'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The Enforcement Directorate on Wednesday continued raids for the seventh day as it visited 17 locations across the country, including four shell companies in Mumbai, even as the Income Tax department attached assets worth Rs 145 crore in the alleged Rs 11,400-crore Punjab National Bank fraud.
Delhi has earned the dubious distinction of being the most unsafe metro in the country, topping the list in number of crimes as well as in atrocities on women and children.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
'Silencing citizens has become a major institutional process under this regime.' 'The anti-Indian argument is a bogey -- meant to silence independent thinking people in India and turn us into goats and sheep.'
Do you know that your application can get rejected on account of a not so perfect CIBIL score?
Now we must first compete with Bangladesh. This is not what we had been promised, notes Aakar Patel.
India's unemployed, the report said, were mostly those with higher education degrees and the young.
China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.
7 million jobs will be created in formal sector in FY18
They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.
Modi said it was Patels' timely intervention which helped save J-K from "aggression".
New Delhi also has the dubious distinction of topping the NCRB list in cases of murder, kidnapping and abduction, juveniles in conflict and economic offences.
The Left and Congress said that the PM should have been more respectful and sensitive in his speech.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
After an Intelligence Bureau report warning the PMO against non-profit bodies, the home ministry is likely to order an SIT probe into their functioning, reports Vicky Nanjappa.
The other accused in the case was acquitted by the court.
Prospects of China hiking interest rates increased as inflation rose to 3.1 per cent in May, surpassing the government target of 3 per cent.
The Congress officially said the party stands in support of its senior leader while accusing the government of "persecuting" its citizens for speaking truth to power.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
The report mentioned the Central Bureau of Investigation raid on NDTV, exit of Bobby Ghosh as the editor of Hindustan Times and arrest of cartoonist G Bala.
'One of R&AW's greatest achievements is in projecting itself as benign.' 'This work -- done in tandem with the Diaspora and the MEA -- sells a story of India as mostly the victim.'
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
An I-T probe, sources said, was on to trace the recipient of the reported transfer into a multi-national bank in Singapore.
The agency was probing the rotation of funds and the role of front companies used in rotation of funds, sources said. They added that the conduct of the regulators was also being probed and, if need be, some officials may also be probed. Experts, including CAs from the Institute of Chartered Accountants of India and the Institute of Cost and Works Accountants of India are assisting the CBI in probing the role of regulators in this case.
According to an order issued by the Central Board of Direct Taxes, the department will share 'bulk information', starting from Permanent Account Number (PAN) to the taxpayer's name and all the individual data that it captures like father's name, gender, date of birth, photograph and signature or thumb impression.
The notice, the sources said, was issued on Tuesday to Anita Singhvi and that she was asked to explain how much she had paid in cash and through cheque to purchase the valuables and jewellery a few years back. It is understood that the I-T feels that about Rs 1.5 crore was paid by cheque for the purchase of the jewellery, while about Rs 4.8 crore was paid in cash by Anita Singhvi.
Modi, who was in France on the first leg of his three-nation tour, said there have been a number of constructive changes in the last five years.
Shahbaz was allegedly involved in the corruption of Rs14 billion Ashiana Housing project and Rs 4 billion Punjab Saaf Pani Company scams.
'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.
Travelling in trains passing through Bihar and Uttar Pradesh is full of risk for passengers. The safety of passengers are threatened by frequent train dacoities and other crimes.
While the total capacity of 1,336 jails is 2,63,911, the facilities had 3,73,271 inmates, the report by the National Crime Records Bureau for 2006 said. Among the total inmates in the country, males accounted for 3,58,614, which is 96.1 per cent of the total prison population.
"Our preliminary estimates show we may have to provide for around Rs 60 billion in the balance sheet for the quarter ending on March. The due date for LoUs amounting to Rs 60 billion is falling in the present quarter. This will be a contingent liability for the bank," said a senior executive, on condition of anonymity.
Consumption was the major driver, contributing 58.8 per cent to GDP growth
Experts point out teaching in its online avatar helps address women specific concerns, like care-giving responsibilities, lack of safe public and work spaces, and the inability to move to cities.
He is set to be produced from custody before Judge Emma Arbuthnot for the first management hearing in the case, during which a broad timeline is expected for his extradition trial.
China's inflation rate rose to 8.5 per cent in April, bouncing back to hover near 12-year highs, bringing more pressure on government to tame rising prices, identified by it as the "biggest concern".The Consumer Price Index (CPI), main gauge of inflation, rose 8.5 per cent from 8.3 per cent in March and remained close to a nearly 12-year monthly high of 8.7 per cent recorded in February, the National Bureau of Statistics said.
Jamia turned into a battlefield on Sunday as police entered the campus and also used force, following protest against the Act.
'He spoke about 20 jawans in Ladakh, but he couldn't even name China.' 'He said the world had seen what had been achieved, even though we Indians don't know because Modi has himself said that nothing had happened and nobody had come,' points out Aakar Patel.
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