With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion in profit over 20 years.
Delhi HC open to IOA reconstituting ad hoc panel for WFI's functioning
The Sri Lanka police on Wednesday said a senior deputy inspector general will head a team appointed to investigate four of its citizens arrested in Gujarat when on an alleged mission to carry out terror activities in India at the behest of the banned Islamic State.
The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.
Boxing great M C Mary Kom, who is also the chairperson of IOA's athletes' commission, says she has stopped giving suggestions to the National Olympic Committee as it doesn't pay attention to them.
Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.
AICF officials are in search of the Gaprindashvili Cup that was won by Indian teams at the 44th Chess Olympiad held in Chennai in 2022.
The Gauhati High Court on Sunday stayed the Wrestling Federation of India elections, scheduled for July 11.
Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth Rs 4,697 crore. This marked the second instance in the current calendar year where foreign portfolio investors (FPIs) were net sellers in a month.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
Iranian hackers shared unsolicited information they had stolen from former United States President Donald Trump's presidential campaign with people who were associated with President Joe Biden's campaign over the summer, CNN reported, citing federal law enforcement officials.
The Pakistan government has issued an order barring all government employees from using social media without permission to stop disclosure of official information and documents, The News International reported.
The DG-level border talks between India and Bangladesh, scheduled to be held in Delhi next month, have been postponed following a change in plan by the neighbouring country, official sources said on Friday.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
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."
'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
Top Canadian officials have reportedly admitted to leaking details about India's interference to The Washington Post, but these specifics were not shared with Canadians, The Globe and Mail newspaper reported.
'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'
Khalistani separatist Gurpatwant Singh Pannun has filed a civil lawsuit against the Government of India and National Security Advisor Ajit Doval, with a US court issuing summons in the case.
Australia's Olympic hockey player Tom Craig was arrested in Paris and is being held in custody for buying cocaine, a police union source said on Wednesday.
This is the first deal by an Indian startup after the sector was opened to private companies in 2020.
Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report - a charge that the conglomerate vehemently denied. In a post on X, Hindenburg cited "newly released Swiss criminal records reported by Swiss media outlet" to state that "Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021."
'This case is not a good example of intellectual property strategy for either sector.'
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
The opposition bloc also got support from Telanagana Chief Minister K Chandrashekar Rao's BRS, which saw the bill as a move to usurp powers of an elected government in Delhi, and asked the House to vote against it.
Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.
Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.
'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'
The agency recorded the statement of the 26-year-old man at its zonal office located at Ashok Marg in Lucknow for about seven hours.
Ronald Rowe Jr said that the suspect did not have a line of sight of Trump and was not able to get any shots off at the agents who were sweeping the course, according to a Politico report.
The Kuki-Zo Council called for a 13-hour shutdown in Manipur's hill areas on Tuesday, demanding an investigation into the death of 11 people in a clash with security forces in Jiribam. The shutdown, which began at 5 am, saw schools, markets, and public transport remain closed. Various Kuki-Zo organizations, including the Kuki Students' Organisation, the Zomi Students' Federation, and the Hmar Students' Association, demanded a probe into the incident, accusing the Central Reserve Police Force of "treacherous murder." The Hmar Village Volunteers, who were identified by the Kuki-Zo groups as the victims, condemned the incident and called for intervention from the Ministry of Home Affairs.
American Hans Niemann filed a $100 million defamation lawsuit against Carlsen and Chess.com in October 2022 after the allegations that he had cheated.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
Earlier in the day, rich tributes were paid to Yechury at the Communist Party of India (Marxist) headquarters at the AKG Bhavan here, where his mortal remains were brought from his residence in the morning.
'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'
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