News for 'Financial Intelligence Unit'

US designates 3 Pakistanis as global terrorists

US designates 3 Pakistanis as global terrorists

Rediff.com1 Aug 2018

LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.

US slaps sanctions against Pakistan-based terrorists

US slaps sanctions against Pakistan-based terrorists

Rediff.com8 Feb 2018

The Trump Administration called on the Pakistani government to deny sanctuaries to 'dangerous' individuals and organisations.

Ola reports first-ever operating profit of Rs 90 cr in FY21

Ola reports first-ever operating profit of Rs 90 cr in FY21

Rediff.com2 Nov 2021

Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.

How roads are turning smart with IoT, AI, telematics

How roads are turning smart with IoT, AI, telematics

Rediff.com25 May 2021

Roads are becoming smarter even if the people driving on it are not. A set of smart technologies is making construction, maintenance, and traffic management much more efficient.

Curb betting in cricket to check black money: SIT

Curb betting in cricket to check black money: SIT

Rediff.com24 Jul 2015

The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.

Why Didn't India Reach Out to the Taliban?

Why Didn't India Reach Out to the Taliban?

Rediff.com10 Sep 2021

If New Delhi finds itself out in the cold in Afghanistan, both the Congress-led UPA and BJP-led NDA have only themselves to blame. Each has been in power for a full decade from 2001, without reaching out to the Taliban, points out Ajai Shukla.

I-T raids on offices of Jaya TV, associates over suspected tax evasion

I-T raids on offices of Jaya TV, associates over suspected tax evasion

Rediff.com9 Nov 2017

The searches at the Tamil television channel were conducted over alleged tax evasion.

Will US Stall Russian Arms Sales To India?

Will US Stall Russian Arms Sales To India?

Rediff.com5 Mar 2022

New Delhi is vulnerable to US sanctions under a 2017 law called CAATSA.

Where does India fit in a Chinese world order?

Where does India fit in a Chinese world order?

Rediff.com14 Jul 2021

'India finds itself in an unenviable situation today with its prospects diminished by acutely polarised domestic politics and the setbacks suffered during the pandemic,' notes Ambassador Shyam Saran, the former foreign secretary.

Centre, states look to tighten GST registration process

Centre, states look to tighten GST registration process

Rediff.com17 Nov 2020

The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing. A meeting of the law committee of the GST Council has been convened on Wednesday to discuss these issues, finance ministry sources said. The committee, comprising senior central and state tax officers, would also discuss the GST fake invoice frauds, further tightening of the GST registration process and work out other legal measures including necessary law amendment required in the GST Act to curb the menace of fake invoicing, they added. Also the provisions related to deemed registration under Goods and Services Tax (GST) law may be tightened to prevent the misuse of such provisions by fake dealers and the provisions related to suspension of registration may also be streamlined to make the procedure of suspension and cancellation of registration more efficient and faster, so that such fraud operators can be prevented in time from continuing to pass on fake credit down the chain.

India, Russia ink key pact for 2 nuclear power units

India, Russia ink key pact for 2 nuclear power units

Rediff.com1 Jun 2017

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.

2 arrested in connection with blast outside Hafiz Saeed's house

2 arrested in connection with blast outside Hafiz Saeed's house

Rediff.com24 Jun 2021

Pakistani security agencies on Thursday arrested two suspects involved in the car bomb blast outside the house of the 2008 Mumbai terror attack mastermind and chief of the banned Jamat-ud-Dawah (JuD) Hafiz Saeed, an official said.

26/11 attack mastermind Lakhvi arrested in Pakistan

26/11 attack mastermind Lakhvi arrested in Pakistan

Rediff.com2 Jan 2021

Lakhvi, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department.

Doval highlights increasing rivalries in Indian Ocean at maritime security meet

Doval highlights increasing rivalries in Indian Ocean at maritime security meet

Rediff.com30 Jun 2022

National Security Advisor Ajit Doval on Thursday called for seamless coordination among various agencies involved in protecting India's maritime interests in the face of emerging security challenges and increasing rivalries and competitions in the Indian Ocean.

US names Hafeez Saeed's JuD as terror outfit

US names Hafeez Saeed's JuD as terror outfit

Rediff.com26 Jun 2014

Tightening its noose around the Lashkar-e-Tayiba, the United States has added its affiliates, including the Jamaat-ud-Dawa, to its list of designated terror organisations and slapped sanctions against two Pakistan-based LeT leaders.

99% of scrapped 500, 1,000 notes back in system: RBI

99% of scrapped 500, 1,000 notes back in system: RBI

Rediff.com30 Aug 2017

Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

Amazon India posts nearly $1 billion loss

Amazon India posts nearly $1 billion loss

Rediff.com4 Nov 2018

In comparison, Flipkart India, the marketplace unit of the country's largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.

Jaish terrorists planned 'major attack' on 26/11; PM holds security meet

Jaish terrorists planned 'major attack' on 26/11; PM holds security meet

Rediff.com20 Nov 2020

Prime Minister Narendra Modi held a review meeting with Union Home Minister Amit Shah, National Security Advisor (NSA) Ajit Doval, Foreign Secretary Harsh Vardhan Shringla and top intelligence establishment over the Nagrota encounter in which four terrorists were neutralised, government sources said.

SoftBank-backed Ola raises $500-mn term loan

SoftBank-backed Ola raises $500-mn term loan

Rediff.com17 Dec 2021

IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.

Money laundering scam turns out murkier than expected

Money laundering scam turns out murkier than expected

Rediff.com28 Oct 2015

The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.

When Biju Patnaik reached out to US to counter China

When Biju Patnaik reached out to US to counter China

Rediff.com21 Dec 2020

Rup Narayan Das reveals the towering Odisha leader's role in improving national security after the 1962 War with China.

Hindujas's 1.2 Billion Project Makes Waves

Hindujas's 1.2 Billion Project Makes Waves

Rediff.com22 Jan 2022

'Our family philosophy is to build a bridge between India and Britain.'

Nations must ensure cryptocurrency does not end in wrong hands: PM

Nations must ensure cryptocurrency does not end in wrong hands: PM

Rediff.com18 Nov 2021

Modi cautioning that cryptocurrency can spoil the youth.

'US Won't Pressure India On Russia'

'US Won't Pressure India On Russia'

Rediff.com27 Oct 2022

'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'

Jaitley welcomes Panama expose, says none will be spared

Jaitley welcomes Panama expose, says none will be spared

Rediff.com4 Apr 2016

Jaitley said, "I welcome this investigation. I think it is a healthy step that these kind of exposes are being made. I have been repeatedly saying that the world is now going to increasingly become more transparent, countries are cooperating with each other and slowly all this information is going to come out as a result of various global initiatives which have been launched."

Doval pitches for action plan by SCO against Pak-based terror groups

Doval pitches for action plan by SCO against Pak-based terror groups

Rediff.com24 Jun 2021

National Security Advisor Ajit Doval has pitched for an 'action plan' against Pakistan-based terror groups Lashkar-e-Tayiba and Jaish-e-Mohammed under the framework of eight-nation grouping Shanghai Cooperation Organisation (SCO) and called for expeditiously bringing the perpetrators of terror attacks to justice.

Agencies received intel alert on Red Fort violence

Agencies received intel alert on Red Fort violence

Rediff.com28 Jan 2021

Sources claimed that in the meeting, it was also discussed to close the Red fort from 20th January to 27th January and a clarification was sought from Delhi Police.

US Is Back In Business In Afghanistan

US Is Back In Business In Afghanistan

Rediff.com13 Oct 2021

Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.

Bill introduced in US House to end non-defence aid to Pakistan

Bill introduced in US House to end non-defence aid to Pakistan

Rediff.com6 Feb 2018

The lawmakers alleged that Pakistan "knowingly" provides resources to terrorists.

Govt preparing game plan to check corporate frauds: Pilot

Govt preparing game plan to check corporate frauds: Pilot

Rediff.com11 Sep 2013

The measures needed for implementing this new system would start rolling in few weeks, the minister added.

World's 10 cheapest cities to live in, 3 are from India

World's 10 cheapest cities to live in, 3 are from India

Rediff.com4 Mar 2015

Karachi is the world's cheapest cities to live in.

World seeing 'explosion' in power seizures by force: UN chief to world leaders

World seeing 'explosion' in power seizures by force: UN chief to world leaders

Rediff.com21 Sep 2021

The world is seeing an "explosion" in seizures of power by force and military coups are back, UN Secretary General Antonio Guterres told world leaders on Tuesday, lamenting that geopolitical divisions are undermining international cooperation as he called for strengthening global governance and re-igniting multilateralism.

Afghan keeper Shahzad reports spot-fixing approach

Afghan keeper Shahzad reports spot-fixing approach

Rediff.com24 Sep 2018

Afghanistan wicketkeeper-batsman Mohammad Shahzad has reported a spot-fixing approach for the upcoming Afghan Premier T20 League to be held in Sharjah from October 5-23.

Can the water crisis hurt India's growth?

Can the water crisis hurt India's growth?

Rediff.com21 Jun 2019

Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.

20 years of India's insurance sector

20 years of India's insurance sector

Rediff.com19 Sep 2021

Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.

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.

'Hamid Ansari Defeated Pakistan's Intent In UN And Today You Are Questioning Him?'

'Hamid Ansari Defeated Pakistan's Intent In UN And Today You Are Questioning Him?'

Rediff.com14 Jul 2022

'Every Indian knows why the BJP is targeting Hamid Ansari.'

India slips to 42nd place on EIU Democracy Index; US at 21st

India slips to 42nd place on EIU Democracy Index; US at 21st

Rediff.com31 Jan 2018

India has moved down from 32nd place last year and remains classified among 'flawed democracies'.

Cong's Manish Tewari criticises UPA govt for 26/11 response

Cong's Manish Tewari criticises UPA govt for 26/11 response

Rediff.com23 Nov 2021

In the book 10 Flashpoints: 20 years that is set to be released on December 2, the former union minister has looked back at the security situations that have impacted India in the last two decades.