Doubts about Force India being able to race at Spa, the first Grand Prix since the August break, emerged on Wednesday with reports of legal complications.
Talks between Chinese Vice Foreign Minister Xie Feng and US Deputy Secretary of State Wendy Sherman to improve the relations got off on a rough note at the northeastern Chinese port city of Tianjin, with Xie launching a blistering attack on Washington, accusing it of being the "owner of coercive diplomacy".
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
Speaking shortly after taking oath as the 46th President of the United States, 78-year-old Biden also pledged to repair America's global alliances, which suffered during his predecessor Donald Trump's four-year regime.
The size of the Indian financial services market could touch around $340 billion in the next few years.
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
The 10 accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta.
News of all that's transpired on and off the football field
As Afghans head to the polling booths to elect a new president, a contested and fraud-marred elections could potentially throw Afghanistan into a renewed cycle of violence and instability, says Dr Shanthie Mariet D'Souza.
About 85 per cent of firms with a whistle-blower mechanism stated they provided complete anonymity and protection to anyone who reported a matter.
Swiss authorities have always maintained that assets held by Indian residents in Switzerland cannot be considered as 'black money' and they actively support India in its fight against tax fraud and evasion.
Mahesh Bhupathi was on Friday accused of non-payment of dues by the production company that was involved in the broadcast of his star-studded league International Premier Tennis League (IPTL) but the Indian tennis ace said he is not responsible for the situation.
Total scam in collusion with middlemen is estimated at over Rs 700 crore. Probe is on in 10 more cases.
Barcelona agreed to pay a fine of 5.5 million euros ($6.21 million) to the Spanish authorities to settle a tax fraud case over the transfer of Brazil international Neymar in 2013.
Immigration attorneys claimed that they knew nothing about the varsity's illegal operation and were trapped.
The cell was formed after attacks on the Bangladesh central bank by international hacker groups siphoned off millions of dollars.
A federal jury on Monday convicted Susan Xiao-Ping Su, the founder of California-based Tri Valley University.
Members from parties, including National Democratic Alliance partner Telugu Desam Party, All India Anna Dravida Munnetra Kazhagam and Trinamool Congress, continued their protests on various issues.
The CBI on Wednesday directed him to contact the embassy of India in a country where he is staying so that his travel to India can be arranged
The controversial former Australian Test umpire Darrell Hair termed the Pakistan cricketers as "cheats, frauds and liars" and criticised the International Cricket Council (ICC), the world governing body, for refusing to act despite apparent evidence that Shoaib Akhtar tampered with the ball, during the ODI against England at the Rose Bowl, last Wednesday.
There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.
Here's why VCCs are the best options for credit and debit card holders for avoiding phishing and frauds
Here's your chance to find out if a credit card number is valid or not in three simple steps.
A team of officers from Serious Fraud Investigation Office (SFIO) visited Delhi and District Cricket Association headquarters in New Delhi on Monday and began investigation into the charges of alleged financial irregularities levelled by former India cricketer Kirti Azad.
He added that while he is not too worried about a constitutional crisis, he is worried about further diminishment of the basic reputation of the voting process in the US. There might be a "significant minority" of voters rejecting the election result on November 8.
'I was shocked by the kidnapping episode. I could have lost my life.'
The chargesheet, filed in a special court in Mumbai, also names several other top officials of the bank.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
The UK subsidiary allegedly paid bribes to win train infrastructure orders for the Delhi Metro, the Serious Fraud Office said in a filing.
The legislation is being implemented by the Corporate Affairs Ministry. Many provisions of the new law came into effect from April 1.
A special court on Tuesday set March 9, 2015, as the date for the verdict in the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited.
District Judge Samuel Goozee expressed his concern at the late submission of the documents, said to include largely bank statements relating to the diamond merchant's companies, but has agreed to consider the application for their submission.
Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.
n February 2009, the CBI took over the investigation.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
Under the FFS, concession is given to employees of the airline in which they can take their family to a domestic destination once a year at subsidised cost.
Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now valued at about $577 million.
The PNB ambassador is Virat Kohli, Priyanka Chopra and Siddharth Malhotra are the faces of the Nirav Modi label, Kangana Ranaut, Kriti Sanon and others endorse the family of brands under the Gitanjali Group.
