The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.
The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. According to the latest data from US-based Centers for Medicare and Medicaid Services (CMMS), price erosion in calendar year 2024 (CY24) on a year-to-date (YTD) basis stood at a high of 15 per cent in the oral solid dosage (OSD) segment compared to a low of 1 per cent in CY23. This erosion, according to a report by Antique Stock Broking, was the highest in the last three years.
Hedge fund redemptions and margin calls on leveraged investors will trigger further selling.
'India has started appearing on the radar of foreign retail investors.'
The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.
The BJP chief said the ED and the CBI have taken prompt action in the Nirav Modi case.
'All governments try owning the message, but the Modi-Shah BJP has developed it into a fine art.'
Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.
Finding an increasing pool of professionals being dismissed, start-ups and others are improvising to offer emotional support and career guidance.
If there is a morality tale here, it is that debt and death spare no king.
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
Building a global brand was Choksi's idea, which Modi borrowed from him.
The police arrested 46 troublemakers in Mumbai.
There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
'Change is the rule of politics.'
Shah said the Opposition's 'irresponsible' conduct caused a loss of over Rs 333 crore of public money and the ruling National Democratic Alliance MPs' decision to forgo their salaries was a 'call of conscience'.
'Modi had promised to deposit money in the accounts of people, but he has done it only in the case of some rich businessmen like the Ambanis'
He also attacked Modi on the CBSE question papers leak and on the 'leak' of assembly election date for Karnataka, saying Modi was silent on these issues too.
The bench also extended the interim protection from arrest granted to Chidambaram till September 5.
'The Modi-Shah duo won't leave the war zone without putting up a tough fight.' 'Modi's slogan for 2019 could well be, "I have done much. Give me one more chance to do even more".' '2019 will be tough for the BJP.' 'But it will be even tougher for the Opposition -- united or otherwise,' says R Rajagopalan.
The first of its kind, a gem bourse to cater to the needs of the gemstone industry of the Pink City where all the business could be transacted under one roof, would soon become a reality.
'I am not a Hinduwadi leader, but a nationalist leader. I am a leader of every religion, every caste, every language and every class'
Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
'Teaching lessons is the objective behind every school.' 'For the moment, a state seems intent to teach a lesson -- that students of Classes 4, 5 and 6 can wage war against the mighty Indian nation,' says Krishna Prasad.
Round-up of the Ranji Trophy games being played in different parts of the country
A sightholder is a company on the Diamond Trading Company's list of authorised bulk purchasers of rough diamonds.
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Young and in-form Baba Aparajith smashed his second first-class double hundred while Ramaswamy Prasanna scored an unbeaten half-century to guide Tamil Nadu to a formidable position against Services at the end of second day's play in the Ranji Trophy Group B match in New Delhi on Monday.
Rahul exuded confidence that his party will emerge victorious in Karnataka, Rajasthan, Madhya Pradesh and Chhattisgarh assembly polls and defeat the BJP in the 2019 general polls.
The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.
The event, organised by Deutsche Messe AG, is held each year at the Hanover fairground, the world's largest, in Hanover, Germany.
From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.
Captain Yuvraj Singh fell cheaply in his Ranji Trophy season opener before Uday Kaul and Gurkeerat Singh led Punjab's recovery against Railways on day two of the Group A match, in New Delhi, on Friday.
Eager to make a comeback to the Indian Test team, Punjab skipper Harbhajan Singh claimed a sensational six-wicket haul to skittle out Odisha for 205 in their first innings on the opening day of a Group A Ranji Trophy match in Mohali.
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