Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.
A day after Arvind Kejriwal demanded an open probe into his allegation on spending of India Against Corruption funds by Aam Admi Party, Anna Hazare on Tuesday said he was mainly concerned about "misuse" of his name in poll campaign and maintained the two are "not enemies".
'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'
In his letter to Sitharaman, Venugopal said media reports have exposed the alleged "quid-pro-quo between BJP and several firms, which in a strange coincidence donated to it, after the Enforcement Directorate (ED), Income Tax Department (IT) and Central Bureau of Investigation (CBI) and others, raided or searched those enterprises".
The move triggered sharp reaction from the opposition, which has accused the state's BJP government of trying to stifle freedom of expression.
Sakshi, Bajrang accuse WFI of using devious means to get suspension lifted, threaten fresh protest
Freebies being doled out by the Madhya Pradesh and Rajasthan governments ahead of the assembly polls Friday came under scrutiny by the Supreme Court which sought responses from the two states, the Centre and the Election Commission on a PIL alleging misuse of public money.
Lashing out at Abdullah and Mehbooba Mufti, Rashid on Wednesday alleged that they have "destroyed" Kashmir.
The post of Director General (DG) of Assam Rifles has been lying vacant since February after incumbent Lt Gen Rameshwar Roy was repatriated to the army by the home ministry, months after allegations of fund misuse cropped up against him.
'When I asked whether they would choose a government job that offered Rs 30,000 a month or a private job that offered them Rs 3 lakh a month, without exception, everybody said, "I would rather have the government job!"'
Concerned over reports regarding the misuse of aid being provided to Pakistan, the United States is planning to set up a separate office for auditors in the country to keep a tab on the financial assistance programmes under the Kerry-Lugar bill and the Coalition Support Fund.
The Broken News 2 is worth watching because of Jaideep and Shriya's fabulous acting, recommends Namrata Thakker.
The opposition leaders are expected to meet at Leader of Opposition in Rajya Sabha Mallikarjun Kharge's office in the Parliament complex around 10 am, sources said.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
'EVMs are absolutely credible, they are robust.' 'It's only a calculator with certain instructions. And the sim card inside an EVM is burnt and cannot be reprogrammed.' 'Besides, the machines are circulated among various states. No machine is allowed to remain in one state after an election.' 'By far, it is one of the finest innovations India should be proud of.'
The Wrestling Federation of India (WFI) on Friday decided at its Special General Meeting (SGM) that it will start functioning at 'no cost to the government' model if its request to lift the suspension is not considered by the Sports Ministry.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Disgraced Chinese leader Bo Xilai on Saturday said he had not acted to stop the embezzlement of government funds by his wife, the first time he has admitted to any of the charges against him since his trial began two days ago.
Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as January 1, 2024. Several brokerage firms said they may take a few months more to implement it. Investors will be able to register for this facility only if the stock broker has opted for the UPI block facility.
Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.
Bihar Rural Development Minister Nitish Mishra on Monday ordered an inquiry into the allegations that nearly 73 per cent of the funds allotted for implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in 38 districts of Bihar, between 2006 and 2012, have been embezzled by authorities.
He said the parties rejected by the electorate are pushing their own political agenda by misleading farmers.
About a dozen locations in the state, including in state capital Ranchi and a premise in Rajasthan, are being raided by the central agency under the provisions of the Prevention of Money Laundering Act (PMLA), they said.
The Supreme Court on Wednesday directed activist Teesta Setalvad and her husband Javed Anand to cooperate with the Gujarat Police in connection with a case filed against them over alleged misappropriation of funds.
The high court also directed that engineers involved in shoddy constructions using public money be brought to book.
Ramesh alleged that through the "electoral bonds scam", the Bharatiya Janata Party has collected Rs 8,200 crore and used the route of "pre-paid, post-paid, post-raid bribes and shell companies".
The body of Sushil Das (62), who was missing since the last two days, was found in a well at Achhoti village under Anda police station limits on Tuesday afternoon and prima facie it looks like a case of suicide, Durg Senior Superintendent of Police Ram Gopal Garg said.
The Securities and Exchange Board of India (Sebi) is mulling doing away with the priority distribution (PD) model in Alternative Investment Funds (AIFs) and introducing in the regulation pro-rata rights (based on the ratio of their commitments) for investors. AIFs are pooled investment vehicles but certain schemes have been observed to be following a differential distribution model where one class of investors, often a junior class, share loss more than the ratio of their contributions in comparison to the senior class of investors. As the senior class of investors have priority in distribution over the junior class of investors, the profit distribution is done first to these investors while they are compensated for loss out of the residual capital of junior class investors.
The Enforcement Directorate (ED) on Wednesday produced WhatsApp chat records between former Jharkhand chief minister Hemant Soren and a close associate where information related to transfer and posting of state government officials involving 'huge amount of money' is alleged to have been discussed.
Centre mulls strategy to ensure powers given to the agencies are not misused.
Principal opposition Congress too staged a walk out saying its members should have been the first ones to speak but were being denied a chance.
The action came after investigations carried out by an inter-ministerial committee formed by the home ministry in 2020.
Capital markets regulator Sebi has penalised stock exchanges -- BSE and NSE -- for "laxity" on their part in detecting misuse of clients' securities worth Rs 2,300 crore by Karvy Stock Broking Ltd (KSBL). In two separate orders, the Securities and Exchange Board of India (Sebi) has imposed a fine of Rs 3 crore on BSE and Rs 2 crore on NSE. The matter relates to KSBL misutilising client securities worth Rs 2,300 crore, belonging to more than 95,000 clients, by pledging them from just one demat account. The funds raised against the pledge were used by KSBL for itself and its group entities.
It is crucial to electoral democracy that the exercise of freedom to vote is not subject to undue influence, the Supreme Court said on Thursday while striking down as unconstitutional the electoral bonds scheme for political funding.
'ESG is actually a concept which cannot be applied effectively in the very short run.'
The ICC on Tuesday moved next year's men's U-19 World Cup from Sri Lanka to South Africa, 11 days after the world governing body provisionally suspended the island nation's cricket board due to government interference.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
The hapless voters fervently hope that they get to make a more equal choice in the next election and political discourse in the country becomes positive and more enlightened. One wonders if the masses would become more politically aware to discern good intent and performance from gimmickry, notes Biswajit Dasgupta.
Advocate ML Sharma filed the plea and as per the plea, it seeks to stop funding on separatists for foreign travel and the government spends other expenses as more than Rs 100 crore on them.
The opposition parties will meet on Monday morning to evolve their strategy in both Houses of Parliament after protests by them on the Hindenburg-Adani issue overshadowed most of the first half of the Budget session.
