News for 'Financial Intelligence Unit'

Plot to kill Pannun: India reacts to US indictment

Plot to kill Pannun: India reacts to US indictment

Rediff.com1 Dec 2023

India has constituted a probe team to investigate allegations relating to the foiled plot to kill Gurpatwant Singh Pannun, a Sikh extremist and known to be an American and Canadian citizen.

'Wrong to allege ED is politically motivated'

'Wrong to allege ED is politically motivated'

Rediff.com11 Apr 2022

'Whatever ED officers do -- issue summons, conduct searches or arrest a person -- they have to face the courts.'

Truth in the AI era

Truth in the AI era

Rediff.com19 Mar 2024

Can legislation enable this, asks Ajit Balakrishnan.

I-T recovers Rs 1.64 cr, pens worth Rs 50 lakh from UP IAS officer

I-T recovers Rs 1.64 cr, pens worth Rs 50 lakh from UP IAS officer

Rediff.com13 Mar 2019

4 luxury SUVs and documents indicating 'benami' assets of Rs 300 crore have been recovered during income tax raids.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Tahawwur Rana stayed in Mumbai hotel ahead of 26/11: Mumbai police

Tahawwur Rana stayed in Mumbai hotel ahead of 26/11: Mumbai police

Rediff.com26 Sep 2023

Pakistani-origin Canadian businessman Tahawwur Rana, a key accused in the 26/11 terror attacks case, stayed at a hotel in Mumbai's Powai area for two days in November 2008 ahead of the attacks, where he discussed about the crowded places in south Mumbai with a witness in the case, the police said on Tuesday.

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.

'Fake TRPs' case: Republic TV CFO doesn't appear before cops

'Fake TRPs' case: Republic TV CFO doesn't appear before cops

Rediff.com10 Oct 2020

Despite summons, Republic TV's chief financial officer (CFO) did not appear before the Mumbai police on Saturday to record his statement in connection with the TRP manipulation racket, saying the channel has approached the Supreme Court in the case, a senior official said.

Budget: FM may announce policy to combat black money

Budget: FM may announce policy to combat black money

Rediff.com23 Feb 2015

PAN could be used by the probe agencies.

Biggest perpetrator of terrorism: India slams Pak at UN

Biggest perpetrator of terrorism: India slams Pak at UN

Rediff.com7 Oct 2021

"We call on Pakistan to stop cleansing their own minorities including Hindus, Christians, Sikhs, Buddhists and others," Bhat said.

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

Is it time to end a 150-year-old tradition and move to a Jan-Dec financial year?

Is it time to end a 150-year-old tradition and move to a Jan-Dec financial year?

Rediff.com22 Dec 2016

The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.

Google to set up AI research unit in Bengaluru

Google to set up AI research unit in Bengaluru

Rediff.com19 Sep 2019

Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.

SIT on black money to hold first meet on Monday

SIT on black money to hold first meet on Monday

Rediff.com1 Jun 2014

The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on Monday.

India, Qatar ink 7 agreements to boost cooperation

India, Qatar ink 7 agreements to boost cooperation

Rediff.com5 Jun 2016

Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.

I-T dept starts analysing deposits post note ban

I-T dept starts analysing deposits post note ban

Rediff.com28 Dec 2016

The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.

CBI may probe tax evasion by Haryana builders

CBI may probe tax evasion by Haryana builders

Rediff.com15 Apr 2016

These builders had collected the taxes from prospective buyers but had failed to deposit them.

Atmanirbharta Complicates India-US Arms Deals

Atmanirbharta Complicates India-US Arms Deals

Rediff.com17 Feb 2024

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.

FMCG supply gridlock: Demand falls, inventory adds up

FMCG supply gridlock: Demand falls, inventory adds up

Rediff.com22 Nov 2023

The supply chain for fast-moving consumer goods (FMCG) companies is seeing congestion due to persistently low demand. This has led to an increase in inventory days, with stocks accumulating at distributors and compelling them to extend higher credit periods to retailers. Distributors, Business Standard spoke to, revealed that demand inventory days have more than doubled in some cases, forcing them to offer credit terms as long as 45 days to retailers, as consumer offtake continues to face pressure.

Forex scam: Banks face Sebi scrutiny

Forex scam: Banks face Sebi scrutiny

Rediff.com19 Oct 2015

State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Rediff.com3 Oct 2016

About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government

Here is how US media covered Modi's maiden state visit

Here is how US media covered Modi's maiden state visit

Rediff.com23 Jun 2023

In a full-page coverage inside The Washington Post, the paper notes 'In Prime Minister's address before Congress, Modi puts his focus on growth.'

World needs to unite on fighting terror: Modi at UNGA

World needs to unite on fighting terror: Modi at UNGA

Rediff.com27 Sep 2019

The prime minister lamented on the lack of unanimity amongst the member states on the issue of terrorism, saying it dents those very principles, that are the basis for the creation of the United Nations.

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

Pak Army Chief Is In No Mood To Forgive Imran Khan

Pak Army Chief Is In No Mood To Forgive Imran Khan

Rediff.com6 Mar 2023

The military establishment is in no mood to forgive or forget Imran's anti-military utterances, observes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.

Pakistan's new Army chief oversaw attack on CRPF convoy in Pulwama

Pakistan's new Army chief oversaw attack on CRPF convoy in Pulwama

Rediff.com24 Nov 2022

Munir was among those in Pakistan who oversaw the 2019 Pulwama terror attack, according to Tilak Devasher, a member of the National Security Advisory Board (NSAB) and who retired as Special Secretary, Cabinet Secretariat.

Customs dept needs major technological overhaul: Tax panel

Customs dept needs major technological overhaul: Tax panel

Rediff.com28 Sep 2014

The Parthasarathy Shome committee gives its second reform report to finance ministry.

GST authorities quiz auto dealers on fake invoicing

GST authorities quiz auto dealers on fake invoicing

Rediff.com26 Apr 2023

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.

Benami property transactions on I-T radar

Benami property transactions on I-T radar

Rediff.com31 Dec 2016

Income tax officials have directed property dealers and registration authorities to prepare a list of top property deals that have taken place in the last three years.

World's 10 best cities to live in

World's 10 best cities to live in

Rediff.com5 Mar 2015

Vienna is the world's best city to live in.

ISIS terror funding: India meets global eco powers in Paris

ISIS terror funding: India meets global eco powers in Paris

Rediff.com13 Dec 2015

India along with major world economies is participating in the first-ever global meeting being held here to discuss and evolve mechanisms to combat the clandestine and largely undetected terrorist financing network of the Islamic State terror group.

US says Fed not involved in clearing India's Iran oil dues

US says Fed not involved in clearing India's Iran oil dues

Rediff.com24 Jun 2014

The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.

New General to lead Ukraine war as Russia fails to capture Kyiv

New General to lead Ukraine war as Russia fails to capture Kyiv

Rediff.com10 Apr 2022

There is speculation that Russia's general has a goal of representing Putin with some battlefield progress ahead of the 'Victory Day' on May 9, CNN reported on Sunday citing military analysts and US officials familiar with intelligence assessments.

Margins remain a pain point for organised FMCG supply-chain companies

Margins remain a pain point for organised FMCG supply-chain companies

Rediff.com16 Jun 2023

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.

Why short-term boost is NOT likely for auto stocks

Why short-term boost is NOT likely for auto stocks

Rediff.com19 Jan 2023

Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.

Delhi Police team reaches Zubair's home in Bengaluru

Delhi Police team reaches Zubair's home in Bengaluru

Rediff.com30 Jun 2022

A four-member team of the Delhi Police on Thursday reached AltNews co-founder Mohammed Zubair's residence in Bengaluru as part of the investigation related to his 2018 tweet that led to his arrest, police said.

Bank of Baroda scam: RBI finds irregularities

Bank of Baroda scam: RBI finds irregularities

Rediff.com15 Feb 2016

CBI and Enforcement Directorate are probing the huge remittances to Hong Kong from the bank.

World's 10 best cities to live in

World's 10 best cities to live in

Rediff.com27 Aug 2015

Melbourne is the world's best city to live in.

Aadhaar must for opening bank a/c, transaction over Rs 50K

Aadhaar must for opening bank a/c, transaction over Rs 50K

Rediff.com16 Jun 2017

The government in Budget 2017 has already mandated seeding of Aadhaar number with Permanent Account Number to avoid individuals using multiple PANs to evade taxes.