News for 'fugitive economic offender'

People with big surnames came and went, but India couldn't develop: PM

People with big surnames came and went, but India couldn't develop: PM

Rediff.com8 Dec 2018

The Congress hit back saying the PM could not mislead the people by 'lying' as he had been 'exposed'.

Nirav Modi's extradition request sent to court; ED, CBI to leave for London

Nirav Modi's extradition request sent to court; ED, CBI to leave for London

Rediff.com9 Mar 2019

The move takes the process of extraditing and bringing back Nirav Modi to face the law in India to the next stage, the sources said.

Why India fails to extradite Mallya, Modi, Choksi...

Why India fails to extradite Mallya, Modi, Choksi...

Rediff.com5 Dec 2018

'What is the problem in getting the UK to extradite our citizens?' asks Aakar Patel.

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

Record Rs 32,000 Crore Seized in Tax Raids

Record Rs 32,000 Crore Seized in Tax Raids

Rediff.com24 Jan 2022

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.

Bank frauds: SBI sought issuance of 147 Look Out Circulars

Bank frauds: SBI sought issuance of 147 Look Out Circulars

Rediff.com8 Sep 2019

Between April and August, it issued request seeking LoC against 147 individuals to prevent them from leaving the country, the bank said in response to a Right to Information query filed by Pune-based activist Vihar Durve.

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

As FM, Jaitley will be remembered for fiscal rectitude

As FM, Jaitley will be remembered for fiscal rectitude

Rediff.com25 Aug 2019

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.

Here comes the sun for Mallya

Here comes the sun for Mallya

Rediff.com25 Aug 2018

'For Mallya, it seems 'the night is dark and full of terrors' and if you believe his lawyers, he's only looking for some sunshine,' says Veer Arjun Singh.

Mallya diverted Rs 3,700 cr bank loan to F1, IPL and for pvt jet sorties: ED

Mallya diverted Rs 3,700 cr bank loan to F1, IPL and for pvt jet sorties: ED

Rediff.com18 Jun 2018

The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Rediff.com29 Apr 2020

According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Modi meets Abe, says ties will get better in 'New India'

Modi meets Abe, says ties will get better in 'New India'

Rediff.com27 Jun 2019

Ahead of the G20 Summit, Prime Minister Narendra Modi met his Japanese counterpart Shinzo Abe in Osaka, Japan and discussed a range of issues of mutual interest.

Parliament washed out for sixth straight day due to protests

Parliament washed out for sixth straight day due to protests

Rediff.com12 Mar 2018

NDA ally, the TDP continued to disrupt the both Houses of the Parliament over demand for special status to Andhra Pradesh.

Oppn set to corner Centre in Parliament on bank scams

Oppn set to corner Centre in Parliament on bank scams

Rediff.com4 Mar 2018

The government, on its part, is seeking to counter the opposition's offensive by bringing the Fugitive Economic Offenders Bill.

Why PNB scam didn't dent BJP's Northeast show

Why PNB scam didn't dent BJP's Northeast show

Rediff.com13 Mar 2018

It appears that the BJP government has succeeded in managing the communication of the PNB scam in a manner that its adverse impact on its electoral fortunes is largely contained

Budget rebate for individuals not as bold as it seemed

Budget rebate for individuals not as bold as it seemed

Rediff.com18 Feb 2019

Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Mehul Choksi: 'I want to clear my name'

Mehul Choksi: 'I want to clear my name'

Rediff.com20 Jan 2022

'I was shocked by the kidnapping episode. I could have lost my life.'

It's time to name and shame defaulters

It's time to name and shame defaulters

Rediff.com4 Dec 2018

Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.

Congress demands Supreme Court-monitored SIT probe in 'Modigate'

Congress demands Supreme Court-monitored SIT probe in 'Modigate'

Rediff.com16 Jun 2015

Hardening further its stand on 'Modigate', the Congress on Tuesday demanded a Supreme Court-monitored special investigation team probe into the "scandal".

India, UK unveil 10-year roadmap to boost trade

India, UK unveil 10-year roadmap to boost trade

Rediff.com4 May 2021

Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.

India, Thailand seal 2-decade long extradition deal

India, Thailand seal 2-decade long extradition deal

Rediff.com30 May 2013

After two decades of negotiations, India and Thailand have finally put ink to paper and sealed the extradition treaty between the two countries, says Rediff.com's Vipin Vijan, who is travelling with Prime Minister Manmohan Singh to Thailand

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Return 'our old India', keep your 'New India' to yourself: Azad

Return 'our old India', keep your 'New India' to yourself: Azad

Rediff.com24 Jun 2019

'In old India, there was no hatred, anger or lynching. New India is one where humans are enemies of each other'

'Modigate' row deepens, Congress guns for Raje and Swaraj's sacking

'Modigate' row deepens, Congress guns for Raje and Swaraj's sacking

Rediff.com17 Jun 2015

Former Finance Minister P Chidambaram on Tuesday said letters written to British authorities on Lalit Modi case during UPA rule should be released as they will answer the former IPL Commissioner's accusations against him and Congress.

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

Rediff.com26 Oct 2020

Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.

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