Swiss banking giant Credit Suisse has pleaded guilty to the charges that it helped its American clients evade taxes and agreed to pay a penalty of $2.6 billion to avoid prosecution.
As the Israeli military is all set to launch a ground invasion in the Gaza Strip, the Israel Defence Forces (IDF) on Tuesday identified the organisational hierarchy of Hamas and vowed to destroy and dismantle the group by targeting its top brass, who were 'responsible' for the attacks against Israeli civilians.
The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).
The interest charged on an inter-state loan given to a credit card holder without the use of a plastic card would not be subject to the integrated goods and services tax (IGST), a two-judge bench of the Calcutta high court has ruled. In this connection, it recently set aside a ruling by a single judge of the high court. The issue was a loan of Rs 650,000 granted by Citi Bank with an EMI of Rs 58,056 for 12 months and inclusive of integrated GST (IGST) on each installment of interest.
'How can you shoot somebody raising a white flag, even if he's a fighter, when he's surrendered?'
Names of 100,000 a/c holders in HSBC's Swiss unit recently became public.
In a huge relief to animal welfare organisations and volunteers involved in feeding stray dogs, the Supreme Court on Thursday lifted the interim stay on the operation of the Delhi high court order relating to the feeding of stray dogs and also stayed the same.
Pakistani-American terrorist David Headley can be interrogated by Indian investigators in the United States after he confessed to plotting Mumbai attacks, even as India's efforts to extradite him hit a roadblock.
Congressman Elijah Cummings of Maryland and Henry Waxman from California, who are investigating bribery charges at Wal-Mart's Mexico unit, announced on Thursday they had documents which confirmed that Wal-Mart CEO Michael Duke and other high-ranking personnel were personally informed about the bribery allegations as early as October 2005, according to a CNN report.
The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi -- the highest amount frozen till date in India -- the ED said Friday. The agency charged the popular Chinese phone maker with remitting foreign currency equivalent to Rs 5,551.27 crore to three entities -- one Xiaomi Group company and two US-based unrelated entities -- in the guise of royalty. The Enforcement Directorate (ED) had first issued the order of seizure of these bank deposits on April 29 under the FEMA and later sent it for approval of the competent authority, as required under the law that regulates foreign exchange violations in the country.
Passengers travelling to the United States will now be subjected to physical pat-downs as authorities announced fresh set of security measures following an unsuccessful attempt by a Nigerian to blow up a US plane midair.
'We are not worried about raids. We have nothing to hide.'
Don't create an "atmosphere of fear", the Supreme Court Tuesday told the Enforcement Directorate (ED) after the Chhattisgarh government alleged the probe agency is "running amok" and is trying to implicate Chief Minister Bhupesh Baghel in a money laundering case linked to the alleged Rs 2,000 crore liquor scam in the state.
Assam Chief Minister Himanta Biswa Sarma on Sunday said Congress leader Rahul Gandhi should avoid visiting the birthplace of Srimanta Sankardeva at Batadrava on January 22, as there can be no competition between Lord Ram and the medieval age Vaishnav saint revered as an icon in the state.
'Dr Zakir Naik is a busy person and as an NRI he is out of India six months of the year.'
Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.
The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.
The Supreme Court of India on Wednesday said the problem with electoral bonds scheme is that it provides for "selective anonymity" and "selective confidentiality" as the details are available with the State Bank of India (SBI) and can also be accessed by the law enforcement agencies.
The United States administration on Friday said the 35-year sentence without parole imposed on Lashkar-e-Tayiba terrorist David Headley, one of the Mumbai terror attack plotters, marks another step in its efforts to bring to justice those responsible for 26/11.
The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers contain complete information about the originator and beneficiary. The central bank has updated instructions in the Master Direction on Know Your Customer (KYC) related to wire transfers and also aligned the same with the relevant recommendation of the Financial Action Task Force (FATF). "All cross-border wire transfers shall be accompanied by accurate, complete, and meaningful originator and beneficiary information...," as per the updated instructions in the Master Direction.
As per the official announcement by Delhi government, the teachers will be deployed from December 31, 2022, until January 15, 2023, to ensure COVID-appropriate behaviour is followed at Delhi Airport.
The bench said since a batch of pleas on Manipur violence was listed for hearing during the day, it may consider his request then.
The validity of documents that have expired since February 1, 2020 or would expire by December 31, 2020 will remain valid until this year.
Delhi's 24-hour average air quality index (AQI) stood at 407 at 4 pm.
Abroad, airlines face suspension or hefty fines for unpaid dues or flight cancellations.
Scores of churches and homes belonging to Christians in Jaranwala tehsil of Faisalabad district, some 130 km from the provincial capital, were burnt down on Wednesday by a mob enraged over reports that two Christians had desecrated the Quran.
Telecom and IT Minister Kapil Sibal Monday said he was "deeply saddened" by the arrest of two girls over their Facebook post questioning the shutdown in Mumbai for Shiv Sena patriarch Bal Thackeray's funeral and said the IT Act should not be used to "throttle dissent".
A provisional order has been issued under the Prevention of Money Laundering Act against the newspaper's publisher Associated Journals Ltd and its holding company Young Indian, the central probe agency said in a statement.
A year after the scandal broke out, the former socialist presidential frontrunner accused the maid, Nafissatou Diallo, of 'knowingly and intentionally making a false report to law-enforcement authorities" that cost him his job, New York Post reported.
The authorities have been witnessing significant pressure over the issue and this might be the reason for their expected move towards arresting Raju
In the wake of the killing of seven Sikhs at a gurdwara in Wisconsin, United States on Sunday, US Representative Joseph Crowley lamented that Sikh Americans too often become the victims of intolerance and hate.
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
A 27-year-old man, who was allegedly an al Qaeda sympathiser, has been arrested in New York by law enforcement authorities on charges that he planned to carry out terror attacks in the city targetting government workers, military personnel and officials in New York.
The data said the ED filed a total of 176 Enforcement Case Information Reports (ECIRs), equivalent to a police FIR, against existing and ex MPs, MLAs and MLCs which comes to 2.98 percentage of the total 5,906 such complaints filed since the law came into being.
United States Vice President Joe Biden's younger brother has received a suspicious package in his mail from India, containing a powdery substance, which the Federal Bureau of Investigation has ruled as anthrax.
Complaints were received by the Commission on possibilities of inducement of electors by distributing cash and gifts in innovative forms like tokens, prepaid phone recharge coupons, newspaper subscription, milk tokens.
Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."
'The pandemic had a significant impact on child trafficking.' 'With economic hardships, traffickers exploited the situation to target desperate parents and children.'
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
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