News for 'Office of Foreign Assets Control'

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

India Should Be Battle Ready With China

India Should Be Battle Ready With China

Rediff.com14 Aug 2024

'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).

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.

Pak issues order to seize assets of all UN banned outfits

Pak issues order to seize assets of all UN banned outfits

Rediff.com4 Mar 2019

India handed over a dossier to Pakistan to take action against the JeM, as pressure mounted on Islamabad to take action against individual and organisation listed by the UN Security Council as terrorists.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

'Balanced advantage funds are good option'

'Balanced advantage funds are good option'

Rediff.com30 Jan 2024

'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'

Record Rs 32,000 Crore Seized in Tax Raids

Record Rs 32,000 Crore Seized in Tax Raids

Rediff.com24 Jan 2022

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Pakistan says its nuclear assets completely safe

Pakistan says its nuclear assets completely safe

Rediff.com5 Sep 2013

Pakistan on Thursday said its nuclear assets are completely safe and dismissed the world's suspicions as "baseless" at a meeting of the National Command Authority chaired by Prime Minister Nawaz Sharif.

US blacklists South Africa's Gupta family over widespread corruption

US blacklists South Africa's Gupta family over widespread corruption

Rediff.com10 Oct 2019

The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.

Pak confiscates seminaries, assets of JuD, FIF

Pak confiscates seminaries, assets of JuD, FIF

Rediff.com6 Mar 2019

The confiscation of properties of JuD and FIF comes after Pakistan formally placed them in the list of banned organisations on Tuesday.

Want to invest in foreign equities? Read this

Want to invest in foreign equities? Read this

Rediff.com15 Mar 2021

To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.

India's unabated tryst with Russian crude oil is slowly coming to an end

India's unabated tryst with Russian crude oil is slowly coming to an end

Rediff.com2 May 2023

India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.

UK sanctions Putin's ex-wife, alleged girlfriend

UK sanctions Putin's ex-wife, alleged girlfriend

Rediff.com13 May 2022

Lyudmila Ocheretnaya, the former First Lady of the Russian Federation, is on the list of sanctions for benefiting from preferential business relationships with state-owned entities since her divorce from Putin in 2014.

Bulk of Russian forces 30km from centre of Kyiv: UK

Bulk of Russian forces 30km from centre of Kyiv: UK

Rediff.com26 Feb 2022

Taking to Twitter, the ministry shared the intelligence update and said, 'Russian forces have continued their advance on Kyiv with the bulk of their forces now 30km from centre of the city.'

US charges Honduran football club chief with laundering drug money

US charges Honduran football club chief with laundering drug money

Rediff.com8 Oct 2015

The president of a top Honduras football club and two family members were charged by US authorities on Wednesday with engineering a decade-long scheme to launder drug trafficking and foreign bribery proceeds through US accounts.

US slaps sanctions against Dawood Ibrahim's brother

US slaps sanctions against Dawood Ibrahim's brother

Rediff.com17 Jan 2015

The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company.

What does Fitch downgrade of US credit rating to AA+ mean for the markets?

What does Fitch downgrade of US credit rating to AA+ mean for the markets?

Rediff.com10 Aug 2023

Rating agency Fitch on Tuesday downgraded the US government's top credit rating to AA+ from AAA, citing fiscal deterioration over the next three years and repeated debt ceiling negotiations. The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak. Back home, the S&P BSE Sensex and the Nifty50 lost over 1 per cent each in intra-day deals to hit a low of 65,751.53 and 19,517.55 levels, respectively.

Islamabad summons US envoy over Biden's anti-Pak remark

Islamabad summons US envoy over Biden's anti-Pak remark

Rediff.com15 Oct 2022

Rejecting Biden's comments, Pakistan foreign minister Bilawal at a press conference here said that Pakistan was following the global standards.

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

Rediff.com31 Jul 2018

The designation seek to deny Dakhil the resources to plan and carry out terrorist attacks.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

M&As likely to witness a strong comeback as PEs bet more cash in India

M&As likely to witness a strong comeback as PEs bet more cash in India

Rediff.com5 Sep 2023

Mergers and acquisitions (M&As) in India are expected to stay buoyant, seen over the last three-four years, despite a slowdown in the first seven months of the calendar year. "M&A is a lumpy business activity, and we may suddenly see large deals taking place during the next two quarters of the calendar year. "This would help maintain the streak of strong M&A activity.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

Former Barca defender accused of links with Mexican drug lord

Former Barca defender accused of links with Mexican drug lord

Rediff.com10 Aug 2017

US sanctions Mexico captain Rafa Marquez for alleged drug ties 'I deny categorically any type of relation with this organization'

'Build portfolio in mid-, small caps via SIPs'

'Build portfolio in mid-, small caps via SIPs'

Rediff.com11 May 2023

'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'

Saeed, other JuD leaders still freely using group's offices despite ban

Saeed, other JuD leaders still freely using group's offices despite ban

Rediff.com6 Mar 2018

The government last month had taken over the JuD's famous Muridke Markaz and Lahore's headquarters of Masjid Al Qadsia in Chauburji.

Tax Refund: 'No Response From IT Dept'

Tax Refund: 'No Response From IT Dept'

Rediff.com25 Nov 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

US charges N Korean programmer with WannaCry, other cyberattacks

US charges N Korean programmer with WannaCry, other cyberattacks

Rediff.com7 Sep 2018

Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.

Don't cite US abortion verdict, we've gone ahead, SC tells govt

Don't cite US abortion verdict, we've gone ahead, SC tells govt

Rediff.com27 Apr 2023

The Centre referred to the controversial judgement of the US Supreme Court in the Dobbs case in support of its contention that the judiciary should not venture into the domain of the legislature.

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

Rediff.com9 Mar 2020

While the Congress party has said that the deal was transparent as payment of Rs 2 crore was received by Vadra from Kapoor through cheque and was reflected in income tax returns, the ED is probing if the painting was owned by her or the AICC.

Senior Navy officer to face court martial for fire in INS Sindhuratna

Senior Navy officer to face court martial for fire in INS Sindhuratna

Rediff.com30 Jan 2015

The commanding Officer of INS Sindhuratna will face court martial while 6 other officers were issued letters of "severe displeasure" after being found guilty for the fire onboard the submarine last year, which led to the resignation of then Navy chief Admiral D K Joshi.

Tech Savvy IS chief recruiter in India named global terrorist by US

Tech Savvy IS chief recruiter in India named global terrorist by US

Rediff.com16 Jun 2017

This is for the first time that the US has slammed sanctions against an ISIS leader in India.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

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.

'Market volatility may continue in 2022'

'Market volatility may continue in 2022'

Rediff.com5 Jan 2022

'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

Rediff.com17 Jan 2023

Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.

FPIs regain risk appetite, pump in nearly Rs 8,430 crore in October

FPIs regain risk appetite, pump in nearly Rs 8,430 crore in October

Rediff.com9 Nov 2022

Foreign portfolio investors (FPIs) turned net buyers in October after being net sellers in the previous month. In October, FPIs bought shares worth nearly Rs 8,430 crore ($1 billion) against net selling of Rs 13,405 crore ($1.6 billion) in September. Positive flows during three of the previous four months have pushed the domestic markets towards fresh all-time highs. At present, the Sensex and Nifty are less than 2 per cent shy of breaching record highs logged in October 2021. A rally in equity markets in the US and Europe is in hopes that the Federal Reserve may go soft on rate hikes after its November meeting.