On the eve of United States President Barack Obama's maiden visit to India, the US Treasury on Thursday targeted the financial and support networks of the Lashkar-e-Tayiba and Jaish-e-Mohammed and also took action against Azam Cheema, who helped train operatives for the November 2008 Mumbai attacks and was the "mastermind" behind the July 2006 Mumbai train bombings carried out by LeT.
Three people were killed and over 20 others injured in a bomb blast outside the house of the Mumbai terror attack mastermind and JuD chief Hafiz Saeed in Lahore on Wednesday, the police said.
His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.
The US has slapped additional tough sanctions on Russia's financial services and energy sectors for the failure of Moscow to taken enough steps to address the volatile political situation in Ukraine.
Former chief minister Jagannath Mishra was also found guilty in the case pertaining to fraudulent withdrawal of Rs 37.62 crore from the Chaibasa treasury in the 1990s.
China has blocked a proposal by the US and India at the United Nations to blacklist Abdul Rauf Azhar, the brother of Jaish-e Mohammed (JeM) chief Masood Azhar and the deputy chief of the Pakistan-based terror group, in the second such move by Beijing in less than two months.
On November 10, the US Federal Reserve had approved the application of credit card major to become a bank holding company and the change in status facilitated American Express to explore various government funding and lending programmes. In return to the said loan, American Express will issue and sell preferred stock of about $3.39 billion and warrants to purchase shares of common stock for up to 15 per cent of that amount to the Treasury.
According to the US treasury department, India has slashed its holdings to $31.6 billion in February, while it was at $32.7 billion in January.
With this the federal exchequer has so far received a total of $116 billion of its bailout money.
Saeed's arrest is also being seen as a pressure on Pakistan in connection with its commitment to the Financial Act Task Force whose next deadline is in October.
Take the rediff quiz and find out how much you know about budget.
In June 2013, the same stood at $ 61.2 billion. In April, the holding stood at $ 68.7 billion.
The strange allegation by UAE officials is noted in a State Department cable, which reports the details of a meeting between officials of the US Treasury Department and those of UAE's State Security Department (SSD) and Dubai's General Department of State Security to discuss suspected Taliban-related financial activity in the UAE.
Vikram Pandit-led Citigroup has came under fire from the US President Barack Obama and his administration for purchasing a $50 million jet plane.
A foreign national has been arrested by Pakistani security agencies in connection with the car bomb blast outside the house of the 2008 Mumbai terror attack mastermind and chief of the banned Jamat-ud-Dawa (JuD) Hafiz Saeed in Lahore, according to media reports.
The Obama administration continued to tighten the noose around the Pakistan-based, Inter Services Intelligence-supported terrorist organisation, the Lashkar-e-Tayiba -- responsible for the horrific 26/11 Mumbai terror attacks -- by sanctioning two of its leaders and founding members Zafar Iqbal and Hafiz Abdul Salam Bhuttavi.
The quantum of punishment will be announced on January 3, 2018.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
"Make no mistake: whatever LeT chooses to call itself, it remains a violent terrorist group. The US supports all efforts to ensure that LeT does not have a political voice until it gives up violence as a tool of influence," said Nathan A Sales, Coordinator for Counterterrorism at the Department of State.
A former top executive of Citigroup has been charged for allegedly siphoning off more than $19 million from the bank, the latest in a string of frauds that have come to light at the global banking giant.
While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
The United States on Wednesday slapped sanctions on an Afghan drug trafficking network and designated two leaders -- Shah Mohammad Barakzai and Haji Baz Mohammad -- as Specially Designated Narcotics Traffickers.
United States President Joe Biden has nominated Indian-American lawyer and rights activist Kiran Ahuja to head the Office of Personnel Management, a federal agency that manages America's more than two million civil servants.
To attack the financial underpinnings of Taliban militants, the United States on Friday slapped sanctions against a pair of informal money-exchange networks in Afghanistan and Pakistan for alleged terrorist financing.
The United States has slapped sanctions on three Pakistan-based "terrorist facilitators" for helping the Taliban and other militant groups in Pakistan, Afghanistan and Uzbekistan, including one man linked to a failed car bomb attack in New York in 2010.
This is for the first time that the US has slammed sanctions against an ISIS leader in India.
The key threats seen during this period ranged from phishing attacks to rogue apps disguised as COVID-19 information apps that targeted users sensitive data.
Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.
The United States on Tuesday slapped sanctions against underworld don Dawood Ibrahim's two top aides -- Chhota Shakeel and Tiger Memon -- for their role in drug trafficking in the region.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
The United States has slapped sanctions on Iran's ministry of intelligence and security for its alleged support to terrorism, participation in the ongoing repression in Syria and human rights violations against its own people.
Pakistani security agencies on Thursday arrested two suspects involved in the car bomb blast outside the house of the 2008 Mumbai terror attack mastermind and chief of the banned Jamat-ud-Dawah (JuD) Hafiz Saeed, an official said.
The Tamil Nadu-based broker is member of commodities exchange from Dharapuram, some say bonds are most likely to be fake.
US President Barack Obama imposed fresh financial sanctions on North Korea and its senior officials in America's first public retaliation against the "provocative" cyber-attack on Sony Pictures.
Even as protests raged across Washington, thousands thronged Pennsylvania Avenue on Friday as President Donald Trump and First Lady Melania Trump made their way from the Capitol to the White House.
US President Barack Obama has proposed to establish a new minimum tax on foreign earnings while repealing benefits for outsourcing jobs overseas and providing new incentives for bringing jobs back home.
The country has reduced its holding of American treasury bills by as much as $1.9 billion compared to July when it stood at $58.9 billion.
The Department of Treasury has finally responded to a letter by a coalition of Indian-American organisations, led by the Global Organisation of People of Indian Origin (GOPIO), but reiterated the Internal Revenue Service warning that there will be no extension of the August 31, 2011, deadline for the Offshore Voluntary Disclosure Initiative.
DMK working president M K Stalin has appealed to cadres to remain calm and to follow discipline in 'this hour of grief'.
