid to rest in Karachi

Pervez Musharraf laid to rest in Karachi

Rediff.com7 Feb 2023

Several retired and serving military officers attend Pervez Musharraf's funeral prayers.

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Rediff.com31 Dec 2022

Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.

BJP MLC Darekar booked in bank scam, din in Maha assembly

BJP MLC Darekar booked in bank scam, din in Maha assembly

Rediff.com15 Mar 2022

The complainant alleged that Darekar posed as a labourer, which was later found wrong.

Adani Ports junks Myanmar plans

Adani Ports junks Myanmar plans

Rediff.com27 Oct 2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Rediff.com11 May 2023

A video shared by Qureshi's Pakistan Tehreek-e-Insaf (PTI) party on Twitter shows plain-clothed men taking him away, with him waving at party workers before departing from the location where he was detained.