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Sunday, August 17, 2025
TopicPrevention of Money Laundering Act

Topic: Prevention of Money Laundering Act

Under Modi govt, ED’s public profile has changed. It has 4 times the staff, bigger budgets

In New Delhi, and all state capitals, the dictum was ‘those who live in glass houses never throw a stone.’ Modi govt has changed that.

ED arrests two ‘business associates’ of Satyendar Jain in money laundering probe

The 57-year-old was arrested by the Enforcement Directorate on 30 May under the criminal sections of the Prevention of Money Laundering Act and is in judicial custody at present.

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

China wants to create new order in Myanmar. India must switch gears or be dealt out of the game

India’s policy on Myanmar has been to deal with its Generals and maintain a distance from the country’s insurgent groups and political struggles. This will have to change.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?