While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
The UN Security Council Resolution 2309 calls governments to meet their responsibility to keep citizens secure while travelling by air.
'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.
China has emerged as the world's third largest investor as Foreign Direct Investment (FDI) from the Communist giant jumped by 17.6 per cent last year defying a global pattern.
The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.
In return for Pak's gesture, the US has authorised the reinstatement of a military training and educational programme which had remained suspended for 2 yrs. Pak blamed Iran's Maj Gen Soleimani for Baloch militant attacks against its forces.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
The SIT on black money on Tuesday sought update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.
PAN could be used by the probe agencies.
The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.
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.
The amounts were transferred from HDFC Bank to BoB.
House Speaker Nancy Pelosi in a statement said Trump's pardoning of Michael Flynn, who twice pleaded guilty to lying to the FBI about his dealings with a foreign adversary, is an act of grave corruption and brazen abuse of power.
India and China on Friday held 'in-depth' discussions on addressing the remaining issues along the Line of Actual Control (LAC) in eastern Ladakh, holding that disengagement in the North and South banks of Pangong lake provided a good basis to work towards their early resolution.
Till Thursday, everything was "going well", the chief minister said, adding that unfortunately, "the political meetings at the appropriate level" could not be confirmed.
Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to enforce $1.2 billion arbitral awards against the Indian government, saying the litigation was premature as an appeal against the arbitration award was still pending. The petition by the airline, which is separate to Indian government's plea in a Washington court seeking dismissal of Cairn's lawsuit to seek confirmation of the arbitral award, said the New York district court lacks jurisdiction to adjudicate a "mere hypothetical question" or one that depends upon contingent future events that may or may not occur. Cairn first moved a court in the US District Court for the District of Columbia seeking confirmation of the arbitration award and then filed a petition in the New York court to seek declaration of Air India as "alter ego" of the Indian government and so it should be made liable to pay the $1.26 billion arbitral award.
This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
The airline's 100 per cent shareholding in profit-making budget carrier Air India Express as well as 50 per cent shareholding in equal joint venture Air India SATS Airport Services would also be sold.
US officials did not prosecute companies accused of bribing officials in foreign countries when companies disclosed the conduct to authorities, fired responsible employees and took steps to improve compliance with the law.
India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
He said both sides reaffirmed to sincerely work towards complete disengagement of the troops along the LAC.
The SIT was created by Supreme Court and notified by the government last year to curb black money.
India must have a "contingency plan" in place to ring-fence the country's economy if the political showdown in the US leads to a default on its international monetary obligations, industry body Assocham said.
India and China on Friday agreed to hold the next round of military talks at an early date to achieve the objective of complete disengagement in remaining friction points in eastern Ladakh amid fresh sparring between the two sides on the prolonged Line of Actual Control (LAC) standoff.
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
The fake university was set up by the DHS's investigating unit in Greater Detroit area to bust the "pay-and-stay" racket.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
Secretary of State Mike Pompeo said he was taking action against an unspecified number of Chinese officials, including from the ruling Communist Party, under a US law that calls on China to let Americans visit Tibet.
Kerala Tourism has drawn up God's Own Country 2.0 and the department is going all out to repair the state's image and infrastructure. Apart from being a damage control exercise, it is also an opportunity to reimagine the state as a tourism brand.
Payments made by any person of an amount aggregating to Rs 100,000 or more in cash towards credit card dues will have to be reported.
Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabad besides the national capital.
Govt has drawn list of PSUs for strategic sale: Jaitley
