News for 'Treasury's Office of Foreign Assets Control'

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.

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.

Murthy-Amazon tax dispute draws in son-in-law Sunak

Murthy-Amazon tax dispute draws in son-in-law Sunak

Rediff.com14 Jun 2021

"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.

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.

Russia's Rosneft-led group acquires Essar Oil for nearly Rs 88,000 crore

Russia's Rosneft-led group acquires Essar Oil for nearly Rs 88,000 crore

Rediff.com15 Oct 2016

Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.

Pakistan EC disqualifies former PM Imran Khan for 5 years

Pakistan EC disqualifies former PM Imran Khan for 5 years

Rediff.com21 Oct 2022

Pakistan's Election Commission on Friday disqualified former prime minister Imran Khan for five years in the Toshakhana case for hiding proceeds from the sale of gifts he received from foreign leaders.

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Rediff.com5 Mar 2019

According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.

'Higher volatility to persist due to fiscal slippage'

'Higher volatility to persist due to fiscal slippage'

Rediff.com7 Mar 2018

'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'

Pak seals JuD HQ; detains over 120 suspected terrorists

Pak seals JuD HQ; detains over 120 suspected terrorists

Rediff.com7 Mar 2019

At least 56 seminaries and facilities being run by JuD and its wing FIF in Pakistan's southern Sindh province have been taken over by authorities.

Cabinet okays SBI mega merger with 5 associates

Cabinet okays SBI mega merger with 5 associates

Rediff.com15 Feb 2017

Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks.

Everything you need to know about Dawood's auctioned properties

Everything you need to know about Dawood's auctioned properties

Rediff.com15 Nov 2017

Everything you need to know about the three properties belonging to Dawood Ibrahim, which were auctioned on Tuesday.

The RBI has lost credibility and needs a revamp

The RBI has lost credibility and needs a revamp

Rediff.com16 Jan 2017

'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Modi and Obama set out to create a model for the world

Modi and Obama set out to create a model for the world

Rediff.com1 Oct 2014

Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.

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