News for 'black money'

'Kamala Harris Is Going To Win!'

'Kamala Harris Is Going To Win!'

Rediff.com29 Aug 2024

'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'

Govt seeks details of Indians' money in Swiss banks

Govt seeks details of Indians' money in Swiss banks

Rediff.com19 Jun 2021

The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen since 2019, but said it is seeking details from Swiss authorities on the relevant facts along with their view on possible reasons for changes in the funds parked by individuals and entities in 2020. In a statement, the ministry said the deposits have halved but did not give numbers. Quoting data from Switzerland's central bank, PTI had reported on June 17 that funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 13-year high of 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell.

'When people are suffering, how can you call it a good cause?'

'When people are suffering, how can you call it a good cause?'

Rediff.com23 Nov 2016

'How can you ask the common man alone to suffer when the rich is not doing any sacrifice?' 'To take out 10% of black money, you are punishing 90% of the public who have genuine white money.'

Messi, Ronaldo fans rely on black market to fulfill WC dreams

Messi, Ronaldo fans rely on black market to fulfill WC dreams

Rediff.com5 Dec 2022

The man, who declined to be named, said he charges "the most dedicated supporters" a 1,000% markup for tickets to sought-after matches featuring stars like Messi and Cristiano Ronaldo.

First act, then think: Oppn has field day over 2000 note ban

First act, then think: Oppn has field day over 2000 note ban

Rediff.com20 May 2023

Image used for representational purpose only. Photograph: Jayanta Dey/Reuters The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.

We have no interest in being a money-laundering country: Singapore PM

We have no interest in being a money-laundering country: Singapore PM

Rediff.com13 Jul 2012

Lee Hsien Loong, Prime Minister of Singapore, believes bilateral economic ties between his country and India can be significantly enhanced, if India builds up a stable policy regime to soothe investors' nerves. He said India should get its record straight and not indicate Singapore as a black-money hub.

Carlsen-Niemann gearing up for explosive face-off

Carlsen-Niemann gearing up for explosive face-off

Rediff.com6 Sep 2024

American Hans Niemann filed a $100 million defamation lawsuit against Carlsen and Chess.com in October 2022 after the allegations that he had cheated.

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Rediff.com20 Aug 2024

Malik used to criticise the BJP-led Central government and the then opposition leader in Maharashtra, Devendra Fadnavis, when he was a cabinet minister in the erstwhile MVA government led by Uddhav Thackeray.

Money in Swiss banks: SC to hear writ on May 4

Money in Swiss banks: SC to hear writ on May 4

Rediff.com22 Apr 2009

The Supreme Court on Wednesday decided to hear on May 4 the petition filed by former law minister and advocate Ram Jethmalani and others seeking a direction to the government for taking action to bring back money stashed in foreign banks.

Superbet Chess: Praggnanandhaa holds Caruana, Gukesh draws

Superbet Chess: Praggnanandhaa holds Caruana, Gukesh draws

Rediff.com5 Jul 2024

Caruana kept his slender half point lead going in to the final round in the 10-player round-robin tournament, a part of the Grand Chess tour.

Global leaks: Why ED can't probe these 'culprits'

Global leaks: Why ED can't probe these 'culprits'

Rediff.com19 Nov 2019

This is because no prosecution complaint has been filed in any of these cases under the Black Money Act.

Zero-brokerage model on last legs with new fee rules

Zero-brokerage model on last legs with new fee rules

Rediff.com3 Sep 2024

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability. According to industry sources, top brokers may soon begin charging for equity trades and raise the flat fees for intra-day and derivatives trading by 10-30 per cent. Several smaller players have already hiked their brokerage charges, signalling a potential end to the zero-brokerage era that has drawn millions of new investors into the stock market and fuelled active trading.

Opening account in foreign banks is not a crime: Attorney General

Opening account in foreign banks is not a crime: Attorney General

Rediff.com17 Oct 2014

With the Modi government facing the arduous task of fulfilling its promise of getting back black money stashed abroad, Attorney General Mukul Rohatgi on Friday said all amounts deposited in foreign banks by Indian citizens can't be termed as black money and that it is not a crime to open such accounts.

Amazon's Black Friday: Unions to join protests

Amazon's Black Friday: Unions to join protests

Rediff.com25 Nov 2022

Several Indian traders, hawkers, as well as transport and gig workers' unions will join a global campaign by Make Amazon Pay coalition happening across close to 40 countries on Black Friday to protest alleged exploitative practices by the tech giant. Employees in the US, the UK, India, Japan, Australia, South Africa and across Europe are demanding better wages and working conditions as the cost-of-living crisis deepens, as part of the campaign. Trade unions, including Bharatiya Udyog Vyapar Mandal, Hawkers' Joint Action Committee, Gig Workers' Association, and All India People Science Network, will join the campaign.

'Working on getting back money from Swiss banks'

'Working on getting back money from Swiss banks'

Rediff.com30 Jul 2009

Prime Minister Manmohan Singh on Thursday said in Rajya Sabha that "action has already started" for getting back black money belonging to Indians from Swiss banks.

Electoral bonds: Cong says firms donating to BJP got big projects

Electoral bonds: Cong says firms donating to BJP got big projects

Rediff.com15 Mar 2024

The Congress on Friday alleged that the electoral bonds data has exposed 'corrupt tactics' of the Bharatiya Janata Party such as quid pro quo, seeking donations for the company's protection, kickbacks and money laundering through shell companies.

Vadra seeks anticipatory bail in money laundering case

Vadra seeks anticipatory bail in money laundering case

Rediff.com1 Feb 2019

Vadra's anticipatory bail application is likely to be heard by the court on Saturday.

How money is laundered in India

How money is laundered in India

Rediff.com31 Dec 2013

In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.

Why isn't govt naming those keeping money abroad: Oppn

Why isn't govt naming those keeping money abroad: Oppn

Rediff.com15 Mar 2012

Accusing the government of large scale corruption, Opposition parties in the Lok Sabha on Thursday asked it to disclose the names of those who have stashed unaccounted money in foreign banks.

Superbet Chess: Gukesh holds Caruana; Praggnanandhaa draws

Superbet Chess: Gukesh holds Caruana; Praggnanandhaa draws

Rediff.com4 Jul 2024

D Gukesh played out a draw with tournament leader and top seed Fabiano Caruana

Panel to check trade-based money laundering

Panel to check trade-based money laundering

Rediff.com4 Dec 2014

To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of invoices.

Banks to start exchange of Rs 2000 notes on May 23

Banks to start exchange of Rs 2000 notes on May 23

Rediff.com20 May 2023

The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30. The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI said in a statement. In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the RBI said exchange of Rs 2,000 bank notes into bank notes of other denominations can be made up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.

'No way Kejriwal can be saved'

'No way Kejriwal can be saved'

Rediff.com22 Mar 2024

'The evidence against Kejriwal is strong.'

'Demonetisation cost India Rs 10 lakh crore'

'Demonetisation cost India Rs 10 lakh crore'

Rediff.com17 Nov 2021

'Those who should have been affected benefitted from demonetisation.' 'And the vast majority who should not have been affected lost out.' 'That is the ultimate result of demonetisation.'

Oh, Kolkata!

Oh, Kolkata!

Rediff.com7 Oct 2024

5 Must Do Things in Kolkata.

'It's a surgical strike against the country's poor'

'It's a surgical strike against the country's poor'

Rediff.com21 Nov 2016

'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'

'BJP will be mortally scared of corporate disclosures'

'BJP will be mortally scared of corporate disclosures'

Rediff.com20 Feb 2024

'My suspicion is that most of the bonds were given by companies who had got contracts or who had benefited from policy changes by the government.'

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