News for 'Financial Action Task Force'

India loses hosting rights of 2021 men's World Boxing

India loses hosting rights of 2021 men's World Boxing

Rediff.com28 Apr 2020

India lost the hosting rights of the 2021 men's World Boxing Championship to Serbia after the national federation failed to pay the host fee, prompting the International Boxing Association (AIBA) to terminate the agreement signed in 2017. The elite competition, which would have happened for the first time in the country, will now be held in the Serbian city of Belgrade.

India allows unlisted firms to directly raise funds abroad

India allows unlisted firms to directly raise funds abroad

Rediff.com6 Dec 2013

The government on Friday modified FDI policy allowing unlisted companies to directly list on stock exchanges abroad to raise funds for acquisitions or retiring overseas debts, a move which may help India in containing high current account deficit.

Pak remains in FATF 'grey list' for failure to check terror funding

Pak remains in FATF 'grey list' for failure to check terror funding

Rediff.com18 Feb 2020

India has been maintaining that Pakistan extends regular support to terror groups like Lashkar-e-Taiba, Jaish-e-Mohammad and Hizbul Mujahideen, whose prime target is India, and has urged FATF to take action against Islamabad.

A Salute To An IAF Legend

A Salute To An IAF Legend

Rediff.com12 Sep 2024

'There cannot be anyone like Air Marshal Keelor -- he was so difficult to emulate.' Air Commodore Nitin Sathe (retd) salutes War Hero Air Marshal Denzil Keelor PVSM, KC, AVSM, VrC who passed into the ages last month.

Parliament passes bills to extend tenures of CBI, ED chiefs up to 5 yrs

Parliament passes bills to extend tenures of CBI, ED chiefs up to 5 yrs

Rediff.com14 Dec 2021

Parliament has passed a bill to extend the tenure of the director of the Central Bureau of Investigation (CBI) to a maximum of five years from the present two years.

Pak has shown meagre progress against terror financing: Watchgroup

Pak has shown meagre progress against terror financing: Watchgroup

Rediff.com12 Oct 2020

Pakistan has improved its full compliance on only two of the 40 FATF recommendations, the APG report noted.

Saudi Arabia for enhanced anti-terror cooperation with India

Saudi Arabia for enhanced anti-terror cooperation with India

Rediff.com25 Sep 2019

Nearly two weeks after drone and missile attacks on its vital oil facilities, Saudi Arabia has said it is enhancing cooperation with India to combat terrorism, including choking funds to terror networks and exchange of information and intelligence.

Why RBI said no to NBFCs with funds from Mauritius

Why RBI said no to NBFCs with funds from Mauritius

Rediff.com29 May 2020

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.

BBC, Modi And The Sunak Factor

BBC, Modi And The Sunak Factor

Rediff.com27 Jan 2023

Keeping the contents of the BBC documentary aside, Rishi Sunak's response needs to be viewed in the backdrop of Britain's historically close relations with Pakistan, argues Lieutenant General Prakash Katoch (retd).

Imran's remarks show frustration; no 3rd party role in Kashmir: MEA

Imran's remarks show frustration; no 3rd party role in Kashmir: MEA

Rediff.com24 Jan 2020

"Our position has been clear and consistent on Kashmir... It is a bilateral issue between India and Pakistan," the MEA said. The US President had repeated his offer to 'help' resolve the issue on Tuesday.

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

Rediff.com28 Oct 2022

In the audio clip, he is heard directing the attack on Chabad House during Mumbai 26/11 terror attacks.

FATF condemns Pulwama attack; says Pak failed to curb terror finance

FATF condemns Pulwama attack; says Pak failed to curb terror finance

Rediff.com22 Feb 2019

The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies

26/11 hero Sadanand Vasant Date, who fought Kasab, is new NIA chief

26/11 hero Sadanand Vasant Date, who fought Kasab, is new NIA chief

Rediff.com27 Mar 2024

Date, a 1990 Indian Police Service officer of the Maharashtra cadre who once sold newspapers in Pune to financially support his family, was honoured with the President's Police medal for gallantry for his role in what has come to be known as the 26/11 attack.

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Rediff.com9 Mar 2019

The proscribed organisations will be examined under heightened security checks at all layers of legal, administrative, investigative and financial regimes, the Dawn newspaper reported.

All table tennis tourneys scrapped until end July

All table tennis tourneys scrapped until end July

Rediff.com2 May 2020

It said it was also cancelling all veterans tour events and Table Tennis X events for the entire year while looking into cost-cutting measures to meet the financial challenges.

Another terror attack on India will be 'extremely problematic': US to Pak

Another terror attack on India will be 'extremely problematic': US to Pak

Rediff.com21 Mar 2019

'We need to see Pakistan taking concrete and sustained action to reign in the terrorist groups'

What Pak army chief's 3-year extension means for Kashmir

What Pak army chief's 3-year extension means for Kashmir

Rediff.com20 Aug 2019

'With the extension issue settled clearly in his favour, Gen Bajwa would be free to fashion a more hardline policy against India. 'We could, therefore, expect a raising of the ante in Kashmir,' says Rana Banerji.

Pak gets little traction globally on Kashmir issue: Sources

Pak gets little traction globally on Kashmir issue: Sources

Rediff.com10 Aug 2019

Islamabad is being bluntly asked not to use the development in Kashmir for cross border terrorism or infiltration across the Line of Control.

Saeed, other JuD leaders still freely using group's offices despite ban

Saeed, other JuD leaders still freely using group's offices despite ban

Rediff.com6 Mar 2018

The government last month had taken over the JuD's famous Muridke Markaz and Lahore's headquarters of Masjid Al Qadsia in Chauburji.

Govt plans to remove 'dil ki doori' first, restoring J-K statehood is last

Govt plans to remove 'dil ki doori' first, restoring J-K statehood is last

Rediff.com6 Jul 2021

'For the government, statehood is one of the end-points of the journey. A vast distance has to be traversed to reach there. There are many turns on the road, some resting points, and possibly, many cul-de-sacs.'

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

Noose around NRI tax evaders, charitable trusts tightens

Noose around NRI tax evaders, charitable trusts tightens

Rediff.com6 Jul 2019

At present, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, covers only resident Indians. The Finance Bill has expanded the definition of assessees to include NRIs.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Pak puts more curbs on Hafiz Saeed, Masood Azhar, Dawood Ibrahim

Pak puts more curbs on Hafiz Saeed, Masood Azhar, Dawood Ibrahim

Rediff.com22 Aug 2020

Seeking to wriggle out of the FATF's grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts, a media report said.

World anti-money laundering body deletes FIFA-related warning

World anti-money laundering body deletes FIFA-related warning

Rediff.com23 Jun 2015

A world anti-money laundering body has deleted all trace of an alert it issued last week warning that financial institutions had not done enough to police suspicious financial activity by officials at FIFA.

Sebi tightens norms to check money laundering, terror funding

Sebi tightens norms to check money laundering, terror funding

Rediff.com12 Mar 2014

The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.

Daniel Pearl murder: Qaeda leader's death commuted, 3 others set free

Daniel Pearl murder: Qaeda leader's death commuted, 3 others set free

Rediff.com2 Apr 2020

Pearl, the 38-year-old South Asia bureau chief for The Wall Street Journal, was abducted and beheaded while he was in Pakistan investigating a story on the alleged links between the country's powerful spy agency Inter-Services Intelligence and Al Qaeda.

Terror financing watchdog decides to keep Pak in 'Grey' list

Terror financing watchdog decides to keep Pak in 'Grey' list

Rediff.com22 Jun 2019

The FATF continuing Pakistan in the 'Grey' list means its downgrading by IMF, World Bank, ADB, EU and also a reduction in risk rating by Moody's, S&P and Fitch.

Pak to choke funding of terror groups to avoid FATF black list: Report

Pak to choke funding of terror groups to avoid FATF black list: Report

Rediff.com27 Jun 2018

Currently placed on the FATF'S 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.

India probing 1,704 money laundering, terror-funding cases

India probing 1,704 money laundering, terror-funding cases

Rediff.com26 Jun 2013

The conviction levels are still low.

80% FPIs get major relief from market regulator

80% FPIs get major relief from market regulator

Rediff.com31 Oct 2019

This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.

LoC silent, but terror infrastructure in Pak remains intact: Army Chief

LoC silent, but terror infrastructure in Pak remains intact: Army Chief

Rediff.com25 Mar 2021

'It is for the first time in about five or six years that the LoC has been silent. That really bodes well for the future'

ISI trained miliants from all over in jihad: Imran

ISI trained miliants from all over in jihad: Imran

Rediff.com24 Sep 2019

Imran said the previous Pakistani governments "should not have pledged what they could not deliver."

Soccer Roundup: Women call for 30 per cent representation in FIFA

Soccer Roundup: Women call for 30 per cent representation in FIFA

Rediff.com20 Aug 2015

FIFA's Task Force for Women's Football has called for a target of 30 percent women's participation in the governing body's leading structures and top jobs, FIFA said on Thursday.

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.

Pak media blasts govt for using terror groups as instruments of foreign policy

Pak media blasts govt for using terror groups as instruments of foreign policy

Rediff.com25 Feb 2018

"The world, which includes our brotherly friends (China and Saudi Arabia) whom the foreign minister (Khawaja Asif) thanked in a prematurely triumphant tweet on Tuesday, is not impressed with what they see as this country's continued intransigence," the Dawn said in a stinging editorial, criticising the policies of the government, especially the powerful military.

Govt to raise legal marriage age of women from 18 to 21

Govt to raise legal marriage age of women from 18 to 21

Rediff.com16 Dec 2021

Experts, however, have raised concern over the decision, saying the move is akin to treating symptoms instead of the underlying causes.

Punjab CM Mann sacks senior cop over nexus with drug traffickers

Punjab CM Mann sacks senior cop over nexus with drug traffickers

Rediff.com18 Apr 2023

Mann also asked the vigilance bureau to investigate the wealth amassed by the police officer through alleged "drug money".

Haryana DSP probing illegal mining mowed down, 1 held after gunfight

Haryana DSP probing illegal mining mowed down, 1 held after gunfight

Rediff.com19 Jul 2022

A deputy superintendent of police investigating illegal stone-mining was killed on Tuesday when a truck he signalled to stop in Haryana's Nuh district drove into him, officials said.

Talking to Taliban is Pointless for India

Talking to Taliban is Pointless for India

Rediff.com4 Aug 2021

Pakistan has too much at stake to allow even an iota of rapprochement between India and the Taliban, says Vivek Gumaste.