News for 'Financial Action Tasks Force'

Post Pulwama, Pak remains safe haven for terrorists: US

Post Pulwama, Pak remains safe haven for terrorists: US

Rediff.com24 Jun 2020

The suspension of US aid to Pakistan, which was announced by President Donald Trump in January 2018, remained in effect throughout 2019, the State Department said.

26/11 terrorist Hafiz Saeed sentenced to 11 yrs jail

26/11 terrorist Hafiz Saeed sentenced to 11 yrs jail

Rediff.com13 Feb 2020

The court sentenced Saeed to five-and-a-half years and imposed a fine of Rs 15,000 in each case. The sentences of both cases will run concurrently.

Time for Modi, Imran to talk

Time for Modi, Imran to talk

Rediff.com15 Mar 2021

Modi's hardline policy towards Pakistan and J&K has created numerous leverages and bargaining positions that New Delhi can bring to the bargaining table and translate into concessions, argues Ajai Shukla.

India lost Rs 90K cr to false trade invoicing, says US think-tank

India lost Rs 90K cr to false trade invoicing, says US think-tank

Rediff.com6 Jun 2019

In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year

India asks Pak to implement ICJ verdict immediately

India asks Pak to implement ICJ verdict immediately

Rediff.com18 Jul 2019

Rubbishing Pakistan's claim of a victory in the case, External Affairs Ministry Spokesperson Raveesh Kumar said Islamabad has its 'own compulsions to lie' to its people.

CBI registers FIR against Manish Sisodia in 'snooping case'

CBI registers FIR against Manish Sisodia in 'snooping case'

Rediff.com17 Mar 2023

The agency has booked Sisodia, a 1992-batch IRS officer Sukesh Kumar Jain who was then secretary of vigilance, retired CISF DIG Rakesh Kumar Sinha who was working as special advisor to Chief Minister Arvind Kejriwal and joint director in the Feedback Unit, they said.

'Kaptan' Imran Khan takes oath as 22nd PM of Pakistan

'Kaptan' Imran Khan takes oath as 22nd PM of Pakistan

Rediff.com18 Aug 2018

Khan's government will be the third consecutive democratic government in Pakistan since 2008.

Inside India's new Digital Personal Data Protection framework

Inside India's new Digital Personal Data Protection framework

Rediff.com13 Aug 2023

A new law that defines how companies should process users' data came into force with the President giving assent to the Digital Personal Data Protection (DPDP) Act passed by Parliament in the just-concluded monsoon session. The law arms individuals with greater control over their data while allowing companies to transfer users' data abroad for processing, except to nations and territories restricted by the Centre through notification. It also gives the government power to seek information from firms and issue directions to block content.

Air quality dips to 'very poor' at many places in Delhi-NCR

Air quality dips to 'very poor' at many places in Delhi-NCR

Rediff.com13 Oct 2019

The overall AQI deteriorated further and touched the 268 mark, which falls in the poor category.

Change of guard at RBI: Urjit Patel's tenure begins

Change of guard at RBI: Urjit Patel's tenure begins

Rediff.com6 Sep 2016

There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street

India is talking to the Taliban because the Taliban are winning

India is talking to the Taliban because the Taliban are winning

Rediff.com20 Jul 2021

But why should India be talking to the Taliban in the first place? There is no love lost there. India will never forget or forgive the humiliation to which the Taliban subjected it in the IC-814 hijack, notes Shekhar Gupta.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

'By Trump's standards, it was an enormous success'

'By Trump's standards, it was an enormous success'

Rediff.com27 Feb 2020

'Flattering press, nice photos, no major gaffes.' 'Both sides will be very happy as they are clearly measuring 'success' by a different yardstick than the world used in the past.'

How FM plans to tackle air pollution and save environment

How FM plans to tackle air pollution and save environment

Rediff.com1 Feb 2021

The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.

No victors in Ukraine war, everyone will lose, says Modi in Berlin

No victors in Ukraine war, everyone will lose, says Modi in Berlin

Rediff.com2 May 2022

India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.

Military Needs Soldiers, Not Contract Labour

Military Needs Soldiers, Not Contract Labour

Rediff.com13 Jun 2022

While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).

Can't talk with those who glorify killers: Sushma's strong attack Pak

Can't talk with those who glorify killers: Sushma's strong attack Pak

Rediff.com29 Sep 2018

Swaraj said India has made many efforts to have talks with Islamabad and the only reason they have stopped is because of Pakistan's behaviour.

Swiss gold exports to India near Rs 1-trillion in 2014

Swiss gold exports to India near Rs 1-trillion in 2014

Rediff.com15 Dec 2014

Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.

ICC cracks whip on players abandoning international tours

ICC cracks whip on players abandoning international tours

Rediff.com9 Nov 2014

The representatives of ICC Board expressed their deep disappointment at West Indies team's decision of abandoning their India tour mid-way, stating that a repeat of this kind from any team or players may lead cancellation of their T20 contracts with their franchises.

'Taliban won't pursue the Kashmir cause'

'Taliban won't pursue the Kashmir cause'

Rediff.com13 Aug 2021

'But an overthrow of the Afghan government would really embolden regional militant groups in a big way.' 'LeT and JeM could be emboldened, and prompted to replicate in Kashmir what the Taliban did in Afghanistan.'

Windies pull out of India tour damaged cricket's integrity: ICC

Windies pull out of India tour damaged cricket's integrity: ICC

Rediff.com10 Nov 2014

Terming the controversial pull-out by West Indies midway their India tour as "unacceptable", the ICC has warned players against taking contractual matters into their own hands and hinted that they could be penalized by disallowing them to play in domestic tournaments like IPL if they repeat such acts in future.

Budget goodies for GIFT City, markets likely

Budget goodies for GIFT City, markets likely

Rediff.com11 Jan 2016

Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.

RBI unsatisfied with MCLR, asks banks to lower rates further

RBI unsatisfied with MCLR, asks banks to lower rates further

Rediff.com2 Aug 2017

The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive.

SCO summit: Another chance to improve India-China ties

SCO summit: Another chance to improve India-China ties

Rediff.com13 Jun 2019

'Clearly, the warming of ties can be a 'win-win' for India and China,' says Ambassador M K Bhadrakumar.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

Doordarshan cameraman, 2 cops killed in Naxal attack in Chhattisgarh

Doordarshan cameraman, 2 cops killed in Naxal attack in Chhattisgarh

Rediff.com30 Oct 2018

This is suspected to be a Naxal ambush for security forces. Maoists fired multiple rounds while attacking the vehicle-mounted team, the official said.

Why did India take mithai for Pakistan?

Why did India take mithai for Pakistan?

Rediff.com23 May 2019

'The Indian version is that the two top diplomats merely exchanged pleasantries, while the Pakistani side characterised the encounter as an 'informal dialogue'.' 'The truth, as always in such piquant situations, is somewhere in between.' 'It stands to reason that ice has been broken,' says Ambassador M K Bhadrakumar.

Taliban Treaty: Pakistan's biggest victory since 1947

Taliban Treaty: Pakistan's biggest victory since 1947

Rediff.com3 Mar 2020

'Pakistan's trump card is that it is the only credible guarantor on the horizon who can reasonably assure the Western world that Afghanistan will not again become the revolving door for international terrorism.' 'Trust Pakistan to play this card optimally,' explains Ambassador M K Bhadrakumar.

Centre asks UP, Bihar to prevent dumping of bodies in Ganga

Centre asks UP, Bihar to prevent dumping of bodies in Ganga

Rediff.com16 May 2021

The Centre directed Uttar Pradesh and Bihar on Sunday to prevent dumping of dead bodies in the Ganga and its tributaries, and focus on their safe disposal and a dignified cremation after corpses were seen floating in these rivers following a spurt in the number of coronavirus cases.

FIFA scandal: Banks did not do enough, says global agency

FIFA scandal: Banks did not do enough, says global agency

Rediff.com22 Jun 2015

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.

Why US threats no longer perturb Pakistan

Why US threats no longer perturb Pakistan

Rediff.com22 Feb 2018

'If the US intention was to use the FATF platform to isolate Pakistan and impose sanctions against it, that is not going to work when influential countries such as Turkey, Iran, Saudi Arabia, China and Russia will not lend support to the US campaign,' says Ambassador M K Bhadrakumar.

Pak-based terror groups named in BRICS declaration for first time

Pak-based terror groups named in BRICS declaration for first time

Rediff.com4 Sep 2017

The BRICS also called upon all nations to adopt a comprehensive approach in combating terrorism including countering radicalisation and blocking terror financing sources.

What changed for India after Balakot airstrike?

What changed for India after Balakot airstrike?

Rediff.com5 Mar 2020

A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.

Why no one has gone to jail for money laundering

Why no one has gone to jail for money laundering

Rediff.com13 Jun 2016

The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.

China hails Modi victory. This is why

China hails Modi victory. This is why

Rediff.com23 May 2019

There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.

Why is Pakistan muzzling its terrorists?

Why is Pakistan muzzling its terrorists?

Rediff.com5 Mar 2019

'The Pakistani move to ban militant outfits and placate international opinion and Islamabad's openness to a UN security council resolution on Azhar -- instead of beseeching China to cast yet another veto -- enables Islamabad to occupy the high ground,' notes Ambassador M K Bhadrakumar.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Rishiganga hydro project washed away by glacier burst

Rishiganga hydro project washed away by glacier burst

Rediff.com7 Feb 2021

A 13.2 MW small hydro project on the Rishiganga river was swept away in the glacier burst in Uttarakhand on Sunday, but there is no danger of floods in the downstream areas as the water level has been contained.

G20 leaders vow to fight terror; Paris attacks take centre stage

G20 leaders vow to fight terror; Paris attacks take centre stage

Rediff.com15 Nov 2015

Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.

Mixed results so far on Budget announcements

Mixed results so far on Budget announcements

Rediff.com2 Nov 2015

Experts have started giving comments on provisions that the govt must make in Budget 2016-17.