News for 'illegal transactions'

India must not be carried away by Israel's bluster

India must not be carried away by Israel's bluster

Rediff.com4 Jul 2017

'The real challenge cannot be underestimated considering that this is still very much a "boutique relationship" -- a transactional relationship at its core based on its utility value to both countries -- but enveloped in an aura of romance,' says Ambassador M K Bhadrakumar.

Govt might resort to ordinance route for insurance, coal Bills

Govt might resort to ordinance route for insurance, coal Bills

Rediff.com23 Dec 2014

Since Parliament is still in session, the government refrained from making an official statement but the ministers said there were ample 'precedents by the Congress governments in the past' of Bills being pushed through the ordinance route.

15 facts you didn't know about Uber

15 facts you didn't know about Uber

Rediff.com9 Dec 2014

'Make every trip feel like an escape' says the Uber website. Ironically, it remains to be seen how the company can get away from this controversy.

China's rich seek shelter from stock market storm in foreign property

China's rich seek shelter from stock market storm in foreign property

Rediff.com10 Jul 2015

Since 2000, China has had the world's largest outflow of HNIs.

After all this fuss, I-T may only probe 1% of assessees!

After all this fuss, I-T may only probe 1% of assessees!

Rediff.com21 Nov 2016

With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.

Now, Cobrapost stings realtors

Now, Cobrapost stings realtors

Rediff.com28 Nov 2014

The company releases documentary showing top executives of dozens of realty firms offering to launder black money.

VVIP chopper scam: ED seeks assets details from MoD, income tax department

VVIP chopper scam: ED seeks assets details from MoD, income tax department

Rediff.com5 May 2016

Officials said the agency has sought property details on ten serving and retired officials of the ministry of defence and the IAF.

'India is a great place to do business, come back. Jai Hind'

'India is a great place to do business, come back. Jai Hind'

Rediff.com13 Apr 2018

Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.

Why is UIDAI cracking down on individuals hoarding Aadhaar data?

Why is UIDAI cracking down on individuals hoarding Aadhaar data?

Rediff.com13 Apr 2016

Private firms' offer to print Aadhaar details on plastic card a breach of law

Lessons from the Sharepro scam

Lessons from the Sharepro scam

Rediff.com30 Mar 2016

After every corporate announcement, check your demat and bank accounts for necessary credits.

How safe is it to play Pokemon in India?

How safe is it to play Pokemon in India?

Rediff.com25 Jul 2016

The user cannot expect his or her privacy to be secured.

Tax-information sharing is a small but imp achievement for G20

Tax-information sharing is a small but imp achievement for G20

Rediff.com24 Sep 2014

The agreement on sharing of financial information is a distinct and welcome break from its trend.

Jesus toast, pork in nose, banana peels win Ig Nobel

Jesus toast, pork in nose, banana peels win Ig Nobel

Rediff.com22 Sep 2014

The Ig Nobel prizes honour achievements that first make people laugh, and then makes them think.

Sebi gets more power to clamp down on ponzi schemes

Sebi gets more power to clamp down on ponzi schemes

Rediff.com18 Jul 2013

The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.

What the Internet holds for India in 2018

What the Internet holds for India in 2018

Rediff.com1 Jan 2018

Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.

Aadhaar:Nearing a billion and counting, connectivity remains a problem

Aadhaar:Nearing a billion and counting, connectivity remains a problem

Rediff.com1 Apr 2016

Aadhaar now has legal backing but it still faces challenges of privacy and data sharing

'It's a surgical strike against the country's poor'

'It's a surgical strike against the country's poor'

Rediff.com21 Nov 2016

'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'

Raids continue, currency worth crores dug up

Raids continue, currency worth crores dug up

Rediff.com24 Dec 2016

Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.

Rise in black money due to election funding

Rise in black money due to election funding

Rediff.com18 Nov 2016

Political funding of elections has led to the rise in black money in the economy.

Did Reliance get away lightly in the 'fraud' case?

Did Reliance get away lightly in the 'fraud' case?

Rediff.com28 Mar 2017

More punitive action was needed against the company and the management, say experts

Why RBI should curb rise in rupee

Why RBI should curb rise in rupee

Rediff.com17 Mar 2014

The disturbing aspect about the fall is that it comes as the US and European economies are relatively more stable and improving

Ugly scenes in Parliament over Telangana, other issues

Ugly scenes in Parliament over Telangana, other issues

Rediff.com10 Feb 2014

Pandemonium over Telangana and some other issues paralysed Parliament for the fourth working day on Monday as members created uproar leading to repeated adjournments of both the Houses.

India's diamond trade being used for money laundering

India's diamond trade being used for money laundering

Rediff.com3 Feb 2014

India is one of the five countries where instances have been found that trade accounts of diamond business are being used to launder illegal funds to the tune of millions of dollars, according to a report by a global financial crimes combating body.

Pak boat chased down by Coast Guard near Porbandar sinks after blast

Pak boat chased down by Coast Guard near Porbandar sinks after blast

Rediff.com2 Jan 2015

In a midnight operation in the high seas, a Pakistani fishing boat said to be carrying explosives was intercepted by the Indian Coast Guard off the coast of Gujarat, but the vessel exploded and caught fire before sinking along with 4 occupants.

Money laundering: Swan Telecom promoter moves SC

Money laundering: Swan Telecom promoter moves SC

Rediff.com14 Nov 2014

Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.

Fighting for cheating-free petrol pumps

Fighting for cheating-free petrol pumps

Rediff.com23 Jan 2019

'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.

'Delhi police framed Chandila, others to prove case under MCOCA'

'Delhi police framed Chandila, others to prove case under MCOCA'

Rediff.com29 Jul 2015

'At that time the Delhi police was reeling under various controversies. This case was more of an attention diversion.'

Two bogus traders and an innocent exchange

Two bogus traders and an innocent exchange

Rediff.com2 Sep 2014

If at all it was some great strategy, the delay has only helped the person they eventually arrested.

The man who proposed the ban on Rs 500, 1,000 notes

The man who proposed the ban on Rs 500, 1,000 notes

Rediff.com10 Nov 2016

'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'

NPAs: How Sebi's default disclosure is a game changer

NPAs: How Sebi's default disclosure is a game changer

Rediff.com21 Sep 2017

'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'

Time for a course correction, Mr Modi

Time for a course correction, Mr Modi

Rediff.com24 May 2016

'Modi swept the 2014 elections for two main reasons: First, the disgust with the Congress government with a non-functional prime minister, and second, more importantly, his promise of performance and hope.' 'He cannot expect to win 2019 on these planks again. His own success in finishing the Congress will take away one plank, and with five years of reign on his CV, he will need to flaunt performance more than promise.'

'India must stop further roll out of Aadhaar'

'India must stop further roll out of Aadhaar'

Rediff.com1 Jun 2017

The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.

EC introduces e-filing of poll affidavits for the first time

EC introduces e-filing of poll affidavits for the first time

Rediff.com6 Mar 2014

In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.

The men behind India's first Bitcoin exchange

The men behind India's first Bitcoin exchange

Rediff.com14 Oct 2014

The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.

Saradha probe suggests Rs 2,500 cr-scam just tip of iceberg

Saradha probe suggests Rs 2,500 cr-scam just tip of iceberg

Rediff.com16 Nov 2014

As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.

Congress only had strength to ban 25 paise: PM

Congress only had strength to ban 25 paise: PM

Rediff.com13 Nov 2016

For 70 years the country has been looted, give me 70 months I will clean it up, he said.

Why no one has gone to jail for money laundering

Why no one has gone to jail for money laundering

Rediff.com13 Jun 2016

The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.

They sit there, stoic, implacable, defiant

They sit there, stoic, implacable, defiant

Rediff.com2 Jan 2020

It is a sight that both warms and breaks the heart. The women of Shaheen Bagh seem oblivious of the cold, these women and their children, the latter ranging in age from 19 days to early teens, who have been occupying the road for over two weeks now. Some of them have not gone home for days, but their faces are clear, unlined by fatigue, their eyes bright and fierce as those of the falcon, shaheen, the area is named for.

Timeline: IPL spot-fixing scandal

Timeline: IPL spot-fixing scandal

Rediff.com25 Jul 2015

India pacer Shantakumaran Sreesanth and his Rajasthan Royals team mate Ankeet Chavan and Ajit Chandila were on Sunday cleared of charges by a Delhi court in the spot-fixing and betting scandal in the sixth edition of the Indian Premier League in 2013. A flashback of the events that unfolded in the episode.

'Economy will be normal in 2-3 quarters'

'Economy will be normal in 2-3 quarters'

Rediff.com12 Oct 2017

'I feel that since they know the problems, in the next 2 to 3 quarters, these problems could be resolved.' 'But they should realise that things are not working well right now.'demonetisation did not have a huge negative impact on the economy. But when it comes to GST, those who are looking for loopholes find it difficult to adapt.