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Sunday, September 29, 2024
TopicPrevention of Money Laundering Act

Topic: Prevention of Money Laundering Act

Why ED is accusing Amway of ‘pyramid fraud’, duping customers of ‘hard-earned money’

Enforcement Directorate attached assets of Amway India worth over Rs 757.77 crore Monday. ED alleges firm's focus is on signing people up for get-rich schemes, not selling products.

After back & forth between courts, Supreme Court seeks Centre’s stand on Jairam’s plea

Congress MP Jairam Ramesh's plea challenged the amendments made to the Prevention of Money Laundering Act.

Enforcement Directorate attaches assets worth Rs 637 crore of Nirav Modi

The Punjab National Bank case is one among very few where Indian agencies have attached assets abroad in a criminal probe.

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?