This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.
In the Sensex pack, index heavyweight Reliance Industries fell 2.84 per cent to Rs 1,057.15 after reports that the company's oil assets may take a hit due to the government's imposition of cost controls on soaring petrol and diesel prices.
Raising a child as a single mother in India can be challenging, especially when it comes to managing finances.
Sajana stamped her mark in her WPL debut itself, smoking off-spinner Alice Capsey for that match-winning six over long-on.
The man widely expected to be India's next central bank chief favours clipping the autocratic power of the role and giving more say to a monetary policy committee.
rediffGURU Sushil Sukhwani offers expert advice on about pursuing higher education abroad.
rediffGURU Kanchan Rai urges you to talk about your problems so you can seek solutions and also transform your life.
'All those who participated in the agitation were branded as anti-nationals.'
Kerala Chief Minister Pinarayi Vijayan on Sunday lashed out at Governor Arif Mohammed Khan for calling a group of protesting Students' Federation of India (SFI) members 'criminals' and said the Bharatiya Janata Party-led central government has 'let loose such a deranged man'.
Growing up in the Mumbai of 1970s, Uday Kotak aspired to be a cricketer and trained under legendary coach Ramakant Aachrekar. However, it was an on-field injury which resulted in a shift to finance. He started off with bill discounting, turned to lending and successfully applied to start a universal bank in the first decade of the millennium, as India was warming up to private play in banking.
Sachin Tendulkar's timely help has helped Dipti Vishvasrao from Maharashtra's Ratnagiri district pursue her dreams of becoming a doctor.
Mirabai Chanu is an inspiration to many athletes but to Gyaneshwari Yadav she is also a competitor and the promising weightlifter dreams of not just scaling great heights like the Tokyo Olympic medallist but leaving her behind.
Qatar returns to the spotlight on Friday little more than a year after the first World Cup held in the Arab world when the relocated and delayed 2023 Asian Cup gets underway amid a seismic shift in football's global order.
While Emami is still struggling to push growth, given weak rural demand, the sale of the group's stake in AMRI Hospitals should ease investor concerns about stake pledges by promoters. It has also carried a series of stake acquisitions which should enable the expansion of its brand portfolio. The Q2 results are likely to see flat volumes and low revenue growth alongside some gross margin expansion.
Congress leader Rahul Gandhi has said that he did not imagine his disqualification from Lok Sabha was possible when he joined politics but asserted that it has given him a 'huge opportunity' to serve the people.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
Have you been fired from your job recently? Or do you fear it will happen soon? Here are a few tips on how you can survive a layoff, financially.
The battle for Champions League qualification continues with fourth-placed Aston Villa away to Luton Town on Saturday and Tottenham Hotspur, who are five points behind with a game in hand, hosting Crystal Palace.
I need funds to play more international tournaments, says National Champion Sourabh Verma
The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.
The K-shaped economic recovery in India from the pandemic slowdown shows in corporate results as well. The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with poor sales and earnings growth. The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023 (Q2FY24) from 8.94 per cent a year earlier and 9.75 per cent in Q1FY24.
Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.
The amazing excuses given by people who don't invest their money abound, but you would be wise to ignore them. Excuses won't help you get ahead; they can only hold you back from the retirement you deserve, says financial planning advisor P V Subramanyam
The following is a list of six financial instruments which parents can consider for building enough financial resources to take care of their child's future.
Meanwhile, Minister of State for Civil Aviation Mahesh Sharma said that there was no question of any bail out to the beleaguered carrier
Ecstatic over Kiran Baliyan's podium position in the shot put event at the Asian Games, her mother on Saturday said the success has come after a long struggle and she was hopeful that her daughter would win a medal in the Olympics as well.
India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Paris St Germain's trip to Valencia in the Champions League on Tuesday pits the wealthy French team against one of many La Liga clubs struggling to stay competitive after years of financial struggle.
An open and direct conversation is the only way to deal with a marital problem but choose the right time and place to address the issue, advises rediffGURU Ravi Mittal.
'The list of betrayals is long.' 'People, who said they were like family, have backstabbed me most.'
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
Baramati Agro works in the fields of animal and poultry feed manufacturing, sugar and ethanol manufacturing, co-generation of power, trading of agri-commodities, fruits and vegetables and dairy products.
Asset sale plans lag target in both current and next financial years; the airline had a three-year plan to monetise assets worth Rs 5,000 crore (Rs 50 billion) by March 2016.
The choice should depend on the size of the retirement corpus, stage in life, and state of health.
'Never expected, and never in history, not a single country has extended that kind of assistance'
'Its people are either victims of corruption or witnesses to it.'
Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would take over as the Nasdaq-listed company's CEO.
'Parents don't realise that motivating your child or pushing them to do better is one thing and pushing them to the brink is another.'
