News for 'UK Central Authority'

India's Covid vaccine hope rolls over to 2021; panel to meet again on Jan 1

India's Covid vaccine hope rolls over to 2021; panel to meet again on Jan 1

Rediff.com31 Dec 2020

The expert committee sought more information from Serum Institute regarding the Oxford-AstraZeneca vaccine.

Resolution seeking probe into Stan Swamy's death introduced in US Congress

Resolution seeking probe into Stan Swamy's death introduced in US Congress

Rediff.com6 Jul 2022

A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.

Will Nirav Modi also be held at Mumbai's Arthur Road jail?

Will Nirav Modi also be held at Mumbai's Arthur Road jail?

Rediff.com29 Mar 2019

The central government has already conducted an assessment of security cover given to prisoners in the Arthur Road Jail and its findings conveyed to the UK court.

Moody's, Fitch downgrade Russia's rating to 'junk' following sanctions by West

Moody's, Fitch downgrade Russia's rating to 'junk' following sanctions by West

Rediff.com3 Mar 2022

Moody's and Fitch on Thursday downgraded Russia's sovereign rating to 'junk' grade following severe sanctions by western countries. While Moody's Investors Service downgraded Russia's long-term issuer and senior unsecured (local-and foreign-currency) debt ratings to 'B3' from 'Baa3', Fitch pulled down the rating on the country to 'B' from 'BBB', putting it on 'Rating Watch Negative'. The downgraded rating is in speculative or junk category reflecting default risk. It signifies that even through financial commitments are currently being met, the sovereign is vulnerable to high credit risk.

RBI Governor Is A Trapeze Artist

RBI Governor Is A Trapeze Artist

Rediff.com28 Dec 2022

Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.

e-Rupee: An Idea Whose Time Has Come?

e-Rupee: An Idea Whose Time Has Come?

Rediff.com24 Nov 2022

The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.

Will India manage to grow at 6.8% in FY24?

Will India manage to grow at 6.8% in FY24?

Rediff.com22 Mar 2023

The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.

PNB scam: Nirav Modi to know his fate on Thu

PNB scam: Nirav Modi to know his fate on Thu

Rediff.com24 Feb 2021

Wanted diamond merchant Nirav Modi, who remains behind bars in a London prison as he contests his extradition to India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case, will find out the UK court's ruling in the nearly two-year-long legal battle on Thursday. The 49-year-old is expected to appear via videolink from Wandsworth Prison in south-west London at Westminster Magistrates' Court, where District Judge Samuel Goozee is set to hand down his judgment on whether the jeweller has a case to answer before the Indian courts. The magistrates' court ruling will then be sent back to UK Home Secretary Priti Patel for a sign off, with the possibility of appeals in the High Court on either side depending on the outcome.

Nirav Modi to move 2nd bail plea in London on Friday

Nirav Modi to move 2nd bail plea in London on Friday

Rediff.com26 Mar 2019

"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.

Imran Khan's party calls for nationwide shutdown, to challenge arrest

Imran Khan's party calls for nationwide shutdown, to challenge arrest

Rediff.com10 May 2023

Pakistan is bracing for another day of violence that broke out in many cities after the arrest of former prime minister Imran Khan for alleged corruption with the leaders of his party announcing a countrywide strike on Wednesday to protest against the fascist government.

Serum Inst gets DGCI notice over continuation of vaccine trial

Serum Inst gets DGCI notice over continuation of vaccine trial

Rediff.com9 Sep 2020

The show-cause notice was issued following reports that human trials of the most promising COVID-19 vaccine candidate, being developed by the University of Oxford, have been put on hold after a United Kingdom participant had an adverse reaction to it.

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

Rediff.com25 Feb 2021

The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.

Serum Institute gets nod to resume vaccine trial in India

Serum Institute gets nod to resume vaccine trial in India

Rediff.com16 Sep 2020

SII has been asked to submit to the DCGI's office details of medication used in accordance with the protocol for management of adverse events.

Mallya extradition case: Boost for CBI; next hearing on July 11

Mallya extradition case: Boost for CBI; next hearing on July 11

Rediff.com27 Apr 2018

The judge confirmed that the bulk of the evidence submitted by the Indian authorities will be admissible

Why Has RBI Scrapped Polymer Currency Notes Idea?

Why Has RBI Scrapped Polymer Currency Notes Idea?

Rediff.com9 Mar 2022

The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.

WHO rejects SII's proposal to extend Covishield's shelf life

WHO rejects SII's proposal to extend Covishield's shelf life

Rediff.com8 Apr 2021

The move comes even as India's drug regulator has extended Covishield's shelf life from six to nine months from its manufacturing date.

2021 may turn out to be India's year of IPOs: RBI

2021 may turn out to be India's year of IPOs: RBI

Rediff.com17 Aug 2021

The year 2021 could turn out to be India's year of IPO with the domestic unicorns through their public issues setting "domestic stock markets on fire and global investors in a frenzy", an RBI article said on Tuesday. The successful Initial Public Offerings (IPOs) by new age companies in the recent months are a reflection of bullishness about Indian technology, it said. "...growth impulse is igniting financial markets. 2021 could well turn out to be India's year of the IPO.

China buckles under global pressure, hints at relaxing Covid curbs

China buckles under global pressure, hints at relaxing Covid curbs

Rediff.com29 Nov 2022

Seeking to address international concerns, foreign ministry spokesman Zhao Lijian said China has been adjusting the zero-COVID policy based on the changing circumstances.

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

Chinese incursions into India strategically planned: Study

Chinese incursions into India strategically planned: Study

Rediff.com11 Nov 2022

In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.

Bofors: UK may defreeze Quattrocchi's accounts

Bofors: UK may defreeze Quattrocchi's accounts

Rediff.com11 Jan 2006

The CBI move might lead to deferring of the two accounts.

2000 match-fixing kingpin to be extradited to India soon

2000 match-fixing kingpin to be extradited to India soon

Rediff.com20 Jan 2020

UK awaits final court orders to extradite Sanjeev Chawla to India

Bofors: India sends Letters Rogatory to UK

Bofors: India sends Letters Rogatory to UK

Rediff.com22 Jul 2003

The CBI has sent a Letters Rogatory requesting freezing of Rs 21 crore in the name of Ottavio Quattrocchi, the main accused in the Rs 64 crore scam.

Pfizer withdraws emergency use for its Covid vaccine in India

Pfizer withdraws emergency use for its Covid vaccine in India

Rediff.com5 Feb 2021

An expert panel of the country's drugs regulatory authority had recommended against granting such approval to the firm at this stage just two days ago, officials said.

Nirav Modi 'only thinks of cutting or hanging if extradited'

Nirav Modi 'only thinks of cutting or hanging if extradited'

Rediff.com11 Oct 2022

The high court in London on Tuesday began hearing evidence from two leading experts in the field of psychiatry to determine the level of suicide risk faced by Nirav Modi if he is extradited to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay heard from Andrew Forrester, Professor of Forensic Psychiatry at Cardiff University, and Seena Fazel, Professor of Forensic Psychiatry at Oxford University, in the final stages of the extradition appeal being pursued by the 51-year-old diamond merchant. The two psychiatrists weighed up Nirav's level of depression, which could pose a "substantial" or "elevated" risk of suicide.

Will Nirav Modi be extradited to India by the end of 2020?

Will Nirav Modi be extradited to India by the end of 2020?

Rediff.com7 Sep 2020

Modi is subject to two sets of criminal proceedings, the first brought by the CBI relating to a large-scale fraud said to have been committed upon PNB and the ED case, relating to the laundering of the proceeds of that fraud.

Pfizer tells India its vaccine 'highly effective' on Covid variant

Pfizer tells India its vaccine 'highly effective' on Covid variant

Rediff.com26 May 2021

Providing data, it said UK's Public Health England has reported high vaccine effectiveness (87.9 per cent) against the B.1.617.2 variant, most reported in India, in an observational study (concluded on May 22, 2021).

DCGI orders Serum to suspend recruitment for COVID-19 vaccine trials

DCGI orders Serum to suspend recruitment for COVID-19 vaccine trials

Rediff.com11 Sep 2020

The DCGI also directed Serum Institute of India to increase the safety monitoring of the subjects already vaccinated as part of the trial, and submit the plan and report.

Omicron: Airports ready to implement new health norms

Omicron: Airports ready to implement new health norms

Rediff.com30 Nov 2021

Under the new norms, passengers coming from 12 'at risk' countries/regions undergo an RT-PCR test and wait for result at the airport before leaving or taking a connecting flight

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

International flights remain suspended till July 31

International flights remain suspended till July 31

Rediff.com3 Jul 2020

The aviation regulator DGCA said on Friday that it was extending the suspension of scheduled international passenger flights in the country till July 31 but added that some international scheduled services on selected routes may be permitted on a case to case basis. Scheduled international passenger flights were suspended in India on March 23 due to the coronavirus pandemic.

Can Modi Halt The Brutal Ukraine War?

Can Modi Halt The Brutal Ukraine War?

Rediff.com2 Nov 2022

India has maintained communication with both Russia and Ukraine. It is time Narendra Modi steps up on the world stage and plays the role of peacemaker, suggests military historian Colonel Anil A Athale (retd).

US Embassy apology to UK Muslim leader

US Embassy apology to UK Muslim leader

Rediff.com18 Jul 2005

A federal security official on Thursday said Badawi's name appeared on a US terror watch list, but provided no further details.

Ex-Maldives VP, who sought asylum in India, sent back

Ex-Maldives VP, who sought asylum in India, sent back

Rediff.com3 Aug 2019

Adheeb was not allowed to enter India since he did not possess valid documents.

Nirav Modi's extradition trial to begin on May 11

Nirav Modi's extradition trial to begin on May 11

Rediff.com29 Apr 2020

The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

Mallya loses plea against extradition, has 14 days to appeal

Mallya loses plea against extradition, has 14 days to appeal

Rediff.com20 Apr 2020

Embattled liquor tycoon Vijay Mallya on Monday lost his high court appeal against his extradition order to India in relation to charges of fraud and money laundering amounting to an alleged Rs 9,000 crores.

Nirav Modi extradition: CBI-ED team to leave for London

Nirav Modi extradition: CBI-ED team to leave for London

Rediff.com27 Mar 2019

The ED officer will carry the latest charge sheet filed by the agency against Modi's wife Ami and the recent attachments made by it in the case.

Ola to launch services in London after Uber ban

Ola to launch services in London after Uber ban

Rediff.com27 Nov 2019

Over 50,000 licenced drivers will now be assured that they can continue to provide mobility services in London. Drivers can initiate their registration on the Ola app.

CBI, ED will respond to Mallya's allegations by Nov 3

CBI, ED will respond to Mallya's allegations by Nov 3

Rediff.com18 Oct 2017

In the 25-page defence evidence affidavit, which was served to the UK Crown Prosecution Service, Mallya is learnt to have alleged that his was a case of "political vendetta" and "loss-making business".

Mallya repeats offer of 100% payback for Indian banks

Mallya repeats offer of 100% payback for Indian banks

Rediff.com29 Apr 2019

He claims that his offer to pay back the debt owed by his now-defunct airline had been rebuffed by the banks and the Indian government.