News for 'illegal transactions'

Laws that regulate black money in India

Laws that regulate black money in India

Rediff.com10 Nov 2014

If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.

Meet the crusader against obsolete laws

Meet the crusader against obsolete laws

Rediff.com10 Oct 2014

Parth J Shah is the man behind the The 100 Laws Project, a listing of the country's ludicrous but extant legislations.

'Why should boys have all the fun?'

'Why should boys have all the fun?'

Rediff.com17 Nov 2016

'I happened to show the Akira trailer and John was very impressed.' 'He told the action director, "Involve her in the action and let us both fight the bad guys together".'

Justice with judiciousness

Justice with judiciousness

Rediff.com15 Apr 2017

While the judiciary remains our most trusted institution, it should debate its internal health, argues Shekhar Gupta.

PM may intervene, says Naidu as govt hopes to break Parliament logjam

PM may intervene, says Naidu as govt hopes to break Parliament logjam

Rediff.com2 Aug 2015

Despite the monsoon session of Parliament being a near washout so far, the government hopes to resolve the impasse at an all-party meeting on Monday to pave the way for discussion on issues raised by the Opposition, Parliamentary Affairs Minister Venkaiah Naidu said.

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Rediff.com4 Apr 2016

Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.

CBI arrests Karti Chidambaram

CBI arrests Karti Chidambaram

Rediff.com28 Feb 2018

The former finance minister's only child was arrested at Chennai airport.

The story of tax havens and financial secrecy

The story of tax havens and financial secrecy

Rediff.com29 Apr 2016

Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.

RBI further tightens gold import rules to tame demand

RBI further tightens gold import rules to tame demand

Rediff.com22 Jul 2013

The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.

Fears for tough penalties grow as India cleans up business

Fears for tough penalties grow as India cleans up business

Rediff.com22 Oct 2014

Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.

The IPO scam that changed India's primary market

The IPO scam that changed India's primary market

Rediff.com2 Aug 2016

Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.

CBI names Bansal as witness, nephew architect of railway scam

CBI names Bansal as witness, nephew architect of railway scam

Rediff.com4 Jul 2013

Bansal has been named as the 39th prosecution witness in the case in which Singla, the then Member (Staff) of Railway Board Mahesh Kumar and eight others have been chargesheeted for the offence of criminal conspiracy under the IPC and relevant provisions of the Prevention of Corruption Act.

'Mudra Bank will change the way India is functioning'

'Mudra Bank will change the way India is functioning'

Rediff.com20 Mar 2015

IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.

Protect the Right to Privacy as a Fundamental Right!

Protect the Right to Privacy as a Fundamental Right!

Rediff.com7 Aug 2015

'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'

The true story behind HPCL's stake sale

The true story behind HPCL's stake sale

Rediff.com14 Sep 2017

The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.

Blow to Lalu, SC orders separate trial in fodder scam case

Blow to Lalu, SC orders separate trial in fodder scam case

Rediff.com9 May 2017

Prasad will face charges including criminal conspiracy and fraud in the fresh trial.

Rahul, Mamata lead fractured opposition, demand PM's resignation

Rahul, Mamata lead fractured opposition, demand PM's resignation

Rediff.com27 Dec 2016

Unfazed by the absence of leaders of the Left, the Janata Dal-United, the Samajwadi Party and the Bahujan Samaj Party, Congress leader Rahul Gandhi and Trinamool Congress chief Mamata Banerjee along with some regional parties on Tuesday sought to put up a united face raising the pitch against demonetisation by demanding the resignation of Prime Minister Narendra Modi.

Mr Modi's home run: PM's 'Housing for All' plan may just be a pipedream

Mr Modi's home run: PM's 'Housing for All' plan may just be a pipedream

Rediff.com24 Jun 2015

Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan

TWO bills that will unite political foes in Parliament

TWO bills that will unite political foes in Parliament

Rediff.com23 Aug 2013

Despite the incessant disruptions and bitter clashes between political parties witnessed in the ongoing monsoon session of Parliament, lawmakers from across the political spectrum will display rare unanimity in the coming days to pass two bills aimed at protecting their interests.

Mamata and the BJP won't be friends in a hurry

Mamata and the BJP won't be friends in a hurry

Rediff.com15 Jan 2017

As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.

1st coal block e-auction earns Rs 1 lakh cr for states

1st coal block e-auction earns Rs 1 lakh cr for states

Rediff.com23 Feb 2015

Non-mineral-rich states will benefit from tariff concessions.

'If the PM can't control the CM, the RSS will'

'If the PM can't control the CM, the RSS will'

Rediff.com30 Mar 2017

'The incidents that used to happen in our time, have they stopped now?' 'Can you imagine they made an acid attack victim consume acid? And when did this happen?' 'When the CM was inspecting the thana...' 'History tells us that a party does not remain in power permanently.' 'Finally, they will have to deliver.'

15 things that Indian markets expect in 2015

15 things that Indian markets expect in 2015

Rediff.com1 Jan 2015

2015 is set for a lot of changes - and some that we would like to happen

India's most ambitious airport city project in a limbo

India's most ambitious airport city project in a limbo

Rediff.com18 Feb 2015

The project is awaiting clearances from the DGCA.

Coalgate verdict: A chance to clean up the mess

Coalgate verdict: A chance to clean up the mess

Rediff.com26 Sep 2014

It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.

The demonetisation 'demon' is in the details

The demonetisation 'demon' is in the details

Rediff.com2 Dec 2016

'We have the political will to take this to the very end.' 'But what eventually happens depends on the effectiveness, honesty and missionary zeal of the officialdom in the frontline of the battle against corruption,' says S Muralidharan.

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

26/11: The diesel scam queen who helped the terrorists

26/11: The diesel scam queen who helped the terrorists

Rediff.com28 Nov 2013

The oil mafia sheltered the 10 Pakistani terrorists in Machhimarnagar in Colaba and in fact a woman even showed Ajmal Kasab and his accomplice the way to Cama and Albless Hospital. The many theories floated before the Ram Pradhan committee, that looked into the attacks.

The men enforcing election raids and cash seizures

The men enforcing election raids and cash seizures

Rediff.com14 May 2016

'Initially, we had 48 teams, now it has been enhanced to 133 teams: that is for every 10 to 12 villages, there is a team that is working round the clock.' '133 x 3, that is, given the 8-hour shifts.' 'They are monitored every hour, they are equipped with GPS -- everything is tracked live, real time, from the control room.'

Why do we treat our soldiers like this?

Why do we treat our soldiers like this?

Rediff.com11 Jan 2017

'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.

World's biggest rogue traders

World's biggest rogue traders

Rediff.com30 Apr 2015

A common factor that binds all these men is greed.

Govt, BJP to counter anti-demonetisation campaign

Govt, BJP to counter anti-demonetisation campaign

Rediff.com12 Nov 2016

Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.

Fighting big and bountiful, Sebi gets new anti-fraud powers

Fighting big and bountiful, Sebi gets new anti-fraud powers

Rediff.com31 Dec 2013

Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.

How the government is smothering dissident NGOs

How the government is smothering dissident NGOs

Rediff.com20 Jun 2014

Muzzling NGOs is unbecoming of a democracy. Self-confident democracies encourage, indeed applaud, the involvement of citizens' associations, including NGOs, in social and political decision-making and development planning. Instead, our paranoid government bullies and terrorises them, says Praful Bidwai.

GSTN: The solution to India's tax problems

GSTN: The solution to India's tax problems

Rediff.com30 Jan 2016

'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.

Can trade do for India-Pak ties what politicians have failed to do?

Can trade do for India-Pak ties what politicians have failed to do?

Rediff.com4 Sep 2015

Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.

Why Modi could have a long-ish ride

Why Modi could have a long-ish ride

Rediff.com10 Jan 2017

'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.

Aadhaar is based on unscientific thinking, fallible biometric data

Aadhaar is based on unscientific thinking, fallible biometric data

Rediff.com21 Nov 2017

Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.

'Unpardonable sin to build a city on the banks of a river!'

'Unpardonable sin to build a city on the banks of a river!'

Rediff.com23 Feb 2015

'They are acquiring agricultural land almost free of cost promising an illusory rise which is worse than a chit fund scheme.' 'When I went there on a fact-finding mission, we found that one third of the land they plan to acquire is the best agricultural land in the country.'

'Aadhar is a national security threat'

'Aadhar is a national security threat'

Rediff.com31 Mar 2017

'The government that is talking all the time about national security and national interests should be concerned.' 'When national interests are jeopardised by their own project, they should pause and listen.' 'Whether it is the BJP or the Congress, they all want control over the people.' 'They don't give a damn if anything happens to the people of the country; they are only interested in what they can get out of the data.'