Risks are increasing with 55 times increase in such transactions over the past three years, says a Assocham-PwC report
Pakistan was put in the inglorious list in 2018 for its failure to check risk of money laundering, leading to corruption and terror financing.
'Both sides should, therefore, focus on easing tensions in the friction areas by refraining from any actions that may lead to an escalation in the situation'
He also said it was important that even during the difficult moments of this "crisis" India has been communicating and engaging with China.
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'
The Attorney General said that Mallya has not disclosed full details of his assets.
The United States has so far allocated only 7.5 million doses of Covid vaccines to India, which is not enough, a top Indian-American Congressman said while urging the Biden Administration to do more.
Payments banks are niche banks set up by the Reserve Bank of India to further the agenda of financial inclusion.
'Commerce Minister Piyush Goyal once told me that if onion prices rise we will face the flak for it across India.' 'What can farmers expect from a government which talks like a trader and only believes in (electoral) profit and loss?'
'Terrorism continues to be the overwhelming threat to security and stability in the SCO region and therefore Dr Jaishankar strongly pitched for 'collective action',' observes Dr Rajaram Panda.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
The board meeting is likely to take place later in Shanghai.
The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.
The Prime Minister's Office tweeted a picture of their meeting but shared no details about their talks.
Reduce the government stake in public sector banks to 33 per cent, recommends A K Bhattacharya
Two days after the India-China military talks, the joint statement, issued in New Delhi by the Indian Army said both sides had a 'candid and in-depth exchange' relating to disengagement along the Line of Actual Control (LAC) in the Western Sector of India-China border areas.
Crypto exchanges have been asked to furnish details this month itself.
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
Tabled by Minister of State for Home Affairs Nityanand Rai, the legislation will reverse the effect of the Supreme Court verdict in May that gave the Delhi government power over administrative services.
The agenda of the talks will be to firm up a roadmap for disengagement of troops from all the friction points in eastern Ladakh, the sources said.
Sharad Pawar has left the door open for his nephew's return by not suspending him from the party for his rebellion.
'Banking is a business of trust.'
The government is considering a proposal to privatise some state-owned banks in phases.
The fresh round of Corps Commander talks are scheduled to start at 10:30 AM at Moldo border point on the Chinese side of the Line of Actual Control in eastern Ladakh, they added.
The money sent home by Indians from West Asian countries took a beating in 2020-21 due to the pandemic. On the other hand, overseas Indians in advanced nations - the United States, United Kingdom and Singapore - emerged as important sources of remittance, according to a Reserve Bank of India (RBI) survey. Indians working in informal sectors in West Asia seem to have been impacted the most due to the lockdowns and subdued crude oil prices as well as slower pace of migration in recent years.
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
Under pressure from India and other countries for sharing account details of suspected tax offenders, Swiss banks have said any information exchange would be according to the conditions set out by the Organisation for Economic Cooperation and Development (OECD), the grouping of mostly developed nations.
In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past. In the first half of 2021-2022, FDI investments through these two nations stood at just $36 million.
In a written reply to a question in Lok Sabha, Minister of State for External Affairs V Muraleedharan gave a brief account of the four-month-long standoff and said the Chinese side attempted to transgress the Line of Actual in several areas of the western sector since mid-May.
A day ahead of a crucial G20 meeting, External Affairs Minister S Jaishankar on Wednesday evening hosted a welcome dinner for the foreign ministers attending the deliberations but the reception was missed by his counterparts from the US, China, Germany and France.
The Indian side forcefully pressed for early resolution of the standoff and particularly insisted on expeditious disengagement in Hot Springs and Gogra, a source said.
The Delhi high court on Monday allowed journalist Rana Ayyub to travel abroad while questioning the Enforcement Directorate over a Look Out Circular (LOC) issued against her barring her from travelling abroad.
China has been taking "incremental and tactical actions" to press its claims at the Line of Actual Control (LAC) with India and has unsuccessfully sought to prevent New Delhi from deepening its relationship with the US during and subsequent to the standoff, the Pentagon has said in a major report on China's military modernisation.
'I just offered her a rose. She said thank you. And I took a photograph with her.'
The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.
Ashoka University co-founders Vineet Gupta and Pranav Gupta, who were booked last week by the Central Bureau of Investigation in a Rs 1,600 crore fraud case, on Thursday stepped down from all boards and committees of the varsity.
Heavy rain is expected on Sunday's match-day and also the reserve day on Monday as a multi-year La Nina weather phenomenon continues to drench much of eastern Australia.
The Aam Aadmi Party (AAP) claimed that Sisodia would be arrested on Monday and alleged the move was initiated in view of the forthcoming assembly elections in Gujarat where it is in a direct contest with the Bharatiya Janata Party.
