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Tuesday, November 5, 2024
TopicAnti-Money Laundering Act

Topic: Anti-Money Laundering Act

ED arrests businessman Amit Arora on money laundering charges in Delhi excise policy case

The CBI, in a chargesheet, said Arora & 2 others were involved in 'managing & diverting the undue pecuniary advantage collected from liquor licenses'.

ED probes crypto exchange Binance in betting app laundering case

Binance has been facing regulatory crackdown as nations intensify scrutiny of crypto industry amid concerns that it is being used to conceal proceeds of money laundering & terrorism.

Pakistan sets up cell to check money laundering, terror financing to exit FATF’s grey list

Islamabad: Pakistan's anti-corruption watchdog has established an anti-money laundering and terror financing cell to check financial crimes and illegal transfer of resources as the...

ED attaches over Rs 365 crore assets in Adarsh cooperative society fraud case in Rajasthan

The case pertains to ED taking cognisance of FIR against the Adarsh Credit Cooperative Society Limited (ACCSL) and its promoters for duping about 20 lakh people in Rajasthan.

Delhi court grants bail to Rajeev Saxena in AgustaWestland case

The court also imposed certain conditions on Saxena and said he will not tamper with evidence and join investigation as and when called.

Money parked by Indians in Swiss banks rose by over 50% last year

The surge comes as a surprise given India's clampdown on suspected black money stashed abroad.

On Camera

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

As IDF unveils robotic combat task force, Israeli maker says open to working with India

Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.