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."
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.'
The police search comes just a couple of days after a group of SFI activists allegedly trespassed into the Kochi office of the news channel and intimidated the staff.
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.
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.
'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 ministry felt the new WFI body was working under the complete control of its former office-bearers, which was not in conformity with the National Sports Code.
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.
American Hans Niemann filed a $100 million defamation lawsuit against Carlsen and Chess.com in October 2022 after the allegations that he had cheated.
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.
'This case is not a good example of intellectual property strategy for either sector.'
The elections to the AIFF Executive Committee will be held on September 2 and aspiring candidates can file fresh nominations from August 25, the returning officer announced.
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.
The body of a woman post-graduate trainee who was allegedly raped and murdered inside a seminar hall of the hospital, was found on Friday morning. The civic volunteer was arrested on Saturday.
'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'
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.
In a massive setback for the country, world football governing body FIFA on Tuesday suspended India for "undue influence from third parties" and said the Under-17 Women's World Cup "cannot currently be held in India as planned."
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.
The Quad Leaders' Summit this year was earlier supposed to be held in India, but US President Joe Biden was keen to hold the event in his hometown.
Leader of Canada's New Democratic Party (NDP) Jagmeet Singh has announced that he is withdrawing support to Prime Minister Justin Trudeau's government.
Indian javelin thrower DP Manu, a rising star with his sights set on the Paris Olympics, has been provisionally suspended by the National Anti-Doping Agency (NADA) after a failed doping test.
French police have arrested a Russian man suspected of planning to destabilize the Olympics.
'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'
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.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
The federal agency issued a statement, saying it has attached fresh assets worth more than Rs 35 crore that are "beneficially-owned and controlled" by the PFI "in the name of various trusts, companies and individuals" as part of its ongoing probe against the outfit and entities linked to it.
'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.
Vinesh was disqualified on the morning of the Paris Olympics final for exceeding the 50kg weight limit. During the weigh-in, she was found to be 100 grams over the limit.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
He is expected to be produced before a federal court in New York on Monday.
Four people, including two staff of Congress MP Rahul Gandhi's Wayanad office, were arrested on Friday for allegedly causing damage to Mahatma Gandhi's photo nearly two months ago when an Students' Federation of India protest march led to violence on the premises.
Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.
Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
The Central Bureau of Investigation (CBI) will conduct a psychological assessment of Sanjay Roy, the accused in a rape-and-murder case of a doctor in Kolkata that has triggered nationwide protests, officials said on Saturday.
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
'The sooner Kalyan Chaubey leaves, the better it is for Indian football'
The confrontation comes days after the FBI executed a search warrant at former president Donald Trump's Florida estate.
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