Kushner in an 11-page statement said he hopes that that he has been able to demonstrate the entirety of his "limited contacts with Russian representatives during the campaign and transition".
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).
China on Wednesday announced military drills around Taiwan, days after United States President Joe Biden said Washington would intervene militarily if Beijing tried to reunify with the island by force.
The Chinese army's Eastern Theatre Command stated in a terse statement that it had conducted 'combined combat readiness patrols and joint firepower strike drills' surrounding Taiwan.
About 60 per cent of Indian private insurers believe there has been a significant rise in insurance-related frauds, and as risks lurk there is an immediate need to consider a proactive fraud risk management framework, a Deloitte survey said on Thursday. Insurance companies in India have experienced a rise in fraud instances in life and health insurance, and increased digitisation, remote working post pandemic and weakened controls are key factors contributing to frauds, according to Deloitte's Insurance Fraud Survey 2023. "About 60 per cent of survey respondents believe that there has been a significant rise in fraud, while further 10 per cent experienced a marginal increase," the survey said.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
The Enforcement Directorate on Friday claimed before a Delhi court that Aam Aadmi Party leader and former deputy chief minister Manish Sisodia was involved in "large scale destruction of digital evidence to impede investigation" into the Delhi excise policy case and had changed and destroyed 14 phones.
Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.
"It is amusing to note that P J Thomas,whose appointment as the Central Vigilance Commissioner is under a shadow, should be delivering the key note address on corruption at a seminar organized by his own department. This is the height of defence of corruption," Naqvi told rediff.com.
'Given the blood on his hands, it's really hard to believe that he (Manipur Chief Minister N Biren Singh) has the audacity and the moral numbness to hold onto power.'
China on Saturday began military exercises around Taiwan to test the capabilities of its forces to 'seize control of the sea, air and information', days after a meeting between the United States House Speaker and the President of the self-ruled island in defiance of repeated threats by Beijing.
Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.
The top court, however, did not stay at this stage the part of the high court order which had said that central probe agencies could quiz the Trinamool Congress general secretary in connection with these cases and fixed his plea for hearing in July.
Congress general secretary Priyanka Gandhi Vadra on Friday met families of four deceased farmers, who had allegedly faced shortage of fertilisers in Lalitpur, and charged that the fertiliser distribution system of Uttar Pradesh has failed due to collusion among black marketers, officials and leaders.
Aviation regulator DGCA has allowed IndiGo to wet lease wide-body Boeing planes from Turkish Airlines for up to six months and has rejected the domestic carrier's request for leasing the aircraft for up to two years, according to sources. The Directorate General of Civil Aviation (DGCA) turned down the request of the country's largest airline to wet lease the aircraft for a longer period, citing that the move could become diversion of traffic rights in collusion with a strong foreign carrier that will mainly feed the latter's hub abroad with more passengers from India, the sources said. IndiGo, which currently has only narrow-body planes in its fleet, decided to lease wide-body aircraft to operate more flights on international routes to meet rising demand.
Pilot's demand to order a probe and take action in the alleged mining scam during the previous BJP government and other corruption allegations was supported by state cabinet minister Pratap Singh Khachariyawas.
Special Judge Vikas Dhull also imposed a fine of Rs 50 lakh on the convict in the case of acquiring disproportionate assets from 1993 to 2006.
The CBI has registered an FIR against an officer of Punjab National Bank (PNB), now suspended, for allegedly cheating the state-run lender to the tune of Rs 168.59 crore through 34 fake bank guarantees, officials said Thursday. Nearly four years after LoU (letter of undertaking) scam allegedly perpetrated by uncle-nephew duo of Mehul Choksi and Nirav Modi bled the PNB to the tune of about Rs 13,000 crore, bank official Priya Ranjan Kumar followed similar modus operandi to issue 34 fake bank guarantees without making any entries in its core banking system Finacle, according to the CBI FIR. "As per the interim investigation report dated November 27, 2022, it emerges that the fraud has been perpetrated by the bank staff in collusion with some unknown persons through illegal and unauthorized usage of the bank's systems.
Ayodhya mayor, a local BJP MLA and a former party legislator are among the 40 people whom the Ayodhya Development Authority has accused of illegally trading plots and building infrastructure in such land.
Enforcement Directorate officials on Sunday detained Shiv Sena leader Sanjay Raut in connection with the Patra Chawl land scam case in Mumbai after hours of conducting raids at his residence.
Over 95 per cent of organisations in India have experienced new types of fraud incidents in the past two years, a PwC Survey said on Tuesday. Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety and disinformation, said the PwC's 'Global Economic Crime and Fraud Survey 2022' report.
The ruling Aam Aadmi Party termed the LG's orders removing Shah and Gupta from the boards of discoms "illegal and unconstitutional". The LG does not have the power to issue such orders, it claimed.
Raje however, said that "Gehlot's 'praises' is a big conspiracy" against her.
The Competition Commission has disposed of a complaint alleging unfair business practices by Amazon Seller Services Pvt Ltd and certain other related entities, saying that the allegations are devoid of requisite evidence. The complaint was filed by All India Online Vendors Association against Amazon Seller Services, Amazon Wholesale India, Amazon Retail India, Cloudtail India and Prione Business Services. The association comprises more than 2,000 sellers across the country, with its members selling various products on e-commerce marketplaces.
The Gujarat high court agreed to the Oreva group's offer on Wednesday to pay compensation to the victims of the Morbi bridge collapse that left 135 dead and several injured but said it will "not absolve it of any liability".
The election agent of the candidate, Brahmanand Netam, said he has submitted a reply to the Jharkhand police on the leader's behalf stating Netam is busy with electioneering.
By comparing I.N.D.IA. with banned terror outfits, Modi has exhibited the kind of nervousness never ever associated with him even at the height of the Gujarat riots, and certainly since his prime ministerial days, observes N Sathiya Moorthy.
Rathore, however, said he was a "true soldier" of the Congress party and it was in the public domain who had damaged the party.
Some regulators are already unleashing their own algorithms to track and understand pricing software of e-commerce companies. While companies collude on pricing, governments are collaborating on curbing online malpractices. The legal liability of an algorithmic decision will be interpreted as legal liability of an entity of an individual. Anti-trust activities of algorithms will not go unchallenged in any economy.
The eastern theatre command of the Chinese People's Liberation Army successfully completed all tasks of its combat readiness patrols and exercises around Taiwan Island, official media in Beijing reported.
AIADMK insiders see the very idea of an NDA conclave as a measure of the BJP's current electoral assessment, stemming from relative weakness in 2024 compared to 2014 and 2019. In their reckoning, the BJP now needs allies more than the other way round, observes N Sathiya Moorthy.
Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 11 crore on 8 entities, including National Stock Exchange (NSE) and its former chiefs Chitra Ramkrishna and Ravi Narain, in a case pertaining to software related to algorithmic trading. The regulator has levied a fine of Rs 1 crore each on NSE, Ramkrishna and Narain. Also, a fine of Rs 1 crore has been imposed on Suprabhat Lal, who was a NSE official at the time of violation.
Former ICC Chief Executive Malcolm Speed has kicked up a controversy by claiming in his memoirs that the New Zealand judge who heard the Sydney Test racial row appeal had accused Indian and Australian cricket boards of colluding behind the scenes in a way that was "disastrous for cricket".
Notwithstanding Congress' reprimand, Union Steel Minister Beni Prasad Verma on Saturday intensified his attack on his friend-turned foe Mulayam Singh Yadav accusing him of conniving with the Bharatiya Janata Party to flare up communal passions and dared the Samajwadi Party leader to a public debate on Babri issue.
The SC bench noted that Khan has got bail in 86 out of 87 cases.
The Central Bureau of Investigation on Wednesday summoned 2G scam accused Shahid Balwa for questioning with regards to audio recordings of purported conversation between its prosecutor A K Singh and another accused Unitech Managing Director Sanjay Chandra on the case
Parliament proceedings were adjourned amid ruckus and sloganeering by the Opposition members over the Adani issue.
The Enforcement Directorate (ED) has summoned Varsha Raut, wife of arrested Shiv Sena MP Sanjay Raut, for questioning in a money laundering investigation linked to alleged irregularities in the redevelopment of a local 'chawl' and linked transactions, officials said on Thursday.
The Popular Front of India (PFI), banned recently by the government for alleged terrorist links and spreading communal hatred, has a "well-structured and organised" presence in the Gulf countries for raising and mobilising funds, the Enforcement Directorate said on Monday after a local court took cognisance of its latest charge sheet filed against three PFI office-bearers.
