Attacking the Congress, Prime Minister Narendra Modi on Friday said the country has suffered due to 'backseat driving' and 'remote control' and warned people of Assam against an unstable government in the state.
Rajeev Kumar, the Kolkata police commissioner, is known for his impeccable investigating and electronic surveillance skills.
The finance ministry has proposed to decriminalise a host of minor offences, including those relating to cheque bounce and repayment of loans, in as many as 19 legislations to help businesses tide over the crisis caused by the coronavirus outbreak. The 19 legislations include Negotiable Instruments Act (cheque bounce), SARFAESI Act (repayment of bank loans), LIC Act, PFRDA Act, RBI Act, NHB Act, Banking Regulation Act and Chit Funds Act.
Top Trinamool Congress leader Mukul Roy has been asked by Central Bureau of Investigation to appear before it in the Saradha chit fund scam probe, drawing angry reaction from the party which accused Bharatiya Janata Party of using the agency as a "political tool".
Gandhi accused Odisha CM Naveen Patnaik of being remote-controlled by Modi
In the aviation sector, 100 per cent FDI is allowed under automatic route for MRO (maintenance, repair, overhaul), ground handling, and aircraft purchase.
Apart from them, Chidambaram's wife -- Nalini -- has been chargesheeted by the CBI in the Saradha chit-fund scam for allegedly accepting a bribe of Rs 1.4 crore.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
On Wednesday, Bengal's own daughter she firmly pitched herself as, was sworn in as the chief minister of the turbulent state for the third successive term amid raging fires of political violence and a rampaging pandemic.
Home Minister Rajnath Singh on Monday said the "unfortunate" and "unprecedented" developments in West Bengal
'Tell me, one BJP policy that Mamata has opposed and is fighting tooth and nail?' Be it Article 370, instant triple talaq, be it CAA/NRC/NPR, be it notebandi, FDI, she has aligned with the BJP.'
The particular matter with Nalini pertains to the legal fee paid to her by the Saradha group.
'From chaiwala he has now become Rafalewala. He speaks a bunch of lies,' the West Bengal CM said.
In New Delhi, Trinamool Congress MPs took out a protest march towards the PM's residence but were taken into police custody en route.
Somen Mitra, the one time pillar of the Trinamool Congress and now Congress candidate from Kolkata North constituency, can't help smiling. The SC's order directing the CBI to probe the Saradha scam is the fruit of his hard and lonely battle. On the day when 17 constituencies in the state go to polls, Mitra speaks to Rediff.com's Indrani Roy about the impact of the Saradha scam on the elections and his relationship with his former party chief.
Imran, a Rajya Sabha MP, reached the agency's office in Salt Lake here and will be questioned about his connections with the defunct group owned by jailed Saradha Chairman Sudipta Sen.
She said the Centre is allowing demonetised notes in various sectors like railways, aviation, petroleum, etc but not for state government sectors.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.
Reserve Bank of India has allowed authorised dealers to grant rupee loans to non-resident Indians for purposes other than those specifically prohibited by the central bank
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
'If the Modi government doesn't act now, it will demoralise and hurt the people who voted in hope of a better times,' argues former BJP MP Tarun Vijay.
Jaitley also said that several states have framed laws to deal with ponzi scheme-related cases
Datta Phuge become the talk of the town after he presented himself a 'gold shirt' weighing about 3.5 kg and worth Rs 1.27 crore in 2012.
The MPs went right up to the entrance of South Block, but were stopped at the first check point.
"In view of the above, the West Bengal government has been requested by MHA to initiate action against the officer and intimate the action taken in this regard," it said.
'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
The apex court had last month handed over the case to CBI and asked the state governments to provide all logistical help to the CBI team probing the matter.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
Nalini Chidamabaram, wife of former Finance Minister P Chidambaram, has been examined by CBI in conection with the alleged multi-crore Saradha chit fund scam.
The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
The Ministry of Corporate Affairs had taken various steps to protect small investors.
Paul, who was in Mumbai to visit his daughter, complained of chest pain at the Mumbai airport during his return to Kolkata and was rushed to a hospital in Juhu but died around 4 am, they said.
Modi said the National Democratic Alliance government wouldn't have been able to do any development work in the country without the support of the people.
Indians waiting patiently in serpentine queues outside Mumbai banks tell Rediff.com's Syed Firdaus Ashraf they are ready to suffer for the larger good of the country.
Arrested Trinamool Congress Member of Parliament Kunal Ghosh was involved in activities of the Saradha Group other than those commensurate with his position as the media CEO of the chit fund company as per fresh evidences that have emerged, the police said on Wednesday.
The bank had posted a 14.9 per cent rise in deposits in FY13, with the last two quarters witnessing headwinds, partly due to the bank's decision to test the market by lowering its offering.
Probing the high-profile Saradha chit fund scam of West Bengal, the serious fraud investigation office on grilled the suspended Trinamool Congress MP Kunal Ghosh for over eight hours here and further questioning is expected next week.
The deal in question is the sale of Devkripa Vyapar Pvt Ltd, the holding company of Akhon Samay, a news channel that never went of air.
There were conflicting reports about some CBI officers being arrested.
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